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March 25, 2014
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Sunnyvale-based Hadoop vender Hortonworks has raised $100 million in a Series D funding led by BlackRock and Passport Capital with participation from existing investors Dragoneer, Tenaya Capital, Benchmark, Index Ventures, and Yahoo. Hortonworks provides an open source data platform powered by Apache Hadoop for storing, managing, and analyzing big data. Founded in 2011, Hortonworks has raised nearly $200 million to date and will put the new funds toward scaling engineering efforts and global operations.
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Palo Alto-based big-data startup RelateIQ has raised a $40 million Series C round led by Redpoint Ventures with participation from Kleiner Perkins Caufield & Byers, Felicis Ventures, and News Corp. RelateIQ helps businesses and employees track client relationships by analyzing multiple communication streams in real-time. Launched into public beta in 2013 and now valued at $245 million, RelateIQ will use put the latest funding toward hiring and build out its mobile software products.
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Vancouver-based legal practice management software Clio has raised $18 million in Series C funding led by Bessemer Venture Partners with participation from Acton Capital Partners, Point Nine Capital, and new investor Version One Ventures. Clio's web-based management system helps law firms get organized, save time, and run their offices online and via mobile apps. Founded in 2007, Clio will use the new funds to double its headcount in the next year, continue international expansion, and invest aggressively in mobile.
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Since the last email, CrunchBase captured more than 36 rounds and $410 million in fundings... and the data keeps rolling in.
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Top Funding Rounds
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Clio
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Legal Practice Management
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Vend
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Web-based Retail POS
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Hired
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Marketplace for tech talent careers
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Amplidata
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Unbreakable Storage Technology Provider
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SmartAsset
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Financial Modeling for Personal Finance
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Forter
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Automated Fraud decision engine
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payasUgym
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Gym and sports market place
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1.6MM GBP
/ Venture Round
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Did we miss anything?
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Since our last email, 1375 CrunchBase profiles were updated. Sometimes that isn’t enough to catch everything that goes on, so please add your contributions and help us make CrunchBase more awesome!
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