Wiretap’s Wednesday wrapup: funding news from around Silicon Valley

(Editor’s note: Yes, it’s still Wednesday here on the West Coast. For about 20 more minutes.)

I sat down recently with Vineet Jain, the founder-CEO of an enterprise file-sharing startup called Egnyte (think Dropbox for grown-ups). Jain was sharing tales from the frontlines of Silicon Valley’s white-hot talent wars, including the engineer who was wooed away by another company that promised to provide home maid service. Well, now Jain’s got a little more ammo for those battles: On Wednesday, Egnyte announced a nearly $30 million D round led by Northgate Capital and Seagate; prior backers Google Ventures, Kleiner Perkins and Polaris Partners also came along for the ride.

Also hauling in the wood Wednesday was Talend, which was founded in France but is now based in San Francisco. The open-source software developer trumpeted a $40 million funding round led by BPI France, a public investment bank. As my ancestors used to say back in the old country: Oh là !

And speaking of valley startups founded in Europe: Estimote, which I first ran across in August at Y Combinator’s latest Demo Day, said it’s landed a $3.1 million seed round from a star-studded cast including Andreessen Horowitz, Eric Schmidt’s Innovation Endeavors and Valiant Capital, the hedge fund run by would-be Sacramento Kings owner Chris Hansen.

Estimote focuses on the buzzword-compliant Internet of Things — specifically, it makes small Bluetooth sensors, called beacons, that can let shoppers navigate their way around a store, or let the merchant send a coupon to a shopper’s cell phone. The startup’s squatting for now in Rackspace’s SF digs, but its roots are in Poland, and adviser Mark Modzelewski tells me the Krakow team is settling into offices near Oskar Schindler’s old factory.

Yet another San Francisco startup, the Orange Chef, said Wednesday it had closed a $1.2 million seed round from Google Ventures and the Social+Capital Partnership, among others. The company makes “connected kitchen” gizmos such as a Bluetooth-enabled scale that can tell you the nutritional value of foods placed on it. Maybe Jain can buy them as gifts for future engineering hires.


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  • Zany Thoughts

    Good to see investments steering towards private-cloud solutions. Even Drop Box seems to have an offering, but storage hosted on their servers.

    There are other players in the market such as Tonido FileCloud, OwnCloud etc.