HyTrust, a cloud security automation company, has raised $33 million in funding, including $8 million in venture debt and credit facilities. AITV led the round, with participation from Vanedge Capital, existing investors Epic Ventures, Granite Ventures and Trident Capital and strategic investors Cisco, Fortinet, Intel Corp. and VMware. “HyTrust is perfectly positioned to meet the needs of a market in which so many organizations are building on cloud-based technologies to increase agility for their business,” said Brian Nugent, founding principal and general partner at AITV. “Security is a critical enabler for cloud adoption, and we believe this is a company that is poised for tremendous market growth. We look forward to leveraging our strategic ecosystem to help the company expand on a global basis.”
Noom, a mobile health startup, has raised $16.5 million in Series B funding led by InterVest Co., a South Korea-based VC. LB Investment, Hanmi IT, RRE Ventures, TransLink Capital and Qualcomm Ventures all participated. Noom previously raised $7 million last year, and has a user base of more than 32 million. “Noom’s mobile technology makes effective behavior change programs widely accessible, affordable and approachable to a broad range of patients,” said Jinwoo Song, Director of InterVest Co. “Their experience helping millions of consumers lose weight demonstrates that they know how to build a product people want to use.”
SalesLoft, a lead generation software provider, has secured $10.15 million in Series A funding, led by Emergence Capital. Reports suggest the funding puts the company’s valuation at around $40 million. “SalesLoft has created the simplest way on the internet to find prospects, qualify them and communicate with them in order to set up appointments. The value proposition is clear – we enable all of a customer’s SDRs to perform at peak efficiency,” SalesLoft CEO and founder Kyle Porter wrote in a blog post announcing the funding.
Digital marketing startup ReadyPulse has announced $5 million in Series A financing, led by Walden Venture Capital and Rally Ventures. The company will use the funds for marketing. “”We’ve been carefully watching trends in social marketing for several years. ReadyPulse has proven through its customers’ results that they can drive consumers to interact with brands on social networks and convert them into eCommerce sales consistently,” explained Matt Miller, Managing Director at Walden Venture Capital. “We felt this was the perfect time to invest in the future of social marketing.”
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