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Guuuuurrrrl, the Valley is on fayah today. In a huge wave of announcements, we saw a bevy of businesses from the Bay getting fierce funding deals.
Trust: From Mountain View to Redwood City, from Los Gatos to not-so-sunny San Francisco, our Bay Area startups were snatching term sheets and serving business executive realness.
And it wasn’t just deal volume on the Peninsula, either; the numbers these companies posted were pretty sickening, too. No tea, no shade, but if the New York/Austin/L.A./Boulder scenes want to keep up, they. Bettah. Werk.
(If you haven’t seen Paris Is Burning nor do you watch an awful lot of Ru Paul’s Drag Race, this whole thing hasn’t made much sense to you, has it? Have no fear, familiar territory is here.)
Now, sashay — away.
Adaptive Planning nets $45M
Mountain View, Calif.-based Adaptive Planning has raised a massive $45 million in its fourth and final round of funding with a goal to further dominate the CPM space, the business said Tuesday. Adaptive Planning offers a suite of budgeting, planning, forecasting, and data discovery software in the cloud. Its software works for small businesses all the way up to large enterprises, which now represent 25 percent of its business. The company had 1,500 customers at the end of 2012 and it estimates it will have 2,000 customers at the end of this year. Read the full story on VentureBeat.
Alexza to raise $25M for health-tech gadget
In a Form D filing with the SEC, we learned that health-tech company Alexza Pharmaceuticals is rustling up a $25 million round of debt financing. The Mountain View, Calif.-based company makes Staccato, a new gadget for quickly and effectively delivering drugs to our frail human systems.
Change.org raises $15M
Popular social petition service Change.org has raised $15 million in new funding — cash that will help it further build up the “world’s largest petition platform.” Change.org, the brainchild of two Stanford students, provides an accessible way to enact social change and it makes it simple to create and sign petitions. The service has grown quite a bit in the last year, jumping from 6 million users in early 2012 to more than 35 million users today. More than half of Change.org’s users are outside the U.S. Read the full story on VentureBeat.
ConsultingMD secures $10M
Palo Alto, Calif.-based ConsultingMD has secured a $10 million funding round led by venture firm Venrock, the health-focused venture capital arm of the Rockefeller family. The mission is to create a virtual clinic where patients are served by the top doctors in the world. “We don’t believe you need a network of thirty thousand doctors to be effective,” said Tripp [pictured above with cofounder Dr. Lawrence "Rusty" Hoffman] in an interview with VentureBeat. “We would rather use the same 750 doctors who achieve successful outcomes again and again.” Read the full story on VentureBeat.
Wanderful takes $9M to the bank
S’wanderful! S’marvelous! You should get a check! Wanderful Media, a local shopping and discovery app company based in Los Gatos, Calif., told us today that it’s gotten $9 million in new funding from existing investors. This addition brings the company’s total funding to $36 million and comes on the heels of the April launch of the completely reimagined Find&Save, an online community offering a comprehensive collection of local savings.
Brightpearl seals an $8M Series B
Brightpearl, a UK company with a San Francisco office, has just taken a lovely $8 million in its second round of institutional funding. The company makes loud software that integrates orders, inventory and customer data across multiple retail channels. “We’ve seen customers experience growth rates of 40-50% by adding new sales channels on the Brightpearl platform vs. single-digit growth for the overall retail sector,” said co-founder Charles Grimsdale in a statement on the news.
Clique Intelligence goes home with $5M out of $20M
Another Form D yielded the mystery meat for today: Clique Intelligence, based in Redwood City, Calif., has taken $5 million of a $20 million equity offering. The filing lists Robert Scott and Dudley Mendenhall as execs; the former was mighty hard to pin down and the latter was a former HP and Websense guy. There’s no URL for the company, but we did see in a Whois lookup that Dreamworks, the animation studio, is listed as the registrant for CliqueIntelligence.com. This could mean something; it could mean nothing. But so far, it all smells like stealth to us.
Timbaland throws $800K at Open Labs
In a non-Valley tidbit, entertainer Timbaland has led a seed round for Open Labs, the Austin, Texas-based maker of StageLight. StageLight is music creation software that aims to make the whole process a bit easier on the common dude or dudette. “We wanted to allow anyone to create music quickly, inexpensively and socially,” we read in an email from CEO Cliff Mountain. “The Open Labs team introduced our software, StageLight, to the market six months ago and we have been overwhelmed with positive customer feedback; over 110,000 unique people have come to our website and over 50,000 have downloaded the product.”
NASA is funding the Star Trek replicator
Tea! Earl Grey! Hot! NASA has thrown a $125,000 grant at a research project to bring 3D-printed food into our reality. This project comes from mechanical engineer Anjan Contractor of Systems & Materials Research Corporation. Coincidentally, Contractor was also a speaker at the recent Humans to Mars conference.
Naturally, this kind of food replication would be a great way to survive in space or on other planets, where plant-growing natural resources are scarce. But it’s also a great idea for feeding hungry people around the world when economics, famine, or war come between people and sustenance. Read the full story at VentureBeat.