Data analytics company Alteryx has secured a $60 million Series B investment round led by Insight Venture Partners. Existing investors SAP Ventures and Toba Capital also participated. The latest round puts the company’s total funding to date at $78 million, and Alteryx will use the funds for research and development and global sales and marketing. “Empowering analysts to use all the data available to them, while also making it easy for data analysts to produce advanced analytics is enabling Alteryx to expand its total addressable market through increased user adoption and greater demand for its product,” said Jeff Horing, managing partner at Insight Venture Partners.
Beepi, a peer-to-peer marketplace for buying and selling cars, has raised a $60 million Series B round from new investors Foundation Capital and Sherpa Ventures, existing investors Redpoint Ventures and Silicon Valley Bank and individual investors. The marketplace currently only operates in San Francisco, Los Angeles and San Diego, but will use the new funding to expand across the U.S. “Beepi is transforming the antiquated car industry. This investment will help us to continue to make significant strides to change how Americans are buying and selling cars, the most expensive purchase many people are making,” said Ale Resnik, CEO and co-founder of Beepi. “The past six months have shown us that there is a real demand to buy and sell cars 100% online and we’re excited for the next stage of growth for the company.”
Zoomdata, which develops a big data exploration, visualization and analytics platform, has raised a $17 million Series B funding round, led by Accel Partners. Investors NEA, Columbus Nova Technology Partners, Razor’s Edge Ventures and B7 also participated in the round. Zoomdata will use the funds to expand its sales and marketing teams and accelerate product development. “With the rapid adoption of modern Hadoop, NoSQL and Spark datastores, we saw an opportunity to disrupt the legacy market for enterprise and embedded reporting, dashboarding, and analytics with a powerful visual platform designed for the business user,” said Justin Langseth, founder and CEO of Zoomdata.
InfusionSoft, a sales and marketing software for small businesses, has closed a $55 million Series D funding round led by Bain Capital Ventures with participation from previous backers Signal Peak Ventures and Goldman Sachs. The company has now raised a total of $125 million over four rounds. “Small businesses are the lifeblood of the US and the global economy. Yet many small businesses lack an integrated sales and marketing system to help them grow and succeed. Infusionsoft has been providing software, services, education and a community designed to enable small business success for the last 10 years,” said Clate Mask, co-founder and CEO of Infusionsoft.