Tuesday, October 21, 2014

Funding Daily: Today’s tech funding stories, in one place

Funding Daily: Today’s tech funding stories, in one place
Image Credit: Andrew Magill/Flickr


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Here’s a list of today’s biggest funding stories, updated as the day unfolds. Tip us here if you have a deal to share.


Snowflake raises $26M to manage all your data in its cloud


Snowflake Computing, the enterprise-focused startup with former longtime Microsoft executive Bob Muglia as its chief executive, is coming clean today about all the venture funding it’s been sitting on: a cool $26 million since starting in 2012, including a new $20 million round.


Redpoint Ventures, Sutter Hill Ventures, and Wing Ventures have backed the startup, which is based in San Mateo, Calif. About 50 people work there, and the headcount should rise to 100 within a year, said Muglia, who spent 23 years at Microsoft before joining Juniper.


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Fiksu secures $10M to expand its mobile ad tech business


Boston-based mobile app ad tech company Fiksu has lined up $10 million in debut funding from Silicon Valley Bank to continue a global expansion and ongoing development for its “programmatic mobile demand platform.”


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This list will be updated with breaking funding news all day. Check back for more.


Funding Daily: Today’s tech funding stories, in one place

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