Software-as-a-Service company Dude Solutions, Inc., which leverages cloud-based solutions for facility management through its SchoolDude and FacilityDude brands, has been promised up to $100 million by Warburg Pincus. An affiliate of the investment firm grants a minority investment of growth capital and will provide more funding for strategic acquisitions, according to a press release. The Cary, North Carolina company has served upwards of 8,000 customers since its founding in 1999.
Noom, which offers weight loss and fitness apps, has raised $7 million in a Series A investment. RRE Ventures led the round, with TransLink Capital, Qualcomm Ventures, Scrum Ventures, Recruit Strategic Partners, and Harbor Pacific Capital contributing. According to CrunchBase, the New York-based company has raised $9.6 million in total.
Mountain View supply chain startup Elementum has catapulted out of stealth mode and announced a $44 million Series B funding round. Investors included Lightspeed Venture Partners and Flextronics. The company, with upwards of $60 million in total backing, serves customers like Dyson.
Datadog has raised $15 million in a Series B funding. OpenView Venture Partners led the round which featured follow-on investments from RTP Ventures, Index Ventures, IA Ventures, Amplify Partners, and Contour Ventures. The New York company delivers a “Saas-based monitoring and data analytics platform.”
Remind101, which provides a platform where teachers can communicate with and text students for free, has raised $15 million in a Series B funding round led by Kleiner Perkins. The Social + Capital Partnership and First Round Capital contributed to the investment. The San Francisco company already counts more than 10 million teachers, parents and students working with Remind101, and upwards of 65 million messages deployed monthly. Remind101 previously raised $3.5 million in Series A funding.
Boston-based Localytics has secured $16 million in a Series C funding round that increased total backing behind the company to $25 million. Foundation Capital led the investment that saw participation from Polaris Partners. Localytics provides marketing and analytics services for web and mobile applications. According to a blog post by CEO Raj Aggarwal, the company enjoyed 300 percent growth this year.
In the first close of its Series C funding round, “grid-scale electrical energy storage” company Primus Power has gained $20 million. Anglo American Platinum Limited led the financing, with significant input from Anglo American Platinum’s leading platinum group metals (PGMs) company’s PGM Development Fund. Total equity funding behind Primus Power reaches $35 million. The Hayward, CA company offers products like zinc-flow batteries. According to information from Navigant, the global market opportunity for grid-scale energy storage will grow to $21.9 billion, reportedly by 2020.
JMI Equity has led a $38 million investment into AtTask, a SaaS enterprise work management company. GreenSpring Associates, University Venture Fund, and Escalate Capital also contributed to the Series D funding round. The Silicon Slopes, Utah-based company recently announced more than 100 percent year-over-year growth in the amount of customers paying upwards of $100,000 in yearly recurring revenue.
Goldman Sachs has led a $57 million Series E funding round in Spiceworks, the self-labelled professional network for IT. Existing investors contributed to the investment. The Austin company has secured $111 total backing over five rounds and operates in the IT industry, gauged at $3 trillion.
Foodpanda, affiliated with Hellofood, has received $20 million in funding. Among the backers was Phenomenon Ventures. The food delivery platform hopes to expand to 40+ markets by the end of the first quarter. Berlin-based Foodpanda is a Rocket Internet portfolio company.
BaseKit, a website editor based in the U.K., has received £4.5m ($7.3 million) in a funding led by Angel CoFund. Eden Ventures, Nauta Capital and NESTA contributed. Total funding behind the company, founded in 2008, reportedly comes to about £14.5 million.
Check-in location app Foursquare has secured a $15 million investment from Microsoft and entered into partnership with the company. The WSJ reports the funding supplements the $35 million secured by the company prior to the year’s end, in a round that valued Foursquare at approximately $650 million. Microsoft now licenses more data from New York-based Foursquare than any other entity.
Los Gatos-based Netflix is looking to raise money. The company proposes doing so by peddling $400 million in senior notes due in a decade. Reports say the funding will be put towards expansion in Europe and original programming.
Sunrun, which operates in the home solar space, has picked up the residential division of REC Solar as well as SnapNrack and AEE Solar from Mainstream Energy. The San Francisco company raised $145 million in VC funding, according to its LinkedIn page.