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Enterprise-focused tools for analyzing data and a tool for cleaning up data got new venture funding today, but so did a fascinating new startup that seeks to streamline the process of selling homes, OpenDoor. Read all about these startups and others in today’s collection of funding news.
Spark partner Bijan Sabet announced today that the firm has closed a fund of $375 million aimed at growth stage companies and that Jeremy Philips is joining as general partner to lead the new fund. The new fund’s team will be based in New York City and San Francisco.
Read more on VentureBeat: Spark Capital eyes growth-stage startups with new fund, adds new partner to lead it
ExtraHop, a company that provides wire data analytics for IT operations, announced today that it has raised $41 million in a third round of funding led by Technology Crossover Ventures. Seattle-based ExtraHop has now raised a total of $61.6 million. Its other investors include Meritech Capital Partners, Madrona Venture Group, Sujal Patel, and others.
Read more on VentureBeat: ExtraHop raises $41M to help businesses make sense of their wire data
Data scientists shouldn’t have to spend the majority of their time doing grunt work: getting data ready for the analysis that could really make a difference for their employers. They should be able to come up with cool new ideas worth evaluating. No wonder investors are jumping all over software that automates parts of the data-cleaning workflow. Today, one of the hottest startups in that market, Trifacta, announced a $25 million round of funding, following the $12 million round it revealed just six months ago. Ignition Partners led the new round. Accel Partners and Greylock Partners also participated.
Read more on VentureBeat: Trifacta cuts down on big data dirty work. Investors throw $25M at it
Nix Hydra, a Los Angeles entertainment studio that makes games and other apps for young women, has raised $5 million in funding from the Foundry Group. That’s not bad for a company that focuses on a demographic that most publishers and developers in the male-dominated game industry have rarely acknowledged. The funding will enable Nix Hydra to run with its game, Egg Baby, and move into international markets.
Read more on VentureBeat: Nix Hydra raises $5M to make games for young women (exclusive)
Entrepreneur and investor Keith Rabois teased us with his fascinating plans to help people sell homes fast with the help of the Internet. But he wouldn’t give us the details. But now we know the secretive outfit’s name, we can identify a key cofounder, and we see that it has funding. The startup’s name is OpenDoor. It has raised at least $6 million out of a $9 million round, according to a filing submitted today to the U.S. Securities and Exchange Commission. It’s not clear who’s backing the startup.
Read more on VentureBeat: Here’s investor Keith Rabois’ bold new home-selling startup: OpenDoor
Google Ventures-backed Lucid Software today announced a new $5 million round to bolster its suite of Web-based diagramming and design apps. With new capital in hand, Lucid audaciously claims that it will release “the stranglehold of a market that’s been controlled by Microsoft and Adobe for decades.” The firm aims to dominate enterprise productivity tools with its lightweight apps, Lucidpress and Lucidchart. Kickstart Seed Fund led the new round and was joined by Grayhawk Capital.
Read more on VentureBeat: Lucid goes after Microsoft & Adobe with Web productivity apps, raises $5M
Newlans’ radio filtering (RF) technology sits deep inside the guts of a cellphone, and it could end up helping you connect to a strong 4G signal faster. Especially if it’s a Verizon phone. The Acton, Mass., company makes a small filter that shuffles through all the 4G signals it can find, then selects the fastest and strongest one to connect to. Unlike previous RF filters, the Newlans product can be programmed to zero in on a carrier’s best bands, and it takes up less space inside the phone. Verizon, at least, is sold on the idea. It’s thrown $5 million in back of the Newlans. Part of the reason might be the fact that the Newlans filter can also be used in small cells, which are increasingly being used by carriers to fill coverage gaps.
Read more on VentureBeat: Verizon puts $5M behind mobile radio tech company Newlans
Qeexo, a software startup focusing on a mobile touch screen technology called FingerSense, raised $2.3 million in venture cash Thursday. The San Jose, Calif.-based startup was spun out of Carnegie Mellon University’s well regarded Human-Computer Interaction Institute. The startup will use this latest infusion of money to build its engineering and business development teams. Wang said Qeexo is currently engaged in talks with a number of companies about deploying their patented software.
Read more on VentureBeat: Qeexo and its touchscreen software spin out of Carnegie Mellon, land $2.3M
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