EdgeSpring is a startup that can help you make better decisions with the data across all of the lines of business. EdgeSpring has raised $11 million in financing from Kleiner Perkins Caufield & Byers and Lightspeed Ventures, according to VentureBeat. EdgeSpring uses “big data” and analytics to make intelligence recommendations. The analytics can assess improvements for businesses of any size.
Lightspeed Ventures Posts
Qubole that was founded by former Facebook engineers Ashish Thusoo and Joydeep Sen Sarma. The company has raised $7 million in funding between their seed round in late 2011 and their recent Series A, according to GigaOM. Qubole is building the next generation cloud data platform, which hides the complexity of storing and managing data. Qubole’s services can run a variety of Hadoop tasks like Hive, MapReduce, and Pig in the Amazon Web Services cloud.
Evolv is a company that uses data points to determine if companies are hiring the right people. Evolv has raised $15 million in a fourth round of funding led by Vantage Point Capital. Evolv’s software can increase workforce tenure by an average of about 15% and workforce performance by about 5%.
Continue reading →
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.
Dhingana is a startup that has free streaming Indian and Bollywood music. The company has raised $7 million in a Series B round of funding. Dhingana has 500,000 songs in their catalog across 35 languages. The website also has a smartphone app. Dhingana receives 15 million monthly active visitors and 40% of them are located outside of India.
Skyfire is a mobile and video cloud solutions company that has raised $10 million in Series D funding to expand their presence in Europe and Asia. This round of investment was led by Panorama Capital. Other investors in this round include Matrix Partners, Trinity Ventures, Verizon Ventures, and Lightspeed Venture Partners.
Duck Duck Moose is an mobile application company that focuses on building educational games that has raised $7 million in Series A funding. DDM is known for building interactive games that include stories and music. DDM consults with teachers and students to make sure that the games exceed expectations. Some of their games include Draw and Tell, Word Wagon, Blue Bear, and Princess Fairy Tale Maker. The company’s 14 paid apps have been downloaded 2.4 million times. This round of funding was led by Sequoia Capital and Lightspeed Venture Partners. Stanford University also participated in this round.
TaskRabbit is a Bay Area based startup company that helps you find personal assistants for having your house cleaned, running errands, building IKEA furniture, delivering groceries, etc. Former Disney CEO Michael Eisner is joining TaskRabbit’s board of directors as a strategic adviser.
Continue reading →