MarketMeSuite, social media management solutions provider, announced today it has raised $1.1 million in funding led by Jeff McCormick, Managing Partner of Saturn Partners. Jeff McCormick founded Saturn Partners in 1993 and has invested in many tech startups, including an early investment in Constant Contact. MarketMeSuite also announced the move of its headquarters from Norwich, U.K. to Cambridge, Massachusetts, close to Boston-based Jeff McCormick. MarketMeSuite Cambridge offices are in the Cambridge Innovation Center.
MediaCore, is a company that launched about a year ago with a platform that allows business to roll out their own private video libraries and sites like YouTube. This week the company has announced that it is refocusing its efforts on the education market, and has raised an additional $1 million. The funding, which comes from private angel investors in the U.S. and U.K. To date the company has raised a total of $1.5 million.
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.
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.
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.
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.
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. Year-over-year, traffic has increased by 272%, the number of live applications built on Mashery-powered APIs grew by 75%, and the Mashery network of active developers grew more than 30 percent in the past year. This month Mashery opened its fourth global office in Boston, Massachusetts. Mashery customers include: USA TODAY, Comcast, Hoover's, Klout, Associated Press, Rdio and Expedia.
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.
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.
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.