2 min read · 11 February 2011
Atlanta-based network security company Damballa Inc. has raised $12 million in new funding. New investor Paladin Capital Group contributed to the financing, as did existing investors Sigma Partners, Palomar Ventures, InterWest Partners, GRA Venture Fund, Imlay Investments, and Blumberg Capital. The company will use the new money to expand its technology. Paladin Capital is based in Washington D.C.
3 min read · 11 February 2011
Copenhagen-based Podio, which is developing a platform for enterprise companies, has raised $4 million in Series A financing. Sunstone Capital led the round, which will be used for development and to expand the company’s staff. Podio is designing a web-based work environment aimed at meeting enterprise needs ranging from company intranets, project management and recruiting tools, to business intelligence and social platforms.
2 min read · 11 February 2011
3 min read · 10 February 2011
2 min read · 10 February 2011
Glassdoor Inc. has raised $12 million in a Series C round led by Battery Ventures. Existing shareholders Benchmark Capital and Sutter Hill Ventures also participated in the round, which brings the company’s total financing to $22.2 million. Glassdoor was formed in 2007, and is a free, online career community where user share information about companies, jobs, salaries and other information. The new money will help the company expand international, and add to its team.
4 min read · 10 February 2011
2 min read · 10 February 2011
Chicago-based Abe's Market, which provides an online marketplace for natural products, has closed on $3.4 million in Series A financing. Accel Partners led the round, which included participation from existing early investor Index Ventures and other unnamed angel investors. The company will use the money for continued growth, and marketing.
4 min read · 10 February 2011
Education technology start-up Docufide, which is developing a digital platform for education credentials, has raised $4.5 million in a first round of institutional financing. Education entrepreneur Matthew Pittinsky, who founded publicly traded Blackboard Inc., led the round, which includes participation from early stage investor Novak Biddle Venture Partners. Based in Los Angeles, Docufide’s software is designed to electronically capture, and manage education credentials for its network of state education agencies, schools and universities.
2 min read · 09 February 2011
Louisville, Colo.-based Coalfire Systems has raised $5 million in Series A financing from Baird Venture Partners. Coalfire develops audit and compliance management services for small and mid-sized businesses. The new financing will help the company with continued development and growth. Baird Venture Partners is the U.S.-based venture fund of Baird Private Equity.
3 min read · 09 February 2011
