Hummer Winblad Venture Partners Posts

InsideSales.com raises $100 million in funding

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InsideSales.com is a leading sales acceleration platform that has raised $100 million with a valuation of nearly $1 billion. Polaris Partners and Kleiner Perks led this Series C round of funding. Salesforce, Acadia Woods, EPIC Ventures, Hummer Winblad, U.S. Venture Partners and Zetta Venture Partners also participated in this round. This round of funding will be used for acquisitions, expanding products, and moving into new markets.

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MuleSoft receives $50 million in funding

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MuleSoft is a San Francisco based enterprise technology company that integrates business applications. MuleSoft has raised $50 million in a new round of funding co-led by New Enterprise Associates, Lightspeed Venture Partners, and Meritech Capital. Cisco Systems, Salesforce.com, SAP Ventures, Morgenthaler Ventures, Hummer Winblad Venture Partners, and Bay Partners also participated in this round.
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NuoDB receives $14.2 million in funding

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NuoDB, a cloud computing database software platform company, has received $14.2 million in funding led by Dassault with participation from Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners. Dassault Systems is one of the largest software companies in Europe that focuses on 3D design and manufacturing.
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Mulesoft Raises $37 Million From NEA, Salesforce, Hummer Winblad, Morgenthaler, Lightspeed, SAP, and Bay Partners

MuleSoft is a startup that can connect SaaS and enterprise applications to the cloud.  The company has raised $37 million led by New Enterprise Associates.  Salesforce.com, Hummer Winblad Venture Partners, Morgenthaler Ventures, Lightspeed Venture Partners, SAP Ventures, and Bay Partners also participated in this round.  Mulesoft has raised a total of $81 million.

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Enterprise OpenStack Company Piston Cloud Raises $8 Million

OpenStack is an open-source infrastructure-as-a-service (IaaS) cloud computing project that was released under the Apache License.  OpenStack enterprise company Piston Cloud has raised $8 million in Series B funding.  The Series B investors include new investors Cisco Systems, Data Collective, and Swisscom Ventures.  Existing investors Divergent Ventures, Hummer Winblad, and True Ventures also participated in this round.

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Influitive Raises $7.3 Million Series A

Influitive is an advocate marketing company that has raised $7.3 million in Series A funding.  Investors in this round include Hummer Winblad, Relay Ventures, Lightspeed Venture Partners, New Enterprise Associates, Illuminate Ventures, Resolute.VC, Common Angels, and several angel investors.  Lars Leckie of Hummer Winblad and Alexa Baker of Relay Ventures will be joining the Influitive board of directors.  The company plans on using the funding to ramp up their marketing, sales, and services teams.

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Kiip Raises $11 Million Led By Relay Ventures

Kiip is a startup company that lets brands promote themselves using rewards and contests. Kiip believes that by offering brands a way to offer real-world rewards for achievements in apps, it will be more engaging than mobile ads.  The company has raised $11 million in funding in a round led by Relay Ventures.  Hummer Winblad Venture Partners and True Ventures participated in this round also.

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In-Game Ad Company Kiip Raises $4 Million


Kiip is an in-game advertising company that has announced $4 million in Series A funding in a round that is led by Hummer Winblad Venture Partners, Crosslink Capital, and True Ventures. Kiip has not revealed how they plan on using the funding. They plan on using the funding to “bridge the gap between mobile advertising and mobile gaming.” Hummer Winblad partner Lars Leckie will be joining the board of directors at Kiip. Kiip has hired former director of sales at Digg Chris Kobran as VP of sales and former EA Mobile employee Dan Silberberger as VP of business development. [Vator TV]