Global AI in healthcare market expected to rise to $164B by 2030
The market size for 2023 was $10.31 billion
Read more...Every funding announcement we covered in the past week came from an early-stage company raising either a Series A or Series B round. No seed or late-stage ventures this time.
Factual, an open and collaborative data platform, secured a $25 million Series A round co-led by Andreessen Horowitz and Index Ventures, with participation from Michael Ovitz and SV Angel, founded by Ron Conway. Andreessen Horowitz previously contributed to the startup’s seed round. Ben Horowitz and Danny Rimer, from Andreessen Horowitz and Index Ventures, respectively, will join the Factual board of directors.
Cloud infrastructure software company Gazzang secured $3.5 million in Series A funding led by Austin Ventures. Additionally, Larry Warnock, who led the acquisition of Phurnace Software by BMC Software earlier this year, has joined Gazzang as CEO. Gazzang primarily provides data security, which the company says is widely available for large commercial databases like Oracle and Microsoft SQL Server but not open-source alternative MySQL.
Cloud software storage company Panzura raised $12 million in a Series B funding round led by Khosla Ventures with participation from existing investor Matrix Partners and newcomer CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures LLC. Matrix previously contributed to the company's Series A round.
Social media marketing platform Shoutlet raised a $6 million Series B round of funding led by Madison-based American Family Insurance. Origin Ventures and Leo Capital Holdings, both contributors to Shoutlet’s $2 million Series A, also participated in the latest round. The two rounds, added to a $1.2 million seed in 2007, make for a total of $9.2 in venture capital funding.
Taulia, a dynamic discount and self-service platform for corporations, raised $3.2 million from Matrix Partners, with participation from Trinity Ventures and The Angels’ Forum. The new funds will help expand U.S. and European sales of Taulia’s dynamic discount Software as a Service solution. The company’s SaaS solution allows companies to pay their invoices early, which benefits suppliers who are spared the hassle of financing costs associated with collection cycles in excess of 60 days. In exchange for allowing suppliers to collect money faster using Taulia’s Invoicement Suite, they pay double-digit interest rates.
Email and social account aggregator Threadsy raised $3 million in Series B funding, according to an SEC filing. Though the startup has yet to confirm the round or provide additional details, the filing lists the following persons involved in the deal: Simon Robert Goldman, CEO of Threadsy; John Johnston, co-founder of August Capital; and Amy Errett, partner at Maveron. Both Maveron and August, with participation from Harrison Metal Capital, previously contributed to Threadsy’s $3.3 million Series A round filed in 2008.
Viki, a community-powered site that offers TV shows and movies from around the world in multiple languages, announced Wednesday that it has raised $4.3 million in Series A funding from Greylock Partners, Andreessen Horowitz, Charles River Ventures, and Neoteny Labs. Also contributing private investments are some media executives, including Rajesh Sawhney, President of Reliance Entertainment of India, and Alex Zubillaga, former global head of digital at Warner Music.
The market size for 2023 was $10.31 billion
Read more...At Culture, Religion & Tech, take II in Miami on October 29, 2024
Read more...The company will use the funding to broaden the scope of its AI, including new administrative tasks
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Shoutlet provides a centralized platform that helps companies manage and monetize their social media communication. It includes Facebook and Twitter management, Social CRM, widget building, email and mobile marketing, social commerce, and real-time analytics in one easy-to-use interface. The platform gives brands and agencies the tools to create, manage, and measure their entire social media communications. Companies using Shoutlet's platform are able to better design and implement highly targeted campaigns and ultimately improve the business impact of their social media communications.