Welltok wrangles $18.7M to make health plans better
Social health management startup Welltok has raised $18.7 million in its second round of funding with a goal of expanding into new markets, hiring new employees, and boosting product development.
Bypass catches $3.5M to help sports fans drink more beer
Bypass has raised $3.5 million to address the issue of food lines at sports games are frustrating. Getting up for a beer can mean missing an entire inning, and indulging your craving for garlic fries could result in missing the biggest play of the game, because if there is one thing in this world to be afraid of, it’s angry, thirsty sports fans.
Optimizely gets $28M, boasts 400% revenue growth
Web optimization startup Optimizely has closed a $28 million funding round led by Benchmark Capital. As part of the funding, Benchmark’s Peter Fenton will join the company’s board. Bain Capital Ventures, InterWest Partners, and Google Ventures participated in the round.
Wandera raises $7M for mobile data optimization service for enterprises
Wandera announced it has received $7 million in funding from global venture capital firm Bessemer Venture Partners to fund its launch and global expansion. The company also announced the launch of its Mobile Data Optimization (MDO) service that helps businesses manage the explosion of mobile data usage in their organizations. Wandera’s cloud platform utilizes adaptive data compression and real-time processing to dramatically reduce a company’s mobile data usage and spend by up to 60 percent.
CompStak raises nearly $5 million from Canaan Partners
CompStak, which says it is the first-ever comprehensive database of commercial lease information, announced a $5 million Series A round of funding, led by Canaan Partners and with participation from 500 Startups, Founder Collective, and Expansion VC.
Rally Software to IPO on Friday
Rally Software is a provider of cloud-based solutions for managing Agile software development with 168,000 paid users and more than 1,000 customers, including 34 of the Fortune 100 companies. The company plans to IPO on Friday to raise $69 million at a market capitalization of $270 million.