204 Views

LevelEleven grabs $2 mln

LevelEleven has raised $2 million in funding.The firm’s investor base includes Dallas Angel Network, Tamiami Angels, Detroit Venture Partners and Salesforce.com. In addition to the funding, the company has named Tim Kopp, former CMO of ExactTarget, to its board of directors. Based in Detroit, LevelEleven is a provider of enterprise gamification and CRM solutions.

612 Views

Real estate platform Urban Compass snags $40 mln Series B

New York City-based real estate platform Urban Compass has received $40 million in Series B funding. The investors included Thrive Capital, Founders Fund, .406 Ventures, Salesforce.com CEO Marc Benioff, American Express CEO/Chairman Kenneth Chenault and Condé Nast parent company Advance Publications. According to the firm, the capital infusion will be used for growth and expansion as well as invest more in technology.

168 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.

The Blackphone, an Android software-based mobile which encrypts texts, voice calls and video chats, is displayed after being launched during the Mobile World Congress in Barcelona
497 Views

peHUB Second Opinion

In Second Opinion, Twitter is buying Tap Commerce, the Blackphone ships this week, Supreme Court Justice Ruth Bader Ginsburg tells it like it is and why we should smother France with love.

RedOwl Analytics picks up $4.6 mln Series A

RedOwl Analytics has secured $4.6 million in Series A financing. The investors included Salesforce.com Chairman/CEO Marc Benioff, Igor Sill of Geneva Venture Group, Under Armour CEO Kevin Plank (via Sagamore Ventures), Christian Lawless of Conversion Capital, Attractor Ventures, Propel Baltimore and TEDCO‘s new Veterans’ Opportunity Fund. Headquartered in Baltimore, RedOwl is a provider of analytical solutions to security, compliance and investigative use cases.

147 Views

Offerpop grabs $15 mln Series C

Offerpop, a New York-based digital marketing platform, said Tuesday that it has raised $15 million in Series C funding. Edison Ventures led the round with participation from Hearst Ventures, a unit of Hearst Corp., Salesforce.com, Windcrest Partners, CommonAngels and Mesco. Bulger Partners provided financial advice on the transaction.

194 Views

Anaplan raises $100 mln Series D led by DFJ Growth

Planning platform business Anaplan has completed a Series D round of $100 million in financing, bringing total investment in the company to $150 million. The round was led by DFJ Growth with participation from Brookside Capital, Coatue Management, Sands Capital Management, and Workday and Anaplan’s current investors, Granite Ventures, Meritech Capital Partners, salesforce.com, and Shasta Ventures.

Advent International invests in FinancialForce.com

FinancialForce.com said Thursday that it has secured $50 million in funding from private equity firm Advent International. As a result of this transaction, UNIT4 will remain as FinancialForce.com’s majority investor while Salesforce.com continues to hold a minority stake in the firm. Headquartered in San Francisco, FinancialForce.com is a cloud ERP provider on the Salesforce1 platform.

VC-backed Okta taps Salesforce.com former SVP for new position

Okta said Monday that it has hired Krista Anderson as its first chief customer officer. Anderson is a former senior vice president at Salesforce.com. Based in San Francisco, Okta is an identity management service. It is backed by Andreessen Horowitz, Greylock Partners, Khosla Ventures and Sequoia Capital.

VC-backed Domo appoints TPG principal to board

Enterprise software startup Domo has named Nehal Raj, a principal at TPG, to its board of directors. TPG Growth recently led a $125 million Series C round in Domo. The company’s other backers include Benchmark, Fidelity Investments, Founders Fund, GGV Capital, Greylock Partners, IVP, Salesforce.com, T. Rowe Price, WPP and Zetta Venture Partners.

quiznos
449 Views

peHUB Second Opinion

To end your week, Quiznos files for Chapter 11, Alibaba expected to file for a U.S. IPO, Colin Powell joins the board of Salesforce.com and why Google Glass is so bad and hated.

Salesforce.com appoints former Secy of State General Colin Powell to board

Salesforce.com said Friday that it has named General Colin Powell to its board of directors. The appointment became effective March 13, 2014. A retired four star general, General Powell served as U.S. National Security Advisor, Commander of the U.S. Army Forces Command and Chairman of the Joint Chiefs of Staff. He was also the 65th Secretary of State under President George W. Bush. General Power is is a strategic limited partner at Kleiner Perkins Caufield & Byers. Headquartered in San Francisco, Salesforce is a provider of CRM solutions.

221 Views

SteelBrick secures funding

SteelBrick, a provider of easy-to-use apps for Salesforce.com customers, has received $5 million backing from Godard Abel, the company’s new CEO and former co-founder/CEO of BigMachines, and from Matt Gorniak, former global SVP sales/alliances from BigMachines, who will serve as a senior advisor to SteelBrick. SteelBrick recently opened an office in Chicago and has launched a new website.

shutterstock_79462060
109 Views

Bessemer’s Cloud Computing Stock Index

If you remain doubtful that cloud computing software investments can pay off, just look at the numbers. Thirty of the largest publicly traded cloud software companies now have a combined market cap of more than $100 billion;

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