Wiretap’s Wednesday wrap-up: Funding deals in Silicon Valley

Sometimes, when I get a pitch from Blue Jeans Networks, I think of the David Bowie song. But the Mountain View video collaboration service on Wednesday was hearing a different sound: “Ka-ching!” The company landed $50 million from Battery Ventures, along with Accel Partners, New Enterprise Associates and Norwest Ventures Partners. That’s enough to remind me of another erstwhile pop hit, Neil Diamond’s “Forever in Blue Jeans” — you know, the one with the lyric, “Money talks.”

Also announcing funding Wednesday was Recommind, a San Francisco company that helps clients like Cisco Systems and the U.S. Department of Energy manage their unstructured data. The big check was cut by SAP Ventures, whose managing director, Gaurav Tewari, will join the startup’s board. Which is what you’d expect, since I’m told this is the single biggest investment SAP’s venture arm has ever made.

And elsewhere, in case you missed it:

• Ed-tech startup Remind101 snared a $3.5 million Series A round from First Round Capital, Yuri Milner and Chamath Palihapitiya’s Social + Capital Partnership.

• App Annie, maker of a market-data platform for mobile apps, landed $15 million from Sequoia Capital. The company has dual headquarters in San Francisco and Beijing.

• SF-based Apiary, which helps software designers build and refine their apps, landed $1.6 million from Baseline Ventures and Flybridge Capital.

• Expense-management heavyweight Concur made an undisclosed investment in San Francisco’s Visage Mobile, which helps companies mange their mobile technology costs.



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