Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.
Today was a big money day for startup funding — and post-startup growth-stage and late-stage fund funding.
Online radio startup TuneIn closed $25M round of funding
TuneIn, the terrestrial streaming radio service, has closed a new $25 million round of funding, the company announced today.
TuneIn aggregates over 70,000 live radio stations (that are available to stream online) and 2 million on-demand audio programs (podcasts, concerts, interviews, etc.) under one web service.
Insight Venture Partners raised a huge $2.57B fund
The firm announced today that it has raised a whopping new $2.57 billion fund (Insight Venture Partners VIII) dedicated to investments in e-commerce, software, Internet, and data services businesses.
The New York-based firm says existing investors accounted for the majority of the new fund’s capital.
Moogsoft raised a $7 million series A
Moogsoft, an agile service management software company, announced a $7 million Series A funding round led by Redpoint Ventures.
Moogsoft’s software automatically identifies the existence of IT incidents, orchestrates stakeholder responses, and captures the resolution knowledge. Interestingly, it requires no rules, no business logic or models, and no learned patterns to administer and maintain.
Numecent raises $13.6 million
Cloud startup Numecent has raised $13.6 million in a new round of funding from T-Venture, the venture arm of telecommunications giant Deutsche Telekom.
Numecent is trying to reshape software distribution by making it far easier to deliver bits over the Internet, as they are needed, in real time.
Cloud call center biz Five9 hooks $34.5M
Cloud-based call center software maker Five9 has raised $34.5 million in new funding to help it take on legacy software makers that still own 95 percent of the market.
Five9 helps its customers transition from call center software that’s on-premise to its software in the cloud.
ADLY raises $2 million in additional funding
Social advertising company Adly raised $2 million in additional funding from GRP Partners and Siemer Ventures.
Adly combines brand analytics with social media to reach targeted audience segments. The company has established relationships with more than 75,000 influencers and celebrities, who then can be matched to relevant brands.
Image credit: Cash/ShutterStock
VentureBeat’s VB Insight team is studying marketing and personalization...
Chime in here, and we’ll share the results