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Battery Ventures Posts

Vaurum receives $4 million in funding

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Cryptocurrency company Vaurum is developing a high-performance Bitcoin exchange program for financial institutions that has raised $4 million in seed funding from Battery Ventures, Tim Draper, and Steve Case. Vaurum will be using the funding to scale its engineering team and build out its white-label platform for financial institutions.

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Tealium raises $20 million in funding

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Tealium is a San Diego based startup that has raised $20 million in new financing from Silver Lake Waterman. Tealium will be using the funding to grow all of its business units, including engineering, sales, customer service, and marketing. Tealium is a tag management system for enterprise marketers to mine analytics on websites, mobile sites, and mobile apps. Vendor tags can be managed using a drag-and-drop interface and tags can be edited without requiring additional IT resources.
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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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