Battery Ventures will soon have a new general partner: Dharmesh Thakker, formerly of Intel Capital, will join Roger Lee and Chelsea Stoner…
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Yowza! Nutanix nabs $101M in new funding to attack converged infrastructure
That's a ton of cash, but the company says it's taking on a massive $100 billion market as companies revamp their data center hardware.…
Read MoreXtremIO co-founder dives back into flash storage pool with Elastifile
Elastifile, founded by former XtremIO and Red Hat execs, has $8 million in new Series A funding from Battery Ventures and Lightspeed Venture Partners to attack software-based primary storage.…
Read MoreBoostCTR snags $8M to boost ad optimization sales
BoostCTR, which pairs a stable of 1000 copy writers with core optimization algorithms, now has money to boost its sales presence.…
Read MoreVividCortex gets $2M to monitor (and diagnose) your MySQL databases
Exclusive: Startup sees the need for New Relic-type performance management at the all-important database layer.…
Read MoreCommScope acquires LED ethernet startup Redwood for $10M upfront, potential $50M down the road
Startup Redwood Systems, which makes networked LED management systems that run over ethernet cables, has been acquired for a modest sum, by broadband company CommScope.…
Read MoreAustin Ventures and Battery Ventures are backing an open hardware accelerator
Open hardware is getting exciting as big name venture funds team up to create an open hardware accelerator. Austin Ventures, Battery Ventures and a new fund are involved.…
Read MoreHired by an algorithm: Entelo gets $3.5M to expand data-based recruiting
Professionals are generating an ever-growing pool of public data that sends signals about their skills -- and their availability. A start-up has made a business of parsing that data for tech firms, and now wants to expand to academe and other professions.…
Read MoreChinese firms continue to scoop up VC-backed cleantech startups for cheap
VC-backed LED startup Luminus Devices has been sold off to a Chinese lighting company. Following in the footsteps of solar, electric cars, and batteries, LED technology is now also getting bought up by Chinese players.…
Read MoreDiablo gets $28M to marry memory and the processor
Diablo Technologies is an Ottawa-based startup that has brought flash memory even closer to the processor -- making applications run even faster. It has built chip technology as well as software and has raised $28 million to bring the technology to market.…
Read MoreBattery Ventures promotes a partner as enterprise IT keeps going strong
The changes in enterprise IT and infrastructure has been very good for VC firms which have put billions in startups and seen lucrative exits. Now, as IT continues its shift Battery Ventures is promoting Itzik Parnafes to general partner for the next stage of enterprise IT.…
Read MoreNutanix raises $33M for a new type of scale out storage
Investors continue throwing money at infrastructure companies, especially if they have a product that helps accomodate and mitigate the complexities of virtualization and scaled out computing infrastructures. Nutanix aims to solve problems in both areas, and investors are rewarding it with $33 million.…
Read MoreBattery Ventures comes out swinging for solar, efficient lighting, green IT
Quite a few greentech companies closed sizable funding rounds this week, and Battery Ventures is involved in three of them. Is cleantech support holding on in the venture world?…
Read MoreCoupa scoops up $22M to help companies cut costs
E-procurement player Coupa Software netted $22 million in a Series E funding round led by new investor Crosslink Capital. Companies use Coupa's cloud-based services to track supplier contracts and requisitions.…
Read MoreIaaS funding resurfaces as SingleHop raises $27.5M
In a cloud computing market dominated by large, well-known companies such as Amazon Web Services and Rackspace, it's difficult to find much upside investing in the competition. However, Battery Ventures has done just that, leading a $27.5 million round in SingleHop, a Chicago-based infrastructure-as-a-service provider.…
Read MoreStartup Fastly offers radical new CDN using flash memory
Fastly, a startup created this year, is turning the economics of delivering content on it's head with a content delivery network comprised of solid state drives. By placing two servers packed with SSDs in customers' data centers, Fastly can speed up the load times.…
Read MoreMean time to pretty chart- DevOps meets data porn
The current mantra in Web operations is to track, record and monitor everything. Data is valuable and storage is cheap, so this makes sense. Metrics that measure the right thing are incredibly important in the context of getting the best performance from your application.…
Read MoreBig data meets commercial building energy
Ditch the hardware and embrace big data and analytics -- that could be the key to monitoring and managing energy consumption of commercial buildings. On Thursday startup FirstFuel Software announced that it's raised $2.4 million from Battery Ventures and Nth Power, to scale up.…
Read MoreExclusive: Yahoo cloud chief quits. An exit interview
Todd Papaioannou, VP and chief cloud architect at Yahoo, has left the company for a role as entrepreneur in residence at Battery Ventures. At Yahoo, he drove the strategic directions for both the cloud computing and Hadoop teams and helped define the company's overall IT strategy.…
Read MoreThe future of grid energy storage: Software-as-a-Service
One of the reasons energy storage for the grid isn't widely used is that many of the technologies, like batteries, are still too expensive. But what if you could use something that costs a fraction of a battery to deploy for grid storage, like Software-as-a-Service?…
Read MoreFacebook Turns to Smart Lighting for Data Center
Facebook's new data center in Oregon has gotten its fair share of attention for Facebook's decision to open up the energy efficient design. But here's another reason to recognize the data center: Facebook has installed a smart lighting system courtesy of startup Redwood Systems.…
Read MoreAd Targeter Lotame Gets $11 Million More
Ad targeter Lotame has raised $11 million in its latest round of funding. The startup's main product, Crowd Control, collects audience data……
Read MoreReviews Site Angie’s List Raises $22.5 Million
Long-time reviews site Angie's List has raised $22.5 million in its latest round of funding. Unlike rivals, such as Yelp and the new LikeLis……
Read MoreJelli Gets $7 Million For Crowdsourced Radio
Jelli, a startup trying to shake up the traditional radio industry by letting listeners control what songs are played on air, has raised $7……
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