Qubit, a big data analytics platform for marketers, has raised $40 million in Series C investment led by Goldman Sachs Merchant Banking Division. Sapphire Ventures and previous investors Accel and Salesforce Ventures also participated. The funding will be used to double the company’s engineering capability. Graham Cooke, Qubit’s CEO and co-founder, said: “We’re delighted to welcome Goldman Sachs into the Qubit family and David Reis onto our board of directors. We’re also excited to have the support of Sapphire Ventures, whose significant experience scaling companies internationally and extensive connections within the enterprise ecosystem will be valuable assets to our growth.” Qubit has now raised a total of $76 million.
Identity-proofing company Trusona has exited stealth and confirmed an $8 million investment from Kleiner Perkins Caufield & Byers. Trusona offers security features such as in-person identity proofing and anti-replay technology. Ex-con man Frank Abagnale, the subject of the Hollywood movie ‘Catch Me If You Can’ will serve as the startup’s adviser.
NuoDB, a database for cloud-enabled global application, has completed a $17 million investment round. Existing investors Hummer Winblad Venture Partners, Longworth Venture Partners, and Morgenthaler Ventures all participated in the funding round, which will enable the company to refine its database offering. “Our customers and prospects have repeatedly told us that no other database in the market so completely addresses the critical requirements of the modern data center. It’s not just about the elastic scale cloud applications need, it’s also about the journey to the data center of the future — one that can actively support multiple use cases across multiple data centers,” said Bob Walmsley, President and CEO of NuoDB. “With the additional financing from our inventors, we will continue to bolster our database offering and expand the reach of our innovations to help support our customers as they compete in today’s cloud-based, on-demand economy.”
The post Qubit Secures $40m Series C Investment Round appeared first on Red Herring.