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.
Kleiner Perkins Caufield & Byers Posts
Synack is an online security company that has raised $7.5 million in funding. What Synack does is recruit hackers to help eliminate vulnerabilities on corporate networks. This round of funding was led by Kleiner Perkins Caufield & Byers with participation from Google Ventures (new investor) and previous investors Greylock Partners, Allegis Capital, and Shape Security CEO Derek Smith.
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ServiceMax has raised $71 million in funding, which brings them to a total of $120 million. Based in Pleasanton, California, ServiceMax helps businesses like medical device manufacturers and oil manufacturers manage service appointments. ServiceMax plans to use the funding to expand internationally.
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Opower has filed for an IPO, but the number of shares that will be sold and the pricing terms of the offering have not been determined yet. Opower will trade under the ticker symbol “OPWR.” Morgan Stanley and Goldman Sachs will be the lead underwriters. Opower is a cloud solutions company that focuses on the utility sector. Some of Opower’s investors include New Cycle Capital, New Enterprise Associates, Accel Partners and Kleiner Perkins Caufield & Byers.
Google Ventures has co-led a $25.5 million investment in Ionic Security, which is an Atlanta-based startup that develops technology to protect corporate data on mobile devices and the cloud. Other investors that participated in this round include Jafco Ventures, Webb Investment Network, and Kleiner Perkins Caufield & Byers along with security industry executives Phillip Dunkelberger and Paul Judge. Ionic Security has raised a total of $38 million thus far.