Proofpoint, GreenVolts, Prezi: Bay Area BizTech by the Numbers
Time for our irregular, data-driven roundup of recent deals news from around San Francisco Bay. From biggest to smallest:
$50 million—The amount that Sunnyvale, CA-based Proofpoint hopes to raise in an upcoming initial public offering, according to S-1 registration papers filed with the SEC yesterday. The cloud security company’s leading venture investors include Mohr Davidow Ventures, Benchmark Capital Partners, Meritech Capital Partners, DAG Ventures, and RRE Ventures.
$35 million—New funding from Swiss power giant ABB and Oak Investment Partners for GreenVolts, a Fremont, CA-based maker of concentrating photovoltaic systems. The company took the wraps off its technology yesterday, calling it “the industry’s first complete and fully integrated solar system, including modules, trackers, inverters, and energy management software.”
$30 million—A round of debt and option funding for Redwood City, CA-based Silver Spring Networks, a maker of advanced metering hardware and software for utilities. The lion’s share of the funding, $24 million, came from Hopkinton, MA-based EMC, which announced that Silver Spring’s system will tap EMC’s Greenplum analytics platform.
$17.8 million—New funding for TaskRabbit, the San Francisco-based service networking startup. Xconomy’s Greg Huang detailed the funding yesterday; participants included Lightspeed Venture Partners, Baseline Ventures, First Round Capital, Floodgate Fund, Collaborative Fund, and Shasta Ventures.
$14 million—A Series B financing round for Prezi, the Budapest, Hungary- and San Francisco-based startup offering a cloud-based presentation tool. Accel Partners led the round, which was joined by existing investor Sunstone Capital.
$10 million—Series A funding from IDG-Accel for BlueSprig, a new San Francisco startup offering utility software for iOS and Android mobile devices. BlueSprig’s first app, AirCover, combines cloud backup, security, and family safety features.
$7 million—Total venture financing raised by Rypple, the cloud-based human resources management company to be acquired by Salesforce.com for an undisclosed amount. With offices in Toronto and San Francisco, Rypple was backed by Edgestone Capital Partners, Extreme Venture Partners, and Bridgescale Partners. In a seeming dig at Rypple competitor SuccessFactors, Salesforce.com said it would relaunch Rypple as part of a new human capital management division called “SuccessForce.”
$3.5 million—A Series A funding round announced December 13 for San Francisco-based Life360, which makes a popular family safety app for smartphone owners. The new backers included Fontinalis Partners, Bessemer Venture Partners, 500 Startups, Kapor Capital, Venture51, Bullpen Capital, Social Leverage, and EchoVC Partners, as well as previous seed-round investors.
$1.725 million—The amount of a Federal Highway Administration grant for San Francisco- and San Diego-based peer-to-peer car sharing company Getaround. The startup says it will use the funds to expand service to Portland, OR, in the first quarter of 2012.
$1.5 million—A seed funding round for MixRank, a Y Combinator Summer 2011 startup offering a Web display ad intelligence platform that helps advertisers track how well their own ads and and competitors’ ads are performing. Contributors to the round include 500 Startups, Mark Cuban, Rich LeFurgy, Peter Bordes, Robert Afshar, Larry Braitman, David Beyer, Tom McInerney, Matt Ocko, and Zachary Bogue.
1 million—The number of iPhone and iPod touch owners who downloaded the new Flipboard iPhone app during the first week after its launch, according to an announcement yesterday from the Palo Alto company. We took a look at the new Flipboard app last week.
766,000—The number of unique visitors to tech news site ReadWriteWeb in November. San Francisco-based vertical advertising network Say Media said yesterday that it’s acquiring the site for an undisclosed sum. Xconomy examined Say Media’s niche-publishing strategy in a May 2011 profile.
100—G-Pad‘s ranking in the iTunes list of most popular free iPad apps as of last night, just 24 hours after its launch. The app, from the same San Francisco startup that makes the Facebook app MyPad, is designed to help people manage their Google+, Gmail, and Twitter accounts.
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