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.
3 min read · 18 March 2015
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.
4 min read · 18 March 2015
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.
2 min read · 17 March 2015
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.
3 min read · 17 March 2015
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.
7 min read · 16 March 2015
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.
4 min read · 12 March 2015
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.
2 min read · 12 March 2015
PandoDaily West Coast editor Michael Carney has joined the venture firm Upfront Ventures as an associate, according to the tech blog.
1 min read · 12 March 2015
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.
3 min read · 11 March 2015
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.
4 min read · 10 March 2015
