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In US, Compare Metrics Secures $4.2M in First-Round Funding

Austin Ventures backs Adaptive Commerce company set to change the way people make buying decisions

AUSTIN, Texas, May 21, 2013 /PRNewswire/ -- Compare Metrics, an Adaptive Commerce company that empowers brands to harness disconnected information from across the web to power individualized discovery experiences and drive sales, today announced that it has received $4.2 million in first-round financing. The financing was lead by Austin Ventures and includes follow-on investment from the existing syndicate, including Mike Maples (Floodgate), Bob Greene (Contour Venture Partners), Julie Allegro (Allegro Venture Partners) and Ralph Mack (Mack Capital), as well as new independent investors, including Tom Meredith and Adam Ross . This brings the company's total funds raised to $4.2 million, $3.5 million of which comes from Austin Ventures in leading the series A. The round will be used to support aggressive growth as companies, especially retailers, embrace the Compare Metrics solution as the next generation leap in product discovery and decision analytics.

"Compare Metrics is transforming the way people are making buying decisions," said Compare Metrics' co-founder and CEO Garrett Eastham [pictured], a thought-leader on semantic search and human-computer interaction. "We believe the future of online consumer discovery is not about creating the ultimate algorithm to tell consumers what they want but about giving consumers the best tools to articulate their personal desires and confidently follow their unique decision-making path." More...

In US, Alteryx Raises $12 Million to Put Big Data Analytics in the Hands of All Business Analysts

Quest Founder’s Firm, Toba Capital, Selects Alteryx as its First Analytics Investment - with Renewed Investment from SAP Ventures to Further Fuel Focus on Humanizing Big Data

Irvine, Calif., May 20, 2013 – Alteryx, Inc., the leading provider of Strategic Analytics, today announced that it has received $12 million in financing from Toba Capital (recently formed by Vinny Smith, former CEO and founder of Quest Software) and existing investor, SAP Ventures. This financing will support accelerated growth through added sales, marketing and product investments, along with international expansion.

“Alteryx is enabling our customers to Humanize Big Data and answer the critical business questions that can accelerate their growth,” said Dean Stoecker [pictured], chairman and chief executive officer at Alteryx. “Alteryx puts affordable, powerful big data analysis tools in the hands of analysts, and our solutions facilitate complex tasks and the ability to obtain insights from diverse data sets that were once thought impossible to achieve.” More...

Tableau Software Announces Pricing of Initial Public Offering

May 16, 2013 - 4:15pm. Tableau Software, Inc. (NYSE: DATA) today announced the pricing of its initial public offering of 8,200,000 shares of its Class A common stock at a price to the public of $31.00 per share. A total of 5,000,000 shares are being offered by Tableau Software, and a total of 3,200,000 shares are being offered by certain selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on May 17, 2013 under the symbol “DATA”. In addition, the underwriters have been granted a 30-day option to purchase up to an additional 1,230,000 shares of Class A common stock from Tableau Software. Tableau Software will not receive any proceeds from the sale of shares by the selling stockholders. More...

In US, RJMetrics Closes $6.25M Series A Financing

Trinity Ventures funds rapidly-growing SaaS business intelligence platform; financing to support sales and marketing expansion and product development.

Philadelphia, PA (PRWEB) May 15, 2013. RJMetrics, a rapidly-growing hosted business intelligence provider, today announced it has closed $6.25 million in Series A funding led by Trinity Ventures with the participation of current investor SoftTech VC. Karan Mehandru, Principal at Trinity Ventures, has joined the board.

“The demand we’re seeing for integrating and analyzing all types of data is growing faster than ever,” said Robert J. Moore [pictured], CEO. “Our platform allows customers to quickly and easily integrate their data from whatever platforms they choose and run advanced analytics like Customer Lifetime Value and Cohort Analysis.” More...

In Netherlands, MetrixLab Acquires Strategic Ownership Position in Precision Sample

Global research operations significantly expanding panel/sample reach.

ROTTERDAM, Netherlands–– May 20, 2012—MetrixLab, a leading global provider of online market research solutions, today announced that it has reached an agreement with Precision Sample to acquire a strategic ownership position in the company. The companies will work together in 2013 to integrate Precision Sample’s panels into MetrixLab’s panel agnostic sample ecosystem ensuring continuity of high quality and capacity for its end clients.

While commenting on the transaction, Han de Groot [pictured, left], CEO of MetrixLab stated, “We are pleased to bring such a promising, well-positioned North American sample provider closer to the MetrixLab family. We are confident that Precision Sample’s innovative recruiting methodology will provide engaged respondents for MetrixLab and MarketTools clients and prove highly scalable as we work to expand its offerings into a global sample network.”

Don Golden [pictured, right], CEO of Precision Sample stated, “The partnership of Precision Sample and MetrixLab is a perfect fit at a time when the company is poised to expand globally. We look forward to servicing the sample needs of end clients with our best-in-class North American panels while leveraging the global reach of MetrixLab to expand our panels and customer base worldwide.” More...

In US, EdgeSpring Raises $11M Funding; Unveils the World’s First Big Data Analytics Platform Built Expressly for the End User

EdgeSpring announces series A financing from Kleiner Perkins Caufield & Byers (KPCB) and Lightspeed Ventures

SAN MATEO, Calif. – May 16, 2013 – EdgeSpring today announced general availability of its Business Intelligence and Analytics Platform designed from the ground up to empower users to rapidly derive business insights from data of any size or structure, without dependence on overburdened analysts and IT specialists. The company has raised a total of $11M in financing including a $9 million series A from Kleiner Perkins Caufield & Byers (KPCB) and Lightspeed Ventures. EdgeSpring’s platform enables users to drive timely decisions by asking and easily answering first and second order questions across structured and semi-structured data, like never before.

“From day one, our vision was to democratize information access in the enterprise,” said Vijay Chakravarthy [pictured, left], founder and CEO of EdgeSpring. “We are thrilled to have a fast growing list of engaged customers, such as Equinix, Lithium, and Xactly, to name a few, validating our vision through their rapid adoption of EdgeSpring”

“EdgeSpring is a dramatically disruptive Business Intelligence platform,” said Brian Lillie [pictured, right], CIO of Equinix. “They have enabled us to rapidly build easy-to-use analytic apps that our users love.” More...

In US, BBVA Ventures Invests in Radius

May 9, 2013. BBVA Ventures, the BBVA Group’s corporate venture arm which operates in the U.S. through BBVA S.A.’s San Francisco representative office, announced today that it has invested in Radius, a leading provider of sales and marketing intelligence for targeting the small business market.

“BBVA is an active Small Business Lender and our ability to pinpoint and track the success and health of small business relies on the integrity and cleanliness of data available to us, which Radius provides via an innovative set of data on small businesses that allows us the ability to understand our customers better while also discovering new customer opportunities through social insight,” said Thomas Whiteaker [pictured, left], Executive Director, Corporate Development and Strategy at BBVA.

“Having BBVA invest in Radius is a testament to our reach and data integrity. It makes sense that they would want to ensure the data they need to make key investment decisions is accurate and up-to-date. Radius does that and more,” said Darian Shirazi [pictured, right], Founder and CEO of Radius. More...

In Europe, Havas Media Group Acquires Pan-European Data Analytics Consultancy ElisaDBI

17 May 2013 - Havas Media Group has acquired the pan-European data analytics firm ElisaDBI (branded Elisa Interactive in Spain) to further develop its connected digital and data capabilities. The acquisition means that Havas Media Group will now offer its clients improved methods of collecting, organising and using data as a strategic asset to drive business insights and marketing engagement.

ElisaDBI, a data analytics and optimisation specialist was launched in Barcelona and Madrid before opening offices in London. Their client roster spans the UK, Spain, Ireland and Andorra. The business specialises in converting data into client focused intelligence through the application of analytics and as well as offering conversion optimisation, web analytics and training.

Paul Frampton [pictured], CEO Havas Media UK comments: “The teams at ElisaDBI ensure that media is better measured, marketing investments better made, and that data is more effectively used. This is the smart way to drive improved brand experiences and more profitable client businesses.” More...

Lucky Sort Acquired by Twitter

May 13, 2013. Noah Pepper [pictured], Chief Executive Officer at Lucky Sort Inc posts: Today I’m very excited to announce that our journey has entered a new phase: Lucky Sort has been acquired by Twitter! Several of us will be moving to San Francisco to join Twitter’s revenue engineering department. We’ll be helping current customers transition off our system in the coming months such that we can focus fully on our future at Twitter. More...

Twitter tweets: Welcome aboard, @luckysort! More...

In Singapore, SingTel Allocates up to S$2 Billion to Pursue Strategic Acquisitions for Digital Growth

Achieves significant progress in FY 2013

The Group is committed to building a high performance core business and creating next- generation growth engines in the digital space

Singapore, 15 May 2013 – Singapore Telecommunications Limited (SingTel) today announced resilient results across Singapore, Australia and the regional mobile associates for the fourth quarter and financial year ended 31 March 2013. The performance caps a year marked by significant industry changes and SingTel’s proactive efforts to transform to drive long term growth. In the digital space, the Group will allocate up to S$2 billion over the next three years to pursue strategic acquisitions to drive growth.

Ms Chua Sock Koong pictured], SingTel Group CEO, said: “We delivered strong operating results against significant industry challenges and adverse foreign currency movements. Our core business remains robust and provides a strong foundation for continued profitability as well as supports our ambitions to grow in the digital space.” More...