MapR Technologies Inc., a provider of distribution technology for Apache Hadoop, has raised $20 million in Series B financing. Redpoint Ventures led the round, which also included return backers Lightspeed Venture Partners and NEA, the company said. The money will help MapR with growth efforts.
3 min read · 30 August 2011
EnergyHub Inc., a maker of home energy management software and systems, has raised $14.5 million in Series B financing. Acadia Woods and the New York City Investment Fund, joined existing investors .406 Ventures and Physic Ventures in the round. The money will help EnergyHub deploy its systems, and launch its wireless thermostat software service. EnergyHub is based in Brooklyn.
3 min read · 26 August 2011
2 min read · 26 August 2011
Redwood City, Calif.-based Personal Capital announced Friday that it’s pulled in a total of $25 million in venture funding. Institutional Venture Partners led the Series A round. Venrock led the company’s Series B round, with participation from IVP. Specifics of the individual rounds were not disclosed. The firm, which says it has emerged from “stealth mode,” plans to release a full suite of customer-centric retail investment management, banking and personal finance services.
4 min read · 26 August 2011
Blogging service Tumblr is close to raising between $75 million and $100 million in new venture capital financing, Reuters reported Friday, citing news in the Wall Street Journal. Greylock Partners is reportedly one of the firms joining in the round. Spark Capital, Union Square Ventures, and Sequoia Capital are among the current investors in Tumblr.
1 min read · 26 August 2011
5 min read · 25 August 2011
San Francisco-based CouchSurfing, an online network through which travelers find privately owned accommodations, has raised $7.6 million in funding from Benchmark Capital and Omidyar Network. The company had revenues of $1.16 million in 2009.
2 min read · 25 August 2011
3 min read · 25 August 2011
Virsto Software, maker of VM-centric storage-hypervisor software, has added $5 million in a follow-on investment to its Series B round. The additional funds bring the Series B round to $17 million. Southern Cross Venture Partners and Correlation Ventures join as new investors. The company is also backed by InterWest Partners, August Capital and Canaan Partners.
4 min read · 25 August 2011
TST Media, maker of the NGIN website platform, has closed on $3.5 million in financing led by El Dorado Ventures. The money will help TST Media expand its business partnerships as well as its staff, and continue development.
3 min read · 25 August 2011
