funding

  • CipherCloud Scores $50M As Cloud Security Comes To Forefront

    CipherCloud Scores $50M As Cloud Security Comes To Forefront

    CipherCloud landed a bushel of cash today as it announced $50M in Series B funding to continue building its cloud security business. The round was led by Transamerica Ventures along with Delta Partners and existing investors Andreessen Horowitz and T-Ventures, the venture capital arm of Deutsche Telekom also pitching in. When I asked CipherCloud executives why they thought they were… Read More

  • Veradocs Scores $14M To Help Secure Documents Across File Sharing Services

    Veradocs Scores $14M To Help Secure Documents Across File Sharing Services

    Veradocs, a new data security company that purports to protect data and documents across services wherever they go, announced $14M in Series A funding today. The round is led by Battery Ventures with additional funding from Amplify Partners and angel investors, including Nick Mehta, CEO of Gainsight. The company also announced that Robin Daniels, who was formerly the head of enterprise… Read More

  • UpWest Labs Nurtures Promising Israeli Startups In Silicon Valley

    UpWest Labs Nurtures Promising Israeli Startups In Silicon Valley

    UpWest Labs was founded in 2012  with a simple idea. Israel has tons of startup talent, but much of the funding is in the U.S. The founders decided to put the two together and bring a small group of promising Israeli entrepreneurs to the U.S. for four months to meet customers, partners and investors. Today marks the 8th graduating class. Today’s graduating group is comprised of 7… Read More

  • Coca-Cola Hopes Its Startup Incubator Is The Real Thing

    Coca-Cola Hopes Its Startup Incubator Is The Real Thing

    Suddenly major brands are looking to get into the startup funding game, whether we’re talking GE, Yammer or even non-tech brands like McDonald’s. Coca-Cola is another consumer brand looking for an edge by funding new startups. Coke isn’t doing it for pure investment purposes necessarily, but because they believe lean startups can give them the creativity, agility and speed… Read More

  • BigPanda Wants To Bring Order To IT Alerts Madness

    BigPanda Wants To Bring Order To IT Alerts Madness

    Today we have monitoring tools generating logs and logs of data flowing into our data centers, letting us know everything that’s happening down to a detailed level. That’s a good thing, right? Not necessarily, because the more information we need to sift through, the more overwhelming it becomes and the more impossible it becomes for humans to track. BigPanda asserts that it can… Read More

  • 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

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