funding

  • Snowflake Computing Emerges From Stealth With $26M In Funding To Modernize The Data Warehouse

    Snowflake Computing Emerges From Stealth With $26M In Funding To Modernize The Data Warehouse

    Snowflake Computing came out of stealth today and announced $26M in Series B funding. They hope to modernize the data warehouse by creating a cloud-based system that can process both structured and semi-structured data in a single system, giving their customers what they believe to be the best of both worlds. The funding is led by Redpoint Ventures along with Sutter Hill Ventures and… Read More

  • Mirantis Scores $100M To Continue Quest To Be Enterprise OpenStack Leader

    Mirantis Scores $100M To Continue Quest To Be Enterprise OpenStack Leader

    Mirantis jumped on the OpenStack bandwagon a few years ago when most companies had never heard of it, and it has ridden the wave as the project has grown increasingly popular with each passing year. Today, the company announced $100M in Series B funding to continue its quest to be the leader in enterprise OpenStack, a chunk of change that should help it keep marching forward. It’s… Read More

  • Former Netezza Team Reunites And Lands $8M To Solve Today’s Big Data Problem

    Former Netezza Team Reunites And Lands $8M To Solve Today’s Big Data Problem

    In 2000, some companies had big data problems before the concept we know today even existed. Back in those days, these organizations used a concept called the data warehouse to deal with large amounts of data, and a company called Netezza formed to build an appliance to simplify data warehousing. The company was sold in 2010 to IBM for a cool $1.7B, but they have decided to get the band… Read More

  • Wayfair and HubSpot IPOs Could Be Just The Beginning For Boston Startup Scene

    Wayfair and HubSpot IPOs Could Be Just The Beginning For Boston Startup Scene

    While Silicon Valley firms hold back on their IPOs and there’s hand-wringing over burn rates, two Boston-based startups had highly successful IPOs less than a week apart. Just over a week ago, furniture shopping service Wayfair went public and raised over $300M in its IPO, then HubSpot had a successful IPO of its own a week later. I think it’s safe to say the Boston startup scene… Read More

  • Zoomdata Scores $17M To Help Update the Business Intelligence Market

    Zoomdata Scores $17M To Help Update the Business Intelligence Market

    Business Intelligence is a highly mature market that’s been altered once before, but new-comer Zoomdata wants to disrupt the space one more time –and they got $17M in Series B funding today to continue their quest. The round is led by by Accel Partners with help from NEA, Columbus Nova Technology Partners, Razor’s Edge Ventures and B7. It follows their Series A round of… Read More

  • Alteryx Lands $60M To Boost Data Analytics App-Building Platform

    Alteryx Lands $60M To Boost Data Analytics App-Building Platform

    Alteryx, a company that has been providing a way to build analytical apps from a variety data sources via a workflow interface, got a big boost in funding today, announcing a $60M Series B round. The round was led by Insight Venture Partners with participation from existing investors SAP Ventures and Toba Capital. Their most recent round prior to this was $12M Series in May, 2013. The… Read More

  • Houzz Raises $165M Series D Funding Round Led By Sequoia To Fuel International Expansion

    Houzz Raises $165M Series D Funding Round Led By Sequoia To Fuel International Expansion

    Houzz, the fast-growing home-remodeling site, today announced that it has raised a $165 million Series D round led by Sequoia Capital, one of its early backers. Existing investors Oren Zeev, New Enterprise Associates, GGV Capital and Kleiner Perkins Caufield & Byers also participated in this massive round, as well as new investors DST Global and T. Rowe Price. As Houzz co-founder and CEO… Read More

  • StackEngine Emerges From Stealth, Adds Operational Layer To Docker

    StackEngine Emerges From Stealth, Adds Operational Layer To Docker

    StackEngine, a startup out of Austin, TX, emerged from stealth today with $1M in seed funding and a product that gives operations and IT staff a way to manage Docker containers, providing the operations side of the house some control over Docker instances. Docker’s rapidly growing popularity didn’t escape the attention of company founders Bob Quillin and Eric Anderson, both of… Read More

  • Andreessen Goes On Tweet Storm About Burn Rates, Says To Worry

    In one of his famous “tweet storms,” Marc Andreessen from Andreessen Horowitz went to town on burn rates. He was reacting to Bill Gurley’s comments from last week –and Andreessen is worried too. He sees companies overspending, especially on fancy buildings and big staffs that make them look successful, but are just basically paper facades. And Andreessen expects some… Read More

  • The Long Fall

    The Long Fall

    Why would the fun stop? Despite the economy of the United States posting anemic growth in the aftermath of the 2007-8 economic crisis, its stock markets are trading near record highs in some cases, and local maximums in others. Money is cheap, companies are flush with cash, job growth has somewhat picked up after a host of setbacks, and there are signs here and there of a stiffening… Read More

  • When The Funding Bubble Bursts It Doesn’t Have To Mean Disaster

    When The Funding Bubble Bursts It Doesn’t Have To Mean Disaster

    Hold tight. Wait till the party’s over
    Hold tight. We’re in for nasty weather
    ~Talking Heads, Burning Down The House One law of economic physics always holds true: what goes up must come down. Last week, my pal Alex Wilhelm pointed out that winter’s coming to Silicon Valley, not in the form of snow of course, but metaphorically. He was reacting to Bill Gurley’s… Read More

  • Docker’s So Hot It Just Got $40M It Won’t Start Spending Until Next Year

    Docker’s So Hot It Just Got $40M It Won’t Start Spending Until Next Year

    How hot is Docker? So hot it’s getting money from VCs it doesn’t even really need right now. The company announced $40M in funding today, but CEO Ben Golub says they won’t actually start spending the new funds until at least late next year. In fact, the company runs so lean, it is only just now dipping into the $15M it got at the beginning of this year, but when funders offer… Read More

  • Fastly Growing Quickly Snags $40M As VCs Give Generously

    Fastly Growing Quickly Snags $40M As VCs Give Generously

    Fastly, a fast-growing content delivery network, snagged $40M in Series C funding today. The round was led by August Capital with previous investors Battery Ventures, O’Reilly AlphaTech Ventures and Amplify Partners also participating along with new investor IDG Ventures. The investment brings the total raised to date to $54M. Company CEO and founder Artur Bergman says they set out… Read More

  • Cloudyn Scores $4M As Cloud Administrative Services Continue To Grow

    Cloudyn Scores $4M As Cloud Administrative Services Continue To Grow

    Cloudyn, a cloud administrative service that helps companies monitor and optimize cloud utilization and cost across different infrastructure providers, announced today it had received $4M in Series A funding led by Titanium Investments with additional funding from existing investor RDSeed. The funding brings the total amount raised to date to $5.5M. As a condition of the… Read More

  • DataStax Lands $106M In Series E Funding

    DataStax Lands $106M In Series E Funding

    DataStax, the commercial face of the open source Apache Cassandra database, announced $106M in Series E Funding, bringing their total to date to over $190M in funding. Today’s round was led by Kleiner, Perkins, Caufield & Byers with additional investors including ClearBridge, Cross Creek and Wasatch, PremjiInvest and Comcast Ventures. Existing investors including Lightspeed… Read More

  • 3DHubs Raises $4.5 Million To Make Local 3D Printing Global

    3DHubs, a 3D printer matching service, has raised a $4.5 million Series A to help bring their local 3D printing system to the world. The service, which allows you to find and order 3D prints from printers in your area, is similar to other services like MakeXYZ and 3DLt but is already available overseas. Founded by former 3D Systems employees Brian Garret and Bram de Zwart, the site was one of… Read More

  • Nutanix Lands $140M On $2B+ Valuation, IPO Could Be Next

    Nutanix Lands $140M On $2B+ Valuation, IPO Could Be Next

    Nutanix, a five-year old converged infrastructure provider, announced $140M in Series E funding today, based on a whopping $2B+ valuation. The funding comes from the two biggest Boston public market investors, which chose to remain nameless (but Boston isn’t that big so we’re probably talking Wellington Management and Fidelity). The company most recently scored $101M in January… Read More

  • Fancred Gets $3M To Continue Building Social Network Just For Sports Fans

    Fancred Gets $3M To Continue Building Social Network Just For Sports Fans

    As a big sports fan, I know fans love their teams with an unbridled passion and they may drive their friends who don’t share their view a little crazy by filling their social feeds with commentary on the latest game. For like-minded fans, this is great fun, but for your other friends, not so much. What if you could engage with just your sports-fan friends in a social network just for you? Read More

  • Put Your Customers First Or Perish, Seriously

    Put Your Customers First Or Perish, Seriously

    Business today has entered a twilight zone of sorts where what you used to know doesn’t really apply any more. From the firewall mentality in IT to traditional marketing and advertising approaches in marketing to the way you run your customer service desk — it’s all changing because of the digital transformation happening all around us. And you have to change too by… Read More

  • ScriptRock Scores $8.7M In Funding According To SEC Filing

    ScriptRock Scores $8.7M In Funding According To SEC Filing

    IT DevOps monitoring company ScriptRock has recently received 8.7 maillion in venture funding, according to an SEC filing. As part of the deal, it appears that Australian VC Hamish Hawthorne is listed as a director, which usually indicates that his firm ATP Innovations led the round. ATP Innovations hasn’t replied to a request for comment, nor has ScriptRock replied to multiple attempts… Read More

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