Monday December 23, 2024

Network analytics startup Kentik pulls in $23M Series B

 In a beacon of hope for onlooking founders, Y Combinator reject and network analytics startup Kentik Technologies, locked down a $23 million Series B this morning. Let’s be honest — most of us don’t know anything about network infrastructure. Fortunately for most of us, we can afford not to know. For internet service providers and companies […]

Distil scores $21 million Series C to crush bad bots

 Distil Networks, a company that helps discover and eradicate bad bots, announced a $21 million Series C round today. Funders include new investor Silicon Valley Bank along with previous participants Bessemer Venture Partners, Foundry Group and TechStars. It comes on the heels of another $21 million round in June, 2015 and brings the total raised to $65 million […]

On-demand staffing startup HourlyNerd lands $22 million Series C

 HourlyNerd, a Boston-based startup, aspires to be more than an on-demand staffing service for skilled employees. It wants to be a full-service platform for large companies to change the way they think about employees. “If you think about a company today, it’s structured in the same way as 100 years ago,” says company co-CEO and co-founder Rob Biederman. HourlyNerd […]

Lystable gets $11M Series A to push its gig economy SaaS in the US

 Ahoy there gig economy… Lystable, which makes a software tool focused on helping businesses manage freelancers, has closed an $11 million Series A round led by Peter Thiel’s Valar Ventures and Goldcrest Capital. Spring Partners also participated in the round. Read More Tweet This Post

User-generated content marketing platform Yotpo picks up $22M Series C

 Yotpo, a platform that lets companies solicit content from their users and customers in the form of reviews, Q&As, and photos and videos, for use across various marketing channels, has picked up $22 million in Series C funding. Read More Tweet This Post

TravelPerk gets $7M Series A to take the pain out of booking business travel

 Barcelona based TravelPerk, a business travel booking platform founded last year by a team of ex-Booking.com employees, has closed a $7 million Series A round of financing led by Spark Capital. Read More Tweet This Post

Demisto emerges from stealth with $6M Series A and smart bot to help automate security ops

 Demisto, a company founded by four security industry pros, emerged from stealth today with a pretty cool bot-driven security platform and $6 million in Series A. The round was led by Accel with participation from Cylance CEO Stuart McClure, Lookout CTO Kevin Mahaffey and Bluecoat President Mike Fey, all security industry veterans. What makes all […]

Showpad closes $50M Series C to keep growing its SaaS sales productivity platform

 SaaS startup Showpad which has built a platform designed to improve other businesses’ sales productivity has closed a $50 million Series C funding round, led by Insight Venture Partners — with Insight’s MD Jeff Horing now joining the Showpad board. Read More Tweet This Post

CoreOS raises $28M Series B round led by GV

 CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total, […]

Pivotal confirms Series C round is actually over $650 million

 Pivotal filed a Form D last week with the SEC, indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors EMC converted $400 million in debt to equity to account for the additional money recorded in the SEC form, according to a […]