Baltimore-based security company ZeroFOX has raised $10.7 million in a Series A investment. New Enterprise Associates led the funding, which was joined by Genacast Ventures, Core Capital and individuals from the security industry. The round also counted a $450,000 non-dilutive incentive from the State of Maryland, says a press release. In the last year, ZeroFOX has raised $13 million.
CloudGenix has gained $9 million in a Series A round. Charles River Ventures and Mayfield Fund invested. The company “is pioneering a new product category, Software-Defined Enterprise WAN … [which] virtualizes enterprise networks and securely brings together users and high performance cloud and data center applications, while radically reducing remote office infrastructure requirements,” says a press release. The Santa Clara, CA-based startup recently debuted from stealth mode.
Aviso has raised $8 million in a Series A round. Shasta Ventures, Cowboy Ventures, First Round Capital, Bloomberg Beta, as well as individual investors led the funding. “This investment marks the official launch of the company after two years of product development working with early adopters: RingCentral, Saba Software, FireEye, Damballa, Replicon, and Zuora,” says a press release. The Mountain View startup enables enterprises to make revenue decisions, according to the company.
San Diego biopharma Otonomy, Inc. has secured $49 million in Series D investment. The oversubscribed round counted Jennison Associates LLC (on behalf of clients), Federated Kaufmann Funds, Perceptive Advisors, Ally Bridge Group, certain private investment funds advised by Clough Capital Partners LP, and other institutional backers as new investors, says a press release. All of the company’s current funders contributed; among them: OrbiMed Advisors LLC, TPG Biotech, Novo Ventures, Domain Associates, Avalon Ventures, RiverVest Venture Partners, Osage University Partners and Aperture Ventures Partners.
Social media management company Sprinklr has gained $40 million in Series D investment. ICONIQ Capital led the funding, which saw contributions from current backers Intel Capital and Battery Ventures. New funds will be used to drive forecasted growth of 300 percent for 2014 and also be put towards the organization and product, says a blog post. The New York company now works with upwards of 450 enterprise brands and recently debuted a paid media management module.
New York-based food delivery startup Blue Apron has gained $50 million in fresh funding. Stripes Group led the investment. Backers such as Bessemer Venture Partners and First Round Capital, which led Blue Apron’s Series B last August, contributed to the funding. “To date, the company now delivers over 600,000 meals per month to customers across the country, up from 100,000 per month in August 2013,” says a press release.
Los Altos-based Vorstack, which delivers enterprise security products, has revealed a $5.2 million investment round led by Tim Noonan and Glenn McGonnigle of TechOperators. EMC Ventures and Aligned Partners contributed to the investment. According to a press release, enterprises say the cost to defend against an $1,500 attack exceeds $3 million, and “Vorstack offers information security professionals dramatic improvements in the time and cost it takes to identify and remediate salient threats.”
Atlanta, Georgia’s Numerex Corp has agreed to buy Omnilink Systems Inc. out of Alpharetta, Georgia. Both companies serve the machine-to-machine (M2M) space. Omnilink did almost $13 million in total sales over calendar year 2013. In total, the deal will cost Numerex Corp $37.5 million in cash; both parties anticipate the deal will be completed inside of 30 days, says a press release.
Raleigh, NC open source company Red Hat, Inc. has agreed to purchase Los Angeles-based Inktank, which delivers open source storage systems. The transaction will run Red Hat, Inc. roughly $175 million in cash, “subject to certain adjustments at closing,” says a press release.