GroundWork lays claim to $5M for IT operations management software
GroundWork Open Source, a provider of open source systems and network management software, announced today that it raised $5 million in a fourth round of venture funding. The San Francisco-based company plans to use the money for further product development.
The round was led by Canaan… Continue Reading
Video ad network Tremor snaps up funds from SAP
Tremor Media, the large online video advertising network, announced that it brought in an undisclosed amount from SAP Ventures, SAP’s investment arm, among others, in a strategic round of funding. According to the regulatory filing with the SEC, Tremor recently increased the round by $2… Continue Reading
LogLogic scores $8M for data management services
LogLogic, the San Jose, Calif. company that manages data for information technology departments, says it brought in $8.8 million in a fourth round of funding to take better advantage of its recent acquisition, Exaprotect, a similar company base in Europe. It says it will use… Continue Reading
Coghead shutters, sells assets to SAP
Coghead, a startup that let users create web applications without advanced coding knowledge, has finally sold its intellectual property to shareholder SAP AG after a month of hunting for a buyer. The deal officially closed last week, but no financial terms have been disclosed. According… Continue Reading
Jaspersoft raises $12.5M for open source business intelligence
Jaspersoft, a provider of open-source business intelligence software, has raised $12.5 million in new funding. The round was led by Adams Street Partners, with participation from leading open-source company Red Hat and Jaspersoft’s previous investors Scale Venture Partners, SAP Ventures, DCM, Morgenthaler Ventures, and Partech… Continue Reading
LinkedIn raises $22.7M from SAP, other strategic investors
Updated
Professional networking site LinkedIn has raised another $22.7 million, bringing its total backing to slightly more than $100 million. The new funding is an addition to the round that LinkedIn raised in April at a valuation of more than $1 billion.
Interestingly, the money came from… Continue Reading
Sonoa lands $10M for cloud hosting
Software provider Sonoa Systems announced that it raked in $10 million in third-round funding to expand its sale and marketing operations. The Santa Clara, Calif.-based company hosts computing platforms for businesses. This means they provide storage, security, and traffic management and measurement services for their… Continue Reading
Connectiva raises $17M for telecom infrastructure
Connectiva Systems, a New York, NY-based telecommunications software company, has raised $17 million from NEA – IndoUS Ventures, IFC, SAP Ventures and Ovation Capital.
The product suite that Connectiva sells to telecom operators works with their existing infrastructure to help bring in additional revenue, both through… Continue Reading
SAP invests in Indian software company Newgen
SAP Ventures, the venture arm of business software corporation SAP, has made an investment of undisclosed size in Newgen Software Technologies, according to VentureWire. New Delhi, India-based Newgen offers software to manage business processes and content in a number of industries, including financial services, telecom,… Continue Reading
iYogi, your personal offshore tech support, raises $9.5 million to undercut the Geek Squad
When your computer goes haywire, you typically have to pay through the nose to make things right. Microsoft, for example, charges a per-incident fee of $59 for basic issues, while an online or phone session with BestBuy’s GeekSquad will range from $70 to $270, depending… Continue Reading
Qumu raises $10.7M for enterprise video
Qumu, which provides the infrastructure for the use of video communication in a corporate environment, has raised $10.7 million in a third round of funding. The round was led by Advanted Technology Ventures.
The Emeryville, Calif. startup’s enables live and on-demand webcasts, recorded video conferences, employee… Continue Reading
Imprivata, a secure access innovator, raises $15M
Imprivata is a Lexington, Mass. company that is working on single sign-on authentication technology, which consolidates all of a corporate user’s accounts to a single password and adds additional security measures to prevent hackers.
The company’s software works together with physical location trackers like keycards, so… Continue Reading
Iovation, a fraud prevention firm, caps off first round at $15M
Iovation, a Portland, Ore., company that aims to track and prevent online fraudsters, has closed off its first round of funding at $15 million.
The basic idea behind Iovation’s product is keeping track of millions of computers to pinpoint the few that are used for fraudulent… Continue Reading
Greenplum raises $27M for business intelligence database software
Greenplum, a San Mateo, Calif. provider of open source database software for business intelligence, said it has raised $27 million in a third round financing.
It was led by Meritech Capital Partners, and includes Sun Microsystems and SAP Ventures, a division of software giant SAP.
The new… Continue Reading
Alfresco gets $9M for Web 2.0 content management
Alfresco Software is the latest player hoping to kill high-priced software for large companies.
It’s one of a number of vendors of “content management” software. But it’s open source, and dirt cheap relative to others in the so-called enterprise content management (ECM) sector: Filenet (IBM), Interwoven,… Continue Reading
Payscale raises $10.3M more to deliver salary info online
PayScale, a Seattle company that provides information about salary levels for specific jobs over the Web, said it has raised $10.3 million more in financing from SAP Ventures, the venture capital arm of software giant SAP.
Also participating in the round were Corporate Executive Board, Allen… Continue Reading
Right Hemisphere raises capital, to sell 3D collaboration tools to businesses
Right Hemisphere, a Fremont, Ca. company that sells visual technology that began by letting you touch up animated characters in movies, said it has raised money from SAP Ventures, the venture capital arm of large German software firm, SAP.
We wrote about the company three years… Continue Reading
Coghead, a Web-based application builder for tech-savvy, raises $8M more
Coghead, a Redwood City, Ca. start-up that lets tech-savvy people create applications from an online service with visually simple forms, a database, and business logic, has raised $8 million in a second round of venture backing.
Here is its statement.
Coghead launched a test version of its… Continue Reading
Black Duck raises $12 million for open source IP protection
Black Duck, the Waltham, Mass. company that tracks how companies use software in order to protect open source code and intellectual property rights for software makers, has raised $12 million more in a third round funding.
The round was led by Focus Ventures, a Silicon Valley… Continue Reading
GroundWork Open Source, an IT management co., raises $12.5M
GroundWork Open Source, a San Francisco open source IT operations management company, has raised a $12.5 million in a third round of financing, according to VentureWire (sub required)
The round was led by new investor Jafco Ventures, and included SAP Ventures and existing backers Canaan Partners… Continue Reading