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  • Thursday, July 2, 2015

    Airtable Gets $7.6M For Cloud Database Software

    San Francisco-based Airtable, which develops cloud-based database/spreadsheet tools aimed at helping end users create their own, shared lists and databases, said this week that it raised $7.6M in a funding round....Continue →

     
  • Thursday, July 2, 2015

    NextInput Raises $1.5M For MEMS Force Sensors

    Milpitas-based NextInput, a developer of MEMS-based force sensors, said Wednesday that it has raised $1.5M in a funding round. The funding came from Intel Capital, Takata Holdings, Steve Nasiri and the Band of Angels. NextInput is led by Ali Foughi, and says it is now raised a total of $3M.Continue →

     
  • Thursday, July 2, 2015

    PayPal Picks Up Xoom For $890M

    San Jose-based PayPal and San Francisco-based Xoom said late Wednesday that PayPal will pay $25 per share in cash, or approximately $890M, to acquired Xoom. Xoom is a provider of international money transfer services. PayPal said the move will help it accelerate its time to market in key international markets, particularly in Mexico, India, the Phillipines, China, and Brazil. Xoom offers up international remittance services, which helps users send money to family and friends internationally....Continue →

     
  • Thursday, July 2, 2015

    Pandora Buys Next Big Sound

    Oakland-based streaming music service Pandora said Wednesday afternoon that it has completed its acquisition of Next Big Sound, a provider of analytics tools aimed at musicians, labels, and marketers. Financial details of the acquisition were not announced. Pandora is buying Next Big Sound to bolster its analytics capabilities. Big Sound was venture backed by Alsop Louie Partners, Foundry Group, SoftTech VC, David Cohen, and Troy Henikoff....Continue →

     
  • Wednesday, July 1, 2015

    PubNub Raises $20M More

    San Francisco-based PubNub announced this morning that it has raised $20M in a Series C funding, for the company's various web and mobile data messaging APIs. The funding was led by Sapphire Ventures, and also included Relay Ventures and Scale Venture Partners. PubNub is led by Todd Greene, who founded the company in 2010. The company develops messaging infrastructure used to send data between web and mobile apps. The company has now raised $35.5M in funding....Continue →

     
  • Wednesday, July 1, 2015

    Distil Networks Gets $21M For Bot Blocking Software

    San Francisco-based cybersecurity software developer Distil Networks, which develops bot detection and mitigation tools, said Tuesday that it raised $21M in a Series B financing round. The funding was led by Bessemer Venture Partners, and also included Foundry, TechStars, ff Venture Capital, Idea Fund and Correlation Ventures. BVP's David Cowan joins the board. Distil networks is led by Rami Essaid. The company's software detects and blocks Internet traffic from bot networks....Continue →

     
  • Wednesday, July 1, 2015

    SimplyInsured Finds $5.9M

    San Francisco-based SimplyInsured, a startup which operates an online marketplace for health insurance for small businesses, has raised $5.9M in a Series A funding. The funding was led by Polaris Partners, and also included Bessemer Venture Partners, Altair.VC and Corazon Capital. The company said the funds go to expand its health insurance marketplace and administration platform for small businesses, including funding sales and marketing and hiring....Continue →

     
  • Wednesday, July 1, 2015

    SoftBank Taps LinkedIn Exec As New Managing Director

    SoftBank Group said today that it has hired Deep Nishar, former SVP of Products and User Experience at LinkedIn, has joined the firm as Managing Director of Investments. SoftBank--which is a very active investor in technology startups--said Nishar will help direct investments and counsel and support companies in its portfolio. Nishar had been at LinkedIn since 2009, and previously worked for Google; he also co-founded Patkai Networks.Continue →

     
  • Wednesday, July 1, 2015

    GLOBALFOUNDRIES Buys IBM's Microelectronics Business

    GLOBALFOUNDRIES, the semiconductor foundry company which runs its U.S. operations out of Santa Clara, said today that it has completed its acquisition of IBM Microelectronics. In an unusual move, IBM had actually paid GLOBALFOUNDRIES $1.5 billion to take IBM Microelectronics off its hands back in October. IBM Microelectronics, which was unprofitable, had apparently been a drag on earnings for IBM....Continue →

     
  • Tuesday, June 30, 2015

    Adaptive Insights Finds $75M

    Palo Alto-based Adaptive Insights, a developer of cloud-based business management software, has raised $75M in a funding round, according to the company. The funding came from JMI Equity, along with Norwest Venture Partners, ONSET Ventures, Bessemer Venture Partners, Cardinal Venture Capital, Monitor Ventures, and Information Venture Partners. Adaptive Insights is headed by Tom Bogan, who is also the Chairman of Citrix Systems.Continue →

     
  • Tuesday, June 30, 2015

    Spire Snags $40M For Weather Satellite Data Network

    San Francisco-based Spire, a provider of weather satellite data, said today that it has raised $40M in a Series B funding. The funding was led by Promus Ventures, in addition to Bessemer Venture Partners, Jump Capital, RRE Ventures and Lemnos Labs. Spire says it offers up high fidelity weather and maritime information gathered from a constellation of 20 satellites. The company says it has now raised more than $80M in funding. Spire is led by Peter Platzer....Continue →

     
  • Tuesday, June 30, 2015

    Synopsys Buys Codenomicon

    Mountain View-based Synopsys, which develops electronic design automation (EDA) software, said Monday that it has acquired Codenomicon, a developer of security technology which is included in software embedded in chips and devices. Financial details of the buy were not disclosed. Codenomicon was based in Finland. Synopsys says it is buying Codenomicon to bolster its Coverity platform, to help protect its customers' softwre against security vulnerabilities....Continue →

     
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