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
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
RALEIGH, NC, November 4, 2014 — Pendo, the product engagement company, today announced the launch of its platform for product managers as well as $1.025 million of seed funding for propelling growth and customer adoption. Pendo has already secured more than 35 early customers for its product, which is designed to help software companies increase feature usage, improve usability, and reduce product churn.