Mobile sales and analytics company Qstream has raised an additional $4 million of a $6.85 million Series A financing round. Excel Venture Management provided the new funds, along with previous backers Frontline Ventures and Launchpad Venture Group. The company will use the money to expand in the predictive analytics market. “Qstream’s early success is impressive, and its analytics platform is a radical leap forward in ensuring the clarity, consistency and quality of client interactions and sales coaching that drive high-performance teams,” said Gaye Bok, venture partner at Excel Venture Management, who has joined Qstream’s board of directors. “Enterprises are moving quickly to leverage mobile investments and apply data to gain market advantage.”
YouTube sports network Whistle Sports has secured $28 million in Series B financing led by Emil Capital Partners. Sky Broadcasting, Liberty Global and previous backers including Derek Jeter and Peyton Manning also participated. “This latest investment reflects our commitment to partnering with entrepreneurs that are creating valuable consumer-focused companies,” said Andreas Guldin, CEO of Emil Capital Partners. “Whistle Sports is changing sports media consumption habits and have become the destination for millions of young millennial sports fans around the world. Partnering with them to continue their impressive growth trajectory is a strategic win for us.”
App Annie, which provides business intelligence for mobile apps, has closed a Series D round worth $55 million, led by Institutional Venture Partners. Previous backers Sequoia Capital, Greycroft Partners and IDG Capital Partners all participated. The company, which claims to have tripled its revenues during 2014, will use the funds for product development, international expansion and M&A activity. “Mobile apps continue to proliferate and are transforming travel, transportation, health, gaming, entertainment, financial services and just about every industry you can think of, but before App Annie the app ecosystem was largely flying blind,” said Eric Liaw, General Partner at IVP.
NoSQL databse provider Basho Technologies has announced $25 million in Series G funding, led by previous investor Georgetown Partners. The company, which is the developer of Riak, will use the funds for marketing and development. Basho also announced “record sales growth” for 2014. “The new Basho management team has made strong progress in positioning the company to capitalize on growth opportunities for solutions that enable enterprises to extract value from the massive amounts of data they generate,” said Chester Davenport, chairman of Basho Technologies and managing director of Georgetown Partners.