Cloud brokerage service Cloud Sherpas has raised $40 million in funding. The company has also made their eighth acquisition. This round of funding was led by Greenspring Associates and the company has raised a total of $62.6 million thus far. Columbia Capital and Delta-V Capital are existing investors that joined this round. Australian institutional investor Queensland Investment Corporation participated in this round of funding also.
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ExactTarget has raised $30 million in a new round of funding to fund acquisitions and to expand operations. ExactTarget is an e-mail marketing company that acquired CoTweet in 2009. ExactTarget raised $70 million in May 2009. ExactTarget’s revenues increased 41% to $134 million in 2010. ExactTarget was initially planning on going IPO in late 2007, but decided to raise funding instead. The latest round of funding was led by Technology Crossover Ventures. Battery Ventures, Scale Venture Partners, and Greenspring Associates also participated in this round. [paidContent]
Turn.com is an ad technology company that has raised $20 million in funding. This brings the company’s total funding to $57 million. This round is the fourth and it was led by Greenspring Associates. Turn plans to use the funding to expand in Europe. Other existing investors that participated in this round include Norwest Venture Partners, Trident Capital, Shasta Ventures, and Focus Ventures. [paidContent]