Employee communications company GuideSpark, a Red Herring Top 100 winner, has raised $22.2 million in Series C funding, led by Meritech Capital Partners. Previous backers New Enterprise Associates, Storm Ventures and IDG Ventures also participated. The company will use the new funds for growth in sales, marketing, product development, content, CSM, infrastructure and business development. “Meritech’s investment continues to validate the tremendous market opportunity GuideSpark has to transform how companies engage and connect with employees,” said Keith Kitani, CEO of GuideSpark. “We are proud to be working with some of the country’s premier technology investors; their support is instrumental in taking our company to the next level as we continue to transform employee communications.”
Fintech startup nCino has secured $29 million in Series B funding led by Insight Venture Partners, with participation from Wellington Management Company, John Mack and Gene Ludwig. The company will look to expand domestically and international with the new funds and grow its team. nCino provides cloud-based operating solutions to the financial industry. “We appreciate the strong support of our existing and new investors in this round, who have demonstrated their confidence in our strategy and progressive approach to cloud-based banking,” said Pierre Naudé, CEO, nCino. “nCino is committed to transforming financial services through innovation, reputation and speed. With this latest infusion of capital, we are strongly positioned to continue delivering on that mission and become the dominant bank operating system solution.”
Real time analytics startup Metamarkets has raised $15 million in funding led by Data Collective. John Batelle, City National Bank and previous backers Khosla Ventures, IA Ventures, True Ventures and Village Ventures all participated in the round. “Every day, thousands of users turn to Metamarkets’ dashboards for granular insights into tens of billions of ad transactions,” said Mike Driscoll, CEO and Co-Founder of Metamarkets. “Our clients are the pioneers of these new digital markets, whose daily trading volumes dwarf those of Wall Street. We’re proud to deliver an analytics solution that can keep pace with their speed and scale.”