AlphaPoint Raises $1.35M

Financial technology platform provider AlphaPoint has raised $1.35 million in funding. Investors in the round include Scott Becker of Google-acquired Invite Media, Gabriel Weinberg of DuckDuckGo, Robin Hood Ventures, and Ben Franklin Technology Partners, among other angel investors.

Loggly Raises $15M

Loggly, a company that provides cloud-based enterprise-class log management solutions, has secured $15 million in Series C venture financing. Harmony Partners led the round, with existing investors Matrix Partners, Trinity Ventures, Cisco, Data Collective, and True Ventures also participating. This brings the investment raised by the company to date to $33.4 million.

VoloMetrix Raises $12M

Analytics software company VoloMetrix has secured $12 million in Series B funding round, led by Split Rock Partners. Existing investors Shasta Ventures also participated in the financing. This brings the company's overall funding to $17 million.

Product Hunt Raises $6.1M

Product Hunt, a community curated product discovery platform, has raised $6.1 million in a Series A round of funding led by Andreessen Horowitz with participation from reddit co-founder Alexis Ohanian. Existing...

NantHealth Raises $320M

NantHealth, the health care technology division of billionaire Patrick Soon-Shiong’s Culver City holding company NantWorks, has closed $250 million in funding from the Kuwait Investment Authority (KIA). KIA had previously invested $100 million in NantHealth this April....

Reddit Raises $50M

Social news and user-generated content platform Reddit has secured a $50 million round of funding. The investment was led by Sam Altman, the president of Y Combinator (out of which Reddit launched in...

Houzz Raises $165M

Home remodeling site Houzz has raised $165 million in funding. The investment was led by Sequoia Capital with participation from existing investors Oren Zeev, New Enterprise Associates, GGV Capital, and Kleiner...

Datorama Raises $15M

Marketing intelligence company Datorama has closed a $15 million financing round. The investment was led by Marker and Eric Schmidt's Innovation Endeavors. Existing investor Cedar Fund also joined the round. The company says it will use the funds primarily to amp up its sales and marketing team as it continues to expand into new markets.

Context Relevant Raises $13.5M Series B-1 Round

Seattle-based big data analytics company Context Relevant has completed a $13.5 million Series B-1 round of funding. Investors in the round include Goldman Sachs, Bank of America Merrill Lynch, Formation 8, New York Life,...

Udacity Raises $35M, To Offer ‘Nanodegrees’

Udacity has closed a financing round of $35 million. The investment was led by Drive Capital. Other participants in the round include Bertelsmann in Germany, Recruit in Japan, and Valor Capital in Brazil, as well...

Radius Raises $54.7M

Radius, a San Francisco-based company that offers a marketing intelligence platform, has raised $54.7 million in a funding round from investors including Founders Fund, Glynn Capital Management, Formation 8, Yuan Capital, John Mack formerly of Morgan Stanley, Charles Songhurst formerly of Microsoft, actor and entrepreneur Jared Leto, BlueRun Ventures, Dave Morin, Kevin Colleran, and Western Technology Investments. This brings the company's total rounding to $80 million.

HoneyBook Raises $10M

HoneyBook, an event-planning site for vendors and their clients, has raised $10 million in a Series A round of funding. The investment was led by Aleph VC, with participation from Hillsven Capital, Ooga Labs and angels including Ev Williams and Naval Ravikant.

EdCast Raises $6M

EdCast, a Stanford StartX company that creates knowledge cloud platforms for organizations to collaborate upon, has completed a $6 million Series A round of financing led by SoftBank Capital. Mitch Kapor (Kapor Capital), Menlo Ventures, Novel TMT Ventures, Cervin Ventures, Aarin Capital, NewSchools Venture Fund/ CoLab, and the Stanford StartX Fund.

Duo Security Raises $12M

Duo Security, a company that provides cloud-based two-factor authentication, has raised $12 million in Series B funding. The investment was led by Benchmark Capital. Google Ventures, True Ventures and Radar Partners also participated in the round. Duo Security is primarily based in Ann Arbor, Michigan and has recently expanded operations on the East and West coasts.

PrecisionHawk Raises $10M Institutional Round

PrecisionHawk, a company that builds unmanned aerial vehicles equipped with cameras and sensors that can be used for surveying terrain, has raised $10 million in a second round of institutional funding. Millennium...