SaaS security company Bitglass has emerged from stealth mode with $10 million in Series A funding from NEA and Norwest Venture Partners. The Campbell, CA-based company helps enterprises secure data on mobile devices and in the cloud. According to IDC, the worldwide security SaaS market will expand by 15 percent and worldwide mobile enterprise security software will see a 28 percent boost in 2014.
Coin, the digital card that carries all your payment cards, is reportedly raising $15 million in Series A funding. Unconfirmed reports peg Redpoint as one of the investors involved. Coin had previously raised upwards of $50,000 in less than 40 minutes through its crowdfunding campaign, and $1.5 million in seed money from SoftTech VC, Y Combinator and K9 Ventures, according to Crunchbase.
Rocketmiles, which earns guests frequent flier miles when travellers book hotel rooms on its platform, has received $6.5 million in a Series A funding round. August Capital led the investment in the Chicago-based company, while Peterson Ventures, Atlas Ventures, Chicago Ventures, Link Ventures, and Sam Yagan (CEO of Match.com) participated. The site reportedly connects jetsetters on nine different airlines to 5,000 hotels.
Enterprise tag manager Ensighten has raised a $40 million Series B funding round from Insight Venture Partners. The Cupertino company counts major brands like Symantec, T-Mobile, Microsoft and United Airlines as its customers. Ensighten helps companies manage the bits of code (tags) third parties use to record and interpret data. Research from Qubit reveals that half of leading websites will have embraced tag management tech by 2017.
Israeli app monetization company Inneractive has gained $6 million in a Series C funding round from Evergreen and Kreos Capital, among other investors. Total funding stands at $14 million, according to reports. Inneractive, founded in 2007, is a supply side platform that helps publishers boost revenues. The company saw ad requests ramp up by 400 percent on iOS and 565 percent on Android last year.
Cloud security firm CloudLock has raised $16.5 million in Series C investment led by Bessemer Venture Partners. Cedar Fund and Ascent Venture Partners participated in the round. The Waltham-based company, founded in 2011, has accrued upwards of 600 paying customers. Gartner forecasted this past October that the year 2013 would see the market for cloud-based security services swell to $2.1 billion.
Medium, the publishing platform with famous founders, has raised $25 million from multiple investors. This marks the first time the San Francisco startup from Evan Williams and Biz Stone of Twitter has received funding from outside investors. Among them: Greylock, which pumped in the most capital; Google Ventures; Ron Conway of SV Angels; Betaworks; Code Advisors and multiple others.
Dating site HowAboutWe has acquired Nerve.com, a New York media outlet. Brooklyn-based HowAboutWe has also debuted HowAboutWe Media –– “a set of independent online publications,” according to a feature on Nerve.com. The move to pick up a publisher portends new services from HowAboutWe, which now heads into advertising and media. Deal terms were not disclosed.
Sunnyvale-based Yahoo has closed an acquisition deal with app builder, Tomfoolery. The San Francisco company and its product, Anchor, will shutter services. Reports from the Wall Street Journal price the deal at $16 million.