Wiretap’s Silicon Valley funding wrapup: SnapLogic, Virident, Twitch land millions

See if you can spot a trend here:

San Francisco– SnapLogic, the leader in enterprise cloud integration, today announced it has closed a $20 million Series C funding round led by new investor Ignition Partners, joined by Triangle Peak Partners and existing investors Andreessen Horowitz.

Milpitas – Virident Systems, a performance leader in flash-based storage class memory, solutions, today announced the appointment of Mike Gustafson as CEO. The company also announced it has raised an additional $26 million in a Series D round of funding. Mitsui Global Investments was the lead investor, joined by existing investors Globespan Capital Partners, Sequoia Capital and Artiman Ventures.

San Francisco – Twitch, the world’s largest video platform and community for gamers, today announced a $15 Million investment led by Bessemer Venture Partners. Alsop Louie Partners and Draper Associates also participated in the round.

– Space‐Time Insight, the leading provider of next‐generation situational intelligence solutions, today announced that it has raised $14 million in Series B funding. EnerTech Capital, Novus Energy Partners and ClearSky Power & Technology Fund join existing investors Opus Capital Ventures
and Start Up Farms International  in this round of financing. (Space-Time, by the way, is based in Fremont.)

Cloud integration, flash storage, big data: There’s nary a social network in there. With the bloom off Facebook’s IPO, VCs and angel investors in recent weeks have been talking more and more about funding “unsexy” stuff like enterprise hardware and software. Incubator 500 Startups last month even held an  Unsexy Conference celebrating the trend.

It’s almost enough to make a guy long for the good old days.


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