Wiretap wrapup: New deals for Tintri, CloudPassage and more

Here’s a morning sampler of funding deals from around Silicon Valley.

First, the big bucks: Mountain View cloud-storage maker Tintri unveiled a $75 million Series E led by Insight Venture Partners. Also on board: Prior investors Lightspeed Venture Partners, Menlo Ventures and NEA. And Tintri’s not being coy about what it plans to do with the dough; the company’s announcement said the funding puts it “on-track for a future initial public offering.”

Further down the funding food chain:

• San Francisco-based CloudPassage, which makes cloud security software, hauled in $25.5 million led by Shasta Ventures. Other new investors in the round are Meritech Capital and Seagate CEO Steve Luczo, who’s been pretty busy of late what with helping name a new CEO of Microsoft. Thursday’s announcement also inextricably planted that cheesy 1970s’s song “Time Passages” in my brain.

• A San Jose company called RiseSmart landed $11 million from  Accel-KKR and Norwest Venture Partners. The company makes a “cloud-based outplacement platform,” which basically means when you get laid off, they help ease you out the door. So, good news for RiseSmart, but maybe not so much for you.

• But hey, if you don’t want to get laid off, maybe you should buy some sales-motivation software — like that made by San Jose’s Hoopla, which today announced an $8 million round led by Trinity Ventures.

•  And finalleigh, Sunnyvale healthcare-analytics maker Viewics announced it’s raised an undisclosed sum from former Yahoo CTO Farzad Nazem (now with Morado Ventures) and former “Chief Yahoo” Jerry Yang, who invests these days via his AME Cloud Ventures. Viewics appears to keep an exceedingly low profile — its website doesn’t even list the name of its CEO — but according to LinkedIn, he’s Dhiren Bhatia, and he’s an alumnus of HP, not Yahoo.


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