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 [...]
Posted on January 31st, 2012 by admin
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AppDynamics, which specializes in application performance management (APM) solutions for high-maintenance Web apps, has raised $20 million in funding in a Series C round led by Kleiner Perkins Caufield & Byers. Previous backers Greylock Partners and Lightspeed Venture Partners also participated. With even mission-critical software applications increasingly moving to distributed, cloud-based architectures, AppDynamics’ solutions aim [...]
Posted on January 17th, 2012 by admin
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Silicon Valley company Bill.com, which offers Web-based bill payment, invoicing and cash management solutions for businesses, this morning announced that it has raised $15.5 million in Series D funding, bringing its total raised to over $40 million. The financing round was led by new investor Financial Partners Fund (a unit of Citi Capital Advisors), with [...]
Posted on December 9th, 2011 by admin
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Virtualization data management software maker Actifio has raised $33.5 million in a Series C financing round led by Andreessen Horowitz, with previous backers North Bridge Venture Partners, Greylock Partners and Advanced Technology Ventures participating. Founded in 2010, the startup has secured a total of $57.5 million in venture capital funding to date. Actifio bills itself [...]
Posted on December 5th, 2011 by admin
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It’s been only a month since SimpleGeo co-founder Joe Stump left his last company, following its acquisition by Urban Airship, but he’s already launching a new product (and company) today called Sprintly. The company was actually founded in March by Stump’s co-founder Graham Blache, and Stump tells me he’s “been plotting this product for nearly a [...]
Posted on December 4th, 2011 by admin
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GramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing. The funding round was led by Revolution Ventures (which is chaired by AOL founder Steve Case) with participation from Grotech Ventures, TDF and Jubilee Investments. Launched in 2010, GramercyOne offers a product called Booker [...]
Posted on October 21st, 2011 by admin
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Oracle has acquired Endeca, a company that powers enterprise search for large companies. Financial terms of the deal were not disclosed. Endeca has raised a total of $65 million from Bessemer, Venrock, Intel, SAP, Ampersand Capital Partners, DN Capital and Lehman Brothers. Endeca’s core technology enables companies to correlate and analyze unstructured data and provides [...]
Posted on October 18th, 2011 by admin
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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 [...]
Posted on September 5th, 2011 by admin
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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 [...]
Posted on September 1st, 2011 by admin
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6fusion, a provider of cloud infrastructure management software and services, this morning announced that it has raised $7 million in a Series B round of funding led by Grotech Ventures. Previous backer Intersouth Partners also participated in the round. The company provides an end-to-end cloud management platform that enables global workload distribution by turning companies’ [...]
Posted on August 23rd, 2011 by admin
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