Each week Talkin' Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. Here are the details.

Dan Kobialka, Contributing writer

January 29, 2016

2 Min Read
Each week Talkin39 Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week
Each week Talkin' Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week.

Each week Talkin’ Cloud compiles a list of cloud computing financing stories for readers who might have missed the news earlier in the week. This week’s column features funding news from BloomReach, Grovo, NewVoiceMedia, Jitterbit and Mercatus.

These stories have been gathered from Talkin’ Cloud’s article database and other media sources. If we missed something, feel free to leave a comment below. We might just add it into the mix.

Here’s this week’s list of 5 Cloud Computing Funding Stories You Might Have Missed, Jan. 29.

BloomReach Raises $56 Million to Personalize the Web. BloomReach has secured $56 million in Series D funding from Bain Capital VenturesBattery VenturesLightspeed VenturesNew Enterprise Associates and Salesforce Ventures. The cloud personalization platform company said the Series D funding will allow it to enhance its big data technology and scale its operations globally.

Grovo Raises $40M Series C to Reinvent Workplace Learning & Development. Grovo has added $40M in Series C funding led by existing investor Accel Partners, with participation from Costanoa Venture CapitalSoftTech VC and other investors. The company, which provides software-as-a-service (SaaS) for workforce training, pointed out the funding will enable it to expand its core product offering. 

NewVoiceMedia Secures $30m Investment to Accelerate Rapid International Expansion and Innovation. NewVoiceMedia has raised $30 million in a new round of funding from new investor BGF Ventures and existing investors Bessemer Venture Partners (BVP), Eden VenturesHighland Capital Partners Europe, Salesforce Ventures and Technology Crossover Ventures (TCV). The cloud contact center platform provider noted it will use the funding to accelerate its international growth and U.S. sales.

Jitterbit Raises $20 Million in Series B Funding Round Led by KKR to Expand Jitterbit’s Market-Leading Cloud Integration Platform. Jitterbit has secured $20 million in a Series B funding round led by KKR. The company said the funding will be used to bolster its cloud integration platform. 

Mercatus Pulls in $11.7 Mln Series B. Mercatus has announced $11.7 million in Series B funding led by Traverse Venture Partners and TPG, with participation from previous backers Vision Ridge PartnersTrepp and Augment Ventures. The company, which offers cloud-based software for energy producers, also added Josh Green of Traverse Venture Partners and Mark Gudiksen of TPG ART to its board of directors.

What are your thoughts on this week’s top cloud computing funding news? Share your thoughts about this story in the Comments section below, via Twitter @dkobialka or email me at [email protected].

About the Author(s)

Dan Kobialka

Contributing writer, Penton Technology

Dan Kobialka is a contributing writer for MSPmentor and Talkin' Cloud. In the past, he has produced content for numerous print and online publications, including the Boston Business Journal, Boston Herald and Patch.com. Dan holds a M.A. in Print and Multimedia Journalism from Emerson College and a B.A. in English from Bridgewater State College (now Bridgewater State University). In his free time, Kobialka enjoys jogging, traveling, playing sports, touring breweries and watching football (Go Patriots!).  

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