San Francisco-based Klout has reportedly been acquired for $100 million by Lithium Technologies. The companies have not yet announced a deal, but online publications, including re/code reported last week that the deal is closed. Klout, which measures the influence of users on social media, has raised at least $40 million in known financing since it was founded in 2008.
1 min read · 15 February 2014
Hoopla, which develops sales performance improvement software, has raised $8 million in a Series B round of funding led by Trinity Ventures. Existing investors Safeguard Scientifics and Illuminate Ventures also participated in the round. The San Jose, Calif.-based company has now raised $10.8 million in total funding, having raised a $2.8 million Series A round in mid-2012. As part of the Series B round, Larry Orr, general partner of Trinity, has joined the board.
3 min read · 13 February 2014
Tintri, a provider of storage management technology for virtual machines, has raised a $75 million Series E round of funding led by Insight Venture Partners. Existing investors Lightspeed Venture Partners, Menlo Ventures and New Enterprise Associates also participated. The Mountain View, Calif.-based company has now raised $135 million in total funding since it was founded in 2008. As part of the new funding, Jeff Horing of Insight Venture Partners, has joined the board of directors.
5 min read · 13 February 2014
The top 10 finalists for the annual Innovation Sandbox competition have been selected and the winner will be chosen at the RSA Conference on Feb. 24
3 min read · 10 February 2014
The top 10 finalists for the annual Innovation Sandbox competition have been selected and the winner will be chosen at the RSA Conference on Feb. 24
3 min read · 09 February 2014
Apportable announced it has raised $5 million in funding from Google Ventures and a group of individual investors, including Gmail creator Paul Buchheit, Yahoo co-founder Jerry Yang and Reddit co-founder Alexis Ohanian, among others. Apportable has now raised $7.4 million in total funding.
4 min read · 05 February 2014
Zendesk, the software-as-a-service help desk provider, has announced three appointments to its board of directors, as the company is reportedly moving closer to quietly filing registration papers for an IPO.
1 min read · 05 February 2014
Ethan Beard, a former Facebook director and a member of the Silicon Valley cover band Coverflow, has joined Greylock Partners as entrepreneur-in-residence. Beard, who's Greylock bio is available here, was previously director of the developer network at Facebook, the social networking company in which Greylock was an early investor.
1 min read · 04 February 2014
The digital marketing company TrackMaven has raised a $6.5 million Series A round led by New Enterprise Associates with participation from existing investors Bowery Capital and Acceleprise Ventures. Harry Weller, a general partner at NEA, has joined the board as part of the funding round. In May 2013, the Washington, D.C.-based company announced a $1.25 million seed round led by AOL Ventures.
2 min read · 04 February 2014
The top 10 finalists for the annual Innovation Sandbox competition have been selected and the winner will be chosen at the RSA Conference on Feb. 24
3 min read · 01 February 2014
