Posts By Noah Long

Springpath raises $34 million

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Springpath is a provider of enterprise-grade and data management software that has raised $34 million from Sequoia Capital, New Enterprise Associates and Redpoint Ventures. Springpath also recently launched an enterprise-grade data platform software application called the Springpath Data Platform. More details below:

PRESS RELEASE

SUNNYVALE, Calif., Feb. 18, 2015 – Springpath today launched the company and its Springpath Data Platform, an enterprise-grade data platform software that enables standard servers hosting applications to reliably store, manage and protect data. Available on a low-cost annual subscription basis, the platform brings public-cloud economics and maximum simplicity to enterprise data centers.

“Today’s data centers are forced to choose inflexible and expensive silos of dedicated appliances, converged systems and arrays to meet their data storage needs,” said Mallik Mahalingam, CEO, CTO and cofounder of Springpath. “Modern data centers require a versatile and elastic data platform software that runs on a common hardware infrastructure based on standard servers and supports the data management needs of virtualized, containerized, big data and other emerging environments.”

VMware alumni and Springpath co-founders Mallik Mahalingam and Krishna Yadappanavar have a proven track record of pioneering technology including VXLAN, the basis for today’s Software-Defined-Networking (SDN), and VMFS, the most-widely deployed file system in VMware environments. Operating in stealth since May 2012, the seasoned Springpath team has captured the attention of leading venture capitalists, securing $34 million from investors Sequoia Capital, New Enterprise Associates (NEA), and Redpoint Ventures.

“Springpath Data Platform is based on Springpath’s patent pending Hardware Agnostic Log-structured Objects (HALO) architecture, which was engineered from the ground up to deliver superior data services, storage efficiency, high performance and scalability without caveats,” said Yadappanavar.

Springpath Data Platform for VMware vSphere has been in beta for over a year, and became generally available in January 2015 on a subscription basis for as low as $4,000 per server per year end-user pricing. The platform is supported on server models from Cisco, Dell, HP and Supermicro. It is currently deployed in close to two dozen customers for a wide variety of use cases.

“With Springpath’s Data Platform software we are able to rapidly provision high-performance virtual machines that meet the demanding needs of our users and help accelerate the time-to-market for our products,” said Scott Anderson, IT director at Sigma Designs. “As software running on our choice of servers, Springpath provides maximum simplicity through its seamless integration with VMware. This simplicity, combined with the cloud-like subscription pricing, dramatically lowers the total cost of ownership for our virtual infrastructure to levels we have never seen before.”

Empowering Independent Infrastructure

Springpath dubs its unique approach “Independent Infrastructure,” where applications are delivered to business users and supported a common server-based infrastructure that feeds data to increasingly transient applications.

“The datacenter’s move to a server-based ecosystem is well on its way, and Springpath’s software platform enables enterprises to support their diverse application environments utilizing standard servers and appears to fit well into this macro trend,” said Patrick Moorhead, founder, president and principal analyst at Moor Insights & Strategy. “We were impressed with their solution’s ability to deliver the value of enterprise features and performance on a variety of top brand servers, offering enterprises choices without compromising on their expectations.”

To expand its reach, Springpath also announced a distribution agreement with Tech Data. Through this agreement, solution providers will have access to servers pre-loaded with Springpath software, enabling a fast and smooth deployment experience.

About Springpath

Founded in 2012 by VMware veterans, Springpath is the pioneer of an enterprise-grade storage and data management software that provides reliable and scalable storage services and runs on a variety of standard servers. Available on an annual subscription basis and powered by Springpath’s patent pending Hardware Agnostic Log-structured Objects (HALO) architecture, the Flash-optimized platform delivers high performance, rapid provisioning and fine-grained scale-out, with unparalleled storage efficiency—empowering enterprises to innovate on a server-based Independent Infrastructure. This can be deployed as a hyperconvergence solution, as well as in non-hypervisor environments like containers and physical servers. For more information, visit www.springpathinc.com or follow us on Twitter @SpringpathInc.

RapidMiner raises $15 million in funding

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RapidMiner is is modern analytics leader that has raised $15 million in Series B funding led by Ascent Venture Partners and Longworth Venture Partners. Previous investors Earlybird Venture Capital and Open Ocean Capital also participated in this round. More details below:

Modern Analytics Leader RapidMiner Nabs $15 Million in Funding

RapidMiner’s Series B Funding to Support Its Growing Stronghold in the Predictive Analytics Market

BOSTON, MA–(Marketwired – Feb 18, 2015) – RapidMiner, the industry’s easiest-to-use Modern Analytics platform, today announced it closed $15 million in Series B investment led by Ascent Venture Partners and Longworth Venture Partners, with renewed commitment from Series A investors, Earlybird Venture Capital and Open Ocean Capital. This brings the total investment in RapidMiner to $20 million. The new capital will enable RapidMiner to execute on aggressive growth plans as the company furthers its global agenda to bring self-service advanced analytics to next-generation data scientists.

“The Big Data rush is here today, and companies that can quickly and efficiently capitalize on this will emerge leaders,” shared Luke Burns, partner at Ascent Venture Partners. “RapidMiner’s code-free advanced analytics platform puts the power of modern analytics into the hands of business analysts and data scientists, optimizing productivity and making it easier for anyone to use predictive analytics.”

RapidMiner reached a number of major growth milestones since closing its initial investment round in late 2013, including its acquisition of Radoop, a code-free environment for distributed analytics in Hadoop. RapidMiner Radoop added significantly to the company’s rich analytics platform, resulting in the most comprehensive modern analytics offering on the market.

“RapidMiner is the only code-free predictive analytics solution on the market that can execute analytical processes in-memory, in-Hadoop, in-Cloud, in-Stream and in-database,” added Nilanjana Bhowmik, partner at Longworth Venture Partners. “We’re consistently seeing the RapidMiner team push the envelope and look ahead at what its community of users need for accurate business decisions, making it the dominant leader of the next generation of modern analytics platforms.”

In the last year, RapidMiner has:

- Tripled product revenues.

- Secured dozens of net new customers and strategic partnerships including Corning, Ustream and Hitachi, Ltd.

- Received recognition from Gartner, Inc., placing the company in the leader quadrant in the “Gartner Magic Quadrant for Advanced Analytics Platforms” in February 2014.

- Directly addressed the Internet of Things (IoT) and machine-to-machine communications with the debut of RapidMiner Streams, a code-free environment that simplifies and distributes analytics on Apache Storm.

- Brought to market several new editions of its platform to support predictive analytics in the cloud, streaming data and Big Data analytics in Hadoop.

- Grew RapidMiner’s community to more than 250,000 active users along with the number of paid subscribers over the last two years.

“The fast growth at RapidMiner is evidence of the strong demand in the market for a platform that accelerates time-to-value for customers,” said Jason Whitmire, partner at Earlybird Venture Capital. “Putting the power of Big Data into the hands of business users is something that’s historically been difficult to execute, but RapidMiner and its strong community prove it’s possible today.”

RapidMiner plans to grow its 60+ person global team with this latest infusion of capital. Key hiring areas include partnerships and alliances, research and development, sales and marketing, product marketing, support and general administration.

“We’re thrilled to strengthen the RapidMiner team with such strong investment partners who understand the importance of Big Data analytics in the enterprise,” said Ingo Mierswa, co-founder and CEO of RapidMiner. “This new capital will allow us to invest further in strengthening our leadership position as the de facto modern analytics platform.”

About RapidMiner

RapidMiner is the industry’s easiest-to-use Modern Analytics platform that significantly accelerates productivity — from data prep to predictive action — with prebuilt models and one-click deployments. Leveraging its open source heritage, RapidMiner was built by data scientists for data scientists, business analysts and developers. Unlike traditional analytics providers, RapidMiner enables anyone to make the most of all data in all environments, by providing a powerful code-free advantage and the wisdom of over 250,000 users around the world. For more information, visit www.rapidminer.com.

WeTransfer raises $25 million in funding

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WeTransfer is a leading file-transfer service that has raised $25 million in Series A funding from Highland Capital Partners Europe. WeTransfer has been profitable since 2013 and has a user base of over 70 million people. More details below:

LONDON, February 17, 2015 /PRNewswire/ –

Leading file-transfer service lands investment from Highland Capital Partners Europe

WeTransfer, the worldwide leading file-transfer service, has completed a major Series A round of funding from top-tier investor, Highland Capital Partners Europe. The funding round will support the rapid growth of WeTransfer across the US, Europe and beyond. Highland Capital Partners Europe, which has previously invested in Matchesfashion.com and Brandwatch in the UK and Rent the Runway and Malwarebytes in the US, has invested $25 million, taking up a minority share in the business.

The successful completion of fundraising is a new milestone for WeTransfer, providing the company with an injection of both capital and expertise. With its track record of high profile investments, HCPE will play an active role in advising WeTransfer’s board and will help them to accelerate growth globally.

WeTransfer has been consistently profitable since 2013 and has continued to grow its user base to over 70 million users. Having more than doubled its revenues in the last year the company will strive to maintain its position as the most popular file-transfer service in the world. WeTransfer will use the investment to continue to innovate and develop its product portfolio and build the brand further across the US, Europe and beyond.

Bas Beerens, founder and CEO of WeTransfer, commented: “Funding isn’t something we proactively looked for, but having been approached by a significant number of investors from across the globe in the past two years, we realised there were bigger opportunities to grow as a service and a brand. When HCPE approached us, we had an instant connection. In addition to supporting us with funding, HCPE will offer advice and expertise to help us achieve our goal to build on WeTransfer’s brand and offering.”

Tony Zappalà, Partner of Highland Capital Partners Europe, said: “We are delighted to have invested in WeTransfer. The team has bootstrapped an amazing company, built around a product that creative professionals and consumers worldwide love to use. We look forward to working with them to continue making WeTransfer a fun, productive and intuitive experience, which wows its users every time.” Tony Zappalà and Irena Goldenberg, Partners at HCPE, will be joining WeTransfer’s board.

Going forward, WeTransfer’s focus will be on building on its partnership strategy in the US and beyond and to carry on pushing the boundaries for the service. The way content and information is shared is constantly changing, along with user development, and WeTransfer is continually challenging the market to make the experience as natural for users as possible. WeTransfer is consciously anticipating the users’ needs, always making tweaks and improvements. New partnerships, products and experiences will continue to form a key part of this, which will be debuted in due course and will help the company to maintain its position as the leading authority on exchanging digital content in an easy way.

About WeTransfer

WeTransfer is a leading file sharing service, providing a uniquely creative space for people to share files. Launched in 2009 by Bas Beerens and Nalden, WeTransfer was borne out of a simple need to provide a solution for people to send large files easily. The service now has 70 million users and prides itself on its simplicity. The founders’ desire of producing “something their parents could use” has led the WeTransfer team to a service without the complications of logins, signup forms, data capture and banner advertising.

WeTransfer is completely free when sending files of up to 2GB in size, or users can sign up to WeTransfer Plus to make 10GB transfers to multiple recipients alongside receiving 50GB of storage space and the ability to personalize and secure a channel.

Instead of plastering the site with intrusive banner ads, the team has created a backdrop of curated wallpapers provided by a wide community of artists, illustrators, brands, filmmakers, photographers and events. The result is an enriched user experience to a backdrop of beautiful images. WeTransfer puts the love back into advertising with the top brands of the world.

Start using WeTransfer immediately at: http://www.wetransfer.com/

The new WeTransfer app is available to download for free here http://we.tl/iosapp and here http://we.tl/android. To find out more information about WeTransfer’s mobile offering, head to http://www.wetransfer.com/mobile.

SOURCE WeTransfer

Metaps raises $36 million in Series C funding

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Metaps — an app monetization company — has recently announced that it has raised $36 million in Series C funding. The investors in this round were undisclosed, but we know that the round was led by preexisting and multiple new stakeholders in Japan. A Silicon Valley based venture capital company also invested in this round. More details below:

PRESS RELEASE

TOKYO–(BUSINESS WIRE)–Metaps Inc. (HQ: Tokyo, CEO: Katsuaki Sato, hereafter “Metaps”) announced that they have completed a $36 million Series C round of financing, headed by pre-existing and multiple new stakeholders in Japan and with the participation of a Silicon Valley venture capital firm. Regarding the new business partnerships formed in this round of funding, plans are to reveal details later this year.

CEO Katsuaki Sato commented, “At this stage of our growth we felt the timing was right to bring in more outside funding to help our AI and financial services initiatives reach the next level. We are already a trusted monetization partner for app developers worldwide, and we are expanding into a solutions provider for all e-commerce companies and smart device developers.”

Metaps was selected by Forbes Japan as one of the “Top Startups” in Japan for 2014, and Sato featured as one of the top 10 young entrepreneurs in Japan.

Metaps offers a one-stop app monetization platform “metaps”, supporting app analytics, user acquisition and monetization. The metaps Platform improves the efficiency and automation of app marketing by learning the patterns of users through the use of artificial intelligence (AI). The infrastructure of the metaps Platform has expanded to reach over 100 million app users through their network, which includes apps that have been downloaded a total of over 1.2 billion times.

Metaps has supported app monetization for developers through the formation of their 8 offices worldwide.

Intended use of Series C funding

1) Expand implementation of artificial intelligence technology

Metaps will continue to advance automation and increase efficiencies across all types of businesses utilizing “big data” accumulated over time. This will be accomplished with data analysis, pattern recognition, future forecasting and by improving the accuracy of automated processes by the Metaps’ AI system. For these purposes, funding will be used towards aggressive hiring of experts in the field, and investing in necessary research.

As indicated in the corporate vision of Metaps: “Through big data and computer learning, our aim is to be the world’s brain by empowering people to make smarter decisions”, Metaps will go beyond smartphones and make the capabilities of the metaps Platform accessible to developers for all smart devices. Metaps will plan product expansion with the goal of increasing the platform infrastructure to reach 10% of the world’s population (800 million people) by 2016.

2) Expand financial services operations

Metaps is currently expanding the scale and operations of their new business, zero commission online payment service “SPIKE”. Over 50,000 accounts have been registered, and SPIKE use is increasing rapidly amongst individual and small e-commerce businesses. With a mission to “Change the rules of money with technology”, SPIKE will strive to become an all-encompassing financial service and not limit itself to online payments.

Zetta Venture Partners brings in $60 million for debut fund

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Zetta Venture Partners recently announced its first fund close at $60 million. This fund will focus on early-stage analytics companies in the enterprise and industrial sector. More details below:

PRESS RELEASE

SAN FRANCISCO & SILICON SLOPES, Utah–(BUSINESS WIRE)–Zetta Venture Partners, a venture capital firm focused on the high-growth analytics market, today announced that its first fund closed at $60 million. Mark Gorenberg, a 25-year veteran venture capitalist, and Ash Fontana, who formerly launched online fundraising at AngelList, are Zetta’s managing directors.

Debuting with a portfolio of eight investments, Zetta is committed to delivering exceptional returns for investors and entrepreneurs alike. The firm has offices in San Francisco and Utah’s Silicon Slopes.

“Every decade, there’s the start of a cataclysmic shift in technology markets,” said Gorenberg. “Today that shift is to analytics – a fast growing market combining data and software for business impact. The analytics opportunity reflects the same growth dynamics for focused investors as software did in the 1990s and cloud computing did in the 2000s.”

“Analytics is still in its infancy, providing the perfect entry point for a new venture fund like Zetta,” said Fontana, who has built, invested in and managed technology companies. “As the volume of data continues to grow, the need to find useful information to improve performance will keep pace. Whether focused on advancing healthcare, building smarter cities or optimizing energy delivery, there will be an appetite for analytics products for decades.”

Zetta’s initial $60 million fund was raised from both institutional investors and industry luminaries. The fund will back early-stage analytics companies, predominantly in the enterprise and industrial space. Zetta’s first investments include Content Analytics, Domo, EventBoard, FollowAnalytics, InsideSales, Lucid Design Group Optimine and Pixlee.

About the Team

Ash Fontana, Managing Director

Prior to Zetta Venture Partners, Fontana led fundraising products at AngelList, the most successful startup investing platform in the world, managing $130 million over more than 250 funds. There he launched online investing, created the first startup “index fund” and curated investment opportunities across 500,000 companies. An entrepreneur at heart, Fontana also co-founded TopGuest, a Founders Fund-backed customer analytics company, which exited in 2011. He started his professional career at Macquarie Capital, where he was a top-ranked analyst in private equity, investment banking and equity research. Today he serves as an advisor to and investor in several analytics startups, including Mixmax and Gridspace. Academically, he graduated with highest honors in law and finance from the University of Sydney.

“Ash is a triple threat,” said Gorenberg. “He is an innovator, an entrepreneur and an investor. He has the perfect blend of experience, intelligence and attitude to help Zetta Venture Partners become a new brand in early stage venture capital.”

Mark Gorenberg, Managing Director

Prior to Zetta Venture Partners, Gorenberg served as managing director at Hummer Winblad, the first focused fund for enterprise software. He led the first venture round of investments in analytics companies such as Domo, InsideSales, Omniture (IPO and acquired by Adobe), AdForce (IPO and acquired by CMGI) and Scopus Technologies (IPO and acquired by Seibel Systems). He has a successful 25-year track record in enterprise technology investing. Prior to his venture capital career, he led engineering groups at Sun Microsystems in Advanced R&D. Today, he serves on the President’s Council of Advisors on Science and Technology (PCAST), the Board of Trustees for Massachusetts Institute of Technology, and the Board of the National Venture Capital Association. Mark graduated from MIT and received a master’s degree from both the University of Minnesota and Stanford University.

“Mark is an incredibly intelligent investor who has a knack for identifying opportunities before anyone else,” said Fontana. “With our complementary backgrounds and a singular focus on analytics, Zetta has the expertise, network and access to make exceptional investments and help entrepreneurs build great companies.”

About Zetta Venture Partners

Led by Mark Gorenberg and Ash Fontana, Zetta Venture Partners debuted in 2015 with a $60 million venture fund and early-stage investments in a portfolio of eight high-growth enterprise analytics companies. For more information, visit www.zettavp.com.

MineralTree raises $11.1 million

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MineralTree is an accounts payable and payment automation solutions company that has raised $11.1 million in Series B funding. First Data led this round of funding. .406 Ventures and Fidelity Growth Partners also participated in this round. More details below:

PRESS RELEASE

CAMBRIDGE, Mass.–(BUSINESS WIRE)–MineralTree, the accounts payable (AP) and payment automation solution provider for growing companies, today announced an $11.1 million Series B investment led by First Data, the global leader in payment technology and services solutions. Existing investors .406 Ventures and Fidelity Growth Partners participated in the round that brings the company’s total funding to $22.7 million. MineralTree will use the funds to accelerate product development and further expand its direct sales organization targeting growing companies and financial accounting outsourcing (FAO) organizations.

“As a leader in payments and financial services technology – with unprecedented market insight and a network of relationships with banks and financial services organizations – First Data brings much more than capital to our relationship,” said BC Krishna, MineralTree’s president and CEO. “The solution we’ve built is a far more intuitive, affordable and secure option than other products in the market or the manual processes that too many companies are still using for accounts payable. We can deliver tremendous efficiencies to the antiquated status quo in AP, giving people an informed solution with great utility that is delightful to use and guaranteed secure.”

As part of the investment, executive vice president and head of financial services at First Data, Andrew Gelb, will be joining the Board of Directors at MineralTree.

“MineralTree has demonstrated a unique ability to modernize and automate the accounts payable environment,” said Gelb. “We look forward to working closely with this innovative team.”

According to the Association of Finance Professionals, business-to-business payments are going through an unprecedented period of change. The organization’s most recent Electronic Payments Survey found that half of all large companies still use paper checks to make B2B payments. Evidence of significant adoption from previous studies demonstrates that many large companies are looking for ways to improve and automate processes, but they are the exception. AP and payment automation within growing and mid-sized firms is virtually non-existent.

To help growing companies optimize AP and payment efficiency, MineralTree captures invoices as they arrive, routes them for approval through existing workflows and directly executes payments. As a Web-based solution that integrates seamlessly and in real time with accounting/ERP and banking systems, MineralTree provides unparalleled visibility and control of cash flow. It helps financial professionals at growing companies focus more on strategic tasks instead of chasing down approvals, printing checks, and licking envelopes. In addition, MineralTree does not use settlement accounts, so it improves security by minimizing the movement of cash, while also providing a $100,000 online annual fraud protection guarantee.

About MineralTree

MineralTree provides the easiest to use Accounts Payable (AP) and Payment Automation solutions for finance professionals at growing organizations. MineralTree streamlines AP, giving customers unparalleled visibility and significant cost savings in an affordable, integrated platform that is guaranteed secure. For more information visit www.mineraltree.com

TuneGO raises $1.2 million in funding

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TuneGO recently announced that they have raised $1.2 million in funding. Investors in this round include Chris Murray and Kenny Kam. TuneGO is a music discovery platform that helps elevate new artists. More details below:

PRESS RELEASE

Las Vegas, NV, February 11, 2014 – TuneGO, the music discovery platform that helps elevate new artists and their music, today announced $1.2M in private funding; new distribution partners, including Spotify, Slacker and APM Music; and the addition of legendary producers and songwriters recognized for working with music superstars such as Christina Aguilera, Michael Jackson, Black Eyed Peas, Bon Jovi, Kelly Clarkson and Aerosmith to the TuneGO production team. In development since late 2013 and set for its nationwide launch in Q1 2015, TuneGO eliminates historical barriers to entry in the music industry by enabling artists to get their music in front of fans and, unlike other services, connect with actual industry executives to secure licensing and distribution of their music. The round includes investments from serial entrepreneur Chris Murray and Pasadena Angel investor, Kenny Kam.

“We started TuneGO to change the way the world discovers music,” says John Kohl, co-founder and CEO, TuneGO. “There are plenty of platforms that connect artists with the masses, TuneGO is the only platform that has the technology and relationships to connect artists with music fans, accomplished producers, songwriters and industry decision makers.”

TuneGO enables consumers to experience and share yet-to-be-discovered music and artists, and allows artists to get their music in front of new audiences. Unlike other services, TuneGO also offers the rating systems and tools necessary to help guide an artist’s development and secure commercial distribution. One of the unique features is the patent-pending TuneGO Score, an algorithmic filtering tool that combines social activity, crowd-sourced feedback, live event activity, professional reviews and other factors to determine an artist’s likelihood of commercial success.

“It’s harder than ever to stand out and be discovered,” continued Kohl. “What’s more, producers and record labels just don’t have the bandwidth to filter through thousands of singles, Facebook posts, tweets and YouTube videos out there to find truly talented artists. TuneGO connects all the dots and put your music in the hands of people that matter most.”

TuneGO’s production team includes Grammy Award-winning producers with a combined $5 billion in retail sales, and over 300 million albums sold, such as:

· Ron Dante, legendary producer of Barry Manilow, Cher and Pat Benatar

· Desmond Child, member of the Songwriters Hall of Fame for hits such as “Livin on a Prayer,” “You Give Love a Bad Name,” “Bad Medicine,” who has worked with artists including KISS, Aerosmith, Bon Jovi, Kelly Clarkson, Ricky Martin and others

· Peter Asher, former SVP of Sony Music Entertainment and producer of original and compilation albums from James Taylor, Carole King, Linda Ronstadt and more

· John ‘Jellybean’ Benitez, an American musician and DJ who has produced and remixed music for artists such as Madonna, Whitney Houston, Michael Jackson and the Pointer Sisters

“The number of undiscovered, talented musicians continues to grow, but there has yet to be a platform that combines technology, musical acumen and industry connections to crack the code of effectively curating artists and their music,” says Ron Dante, Executive Music Director, TuneGO. “TuneGO levels the playing field for all artists and increases their chances for success without funds or politics, while giving the music companies the content they are looking for. TuneGO ensures that the most talented and sellable artists are put in front of the right people.”

How it works:

Once an artist registers on TuneGO, they are invited to submit content, complete a career development survey, and determine their TuneGO Score, the core of the TuneGO platform. This Score is assigned based on multiple automated and human factors to help uncover the brightest talents, with points given for social activity analysis, consumer music activities (live shows played and existing distribution deals), industry partner data, crowd-based fan reviews and professional music reviews from the TuneGO board of producers. This score ultimately guides producers and industry executives in determining which artists to focus on for professional development and opportunities.

“Many have tried to create a platform for artist development, but lacked influential producers and a technical strategy on how to discover the best of the best,” says Dave Berkus, TuneGO Advisory Board member, managing director at ACE Funds and founder of Tech Coast Angels. “I was attracted to TuneGO by the combined technical and musical background of its founders, its relationships with some of the top producers in the game, its partnerships with top distribution companies, and its unique rating system. The result of this unique combination is a platform that is seductive for every single artist that wants to be heard, seductive for every producer that wants to find new artists, and seductive for consumers who discover new music.”

TuneGO has been testing its free service for the past 12 months on an invitation-only basis, and currently has over 1,000 artists in beta on the platform. TuneGO is set for a nationwide launch of both its free and paid services in Q1 2015, bringing hundreds of thousands of new users and artists to the platform and helping the site’s producers find the next big act in music. If interested in signing to be eligible for TuneGO’s beta service prior to launch, you can do so here.

About TuneGO

TuneGO is a revolutionary, interactive online community that brings the music industry to the artist by connecting independent musicians with music lovers, entertainment companies, industry experts, and the world’s most successful producers and songwriters. TuneGO offers a cloud-based career development platform that offers tools, personalized services and educational resources to advance the careers of musicians. For more information, go to www.tunego.com

Reserve raises $15 million in Series A funding

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Reserve is a dining app that has raised $15 million in Series A funding. This round of funding was led by Human Ventures Capital. First Round, Lowercase Capital, Advancit Capital, Sherpa Ventures, SV Angel, Venture51, Visionnaire Ventures, Jared Leto, Jon Favreau and Will.i.am also participated in this round.