Insurity Acquires Valen Analytics

HARTFORD, CT January 26, 2017 – Insurity, Inc., a provider of core insurance processing and data integration and analytics solutions, today announced its acquisition of Valen Analytics®(Valen). Founded in 2004, Valen is a provider of proprietary data, analytics and predictive modeling for P/C insurers. The Valen brand will be retained with the organization, operating as ‘Valen Analytics, an Insurity company.’

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Fugue Raises $41 Million in Funding to Solve Cloud Operations Complexity

Fugue, Inc. announced it has closed an approximately $41 million Series D financing round, bringing the company’s total funding to more than $75 million. The company’s flagship product, also called Fugue, radically simplifies cloud infrastructure complexity at scale with its dynamic, software-defined cloud orchestration and enforcement system. The round was led by New Enterprise Associates (NEA), with participation from previous investor Maryland Venture Fund and new investor Future Fund, the sovereign wealth fund of Australia.

 

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Pendo Raises $20 Million Series B Funding Led by Spark Capital to Accelerate the Consumerization of Enterprise Software

New funding based on company’s unique product experience platform and 400 percent annual revenue growth

December 12, 2016 08:30 AM Eastern Standard Time
RALEIGH, N.C.–(BUSINESS WIRE)–Pendo, a data-driven platform that helps companies deliver great software product experiences, today announced it has raised $20 million in Series B financing, led by Spark Capital with participation from existing investors Battery Ventures, Contour Venture Partners, Core Capital Partners, IDEA Fund Partners and Salesforce Ventures. As part of the financing, Spark Capital General Partner Megan Quinn will join Pendo’s board of directors.

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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