Rembrandt Venture Partners leads $22 mln Series D funding in Appcelerator

Rembrandt Venture Partners has led a $22 million Series D funding round in Appcelerator, which provides an enterprise mobile engagement platform. Other participants in the funding round include new investor Union Grove Venture Partners, and existing investors Storm Ventures, Sierra Ventures, Mayfield Fund, Translink Capital, Relay Ventures and EDB Investments.

Storm leads expanded seed round for search company Algolia

Algolia, which said it provides a developer-friendly SaaS API for database search, has announced the close of its seed round with an additional $1.2 in funding led by Storm Ventures. Additional investors in the expanded seed round include individual investors from Box, Eventbrite, Google, Microsoft and Stripe. The financing brings the company’s total funding to $2.8 million. Algolia also announced that Chrisoph Janz of Point Nine Capital has joined the Board. Algolia, founded in 2012 in France, initially raised $1.6 million in seed-stage funding from 500 Startups, Alven Capital, Index Ventures and Point Nine Capital.

Metacloud racks up $15 mln

Metacloud has raised $15 million in Series B funding. The investors included Pelion Venture Partners, Silicon Valley Bank, UMC Capital, AME Cloud Ventures, Canaan Partners and Storm Ventures. Based in Pasadena, Calif., Metacloud is a provider of cloud solutions.

Lotame buys VC-backed AdMobius

Data management platform Lotame has acquired AdMobius. No financial terms were disclosed. Based in San Mateo, Calif., AdMobius is a mobile audience management platform. It is backed by Opus Capital and Storm Ventures.

Flint secures $6m in Series B funding

Flint Mobile has secured $6 million in new capital. The Series B round was led by Digicel, with additional funding from SVG Ventures. Previous investors True Ventures and Storm Ventures also contributed new capital as follow-on to their April 2012 investment.

AdMobius Raises $5M from Opus Capital and Storm Ventures

San Mateo, Calif.-based AdMobius — maker of an online ad platform that uses data from publishers, ad networks and other aggregators to create consumer “segments” that its clients can use to better target their advertising — has raised a $5 million Series A round of funding led by Opus Capital and Storm Ventures. PRESS RELEASE: AdMobius […]

MobileIron Closes Series E Mezz Financing

MobileIron, a provider of mobile IT security and management for apps, content, and devices has secured a $40 million series E mezzanine financing round. The investment was led by Institutional Venture Partners which joined existing investors Foundation Capital, Norwest Venture Partners, Sequoia Capital and Storm Ventures. The round brings MobileIron’s total funding to $97 million. […]

Restorando Seals $3.2M

Online restaurant reservation platform Restorando has closed on $3.2 million in Series A financing. Emergence Capital Partners led the round with participation from Latin American-focused fund Kaszek; London-based Atomico; and Storm Ventures. Santi Subotovsky from Emergence Capital and Alex Mendez from Storm Ventures joined Restorando’s board. PRESS RELEASE Restorando, the leading online reservation platform for […]

RiseSmart Inks $2M

San Jose, Calif.-based RiseSmart has raised $2 million in fresh capital from Norwest Venture Partners. The company, a maker of outplacement workforce services, has raised a total of $13.85 million since it was formed in 2007. The company is also backed by Storm Ventures and angel investors.

Marketo Inks $50M led by Battery

San Mateo, Calif.-based Marketo, a provider of revenue performance management technology, has closed a $50 million venture round led by Battery Ventures. Existing investors Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures also participated. The company will use the infusion to fund growth efforts.

Storm, New Magellan Back Modo Labs

Storm Ventures and New Magellan Ventures have put $4 million into Modo Labs, a provider of open source content delivery technology for mobile platforms and devices. The money will help Modo Labs market its software, which is based on its open source Kurogo platform.


Appcelerator Closes on $15M

Appcelerator, maker of a development platform for mobile web applications, has raised $15 million in a third round led by Mayfield Fund, Translink Capital and Red Hat. Existing investors eBay Inc., Sierra Ventures and Storm Ventures also participated. The company, based in Mountain View, Calif., has now raised a total of $31.5 million. The latest infusion will be used for international expansion and continued development of the company’s mobile development platform.

LSI Corporation Pays $322M for SandForce

Publicly traded LSI Corp. is paying $322 million in cash to buy SandForce Inc., a maker of flash storage processors and solid state drives. Founded in 2006, SandForce has raised money from venture capital investors DCM, Storm Ventures, Translink Capital and Canaan Partners.

Marketo Recruits Siboni to Board

Marketo, a provider of Revenue Performance Management (RPM) solutions, has appointed Roger Siboni to its board of directors. Siboni brings more than 25 years of technology leadership and guidance to Marketo’s Board. Marketo is venture capital-backed by Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures.

Rimage Buys Qumu

Rimage Corp., a publicly traded provider of on-demand DVD and Blu-ray publishing systems, will acquire Qumu Inc., an enterprise video communications company. Rimage will pay $52 million, which includes a $39 million cash component and 1 million shares of Rimage commons stock. Qumu was reportedly backed by investors including Advanced Technology Ventures, SAP Ventures, Storm Ventures, Garage Technology Ventures, Halo Opportunities Fund and the Angels Forum.

Adobe Snatches Up Electronic Signature Co. EchoSign

Adobe has bulked up its document exchange services platform by buying venture-backed EchoSign, a provider of electronic signatures and signature automation technology. Terms of the deal were not released. EchoSign had raised more than $8 million from investors including Storm Ventures and Emergence Capital Partners.

MobileIron Lands $20M Series D

MobileIron, the enterprise management and security system for mobile devices and related apps, has landed a $20 million Series D growth financing round. All of the company’s current investors, including Foundation Capital, Norwest Venture Partners, Sequoia Capital and Storm Ventures, participated in the round.

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