Online home decor retailer Wayfair grabs $157 mln

Wayfair said Friday that it has closed $157 million in Series B financing. T. Rowe Price Associates led the round with participation from TripAdvisor CFO Julie M.B. Bradley. Headquartered in Boston, Wayfair is an online retailer of home furnishings and decor. Its backers include Battery Ventures, Spark Capital, HarbourVest Partners and Great Hill Partners.

Mercato Partners invests in Primary Data

Mercato Partners has backed Primary Data, a provider of next-generation software-defined data center technologies. Primary Data recently increased the size of its Series B round and closed on $60 million in financing. In this round, Mercato joins other investors such as Accel Partners, Battery Ventures, Lightspeed Venture Partners and Pelion Venture Partners.

Koru raises $4.35 Million

Education startup Koru has announced $4.35 million in funding. Investors are Maveron, who led the round, Battery Ventures, First Round Capital and a16z seed as well as a small number of individual investors.

Catchpoint closes $6m Series B

Catchpoint Systems has closed a $6 million series B financing round led by existing investor Battery Ventures. The company is a provider of web and infrastructure monitoring solutions.


Gainsight raises $20 mln in funding

Gainsight, which develops customer-focused software, has raised a $20 million Series B round of funding led by Bain Capital Ventures. Existing investors Battery Ventures and Summit Partners also participated in the round. The Mountain View, Calif.-based company has now raised $30 million in total funding. As part of the latest round, Ajay Agarwal, managing director at Bain Capital Ventures, has joined the board.

Israeli data center support company Stratoscale raises $10 mln

Stratoscale announced it has raised $10 million in Series A financing from Battery Ventures and Bessemer Venture Partners. The Herzeliya, Israel-based company develops virtualization technology to improve the performance of large data centers. As part of the funding, Scott Tobin, general partner at Battery Ventures, and Adam Fisher, partner at BVP, have joined the board.

Pursway inks $7.2m from Battery and Globespan

Pursway, an innovator in big data marketing analytics, has closed a $7.2 million round of funding from existing investors, Battery Ventures and Globespan Capital Partners. The new investment will be used to expand the product and sales teams to support the increased demand in data-driven marketing technology.

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