Online radio startup TuneIn closed $25M round of funding
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
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
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
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