VC-backed Motivity Labs names new CEO

Motivity Labs, which is backed by Naya Ventures, has hired Manish Tyagi as CEO and named Prabhakar Reddy as president of Motivity Solutions. Both will also join the firm’s board of directors. Based in Irving, Texas and India, Motivity Labs is a provider of mobile, cloud and big data solutions.

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Kleiner Perkins leads $106 mln round in big data company DataStax

DataStax, which provides a big data platform built on Apache Cassandra, has raised a $106 million Series E round of funding in what is likely a pre-IPO round. The round was led by Kleiner Perkins Caufield & Byers. Joining the round are ClearBridge Investments, Cross Creek Advisors, Wasatch Funds, PremjiInvest and Comcast Ventures. The Santa Clara, Calif.-based company has now raised $190 million in total funding, including a $45 million Series D round in July 2013.


Big data analytics firm Guavus fetches $20 mln

Guavus has received $20 million in funding. The investors included Artiman Ventures, Sofinnova Ventures, Intel Capital, SingTel Innov8, Investor Growth Capital, QuestMark Partners and Goldman Sachs. Based in San Mateo, Calif., Guavus is a provider of big data analytics solutions for operational intelligence.


CIT GAP Funds backs CargoSense

CargoSense has received an undisclosed investment from CIT GAP Funds. Based in Reston, Virginia, CargoSense is a big data and analytics SaaS firm.


Andreessen Horowitz funds big data firm Adatao

According to a blog post on its site, Silicon Valley-based big data firm Adatao has raised an undisclosed amount of Series A funding. Andreessen Horowitz led the round with participation from Lightspeed Venture Partners and Bloomberg Beta. In addition to the funding, Peter Levine of Andreessen Horowitz has been added to the company’s board. To read the announcement, visit here.


Splice Machine nets $3 mln Series B

Splice Machine said Wednesday that it has closed an additional $3 million in its Series B funding. The investors were Correlation Ventures, Roger J. Sippl and Roger Bamford. Splice is a developer of a SQL-compliant database for big data applications.


Metanautix racks up $7 mln Series A

Metanautix said Tuesday that it has closed $7 million in Series A funding. The investors included Sequoia Capital, the Stanford University endowment fund and Shiva Shivakumar, former VP of engineering at Google. Based in Palo Alto, Calif., Metanautix is a big data analytics firm.


Automated Insights rakes in $5.5 mln Series B

Automated Insights has raised $5.5 million in Series B funding. Osage Venture Partners led the round with participation from investors that included Samsung Venture Investment Corp., the Associated Press, AOL co-founder Steve Case, Court Square Ventures, OCA Ventures and IDEA Fund Partners. In addition to the funding, David Drahms of Osage Venture Partners and Scott Frederick, chief operating officer of Automated Insights, have joined the company’s board of directors. Based in Durham, North Carolina, Automated Insights produces personalized narrative content from big data.


Fixstream Networks racks up $10 mln Series A

Fixstream Networks has raised $10 million in Series A financing. Tech Mahindra Limited led the round. Based in San Jose, Calif. and India, Fixstream Networks is a provider of a cloud-based software platform focused on big data correlation and analytics.


Beringea backs Big Data Partnership

Big Data Partnership said Thursday that it has closed 1.25 million pounds in Series A funding from Beringea. In conjunction with the funding, Trevor Hope of Beringea has been named to Big Data’s board. Based in London, Big Data Partnership is a big data solutions provider.

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To end your week, First Read has news about activists in San Francisco asking a judge to stop buses transporting evil tech workers from using public bus stops, AstraZeneca rejects increased offer from Pfizer and meet the only Wall St. executive jailed for his part in the financial crisis.


Redpoint Ventures leads $40 mln round for RelateIQ

According to a company spokesperson, RelateIQ has raised $40 million in Series C funding. Redpoint Ventures led the round with participation from Kleiner Perkins Caufield & Byers and return backers Accel Partners and Formation 8. The funding gives the company a more than $200 million valuation. Headquartered in Palo Alto, Calif., RelateIQ is a provider of solutions that improve business relationships.


Platfora nets $38 mln

Platfora said Wednesday that it has raised $38 million in funding. Tenaya Capital led the round with participation from Citi Ventures, Cisco, Allegis Capital, Andreessen Horowitz, Battery Ventures, Sutter Hill Ventures and In-Q-Tel. Based in San Mateo, Calif., Platfora is a provider of big data analytics solutions.

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