INRIX Appoints Former Microsoft CFO to Board

INRIX, an international provider of traffic information and driver services has elected John Connors to its board of directors. Connors is a partner at Ignition Partners and former chief financial officer of Microsoft Corporation.

Avanade to Acquire Azaleos Corporation

Business technology solutions provider Avanade is to acquire Azaleos Corporation, headquartered in Seattle. Azaleos is a Microsoft Exchange and messaging company backed by Ignition Partners and Second Avenue Partners.

Continuuity Raises $10m Series A

Continuuity has secured a $10 million Series A funding round. Battery Ventures and Ignition Partners led the round, and were joined by returning and new investors Andreessen Horowitz, Data Collective and Amplify Partners.

Former XenSource Vets Launch Convergent-io, Raises Series A from Andreessen Horowitz

Cloud computing startup Convergent-io announced it raised a $10 million Series A round from Andreessen Horowitz. The startup–which was founded by veterans of XenSource, which was bought by Citrix five years ago–develops cloud-based storage infrastructure. Peter Levine, general partner of Andreessen Horowitz, has joined the board. The company reportedly raised a $1.2 million seed-stage round of […]

Xamarin Raises $12M From Charles River, Ignition, Floodgate: CORRECTED

Xamarin said it raised $12 million in a Series A financing from Charles River Ventures, Ignition Partners, and Floodgate. The development tools company will use the funds for product expansion and to build a sales and marketing team. PRESS RELEASE Xamarin Raises $12M to Help Businesses Address Mobile Developer Shortage  Company’s platform already enables 150,000 […]

Hipmunk Takes Off with $15M Series B

Online travel site Hipmunk announced on its blog today that it has raised $15 million in Series B funding. The round was led by  Institutional Venture Partners and includes Series A investor Ignition Partners. Hipmunk was founded in September 2010 by Adam Goldstein and Steve Huffman, founder of reddit, (which was acquired by Conde Nast in […]

Zenprise Appoints President and CEO

Zenprise, a secure mobile device management provider, has appointed Amit Pandey as president and chief executive officer, effective immediately. The company raised $30 million growth financing in October last year. The round, led by Greylock Partners, also included participation from existing shareholders Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures. PRESS RELEASE […]

Splunk Prices I.P.O. Between $8-$15 per Share

Splunk Inc., which makes software that collects and indexes data, said it expects its initial public offering of 13.5 million shares to be priced between $8 and $10 apiece, Reuters reported. In a filing with the U.S. Securities and Exchange Commission, the company said it plans to sell about 12.5 million shares, with its selling […]

Opscode Raises $19.5M Series C – CORRECTED

Enterprise software start-up Opscode has closed $19.5 million in Series C Funding, led by John Connors at Ignition Partners, along with Battery Ventures and Draper Fisher Jurvetson. Opscode is based in Seattle. PRESS RELEASE Opscode Announces $19.5m Funding, Hiring, Community Growth, and #ChefConf We’ve made several big announcements this morning… slightly ahead of schedule. You […]

Spoken Communications Inks $11.5M Series B

Spoken Communications, provider of an enterprise cloud platform for contact centers, has completed its Series B round of financing, it announced Tuesday. The round includes the issuance of preferred stock totaling $11.5 million led by Ignition Capital and includes participation from Ignition Partners. PRESS RELEASE Spoken Communications, provider of a leading enterprise cloud platform for […]

Slideshow: Bring on the 2012 IPO Candidates

The market for venture-backed IPOs has been pretty dead so far this year. But based on new filing activity, it looks like there’s some optimism things will improve. At least six venture-backed companies have filed to go public since the start of the year, in sectors ranging from enterprise software to semiconductors to car rentals. […]

Symplified Seals $20M Series C

Ignition Partners led a $20 million Series C round for cloud identity technology company Symplified. As a result, Cameron Myhrvold of Ignition Partners has joined its board of directors. Existing investors Allegis Capital, Granite Ventures and Quest Software also participated in the financing, which brings the company’s total funding to $38.8 million.

Flash-Based Storage Startup WhipTail Lands Series B

WhipTail, a Whippany, N.J.-based flash based storage company, has raised a Series B round of funding led by RRE Ventures. Ignition Partners and Spring Mountain Capital also participated in the round, the amount of which was not disclosed. PRESS RELEASE: Today WhipTail, maker of the world’s first and most widely deployed all-flash enterprise class storage […]

Splunk Files for $125M I.P.O.

San Francisco-based data analytics company Splunk Inc. has filed with regulators to raise up to $125 million in an initial public offering, Reuters reported Friday. The company, which has raised money from August Capital, Ignition Partners, JK&B Capital and Sevin Rosen Funds, said it will use proceeds from the IPO for acquisitions and technology investments. In a preliminary prospectus, the company said that Morgan Stanley, Credit Suisse, J.P. Morgan and BofA Merrill Lynch were lead underwriters to the IPO, Reuters wrote.

Flotype Raises $1.4M From Andreessen Horowitz, Ignition, Others

Flotype has raised $1.4 million in seed funding from Andreessen Horowitz, Ignition Partners, Yuri Milner, and Y Combinator, according to news reports posted on the company’s Web site. Below is a story from GeekWire. NEWS STORY Flotype raises cash from Ignition, Salesforce and others to help coders build applications faster Flotype, a cloud startup led […]

Keas Seals $6.5M

San Francisco-based Keas, maker of a social game designed to promote healthy living, has raised $6.5 million in Series B financing. Atlas Venture and Ignition Partners co-led the round. The company will use the funds to expand, bolstering its sales and marketing efforts.

Xeround Closes Series C

Cloud database company Xeround, has closed $9 million in a Series C round of financing led by current investors including Benchmark Capital, Giza Venture Capital, Ignition Partners and Trilogy Partnership. The company is based in Mountain View, California with research and development in Israel. PRESS RELEASE Xeround, the Cloud Database Company, today announced that they […]

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