Fundings & Exits
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Apttus Enjoys A $108M Round As Business Grows Leaps And Bounds
Just a couple of years ago Apttus, a quote-to-cash SaaS company built on top of Salesforce.com, had a couple of hundred employees. Today it has 900 and projects more than 1,000 by the end of the year. And it’s not hiring all of those bodies for nothing. The company’s year-over-year growth is in the 60 percent range. While not willing to provide an exact figure, it claims to have… Read More
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Wiselike, The Q&A Platform For Professionals, Picks Up $1.25M In Seed Funding
There is no shortage of Q&A platforms on the web. But today, a new startup with fresh funding is looking to repurpose the Q&A format into something more valuable for the asker, the answerer, and the general viewer.
Meet Wiselike, which has just picked up $1.25 million in seed funding led by GGV Capital, with participation from 500 Startups, GREE and more.
Here’s how it… Read More
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Mobile Gaming Live-Streaming Service Mobcrush Has Raised Around $10M
We’ve heard from sources that Mobcrush, a live-streaming service centered around mobile games much in the same way Twitch is known for streaming popular eSports desktop games, has raised around $10 million in new financing, though the number could have gone beyond that.
Mobcrush’s bet is that mobile game streaming will be as big — if not bigger — than some of the… Read More
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iZettle Gets $67M To Expand From Mobile Payments To Small Business Financing
European mobile payments player, iZettle, is expanding into what amounts to small business loans — announcing a capital advance product, called iZettle Advance, which will be available to select iZettle customers who need funds to grow their own businesses. So it’s basically moving onto even more of the territory where traditional banks fear to tread. Read More
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Narvar, A Service That Improves Online Post-Purchase Experiences, Raises $10M
Narvar, a startup that enables companies to better engage with customers after online purchases, said it has raised $10 million. Narvar provides companies with software that improves the post-purchase experience. That can include a better interface when it comes to shipping, more detailed text updates, and then of course options to return products and buy new ones. Those updates can even also… Read More
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Life360 Acquires Chronos To Add “Quantified Self” Tracking To Its Family Locator App
Life360, the maker of mobile applications for iOS, Android and Windows Phone that help keep families connected, has acquired Chronos Mobile Technologies, a startup behind a number of mobile apps that passively collect data from users’ smartphones in order to highlight trends and connections between various behaviors. Terms of the deal were not disclosed, but Chronos had closed on a… Read More
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Lugg, An App For On-Demand, Short-Distance Moves, Raises $3.8 Million
While Uber, Lyft, and similar ride-sharing services can help you get from one place to the next, they aren’t practical for hauling your large purchases – like those from an IKEA shopping spree, or a sofa you found on Craigslist, for example. That’s where a service called Lugg comes in. If Lyft is like your friend with a car, then Lugg is like your friend with a truck.
The… Read More
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Hybrid Cloud Vendor Velostrata Comes Out Of Stealth With $14M Investment
Velostrata, an early stage hybrid cloud startup, emerged from stealth today announcing a $14 million Series A investment. The round was led by Norwest Venture Partners and Greylock IL Partners. The company has a sophisticated hybrid cloud solution that decouples storage from compute resources, leaving the storage in place on-premises while running a virtual machine in the cloud. The… Read More
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ZeroStack Hopes To Put Private Clouds Within Reach of Mid-Market
ZeroStack, a company that hopes to help mid-market companies set up a private cloud more easily, exited stealth today and announced $5.6 million in Series A funding. The round was led by Foundation Capital. ZeroStack also announced that Mark Leslie, founder and CEO and Veritas will be joining the board of directors. The promise of private clouds has been mostly confined to larger… Read More
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Hortonworks Acquires Onyara, Early Startup With Roots In NSA
Hortonworks, the big data company built on Hadoop, bought early-stage startup Onyara today. The company, which launched at the end of last year, has its roots in the NSA — yes that NSA. The Onyara engineers worked at the NSA for 8 years helping to develop a technology that would later be known as Apache NiFi. The NSA released the technology to the open source community last year as… Read More
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