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NGP leads $30 mln round for RetailNext

RetailNext, a San Jose, Calif. provider of retail analytics, said Tuesday that it has raised $30 million in funding. Nokia Growth Partners led the round with participation from Activant Capital Group, August Capital, StarVest Partners, Commerce Ventures, Qualcomm Ventures, Tyco and American Express.

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StarVest Partners leads Series B round for CrowdTwist

CrowdTwist has raised $9 million in Series B funding. StarVest Partners led the round with participation from return backers that included Fairhaven Capital and SoftBank Capital. Based in New York City, CrowdTwist is a omnichannel loyalty and analytics solutions provider.

Ceros inks $6.2mln Series B

Ceros has secured $6.2 million in a Series B round venture capital investment. The investment was made by Sigma Prime Ventures, Starvest Partners and Greycroft Partners. Ceros is an interactive content creation platform.

Host Analytics Inks $17m Series D

Cloud-based enterprise performance management provider Host Analytics has closed $17 million in Series D venture financing. The round was fully financed by the company’s existing investors Advanced Technology Ventures, Trident Capital, StarVest Partners and Next World Capital.

Veracode Acquires Marvin Mobile Security

strong>Veracode, a cloud-based application security testing company, has acquired the assets of Marvin Mobile Security, a developer of a mobile application analysis service for enterprises, app stores and mobile carriers. Terms of the deal were not disclosed. Veracode is backed by Meritech Capital Partners, Atlas Venture, .406 Ventures and StarVest Partners.

NewComLink Names Terence Spielman CTO

The four-year-old, Austin-based software startup NewComLink has appointed Terence Spielman as CTO. Spielman was most recently a senior director and general manager for PayPal’s Austin office. NewComLink has raised $10 million in funding since its founding, including from Austin Ventures and StarVest Partners. PRESS RELEASE: NewComLink, a pioneer in retail credit technology solutions, today announced […]

Travora Media Adds Nile Project to its Offerings

Travora Media, a travel media information company has acquired The Nile Project, a San Francisco-based company with a portfolio of three websites: NileGuide, 10Best, and Localyte and mobile apps focused on providing local expertise to travelers. Terms of the acquisition were not disclosed. Headquartered in New York City, Travora has received funding from Rho Ventures, […]

StarVest Partners Leads $15 Mln Round for Switchfly

Switchfly has secured $15 million in Series C financing led by StarVest Partners. Azure Capital Partners and Canaan Partners also participated. Switchfly, which provides software-as-a-service for travel, loyalty and financial services firms. Total capital raised to date is $32 million, Switchfly says. PRESS RELEASE Switchfly, Inc. (formerly ezRez Software, Inc.), a leading software-as-a-service (SaaS) provider […]

PivotLink Secures Funding

PivotLink, a provider of retail performance management solutions has closed an additional $13 million in financing. The funding was led by existing investors Trident Capital, Emergence Capital Partners and Starvest Partners, firms that were early investors in Qualys, SuccessFactors and NetSuite. PRESS RELEASE PivotLink, the leading provider of retail performance management solutions delivered via Software […]

Xignite Seals $10M Series B

Xignite Inc., a provider of a financial market data platform for the cloud, has raised $10 million in Series B funding. The San Mateo, Calif.-based company is backed by StarVest Partners, Altos Ventures, Startup Ventures and individual investors. The money will be used to bolster sales and marketing, and for product development.

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John Backus: Dispelling Entrepreneur and VC Myths

Since my last post debunking the five alleged myths of entrepreneurs triggered more than a few comments and thoughtful reactions, I wanted to respond collectively to them. First let’s start out with venture capital performance as an asset class. Over the last ten years, it has been terrible. On an absolute basis the returns are […]

Lucid Commerce Sees $8M C Round

Lucid Commerce, the TV targeting and measuring company, raised $8 million from a group of investors including Rho Ventures, StarVest Partners, Positec USA, OVP Venture Partners and Greycroft Partners LLC. Rho led the round. Doug McCormick, venture partner at Rho Ventures, will join the company’s board as part of the transaction.

Austin, StarVest Put $10M into NewComLink

Austin Ventures and StarVest Partners have poured $10 million into retail credit technology company NewComLink. StarVest led the Series B round for the Austin-based company; it will be used to support growth of the NewComLink platform.

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