Experiment Engine, an Austin-based SaaS start-up, proudly announces the close of a $1 million seed round. Founder Collective, based in NY and Boston, joined the seed stage round with other notable support from Texas-based Mercury Fund. Two former E&Y Entrepreneur of the Year award recipients also participated: Dan Graham, CEO of BuildASign, and Rony Kahan, Co-founder of Indeed.com.
Infocyte, Inc., a San Antonio-based cyber security startup, has secured $500k in additional seed funding to accelerate development of its’ assessment platform, Pulse. Led by Austin-based LiveOak Venture Partners, the funding will be used to expand Infocyte’s development team ahead of their planned 1st Quarter 2015 product launch.
Bigcommerce Raises $50 Million in Growth Equity; Investors Include SoftBank Capital and Telstra Corporation
Bigcommerce, the ecommerce platform of choice for fast-growing brands, today announced it has raised $50 million in Series D funding. The company will use the funds to invest in product development, aggressively grow sales and marketing, and expand its business to new markets. The financing was led by SoftBank Capital, a venture firm affiliated with SoftBank Corp., and included Telstra Ventures and American Express, as well as existing investors General Catalyst and Revolution Growth. Steve Murray, a partner at SoftBank Capital, will join the Bigcommerce board.
Austin-based Ambiq Micro, a leader in ultra-low power integrated circuits for power-sensitive applications, today announced that is has closed a $15 million Series C funding round to accelerate the development and marketing of its SPOT™ (Subthreshold Power Optimized Technology) platform. The funding round was led by Kleiner Perkins Caufield & Byers (KPCB) and was supported by existing investors including Austin Ventures, Mercury Fund, and ARM Holdings. KPCB partner Wen Hsieh will be joining Ambiq Micro’s board.
Gravitant, the leading software company in the enterprise cloud brokerage and management market, today announced it has expanded its Series B funding round by an additional $25M led by new investor Cielo Private Equity and existing investor S3 Ventures.
Clarify, an Austin-based startup offering a platform for audio and video search and analytics announced today that it has closed a $1 million seed financing with enthusiastic participation from Projector Ventures and Silverton Partners, and additional notable support from Austin-based Blake Chandlee together with several other early Facebook executives; Michael Rauchman, a pioneer in electronic trading; Brett Hurt, the founder of Coremetrics and Bazaarvoice; and Sam Decker, a founder of Mass Relevance (now Spredfast) and now a Clarify Board Member. The primary use of funds will be to continue to engineer the core platform, support early customers, and grow in key markets.
6Qube, a leading provider of internet marketing software and services, today announced that it has secured $100,000 in growth funding from Lighter Capital in Seattle. 6Qube will use the funding to fuel its sales and marketing efforts, and make key upgrades to its suite of technology products.
Pivot3, a leading supplier of hyper-converged infrastructure, announced today that it has closed a $12-million funding round that will drive additional product development and accelerate the company’s growth. The round, led by new investor S3 Ventures of Austin, also included participation by current investors, InterWest Partners and Mesirow Financial.
SpareFoot, which operates the country’s largest online marketplace for self-storage, has raised $10 million in venture capital from Insight Venture Partners.
Spiceworks, the professional network for IT, today announced it has closed a $57 million Series E round of funding led by Goldman Sachs with participation from existing investors.