Tagged: business intelligence

Palantir Technologies filed $165.12 million in additional commitments


Change: offered +59% / raised +59% / placed 100%

XDATA – September 12th 2014

palentirIn a document filed with the SEC, Palantir Technologies reported placing an additional $165.12 million worth of equity securities. The company had previously disclosed raising $279.07 million. So far a total of fifty-three investors acquired $444.18 million worth of securities. The private placement’s expected net proceeds amounts to $424.18 million which excludes $20 million paid in brokerage fees. The offering is structured to close in the last couple of months at the latest. It was filed under security registration exemption rule 506 for which there is no fundraising cap. The company closed twelve unregistered private placements which raised an estimated $660.63 million. The $50 million financing round amount published by Fortune’s Dan Primack (444-(279+111)=54), shows how difficult it is to relate Form D’s amendments to one another and their original filing, even by tenured professionals as Mr. Primack.

Palantir Technologies develops and markets big data analytics platforms. The company’s Gotham product allows enterprise to integrate, manage, secure, analyze and visualize all their data. The Metropolis product is designed to integrate, enrich, model, and analyze any kind of quantitative data.

The company is headquartered in Palo Alto CA. Palantir Technologies elected to keep its revenues undisclosed.
The executive team includes Alexander Karp, Colin Anderson, Nathan Gettings and Stephen Cohen.
The board of directors includes Peter Thiel.

The company has raised an estimated total of $1.1 billion via private unregistered security offerings.

Here is for the research:
Based on the info disclosed to the SEC, about $165 million worth of equity securities was issued (it may include a portion related to conversion of debt into equity but it is not specified in the filing). It was filed under registration exemption rule 506 for which there is no fundraising cap, the offering’s date of first sale is 11/20/13. The doc is an amendment to amendment doc 000132165514000002 (filed 02/02/14) which reported $279 million issued. 444-279=165. The original filing of this offering is 000132165513000003 (filed 12/05/13) which reported $57.5 million issued.
The $111 million disclosed also on 02/02/14 (000132165514000001) are not related to this present offering and were sold on 06/28/13., it points to original filing 000132165513000001 filed 06/28/13.

Offering recap
Status: On-going
Company: Palantir Technologies
Industry: Other Technology
Amount offered: $444.18 million
Amount placed: $444.18 million
First sale: 11-20-2013
Data as of: 09-12-2014

For more information visit www.XDATA.co

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GoodData launched a $35 million offering and placed 73%


XDATA – September 9th 2014

gooddataAccording to a document filed by GoodData with the SEC, the company launched a $35 million non-brokered equity offering. So far GoodData sold 73% or $25.7 million worth of new unregistered securities to ten backers. The subscription started almost two weeks ago. Based on the offering’s structure, the company has until August 2015 to raise an extra $9.3 million. A total of five unregistered securities offerings closed by the company raised an estimated $69.99 million.

GoodData markets and develops a cloud-based business intelligence platform. The company’s Open Analytics platform helps companies manage and analyze data in one seamless, interactive environment. The company is backed by Andreessen Horowitz, Fidelity Growth Partners, General Catalyst Partners, Next World Capital, Tenaya Capital, TOTVS SA, and Windcrest Partners.

The company, headquartered in San Francisco CA, is led by Roman Stanek (CEO). GoodData elected to keep its revenues undisclosed.
The executive team includes Pete Godbole.
The board of directors includes Brian Paul, David Girouard, John O’farrell, Larry Bohn and Marilia Rocca.

The company has raised an estimated total of $95.69 million via private unregistered security offerings.

Offering recap
Status: First close
Company: GoodData
Industry: Other Technology
Amount offered: $35 million
Amount placed: $25.7 million
First sale: 08-27-2014
Data as of: 09-09-2014

For more information visit www.XDATA.co

Zignal Labs revised its offering cap upward to $13.74 million and received $10.7million in commitments


Change: offered +34% / raised +48% / placed 78%

XDATA – September 8th 2014

zignal labs Zignal Labs upped its financing to $13.74 million from $10.24 million after receiving new commitments. An additional $3.47 million worth of securities was placed by the company with thirteen investors since the company last released data a few months ago. This brings to $10.7 million the amount raised from the nineteen backers who subscribed to the offering. The subscription is structured to close once the 22% left is fully subscribed or next May at the latest. Up to now Zignal Labs had raised an estimated $4.8 million in unregistered securities via one financing round. An undisclosed portion of the offering is related to the conversion of debt into equity.

Zignal Labs develops and markets a big data social and digital media analytic and monitoring platform. The company captures real-time online conversations and filter them into relevant issue categories, making it easy to quickly identify key trending stories.

The company, headquartered in San Francisco CA, is led by Adam Beaugh (CEO). Zignal Labs elected to keep its revenues undisclosed.
The executive team includes James Hornthal and Joshua Ginsberg.
The board of directors includes Andrew Ballard and Mitchell Cohen.

The company has raised an estimated total of $15.5 million via private unregistered security offerings.

Offering recap
Status: Intermediary close
Company: Zignal Labs
Industry: Other Technology
Amount offered: $13.74 million
Amount placed: $10.7 million
First sale: 05-20-2014
Data as of: 09-08-2014

For more information visit www.XDATA.co

Semmle files details on its $8 million financing


XDATA – August 28th 2014

semmle Semmle raised $8 million from three financial backers almost two weeks ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
The amount offered reported to the SEC represents the portion of the placement earmarked by the company for US investors.

Semmle markets and develops a business intelligence solution for software engineering. it offers top level metrics and drill-down to any level of detail from individual or team down to area of the code. It computes software metrics, finds programming bug patterns, and offers actionable suggestions to enforce coding conventions.

Semmle, registered in 2014, is headquartered in Oxford United Kingdom. It is led by Oegerikus De Moor (President). Revenues were not disclosed.
The board of directors includes Joseph C M Hall.

Offering recap
Status: Completed
Company: Semmle
Industry: Other Technology
Amount offered: $8 million
Amount placed: $8 million
First sale: 08-15-2014
Data as of: 08-28-2014

For more information visit www.XDATA.co

$160,000 worth of equity securities were sold by SetuServ


setuservSetuServ disclosed selling $160,000 worth of equity securities as part of financing round. The equity securities, which started to sell almost two weeks ago, were bought by five investors. No offering was previously initiated by the company under a registration exemption with the SEC.

The company provides business solutions to help companies derive insight from unstructured data by deploying machine learning technologies, data enhancements and collection. Perhaps this is the start of business insight outsourcing (BIO).

The company, headquartered in Chicago IL, was registered in 2012. SetuServ elected to keep its revenues undisclosed.
The executive team includes Roshan Alvares and Sanga Reddy Peerreddy.

Offering recap
Status: Completed
Company: SetuServ
Industry: Other Technology
Amount placed: $160,000
First sale: 03-10-2014
Data as of: 03-20-2014

Business intelligence cloud app closed on $500,000 financing out of an expected $750,000


A first close of $500,000 was initiated by Conclusive Analytics, formerly known as Conclusive Marketing, on its fundraising effort started last month. 67% of the $750,000 non-brokered equity offering was placed with two investors. The company will attempt to raise an additional $250,000 in funding before the end of the offering a year from now. The company closed three private placements which raised an estimated $5.08 million. The company is backed by Frontier Capital a growth investor specialized in the business services sector.

The company develops and markets a cloud based business intelligence application (app) focused on analyzing customer data to identify opportunity areas for increased sales. The analytics is structured to handle big data.

The company, headquartered in Charlotte NC, is led by Donald Clifford (Chief Executive Officer). Conclusive Analytics elected not to disclose its revenues. The board of directors includes Joel R. Lanik and Richard T. Maclean.

Offering recap:
Status: First close
Company: Conclusive Analytics
Industry: Other
Amount offered: $750,000
Amount placed: $500,000