Deals

Funding Daily: Hotspots, Twitter, and fire

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There wasn’t a huge number of deals today, but the ones that there were, were big.

FireHost gets $12 million

FireHost, a cloud-hosting company, announced a $12 million series D funding round led by investment partner The Stephens Group. FireHost has customers in 30 countries around the globe, including Whole Foods, Kaiser Permanente, and Casio.

“FireHost has had tremendous traction in extending the cloud into the most secure and mission-critical applications, and this investment will enable them to extend their reach in cloud and security innovation. Enterprises can no longer reactively address gaps in security,” Aaron Clark, the vice president at The Stephens Group, said in a statement. “The company has strong and proven leadership, has a defensible advantage in the market, continues to push innovation and product development, and is driven to succeed.”

FireHost is using the cash to expand its enterprise market presence, develop new solutions, and add new security, compliance, performance, and managed services. This increases its total amount raised to $34 million.

Idomoo snaps up $9 million

Idomoo, which provides a platform for the creation of inexpensive personalized videos, closed a $9 million round of equity funding led by New York-based Marker LLC.

The company built what it calls a Personalized Video as a Service (PVaaS) platform that helps companies general “massive numbers” of personalized videos for individual customers. So far, it has served tens of millions of videos in 16 languages, each automatically generated for an individual person, the company says.

Idomoo is headquartered in Hod Hasharon, Israel, and will use the new investment to expand its operations in North America, South America, and Europe.

Datamnr raises $30 million for Twitter hotspots

Dataminr has closed $30 million for its real-time analytics service, which helps enterprise clients keep tabs on the pulse of their industry.

The company takes social media data and analyzes it for “hotspots of activity.” The system then creates a customized signal stream of market-relevant information, noteworthy events, and emerging trends that clients can refer to while making decisions.

The company has raised $46.5 million to date and is based in New York.

Photo credit: ViaMoi via photopin cc

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