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  • Thursday, September 29, 2016

    Folloze Finds $7.3M

    Palo Alto-based Folloze, a developer of marketing software specifically designed for salespeople, has raised $7.3M in a funding round. The funding was co-led by Canvas Ventures and NEA, and also included Cervin Ventures and others. Folloze, led by Etai Beck, creates a platform that lets salespeople pick what they want to use in content campaigns from within their sales tools, managing account specific marketing to their customers from, MailChimp, and many other platforms....Continue →

  • Wednesday, September 28, 2016

    Contrast Security Gets $16M For Application Security Tools

    Palo Alto-based Constrast Security, a developer of application security software, announced this morning that it has raised $16M in a funding round. The funding came from General Catalyst Partners, plus Acero Capital, Ron Gula (Tenable Network Security), Paul Sagan (Akamai technologies) and John W. Thompson (Microsoft Corp.). Contrast Security's CEO is Alan Naumann. The company's technology is embedded into software apps, to block attacks and self-detect vulnerabilities....Continue →

  • Wednesday, September 28, 2016

    ProsperWorks Finds $24M For CRM Tools

    San Francisco-based ProsperWorks, a developer customer relationship management (CRM) software that integrates with Google Apps, said on Tuesday that it had raised $24M in a Series B funding round. The funding was led by Next World Capital, and also included Storm Ventures, True Ventures, Industry Ventures, Devoteam, and others. ProsperWorks is led by Jon Lee.Continue →

  • Wednesday, September 28, 2016

    Druva Downloads $51M More For Data Protection In The Cloud

    Sunnyvale-based Druva, which develops cloud-based, data protection software used by the enterprise, has raised $51M in a funding round, bringing its total raised to $118M. Druva said the new round was led by existing investor Sequoia India, and also included EBDI, Blue Cloud Ventures, Hercules Capital, plus NTT Finance, Nexus Venture Partners and Tenaya Capital....Continue →

  • Wednesday, September 28, 2016

    Altiscale Acquired By SAP

    Palo Alto-based Altiscale, a developer of technology which helps companies to implement Hadoop in their data centers, has been acquired by SAP, SAP said on Tuesday. Financial details of the acquisition were not announced. Altiscale had raised $42M in funding from Northgate Capital, Sequoia Capital, and General Catalyst Partners, and was led by CEO Raymie Stata.Continue →

  • Wednesday, September 28, 2016

    ServiceNow Launches Venture Capital Fund, ServiceNow Ventures

    Santa Clara-based ServiceNow, said today that it has launched ServiceNow Ventures, which will invest in companies around its ecosystem. The company said that ServiceNow Ventures will target investments in early stage companies that develop cloud-based applications, built on its platform, as well as growth stage vendors developing strategic technology integration with the ServiceNow platform....Continue →

  • Tuesday, September 27, 2016

    Color Genomics Captures $45M For Genetic Testing For Cancer Risk

    Burlingame-basd Color, a company which offers up genetic testing for cancer risk to the general public, has raised $45M in a Series B funding. The funding was led by General Catalyst, and also included U2's Bono, along with Susan L. Wagner, 8VC, Khosla Ventures and Emerson Collective. As part of the funding, Susan Wagner (formerly of BlackRock) and Hemant Taneja (General Catalyst) both join the company's board. Color is led by Elad Gil.Continue →

  • Tuesday, September 27, 2016

    Flexport Finds $65M

    San Francisco-based Flexport, which operates a shipping and frieght forwarding service aimed at helping companies to better manage their supply chain, has raised $65M in funding, the company said today. The Series B funding came from Founders Fund, Bloomberg Beta, Felicis Ventures, First Round Capital, Susa Ventures, Yuri Milner, and others along with new investor Joe Lonsdale of 8VC. Flexport said Founders Fund's Trae Stephens joins the company's board with the funding....Continue →

  • Tuesday, September 27, 2016

    Palantir Sued Over Discriminating Against Asian Software Engineers

    Palo Alto-based data analytics firm Palantir Technologies has been charged by the U.S. Department of Labor, for allegedly using discriminatory hiring policies and practices against Asian job applicants. According to the U.S. Department of Labor, Palantir--which is a big supplier of software and data analysis services to the U.S....Continue →

  • Tuesday, September 27, 2016

    Baynote Acquired By Kibo

    San Jose-based Baynote, a developer of cloud-based, e-commerce personalization software, has been acquired by e-commerce software developer Kibo. Financial terms of the acquisition deal were not disclosed. Baynote's CEO is Bill Hustad. Kibo is based in Dallas, Texas.Continue →

  • Monday, September 26, 2016

    Skyhigh Networks Finds $40M In Funding

    Campbell, California-based Skyhigh Networks, a developer of cloud-based security software for the enterprise, announced over the weekend that it has raised $40M in a Series D funding round. The funding was led by Thomvest Partners, and also included Greylock Partners and Sequoia Capital. The comapny said Umesh Padval, Venture Partner at Thomvest, has joined the company's board. Skyhigh Networks is led by co-founder and CEO Rajiv Gupta.Continue →

  • Monday, September 26, 2016

    MicuRx Pharmaceuticals Gets $55M For Antibiotics Development

    Hayward-based MicuRx Pharmaceuticals, which is developing oral and intravenous antibiotics to treat MRSA, has raised $55M in a Series C funding, the company announced this morning. The funding was led by GP Healthcare Capital, and also included GP TMT Capital, 3E Bioventures Capital, and Delian Capital. Yu Miao of GP Healthcare Capital joins the company's board with the funding. MicuRx is led by Zhengyu Yuan, Ph.D. MicuRx has now raised around $90M in total funding....Continue →

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