funding

  • 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

  • Lookout Lands $150M To Bring Mobile Security Product To Enterprise

    Lookout Lands $150M To Bring Mobile Security Product To Enterprise

    Lookout, a mobile security product that to this point has been mostly geared towards consumers, announced today they had snagged $150M in Series F funding to begin focusing on enterprise customers. The round was led by investment funds managed by T. Rowe Price Associates, Inc., and includes participation from new investors Morgan Stanley Investment Management, Wellington Management Company… Read More

  • Vogogo Raises $8.5 Million To Bring Crypto Payments To The US, EU

    Vogogo Raises $8.5 Million To Bring Crypto Payments To The US, EU

    Vogogo isn’t a new company. The payments processor has been around for about 13 years and is currently processing $75 million in payments in the last 10 months from their Calgary headquarters. Now they’ve raised $8.5 million to help bring their expertise in payments and cryptocurrency to the U.S. Cormark Securities Inc. led the round which included Salman Partners Inc., Clarus… Read More

  • Druva Lands $25M In Series D Funding To Expand Mobile Data Protection Strategy

    Druva Lands $25M In Series D Funding To Expand Mobile Data Protection Strategy

    Druva, a cloud backup, data protection and governance tool, announced $25M in Series D funding today led by Sequoia Capital with Nexus Venture Partners and Tenaya Capital also contributing. The round comes just 10 months after completing their Series C round and brings their total funding to date to $92M. In a crowded online backup field, CEO Jaspreet Singh, says they have differentiated… Read More

  • PagerDuty Lands $27.2M In Series B To Simplify IT Incident Management

    PagerDuty Lands $27.2M In Series B To Simplify IT Incident Management

    PagerDuty, a 5-year old IT incidents management startup, announced $27.2M in Series B funding today led by Bessemer Venture Partners with help from early round investors Andreessen Horowitz and Baseline Metal. The Series B money brings the total money raised to date to $39.8M. As part of the deal, Trevor Oelschig, a partner at Bessemer Venture Partners, will join PagerDuty’s board… Read More

  • Samsung Backs GamePop As BlueStacks Adds $13M In New Funding

    Samsung Backs GamePop As BlueStacks Adds $13M In New Funding

    Samsung’s venture arm has contributed to a round of funding that adds $13 million to the total raised by BlueStacks, the virtualization startup that debuted its GamePop platform earlier this year to offer over-the-top mobile gaming for living room and TVs. Samsung’s investment backs the company’s vision of delivering GamePop as a white-label solution aimed at TV makers and… Read More

  • Luminoso Lands $6.5M In Series A To Keep Building Cloud Text Analytics Service

    Luminoso Lands $6.5M In Series A To Keep Building Cloud Text Analytics Service

    Luminoso, a Cambridge, MA-based text analytics company announced $6.5M in Series A funding today, led by Acadia Woods with Digital Garage also participating. That brings their total funds raised to $8M. Luminoso was born out of research at the MIT Media Labs and spun off in 2010. After getting their seed funding in 2012, they have continued to develop the product, which provides text analytics… Read More

  • Databricks Snags $33M In Series B And Debuts Cloud Platform For Processing Big Data

    Databricks Snags $33M In Series B And Debuts Cloud Platform For Processing Big Data

    Databricks, the commercial entity created by the developers of the open source Apache Spark project, announced $33M in Series B funding today and the launch of a new cloud product, their first one as a company. There is little doubt that big data is a big deal these days and companies are popping up to help customers process the data. Databricks hopes to simplify the entire matter by moving it… Read More

  • Hardware Battlefield Finalist CubeSensors Raises A $700,000 Seed Round In Bitcoin

    Bitcoins are everywhere these days! CubeSensors, a Slovenian hardware startup that is making mini environmental sensors for homes, has just received a $700,000 seed round from the founders of BTC payments platform, Bitstamp. The cash came in the form of crypto currency. In addition to the funding, the company is also selling their Cubes for bitcoin in addition to fiat currency, which is a… Read More