Pulse2 Technology and Social Media News » Triangle Peak Partners http://pulse2.com Sun, 27 May 2012 19:13:16 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Ping Identity Raises $21 Million for Secure Cloud Sign-Ins http://pulse2.com/2011/06/21/ping-identity-raises-21-million-for-secure-cloud-sign-ins/ http://pulse2.com/2011/06/21/ping-identity-raises-21-million-for-secure-cloud-sign-ins/#comments Tue, 21 Jun 2011 17:42:50 +0000 Riley Kennysmith http://pulse2.com/?p=48047 Continue reading →]]>

Ping Identity has gained investors Triangle Peak Partners and Silicon Valley Bank, raising $21 million for their secure sign-in platforms. According to TechCrunch, the new investors join Appian Ventures, Draper Fisher Jurvetson, General Catalyst Partners, SAP Ventures and Volition Capital.

Ping Identity’s products allow users to sign in with a single cloud identity. The $21 million they have raised will be used to develop new products and boost their sales and marketing. Ping Identity currently serves more than 600 customers, providing a secure single sign-in for many cloud applications.

]]> http://pulse2.com/2011/06/21/ping-identity-raises-21-million-for-secure-cloud-sign-ins/feed/ 0 Marin Software Raises $16 Million In Series E http://pulse2.com/2011/04/05/marin-software-raises-16-million-in-series-e/ http://pulse2.com/2011/04/05/marin-software-raises-16-million-in-series-e/#comments Wed, 06 Apr 2011 02:33:50 +0000 Amit Chowdhry http://pulse2.com/?p=45569 Continue reading →]]>
Marin Software is a company that makes search engine management tools for advertising companies. They have raised $16 million in Series E funding led by Crosslink Capital. DAG Ventures, Focus Ventures, Benchmark Capital, and Triangle Peak Partners also participated in this round. Marin now has a total of $51 million in funding.

Eric Chin, a Crosslink Capital partner will be joining the board of directors at Marin Software. Former Shutterfly VP of Finanace John Kaelle will be joining the Marin team as the EVP and CFO as well.

Marin’s software helps advertising companies and agencies manage paid search campaigns over Google, Yahoo!, and Bing. Marin Software has about 800 clients and manages about 600 million keywords. They also manage $2 billion in annualized paid search spend for their customers.

[TechCrunch]

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DriveCam is a company that improves risky drivers by setting up video event recorders on the windshield behind the rear-view mirror.  DriveCam reduces claims costs and improves the way people drive.

DriveCam offers driver coaching and expert analysis.  The company has announced that they have raised $19 million Series D.

The $19 million Series D round of investment was led by Triangle Peak Partners.  Other investors include Menlo Ventures, Insight Venture Partners, JMI Equity, and Integral Capital Partners.

DriveCam had year-over-year revenue growth and an 85% growth in their client base.  The company also had a positive cash flow for the first time in history.

[via NYT]

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