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Secret secures $25m Series B – Investment Round Up

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Series B Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated in the round. The San Francisco-based company has already raised over $36 million since it was founded last year. Secret also announced new … [Read more...]

IPO Watch: Box, TubeMogul, Yodlee

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Keep an Eye On Anticipation for the Box IPO will continue to mount, after it was announced this week that the company has instead raised $150 million from private investors TPG and Coatue Management. The latest round of funding values the company at around $2.4 billion, up from the $2 billion valuation it received when it closed its Series F in … [Read more...]

MapR Technologies secures $110m in mix of equity and debt financing — Investment Round-Up

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Seed A data platform for venture investing, Mattermark, has secured $2 million in seed funding from returning investor Andreessen Horowitz, among others. Launched in 2013, Mattermark aggregates data from Twitter, LinkedIn, SEC filings, Angel List, CrunchBase, news sites, and the company’s own proprietary Startup Index to allow customers to track … [Read more...]

Digital security sector remains hot as Andreessen Horowitz injects $90m into Tanium

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Andreessen Horowitz (a16z) has pumped $90 million of funding into Tanium, an enterprise security and systems management company.It was the second largest single investment by the venture capitalist firm and the latest indication that now, more than ever, is a good time to be in the Internet security industry. The first half of 2014 has been … [Read more...]

Kreditech secures $40m – Investment Round Up

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Series A Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in 2013 and has attracted more than 25,000 users to its platform. Series B Healthcare management platform Grand Rounds has … [Read more...]

ThoughtSpot secures $30m funding round – Investment Round Up

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Series B ThoughtSpot, a business intelligence platform, has raised $30 million in a Series B round led by Khosla Ventures. Existing investor Lightspeed Ventures also participated the round, which brings ThoughtSpot’s total funding to over $40 million. The Redwood City, California-based company, founded in 2012, aims to open offices in New York, … [Read more...]

Facebook’s messaging mission leads to Snapchat competitor Slingshot

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Facebook’s pursuit, rejection, and subsequent mission to bury Snapchat is starting to resemble a teenage courtship gone bad. After Snapchat declined Facebook’s offer to buy the company last year for $3 billion, the social media titan launched a series of initiatives to take down the ephemeral messaging app. Its latest attempt, Slingshot, was … [Read more...]

Yieldbot secures $18m Series B – Investment Round Up

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Series A Inbilin, a social networking voice call app that allows users to call strangers, has raised $15 million in Series A funding from Qiming Venture Partners and Morningside Ventures. The company, which launched in 2013, will use the funds to upgrade servers and build up its team. Series B Advertising technology company Yieldbot has … [Read more...]

Cloud storage market braces for impact as Apple revamps iCloud offering

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Apple’s Worldwide Developers Conference (WWDC) began this week, and while consumers hoping for hardware like the iWatch or an Apple-designed TV were left disappointed, there were enough software announcements to make certain areas of the technology industry intrigued, excited and almost certainly fearful.  Companies in the cloud storage space were … [Read more...]

Symantec shakeup sees CEO sacked

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Mountain View information protection giant Symantec has given its chief executive officer, Steve Bennett, the boot. Board member Michael Brown will take over immediately as interim president and CEO while Symantec, which produces Norton Antivirus, seeks out a new leader. After less than two years on the job, Bennett has been terminated from … [Read more...]