TTV Capital leads $6 mln round for Springbot

Atlanta-based Springbot, an ecommerce marketing platform for small to mid-sized online businesses, has secured $6 million in funding. TTV Capital led the round with participation from other investors that included TechOperators and Silicon Valley Bank. In addition to the funding, Mark Johnson, a partner at TTV Capital, has been added to Springbot’s board of directors.


Flashpoint nets $5 mln

Flashpoint, an intelligence provider from the “deep and dark web,” has raised $5 million in Series A funding. TechOperators LLC led the round with participation from Bloomberg Beta, Cisco Investments, Greycroft Partners and K2 Intelligence. In conjunction with the funding, Glenn McGonnigle, a general partner at TechOperators, has been added to Flashpoint’s board of directors.

TechOperators backs Siftit

Atlanta-based restaurant ordering platform Siftit has secured $4 million in Series A funding. TechOperators led the round. Concurrent with the funding, Said Mohammadioun, managing partner of TechOperators, has been added to Siftit’s board.

Ionic Security Raises $9.4M From Kleiner, TechOperators, Others

Ionic Security Inc. said it raised a $9.4 million Series A investment in a deal led by Kleiner Perkins Caufield & Byers, joined by TechOperators and including existing investors such as Ken Levine and Paul Judge. The company said that Kleiner Perkins General Partner Ted Schlein and TechOperators Partner Tom Noonan will join the board.

Endgame Closes Series B Led by Paladin Capital

Endgame, a provider of battle-tested cyber security solutions, has closed a $23 million Series B equity financing. Led by new investor Paladin Capital Group, the Series B includes participation from existing investors Bessemer Venture Partners, Columbia Capital, Kleiner Perkins Caulfield & Byers and TechOperators.

JouleX Seals $17M

JouleX, a maker of enterprise energy management systems for data centers, has closed on $17 million in fresh capital from new investors Sigma Partners, Flybridge Capital Partners and Intel Capital, and from existing shareholders Target Partners and TechOperators. The company will use the money to expand its development and sales efforts. JouleX was founded in 2009 and is based in Atlanta.

Toomah Inks Series A Funding

Atlanta-based Toomah LLC has inked an undisclosed amount of Series A financing from Atlanta-based venture firm TechOperators and Dave Gould, the former chief executive officer of Witness Systems. Atlanta Technology Angels also participated in this round. Toomah develops technology designed to optimize the source-to-hire process for customer-facing organizations.


Cybersecurity Co. Endgame Systems Raises $29M

Atlanta-based cybersecurity start-up Endgame Systems has raised $29 million in a Series A round from Bessemer Ventures; Alexandria, Va.-based Columbia Capital; Menlo Park, Calif.-based Kleiner Perkins Caufield & Byers; and Atlanta-based TechOperators. The company will use the money in part to launch its cloud-based malware and botnet detection service. As part of the funding, Bessemer’s David Cowan and Columbia Capital’s Arun Gupta join Endgame’s board.

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