Israel-based data storage company Infinidat has raised $150 million at a post-funding valuation of $1.2 billion. The investment round was led by TPG Growth and brings the company’s total funding to $230 million. “Infinidat is on the verge of revolutionizing the enterprise storage market with a dramatically simpler, more cost-effective storage solution offering unparalleled performance, capacity, and reliability,” said Infinidat CEO Moshe Yanai. “The Infinibox storage solution has already been customer-proven and is in production in multiple Fortune 500 companies around the world.”
Signpost, which provides CRM software for local businesses, has closed a $20.5 million financing round led by Georgian Partners. Spark Capital, OpenView Venture Partners, Scout Ventures and the Launch Fund all participated. “Once a business is up-and-running on Signpost, they are automating front office tasks that drive new business,” said Stuart Wall, CEO of Signpost. “Adding Georgian Partners to our already stellar list of investors will help solidify Signpost as a must-have cloud business solution and further accelerate our analytics capabilities.”
Jukely, a concert subscription service, has raised $8 million in a seed extension round of funding. The investment was led by Northzone and 14W with participation from Larry Marcus, Hany Nada, Lyor Cohen, Maiden Lane and GroupMe founders Steve Martocci and Jared Hecht. The company will use the funds to expand into new cities and grow its team. The service, which allows subscribers to attend shows, has already been launched in ten cities, including New York, Los Angeles, San Francisco and Denver. “The service has proved to generate additional revenue and is clearly expanding the market for the live music industry by getting music lovers to attend shows they normally wouldn’t go to see,” said Bora Celik, Jukely Founder.
Naaptol, an e-commerce platform based in India, has raised a reported $21.4 million in Series C funding led by Mitsui & Co. New Enterprise Associates, Canaan Partners and Saama Capital all participated in the round. The company will use the funds to expand its supply chain and invest in new technology.