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May 20, 2014
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Redwood City-based data analytics company Sumo Logic has raised $30 million in a new funding round led by Sequoia Capital with participation from existing investors Greylock Partners, Sutter Hill Ventures, and Accel Partners. Sumo Logic provides analysis of log data across a business's IT infrastructure, helping administrators track log data in real time and manage their apps, servers, and network. Launched in early 2012, Sumo Logic has raised $80.5 million to date and will use the latest funds to build out additional technology and expand into Europe, the Middle East, and Asia.
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New York-based recruiting tool provider Jibe has raised $20 million in a Series C round led by SAP Ventures with participation from existing investors Polaris Partners, DFJ, Gotham Ventures, Longworth Venture Partners, and Thrive Capital. Jibe puts a company's recruiting tools in the cloud and on their mobile devices, providing a single platform for companies to attract and engage candidates that integrates with existing applicant tracking systems. Founded in 2010, Jibe will use the new cash to grow its engineering, customer success, and global sales teams.
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San Francisco-based lending startup Earnest has raised $15 million in new funding from Andreessen Horowitz, Atlas Venture, and Maveron. Earnest is a merit-based lender that accounts for an individual's achievements and earning potential rather than credit history, offering one to two-year loans up to $20,000 at low interest rates. Earnest launched in Massachusetts and Florida earlier this year and will open its service to residents of 7 new states, including New York and California, this week.
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Since the last email, CrunchBase captured more than 29 rounds and $367 million in fundings... and the data keeps rolling in.
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Top Funding Rounds
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Sumo Logic
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Sumo Logic, a log management and analytics service, ...
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JIBE
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JIBE builds SaaS recruiting solutions that enable companies ...
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Earnest
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We are a merit-based lender with a different approach to ...
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Centrify
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Centrify, an identify management software maker, developes ...
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Captora
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Captora offers breakthrough Cloud Marketing Applications
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Tamr
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Tamr makes data source connectivity and enrichment fast, ...
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NoWait
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NoWait is an iPad wait list and seating tool enabling ...
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LuckyFish Games
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Lucky Fish Games developed a unique gaming platform which ...
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Appwiz
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Mobile Monetization Platform
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AfterShip
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AfterShip is a shipment tracking app for online retailers ...
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Did we miss anything?
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Since our last email, 6131 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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