Tag Archives: Will Dunbar

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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Olo Announces $40 Million Investment from The Raine Group

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

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

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

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

Pendo Launches the First Product Engagement Platform and Raises $1.0m Seed Round

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.

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Motorola Solutions Acquires Twisted Pair Solutions

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.

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