FutureAdvisor Secures $5,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b594d3e0-64d8-40a0-ae4f-d902f2444d5d&Preview=1 Date 8/22/2012 Company Name FutureAdvisor Mailing Address 122 S Jackson Seattle, WA 98104 Company Description FutureAdvisor takes academically researched portfolio management principles and applies them to your situation. Our recommendation algorithms are based on these principles and academic works. Website http://www.futureadvisor.com Transaction Type Venture Equity Transaction Amount $5,000,000 Transaction Round Series … Continue reading “FutureAdvisor Secures $5,000,000 Series A Funding”

TuneIn Obtains $16,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=07ecce19-dd11-495c-8620-fe46f498727c&Preview=1 Date 8/6/2012 Company Name TuneIn Mailing Address 29 W. 17th Street 10th Floor New York, NY 10011 Company Description The company provides radio content and tools online. Website http://www.tunein.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Undisclosed Proceeds Purposes TuneIn will use the new funding to scale the company’s … Continue reading “TuneIn Obtains $16,000,000 New Round”

MindSnacks Obtains $6,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=494fded7-34f6-4fa6-9265-62e25a6ab0bb&Preview=1 Date 8/2/2012 Company Name MindSnacks Mailing Address Undisclosed San Francisco, CA 94105 Company Description The company makes educational language games for mobile phones. Website http://www.mindsnacks.com Transaction Type Venture Equity Transaction Amount $6,500,000 Transaction Round Undisclosed Proceeds Purposes The funding will allow MindSnacks to hire additional talent to expand and develop geography … Continue reading “MindSnacks Obtains $6,500,000 New Financing”

Avalanche Technology Lands $30,000,000 Series D Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a11ff384-65b3-4f66-bf80-e8aa05e359b8&Preview=1 Date 7/31/2012 Company Name Avalanche Technology Mailing Address 48371 Fremont Blvd Fremont, CA 94538 Company Description Avalanche Technology set out to fundamentally change the $53B memory industry with a disruptive low power non-volatile magnetic memory. Not only solving the technology scaling challenges faced by existing charge based memories, Avalanche is also … Continue reading “Avalanche Technology Lands $30,000,000 Series D Financing”

Bit9 Adds $34.5M, Led by Sequoia, for Trust-Based Security Software

Waltham, MA-based security software firm Bit9 is announcing today that it has brought in $34.5 million in Series D funding, led by new investor Sequoia Capital. Return backers Atlas Venture, Highland Capital Partners, Kleiner Perkins Caufield & Byers, and .406 Ventures participated in the deal, which brings Bit9’s total raised to $82.5 million. In April … Continue reading “Bit9 Adds $34.5M, Led by Sequoia, for Trust-Based Security Software”

Bit9 Garners $34,500,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9aa090d1-c738-4ab9-a1c6-bed85ebe5607&Preview=1 Date 7/30/2012 Company Name Bit9 Mailing Address 266 Second Ave Waltham, MA 02451 Company Description Bit9 is the first company to solve the problem of unwanted software at the endpoint. Website http://www.bit9.com Transaction Type Venture Equity Transaction Amount $34,500,000 Transaction Round Series D Proceeds Purposes Bit9 will use this capital to … Continue reading “Bit9 Garners $34,500,000 Series D Financing Round”

Life Technologies Buys Navigenics in New Gene Diagnostics Strategy

Life Technologies (NASDAQ: [[ticker:LIFE]]), the Carlsbad, CA-based maker of gene sequencing equipment, says today it has acquired Navigenics, the venture-backed startup in Foster City, CA, that provides personalized genomics testing for consumers. Life says the deal represents the company’s first step in a strategy to build out its molecular diagnostics business through select acquisitions, internal … Continue reading “Life Technologies Buys Navigenics in New Gene Diagnostics Strategy”

Stripe Garners $20,000,000 Series B Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=815f458f-4935-47c9-af5c-591160f9aa1d&Preview=1 Date 7/10/2012 Company Name Stripe Mailing Address Undisclosed San Francisco, CA 94123 Company Description Stripe is a simple, developer-friendly way to accept payments online. We believe that enabling transactions on the web is a problem rooted in code, not finance, and we want to help put more websites in business. Website … Continue reading “Stripe Garners $20,000,000 Series B Round”

Boom or Bust? 11 Big Bets on the Future of Boston Tech

Just past the midway point of 2012, let’s take stock of the Boston-area technology scene. Not just because we care about what’s happening in the local community (which we do), but because what’s happening in the local community could have a big impact on some of the most important sectors in technology and business—across the … Continue reading “Boom or Bust? 11 Big Bets on the Future of Boston Tech”

Clustrix Secures $6,750,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0dad8524-1491-4745-9d41-56ce9c260cf9&Preview=1 Date 7/6/2012 Company Name Clustrix Mailing Address One Post Street San Francisco, CA 94104 Company Description We are building the next generation of highly scalable distributed infrastructure products. Our products make it possible to scale infrastructure just by adding nodes – without custom software engineering or special administrative activities. Website http://www.clustrix.com … Continue reading “Clustrix Secures $6,750,000 New Round”

ServiceNow IPO Tests Investors’ Mood After Facebook’s Downer IPO

ServiceNow, the San Diego-based provider of cloud-based services for managing enterprise IT operations, priced its IPO late yesterday at $18 a share, slightly higher than the initial range of $15 to $17 per share the company estimated in regulatory filings last week. The higher price suggests that underwriters expect investors will show an appetite for … Continue reading “ServiceNow IPO Tests Investors’ Mood After Facebook’s Downer IPO”

Kaminario Lands $25,000,000 Series D Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4a29ca17-b0fc-4f27-a9eb-e520a5ccfb1f&Preview=1 Date 6/7/2012 Company Name Kaminario Mailing Address 275 Grove St. Newton, MA 02466 Company Description Kaminario boasts world-class system, storage and applications performance professionals, with an experienced management team. Combined, they pool their knowledge and expertise in storage systems, networking, operating systems, BI and data processing to provide cutting edge products … Continue reading “Kaminario Lands $25,000,000 Series D Funding”

AssureRx Health Secures $12,500,000 Series C Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=398a14ef-288f-42ac-ad9a-8e9129bd7212&Preview=1 Date 5/31/2012 Company Name AssureRx Health Mailing Address 7264 Columbia Road Mason, OH 45039 Company Description Cincinnati-based AssureRx Health, Inc. is a personalized medicine company which specializes in pharmacogenetics and is dedicated to helping physicians determine the right drug at the right dose for individual patients suffering from medical conditions. Website … Continue reading “AssureRx Health Secures $12,500,000 Series C Funding”

MobileIron Garners $40,000,000 Series E Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e24880b8-59dd-4369-9715-840897c6ec72&Preview=1 Date 5/30/2012 Company Name MobileIron Mailing Address 415 East Middlefield Road Mountain View, CA 94043 Company Description MobileIron was founded to bring simplicity to the chaos of smartphones in the enterprise. Smartphones are quickly becoming the primary personal communications and computing platform for business. However, they introduce cost, risk, and usability … Continue reading “MobileIron Garners $40,000,000 Series E Round”

10gen Garners $42,000,000 Series E Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0f5b85a-6dab-4794-b485-fa420f68d077&Preview=1 Date 5/29/2012 Company Name 10gen Mailing Address 134 5th Ave Third Floor New York, NY 10011 Company Description 10gen is a new platform-as-a-service technology designed to help developers quickly and easily build dynamic, scalable, mission critical web sites and applications. Website http://www.10gen.com Transaction Type Venture Equity Transaction Amount $42,000,000 Transaction Round … Continue reading “10gen Garners $42,000,000 Series E Funding”

SunRun Garners $60,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=940f01fc-3e1e-4f23-84c5-976610d3f1a0&Preview=1 Date 5/23/2012 Company Name SunRun Mailing Address 45 Fremont Street, 32nd Floor San Francisco, CA 94105 Company Description SunRun is the nation’s first residential solar electricity provider. Pioneering solar as a service, SunRun offers the only low-cost, zero-hassle way for homeowners to go solar and is also the only company that … Continue reading “SunRun Garners $60,000,000 New Round”

Drawbridge Receives $6,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=06dbb50d-426d-48f3-ad20-a098e33482e5&Preview=1 Date 5/11/2012 Company Name Drawbridge Mailing Address 2121 S El Camino Real 7th Floor San Mateo, CA 94403 Company Description Drawbridge’s self-learning algorithm takes a mountain of consumer behavior data from both online and mobile ad requests and then tries to determine through an inference model if two users from a … Continue reading “Drawbridge Receives $6,500,000 New Financing”

SessionM, Sequoia, Braemar, and Charles River Ventures: A VC Roundup

Catching up on some venture capital news on a rainy Tuesday… —SessionM, a Boston-based mobile advertising startup, has raised $20 million in Series B funding led by Charles River Ventures, according to a report in Dow Jones VentureWire, which put the company’s valuation at around $100 million. The startup’s previous investors include Highland Capital Partners … Continue reading “SessionM, Sequoia, Braemar, and Charles River Ventures: A VC Roundup”

Birst Lands $26,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5dd6e19d-9d9f-48a2-b26e-5a7fea0b5a9b&Preview=1 Date 5/2/2012 Company Name Birst Mailing Address 153 Kearny St. San Francisco, CA 94108 Company Description Birst brings the benefits of fact-based decision making to a much broader range of organizations by providing analysis and reporting solutions that are quick to deploy, easy to use, and affordable. Website http://www.birst.com Transaction Type … Continue reading “Birst Lands $26,000,000 New Round”

Quantenna Communications Receives $79,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4cde6bdc-4437-435d-8897-7c66ecbcfdf0&Preview=1 Date 4/18/2012 Company Name Quantenna Communications Mailing Address 3450 W Warren Ave Fremont, CA 94538 Company Description Quantenna Communications Inc., is a fabless semiconductor company creating disruptive next generation MIMO based wireless chips with game-changing size, power, and performance characteristics. Website http://www.quantenna.com Transaction Type Venture Equity Transaction Amount $79,000,000 Transaction Round … Continue reading “Quantenna Communications Receives $79,000,000 New Funding Round”

SD Tech Roundup: ServiceNow Files IPO, On-Ramp Wireless, SwoopThat

Here are some news tidbits from the front lines of San Diego’s tech scene: —San Diego Venture Group President David Titus could hardly contain his enthusiasm at last week’s Rock Stars of Innovation Summit. His jubilance was prompted by a spate of venture-backed IPOs that came through in the waning days of March. Indeed, there’s … Continue reading “SD Tech Roundup: ServiceNow Files IPO, On-Ramp Wireless, SwoopThat”

FutureAdvisor Garners New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b594d3e0-64d8-40a0-ae4f-d902f2444d5d&Preview=1 Date 3/21/2012 Company Name FutureAdvisor Mailing Address 122 S Jackson Seattle, WA 98104 Company Description FutureAdvisor takes academically researched portfolio management principles and applies them to your situation. Our recommendation algorithms are based on these principles and academic works. Website http://www.futureadvisor.com Transaction Type Venture Equity Transaction Amount Undisclosed Transaction Round Undisclosed … Continue reading “FutureAdvisor Garners New Financing Round”

Appirio Obtains $60,000,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d5f103d-7761-4e72-933f-f09ffb5ef5e8&Preview=1 Date 3/15/2012 Company Name Appirio Mailing Address 2207 Bridgepointe Parkway San Mateo, CA 94404 Company Description Appirio delivers products and services that help companies more successfully adopt on-demand business solutions. Website http://www.appirio.com Transaction Type Venture Equity Transaction Amount $60,000,000 Transaction Round Series D Proceeds Purposes Appirio plans to use the funds … Continue reading “Appirio Obtains $60,000,000 Series D Financing Round”

Karma Receives $4,500,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=70fee62a-b7b7-431e-a932-1f1f5af077b4&Preview=1 Date 2/29/2012 Company Name Karma Mailing Address 120 2nd St 4th Floor San Francisco, CA 94105 Company Description Karma was founded in 2011 to revolutionize the way our friends, family, and colleagues give to one another. Website http://www.getkarma.com Transaction Type Venture Equity Transaction Amount $4,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds … Continue reading “Karma Receives $4,500,000 New Funding”

Stripe Garners $18,000,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=353cb237-c4df-4680-8fe0-def1376a1ae5&Preview=1 Date 2/11/2012 Company Name Stripe Mailing Address Undisclosed San Francisco, CA 94123 Company Description Stripe is a simple, developer-friendly way to accept payments online. We believe that enabling transactions on the web is a problem rooted in code, not finance, and we want to help put more websites in business. Website … Continue reading “Stripe Garners $18,000,000 New Funding”

Geeking Out with Evernote: The Photo Gallery

In the nearly five years since we started Xconomy, I’ve looked forward to few events more than our Silicon Valley “Xconomy Xchange” forum last night with Evernote CEO Phil Libin, Sequoia Capital partner Roelof Botha, and Morgenthaler Ventures partner Gary Little. I’m a longtime power user of Evernote’s online notekeeping application—it’s installed on my Mac, … Continue reading “Geeking Out with Evernote: The Photo Gallery”

Xconomy Event Tonight: Building the 100-Year Company at Evernote

Perhaps you’ve been meaning to buy a ticket to our big Silicon Valley event with Evernote CEO Phil Libin tonight, but you keep forgetting. Well, now’s the time to take action. We still have some tickets available online for $50 ($40 if you work for a startup)—but a walk-in ticket tonight will cost you $95. … Continue reading “Xconomy Event Tonight: Building the 100-Year Company at Evernote”

How to Be A 100-Year Startup: Video from Evernote CEO Phil Libin

When most startups reach a certain age—seven years, maybe nine; certainly, by the time they get acquired or go public—they stop being startups. They get slow and cautious. They lose the will to wow customers with unconventional ideas. Evernote hasn’t reached that age yet. And CEO Phil Libin hopes it never does. In a video … Continue reading “How to Be A 100-Year Startup: Video from Evernote CEO Phil Libin”

Avalanche Technology Lands $11,500,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=757439b9-5205-41aa-952a-dc49474dd915&Preview=1 Date 1/25/2012 Company Name Avalanche Technology Mailing Address 48371 Fremont Blvd Fremont, CA 94538 Company Description Avalanche Technology set out to fundamentally change the $53B memory industry with a disruptive low power non-volatile magnetic memory. Not only solving the technology scaling challenges faced by existing charge based memories, Avalanche is also … Continue reading “Avalanche Technology Lands $11,500,000 Series A Funding”

Evernote Wants to Make Your Memories More Magical

Cloud-based notekeeping service Evernote found its first 20 million users through sheer geek appeal. Hardcore users (full disclosure: that includes me) love the ability to upload Web clips, documents, images, audio files, and other materials to Evernote’s online notebooks, then search and retrieve them at will, from virtually any device. They also like features such … Continue reading “Evernote Wants to Make Your Memories More Magical”

Join Us Friday for a Tweetchat with Evernote Board Member Gary Little

If you tune your Twitter client to the hashtag #xcevernote this Friday at 11:00 am Pacific time / 2:00 pm Eastern time, you’ll be able to join me and Gary Little, a partner at Morgenthaler Ventures in Menlo Park, for a public conversation about what it takes to build startups that will survive and thrive … Continue reading “Join Us Friday for a Tweetchat with Evernote Board Member Gary Little”

Gene Security Network, Now Natera, Adds $20M For Prenatal Tests

A little more than 4 million children are born in the U.S. every year, and quite a few of those prospective parents are curious about potential genetic defects in their offspring. And so a group of investors are betting $20 million today that Redwood City, CA-based Gene Security Network is going to make some serious … Continue reading “Gene Security Network, Now Natera, Adds $20M For Prenatal Tests”

Natera Lands $20,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=575e4fb3-9b6f-40df-98c0-8261b0085c81&Preview=1 Date 1/6/2012 Company Name Natera Mailing Address 2686 Middlefield Road Redwood City, CA 94063 Company Description Natera is a genetic testing company that has developed a proprietary bioinformatics technology (Parental Support) to deliver accurate and comprehensive high throughput testing for reproductive indications from tiny quantities of DNA – as small as … Continue reading “Natera Lands $20,000,000 New Financing Round”

Mu Sigma Garners $108,000,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9ddb234e-d754-4c0a-a79f-92ecd454b72b&Preview=1 Date 12/28/2011 Company Name Mu Sigma Mailing Address 3400 Dundee Rd Northbrook, IL 60062 Company Description Mu Sigma is a knowledge process outsourcing firm that provides high quality analytical decision support services to its clients in a cost effective manner. Website http://www.mu-sigma.com Transaction Type Venture Equity Transaction Amount $108,000,000 Transaction Round … Continue reading “Mu Sigma Garners $108,000,000 New Round”

Tutorspree Reveals Sequoia Capital Led Its Seed Round

New York-based startup Tutorspree revealed that its $1 million seed round was led by Sequoia Capital with participation from Founder Collective, Lerer Ventures, Thrive Capital, SV Angel, and individual investors. Tutorspree is an online platform that lets tutors across the country post profiles to offer their expertise and receive reviews from the students they work … Continue reading “Tutorspree Reveals Sequoia Capital Led Its Seed Round”

Tutorspree Obtains $1,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3ed5d8eb-6274-49b5-b03e-037d4e943378&Preview=1 Date 12/21/2011 Company Name Tutorspree Mailing Address 36 East 12th Street New York, NY 10003 Company Description Tutorspree is a market place for high quality tutoring. Our tutors are all educators, and our students, well, they’re the best. The idea behind Tutorspree goes all the way back to high school. Back … Continue reading “Tutorspree Obtains $1,000,000 New Funding Round”

Houzz Lands $11,600,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ea54a4d-bc33-4882-bbcc-b9994aa8d2b3&Preview=1 Date 12/20/2011 Company Name Houzz Mailing Address Undisclosed Palo Alto, CA 94301 Company Description Houzz is a community and photo database for home design enthusiasts, with the largest collection of high quality home design photos available online. Website http://www.houzz.com Transaction Type Venture Equity Transaction Amount $11,600,000 Transaction Round Series B Proceeds … Continue reading “Houzz Lands $11,600,000 Series B Funding”

Gary Bloom: The Search-and-Rescue CEO Who Sold eMeter to Siemens

Some Silicon Valley CEOs moonlight as racecar drivers, others as winemakers. Gary Bloom, the outgoing CEO of San Mateo, CA-based eMeter, is probably the only one who spends his off hours as an emergency-response volunteer. Bloom trained a Menlo Park, CA-based FEMA disaster team that helped with the federal responses to Hurricanes Ivan and Gustav. … Continue reading “Gary Bloom: The Search-and-Rescue CEO Who Sold eMeter to Siemens”

How To Build A 100-Year Company? Ask Evernote’s Phil Libin on Feb. 7

I’m a power user of Evernote, the Web-based notekeeping service used by more than 16 million people around the world. I’ve got Evernote’s applications and extensions installed on my Mac, my iPhone, my iPad, and my Web browser, and I’ve saved thousands of items in the system, dating back to June 2008 (the wildflower photo … Continue reading “How To Build A 100-Year Company? Ask Evernote’s Phil Libin on Feb. 7”

7 Questions LPs Should Ask VCs (But Don’t)

It’s that time of year: annual investor meetings for limited partners (LPs). LPs are the people who fund venture firms and the general partners (GPs) are the people who lead them. At these meetings, LPs pour over general partners’ (GPs’) reports, calculate TVPI (total value: paid in)/ IRR (internal rate of return), digest confidential past … Continue reading “7 Questions LPs Should Ask VCs (But Don’t)”

Trippy Lands $1,750,000 New Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=33c9a163-ba34-404e-b523-51c5bb52d31b&Preview=1 Date 11/15/2011 Company Name Trippy Mailing Address Undisclosed San Francisco, CA 94105 Company Description Trippy is the first web and mobile app designed to let your friends plan your trip, helping you travel better. It’s a friend-sourced solution solving the long-standing problem of untrustworthy and irrelevant travel content. Website http://www.trippy.com Transaction … Continue reading “Trippy Lands $1,750,000 New Funding”

Virident Systems Garners $21,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f886fee6-0558-4b0c-8a5f-ae2d84eb1ec9&Preview=1 Date 11/10/2011 Company Name Virident Systems Mailing Address 500 Yosemite Drive Milpitas, CA 95035 Company Description Virident Systems enterprise-class Storage Class Memory (SCM) solutions deliver unconditional, consistent performance that supports the most data intensive content and applications. The inherent advantage associated with this disruptive technology revolutionizes computing by speeding application response … Continue reading “Virident Systems Garners $21,000,000 Series C Round”

Xconomist of the Week: Phil Libin, Evernote, and the Death of the Exit

Xconomist Phil Libin, the CEO of Mountain View, CA-based Evernote, is a little unusual among his Silicon Valley brethren. He’s on the record as saying that the online notekeeping startup doesn’t want to be acquired. “There has never been an exit strategy at Evernote,” he wrote in an FAQ-style blog post after Evernote raised $50 … Continue reading “Xconomist of the Week: Phil Libin, Evernote, and the Death of the Exit”

Sencha Garners $15,000,000 Series B Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=75e2f133-6eb0-4f02-a6f7-fb71a20e04c9&Preview=1 Date 10/25/2011 Company Name Sencha Mailing Address 1700 Seaport Boulevard Redwood City, CA 94063 Company Description Sencha Touch is the world’s first app framework built specifically to leverage HTML5, CSS3, and Javascript for the highest level of power, flexibility, and optimization. We make specific use of HTML5 to deliver components like … Continue reading “Sencha Garners $15,000,000 Series B Financing Round”

Moneyball—It’s Not Just About Baseball

Are we trying to sell jeans here or are we trying to win baseball games?—Billy Beane, Oakland A’s General Manager Baseball scouts used to judge players on looks. Moneyball, as a method, revolutionized the evaluation of baseball talent. It correlates, connects and coagulates all performance metrics (aka stats) to determine offensive or defensive production per player. … Continue reading “Moneyball—It’s Not Just About Baseball”

Achievers Secures $24,500,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7902eda8-1a36-48e8-8afa-48cbbf30ff84&Preview=1 Date 9/28/2011 Company Name Achievers Mailing Address 1 Broadway 14th Floor Cambridge, MA 02142 Company Description Achievers (formerly I Love Rewards) is passionate about employee rewards and Social Recognition. Our software helps engage employees and inspire performance globally. Achievers’ customers include Deloitte, 3M and Microsoft. The Social Recognition platform provides performance-based … Continue reading “Achievers Secures $24,500,000 Series C Funding Round”

MongoDB Wizards Work to Make 10gen the Red Hat of Databases

Database designers are the secret wizards of the Web revolution, and they’ve been busy writing new spells. Deep inside the castle at each of today’s leading Web companies there’s at least one custom “NoSQL” database keeping things running: Google has Big Table, Amazon has Dynamo, Facebook built Cassandra, and LinkedIn has Project Voldemort. Seriously. In … Continue reading “MongoDB Wizards Work to Make 10gen the Red Hat of Databases”

Sequoia Capital’s Greg McAdoo on Consumer Web and Cleantech Trends, Boston Vs. New York, and Recruiting at MIT

Is there anything worse than a Silicon Valley VC coming to Boston to poach talent from the startup ecosystem? OK, that’s not really what Greg McAdoo is about. The Sequoia Capital partner was in town last weekend, in part for the Startup Bootcamp event at MIT (and related meetups), which featured talks by a number … Continue reading “Sequoia Capital’s Greg McAdoo on Consumer Web and Cleantech Trends, Boston Vs. New York, and Recruiting at MIT”

Mintigo Lands $9,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=cbac8a42-c85c-4ddf-b075-5078c45ec97c&Preview=1 Date 9/23/2011 Company Name Mintigo Mailing Address 3000 Sand Hill Road Menlo Park, CA 94025 Company Description Today’s biggest challenge for businesses is to extract meaningful customer insights out of big data sets. Mintigo specializes in turning big-data into new customers. Website http://www.mintigo.com Transaction Type Venture Equity Transaction Amount $9,000,000 Transaction … Continue reading “Mintigo Lands $9,000,000 Series B Funding”