Guuuuurrrrl, the Valley is on fayah today. In a huge wave of announcements, we saw a bevy of businesses from the Bay getting fierce funding deals. Trust: From Mountain View to Redwood City, from Los Gatos to not-so-sunny San Francisco, o...
Guuuuurrrrl, the Valley is on fayah today. In a huge wave of announcements, we saw a bevy of businesses from the Bay getting fierce funding deals. Trust: From Mountain View to Redwood City, from Los Gatos to not-so-sunny San Francisco, our Bay Area startups were snatching term sheets and serving business executive realness. And it wasn’t just deal volume on the Peninsula, either; the numbers these companies posted were pretty sickening, too. No tea, no shade, but if the New York/Austin/L.A./Boulder scenes want to keep up, they. Bettah. Werk. (If you haven’t seen Paris Is Burning nor do you watch an awful lot of Ru Paul’s Drag Race, this whole thing hasn’t made much sense to you, has it? Have no fear, familiar territory is here.) Now, sashay — away. Adaptive Planning nets $45M Mountain View, Calif.-based Adaptive Planning has raised a massive $45 million in its fourth and final round of funding with a goal to further dominate the CPM space, the business said Tuesday. Adaptive Planning offers a suite of budgeting, planning, forecasting, and data discovery software in the cloud. Its software works for small businesses all the way up to large enterprises, which now represent 25 percent of its business. The company had 1,500 customers at the end of 2012 and it estimates it will have 2,000 customers at the end of this year. Read the full story on VentureBeat. Alexza to raise $25M for health-tech gadget In a Form D filing with the SEC, we learned that health-tech company Alexza Pharmaceuticals is rustling up a $25 million round of debt financing. The Mountain View, Calif.-based company makes Staccato, a new gadget for quickly and effectively delivering drugs to our frail human systems. Change.org raises $15M Popular social petition service Change.org has raised $15 million in new funding — cash that will help it further build up the “world’s largest petition platform.” Change.org, the brainchild of two Stanford students, provides an accessible way to enact social change and it makes it simple to create and sign petitions. The service has grown quite a bit in the last year, jumping from 6 million users in early 2012 to more than 35 million users today. More than half of Change.org’s users are outside the U.S. Read the full story on VentureBeat. ConsultingMD secures $10M Palo Alto, Calif.-based ConsultingMD has secured a $10 million funding round led by venture firm Venrock, the health-focused venture capital arm of the Rockefeller family. The mission is to create a virtual clinic where patients are served by the top doctors in the world. “We don’t believe you need a network of thirty thousand doctors to be effective,” said Tripp [pictured above with cofounder Dr. Lawrence "Rusty" Hoffman] in an interview with VentureBeat. “We would rather use the same 750 doctors who achieve successful outcomes again and again.” Read the full story on VentureBeat. Wanderful takes $9M to the bank S’wanderful! S’marvelous! You should get a check! Wanderful Media, a local shopping and discovery app company based in Los Gatos, Calif., told us today that it’s gotten $9 million in new funding from existing investors. This addition brings the company’s total funding to $36 million and comes on the heels of the April launch of the completely reimagined Find&Save, an online community offering a comprehensive collection of local savings. Brightpearl seals an $8M Series B Brightpearl, a UK company with a San Francisco office, has just taken a lovely $8 million in its second round of institutional funding. The company makes loud software that integrates orders, inventory and customer data across multiple retail channels. “We’ve seen customers experience growth rates of 40-50% by adding new sales channels on the Brightpearl platform vs. single-digit growth for the overall retail sector,” said co-founder Charles Grimsdale in a statement on the news. Clique Intelligence goes home with $5M out of $20M