Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Medallia lands a whopping $150M to help companies keep customers happy
Keeping customers happy is a company’s first order of business.
But, Medallia CEO and cofounder Borge Hald pointed out to me via email, that task gets harder as a company gets bigger.
To help companies — especially big ones — maintain those relationships, the Palo Alto, Calif-based company is today announcing it has scored a huge $150 million round. This is Medallia’s fourth since its founding in 2001, bringing the total raised thus far to $255 million. Clients include Airbnb, Four Seasons, GE, Macy’s, and Marriott International.
BrightBytes raises $33M to help schools everywhere gauge the impact of technology in classrooms
BrightBytes, a software-as-a-service (SaaS) data-analytics company that measures the impact of technology in K-12 education, has raised $33 million as part of a series C financing.
The San Francisco-based company had raised $18.5 million since its inception in 2012, so today’s news takes its total funding past the $50 million mark. The round was led by Insight Venture Partners, a VC and private equity firm based in New York, with contributions from Bessemer Venture Partners, Learn Capital, and Rethink Education.
Cloud platform company Apprenda takes $24M
Apprenda, a startup that sells platform-as-a-service (PaaS) cloud software for building and running applications, announced today that it has raised $24 million in new funding.
Apprenda started in 2007 and is based in Troy, New York. To date, the company has raised $56 million, including the $16 million round from November, 2013. Apprenda claims to have dozens of customers, including AmerisourceBergen, JPMorgan Chase, and McKesson.
Safeguard Scientifics led the new round in Apprenda. New Enterprise Associates and Ignition Partners also participated.
Photo marketplace 500px raises $13M more to help double down on its expansion in China
Photo community and marketplace 500px has raised $13 million in new funding in a round led by strategic investor Visual China Group. The company says that it will be expanding its presence in the Greater China market while also working to grow its community of photographers.
Along with the Visual China Group, the company’s Series B round included participation by all the major investors from the previous investment, including Andreessen Horowitz, Harrison Metal, and ff Venture Capital. In total, 500px has raised $23 million in venture capital.
YC-backed Verbling teaches its way to $2.7M
Over the weekend I learned how to introduce myself and hold a 10-second conversation in French. You may not think this is exciting, but if you want to get a general sense of my French skills, you can watch this or this.
My newfound knowledge came courtesy of a free half-hour trial on Verbling, a marketplace that allows its users to find a language teacher — from the comfort of their PJs at home — who can tailor a class to the student’s proficiency level and schedule. The Y Combinator graduate told VentureBeat that it raised $2.7 million in a Series A round led by Bullpen Capital. James Conlon, the firm’s partner, will join Verbling’s board.
Fractured Space developer Edge Case Games secures $1.3 million in funding
In space, no one can hear you get funded.
Edge Case Games, the developer of the competitive, team-based spaceship game Fractured Space, announced today that it has secured $1.3 million in funding. Most of that comes U.K. investor Mercia Technologies. This makes Edge Case Games a company to get significant funding as a PC developer in an era filled mobile investing.
This list will be updated with breaking funding news all day. Check back for more.
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