Top News

  • Friday, September 30, 2016

    Quantenna Files For IPO

    Fremont-based wireless video semiconductor developer Quantenna filed for an IPO on Thursday, saying that it is looking to raised up to $100M in its public offering. The company has not yet selected an exchange, but says it has applied to list as QTNA. The company's IPO is being underwritten by Morgan Stanley, Barclays, Deutsche Bank Securities, Needham & Company, William Blair, and Roth Capital Partners....Continue →

  • Friday, September 30, 2016

    Simpplr Scores $6M For Employee Help Desk Tools

    San Francisco-based Simpplr, a developer of collaboration and employee self-help-desk tools, has raised $6M in a Series A funding, the company said on Thursday. The funding was led by Norwest Venture Partners, and also included Salesforce Ventures. Norwest's Promod Haque joins the company's board with the funding. Simppler, led by CEO Dhiraj Sharma, was founded in 2014....Continue →

  • Friday, September 30, 2016

    Zero Finds $2.5M For Credit Card, Mobile Banking App

    San Francisco-based Zero Financial, a developer of a combined Visa credit card and mobile banking app, has raised $2.5M in a seed funding, the company said this week. The funding was led by ENIAC Ventures, and also included New Enterprise Associates, Nyca Partners, Lightbank, and Middleland Capital.Continue →

  • Friday, September 30, 2016

    Nutanix Prices IPO, To Trade Today AS NTNX

    San Jose-based cloud software developer Nutanix priced its IPO on Thursday evening, saying it will offer up 14,870,000 shares of its Class A common stock at $16.00 per share. The company said it "upsized" its IPO. The company priced above its‌ its initial estimated range of $13.00 and $15.00 per share. Nutanix will trade today on the NASDAQ Global Select Market as NTNX....Continue →

  • Thursday, September 29, 2016

    PLAT.ONE Acquired By SAP

    Palo Alto-based Internet-of-Things software developer PLAT.ONE said on Wednesday that it has been acquired by SAP. Financial terms of the acquisition were not disclosed. Plat.One said its IoT platform will become part of SAP's Hana Cloud Platform. Plat.One was led by Dr. John Bates, and was founded by CTo Filippo Murroni. The company's products were used in the "smart city" market, for controlling such things as connected trucks or street lamps and sensors....Continue →

  • Thursday, September 29, 2016

    Shape Security Picks Up $40M For Automated Security Software

    Mountain View-based Shape Security announced on Thursday that it has raised $40M, as part of a Series D funding round. The funding came from Hewlett Packard Pathfinder, along with DBI, Baseline Ventures, Kleiner Perkins Caufield & Byers, NVP, Venrock, Google Ventures, Eric Schmidt, and Northern Light Ventures. The company says it has now raised $116M in total. Shape Security's technology is used to automatically detect and respond to attacks on application software. Shape's CEO is Derek Smith....Continue →

  • Thursday, September 29, 2016

    Kinetica Gets $6M For GPU-Accelerated In-Memory Databases

    San Francisco-based Kinetica, which develops GPU-accelerated database software, has raised $6M in funding, the company disclosed this week. The company said the funding came from Ray Lane (Oracle, KPCB), who also invested $7M in its initial funding in April. The company says it has now raised $13M in total. Kinetica was formerl known as GPUdb; the company's software was initially devleoped for the US Army Intelligence and Security Command. Kinetica is led by Amit Vij....Continue →

  • Thursday, September 29, 2016

    Folloze Finds $7.3M

    Palo Alto-based Folloze, a developer of marketing software specifically designed for salespeople, has raised $7.3M in a funding round. The funding was co-led by Canvas Ventures and NEA, and also included Cervin Ventures and others. Folloze, led by Etai Beck, creates a platform that lets salespeople pick what they want to use in content campaigns from within their sales tools, managing account specific marketing to their customers from, MailChimp, and many other platforms....Continue →

  • Wednesday, September 28, 2016

    Contrast Security Gets $16M For Application Security Tools

    Palo Alto-based Constrast Security, a developer of application security software, announced this morning that it has raised $16M in a funding round. The funding came from General Catalyst Partners, plus Acero Capital, Ron Gula (Tenable Network Security), Paul Sagan (Akamai technologies) and John W. Thompson (Microsoft Corp.). Contrast Security's CEO is Alan Naumann. The company's technology is embedded into software apps, to block attacks and self-detect vulnerabilities....Continue →

  • Wednesday, September 28, 2016

    ProsperWorks Finds $24M For CRM Tools

    San Francisco-based ProsperWorks, a developer customer relationship management (CRM) software that integrates with Google Apps, said on Tuesday that it had raised $24M in a Series B funding round. The funding was led by Next World Capital, and also included Storm Ventures, True Ventures, Industry Ventures, Devoteam, and others. ProsperWorks is led by Jon Lee.Continue →

  • Wednesday, September 28, 2016

    Druva Downloads $51M More For Data Protection In The Cloud

    Sunnyvale-based Druva, which develops cloud-based, data protection software used by the enterprise, has raised $51M in a funding round, bringing its total raised to $118M. Druva said the new round was led by existing investor Sequoia India, and also included EBDI, Blue Cloud Ventures, Hercules Capital, plus NTT Finance, Nexus Venture Partners and Tenaya Capital....Continue →

  • Wednesday, September 28, 2016

    Altiscale Acquired By SAP

    Palo Alto-based Altiscale, a developer of technology which helps companies to implement Hadoop in their data centers, has been acquired by SAP, SAP said on Tuesday. Financial details of the acquisition were not announced. Altiscale had raised $42M in funding from Northgate Capital, Sequoia Capital, and General Catalyst Partners, and was led by CEO Raymie Stata.Continue →

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