255 Views

TCV, Salesforce fuel FinancialForce.com with $110 mln

FinancialForce.com, a provider of enterprise resource planning services, has raised $110 million in new funding. New investors Technology Crossover Ventures led the round, with participation from existing investor Salesforce Ventures. The San Francisco-based company has now raised $220 million in total funding, including a $50 million infusion by Advent International in April 2014. As part of the latest funding, Tim McAdam, general partner at TCV, has joined the board.

515 Views

AI company Quid raises $39 mln in round led by Liberty Interactive

San Francisco-based Quid, an artificial intelligence company which provides information analytics software, has raised a $39 million Series D round of funding. Liberty Interactive Corporation led the funding, with participation from ARTIS Ventures, Buchanan Investments, Subtraction Capital, Tiger Partners, Thomas H. Lee Limited Family Partnership II, as well as Quid board member Michael Patsalos-Fox and Quid Chairman and founding investor Charles Lho. The company previously raised a $10 million Series C round and has altogether raised $60 million in funding.

164 Views

Salesforce leads $60 mln strategic funding for InsideSales

InsideSales.com, a provider of a cloud-based sales analytics platform, has raised a $60 million strategic round of funding led by existing investor Salesforce Ventures. Also participating in the funding are Microsoft and existing backers Polaris Partners, Kleiner Perkins Caufield & Byers, Hummer Winblad Venture Partners, U.S. Venture Partners and Zetta Venture Partners. The Provo, Utah-based company, which was valued at about $1 billion at its last funding in April 2014, has now raised $203 million in total funding.

167 Views

DFJ, True lead Series A funding in Twin Prime

Twin Prime, a provider of  mobile data delivery optimization, emerged from stealth and announced it has raised a $9.5 million Series A round of funding. DFJ and True Ventures co-led the oversubscribed round. Also participating are Milliways Labs and Moment Ventures. As part of the funding, Bubba Murarka, partner at DFJ, and Om Malik, partner at True, have joined the company board.

245 Views

Norwest leads funding round for Health Catalyst

Health Catalyst, a provider of healthcare data warehousing services, announced it has raised $70 million in new funding, bringing the total amount raised by the Salt Lake City-based company to $170 million. Existing investor Norwest Venture Partners led the latest round, which included other previous investors Sequoia Capital, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital and Partners HealthCare. New investors Sands Capital Ventures, Tenaya Capital, Epic Ventures and Leavitt Equity Partners also participated.

216 Views

Birst raises $65 mln led by Wellington

Birst, a provider of cloud-based business intelligence and analytics, has raised $65 million in funding.  Wellington Management Company LLP led the round and was joined by existing investors Sequoia Capital, Hummer Winblad, DAG Ventures and Northgate Capital. The San Francisco-based company has now raised $156 million in total financing.

242 Views

Reltio raises $10 mln from Crosslink and .406

Reltio, a Data-as-a-Service provider, has raised a $10 million Series A round of funding from Crosslink Capital and .406 Ventures. The Palo Alto, Calif.-based company previously raised $1 million form angel investors. As a result of the Series A round, Jim Feuille, general partner of Crosslink Capital, has joined the board.

202 Views

CRV leads funding round in SignalFx

SignalFx, previously known as SignalFuse, emerged from stealth and announced it has raised a $20 million Series B funding round led by CRV. Existing investor Andreessen Horowitz also participated in the round. The San Mateo, Cailf.-based company, which provides monitoring of cloud software, has now raised $28.5 million in funding to date. As a result of the Series B, Devdutt Yellurkar, general partner at CRV, has joined the board, which includes Ben Horowitz.

158 Views

Surveypal raises $1 mln in seed to expand in North America

Surveypal, which was founded in Finland, but has its U.S. headquarters in San Francisco since last year, announced it has raised $1 million in seed funding from Vendep Fund, Finnvera Venture Capital and individual investor Ari Korhonen, a backer in 500 Startups and Seedcamp. Surveypal operates an online survey platform. It set up its U.S. base of operations last year.

167 Views

Third Point leads $30 mln funding of cloud security provider Elastica

Elastica, a provider of cloud app security services, has raised a $30 million Series B round of funding. Third Point Ventures led the funding, which included Mayfield Fund, Telstra and Pelion Ventures. The San Jose, Calif.-based company previously raised a $6 million Series A round. As a result of the latest round, Robert Schwartz from Third Point has joined the Elastica board.

165 Views

NEA, others seed enterprise productivity platform Do

Do, which provides a productivity platform for the enterprise, has raised $2 million in seed funding from New Enterprise Associates, Slow Ventures (Dave Morin and Kevin Colleran), Nas of Queensbridge Venture Partners, Zynga founder Mark Pincus, Chegg co-founder Aayush Phumbhra, Cotap CEO and former Yammer Chief Product Officer Jim Patterson, and other investors. The San Francisco-based company, which allows users to take notes, share files, assign tasks, and do related meeting tasks, launched in July 2014 with an undisclosed amount of initial backing, including from SherpaVentures and Salesforce.

103 Views

RayVio emerges from stealth, announces $9.3 mln

Hayward, Calif.-based RayVio emerged from stealth mode and announced today it has raised $9.3 million in Series B funding. New investors Applied Ventures, Augment Ventures, New Ground Ventures and Tolero Ventures join existing investors DCM Ventures and Capricorn Investment Group in the round. The company provides ultraviolet technology for a variety of applications, including disinfection and water purification.

493 Views

HoneyBook raises $22 mln led by Norwest

HoneyBook, which provides event planning services for vendors, has raised $22 million in a Series B round of funding led by Norwest Venture Partners. Existing investors Aleph and Hillsven also participated. The San Francisco-based company has now raised $32 million in funding to date.

125 Views

Updata Partners invests in First Insight

First Insight, a provider of a predictive analytics platform, has raised $14 million in a Series B round of financing from Updata Partners. As part of the funding, Updata General Partner James Socas has joined the board of the Pittsburgh-based company.

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