battery ventures

With $40 million for AuditBoard’s risk and compliance toolkit, LA’s enterprise startups notch another win

Daniel Kim and Jay Lee, the two founders of AuditBoard, a Los Angeles-based provider of a risk and compliance software service for large businesses, grew up middle school friends in Cerritos, Calif. I

Siemens acquires low-code platform Mendix for $700M

Siemens, the giant German technology company, today announced that it has acquired Mendix, the popular low-code application development platform, for €0.6 billion (or about $700 million). Mendix, wh

Cheq raises $5M for a proactive, AI-driven approach to safe ad placement

While brand safety and fraud prevention have been big topics in the online ad industry over the past couple years, Cheq CEO Guy Tytunovich argued that “first generation solutions for ad verifica

Job hunting service Glassdoor sold to Japan’s Recruit for $1.2 billion

U.S. job hunting service Glassdoor, which is best known for providing insight into company working cultures, has been acquired for $1.2 billion in cash by Recruit, a $39 billion Japanese corporate tha

ServiceTitan is LA’s least likely contender to be the next billion-dollar startup

The city of Glendale, Calif. seems like an unlikely place to grow one of the next billion-dollar startups in the booming Los Angeles tech ecosystem. Located at the southeastern tip of the San Fernando

Battery Ventures ups the ante, raising $1.25 billion across two new funds

Battery Ventures is a 35-year-old, global investment firm that tends to keep its nose down. Its bench of 10 general partners have mostly been operating quietly in the business for many years if not d

Another short-lived, overfunded startup is shutting down: Primary Data

A startup that's operating in stealth mode raises an almost stunning amount of money before it releases a product. Investors write outsized checks to the outfit anyway because of the people involved i

Online lender Earnest sells to Navient, in a disappointing deal for investors

Earnest, a well-funded fintech startup with bold ambitions to create a modern financial institution, is selling to the student-loan company Navient for $155 million in cash. The WSJ was first to repor

Pendo acquires Insert to add mobile apps to its user analytics and engagement platform

Pendo helps businesses understand and assist their customers with tools like analytics, polls and walkthroughs. Until now, however, CEO Todd Olson said the company has been focused on the web (both de

Dataiku to enhance data tools with $28 million investment led by Battery Ventures

Dataiku, a French startup that helps data analysts communicate with data scientists to build more meaningful data applications, announced a significant funding round today. The company scored a $28 mi

JASK emerges from stealth with $12 million and an automated threat detection service

JASK is emerging from stealth today with $12 million in the bank and a machine learning technology that automates network monitoring and management for overtaxed security teams. The thesis behind JASK

Entelo steps up its AI game with $20M Series C 

The race to crown a winner in the AI-powered recruiting software space is on. With both Workey and Mya nabbing rounds in the last few weeks, the timing is prime for a few players to seek advantage in

Discontent and disruption in the world of content delivery networks

As content delivery networks (CDN) market leaders grapple with technological shifts, some innovators are making rapid advances. The CDN market, estimated at $5 billion today, is anticipated to be more

HR and employee benefits platform Hibob raises $17.5M led by U.S.-based Battery Ventures

<a target="_blank" href="http://www.hibob.com/">Hibob</a>, a HR and employee benefits platform for small to medium-sized businesses, has raised $17.5 million in Series A funding. Leading the round is

Accel leads HotelTonight’s $37M Series E

Last minute hotel booking app HotelTonight has closed a $37 million Series E round of funding -- having last raised in early 2014.

Workfit raises $5.5 million seed round to be your AI meeting assistant

Conversational AI is pushing deeper into enterprise with Workfit, a new startup promising to make conference call follow-ups and mid-meeting CRM updates as easy as playing a song or checking the weath

Why the $3.7 billion AppDynamics acquisition happened right before IPO

Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminar

Coupa up 87% in software IPO

Coupa was off to the races when it went public on Thursday. The “spend management” software company priced its IPO at $18 and saw its shares almost double during its first day of trading. With cli

Coupa is the latest unicorn to file for an IPO

It has been a slow year for tech IPOs, but cloud software maker Coupa has publicly filed. This is generally an indication that the company will debut on the stock market in a matter of weeks. The unic

In-app marketing startup Insert raises $10M

Insert is the new startup from the team behind app development company Worklight (which was acquired by IBM for $70 million). Today it’s announcing that it has raised $10 million in Series A fu
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