It's been a busy summer for the Cloud Industry! In the 4 years that DreamSimplicity has been around, we have never seen as much capital injected as we did in July. With the big players loading up on fuel for growth and small startups seeding, the momentum has been astronomical. We tracked 18 companies, most received capital, while others were acquired, nevertheless, this list represents a number of application types and verticals.
What do you think? Is the tech bubble peaking or is this just the beginning?
1. New Video Conferencing Service Raises $25 Million: Connect with team members from any device
Video conferencing provider Blue Jeans announced has raised $25 million in a Series C round led by NEA. Also included in the round are Accel Partners and Norwest Venture Partners. So far the company has raised a total of $48.5 million.
2. Leader In Unified Data Storage IceWEB Raises $1.6 Million
IceWEB a provider of Unified Data Storage appliances for cloud and virtual environments has received an injection of $1.6 million in a private placement in an offering to institutional and accredited investors.
3. Collaboration Startup GoInstant Acquired by Salesforce.com for $70 Million
Browser collaboration startup, GoInstant has been acquired by Salesforce.com for $70 million. GoInstant allows people to surf the web with each other in a shared session. The applications approach does not require downloadable plugins, but focuses on features purely in the cloud. This new type of web browsing is called co-browsing. Co-browsing can take place anywhere and across platform including desktop PC, laptop, tablet and pretty much any device that connects to the web.
4. Document Management Company Knowledge Tree Raises $4.75 Million
Knowledge Tree a South African SaaS document management company has raised a $4.75 million Series B from River Cities Capital Funds, Core Capital Partners, Hatteras Funds, and Hasso Plattner Ventures Africa.
5. Boundary Raises $15M in Series B Funding
Boundary, cloud monitoring solution, announced today it has received $15 million in funding led by Scale Venture Partners. Existing investor, Lightspeed Venture Partners, also participated in the B round of funding. Boundary is a privately-held company based in San Francisco, California.
6. KANA Software Acquires Ciboodle Call Center Software
KANA Software, customer service solutions provider, announced today the acquisition of Ciboodle, contact center CRM software provider. The acquisition comes soon after KANA's acquisition of Trinicom, customer service and interaction software provider, about two months ago in April. KANA is positioning itself to be a formidable independent provider of customer service solutions. The customer experience management market is estimated to be over $5 billion with expected growth of 5-12% through 2015.
7. AdRoll Raising $15M in New Funding Round
Retargeting platform, AdRoll, announced today it has secured $15 million in new funding. Foundation Capital let the round with previous investors, Merus Capital and Accel Partners. According to AdRoll, the display advertising industry is projected at $200 billion and retargeting is the prime spot in this industry. AdRoll currently supports over 5,000 customers across the globe and grows by about 500 new customers each month. In 2011, AdRoll grew by a whopping 400% and was recognized as the fastest growing ad technology of the year. The company is known for the industry's only end-to-end retargeting API and the first dynamic ad solution to require zero customer integration.
8. Backupify Raises $9M Led by Symantec Corp.
Backupify, cloud application data backup service, announced today that it has secured $9 million in Series C funding. Symantec Corp. led the round with existing investors, Avalon Ventures, General Catalyst Partners and Lowercase Capital. Backupify has raised a total of $19.5 million. This round of funding will be used for product development and growth, as well as the creation of new services.
9. Cloudability Closes Series A Funding with $8.7M
Cloudability, cloud cost management solution, announced today it had raised $8.7 million in its Series A round of funding led by the Foundry Group. Other participating investors include: 500 Startups, Trinity Ventures and Wieden + Kennedy. Cloudability will use the funding to expand its engineering and marketing teams, further develop the platform and add new features.
10. Fuze Box Secures $20M in Series A Funding
Online meeting solution, Fuze Box, announced today $20 million in Series A funding led by Index Ventures with participation from Khosla Ventures and Insight Ventures. Fuze Box also announced $2.5 million in debt financing from TriplePoint Capital. The entire Series A round comes in at $22.5 million.
11. DocuSign Secures $47.5M in Series D Funding
DocuSign, e-signature provider, announced today that it has raised $47.5 million in Series D Funding led by Kleiner Perkins Caufield & Byers. Other participants include: Accel Partners, Comcast Ventures, SAP Ventures, Salesforce.com, the National Association of REALTORS. The funding will be used for international growth and product development. Mary Meeker, from Kleiner, has joined DocuSign's board of directors.
12. Open Source NoSQL Company Basho Raises $11.5 Million
Basho, the maker of the open source NoSQL database Riak and the proprietary cloud storage system Riak CS, has announced a $11.5 million Series F round of funding lead by Georgetown Partners.
13. Log Management Startup Loggly Raises $5.7M [Video]
Loggly, a startup known for their mascot Hoover, works with companies like Intuit, Airbnb, and BBC track their application logs, has announced that it has raised $5.7 million in a new round of funding.
14. Outright Small Business Finance Solution is Acquired by Go Daddy
Outright, small business finance solution, was acquired by Go Daddy. Go Daddy is the world's largest web hosting provider and sees Outright as a logical addition to its suite of small business products. It is a win-win for both companies with Outright customers gaining access to Go Daddy's small business cloud solutions and well known great customer service.
15. Mashery Secures $10M in Funding for API Management
Mashe
ry, cloud-based multitenant API management provider, announced this week that it has secured $10 million in funding led by OpenView Venture Partners. Other participating investors include existing investors Cisco, Formative Ventures, First Round Capital and .406 Ventures. Mashery has seen a lot of growth.
16. GoodData Closes Series C with $25M
GoodData, business intelligence platform, has raised $25 million in Series C funding led by new investor Tenaya Capital. Other participating investors include new investor Next World Capital and existing investors Andreessen Horowitz, General Catalyst Partners, Fidelity Growth Partners and Windcrest Partners.
17. Box.net Expands and Raises $125 Million: To Date The Company Has Raised More Than $280 Million
One of the world's most popular cloud storage companies, Box has just announced that it has raised an additional $125 million round of funding from General Atlantic. Box, like a few other players in this space have been experiencing rapid growth and strong valuations. Last week, the Wall Street Journal reported that the company was raising a new round at a $1.2 billion valuation. Just last year Box raised an $81 million round and valuation was estimated more than $600 million.
18. Social Media Marketing Company Wildfire Acquired By Google
Google and Wildfire announced this morning that Google will acquire the marketing software developer, which provides a suite of tools to help brands serve marketing and ad campaigns on Facebook, Google+, Twitter, Pinterest, YouTube and LinkedIn. The sale price was not disclosed, but is rumored to be around $250 million. Wildfire has been around since 2009 and has grown to 400 employees and now serves 16,000 customers.
