Monday February 6, 2012

Log Data Management And Analytics Startup Sumo Logic Raises $15M From Greylock And Others

Sumo Logic, a startup focused on enterprise log management and analytics, has raised $15 million in Series B funding round led by Sutter Hill Ventures, with participation from previous investors Greylock Partners and angel investor Shlomo Kramer. The new funding brings the startup’s total venture capital backing to $20.5 million. Today, Sumo Logic emerged from [...]

Cloud Enterprise Performance Analytics Startup Tidemark Raises $24M From Redpoint, Andreessen Horowitz

Enterprise-focused cloud performance analytics company Tidemark, formerly known as Proferi, has raised $24 million in new funding led by Redpoint Ventures with existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday participating. This brings the total amount raised to more than $35 million. Redpoint partner Geoff Yang will join Tidemark’s [...]

Sociocast Raises $1.5 Million For ‘Big Data’ Analytics Solutions

Sociocast, which provides ‘Big Data’ analysis and human behavior prediction software to marketing and advertising decision makers within companies, this morning announced that it has closed a $1.5 million funding round before going after a larger financing round in 2012. The bridge funding was provided by Detroit Venture Partners and angel investors Bobby Yazdani, Joe [...]

Greylock, Andreessen Horowitz Back Cloud Enterprise Performance Analytics Startup Tidemark

Tidemark, formerly known as Proferi, has closed a $4 million Series B round from existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday and founder of PeopleSoft, bringing the total amount raised to more than $11 million. Tidemark formerly debuted last year as stealth startup Proferi, but has rebranded today under [...]

Citigroup Joins Andreessen Horowitz In Backing Fraud Analytics Firm Silver Tail Systems

Silver Tail Systems, a provider of predictive analytics for detection and prevention of online fraud, this morning announced that it has secured an additional round of funding from Citi Ventures, a unit of Citigroup. This investment, the size of which was not disclosed, is part of a previously announced $20 million Series B funding round [...]

Big Data Analytics Company Opera Solutions Raises $84M In First-Round Funding

Opera Solutions, not to be confused with browser maker Opera Software, has raised a whopping $84 million in its very first round of outside equity funding. According to the Wall Street Journal, the round values the company at half a billion dollars. The company, which is in the business of ‘Big Data’ analytics, got a [...]

Andreessen Horowitz Leads $5.7M Round In Analytics Platform For Hadoop Data Platfora

Platfora, a startup focused on bringing businesses intelligence from big data, raised $5.7 million in Series A funding 

led by Andreessen Horowitz with intelligence technology company In-Q-Tel participating. Andreessen Horowitz General Partner Scott Weiss is joining the board as part of the investment. Ben Werther, founder and CEO of Platfora, explains that 

Hadoop one of [...]

Vitrue Updates Social Media Management Platform For Brands With Deeper Analytics And More

Vitrue, a social media marketing company, is rolling out version 3.0 of its social media management platform for brands. New features include localization and enhanced analytics and metrics within one dashboard interface. As we’ve written in the past, Vitrue’s SaaS platform allows brands and marketing agencies to communicate with fans and consumers across Facebook, YouTube [...]

Business Objects Vets Raise $6 Million For Business Analytics Software Startup Visier

Visier, which builds ‘analytic applications for human resources’, has raised $6 million in funding according to an SEC filing published this morning. It’s the startup’s first institutional venture funding round since its inception in 2010. Notably, Visier was co-founded by ex-Business Objectives chief and SAP exec John Schwarz (CEO) and Ryan Wong (CTO), who held [...]

IBM Buys Risk Management Analytics Company Algorithmics For $387 million

Is IBM making up for lost time? After acquiring crime data intelligence software developer i2 yesterday, Big Blue is announcing another purchase this morning. The company is buying Canadian risk management analytics software developer Algorithmics for $387 million. Algorithmics’ risk analytics software, content and advisory services are used by banks, investment and insurance businesses to [...]