Dating app Hinge has secured $12 million in Series A funding as it looks to take on the likes of Tinder in new markets. Shasta Ventures led the round, while previous investors Lowercase, Great Oaks, Eniac and CAA Ventures all participated. The company had previously raised $8.6 million in seed funding and convertible notes. Hinge is currently available in 28 cities and will be looking to increase that number with the new investment.
Predictive applications provider Infer has attracted a $25 million Series B round of investment led by Redpoint Ventures. The company, which was founded 18 months ago, aims to use the new funds to accelerate growth. “We’ve sparked a data revolution that goes way beyond lead scoring. Our predictive platform is helping enterprises achieve the same consumer-grade data intelligence as companies like Google and Amazon, and delivering big wins for our customers – like 4X conversion rates and 3X deal sizes,” said Vik Singh, co-founder and CEO of Infer.
Qubole, a provider of big data in the cloud, has raised $13 million in Series B investment led by Norwest Venture Partners. Qubole’s flagship prodct is QDS, which runs Hadoop infrastructure and allows users to analyze and collaborate their company’s data. The company has now raised a total of $20 million. “We know the real power of big data is getting it to the right people at the right time. Our mission is to help every company and every person at that company leverage big data to make a meaningful business impact,” said Ashish Thusoo, CEO and co-founder of Qubole. “We’ve seen tremendous adoption for our self-service platform and expect this to accelerate as our customers experience the incredible business outcomes that occur when everyone can access, process and collaborate with cloud data.”
Enterprise cloud collaboration service Huddle has announced a $51 million Series D round of funding led by Zouk Capital. Hermes BPE Environmental Innovation Fund and existing investors Matrix Partners, Jafco Ventures, DAG Ventures, and Eden Ventures also participated. Huddle will use the funds to enhance its collaboration marketplace standing. “We’ve seen the content collaboration market come of age over the last year, with enterprises and governments now replacing legacy software at scale and embracing this new way of working,” said Alastair Mitchell, CEO of Huddle. “There has also been an increasing trend away from simple cloud storage. It has become a low-value commodity and simply replicates the age-old problem of content getting lost and siloed on shared drives with a new one — content now just gets forgotten about in the cloud.