Fundings & Exits
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BlueData, a company that helps customers generate virtualized big data clusters, announced a $20 million Series C round and a partnership with Intel today. Intel Capital led the round. Also participating were Amplify Partners, Atlantic Bridge, Ignition Partners, as well as a strategic investor who chose to remain anonymous. As part of the deal, Doug Fisher, senior vice president of Intel… Read More
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“We’re not trying to be the all-singing, all-dancing HR system. I don’t know how to be kickass at payroll” says Greenhouse CEO Daniel Chait. But what his startup is kicking ass at is hiring software. It now has over 800 customers including Slack and Pinterest, almost double the 450 it had when it announced its $13.9 million Series B in March. That progress, plus… Read More
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Last October, Mirantis, the pure-play OpenStack vendor announced a $100 million round. Just 10 months later, it’s back with an identical announcement. This time the investment is led by Intel Capital and includes a partnership with Intel to help accelerate OpenStack in the enterprise. Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures and… Read More
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AppInside, a tool designed to help app developers check for security vulnerabilities, announced a $2.3 million seed round from Boston’s Accomplice today.
When a company commissions an app, they are putting their brand’s reputation on the line when people download it to their tablet or smartphone, Elon Ohevya, co-founder and CEO of AppInside told TechCrunch.
Mobile devices… Read More
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“Hey Robot, make me a sandwich,” I yelled over the ruckus of Y Combinator Demo Day’s break room. The traditional catered lunch had been replaced with a new buffet: hardware startups. Sandwichbots, teabots, futuristic shower heads, and Internet-connected mattress covers lined the room’s perimeter inside Mountain View’s Computer History Museum. Read More
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Owlet, the teenie tiny bootie that goes on babies and informs you if they’ve stopped breathing, has raised a $7 million A round, adding some solid numbers to their already impressive $1.85 million seed. The company, led by Jordan Monroe, Kurt Workman, and Zack Bomsta, aims to use the cash to help prepare for its public launch. Read More
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AlienVault, a company that delivers a hybrid threat management solutions combined with a crowd-sourced threat intelligence platform, announced a $52 million investment round today. The company boasts 24,000 registered users with 2200 paying customers and has been adding 300-400 customers every quarter. Investors liked the growth trajectory and decided to pursue a round, company CEO Barmak… Read More
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Hardware took the spotlight at today’s Y Combinator Demo Day, reflecting a major shift of the accelerator beyond the cliche mobile app startup. Out of the 50 companies from the Summer 2015 batch that demoed on the record today, 20 featured hardware. What was formally the Demo Day lunchroom has become an expo hall for all manners of robots and gadgets. Tomorrow, another 50 or so startups… Read More
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Kik, the Canadian company behind the messaging app of the same name has announced $50M worth of funding from one of its partners, China’s Tencent (also the biggest internet company in China). This funding puts Kik’s total at $120.5M. The deal brings the company valuation into unicorn territory (the much-ballyhooed $1 billion mark.) Here’s what Kik’s CEO, Ted Livingston,… Read More
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