Madrona Launches Venture Labs

Madrona Venture Group officially inaugurated the Madrona Venture Labs, an in-house startup studio. The studio is already working with Spare5, and is working on additional companies to be launched in 2015. Madrona...

Israeli Startup On Indiegogo Promises Rain On Demand

Rain on Request just started a crowdfunding campaign in Indiegogo looking for $1 million, to make it rain on demand. How does one make it rain? The company says it uses...

Ektron Gets Equity Investment

Digital experience management software company Ektron has closed a second round of equity funding with Accel-KKR. This increased investment follows the investment made by Accel-KKR in April 2014, which was the company's first...

Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.

CipherCloud Raises $50M

Cloud security company CipherCloud has closed a $50 million round of financing. Transamerica Ventures led the round, joined by Delta Partners, and existing investors Andreessen Horowitz and T-Venture, the venture capital arm of...

Redbooth Raises $11M

Redbooth, a company working on enterprise-grade real-time collaboration software, has secured $11 million in a Series B round.  The investment was led by Altpoint Ventures and Avalon Ventures. Redbooth says the company has gained traction...

InsightSquared Raises $13.5M Series C Round

InsightSquared, a company that provides business intelligence software as a service (SaaS), has raised $13.5 million in a Series C round of financing. Existing investors Atlas Ventures, Draper Fisher Jurvetson, and NextView Ventures participated...

Bloc Raises $6M

Bloc, an online bootcamp for software development and design, has raised a $6 million Series A investment led by Shasta Ventures, bringing the total company funding to $8.5 million. Founded in 2012 by Roshan Choxi and Dave Paola, Bloc previously received a $2.5 million seed investment from Harrison Metal, Baseline Ventures, Learn Capital, and First Round Capital.

Revel Raises $100M

Revel Systems, the iPad Point of Sale (POS) platform that rivals Square, has raised roughly $100 million in Series C funding from New York City-based private equity firm Welsh, Carson, Anderson & Stowe and others. The round includes an initial $65 million investment from WCAS and an additional $25 million equity line available from WCAS. Sanjay Swani, a general partner at WCAS is joining Revel's board.

Elevate Digital Raises $4M

Elevate Digital, a developer of street-level interactive software technology, has raised a $4 million investment round. The funding was led by Advantage Capital Partner. The company says it will use the funding to continue the advancement of its interactive software platform and expand its IoT/ Smart City offering, among other things.

GM Invests In Telogis

Telogis has received an equity investment from GM Ventures, the venture capital subsidiary of General Motors. The financial terms of the transaction were not disclosed. The two companies also released the Telogis...

SotfBank Invests $627M In Indian E-Commerce Company Snapdeal

Japanese telecom and media group SoftBank is investing $627 million in Snapdeal, making it what the company says will be the largest investor in the Indian e-commerce company. SoftBank vice chairman...

Acumatica Raises $13M

Acumatica, a company that provides cloud accounting software, has raised $13.3 million. The investment was led by Australian accounting software firm MYOB, a company that is strategic OEM partner with Acumatica as well.This brings the total funding raised by the company to $30 million.

Quantopian Raises $15M

Quantopian, an algorithmic trading platform that lets users create trade based on algorithms they have generated, has raised $15 million in a Series B round of investment. The funding was led...

Thismoment Closes $17.6M Series D Funding

Marketing technology company Thismoment has closed a $17.6 million Series D funding round. The investment was led by led by Sierra Ventures, Trident Capital and UMC. The funding will be used for product development, says the company.