Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.
Data is a many splendored thing. There are so many ways to aggregate and store it, slice and dice it, and turn it into a visually appealing package that VC’s are hungrily adding data startups to their portfolios. Perhaps it is because Thanksgiving is the day after tomorrow, but my brain immediately struck a connection between data and dates (of the fruit, not the romantic, persuasion): both require some sort of processing to be useful; both are flexible and can be molded into a variety of forms; both bloom in abundance. Take a big ol’ slice of the data pie. Everyone else is.
For more funding news as it happens, subscribe to our Deals Channel feed. You can also follow VentureBeat on Twitter, @venturebeat, to view funding news as it’s published.
Stealthy storage startup snags $20.59M from secret sources (say that 5 times fast)
Stealthy startup Crossbar has raised a whopping $20.586 million. A form filed with the SEC this afternoon indicates that the total amount offered is $21 million and there are 16 investors involved and no other funding has been reported. The homepage states that Cross focuses on “delivering solutions that will dramatically enhance the global memory storage industry.” The company claims to be backed by top tier investors, but has not yet responded to requests for more details. Crossbar is based in Santa Clara and was founded in 2010. Read the filing.
Kaltura raises $25M to dock its open source video platform in Asian market
Open source video platform Kaltura has raised $25 million. Kaltura provides a framework for building enterprise level video applications. It powers applications for more than 300,000 organizations across a range of industries, reaching hundreds of millions of viewer. Customers span various sectors, including media companies like HBO and Warner Brothers, corporations like Bank of America, AstraZeneca, and Ikea, government agencies, and top tier universities. With this hefty investment, Kaltura will bolster its European presence and enter the Asian-Pacfiic market. It was spearheaded by new investors Mitsui Global Investment and Orix Ventures, with participation from existing investors Nexus Venture Partners, Intel Capital, .406 Ventures and Avalon Ventures. Read more on VentureBeat.
With the enterprise storage market heating up, Qumulo nets $24.5 million
Qumulo, a Seattle-based data storage startup, today announced that it has raised $24.5 million in first round funding.Startups like Qumolo claim to have built technology that can scale at an unprecedented rate, and meet the needs of large corporate customers.Qumolo’s investors believe that the team has the right background and experience to shake up the market. The round was led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners. Read more on VentureBeat.
MunkyFun plays around with $3.1M
Independent mobile gaming company MunkyFun is grabbing $3.1 million. Popular titles include Bounty Bots, My Horse, and Bionic Arena Hunt. Its award-winning games have been played by over 10 million people. The SEC filing revealing the funding did not list any investors, and the company has not yet responded to inquiries for comment. The investment section of the website says “Coming soon!” Read the filing.
Wantser wish lists could mean never getting socks as a gift again
List making application Wantster has been granted $4 million to put “the old fashioned wish list on steroids,” or rather, the internet. Using a “want” button they put into their browser, users can grab images of products they would like to own. This basically creates a registry that friends and followers can refer to when buying gifts. Wanster integrates with calendars so users get notifications about friends’ birthdays. Evanov Communications, an independent Canadian broadcast corporation, was the sole investor.
SumAll gets $6 to turn data analytics from ugly duckling into friendly swan
Data analytics startup SumAll added up $6 million in new funding today. The software-as-a-service platform connects multiple data types from multiple sources and turns it into highly understandable charts. Past, present, and future data is aggregated from a range of sources to provide heightened business insights for its clients. Integrations include Facebook, Twitter, Google Analytics, eBay, Amazon, PayPal, Stripe, Instagram, and Magento.
Small businesses and Fortune 500 companies alike use the service because of its emphasis on user-interface. SumAll strives to make data analytics engineering-free, analyst-free, and beautiful. This is the startup’s first round of institutional financing, led by Battery Ventures. It brings the total amount raised to $7.5 million. Read more on VentureBeat.
DataDog gets thrown a $6.2 million bone for IT data analytics
The only data my dog focused on related to food dispensation. However, DataDog provides data about IT monitoring. The technology aggregates metrics and events from the whole IT lifecycle and sends alerts to the relevant parties. It also offers real-time interactive dashboards for graphing and data interpretation to help companies ensure their infrastructure functions smoothly from end to end. This round was led by Index and RTP Ventures, with participation from existing investors IA Ventures, Amp;lift Partners, Contour Ventures, and NYCSeed.
Moodya tries to get Spanish shoppers out of stores, on the internet
European social shopping startup Moodyo struck a deal for $600K in seed funding to accelerate towards a successful launch. Users can search for items and choose if they “want it” or “have it” and share this information with their friends. The company’s main objective is that “people are able to purchase products that fit their needs, style and taste.” The bulk of this investment came from The Fund for Technology Entreprneurs by the IDEA Agency, which awarded a $400,000 loan. The remaining is contributed by two Spanish incubator programs- 3dsignia and Mola.