Tagged: cloud

Piston Computing disclosed today raising $8.4 million via financing rounds


xdata eggHey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are available here. You can find the story and many more on qbeats as well.

For more information visit www.XDATA.co

Picture piston

Altiscale’s offering lures sixteen backers


altiscaleSo far sixteen investors participated to Altiscale‘s $34 million non-brokered financing round. Financial backers bought, on November 12th, 80% of the offering or $27.32 million worth of equity. Based on the offering’s structure, the company has until November 2015 to raise an extra $6.68 million. It appears to be the first time the company is filling a security offering under a registration exemption.

Altiscale develops and markets a cloud service purpose-built to run Hadoop. The service is an on-demand, elastic solution on a pay-as-you-go basis. The company’s Data Cloud was created to provide organizations access to infrastructure “purpose-built” for Hadoop, as well as the operational expertise needed to execute complex Hadoop projects. By monitoring both the infrastructure and jobs, the company provides unparalleled levels of service for its customers. Investors include Sequoia Capital, General Catalyst and Accel Partners.

The company, headquartered in Palo Alto CA, is led by Raymond Stata (President). Altiscale elected to keep its revenues undisclosed.
The executive team includes Matteo Marchetta and Raymon Stata.
The board of directors includes Larry Bohn and William Coughran.

Offering recap
Status: First close
Company: Altiscale
Industry: Other Technology
Amount offered: $34 million
Amount placed: $27.32 million
First sale: 11-12-2014
Data as of: 11-26-2014

For more information visit www.XDATA.co

Socrata launched a $35 million offering and placed 86%


socrataAccording to a document filed by Socrata with the SEC, the company launched a $35 million non-brokered equity offering. So far Socrata sold 86% or $30 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 November 2015 to raise an extra $5 million. Until this disclosure Socrata had raised an estimated $18.37 million in unregistered securities via one previous financing round.

Socrata develops and markets cloud solutions for open data and data-driven governments. The company’s solutions assist government leaders in improving transparency, modernizing citizen access to information and bringing data into every decision, all with unprecedented speed and cost savings. Delivered as turnkey services, the company’s technologies unlock data trapped in enterprise silos, mobilize and transform it into useful information that everyone can easily access, visualize, share and reuse. Investors include OpenView Venture Partners, Morgenthaler Ventures and Frazier Technology Ventures.

The company is headquartered in Seattle WA. Socrata elected to keep its revenues undisclosed.
The executive team includes Dan Wassel and Kevin Merritt.
The board of directors includes Jai Das, Robert A Runge, Scott Darling, Scott Maxwell and Susan Carstensen.

The company has raised an estimated total of $48.37 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Socrata
Industry: Other Technology
Amount offered: $35 million
Amount placed: $30 million
First sale: 11-14-2014
Data as of: 11-25-2014

For more information visit www.XDATA.co

AnyPresence files details on its $6 million financing


XDATA – September 26th 2014

anypresence AnyPresence raised $6 million from four financial backers three weeks ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. Two previous unregistered financing rounds raised an estimated $8.55 million.

AnyPresence develops and markets a cloud-based application development platform that securely adapts enterprise systems to support mobile and emerging smart devices. The solution is designed to reduce the time and cost of mobile-enabling enterprise business processes, products, and services, as well as offer the freedom of 100% portable source code.

The company, headquartered in Reston VA, is led by Anirban Chakrabarti (President and CEO). AnyPresence elected to keep its revenues undisclosed.
The executive team includes Richard Mendis.
The board of directors includes Betsy Atkins, Jake Tarr, Joe Del Guercio and Lawson Devries.

The company has raised an estimated total of $14.55 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: AnyPresence
Industry: Other
Amount offered: $6 million
Amount placed: $6 million
First sale: 08-29-2014
Data as of: 09-26-2014

For more information visit www.XDATA.co

Array Health re-opened and upped its offering cap to receive $11.38 million in commitments


Change: offered +49% / raised +26% / placed 85%

XDATA – September 19th 2014

array health Array Health re-opened and upped its equity financing to $13.38 million from $9 million after selling additional securities. One new investor bought $2.38 million worth of securities since the company last released data one month ago. This brings to $11.38 million the amount raised from the thirteen backers who subscribed to the offering. The private placement’s expected net proceeds will amount to $13.05 million, excluding $330,000 paid in brokerage fees by the company. The subscription is structured to close once the 15% left is fully subscribed or in about a year at the latest. The company closed five unregistered private placements which raised an estimated $4.08 million.

Array Health develops and markets a cloud-based and white-label application for health insurance companies to offer private insurance exchange.

The company, headquartered in Seattle WA, is led by Jonathan Rickert (President and CEO). Array Health elected to keep its revenues undisclosed.
The executive team includes Daniel Wolf.
The board of directors includes Brian Barefoot, Steven Nelson and William Pocklington.

The company has raised an estimated total of $15.45 million via private unregistered security offerings.

Array Health is registered under the name Array Health Solutions

Offering recap
Status: Intermediary close
Company: Array Health
Industry: Other Health Care
Amount offered: $13.38 million
Amount placed: $11.38 million
First sale: 08-05-2014
Data as of: 09-18-2014

For more information visit www.XDATA.co

ScriptRock completed a new equity offering


XDATA – August 11th 2014

scriptrockScriptRock sold a total of $8.73 million in a non-brokered equity investment round. The transaction which started on July 25th, garnered the support of eighteen investors. No offering was previously initiated by the company under a registration exemption with the SEC.

ScriptRock markets and develops a cloud-based configuration monitoring platform to discover, track, and control environment changes in the data center or the cloud. The company is backed by Valar Ventures, 500 Ventures, Starfish Ventures and Square Peg.

Michael Baukes (President) leads the San Francisco CA based company which was registered in 2012. ScriptRock elected to keep its revenues undisclosed.
The executive team includes Alan Sharp-paul.
The board of directors includes Hamish Hawthorne.

Offering recap
Status: Completed
Company: ScriptRock
Industry: Other Technology
Amount offered: $8.73 million
Amount placed: $8.73 million
First sale: 07-25-2014
Data as of: 08-08-2014

For more information visit www.XDATA.co

Talentoday files for first close after raising 78%


XDATA – August 8th 2014

talentodayTalentoday‘s first close reached $776,000. The company’s $1 million non-brokered equity issue was 78% sold to twelve investors. The first commitments were received on July 25th. Based on the offering’s structure, the company has until July 2015 to raise an extra $224,000. This is the first time Talentoday is selling securities under a registration exemption.

Talentoday develops and markets a online career guidance platform revolving around a proprietary psychometric tool. It automates and simplifies the guidance process by providing a free assessment for individuals and a comprehensive guidance platform for career counselors that accelerates and scales effective job placement as well as identifies career path opportunities.

Pierre-François Verley (CEO) leads the San Francisco CA based company which was registered in 2013. No revenues were reported by the company.
The board of directors includes Herve Goguely and Martin Ryssen.


Offering recap
Status: First close
Company: Talentoday
Industry: Other Technology
Amount offered: $1 million
Amount placed: $776,000
First sale: 07-25-2014
Data as of: 08-08-2014

For more information visit www.XDATA.co

AudioEye re-opened its offering to place $830,000 more


Change: offered +24% / raised +24% / placed 100%

XDATA – August 8th 2014

audioeyeAudioEye re-opened and closed its unregistered equity offering after increasing the placement’s size from $3.45 million to $4.28 million. The offer closed after the company raised $830,000 from two additional investors within almost six months. At closing, a total of seventeen investors had subscribed to AudioEye‘s offering. The private placement’s expected net proceeds amounts to $4 million which excludes $277,000 paid in brokerage fees. Up to now AudioEye had raised an estimated $2.25 million in unregistered securities via one financing round.

AudioEye develops and markets a cloud-based technology platform that converts website content and navigation menus into an interactive and fully accessible audio-equivalent of the website for people with disabilities.

The company, headquartered in Tucson AZ, is led by Nathaniel T Bradley (President and CEO). Revenues on or below $5 million were reported by AudioEye.
The executive team includes Constantine Patamianos, Edward O’donnell, James Crawford, Paul Arena and Sean Bradley.
The board of directors includes Anthony Coelho, Carr Bettis, Edward Withrow, Ernest Purcell and Matthew Mellon.

The company has raised an estimated total of $6.53 million via private unregistered security offerings.


Offering recap
Status: Completed
Company: AudioEye
Industry: Computers
Amount offered: $4.28 million
Amount placed: $4.28 million
First sale: 12-23-2013
Data as of: 08-08-2014

For more information visit www.XDATA.co

Portfolium files for first close after raising 82%


portfoliumPortfolium‘s first close reached $615,000. The company’s $750,000 non-brokered equity issue was 82% sold to eleven investors. The first commitments were received a few days ago. Based on the offering’s structure, the company has until June 2015 to raise an extra $135,000. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.

Portfolium develops and markets an interactive portfolio network and showcase platform. The platform targets students, recent graduates, young and experienced professionals who want to visually showcase their projects, skills and experiences beyond the limits of a traditional resume.

Portfolium, registered in 2014, is headquartered in San Diego CA. It is led by Adam Markowitz (CEO). Revenues were not disclosed.
The board of directors includes Allison Long and Neal Bloom.

Offering recap
Status: First close
Company: Portfolium
Industry: Other Technology
Amount offered: $750,000
Amount placed: $615,000
First sale: 06-09-2014
Data as of: 06-13-2014

Ordoro issues $438,000 worth of securities


ordoro95% of Ordoro‘s $460,000 unregistered private offering was placed on May 14th. The non-brokered equity securities were subscribed by four investors. The first close garnered $438,000. Two previous unregistered financing rounds raised an estimated $1.66 million. The company is backed by E-Merge, a seed stage investor, and Austin Technology Incubator.

Ordoro designs and markets a cloud-based application (app) for small-­ and medium-­ sized e-­commerce retailers. The app is designed to help users manage orders, purchases and inventory. It integrates with Amazon, BigCommerce, Magento, Shopify, 3DCart and Shopsite as well as USPS, UPS and FedEx. Monthly subscriptions range from $39 for a 100 orders to $299 for 1,500 orders.

The company, headquartered in Austin TX, is led by Jagath Narayan (President). Ordoro elected to keep its revenues undisclosed.
The executive team includes Naruby Schlenker.
The board of directors includes Sangram Kadam.

The company has raised an estimated total of $2.1 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Ordoro
Industry: Other Technology
Amount offered: $460,000
Amount placed: $438,000
First sale: 05-14-2014
Data as of: 05-27-2014