Open-source content management system, Drupal, got another boost today when Boston-based Acquia announced it has raised $55 million in venture capital.
“At Acquia, we pride ourselves on guiding today’s leading organizations as they digitalize their business,” Acquia CEO Tom Erickson said in a statement.
Colabo wants to be the bridge between the “old world” of customer relationship management (CRM) systems and the newer one of social networks, where many customers reside.
Today, the San Mateo, California-based company is announcing newly-raised Series A funding of $7 million to strengthen its role as a go-between. And it is unveiling a new integration with Oracle’s CRM that it hopes will give it a leg up.
As I mentioned just yesterday, competition is pretty crowded in the social media monitoring sector. Tuesday morning, one of the players in this scene bulked up its war chest even more.
Sprinklr, a New York-based developer of social media management software, raised $46 million in a round led by Battery Ventures, Intel Capital, and Iconiq Capital. That brings its total funding to $123.5 million—and, according to the company, puts its valuation in excess of $1 billion.
That’s the term that InsideSales uses to describe its technology that helps companies use big data, machine learning, and artificial intelligence to identify sales patterns so their sales staff can make better predictions about customers’ wants and needs.
And apparently it’s intriguing enough that it has landed the company, based in Provo, Utah, a $60 million round of funding led by Salesforce Ventures. The investment is believed to be one of the largest ever for the fund that makes strategic investments in startups for Salesforce.com.
Docker, the startup that has spearheaded a revolution in application development by popularizing container technology for packaging up application code, has added networking talent to its team by acquiring a months-old startup laser-focused on networking for containers, Socketplane, the company announced today in a blog post.
Socketplane came forth and talked about what it was doing just four months ago. The team included networking experts from Cisco and Red Hat.
Weaveworks, the startup behind the Weave open-source networking software for Docker’s hip application container technology, announced today that it has raised $5 million in new funding led by Accel Partners to expand its container party to the U.S.
Weave lets admins create virtual networks to connect Docker containers across several data center environments. Think of it as one implementation of software-defined networking across data centers, to fit the needs of containers, which inherently are intended for deployment in multiple places.
Of the many ways that big data analytics is impacting how enterprises do business, one of the most interesting has been in the area of predictive intelligence — the idea that by looking at all of the data being created in and around your organisation, you can help figure out what to do in the future.
In the latest development in this space, 6Sense – a startup that was created out of a consulting project at Cisco — which is now a customer – is emerging from stealth, with $12 million in backing and a host of large IT businesses beyond Cisco already signed on as customers. 6Sense claims its platform can identify potential business customers with 80% accuracy.
The global supply chain is getting a digital makeover. From air transport processing to yard management, a throng of startups providing software tools and solutions aimed at the supply chain & logistics market have cropped up – backed by a diverse group of venture and strategic investors.
Just over $4B was invested in software deals by venture capitalists (VCs) during Q1, 2014, four times as much as biotechnology.
Software deals netted out 42% of all dollars invested in the first quarter of 2014, with biotechnology receiving 11%. VCs invested $816M in IT Services or 9% of all dollars, making this the third largest investment category. Interest in IT Services continues to accelerate, with dollars invested in this category increasing 33% compared to the prior quarter.