funding

  • Kik Raises $50M From Tencent To Become The “WeChat Of The West”

    Kik Raises $50M From Tencent To Become The “WeChat Of The West”

    Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). This funding puts Kik’s total at $120.5M. The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston… Read More

  • Storage Vendor Tintri Lands $125M Round With Eye Toward IPO

    Storage Vendor Tintri Lands $125M Round With Eye Toward IPO

    Tintri, a company that develops storage solutions for virtual applications, announced a $125 million round today. The company also indicated the next logical step is probably going to be an IPO in the first half of 2016 if market conditions are right. The round was led by Silver Lake Kraftwerk. Existing investors Insight Venture Partners, Lightspeed Ventures, Menlo Ventures and NEA also… Read More

  • Main Street Hub Snags $25M Investment For Small Biz Marketing Platform

    Main Street Hub Snags $25M Investment For Small Biz Marketing Platform

    Main Street Hub, the Austin-based marketing platform for small business, announced a $25 million Series C equity round today. The funding, led by Vista Equity Partners, follows a $20 million debt round last February and brings the total raised to $65 million. Main Street Hub wants to be the one-stop marketing arm for small business, giving the mom and pop store access to the power of the… Read More

  • OKCupid Founders Get $10.8M To Build A Kinder, Gentler Public Key Encryption Tool

    OKCupid Founders Get $10.8M To Build A Kinder, Gentler Public Key Encryption Tool

    What do you for an encore after you founded and sold OKCupid? Well you tackle public-key encryption, of course. Keybase was the result, and the company announced a $10.8 million Series A investment today led by Andreessen Horowitz. While it may not seem like a logical next move, co-founders Max Krohn and Chris Coyne were considering what to do after they left OKCupid in 2013. They decided… Read More

  • Security Company CrowdStrike Scores $100M Led By Google Capital

    Security Company CrowdStrike Scores $100M Led By Google Capital

    If you need proof that security is a red hot market these days, how about this morning’s announcement that cybersecurity company CrowdStrike landed a $100 million Series C investment round? The round was led by Google Capital with Rackspace, which happens to be one of the company’s customers also investing. Existing investors Accel and Warburg Pincus also participated. Read More

  • HackerOne Bags $25M As Security Info Sharing Mainstreams

    HackerOne Bags $25M As Security Info Sharing Mainstreams

    HackerOne, makers of a bug bounty platform where companies pay hackers to find vulnerabilities in their products, announced a $25 million Series B round today. The round was led by NEA. Benchmark, its lead Series A investor, also participated along with several prominent individual investors including Salesforce.com CEO Marc Benioff, Digital Sky Technologies Partner Yuri Milner, Dropbox… Read More

  • Zuora $115M Investment Round Validates Subscription Approach

    Zuora $115M Investment Round Validates Subscription Approach

    Zuora, the company that helps customers manage their subscription models, today announced a massive $115M funding round involving not just Silicon Valley venture capitalists, but also public market investors. Those public market names include Wellington Management Company LLP and Blackrock Inc, as well as Premji and Passport Capital. Existing investors Benchmark Capital, Greylock Partners… Read More

  • The 8 Largest Weed Startup Funding Rounds

    The industry for legal marijuana is developing quickly – and VC funding is there to back up the cannabis startups that show the most promise. Read More

  • Salesforce Ventures Leads $41M Apttus Investment

    Salesforce Ventures Leads $41M Apttus Investment

    Apttus, a company that helps customers manage the second half of the sales cycle involving quotes, contracts, and collecting the money, announced $41M in Series B funding today. The investment was led by Salesforce Ventures, the investment arm of Salesforce.com. It’s worth noting that it’s the largest investment ever in a company that Salesforce wasn’t buying outright… Read More

  • Investors Throw Datadog A $31M Bone

    Investors Throw Datadog A $31M Bone

    Datadog, a cloud service that helps customers monitor infrastructure and software, whether all in the cloud or a hybrid on-premises-cloud environment, announced $31M in Series C funding today. The round was led by Index Ventures with help from RTP Ventures, OpenView Venture Partners and what they referred to as “other equity holders.” Index and OpenView helped fund the Series… Read More