CloudBees raises $11M in funding
CloudBees, Inc., the Enterprise Platform as a Service (PaaS) innovation leader, today announced it has closed an $11.2 million Series C financing round. The round was led by Verizon Ventures, the investment arm of Verizon Communications Inc. The round also included existing investors Matrix Partners and LightSpeed Venture Partners, as well as new investor Blue Cloud Ventures.
Founded in 2010, CloudBees is a recognized leader in Platform as a Service technology and in its enterprise support and features for Jenkins continuous integration and delivery. The Series C funding brings the total investment in CloudBees to $25.7 million. The new funds will be used to drive continued revenue growth by rolling out additional product capabilities, fund sales expansion and extend the reach of the CloudBees brand. READ MORE
Quanttus raises $22M in funding
Quanttus today announced that it secured $19 million in Series A financing from Khosla Ventures and Matrix Partners. This follows a previous $3 million seed financing led by Vinod Khosla of Khosla Ventures. Quanttus will use this investment to further develop breakthroughs in clinical-grade vital signs monitoring and advances in contextual analysis to create wearable technologies that, for the first time, help people proactively understand their bodies and improve their health. READ MORE
CounterTack closes out Series B funding at $15M
CounterTack, a pioneer in delivering real-time endpoint threat detection, context and visibility around targeted attacks, today announced that it has closed out its Series B financing round with an additional $3 million to complete a $15 million raise.
This funding comes on the heels of a surge in global customer demand. With this extension, the Venture Capital unit of Siemens (SFS VC) joins CounterTack investors including Goldman Sachs, Fairhaven Capital and a group of private financiers to fuel an accelerated technology expansion and market delivery of CounterTack’s Sentinel platform for real-time endpoint threat detection and response for the enterprise. READ MORE
NuoDB raises $14.2M in funding
NuoDB, Inc., the leader in distributed database technology, announced today that it has closed a new round of investment. In addition to existing investors, Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the 3DEXPERIENCE Company, world leader in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions, has made an investment in the company.
Also participating in the round are NuoDB’s existing investors including Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners. This latest round is $14.2 million, bringing the total investment in NuoDB to $26.2 million. READ MORE
bigtincan raises $5M in funding
bigtincan, a Waltham, MA-based provider of a mobile content enablement solution, raised $5m in Series A funding. The round was led by Southern Cross Venture Partners. In conjunction with the funding, Bill Bartee, serial entrepreneur and managing director of Southern Cross Venture Partners, joined bigtincan’s board of directors. READ MORE
TruePosition acquires Skyhook Wireless
Dunwello raises $1.4M in funding
As per Scott Kirsner, Dunwello in Boston, has raised $1.4M in funding. Dunwello is an online tool for improving the performance feedback process for employees. The company's founder is Matt Lauzon (founder and former CEO of Gemvara). Investors in Dunwello include: NextView Ventures, G20 Ventures, the Vegas Tech Fund, Bridge Boys), Axel Bichara, Gautam Gupta, Jeremy Hitchcock and Mark Guadagnoli. READ MORE
Cybereason raises $4.6M in funding
Cybereason, a Cambridge, MA-based provider of a platform to detect and terminate malicious operations perpetrated by hackers carrying out cybercrimes within enterprises, has emerged from stealth mode with $4.6m in Series A funding. Charles River Ventures (CRV) provided the funds. The company intends to use the funds to execute its go-to-market strategy. READ MORE
Codeship raises $2.6M in funding
Codeship this week announced $2.6 million in series A funding led by Sigma Prime Ventures & John Simon. Boston Seed Capital (Nicole Stata) & Devonshire Investors (David Jegen) are also participating along with a couple of angel investors. Plassnig says the series A will allow Codeship to invest in more developers, designers, and marketing people. In other words, "people who work on the product and make our product better for our existing customers," he says. READ MORE
BlueConic raises $3M in funding
BlueConic, a company that helps brands optimize cross-channel marketing opportunities through improved customer engagement, today announced a Series A round of $3 million led by Sigma Prime Ventures. The Series A round brings the company’s total funding to $7 million. BlueConic will use the funds to fuel aggressive expansion into the U.S. market, including moving its corporate headquarters and executive team to Boston and rapidly growing its sales and marketing presence. The move comes on the heels of the company closing out 2013 with 300% year-over-year annual revenue growth. READ MORE
Bit9 merges with Carbon Black and raises $38.25M
Bit9, the leader in advanced threat protection for endpoints and servers, today announced it has merged with Carbon Black, a next-generation security company with an architecture that enables rapid installation on every enterprise endpoint and server and delivers “incident response in seconds.” The combined entity, which retains the Bit9 name, is the only company that prevents and detects advanced threats on endpoints and servers and provides incident response in seconds. Financial terms of the transaction were not disclosed.
Bit9 also announced today it has raised $38.25 million to fuel the combined companies’ explosive growth as businesses race to protect themselves against the ever-increasing damage from advanced attacks.
PillPack raises $4M in funding
As reported by The Wall Street Journal, PillPack with offices in Somerviile, MA and Manchester, NH has raised $4M in funding. PillPack is an online pharmacy that is leveraging service and technology to simplify the management of complex medication regimes for the 32 million people taking more than 5 medications a month. PillPack's Series A round of funding was $3.5M with Atlas Venture and Founder Collective as investors. The company originally raised $550K upon graduating from TechStars. READ MORE
DataXu raises $10M in funding
As reported by The Boston Business Journal, DataXu in Boston, MA has raised $10M in funding. DataXu is transforming the way companies build their brands in a digital world through the industry’s only fully integrated programmatic marketing solution. Investors in the round of funding includes Atlas Venture, Flybridge Capital Partners, Menlo Ventures, and Thomvest Ventures.
Flashnotes raises $3.6M in funding
As per SEC filings, Flashnotes in Boston has raised $3.6M in funding. Flashnotes hosts an online marketplace where students buy and sell college study materials READ MORE
Moontoast raises $4.5M extension to Series B funding
Moontoast, the leading provider of social rich media advertising technology and services, today announced it has raised a $4.5 million extension to its 2013 Series B funding. The investment was made by the Martin Companies, a Nashville-based early-stage investment company. This latest round of financing was received on the back of the company's strong traction and results with brands that include Toyota, P&G, Nike, Lexus, Samsung, Microsoft, Hyundai, AMD and Nissan. The investment will be used to fuel this growth as well as expand the social rich media platform's multi-channel analytics and optimization. Read More
ZappRx raises an additional $1M in seed funding
ZappRx, a new mobile platform that automates the prescription management process, announced today that it has closed an additional $1million in seed funding. The round was led by current investor Atlas Venture and included a new investment from SR One, the venture arm of GlaxoSmithKline. READ MORE
Rocketmiles raises $6.5M in funding
Rocketmiles today announced that is has raised another $6.5 million to fuel expansion in the U.S. and international markets. The Series-A round was led by August Capital, with participation from existing investors Peterson Ventures, Link Ventures and Atlas Venture. New investors include Chicago Ventures and Sam Yagan, CEO at Match.com.
Launched less than a year ago, Rocketmiles is a travel-booking site that helps consumers get on vacation faster through a new class of miles ... READ MORE
Flytenow raises funding
The Boston Dorm Room fund is proud to announce its second investment, Flytenow. Led by Northeastern student and CEO Matt Voska, Flytenow is built from a passion that has resonate with Voska since childhood: the ability and accessibility to share and spread the experience of taking flight on a private plane. READ MORE
Practically Green raises $3M in funding
Practically Green, the leading provider of digital sustainability engagement programs, today announced that the company has closed a $3 Million Series A round of venture funding. The funding was led by CommonAngels, the Boston-based angel group focused on funding IT startups, and the clean-tech family office Pan Asia Solar, and supported by Clean Energy Venture Group and Launchpad Venture Group. The company will use the funds for product development, continued development of sustainability and CSR engagement programs, and further sales and marketing goals. As part of the announcement, Practically Green has also hired industry veterans, Mark Bissell to Head of Customer Success and Jim Tramel to Head of Sales. READ MORE
Change Collective raises $1.4M in funding
Change Collective has raised $1.4M in funding. Investors in the round include Founder Collective, NextView Ventures and Eniac Ventures. Change Collective is a a life betterment site/mobile app with a mission to give people "the tools to succeed with change." READ MORE
Kensho raises $10M in funding
Kensho, a pioneer in cloud-based intelligent computer systems capable of answering complex financial and market research questions posed in natural language, today announced that it has secured $10 million in seed funding. Investors from General Catalyst, NEA, Accel Partners, Google Ventures, Devonshire Investors (the private equity arm affiliated with Fidelity Investments), and other VCs participated. ‘Warren,’ the company’s groundbreaking virtual market research assistant, is currently being tested by a select set of asset managers and research teams. READ MORE
Drizly raises $2.25M in funding
Today, millions of people in New York City and Boston can have beer, wine and liquor delivered to their doorstep, thanks to Drizly, the new iPhone app from Drizly, Inc. The app will reach many more consumers and U.S. cities in the next six months as the company announces today a round of $2.25 million in seed funding to fuel its growth.
Conceived by three classmates from Boston College in 2011, Drizly is unlike any existing or rival system for delivering beer, wine and liquor. Drizly gives consumers the ultimate convenience of swiping their way to a fast and responsible on-demand delivery experience from their iPhone. Furthermore, the company’s turnkey solutions provide retail stores a simple, secure way to offer convenient, and responsible on-demand liquor delivery. READ MORE
Mendix raises $25M in funding
Mendix, the Boston-based app platform company for the enterprise, today announced the closing of a $25 million Series B investment. The round was led by Battery Ventures, with participation from existing investor Prime Ventures. The investment will fuel the company’s continued global expansion, product development and sales efforts, aggressively increasing its market share. It builds upon Mendix’s fast-growing community of developers, customers and partners who use the Mendix App Platform to deliver business applications faster than traditional development methods. READ MORE
Knome raises $13M in funding
Knome, Inc. announced that it has successfully closed a $13 Million financing round led by current investors. The funds will be used to promote growth and expansion of its genomic services and software systems businesses.
Since 2007, Knome, based in Cambridge, Massachusetts, has been a pioneer in the fast growing business of interpretation of next generation sequencing (NGS) genomic data. The company has used its bioinformatics expertise and proprietary technology platform across more than 130 projects for biopharmaceutical companies and academic institutions. READ MORE
ClearSky Data raises $12M in funding
As repoted by Scott Kirsner on his Innovation Economy blog: Serial entrepreneur Paula Long played the role of the fairy godmother in the story of ClearSky Data, a quiet new startup currently operating out of the Kendall Square offices of Highland Capital Partners...
Long, a founder of DataGravity and EqualLogic, introduced ClearSky's two founders, Ellen Rubin and Lazarus Vekiarides, last year. Rubin had previously been a founder of CloudSwitch... READ MORE
ikaSystems raises $15M in funding
ikaSystems, the premier provider of enterprise, cloud-based business process and automation solutions for payers, today announced funding from its existing investors following the record financial performance it achieved in 2013. READ MORE
Teespring raises $20M in funding
Providence, R.I.-based Teespring, a Y Combinator-backed startup that allows anyone to outsource the production and distribution costs involved with selling their own custom T-shirts, has raised $20 million in new funding in a round entirely led by Andreessen Horowitz. The funding, which closed around a month ago, will also see the firm’s Lars Dalgaard joining Teespring’s board. READ MORE
Sonian raises $8M extension to Series C bringing total round to $21.6M
There was a small amount of confusion earlier this week about Sonian's most recent round of funding, an $8M Series C extension that the company received in November.
Last spring, Sonian, the cloud email/data archiving platform, raised a $13.6M Series C Round of funding from OpenView Venture Partners, Summerhill Venture Partners, and Prism Venture Management. READ MORE
Confer raises $8M in funding
Confer, the first company to offer endpoint security via an open, threat-based, collaborative platform, today announced the company and its service offering. Confer has developed the world's first cyberthreat prevention network that secures servers, laptops and mobile devices from cyberattacks.
Built on a wirespeed, standards-based, threat-sharing platform, Confer allows companies to efficiently collect and share threat intelligence, enabling better protection while providing visibility into the behavior and intent of attackers, without requiring complex tools and deep security expertise. The company has secured $8 million in Series A funding from Matrix Partners and North Bridge Venture Partners. READ MORE
uTest / Applause raises $43M in funding
Just months after uTest’s 5th birthday, I’m excited to share that we’ve reached another major milestone. This morning we announced that we’ve closed a $43MM E Round, led by Goldman Sachs. This brings our total funds raised to more than $80MM across five rounds.
This announcement has far-ranging implications for our company. Coming ahead of our upcoming rebrand to Applause – and the expanded vision and offering that it entails – this funding serves as a major validation for uTest’s past and present and, even more so, for Applause’s future. READ MORE