Satmetrix takes $1M for customer loyalty software
Satmetrix Systems, a Foster City, Calf. company that rovides customer loyalty software, has raised $1 million in debt financing, according to a regulatory filing. VentureBeat last covered it when it acquired its rival Informative in 2007. It has raised about $30 million from Aspen Ventures, Sutter Hill Ventures, Stanford University and Siebel Systems (since acquired by Oracle), and $75 million from New Enterprise Associates, Walden International, Apex Venture Partners, Sevin Rosen Funds, Crystal Internet Venture… Continue Reading
Sittercity raises $7.5M to connect caregivers, clients
In its seventh year, Sittercity, the web site that connects clients with available caregivers, has raised a $7.5 million first round of funding to build brand recognition. Before now, the Chicago-based company has relied on seed money and revenue to grow.
The service doesn’t just help parents find babysitters. It also helps users find caregivers for pets and senior citizens — as well as tutors for kids. Sittercity also works with businesses to offer human resources… Continue Reading
SolFocus takes on $47.5M more in quest to sell concentrating solar
SolFocus, the most heavily-funded concentrating solar startup around, has just drawn a bit further ahead of the pack with $47.5 million in fresh capital. With the money, the company has edged near $150 million in total funding, and with luck, widespread installation of a currently rare type of solar panel.
In the concentrating photovoltaic (CPV) arrays of SolFocus and similar companies, a tiny, highly-efficient solar cell becomes the focus of sunlight intensified many times over by… Continue Reading
Agami Systems takes $45M for network storage
Agami, a Sunnyvale-based storage company, has raised a further $45 million in funding, coming near to the $50 million we reported the might be seeking in November.
The company also has an option to extend the funding round, its third. Advanced Equities led, and was joined by previous investors New Enterprise Associates, Kleiner Perkins, APEX Venture Partners, Alta Partners, TIF Ventures and Duff Ackerman Goodrich, and new investor ITOCHU Corporation, as well as CEO David Stiles.
Agami… Continue Reading
Performance management software company Enkata raises $8M
Performance management software company Enkata Technologies has raised $8 million in financing.
Sigma Partners and Apex Venture Partners led the funding, which Enkata says will accelerate domestic and international growth.
The San Mateo, Calif. company was founded in 1999 and raised $20 million before recapitalizing in 2006, according to VentureWire. We reported on the 2006 financing, totaling $4.88 million, here.
The company’s software is particularly tailored to help service organizations like contact centers and claims operations. Enkata… Continue Reading
Agami raising $50 million — for yet another storage company
Agami, a Silicon Valley storage company with high-profile venture backing, is doing what any self-respecting company in the sector should do these days: Raise a large amount of money before the opportunity melts away.
The company confirmed to VentureBeat that it is negotiating to raise up another round of venture capital, with regulatory filings suggesting it could as much as $50 million. The company hasn’t completed the round yet. The company competes against an array of… Continue Reading
Customer loyalty company Satmetrix Systems buys Informative
Satmetrix Systems, a Foster City, Calif. company that provides a customer loyalty service software, has acquired Informative, a South San Francisco online customer loyalty company, according to PE Wire.
No financial terms were disclosed. Satmetrix has raised around $30 million in VC funding from firms like Aspen Ventures, Sutter Hill Ventures, Stanford University and Siebel Systems.
Informative had raised around $75 million from firms like New Enterprise Associates, Walden International, Apex Venture Partners, Sevin Rosen Funds, Crystal… Continue Reading