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SaaS
InsightSquared, a SaaS company focused on business intelligence for the
SMB market, has received $4.5 million in Series A funding. The round
was led by Atlas Venture with participation from Bessemer Venture
Partners, NextView Ventures and salesforce.com.
InsightSquared has developed a Software-as-a-Service (SaaS) platform that
enables small and mid-sized businesses to benefit from the predictive
value of traditional business intelligence without the traditional cost
and complexity. Today, the company announced a Salesforce integration
that provides real-time, intuitive visualization to increase sales and
productivity.
Veracode, Inc., the leader in application security services, today announced it has secured $30M in additional funding from Meritech Capital Partners and existing investors -- Atlas Venture, .406 Ventures and StarVest Partners. Veracode is the only company that can provide scalable application security as a service to help commercial enterprises and government agencies address the acute threat posed by hackers.
Energy Points today launched the world’s first universal metric for measuring sustainability,
empowering businesses to make quantitative and intuitive project
decisions across all environmental domains – including fuel,
electricity, transportation and water.
The company also announced that it secured a $3 million initial round
of financing led by Plan B Ventures. The financing will be used to
launch and accelerate the adoption of The EnergyPoints™ platform
– the first Software-as-a-Service (SaaS) platform to power quantifiable
and measurable sustainability decisions. As part of the financing,
Plan B Ventures partner Barbara Goldman will join Energy Points’ board
of directors.
As per SEC filings, Silverlink Communications in Burlington, MA has raised $2M in funding. Silverlink provides services that enable healthcare enterprises to dramatically improve the effectiveness of their communications programs by engaging and driving the behaviors of healthcare consumers.
ClickSquared, a global provider of cross-channel marketing software and services today announced the closing of a $9 million round of equity financing, led by Staley Capital and including the company’s existing group of investors – Flybridge, JMI Equity and ABS Ventures.
Boston and Nashville-based technology company, Moontoast, creator of social commerce software, has recently secured $6,000,000 in new funding. The round was led by Nashville, TN based venture capital firm, The Martin Companies. Other current investors are also participating in the round.
The Moontoast Platform is a Social Activation Engine for brands to grow and build stronger relationships with their fans and customers. By distributing social campaign modules for promotions, events, downloads and commerce wherever fans spend their time, Moontoast is able to provide high quality social analytics insights to drive more relevant interactions, thereby activating fans to advocate for and to transact directly at the point of impression with brands to drive meaningful business results. Moontoast’s Platform includes Distributed Social Commerce Stores, Patent-Pending Social Analytics to give brand’s social insights and Patent-Pending Game Commerce to easily incorporate gamification elements that target different behavior-type consumers.
As reported by Mass High Tech, Zmags in Boston, MA has raised $7M in a debt funding round. Zmags helps thousands of the world’s most progressive retailers and brands drive product discovery and inspire purchase by creating a deeply immersive and compelling consumer shopping experience across all digital touchpoints. Using the Zmags on-demand rich media merchandising platform, businesses measurably and dramatically increase customer engagement, conversion rates, order size and brand loyalty.
Mendix, a leader in the PaaS (Platform-as-a-Service) market, today announced the closing of a $13 million Series A round of financing. The round was led by Prime Ventures, with HENQ Invest following on its earlier seed investment. The investment will support the company’s international expansion and fuel its global sales efforts, building upon its fast growing partner network and user community.
CashStar announced that it has secured $12 million in funding to support its growth in the digital gifting business, a rapidly growing segment of the $90 billion plus gift card market. The round was led by FTV Capital and included existing investors Steven Boal, president and CEO of Coupons.com, and Passport Capital. The funding will be used to help drive continued adoption of digital gifting and grow CashStar's retail brand network. Mandarin Oriental Hotel Group is another brand that has just partnered with CashStar to offer consumers a more personalized way to gift and incent.
SSI Investments II Limited (the "Company"), a parent company of SkillSoft Limited (formerly SkillSoft PLC) ("SkillSoft"), a leading SaaS provider of on-demand e-learning and performance support solutions for global enterprises, government, education and small- to medium-sized businesses, today announced that its indirect subsidiaries, SkillSoft Corporation and SkillSoft Ireland Limited (the "Buyers") have acquired the Element K business from NIIT Ventures, Inc., a subsidiary of NIIT Limited. Under the terms of the agreement, pursuant to which the transactions contemplated by the agreement closed effective today, the Element K business was acquired for $110 million in cash, subject to adjustments.
September 22, 2011: As per SEC filings, DisruptiveApps in Beverly, MA has raised $1.2M in funding. DisruptiveApps is an Angel Funded startup based in Boston, Massachusetts, currently preparing to launch it's initial SaaS, the iJukebox music service for retailers throughout the US and Canada.
April 5, 2010: Brightcove confirms that the company has closed a $12 million Series D round of financing led by Accel Partners and General Catalyst. Other existing investors, including AOL, Hearst, AllianceBernstein, Maverick, and Brookside Capital, also participated in the Series D.
Brightcove announced today the closing of a $59.5 million strategic
funding round that will allow the Internet TV company to accelerate
international expansion and solidify a market leading position as the
Internet TV market matures and consolidates in the coming year.
Led by AllianceBernstein L.P., Brookside Capital LLC, Maverick Capital,
Ltd., the funding round also includes investments from The New York
Times Company (NYSE: NYT), and Transcosmos Investments & Business
Development, Inc., as well as all of the company's existing strategic
and financial investors: Accel Partners, Allen & Company LLC, AOL
(NYSE: TWX), General Catalyst Partners, The Hearst Corporation, and
IAC/InterActiveCorp (Nasdaq: IACI). Morgan Stanley (NYS: MS) and Allen
& Company served as placement agents for the financing.
Cambridge's BrightCove Inc., a developer of an open Internet TV service for video producers and programmers, has secured a new round of growth capital financing worth $5 million. GE - Global Media & Communications, a division of GE Commercial Finance, led the round, which closed on September 1.
BrightCove's previous round of funding, its second, came last November, when it landed $16.2 million from America Online Inc., IAC/InterActiveCorp., Hearst Corp. and Allen & Company LLC. The new round of funding brings the company's total amount raised to $26.2 million.