• Leanplum

  Led · Series D · Apr 2018

  Leanplum is a customer engagement platform whose technology is embedded in apps and websites. The company says about 2 billion people used apps and websites that use its services in 2019. It announced a $27 million extension to its 2017 Series D and said the proceeds will be used to bolster product development and go-to-market efforts. With the new extension, Leanplum has now raised a total of $125 million. The company also announced an executive transition: George Garrick was appointed president and CEO, Sheri Huston became CFO, co-founder Momchil Kyurkchiev moved to chief product officer, and Russ Fradin joined the board. The leadership changes were described as a transition to support the company as it accelerates growth and expands globally. Leanplum, founded in 2012 by CEO Momchil Kyurkchiev, provides a mobile marketing platform built for engagement. The platform enables brands to orchestrate multi-channel campaigns across messaging and in-app experiences and offers real-time insights to deliver in-the-moment engagement. Customers named in the article include Tinder, Grab, Tesco and Zynga, as well as APAC apps Liven, Lomotif, ofo and TMON. The company is based in San Francisco, CA. Leanplum closed a $52M Series D add-on and intends to use the funds to scale and accelerate growth in China and the greater APAC region. Leanplum is a San Francisco-based provider of a mobile engagement platform founded in 2012 by Momchil Kyurkchiev. The platform enables brands such as Tinder, Grab, Tesco, and Zynga to orchestrate multi-channel campaigns—from messaging to the in-app experience—through a single integrated platform. Leanplum captures more than 16 billion mobile data points daily. The company intends to use its new funding to accelerate product innovation in machine learning, cross-channel automation, and one-to-one personalization, and to expand globally. Leanplum has offices across North America, Europe, and Asia. Prior to this round the company had received more than $93M in total funding. Leanplum started as a mobile A/B testing platform and has expanded into a full mobile marketing platform. Its product supports push notifications and in-app messages and has just launched an email engagement channel out of beta. The platform lets marketers segment and target users by location, in-app behavior, purchase history and coordinate messages across channels. Leanplum counts customers including Tinder, Lyft, Zynga and Macy’s. The company says it has tripled revenue over the past two years and expects to triple again in 2016. It is tracking close to four billion events per day and expects that to reach 12 billion by the end of the year. Leanplum plans to use new funding to expand sales, marketing and engineering teams and to drive global expansion. Leanplum offers a mobile lifecycle marketing platform combining personalized messaging, dynamic UI optimization and A/B testing with analytics to help marketers re-engage users after app install. The company recently launched its Lifecycle Engine, a comprehensive dashboard that lets non-technical users trigger personalized campaigns based on time and user behavior. Leanplum began as an iOS and Android A/B testing service and graduated from TechStars Seattle in 2012 before expanding into a full lifecycle marketing solution. Management reports the business grew 5x year-over-year and has received validation from customers such as Expedia. With the new funding the company plans to hire more engineers and invest heavily in marketing and sales, including international expansion. To date Leanplum has raised a total of $17.2 million.

• Kaminario

  Led · Equity · Jan 2017

  Kaminario builds a composable data platform and software-defined cloud storage that delivers agility, scalability, and performance for modern datacenters. Its core product supports NVMe/NVMf and is certified to run on Western Digital’s Ultrastar NVMe and SAS platforms. The company sells software via a partnership with Tech Data, enabling on-demand delivery of an industry-standard hardware stack. Kaminario reported topline software growth of more than 55% in the first nine months of 2018 versus the same period in 2017 and said it was cash-flow positive for the quarter ended Sept. 30, 2018. Future plans focus on advancing software composable infrastructure (SCI) and software-defined solutions in collaboration with Western Digital. Kaminario targets cloud-scale datacenter operators, SaaS, consumer internet and cloud service providers, and emphasizes real-time analytics, datacenter automation, and assured data access. Kaminario develops all-flash storage arrays aimed primarily at cloud and SaaS vendors that need predictable performance, scalability and cost efficiency. The company launched in 2010 and is based near Boston. Kaminario bet early on all-flash architectures and a cloud-focused go-to-market, positioning it against legacy storage incumbents and other flash players. CEO Dani Golan said flash prices have fallen and demand from public and private cloud customers has increased. The company currently employs about 275 people and has raised a total of $218 million to date. Kaminario plans to use the new funding to expand internationally, develop new products, and pursue strategic acquisitions if suitable targets arise. Kaminario builds an all‑flash storage array it says is lower cost than hybrid solutions and uniquely able to both scale up (add storage capacity) and scale out (add compute capacity). The company has prioritized product development over marketing until recently and says it is deployed with hundreds of customers, though no exact customer count was shared. Dani Golan is the founder and CEO. Kaminario positions itself against competitors like Pure Storage and emphasizes cost and scalability as its differentiators. The startup is preparing to increase its market presence now that it has additional funding. The article does not disclose revenue or other operating metrics beyond customer deployment claims. Kaminario is a Newton, MA-based provider of high-performance all-solid-state (SSD) SAN storage solutions. Led by CEO Dani Golan, the company offers the Kaminario K2 family of all-solid-state SAN storage. The K2 systems are designed to eliminate I/O bottlenecks and reduce latency to accelerate critical business applications. Kaminario said it will use the new funding to expand into new markets. Recent financing activity includes a strategic investment from Mitsui & Co. Global Investment and a recently closed $25m D round. Financial details of the strategic investment were not disclosed. Kaminario builds high-performance all-solid-state (SSD) SAN storage arrays centered on its Kaminario K2 product. The K2, introduced in 2010, is described as the first all-solid-state storage array to offer enterprise-grade high availability and data protection within a single system, with a scale-out architecture and end-to-end, self-healing DataProtect features. The product delivers ultra-low latency, high throughput (tens of GBs) and millions of IOPS for performance-sensitive applications. Kaminario reports significant revenue growth and a global customer base across financial services, web media, telecommunications, government and academia. The company was founded by storage veterans from EMC, NetApp and IBM and has a global partner network that includes Dell as a reseller. Kaminario says it will use additional funding to broaden market reach and further advance the K2’s enterprise storage capabilities.

No current team members are available.