SurDoc is doing what Adobe has sort of done with its PDF file format, which is make it as easy as possible to share formatted documents across computers and mobile devices without losing the formatting. The difference it offers is that you don’t need to mess with any file formating or PDF reader to access [...]
Posted on December 22nd, 2011 by admin
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Cyber-Ark Software, which provides identity management solutions to financial institutions and other enterprise customers worldwide, has raised a healthy $40 million in venture capital funding in a round led by Goldman Sachs and Jerusalem Venture Partners (JVP). Founded in 1999, Cyber-Ark had previously raised $25 million from angel investors and VCs. The company provides information [...]
Posted on December 21st, 2011 by admin
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Silicon Valley-based database infrastructure software maker ScaleArc has secured $5.33 million in its second round of institutional funding, which was led by Trinity Ventures, with earlier backer Nexus Venture Partners participating. In addition, ScaleArc announced the appointment of Justin Barney, who previously ran sales divisions at companies like Citrix and Juniper Networks, as president and [...]
Posted on December 20th, 2011 by admin
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BestVendor, which aims to create an online resource where business professionals can exchange recommendations for work-related software and services, has raised $3 million in Series A funding. The financing round was co-led by RRE Ventures and SoftBank Capital, with previous backer Lerer Ventures, Founder Collective’s David Frankel, David Tisch (who heads TechStars NYC), and Old [...]
Posted on December 20th, 2011 by admin
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PowerCloud Systems, a spin-out of Palo Alto Research Center (PARC) that offers a ‘networking-as-a-service’ platform for OEMs and service providers, has raised $6 million in Series B funding in a round led by Qualcomm Ventures, with prior backers Walden Venture Capital, Javelin Venture Partners and PARC participating. The capital will be used to enhance the [...]
Posted on December 15th, 2011 by admin
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Database virtualization startup Xeround has raised $9.3 million in Series C funding Benchmark Capital, Giza Venture Capital, Ignition Partners and Trilogy Partnership. This brings the startup’s total funding to over $30 million. Xeround offers a cloud database-as-a-service for MySQL-based applications. Currently the service is offered for EC2 MySQL databases, as well as Rackspace-MySQL and Heroku-MySQL [...]
Posted on December 14th, 2011 by admin
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Cambridge, UK-based ip.access, which offers femtocell and picocell solutions to mobile operators worldwide, has raised $15 million in new funding from some of its previous investors. The financing round comes from Intel Capital, Cisco, Qualcomm, Amadeus Capital Partners, Rothschild & Cie Gestion, Scottish Equity Partners and TE Connectivity. ip.access CEO Simon Brown says the capital [...]
Posted on December 14th, 2011 by admin
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Cloud emailing service provider Mailjet has raised 180,000 euros from Brussels-based eFounders, an earlier backer. Obviously, that’s not an enormous fundraising round, but Mailjet is an interesting company solving a real problem and challenging more established, venture capital-backed rivals like SendGrid and Mailgun, so let’s take a closer look. Read more at TechCrunch Europe. Tweet [...]
Posted on December 11th, 2011 by admin
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uTest, which provides software developers with a variety of testing services for their Web, desktop and mobile applications, has raised $17 million in Series D funding in a round led by QuestMark Partners. The new capital will be used to launch new tools to aid developers, and to open more offices in the United States [...]
Posted on December 7th, 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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