All posts by Evan MacQueen

Stardog Raises $2.3 Million First Round to Capture Enterprise Data Unification Market

Stardog announced today that it has closed a $2.3 million round of seed funding led by Core Capital and Boulder Ventures. The funding allows Stardog to strengthen its position as the leading graph-based data unification platform.

WASHINGTON, DC Jul 20, 2016 — Stardog, an enterprise data unification platform, announced today that the company has closed a $2.3 million round of seed funding led by Core Capital and Boulder Ventures. The funding allows Stardog to strengthen its position as the leading graph-based data unification platform. Stardog uses smart graph technology to efficiently unify heterogeneous, disparate data across the enterprise. Continue reading

STAQ Raises $5 Million Funding Round to Capture Digital Marketing Integrations Market

NEW YORK, NY May 19, 2016 — STAQ, the automated reporting and integrations platform as a service today announced that the company has closed on a $5 million round of funding led by Pereg Ventures and also including Genecast, Core Capital, Kinetic Ventures, and Revel Partners. The round allows STAQ to strengthen their position as the leading firm in the fast growing integrations and reporting automation market for digital advertising technology. STAQ’s platform integrates the technologies that publishers and advertisers use to drive their digital businesses. Continue reading

DivvyCloud Wins Customers and Recognition for Cloud Infrastructure Automation Technology

DivvyCloud enjoyed a breakout year in 2015 with new customers including General Electric, Discovery Communications, SoftwareAG Government Services and Accelera Solutions

ARLINGTON, VA Feb 10, 2016 — DivvyCloud, a developer of innovative technology to automate and manage today’s cloud infrastructure, achieved a breakout year in 2015. Explosive growth in enterprise adoption of public and private cloud technologies is driving requirements for scalable, automated solutions to ensure security, cost and operational compliance across deployments of virtual “cloud” infrastructure. DivvyCloud offers on-premise and hosted versions of its cloud agnostic, extensible platform allowing customers to automate cloud infrastructure and policy enforcement. Continue reading

Olo Announces $40 Million Investment from The Raine Group

Investment to accelerate restaurants’ ability to meet the needs of the on-demand consumer in 2016 and beyond

NEW YORK, NY Jan 21, 2016 — Olo, the industry leader in digital ordering and delivery solutions for multi-location restaurants, today announced a $40 million minority investment from The Raine Group, a global merchant bank focused exclusively on technology, media, and telecommunications. The funds will be used to continue Olo’s rapid growth and to further enhance and develop its offerings. Raine joins existing investors Core Capital, Hospitality Investment Partners ( a fund led by restaurateur Danny Meyer), PayPal, RRE, and Staley Capital. Continue reading

Luminal changes name to Fugue, raises $20 million

The company consolidates its branding and closes its Series C financing led by NEA

FREDERICK, MD Jan 14, 2016 — Fugue (formerly Luminal), a Maryland-based startup developing an infrastructure-level operating system for cloud computing, announced it has closed a $20M Series C financing round, led by New Enterprise Associates (NEA). Previous investors, including Core Capital, also participated in the round. This brings the total amount of financing to $34M. The company also announced its name change to Fugue [few-g], which is the name of its cloud operating system. Continue reading

ZeroFox Secures $27 Million Series B Led By Highland Capital

Corey Mulloy, general partner at Highland Capital, joins ZeroFOX board as they tackle the cyber risks associated with social media.

BALTIMORE, MD Dec 3, 2015 — ZeroFOX, the leader in social media cyber security, has raised an additional $27 million in capital to provide detection and defense for social media security threats. Previous investors NEA, Genacast Ventures and Core Capital also participated in the round, along with Silicon Valley Bank. Finally, several industry veterans participated in the round as strategic investors, including Lane Bess, former CEO of Palo Alto Networks; Tim Eades, CEO of vArmour; and Avi Rubin, the Technical Director of the Information Security Institute at Johns Hopkins University. Continue reading

Pendo Raises $11 Million in Series A Led by Battery Ventures

Company Delivers Analytics to Help Clients Understand Software Product Usage and In-Application Guidance to Increase Customer Engagement

RALEIGH, NC Oct 28, 2015 — Pendo, a data-driven platform to help companies deliver great products, today announced it has raised $11 million in Series A financing led by Battery Ventures, with participation from Salesforce Ventures and existing seed investors Contour Venture Partners, Core Capital Partners and IDEAFund Partners. As part of the financing, Battery General Partner Neeraj Agrawal will join Pendo’s board. Continue reading

Radius Networks Raises $6.5 Million in Venture Funding

Core Capital, Contour Ventures and Trilogy Partners Lead Investment in Beacon and Proximity Solution Provider Radius Networks to Accelerate Product Development and Deployment Capabilities

WASHINGTON, DC Feb. 18, 2015 — Radius Networks, Inc., the leading provider of mobile proximity beacon services, today announced the completion of a $6.5 million Series Seed C financing round. It was co-led by Core Capital Partners of Washington, DC, Contour Venture Partners of New York City, and Trilogy Partners of Bellevue, Washington.

This round, a third in a series of seed financings, brings the company’s total initial funding to $8.4 million. The round included a $4.5M conversion of debt financing for the acquisition of mobile content management company 4DK in April 2014. Tim Donahue, Former CEO of Sprint-Nextel, joined the Radius Networks Board as part of the 4DK acquisition. Continue reading