Startups

  • MxHero Grabs $500K To Close Seed Round

    MxHero Grabs $500K To Close Seed Round

    Email has always been a poor file manager and startup MxHero wants to change the way we manage email attachments. To that end, it announced it closed its seed round today with a $500K contribution. Funders include lead investor White Star Capital along with contributors GW Holdings, Esther Dyson, Ari Kushner, Actinic Ventures and a strategic Miami-based investor group they chose not to… Read More

  • Voyat Launches With $1.8M In Seed Funding For Social CRM Tool Aimed At Hotels

    Voyat Launches With $1.8M In Seed Funding For Social CRM Tool Aimed At Hotels

    Voyat, a social CRM tool aimed at the hotel industry, came out of stealth today and announced $1.8M in seed funding from Metamorphic Ventures, Eniac Ventures, BoxGroup and several angel investors, including Brett Crosby, who was co-founder of Google Analytics. Metamorpic Ventures is led by David Hirsch, who worked out of Google’s New York office for 8 years. These Google connections… Read More

  • The Most Important Factor Of Startup Success

    The Most Important Factor Of Startup Success

    Whenever you think of startups, you very likely think of young people brimming with ideas sitting in garages and dorm rooms and solving problems with technology. We are conditioned in a way to consider the idea even over the person who came up with it, but after listening to entrepreneurs, I’ve come to learn, it’s not about the quality of the product idea or even the founders… 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

  • Open Platforms Fuel Startup Ecosystems

    Open Platforms Fuel Startup Ecosystems

    Companies face an inherent tension between being open or proprietary, but we’ve seen, again and again, that open systems can act as catalysts for entirely new businesses built on top of a popular platform. Earlier this month, we encountered examples of each approach, as Tesla Motors opened up its patents and Netflix decided to shut down, or at least severely limit access to its API. (To… Read More

  • TechStars London Demo Day 2014: Meet The 11 Startups (And Our Picks)

    TechStars London Demo Day 2014: Meet The 11 Startups (And Our Picks)

    Today in an old music-hall-turned-arthouse-movie-theatre in the East End of London, TechStars presented its London DemoDay, three months after the group was announced. The startups presenting ran the gamut from B2B to consumer, education to e-commerce and social networking. Only three of the companies presenting were from the UK, with the rest coming from Europe, U.S. and Asia. This is… Read More

  • Okta Scores $75M In Final Round Of Funding; Hopes To Go Public In A Couple Of Years

    Okta Scores $75M In Final Round Of Funding; Hopes To Go Public In A Couple Of Years

    Today, Okta, a company that offers Identity as a Service that works across on-premises applications and cloud services, announced $75M in Series E funding. CEO Todd McKinnon told me he expects this to be the final round of funding prior to going public within a couple of years. The round is being lead by Sequoia Capital. Secondary investors include Andreessen Horowitz, Greylock Partners… Read More

  • Mesosphere Grabs $10M In Series A Funding To Transform Server Management

    Mesosphere Grabs $10M In Series A Funding To Transform Server Management

    Mesosphere, a Silicon Valley startup based on the open source Apache Mesos project, announced $10.5M in Series A funding today. The funding round is led by Andreessen Horowitz with help from Data Collective and Fuel Capital. This follows seed funding a year ago of $2.25M  from Andreessen Horowitz, Kleiner Perkins, Foundation Capital and SV Angel. The company wants to change how companies… Read More

  • ElasticSearch Scores $70M In Series C To Fund Growth Spurt

    ElasticSearch Scores $70M In Series C To Fund Growth Spurt

    ElasticSearch announced $70M in Series C funding today just 18 months after forming the company. Company executives say they will use the money to continue to drive their phenomenal growth. This round is being led by New Enterprise Associates (NEA). Additional funders include Benchmark Capital and Index Ventures. It brings total funding to date to $104M. It’s said when a child… Read More