CloudZero (www.cloudzero.com), the first and only site reliability management platform for cloud computing, announces it has closed $5 million Series A venture capital, led by Matrix Partners and Underscore VC. Tim Barrows from Matrix Partners and Michael Skok from Underscore will join the board of directors. CloudZero will use the venture funding to open its company headquarters in Boston, grow its enterprise SaaS platform, and increase investment in its open source community.
Spiro Technologies, the provider of the first Proactive CRM, announced today a $3 million Series Seed funding led by Geekdom Fund with participation by MassVentures, Hyperplane Venture Capital and New Harbour Partners. MassVentures’ Vice President Jennifer Jordan will join the Spiro board of directors. Spiro will use the new investment to expand its sales, marketing and product development teams.
indico, provider of an artificial intelligence and deep learning software platform for content applications within the enterprise, today announced the appointment of Tom Wilde as president and CEO. Wilde takes the reins from co-founder Slater Victoroff, who will now focus full-time on advancing the company’s technology platform and product vision.
Dimensional Insight, a developer of business intelligence (BI) solutions for complex and highly regulated industries, today announced its acquisition of Infotool Norway (Infotool Norge AS). Through the acquisition, Dimensional Insight will open its newest office, Dimensional Insight Norway, thereby expanding the company’s footprint in Europe.
We’re pleased to announce that we’ve recently closed our second round of seed financing in the amount of $1.75M. Funding in this round was provided by existing investors Pillar, Accomplice, Founder Collective, and our terrific angel investors.
With the addition of Exa, Dassault Systèmes’ 3DEXPERIENCE platform will provide customers with a proven, diverse portfolio of combined Lattice Boltzmann fluid simulation technologies, as well as Exa’s fully industrialized solutions and nearly 350 highly experienced simulation professionals. This set of solutions solves challenging fluids problems faster and more accurately than traditional methods for aerodynamics, aeroacoustics, thermal management, and a growing list of applications in other industries.
Analytical Space (ASI), a Cambridge, MA-based developer of an optical communication data relay network in low Earth orbit to provide high throughput and low latency transmission services for remote sensing satellite operators, raised $3.5m in seed funding.