Meritech Capital Posts

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,, SAP Ventures, Morgenthaler Ventures, Hummer Winblad Venture Partners, and Bay Partners also participated in this round.
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ServiceMax raises $71 million in funding

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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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SanDisk Corporation (SNDK) Invests In Cloud Storage Company Panzura

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Flash memory storage company SanDisk Corporation (NASDAQ: SNDK) has announced that they have invested in Panzura.  The investment was made through SanDisk’s venture capital arm SanDisk Ventures.  Panzura is known for being a provider of flash-based network attached storage (NAS) solutions for enterprise companies.
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Cloud Storage Company Panzura Raises $25 Million

San Jose, California based cloud storage company Panzura has raised a $25 million round of funding.  Meritech Capital led this round of funding.  Matrix Ventures, Khosla Ventures, Opus Capital, and Chevron Technology Ventures also participated in this round.

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Tremor Video Files For An IPO

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Tremor Video is a video ad network that is working on going public.  Based in New York, Tremor Video has filed an S-1.  The company is going on a road show for investors within the next month also.

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Tableau Software, Inc. (DATA) Stock Price Surges Over 50% In Public Debut

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Yesterday Tableau Software, Inc. (NYSE:DATA) boosted their proposed price for their initial public offering.  The company went public today on the New York Stock Exchange with the symbol “DATA.”  The company priced their shares at $31.  As of the time that I am writing this, the stock price is trading at over $17 from the opening price at about $48.81.  The company offered five million shares and stockholders are offering 3.2 million shares.  This is the biggest tech IPO for the year as it values the company at over $1.5 billion.  The offering will bring in $254 million before expenses and other fees.

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Good Technology Raises $50 Million

Good Technology is a mobile device management company that has raised $50 million as pointed out in an SEC filing.  Good Technology plans on raising a total of $60 million.  Good Technology was founded in 1996 and is based in Sunnyvale, California.  Good Technology has received funding from Oak Investment Partners, DFJ, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, GKM, Blueprint Ventures, and Allegis Capital.
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Evernote Raises $70 Million At A $1 Billion Valuation

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Evernote has raised a $70 million Series D round of funding at a $1 billion valuation. Meritech Capital and CBC Capital lead the round because these companies could eventually help the company go public. Evernote did not even need this round of funding because a lot of the $96 million that they have raised from the previous round is still left over in their bank account, plus they have one million paying customers out of their 25 million users.
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