130 Views

Electric Imp scores $15 mln Series B

Electric Imp said Wednesday that it has secured $15 million in Series B funding. The investors were Foxconn Technology Group, PTI Ventures, Rampart Capital, Redpoint Ventures and Hugo Fiennes, CEO and co-founder of Electric Imp. Based in Los Altos, Calif. and Cambridge, England, Electric Imp is a platform that connects devices to the internet.

270 Views

Axial racks up $11 mln Series B

Axial said Tuesday that it has secured $11 million in Series B funding. Comcast Ventures led the round with participation from previous backers Redpoint Ventures and First Round. Headquartered in New York City, Axial is a professional network comprised of members who run, advise and fund private firms.

140 Views

Redpoint backs cloud company Platform9

Platform9, founded by a group of virtualization experts who previously were with VMware, announced that it has raised $4.5 million in Series A funding from Redpoint Ventures. The Sunnyvale, California-based company, which provides datacenter management technology, also came out of stealth mode today. As part of the funding, Redpoint Ventures Partner Satish Dharmaraj has joined the board.

Wing Venture leads Series B funding of Moogsoft

Moogsoft, which provides service assurance software to help companies detect anomalies in online traffic, announced it has raised $11.3 million in Series B funding. Wing Venture Capital, a new investor, led the round, which also included returning investor Redpoint Ventures. The San Francisco-based company has now raised about $18 million in total funding. As part of the latest round, Peter Wagner, founding partner of Wing Venture Capital, has joined the board.

131 Views

Intent Media nets $22.7 mln Series C

Intent Media said Monday that it has raised $22.7 million in Series C financing. Insight Venture Partners led the round with participation from previous backers Matrix Partners and Redpoint Ventures. In conjunction with the funding, Bradley Twohig of Insight Venture Partners has been added to Intent Media’s board. Based in New York, Intent Media is a provider of intelligent advertising solutions for travel firms.

119 Views

Job-matching platform Jobr rakes in $2 mln

According to a blog post on its site, Jobr, a job-matching platform, has raised $2 million in seed funding. The investors included Lerer Ventures, Redpoint Ventures, Eniac Ventures, Lowercase Capital, The Hive, Tekton Ventures, Structure Capital, Tim Draper and Fabrice Grinda. Also, the firm has named Ellen Levy, who is also investing in Jobr, as an advisor. To read further details about the funding, visit here.

167 Views

Salesforce.com to buy VC-backed RelateIQ

According to an announcement on its site, RelateIQ will be acquired by Salesforce.com. No financial terms were disclosed. Headquartered in Palo Alto, Calif., RelateIQ is a provider of solutions that improve business relationships. Its backers include Redpoint Ventures, Kleiner Perkins Caufield & Byers, Accel Partners and Formation 8. To read the post, visit here.

156 Views

MapR Technologies scores $110 mln

MapR Technologies, a Hadoop technology company based in San Jose, Calif., has closed $110 million in financing. Google Capital led the round with participation from Qualcomm Ventures, Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures. In addition to the equity financing, MapR has raised $30 million in debt financing led by Silicon Valley Bank.

Tastemade snags $25 mln Series C

Santa Monica, Calif.-based digital media startup Tastemade said Thursday that it has raised $25 million in Series C funding. Scripps Networks Interactive led the round with participation from Liberty Media, Redpoint Ventures, Raine Ventures and Comcast Ventures.

117 Views

Bitcoin security platform BitGo snags $12 mln Series A

Silicon Valley-based bitcoin security platform BitGo said Monday that it has secured $12 million in Series A financing. Redpoint Ventures led the round with participation from investors that included Bridgescale Partners, Radar Partners, Founders Fund, Bitcoin Opportunity Corp., Liberty City Ventures, Crypto Currency Partners and Ashton Kutcher and Guy Oseary’s venture fund A-Grade Investments. In addition to the funding, Jeff Brody, founding partner of Redpoint, and Stratton Sclavos of Radar Partners, have been added to BitGo’s board of directors.

True(X) Media grabs $6 mln

According to a company spokesperson, True(X) Media has received an additional $6 million in financing from its previous backers Pinnacle Ventures, Norwest Venture Partners, Jafco Ventures and Redpoint Ventures. In addition to the funding, the firm has named James Murdoch, Mich Mathews and Jon Miller to its board of directors. True(X) Media is an engagement advertising platform.

177 Views

VC-backed Homejoy buys Get Maid

Home services platform Homejoy said Thursday that it has acquired Get Maid. No financial terms were disclosed. Based in New York, Get Maid is an on-demand maid service. Homejoy’s backers include Google Ventures, Redpoint Ventures, Fuel Capital, First Round Capital and Max Levchin.

127 Views

Wochit picks up $11 mln

Wochit said Monday that it has raised $11 million in funding. Marker led the round with participation from previous backers Cedar Fund, Greycroft Partners and Redpoint Ventures. Headquartered in New York City, Wochit is a cloud-based video creation platform.

112 Views

Igneous Systems garners $23.6 mln Series A funds

Igneous Systems said Wednesday that it raised $23.6 million in Series A financing. New Enterprise Associates led the round with participation from Madrona Venture Group, Redpoint Ventures and Isilon Systems co-founder, Sujal Patel. According to the firm, the capital will be used for product development and to expand its engineering and leadership teams. Concurrent with the funding, Ron Bernal, venture partner at NEA, has been added to Igneous Systems’ board of directors. Based in Seattle, Igneous System is “reimagining the future of rapidly-expanding data center infrastructures.”

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