Lumo Bodytech Raises $10M

Lumo Bodytech a Palo Alto, California based startup that offers posture and activity tracking devices, has recently raised $10 million in a round led by WuXi Healthcare Ventures. Existing investors Madrona Venture Group, Innovation Endeavors, AME Cloud Ventures, and Innovalue Capital also participated in the round. Read More

Bidgely Raises $16.6 Million in Series B

Bidgely an energy conversation based SaaS startup has raised $16.6 Million in Series B recently, adding more investors (Constellation Technology Ventures, E.ON, RWE) onboard.

The funding will mainly go to HomeBeat™, the  consumer engagement product suite for home energy management and scale commercial deployment globally. Read More

Spigit; the SaaS Provider for Crowdsourcing Innovation Raised $13M

Spigit, the leading SaaS provider for crowdsourcing innovation has recently announced $13M funding raised by it’s parent company Mindjet Corporation.

The round that raised $13 million was led by its largest current investor, Investor Growth Capital (“IGC”) and Spigit intends to utilize the funds to expand its global sales and marketing efforts, as well as extend the research and development operations. Read More

Square IPO to Watch Next Week

Square, a financial services startup is all set for its IPO price range this week, as reported by several tech news giants.

CNBC reported citing its sources that Square is set to begin trading publicly the week before Thanksgiving, whereby Square’s senior management will present the company to investors as they go on their IPO roadshow next week. Read More

Tintri Raises $125M in Recent Round; IPO Could be the Next Update

Tintri has recently raised $125M in a recent round led by Silver Lake Kraftwerk. Tintri’s existing investors Insight Venture Partners, Lightspeed Ventures, Menlo Ventures and NEA also participated. The round brought the amount to a total $260 million.
Tintri develops storage solutions for virtual applications i.e. a flash-hard drive hybrid storage appliance and works with companies specifically building virtual applications. Tintri has actually defined its own storage category it calls ‘VM-aware storage (VAS)’. Read More

Two Bit Circus; the High-Tech Circus Act Receives $6.5M from Intel & Techstars

When it comes to funding a startup, the idea matters most as it’s the reason behind the value that it’s delivering to the masses and one may think circus as a non-fundable startup, but it all went opposite when the modern traveling technological spectacle known as Two Bit Circus has scored $6.5 million dollars in Series A funding. Read More

AlienVault Eyes Towards IPO with Successful $52M Round

AlienVault; the hybrid threat management solutions platform which is combined with a crowd-sourced threat intelligence platform has recently announced a $52 million investment round.

AlienVault with 24,000 registered users and 2,200 paying customers is making buzz around. The number of active customers is reported to be  increasing 300-400 customers every quarter. So, there’s nothing to speculate why the investors chose the company. Of course, the fast pace growth is enough reason for them to take decision! Read More

CloudFlare with $110 Million Round Hints IPO Next Year

CloudFlare has announced a $110 million round led by Fidelity Investments and according to experts whenever a big round is led by a public market investor like Fidelity, it’s like firing off a flare that the IPO moment is coming! Read More

Kik Raises $50M From Tencent Making a Total of $120.5M So Far

Kik, the Canadian company behind the messaging app “Kik” is backed with $50M worth of funding from one of its partners. The funder is China’s Tencent (also the biggest internet company in China).

With this huge funding round, the total funding of Kik’s jumps to $120.5M. Kik’s CEO, Ted Livingston, announced the funding. Read More

Alteryx Scores $85 Million As Growth Spurt Continues

Alteryx; the business analytics tool makers has recently announced an $85 million round that comes on top of the $60 million deal last October. The huge funding flow this year and the accumulated sum from the previous rounds together makes it an impressive $163 million!

The round was led by Iconiq Capital and Insight Venture Partners. Meritech Capital Partners also participated. Read More