Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Norwest, Kaiser, & others bet $70M on Health Catalyst’s analytics platform
Health data analytics firms have come into vogue as health care providers struggle to reduce costs in the face of declining Medicare and Medicaid reimbursements. Many of these firms have proved to be attractive venture investment targets, and Salt Lake City-based Health Catalyst is a good example. The company has just pulled in a new $70 million round, bringing its investment total to somewhere around $170 million.
Business-intelligence player Birst moves forward with $65M
Birst, a company selling business-intelligence software that competes with from companies like MicroStrategy and Tableau, announced today that it’s picked up $65 million in a new funding round. Wellington Management Co. led the new round in Birst. To date Birst has raised $156 million, including a $38 million round announced in August 2013.
FiftyThree raises $30M to push its creativity tools in enterprise & education
FiftyThree, the company behind popular drawing app Paper and a smart stylus called “Pencil,” has raised $30 million to help push its presence in the enterprise and education realm. Today’s chunky $30 million round is in addition to the $15 million it raised back in 2013, and was led by New Enterprise Associates (NEA), with support from existing investors.
Bird-scaring drone startup scores $1.7M to, well, terrorize birds
Yesterday Clear Flight Solutions announced it has raised €1.6 million (about $1.7 million) to invest in “robird” drones that mimic the flight of peregrine falcons in order to scare other birds away from damaging private property.
This list will be updated with breaking funding news all day. Check back for more.
