Battery Ventures Posts

Intacct receives $45 million in funding

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Intacct is a company that was founded in 1999 and has raised $45 million in a new round of equity and debt funding. This round of funding was led by Battery Ventures with $15 million in debt facility from Silicon Valley Bank. Intacct offers cloud accounting software and web based financial management software to help companies improve performance.

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Avalara receives $30 million in funding

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Avalara is a cloud-based sales tax and compliance technology company that has raised $30 million in funding led by Battery Ventures and Sageview Capital. Avalara has now raised over $100 million since being founded in 2004.
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Software-defined data center company Primary Data receives $60 million in Series B

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Primary Data has raised $60 million in Series B funding from Mercato Partners, Accel Partners, Battery Ventures, Lightspeed Venture Partners and Pelion Venture Partners. Primary Data is a software-defined data center technology company.
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Elastifile raises $8 million in Series A

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Elastifile is a storage technology company that has raised $8 million in Series A from Battery Ventures and Lightspeed Venture Partners. Battery Ventures general partner Itzik Parnafes and Lightspeed Venture Partners partner David Gussarsky is joining Elastifile’s board. Elastifile focuses on building storage services for software-defined data centers and private clouds.
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Koru raises $4.35 million in funding

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Koru is an education startup company that has raised $4.35 million in funding. The lead investors in this round was Maveron. Other investors that participated in this round include Battery Ventures, First Round Capital, and Andreessen Horowitz. Koru will be using the funding to build an online/offline business that focuses on transforming how college graduates prepare for success in the real world.

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Catchpoint raises $6 million in Series B funding led by Battery Ventures

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Catchpoint Systems has raised $6 million in Series B funding led by Battery Ventures. Catchpoint offers web and infrastructure monitoring solutions. This round of funding will be used for accelerating the company’s expansion plans and for employee growth.
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Opscode raises $32 million in funding, gets renamed to Chef

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Opscode has raised $32 million in Series D funding and has changed their name to Chef. Chef is also the name of the company’s flagship configuration management tool product. Chef has also named Microsoft alum Curt Anderson as their new chief financial officer. Chef will be using the funding to increase their sales, marketing, and engineering team from around 100 people now to 200.
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Job review website Glassdoor raises $50 million

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Glassdoor is a job review website that features job listings and recruiting. The company said that 25% of their traffic comes from outside the United States. Glassdoor has raised $50 million in a round of funding led by Tiger Global Management with participation from Dragoneer Investment Group and existing investors Benchmark Capital, Sutter Hill Ventures, Battery Ventures and DAG Ventures.

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