Tag Archive for funding

Persado Raises $21M to Make Human Copywriters Obsolete

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by Angela Guess Barry Levine of Venture Beat reports, “If you’re a marketer with a knack for writing great copy, you may want to learn another job skill. New York City-based Persado is offering an artificial intelligence-based system for creating the most effective text for emails, web pages, and other marketing. Today, it announced it…

NLP Startup Taykey Raises $15M

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by Angela Guess Erin Griffith of Fortune reports, “Taykey, a New York startup that makes software for marketers, makes use of 50,000 inputs and 47 engineers with seven doctorates in natural language processing to build tools that surface trends. Inputs include anything from people ‘checking in’ with Foursquare’s Swarm app to a widely popular weather…

Riak Creator Basho Raises $25M in New Funding

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by Angela Guess Jason Verge of Data Center Knowledge reports, “Basho Technologies, creator of the distributed NoSQL database Riak, has closed a $25 million Series G funding round on the heels of solid growth numbers. The financing is being used to expand development and marketing activities. Basho’s focus in Enterprise Riak is on distributed database…

MongoDB Raises $80M in New Funding

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by Angela Guess Jonathan Vanian of GigaOM reports, “NoSQL startup MongoDB is aiming to raise $100 million and has already taken in $79.9 million, according to a SEC document that the company filed this week and has confirmed to Gigaom. The new cash influx comes after a $150 million funding round the startup landed in…

Machine Learning Startup GraphLab Brings in $18.5M, Takes New Name

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by Angela Guess Toby Wolpe of ZDnet reports, “As well as announcing a change of company name to Dato, machine-learning firm GraphLab says a new $18.5m funding injection will help finance expanded engineering, business-development and customer-support teams. The $18.5m series B funding round announced today, led by Vulcan Capital with Opus Capital Ventures and previous…

Xplenty Raises $3M in Series A Funding

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by Angela Guess According to a new release out of the company, “Xplenty, the big data processing platform powered by Hadoop, today announced it has raised $3 million in Series A funding from Waarde Capital and existing seed investor Magma Venture Partners of Israel. The investment will allow Xplenty to expand its platform’s features and…