Zvents, moving its events search to mobile, raises $24M
Zvents, a San Mateo, Calif. company that has been building an events-based search engine for several years, must be on the right track: It just raised $24 million from a set of investors including Nokia Growth Partners, AT&T and NAVTEQ.
What makes Zvents a bit different from other events sites — last year I profiled it along with its biggest competitors, Eventful, Going.com and Upcoming — is that it’s not an events calendar or social networking… Continue Reading
Agiliance raises $10M for corporate risk and compliance control
Agiliance, a San Jose, Calif. startup that offers IT tools to help companies comply with regulations and manage their risk, has raised a $10 million round of funding.
In today’s complex regulatory environments, many companies are looking past finance officers and accountants to software that can help out. The growing space is known as IT governance, risk and compliance (GRC).
We’ve recently reported other fundings for related companies: Mimosa, an electronic archiving startup, raised $17 million and… Continue Reading
Siperian, master data management co, gets $25M more
Siperian , a Silicon Valley company that helps businesses unify their data about customers, products and organizations fragmented across different systems (with so-called “master data management” software), has raised $25 million more in financing.
The San Mateo, Calif. company attracted the round, its fifth, from a number of investor. They include Investor Growth Capital, which led the round, and previous investors Anthem Capital, ArrowPath Venture Capital, Blumberg Capital, Brightspark, Constellation Ventures, Red Rock Ventures, Reed Elsevier… Continue Reading
Nomis raises $8M for loan pricing software
Nomis Solutions, a San Bruno, Calif. company that provides software banks to guide them on how to charge customers for loans, has raised $8 million in a third round of financing.
The company’s software analyzes customer data, and helps banks maximize profits.
The round was led by existing investor Bain Capital Ventures, and previous investors August Capital and Red Rock Ventures also participated. The funding was reported today by VentureWire (sub required). SVB Capital was… Continue Reading
Avidience, a video-for-business-application company, raises $5M
Avidence, a Sunnyvale, Calif. maker of open source software for inserting video in business applications, said it has raised $5 million in first round financing from Red Rock Ventures and ArrowPath Venture Partners.
From the company’s statement:
The Avidence Video Application Server uses open source components and algorithms created by leading video software partners, software developers, and universities from around the world. The open source model allows the Avidence system to continue to expand in scope… Continue Reading
UPDATE: Agiliance raises $6.5 million for yet another security co — but wait, this one’s different!
(Updated: Intel has also since invested in the company. The story below was written 10/10/06)
Agiliance, a Mountain View start-up that helps companies prevent breaches of their IT network security and compliance policies, has raised $6.5 million in a second round of funding.
Walden International and Red Rock Ventures led the investment.
We’ve seen so many of these sorts of security investments that we pressed Agiliance’s Pravin Kothari, founder and chief executive, and Anil Gupta, head of marketing,… Continue Reading
Zvents gets $7M (yikes) for Ajax events site
Updated
Zvents, which lets people search for events in their neighborhood, has raised $7 million in a first round of funding led by VantagePoint Venture Partners.
That is a very large sum of money, and it raises questions about the company’s business model. Such a large round makes it more difficult for Zvents to return a profit to investors. This suggests Zvents is swinging for the fences — it will have to become all pervasive. VantagePoint was… Continue Reading