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.
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
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.
Pendo, installed easily by adding a single snippet of code into any web application, is now available to the public as an open beta via its website at: www.pendo.io
Schaumburg, Ill. and Seattle, WA (January 2, 2014) – Motorola Solutions, Inc. (NYSE: MSI) today announced that it has acquired Twisted Pair Solutions, a recognized leader in push-to-talk over broadband applications for secure, real-time communication anywhere, on any device. Terms of the transaction were not disclosed.
Twisted Pair is a privately held software communications company whose WAVE® software transforms smartphones, tablets and PCs into powerful, secure communication solutions that provide integrated voice, text messaging, location and presence in one application that serves global public and private sector customers. Twisted Pair’s WAVE Desktop, Dispatch and Web applications provide customers choices in their dispatch communications and unify communications among teams of workers, whether in their office or mobile. The WAVE communications platform provides interoperability to extend land mobile radios, PBXs and other communication systems, allowing teams of employees, whether mobile or in their offices, to effectively communicate through voice, text and data – securely, reliably and in real time – regardless of network, carrier, protocol or device.