TrackVia said it raised $7.1 million in a fundraising round led by Longworth Venture Partners and Fairhaven Capital, and joined by Access Venture Partners, Flywheel Ventures, Draper Associates and Allen & Company. The funds will go to expand sales, marketing and engineering operations at the applications development services company.
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TerraLUX, Inc. said it raised Series B funding of $18.3 million in a round led by Generation Investment Management and joined by existing investors Emerald Technology Ventures and Access Venture Partners. Also participating were several private investors as well as founder Anthony Catalano and members of the management team. PRESS RELEASE TerraLUX Closes Series B [...]
Inspirato, Denver-based online service that invites customers to rent high-end luxury homes for varying periods of time, has raised $17.5 million in funding led by Kleiner Perkins Caufield & Byers. Since its June 2010 founding, the company has raised $33.5 million, including from Access Venture Partners and New York Yankee’s first baseman MarkTeixeira. PRESS RELEASE: [...]
Alert Logic, a provider of on-demand security-as-a-service technology, has closed on $12.6 million in Series E financing. Existing investors Updata Partners, Covera Ventures, DFJ Mercury and Access Venture Partners all contributed to the round, along with several members of the company’s management team. The company will use the fresh capital to expand its sales efforts, and broaden its products and services. Alert Logic is based in Houston and was formed in 2002.
LogRhythm has inked $10 million in Series C financing. Adams Street Partners joined existing investors Access Venture Partners, Colorado Fund I, Croghan Investments and Grotech Ventures in the round. The company plans to use the money to for international expansion, to bolster product development and build out its service and support infrastructure.
Storage provider NexGen Storage has raised an undisclosed amount of financing from Grotech Ventures and Access Venture Partners. Grotech led the Series A round, which will help the company expand its team and bolster development. Louisville, Colo.-based NexGen develops storage area network solutions for virtual server environments.
Boulder, Colo.-based Giveo has raised $1.5 million for its cause-marketing software. Westminster, Colo.-based Access Venture Partners led the Series A round, with participation from Vienna, Va.-based Grotech Partners, Houston-based Sentinel Trust and unnamed private investors. Giveo’s marketing software is designed to help organizations promote various causes and campaigns, and also measure their effectiveness.