Top News

  • Tuesday, June 30, 2015

    Adaptive Insights Finds $75M

    Palo Alto-based Adaptive Insights, a developer of cloud-based business management software, has raised $75M in a funding round, according to the company. The funding came from JMI Equity, along with Norwest Venture Partners, ONSET Ventures, Bessemer Venture Partners, Cardinal Venture Capital, Monitor Ventures, and Information Venture Partners. Adaptive Insights is headed by Tom Bogan, who is also the Chairman of Citrix Systems.Continue →

  • Tuesday, June 30, 2015

    Spire Snags $40M For Weather Satellite Data Network

    San Francisco-based Spire, a provider of weather satellite data, said today that it has raised $40M in a Series B funding. The funding was led by Promus Ventures, in addition to Bessemer Venture Partners, Jump Capital, RRE Ventures and Lemnos Labs. Spire says it offers up high fidelity weather and maritime information gathered from a constellation of 20 satellites. The company says it has now raised more than $80M in funding. Spire is led by Peter Platzer....Continue →

  • Tuesday, June 30, 2015

    Synopsys Buys Codenomicon

    Mountain View-based Synopsys, which develops electronic design automation (EDA) software, said Monday that it has acquired Codenomicon, a developer of security technology which is included in software embedded in chips and devices. Financial details of the buy were not disclosed. Codenomicon was based in Finland. Synopsys says it is buying Codenomicon to bolster its Coverity platform, to help protect its customers' softwre against security vulnerabilities....Continue →

  • Tuesday, June 30, 2015

    Cisco Buys OpenDNS

    San Jose-based Cisco said this morning that it will acquire San Francisco-based OpenDNS, which provides a private, DNS service to help deliver better security to PCs and other devices. Cisco said it will pay $635M in cash and assumed equity awards, plus retention-based incentives for OpenDNS, which becomes part of the Cisco Security Business Group....Continue →

  • Monday, June 29, 2015

    Uber Snags Mapping Technology, Engineers From Microsoft

    San Francisco-based Uber is reportedly buying up a number of mapping related technologies from Microsoft, and hiring around 100 engineers to work on mapping software at the ridesharing company, according to reports Monday afternoon. Financial details of the deal had not yet been announced. The deal comes as Uber has been on a major push for mapping technology, having acquired Nokia's mapping service in May, and purchasing San Jose-based mapping technology developer Decarta back in March....Continue →

  • Monday, June 29, 2015

    Xactly Has IPO Debut

    San Jose-based Xatly, which develops sales performance management software, saw a successful IPO on Friday, after pricing its IPO at $8.00 per share on Thursday evening. The company traded as high as $10.09 in trading on Friday, and is now hovering around $8.55 as of Monday morning. Xactly sold 7,037,500 shares of its common stock in the offering. Xactly's IPO had been underwritten by J.P. Morgan, Deutsche Bank Securities, UBS Investment Bank, Needham & Company, and Oppenheimer & Co....Continue →

  • Monday, June 29, 2015

    Drippler Finds $4.5M For News Reading App

    Palo Alto- and Israel-based news reading app developer Drippler has raised $4.5M in a Series A funding, the company disclosed this morning. The funding came from Titanium Investments, and also included TMT Investments, iAngels, along with Israeli angels Reuven Agassi, Yanki Margalit, David Assia, and Christian Gaiser. Drippler was founded by Matan Talmi, Dotan Galron and Ronen Yacobi. Drippler develops a news discovery app for Android and iOS.Continue →

  • Monday, June 29, 2015

    Meteor Development Group Buys Percolate Studio

    San Francisco-based Meteor Development Group, a developer of JavaScript application development software, has acquired Percolate Studio, the companies said Friday. Financial terms of the acquisition were not disclosed. Percolate Studio was co-founded by Zoltan Olah, who now joins Meteor. The companies said they will use the acquisition to launch a new, commercial developer subscription to provide technical support and design review assistance to its customers....Continue →

  • Friday, June 26, 2015

    Sunrun Files For IPO

    San Francisco-based residential solar power provider Sunrun has filed for an IPO, saying that it is looking to raise up to $100M in its offering. Sunrun has applied to list on the NASDAQ Stock Market as RUN. The IPO is being underwritten by Credit Suisse, Goldman Sachs & Co., Morgan Stanley & Co., BofA Merrill Lynch, RBC Capital Markets, as well as KeyBanc Capital Markets and SunTrust Robinson Humphrey....Continue →

  • Friday, June 26, 2015

    PayRange Raises $12M To Payment-Enable Vending Machines

    San Jose-based PayRange, a developer of technology which enables vending machines to accept digital payments, has raised $12M in a Series A funding, the company said Thursday. The funding was led by Matrix Partners. PayRange develops a device which plugs into the back of any vending machine, and allows a consumer's mobile app to be used to send payment, including credit cards, using Bluetooth Low Energy (BLE). The startup is led by Paresh Patel.Continue →

  • Thursday, June 25, 2015

    Zumper Snags $6.35M

    San Francisco-based Zumper, an online site which helps users find and rent apartments, has raised $6.35M in a Series A-1 funding, the company disclosed today. The funding came from Goodwater Capital and Kleiner Perkins Caufield & Byers. The company has previously also raised funding from NEA, Andreessen Horowitz, Greylock Partners, Crunchfund, Dawn Capital & xfund. Zumper is led by Anthemos Georgiades.Continue →

  • Thursday, June 25, 2015

    Matterport Finds $30M For Virtual Reality Software

    Mountain View-based Matterport said this morning that it has raised $30M in a Series C funding, led by Qualcomm. The company--which develops computer vision software which helps reconstruct real-life, physical space sin virtual reality environments--said that GIC and its other major investors also participated in the funding....Continue →

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