Here are the day’s top funding stories:
Maxta gets $25M
Maxta, a Sunnyvale, Calif.-based software enterprise storage provider, today announced a fresh $25 million in venture cash. The startup describes itself as a hypervisor-agnostic storage platform for virtual data centers. Maxta’s software turns existing standard servers into alternative data storage solutions. Maxta describes its value proposition as simple to use and eliminating traditional data storage configurations.
Read more on VentureBeat: Data storage software provider Maxta pulls in $25 million
Igneous Systems raises $23.6M
From an official statement: “Igneous Systems, a company that is reimagining the future of rapidly-expanding data center infrastructures, today announced it has closed a $23.6 million Series A financing round led by New Enterprise Associates (NEA) with participation from Madrona Venture Group, Redpoint Ventures and Isilon Systems co-founder, Sujal Patel. The company had previously raised a $3M seed round led by Madrona Venture Group with participation from Redpoint Ventures. The company will use the funding for product development and for significant expansion of its engineering and leadership teams. As part of the funding, Ron Bernal, venture partner at NEA, joins the board of directors.”
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Metacloud closes $15M
From an official statement: “Metacloud Inc., a leader in deploying and operating OpenStack as a service for some of the world’s largest companies, today announced it has closed a $15 million Series B round of funding featuring new investors Pelion Venture Partners, Silicon Valley Bank, and UMC Capital as well as prior investors AME Cloud Ventures, Canaan Partners, and Storm Ventures.”
Top Hat picks up $10M
From an official statement: “Top Hat, a mobile and web-based teaching platform that empowers educators with real-time feedback, today announced a $10 million Series B funding round led by Georgian Partners with participation form existing investors Emergence Capital Partners, iNovia Capital, SoftTech VC, Version One Ventures and Golden Venture Partners.”
TrademarkNow raises $3.5M
From the TrademarkNow blog: “TrademarkNow, the automated trademark-search and risk-analysis company, has closed an A round worth $3.5 million led by Balderton Capital. TrademarkNow is used by companies to assess the risk of confusion of new names or brands with existing trademarks and to determine the likelihood of successful trademark applications.”
Delectable raises $3M
What do you get when you mix together Shazam, Yelp, and a large database of wines? That would be Delectable. Delectable is announcing today that it’s brought in $3 million as its first institutional round of funding for its wine app. Deep Fork Capital, DN Capital, and Ceyun Ventures led the round, with additional participation from David Sacks, Max Levchin, Joe Lonsdale, and Gary Veynerchuk. The company says it plans on using the new funds to continue building out its technology and database and to release an Android app soon.
Read more on VentureBeat: Hey, winos! VCs are on your side: Wine app Delectable raises $3M
Shakr raises $3M
From the company blog: “Today we’re announcing that Shakr Media has officially closed its latest round of funding, bringing our total raised to $3 million. With this latest funding, we will expand our motion graphics marketplace and push more heavily into the advertising sector. Long dominated by large companies, Shakr is democratizing video ads so that small businesses can participate, too. We’ve done this by combining our drag-and-drop simple video creator with video styles by the same designers who’ve done work for big companies like Nike, Samsung, and major broadcasters.”
Entefy takes $1.5M
In an SEC filing today, startup Entefy disclosed a $1.6 million round of funding. The company took $2 million in its first institutional round last summer. From the company’s (bloviating) homepage: “Entefy is a Palo Alto startup that is rewriting the code of communication. We’re building a pioneering technology that, for the first time ever, will allow people to access every meaningful connection in their lives through a single, people-centric experience.”
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