News
Racemi Announces $10 Million Series C Funding
Racemi, a provider of automated server migration software, has closed a $10 million Series C round of venture financing. The round included new investors, led by Milestone Venture Partners, along with existing investors Harbert Venture Partners, and Paladin Capital Group.
Former Deputy Director of the NSA Chris Inglis Joins Paladin Capital Group as a Venture Partner
Paladin Capital Group is pleased to announce that the former Deputy Director of the NSA Chris Inglis has joined Paladin as a Venture Partner.
Newlans, Inc. Closes $20 Million Series B Financing With $5 Million from Verizon Ventures
Newlans, a technology innovator in RF solutions, today announced that it has raised an additional $5 million investment from Verizon Ventures to complete its Series B financing round, totaling $20 million. The initial $15 million closing in February included existing investors Paladin Capital and Lockheed Martin, as well as two new strategic partners. The funding will be used to accelerate the development and commercialization of Newlans’ Programmable Duplexer, targeting front-end radio frequency modules for 4G LTE mobile devices and small cells.
Twist Bioscience Secures $31.1 Million
Twist Bioscience today announced that it raised $26 million in a Series B financing to commercialize the company’s semiconductor-based synthetic gene manufacturing process. Nick and Joby Pritzker, through their family’s firm Tao Invest, led the round, with participation from ARCH Venture Partners, Paladin Capital Group, Yuri Milner and additional strategic corporate and venture investors.
BuildingIQ Doubles Year-on-Year Revenue in Q1 2014
Cloud-based energy management software company starts the year strong and creates nearly half a million in free cash for customers in Q1
Damballa Raises $13 Million for Global Expansion
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 Secures Series A Financing From Google Ventures to Advance Cybersecurity Intelligence
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 Reports Third Consecutive Year of Extraordinary Growth
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 Doubles Revenue in Q4, Strong Finish to a Successful Year
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.