Saturday January 11, 2025

Joe Stump And Graham Blache Launch Sprintly, Project Management Streamlined

It’s been only a month since SimpleGeo co-founder Joe Stump left his last company, following its acquisition by Urban Airship, but he’s already launching a new product (and company) today called Sprintly. The company was actually founded in March by Stump’s co-founder Graham Blache, and Stump tells me he’s “been plotting this product for nearly a […]

GramercyOne Raises $14.5M From Revolution, Others For Cloud-based Business Management Software

GramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing. The funding round was led by Revolution Ventures (which is chaired by AOL founder Steve Case) with participation from Grotech Ventures, TDF and Jubilee Investments. Launched in 2010, GramercyOne offers a product called Booker […]

Oracle Buys Enterprise Search And Data Management Company Endeca

Oracle has acquired Endeca, a company that powers enterprise search for large companies. Financial terms of the deal were not disclosed. Endeca has raised a total of $65 million from Bessemer, Venrock, Intel, SAP, Ampersand Capital Partners, DN Capital and Lehman Brothers. Endeca’s core technology enables companies to correlate and analyze unstructured data and provides […]

Vitrue Updates Social Media Management Platform For Brands With Deeper Analytics And More

Vitrue, a social media marketing company, is rolling out version 3.0 of its social media management platform for brands. New features include localization and enhanced analytics and metrics within one dashboard interface. As we’ve written in the past, Vitrue’s SaaS platform allows brands and marketing agencies to communicate with fans and consumers across Facebook, YouTube […]

IBM Buys Risk Management Analytics Company Algorithmics For $387 million

Is IBM making up for lost time? After acquiring crime data intelligence software developer i2 yesterday, Big Blue is announcing another purchase this morning. The company is buying Canadian risk management analytics software developer Algorithmics for $387 million. Algorithmics’ risk analytics software, content and advisory services are used by banks, investment and insurance businesses to […]

6fusion Raises $7 Million For Cloud Infrastructure Management Software

6fusion, a provider of cloud infrastructure management software and services, this morning announced that it has raised $7 million in a Series B round of funding led by Grotech Ventures. Previous backer Intersouth Partners also participated in the round. The company provides an end-to-end cloud management platform that enables global workload distribution by turning companies’ […]

BigTime Raises $2M For Cloud-Based Time And Billing Management Software

BigTime Software, which offers cloud-based productivity software tools to professional services firms, this morning announced that it has raised $2 million in Series A funding in a round from LTC Partners, Geneva Venture Investment Management, Hickory Grove and Howell Capital. The company delivers time, billing and practice management software-as-a-service that integrates with Intuit QuickBooks to […]

Khosla, Greylock, Andreessen Horowitz Put $16.5M In Enterprise Cloud App Management Startup Okta

Enterprise cloud app management company Okta has raised $16.5 million in Series B funding from Greylock Partners, Khosla Ventures, Andreessen Horowitz and FLOODGATE. This brings the company’s total funding to $28 million. Okta is a cloud application management service. Okta’s platform allows companies to have control of their users, applications, and data both in the […]

ScaleXtreme Raises $11 Million For Cloud-based Systems Management Software

ScaleXtreme, a vendor of cloud-based systems management products, this morning announced it has landed $11 million in Series B funding in a round led by Ignition Partners with participation from previous backer Accel Partners. Frank Artale, managing director at Ignition, will join the board that includes Ping Li from Accel and ScaleXtreme’s Nand Mulchandani and […]

iControl Lands Over $50 Million For Broadband Home Management Software

iControl Networks, a provider of broadband home management software solutions, this morning announced that it has raised over $50 million in Series D funding, bringing total investment in the company to more than $100 million. The round was led by energy and clean tech investors, with notable backers like Cisco, Comcast Ventures, Intel Capital, Charles […]