Swiftype Raises $1.7M in Seed Funding

Swiftype, a Y Combinator startup that provides a search engine for websites and mobile apps, has raised a $1.7 million seed-stage round of funding from a number of individual investors and venture firms. Investors include Andreesen Horowitz, New Enterprise Associates, Kleiner Perkins Caufield & Byers and Ignition Partners, as well as Sam Altman, SV Angel, Alexis Ohanian, Paul Buchheit, Crunchfund, DST/Start Fund, Garry Tan, Harj Taggar, Jared Kopf, William Morris Endeavor, Data Collective, Scribd founders Jared Friedman and Trip Adler, and Tikhon Bernstam.

Keas Raises a Healthy $8M in New Funding

Corporate health and wellness startup Keas quietly announced today that it has raised $8 million in additional funding from Ignition Partners and Atlas Venture. The San Francisco-based company, which helps corporations promote healthy behavior among its employees, had previously raised about $18 million in venture funding, since the company was founded in 2009. Keas is part of a new wave of next-generation corporate wellness systems that leverage social media and game mechanics to get employees motivated about improving their health.

SnapLogic Appoints Spencer Punter as CFO

SnapLogic has appointed Spencer Punter as chief financial officer. The appointment builds on SnapLogic’s $20 million funding in late 2012, from Ignition Partners, Triangle Peak Partners and existing investors Andreessen Horowitz.

Motif Raises $25 Mln Financing

Motif Investing has raised an additional $25 million in financing from a group of investors including Goldman Sachs & Co. and existing Motif investors Foundation Capital, Ignition Partners and Norwest Venture Partners. San Mateo-based Motif is an online broker. Darren Cohen, Managing Director of Principal Strategic Investments at Goldman, is joining Motif’s board as an observer.

Venture-Backed Appature Sells to IMS Health

IMS Health, a Parsippany, N.J.-based healthcare industry data firm, has acquired Appature, a Seattle-based software company that had raised roughly $10 million, including from Madrona Venture Group and Ignition Partners. Terms of the deal were not disclosed.


Ignition Scales Back for Fund V – Filing

Ignition Venture Partners is seeking $150 million for its newest fund – a major decrease from the last fund, which was $400 million. Still, the Seattle-based VC has scored some good exits lately, including data analytics provider Splunk.

Flash Storage Company WhipTail Raises $31M Series C

WhipTail, a Whippany, N.J.-based flash based storage company, has raised a $31 million Series C round of funding from SanDisk, Ignition Partners, RRE Ventures and Spring Mountain Capital. Silicon Valley Bank provided debt financing and the company said an unnamed Silicon Valley industry titan also invested.

INRIX Appoints Former Microsoft CFO to Board

INRIX, an international provider of traffic information and driver services has elected John Connors to its board of directors. Connors is a partner at Ignition Partners and former chief financial officer of Microsoft Corporation.

Avanade to Acquire Azaleos Corporation

Business technology solutions provider Avanade is to acquire Azaleos Corporation, headquartered in Seattle. Azaleos is a Microsoft Exchange and messaging company backed by Ignition Partners and Second Avenue Partners.

Continuuity Raises $10m Series A

Continuuity has secured a $10 million Series A funding round. Battery Ventures and Ignition Partners led the round, and were joined by returning and new investors Andreessen Horowitz, Data Collective and Amplify Partners.

Former XenSource Vets Launch Convergent-io, Raises Series A from Andreessen Horowitz

Cloud computing startup Convergent-io announced it raised a $10 million Series A round from Andreessen Horowitz. The startup–which was founded by veterans of XenSource, which was bought by Citrix five years ago–develops cloud-based storage infrastructure. Peter Levine, general partner of Andreessen Horowitz, has joined the board. The company reportedly raised a $1.2 million seed-stage round of […]

Xamarin Raises $12M From Charles River, Ignition, Floodgate: CORRECTED

Xamarin said it raised $12 million in a Series A financing from Charles River Ventures, Ignition Partners, and Floodgate. The development tools company will use the funds for product expansion and to build a sales and marketing team. PRESS RELEASE Xamarin Raises $12M to Help Businesses Address Mobile Developer Shortage  Company’s platform already enables 150,000 […]

Hipmunk Takes Off with $15M Series B

Online travel site Hipmunk announced on its blog today that it has raised $15 million in Series B funding. The round was led by  Institutional Venture Partners and includes Series A investor Ignition Partners. Hipmunk was founded in September 2010 by Adam Goldstein and Steve Huffman, founder of reddit, (which was acquired by Conde Nast in […]

Zenprise Appoints President and CEO

Zenprise, a secure mobile device management provider, has appointed Amit Pandey as president and chief executive officer, effective immediately. The company raised $30 million growth financing in October last year. The round, led by Greylock Partners, also included participation from existing shareholders Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures. PRESS RELEASE […]

Splunk Prices I.P.O. Between $8-$15 per Share

Splunk Inc., which makes software that collects and indexes data, said it expects its initial public offering of 13.5 million shares to be priced between $8 and $10 apiece, Reuters reported. In a filing with the U.S. Securities and Exchange Commission, the company said it plans to sell about 12.5 million shares, with its selling […]

Opscode Raises $19.5M Series C – CORRECTED

Enterprise software start-up Opscode has closed $19.5 million in Series C Funding, led by John Connors at Ignition Partners, along with Battery Ventures and Draper Fisher Jurvetson. Opscode is based in Seattle. PRESS RELEASE Opscode Announces $19.5m Funding, Hiring, Community Growth, and #ChefConf We’ve made several big announcements this morning… slightly ahead of schedule. You […]

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