Tag Archives: Sigma Partners
Centrify Raises $16 Million In Series D
Centrify has announced that they have raised $16 million in Series D. They plan on using the funding for international expansion and continued revenue growth. Centrify provides security and compliance for on-premise and cloud-based systems. Centrify also provides applications to over 3,500 customers. Investors in this round include the Mayfield Fund, Accel Partners, Invesco Private Capital, and Sigma Partners.
Acquia Raises $15 Million In Series D
Paperless Billing Company Doxo Raises $10 Million Series B
Doxo is a paperless billing company that has raised $10 million in Series B funding in a round led by Sigma Partners. Existing investors Mohr Davidow and Bezos Expeditions also participated in this round. Thomas Layton, former OpenTable CEO, invested in this round and is joining the board of directors at Doxo as well. Doxo is a paperless billing company that has raised $15 million in total funding. On average businesses pay $10 per year per customer for sending them paper bills. Doxo aims to reduce the cost incurred for these businesses. Some of Doxo’s clients include Sprint, Puget Sound Energy, and Kansas City Power & Light. [TechCrunch]
Categories Bezos Expeditions, Doxo, Mohr Davidow Ventures, Sigma Partners, Thomas Layton
1 Comment
Athlete Web and Mobile App Company Strava Raises $3.5 Million
Strava Inc. is a company that creates apps for the web and mobile devices tailored for athletes. Strava has raised $3.5 million in Series A led by Sigma Partners. Strava will use the funding to build additional products and services for athletes, including their GPS-based offerings. For example, avid cyclists can upload workout data from mobile apps and GPS fitness devices. Below is the full press release:
(more…)
Categories Greg Gretsch, Mark Gainey, Michael Horvath, Sigma Partners, Strava Inc.
Leave a comment
Electronic Signature Company DocuSign Raises $27 Million
Heartland Robotics Raises $20 Million In Series B
Heartland Robotics is a company that was founded in 2008 by Rodney Brooks. Brooks was an iRobot co-founder and was the former director of MIT’s Computer Science and A.I. Lab. Heartland has raised $20 million in Series B funding led by Highland Capital Partners. The Series B was joined by existing investors Charles River Ventures and Bezos Expeditions along with new investor Sigma Partners. [TMCNet]
Internet Marketing Firm WordStream Raises $6 Million In Series B
WordStream is an internet marketing company that has raised $6 million in Series B from Egan-Managed Capital and Sigma + Partners. WordStream will use the funding to grow and expand their search marketing tools. As a result of the funding, Egan-Managed Capital partner Frank Andrasco will be joining the WordStream board of directors.
Full press release below:
(more…)
Quantenna Raises $15 Million To Create Advanced Wi-Fi Chips
Quantenna Communications has raised $15 million from Grazia Equity, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, Swisscom, and Venrock Associates. This is Quantenna’s fourth round of funding. The company develops Wi-Fi wireless radio chip sets that uses ways to improve the signals of Wi-Fi networks. Quantenna claims that their Wi-Fi chips can transfer data at a speed of 145 megabits per second at a range of 60 feet. Existing Wi-Fi chips are capable of 95 megabits per second. [VentureBeat]
Video Storage and Infrastructure Company Blackwave Raises $7 Million
Blackwave is an Acton, Mass. based company that hosts and streams videos on the Internet. The company has recently raised $7 million in Series C from Globespan Capital Partners, Sigma Partners, and Flybridge Capital Partners. Thus far Blackwave has raised a total of $29 million in total funding.
“This renewed investment, combined with the ongoing acquisition of a range of new customers and partners, signals the market’s great confidence in our technology and our value proposition,” stated Blackwave CEO Bob Rizika.
Viximo Raises $5 Million From North Bridge and Sigma Partners
Viximo is a virtual goods solutions website that sells virtual goods platform for social networks, online dating websites, and social gaming services. The company has raised $5 million in funding earlier this week from North Bridge Venture Partners and Sigma Partners. A partner at North Bridge, Dayna Grayson replaced the former CEO of Viximo Rob Frasca as a result of the funding round.
Viximo launched in October 2008 and has embeddable gift stores with virtual goods. Viximo has partnerships in place with several Facebook applications too. They have partnerships with My Sports Career, Birthday Calendar, and World Winner according to TechCrunch. They have also created a development platform named VixML. VixML makes it easy for amateur developers to create basic applications with little knowledge of programming.