DataStax, the provider of the open source database management system Apache Cassandra, has raised a $25 million Series C round of funding. Meritech Capital Partners led the round, with participation from existing investors Lightspeed Venture Partners and Crosslink Capital. The company has now raised $38.7 million in fudning since 2010.
4 min read · 01 October 2012
3 min read · 01 October 2012
Capillary Technologies, a cloud-based customer engagement solution provider for large enterprises, has raised $15.5 million in a Series A round that was led by Norwest Venture Partners and Sequoia Capital and included exsting investor Qualcomm Ventures.
6 min read · 25 September 2012
Newly launched venture capital fund Redpoint e.ventures announced its first deal in Brazil, having funded the Series A round of Minuto Seguros, an online insurance broker. The amount of the round was undisclosed, but it was believed to be less than $5 million.
4 min read · 20 September 2012
Atlanta-based Kabbage, which provides capital to small and mid-sized online merchants, has raised $30 million in Series C funding. The company has now raised $56 million in total equity. The latest round was led by Thomvest Ventures, the venture arm of Peter Thomson, who's also a director of Thomson Reuters (owner of peHUB). Joining in the round are UPS Strategic Enterprise Fund, Mohr Davidow Ventures, BlueRun Ventures, SV Angel and individuals Warren Stephens and David Bonderman.
3 min read · 18 September 2012
Zendesk, a provider of on-demand, help desk, customer services support network, has raised $60 million in new funding including $45 million in equity. Investors include new investors Index Ventures, GGV Capital, Goldman Sachs and existing investors Charles River Ventures, Benchmark Capital and Matrix Partners. The San Francisco-based company also secured $15 million in debt from Silicon Valley Bank. Zendesk has now raised more than $80 million in total funding since it was founded in 2007. CEO Mikkel Svane told peHUB in an email that the conmpany doesn't have any acquisitions planned. "But we are focusing heavily on attracting the right talent and DNA to the company. We need a bigger pile of chips on the table to continue to execute at the pace we're executing," he said.
4 min read · 12 September 2012
3 min read · 12 September 2012
3 min read · 12 September 2012
2 min read · 10 September 2012
2 min read · 07 September 2012
