In The News

View Archive
Building Better: Battery Ventures & Sprinklr

National Venture Capital Association Blog - The NVCA profiles the Battery and Sprinklr relationship.

02-07-19 Raises $40 Million to Transform Sales With AI

TechCrunch -- The latest round was led by Battery Ventures and Battery General Partner Dharmesh Thakker. Thakker will join Gong’s board of directors.

Mobile-Security Pioneer Guardsquare, Riding the Digital Transformation Wave, Announces $29 Million Investment from Battery Ventures

Wall Street Journal -- Global, open-source software company protects banks, other large organizations from malicious attacks on vulnerable mobile apps.

Kustomer Raises $35M Series C Led by Battery Ventures, Further Challenging Salesforce and Zendesk as it Expands Into the Enterprise Market

TechCrunch -- Kustomer nabs $35M to take on Zendesk and Salesforce with its Slack-like approach to CRM.

Cision Buys Analytics Firm TrendKite in $225 Million Deal

Bloomberg -- Cision Ltd., a public relations software company, agreed to buy analytics startup TrendKite for $225 million as it continues to invest in software automation to improve social media campaigns.

Niantic Inc. Announces $245 Million Series C with Battery Participation

TechCrunch -- Global leader in Augmented Reality experiences continues its momentum from blockbuster Pokémon GO; grows portfolio including the highly anticipated Harry Potter: Wizards Unite; expands focus on Niantic Real World Platform.

Battery Ventures Promotes Four Team Members to Execute on Global Technology Investment Strategy

BusinessWire -- Logan Bartlett, Sanjiv Kalevar and Shiran Shalev promoted to principal for work with tech companies in the U.S., Europe and Israel; Justin Rosner promoted to VP.

NTRON, Manufacturer of Gas-Measurement and Analysis Solutions, Joins Battery Ventures’ Process Sensing Technologies Group

BusinessWire -- Ireland-based Firm to Operate Alongside Existing Companies Within Process Sensing Technologies Group: Michell Instruments, Analytical Industries, Rotronic, LDetek and Dynament

Qognify to Acquire On-Net Surveillance Systems (OnSSI) Group and Expand Global Presence

PRNewswire -- Creating One of the Largest VMS, PSIM and Video Analytics Providers for Mid-Market and Enterprise Organizations

Robotiq Raises $31 Million CAD in Funding from Battery Ventures

TechCrunch -- Quebec company provides cutting-edge solutions for new wave of lightweight robots that free humans from repetitive tasks.

Cogito Adds Battery Ventures as Strategic Investor

BusinessWire -- Market demand for AI that enhances human behavior fuels accelerated company growth.

Workato Secures $25M in Funding to Transform Digital Businesses Through Intelligent Automation

TechCrunch -- Battery participates in funding round to support Workato, a startup that offers an integration and automation platform for businesses.

Thundra spins out of OpsGenie and achieves Advanced Technology Partner status with AWS

BusinessWire -- Thundra, the newly launched observability company for serverless environments,  announced the release of Thundra Layers for AWS Lambda.

Quantum Machines Raises $5.5M to Build and Control Operational Layer for Quantum Computers

TechCrunch -- Quantum Machines, an Israeli startup launched by three Ph.D. physicists, announced a $5.5 million seed investment with participation from Battery Ventures.

Habana Labs Ltd Raises $75 million in a B Round with Funding from Battery Ventures

PEHub -- Habana Labs is a fabless semiconductor company located in Tel-Aviv, Israel and San Jose, California.

Facebook and Google Leaders Start New Company, Woven, to Help People Fully Leverage Time as Their Most Valuable Asset

BusinessWire -- Company co-founded by former Facebook CIO Tim Campos launches first product with $4.8 million in seed funding from Battery Ventures, Amplify Partners, and Felicis Ventures.

Battery Ventures Acquires Audio Precision, Global Specialist in Audio Measurement Instrumentation and Software

BusinessWire -- The Portland, Oregon-based company will use the partnership to fuel growth and acquisitions.

Battery Ventures Acquires Manufacturing- and Fabrication-Software Company SigmaTEK Systems

BusinessWire -- Battery Ventures has acquired software company SigmaTEK Systems, the maker of SigmaNEST, a “nesting” product with advanced CAD/CAM functionality that helps professional fabrication and manufacturing companies operate more efficiently on the shop floor.

Paperspace Closes $13M Series A Round to Accelerate Mass Adoption of AI

PRNewswire -- Paperspace, a cloud AI company, announced it has closed a $13 million Series A financing round led by Battery Ventures to further innovation of the company's high-performance cloud computing and ML development platform.

Machinify Raises $10 Million in Series A Financing to Develop First “Data-To-Cash” AI Platform

BusinessWire -- New artificial intelligence company Machinify to radically reduce the cost and complexity of deploying AI that improves business performance.

Battery Ventures Acquires TTP Labtech Limited, Global Leader in Liquid Handling & Sample Management Technologies

BusinessWire -- TTP Labtech Ltd, an international leader in the design and development of automated instrumentation and consumables for life science research announces that investment has underpinned aggressive growth plans.

Mecmesin, a Specialist in Force and Torque Measurement Technology, Joins Battery Ventures’ Physical Properties Testing Group

BusinessWire -- UK-based Firm, Focused on Material-Property Testing, Joins James Heal in Group and Will Use New Resources to Fuel Growth

Battery’s Bonfire “burns bright” after US$108-million deal

The Record -- Bonfire, which specializes in software that streamlines the procurement process for governments and other public and private institutions, has been acquired for US$108 million.

Detroit-based StockX Secures $44M in Series B Funding Co-Led by Battery Ventures

PRNewswire -- The 'Stock Market of Things' also adds noted investors to lineup, including Steve Aoki, Karlie Kloss, Don C, Marc Benioff, and others.

Clubessential Holdings Announces Acquisitions of Performance IQ and Black Diamond IT Services

Business Insider -- Clubessential Holdings, the leading provider of membership and club-management solutions to the private club, college athletic and health and fitness markets, today announced two strategic acquisitions: Performance IQ and Black Diamond IT Services.

Battery Ventures Promotes Four Team Members as Part of Continuing Global, Multi-Stage Investment Strategy

BusinessWire -- Paul Morrissey promoted to principal for work with software companies in Europe and the US; Dallin Bills, Dan Nguyen-Huu promoted to VP.

Battery’s OpsGenie to be Acquired by Atlassian

BusinessWire -- OpsGenie, whose technology helps DevOps and IT-operations teams more seamlessly manage critical IT alerts and incidents, has signed a definitive agreement to be acquired by Atlassian, a leading provider of team-collaboration and productivity software.

Battery Leads $40M Series B Round for AuditBoard

TechCrunch -- With $40 million for AuditBoard's risk and compliance toolkit, LA's enterprise startups notch another win.

Is Boston’s Wayfair the next Amazon?

Boston Globe -- Excellent profile of Battery's Wayfair in the Boston Globe.

Battery Leads Series A for Autonomous-Vehicle Startup Kodiak Robotics

BusinessWire -- Kodiak Robotics aims to bring new technologies to the long-haul trucking market and to revolutionize freight transportation.