Altimeter Capital Management related stories
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VC-backed Hootsuite buys Sales Prodigy to fill social selling gapCanadian social media management platform Hootsuite has bought Sales Prodigy, a Vancouver-based mobile app that helps sales organizations tap into social selling opportunities. The deal's financial terms were not disclosed. Matt Switzer, vice president of corporate development at Hootsuite, said the acquisition will bolster the company's platform so it can address a current "big gap" in the market for social selling solutions. Founded in 2008, Vancouver-based Hootsuite has raised US$250 million in venture capital financing, including its US$60 million round in late 2014. Its backers include Accel Partners, Insight Venture Partners and OMERS Ventures.
Twilio racks up $130 mln Series ESan Francisco-based cloud communications company Twilio has secured $130 million in Series E funding. Fidelity and T. Rowe Price led the round with participation from Altimeter Capital Management, Arrowpoint Partners, Amazon.com and Salesforce Ventures. Allen & Company LLC provided financial advice to Twilio on the transaction.
- Altimeter Capital leads Series C round for Snowflake Computing
Silicon Valley-based data warehousing company Snowflake Computing has secured $45 million in Series C funding. Altimeter Capital led the round with participation from return backers Redpoint Ventures, Sutter Hill Ventures and Wing Ventures.
Altimeter Capital Wants to Hedge Its Bets with Venture FundPlenty of hedge fund managers have dipped a toe into the venture business in recent years. A Boston-based group is taking things a massive step further, though. Altimeter Capital http://www.altimetercapital.com/ – an investment firm that has raised roughly $310 million since 2008 to take long and short positions in mostly public travel companies -- is raising a $75 million venture fund, according to a new Form D http://www.sec.gov/Archives/edgar/data/1581945/000158194513000001/xslFormDX01/primary_doc.xml filed with the SEC.
- Duetto Research Raises $10M Series A
Duetto Research, a startup focused on cloud-based technology for the travel and hospitality industry, has raised $10 million in Series A financing led by Battery Ventures and Altimeter Capital. existing investors Thayer Ventures, Trinity Ventures and Salesforce.com founder Marc Benioff, also participated.
- Gerstner Joins Off & Away Board
Brad Gerstner has joined the board of Off & Away, a Seattle-based auction site for travel connoisseurs. Off & Away in October received a $2 million follow-on investment led by Madrona Venture Group, a Seattle VC firm. Gerstner is founder & CEO of Altimeter Capital Management.
- Gerstner Joins Off & Away Board
Brad Gerstner has joined the board of Off & Away, a Seattle-based auction site for travel connoisseurs. Off & Away in October received a $2 million follow-on investment led by Madrona Venture Group, a Seattle VC firm. Gerstner is founder & CEO of Altimeter Capital Management.