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Leadspace Named a Gartner Cool Vendor for 2016 in Tech Go-to-Market Category

PR Newswire--Leadspace today announced it has been selected by Gartner as a Cool Vendor for 2016. Recognized in the Tech Go-to-Market category, Leadspace is one of the only B2B lead enrichment platforms to receive the recognition.

Press Release: Battery Ventures Enters Into Agreement to Purchase Alogent Product Line From Jack Henry & Associates

MarketWired--Spinout of Bank-Technology Unit to Boost Alogent's Reach and Expand Mobile Business; Battery Names Dede Wakefield CEO of New Company

What bubble? VCs spent $12 billion on startups in first quarter

TechCrunch--Venture capitalists will tell you that a lackluster IPO market and struggling tech stocks mean that they are being more cautious, but the data suggests otherwise.

VCs rake in cash, but deals drop

The Mercury News--Venture capitalists raised more money last quarter than they have in 10 years, even as they pulled back on what was once a whirlwind of spending.

First-Quarter VC Activity Buoyant at $12.1 Billion, & Top 10 Deals

Xconomy--Venture capital firms invested $12.1 billion in 969 startup deals nationwide during the first three months of 2016, marking the ninth consecutive quarter when VCs invested at least $10 billion in new companies, according to the MoneyTree Report.

Branch in the PCMag Start-Up Spotlight

PC Magazine--The deep linking space is one you likely haven't heard much about and that's by design. If deep linking does its job, the technology is nearly invisible to the end user. Without a deep link in place, you're likely to run into one of the dead links, wonky redirects, or chain-breaking application install pages that's plaguing the booming mobile app economy.

PowerInbox receives $6.5 million, plans to make emails more dynamic

Geektime--Israeli-American startup PowerInbox announced today the close of has raised $6.5 million in new Series A funding.

Vera helps developers build data security into any application

Silicon Angle--Encryption is the name of the game when it comes to securing data at rest, in transit and in use. The problem is enterprises often have trouble integrating encryption into their applications.

How Deep is Your Learning?

Forbes--When the virtual assistant Siri showed up on iPhones four years ago, the technology felt like the first glimpse of those scary-smart, talking robots you’ve been reading about in science fiction for years.

Three-time founders lead cloud computing Stratoscale to $27M

Geektime--It is not every day that two founders have both made previous exits. This is the story of how Israeli Stratoscale has soared to such heights.

Google Plans to Boost Its Cloud Game

Fortune--Google Cloud Platform needs more data centers, more applications, and more corporate accounts.

Diablo Technologies Makes Memory Cheap With Memory1

Forbes--Diablo Technologies is spruiking a new kind of memory. Diablo’s new product, Memory1, is a larger, cheaper form of main memory that uses flash storage instead of DRAM to provide a cheap-and-deep option for in-memory applications.

In the Cloud, Google Jockeys for Position

Fortune--Amazon dominates. Microsoft is next in line. What about Google? How big is the cloud business? Big. Really big. The global market for public cloud services will grow 17% to $204 billion this year, estimates market researcher Gartner, more money than General Motors makes in a year.

With Walabot, Your Phone Can “See” Through Walls And Pan For Gold

Fast Company--In the first demo, Raviv Melamed, CEO and cofounder of Walabot, uses the camera on his phone to see through our conference room table and detect the number of fingers he's holding up beneath the surface.

VC Dharmesh Thakker talks about ‘new normal’ in startupland

Silicon Valley Business Journal--Dharmesh Thakker moved from Intel Capital to Battery Ventures last year, but that hasn't necessarily meant a whole new portfolio for him.

Start-Up Lessons From the Once-Again Hot Field of A.I.

The New York Times--In 2010, Kris Hammond, an experienced artificial intelligence researcher, and a few partners founded Narrative Science. The Chicago start-up’s software ingests and interprets numbers for things like investment holdings, billing records and sports statistics and transforms them into written summaries or stories.

Reflektion raises $18M to help figure out what shoppers are looking for

Silicon Valley Business Journal--E-commerce analytics startup Reflektion raised $18 million in new funding led by a familiar face at a new venture firm.

Press Release: Battery Ventures-Backed Software Company Brightree LLC to Be Acquired for $800 Million

MarketWired--Brightree, a Home-Healthcare SaaS Innovator, Agrees to Be Purchased by Medical-Device Company ResMed to Promote Connected Healthcare

Press Release: Battery Ventures Closes Two New Funds Totaling $950 Million

MarketWired--Main Fund, Battery's 11th, Capitalized at $650M and Side Fund at $300M; Battery to Continue Strategy of Investing in Technology Across Stages Globally

Battery Sells Cloud-Based Health-Care Provider Brightree to ResMed for $800M

LBO Wire--Battery Ventures put its business-development prowess to work as it steered health-care software-as-a-service company Brightree LLC to an $800 million sale to ResMed Inc.

Boston investment firm raises nearly $1 billion for two new funds

Boston Business Journal--Battery Ventures, a Boston-based private equity and venture capital firm, has raised $950 million for two new funds. The funds raised include Battery Ventures XI, a $650 million fund, and Battery Ventures XI Side Fund, a $300 million fund for larger investments.

Battery Ventures Closes on $950 Million Across Two Funds

TechCrunch--Battery Ventures, a 33-year-old investment firm with offices in San Francisco, Menlo Park, Boston, and Herzliya, Israel, has raised $950 million across two new funds: a main fund, Battery Ventures XI, which is a $650 million pool, and a side fund that will support the company’s larger investments, which closed with $300 million.

Battery Ventures Raises $950 Million for New Fund

Fortune--New cash to invest in tech companies, young and old. Venture capital investments and valuations may be on the decline, but venture capital fundraising is doing just fine. Case in point is Battery Ventures, which today will announce that it has raised $650 million for its eleventh flagship fund, plus another $300 million for a side fund to support larger investments.

Battery Ventures Raises Pair of Funds at $950M

The Wall Street Journal--Battery Ventures has raised $950 million in two new funds, in an example of another name-brand venture firm attracting large commitments from limited partners despite a rocky environment for startups.

ResMed to Acquire Brightree® for $800 Million

PR Newswire--ResMed (NYSE: RMD), the world's leading tech-driven medical device company and innovator in sleep-disordered breathing and respiratory care, today announced a definitive agreement to acquire privately held Brightree®, a leader in business management and clinical software applications for the post-acute care industry.

Palo Alto data security startup raises $17M

Silicon Valley Business Journal--Data security startup Vera raised $17 million in Series B funding to provide enterprises with data protection and encryption solutions.

How Microservices Have Changed and Why They Matter

The New Stack--The concept of microservices is fueled by the need to develop apps faster, be more resilient and offer a great experience for the customer. It’s a concept equated with scaled-out, automated systems that run software on simple, commodity infrastructure.

The Money In Open-Source Software

TechCrunch--It’s no secret that open-source technology — once the province of radicals, hippies and granola eaters — has gone mainstream. According to industry estimates, more than 180 young companies that give away their software raised roughly $3.2 billion in financing from 2011 to 2014.

Jask nets over $2 mln in Battery Ventures-led round

PE Hub--Jask, a provider of artificial intelligence and advanced analytics for cybersecurity, has secured more than $2 million in seed funding. Battery Ventures led the round with participation from other investors that included Vertical Venture Partners.

Machine Learning Advances Cybersecurity: Battery Ventures’ View

Xconomy--An office worker who usually spends time in programs like PowerPoint suddenly logs into the company expense records system. Data-sifting computers are on the alert for unusual behavior like this across the globe, and Dharmesh Thakker thinks they’ll help thwart criminal hackers who pose a growing threat to companies.