Highlights from recent IT venture capital investment activity.
26.03.2012 – Austin, TX
Kinnser Software Announces Investment from Insight Venture Partners
Kinnser Software announced today that it has secured Series A financing from Insight Venture Partners, a leading global technology and Internet investment firm. The $40 million investment will enable Kinnser to expand its software and organizational-development efforts to support its rapidly growing customer base. In addition, the funding will be used to accelerate the national rollout of Kinnser’s sales and marketing campaign. http://www.sacbee.com/2012/03/26/4367629/kinnser-software-announces-investment.html#storylink=cpy
Secondary Venture Round
29.03.2012 – San Jose, CA
ThreatMetrix Receives $18 Million In Additional Capital
ThreatMetrix™, the fastest-growing provider of integrated cybercrime prevention solutions, announced today that it has closed a Series D round of financing. August Capital led the investment round of $18 million in capital, with existing investors Tenaya Capital, US Venture Partners and CM Capital also fully participating in the investment. As part of the financing round, Mehra joins the ThreatMetrix board of directors. The partners of August Capital have invested in leading companies such as Atheros, Microsoft, Postini, Sun, Symantec, Seagate, Skype and Splunk. http://www.prnewswire.com/news-releases/threatmetrix-secures-18-million-series-d-financing-144356915.html
27.03.2012 – Richmond Hill, ON
CiRBA Secures $15 Million To Fuel Growth
CiRBA Inc., today announced it has raised $15 million in its third round of institutional funding led by Tandem Expansion Fund. Existing investors Sigma Partners and Edgestone Capital Partners also participated in the deal. The growth round of financing follows a series of enterprise-wide sales to some of the largest financial institutions in the world. These enterprise customers helped CiRBA achieve record software bookings in 2011. http://www.cirba.com/news/press_releases/2012/CiRBA-Secures-$15Million-To-Fuel-Growth.htm
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