Numecent, a stealth startup building a patented “cloudpaging” technology, just raised $2 million in Series A funding from undisclosed corporate investors. The $2 million tranche is a part of a larger $10 million funding round, and is in addition to the $7.5 million in seed funding the company has already raised from private investors. Exact [...]
Posted on February 1st, 2012 by admin
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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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Mykonos (the security software company, not the lovely Greek island) has secured $4 million in a Series A funding round led by previous backer Tom Golisano, founder and chairman of Paychex. New investors include Ironport founder Scott Banister, Jeff Clarke (executive chairman of Travelport, chairman of Orbitz and board member of Red Hat) and Mike [...]
Posted on January 24th, 2012 by admin
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Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor. Weather II is a strategic shareholder in telecommunications [...]
Posted on January 24th, 2012 by admin
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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 [...]
Posted on January 21st, 2012 by admin
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Kwaga, a Paris, France-based startup that specializes in tools to make email ‘smarter’ by leveraging semantic technology, has raised $1.55 million in Series A funding. The company, which received seed funding from Seedcamp and Kima Ventures after its founding in 2008, raised the money from unnamed private investors. Read more at TechCrunch Europe. Tweet This [...]
Posted on January 12th, 2012 by admin
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Every business seems to want its own mobile software, and now Pyxis Mobile is transforming to help companies build apps for themselves. Previously, Pyxis created apps for enterprise financial services companies, but today pivots to offer its app development platform directly to clients. The company has rebranded itself as Verivo Software, and taken a $17 million [...]
Posted on January 10th, 2012 by admin
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Exclusive – I first learned about hosted business intelligence software startup RJMetrics a few weeks ago, when Fab.com founder Jason Goldberg wrote how he made creative use of their software suite for his latest fundraising round; in fact he said he liked it so much he asked to invest in the company. Fast forward to [...]
Posted on January 8th, 2012 by admin
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Big consumer brands generate all sorts of consumer interest and expertise, but they’ve generally struggled to capitalize on these relationships to improve themselves. Lithium has been building itself into a market leader at solving this problem over the last ten years, offering white-label community sites and related products that allow brands to let users share [...]
Posted on January 7th, 2012 by admin
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Mu Sigma, a provider of analytics and data-driven decision support services for enterprise customers, has raised $108 million in funding in a round led by growth equity firm General Atlantic. The financing comes about half a year after Mu Sigma raised $25 million from Sequoia Capital, which also participated in this round. Headquartered in Chicago [...]
Posted on December 29th, 2011 by admin
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