Cloud-based energy management software company starts the year strong and creates nearly half a million in free cash for customers in Q1
Damballa has raised $13 million from existing investors to capitalize on growing demand for its automated breach defenseplatform. The company will leverage the additional funds for North American and international sales expansion, as well as marketing and channel efforts. The fundraising comes on the heels of the company’s best year to date in 2013, and a record Q1 2014.
Newlans, Inc. Raises $15 Million in Series B Funding, led by Intel Capital with participation from Paladin Capital and Lockheed Martin
Newlans, a technology innovator in RF solutions, today announced that it has closed $15 million in Series B funding to accelerate the company’s development and commercialization of its Programmable Duplexer targeting front end radio frequency modules for 4G LTE mobile devices and small cells.
ThreatStream, a platform for cybersecurity intelligence, has raised $4 million in Series A funding led by Google Ventures, with participation from Paladin Capital Group, Cloudera CEO Tom Reilly, also the former CEO of ArcSight and Hugh Njemanze, former CTO and Founder of ArcSight.
PhishMe Inc., creator of the industry-leading phishing mitigation and detection platform, today reported extraordinary corporate performance for the 2013 fiscal year. Bookings grew 130% over the previous year and the company achieved significant increases across all key corporate performance measures, including the largest fourth quarter in company history.
BuildingIQ, a leading energy management software company, today announced its financial results for the fourth quarter, concluding a strong 2013 fiscal year. Recurring revenue doubled in the fourth quarter with a record level of bookings that totaled over $900,000. BuildingIQ also more than doubled the amount of buildings under management in the fourth quarter.
PhishMe® Inc. today announced the appointment of Kevin Mandia to its Board of Directors. As the leading provider of immersive security behavior management, PhishMe helps enterprises improve employee resilience to and reporting of targeted phishing, malware, and drive-by attacks – the most common attack vectors used to compromise corporate and government networks today.
Unitrends, the leading provider of all-in-one backup, archiving, instant recovery and disaster recovery solutions, today announced that it has received a major growth equity investment from Insight Venture Partners, a leading global private equity and venture capital firm. Financial terms of the transaction were not disclosed.
BA Insight, a leading global provider of unified information access solutions, today announced that it has appointed Massood Zarrabian as its Chairman of the Board and Chief Executive Officer. Mr. Zarrabian is a veteran of the software industry with a track record of building and growing profitable, venture funded software companies.
TA Associates, a leading global growth private equity firm, today announced it has completed a majority investment in Arxan Technologies, Inc., a leading provider of software security solutions.