| Digg Popularity Rankings Made Transparent by QlikTech QlikTech is offering “Dugg Analyzer,” a free tool that analyzes traffic and postings on the popular Digg Web site, providing new transparency in determining how Web content is popularized and what sources feed the site.
Digg is a Web community where members submit content of interest by clicking on a “digg it” icon that accompanies an article or video. Once a submission has earned a critical mass of Diggs – among the millions of stories on the Web – it becomes “popular” and jumps to Digg’s homepage in its category. Stories and their corresponding Web sites that reach the Digg hot list of popularity subsequently generate additional traffic through their resulting visibility.
Digg uses a proprietary algorithm to rank and rationalize the popularity of specific stories and content. The site has been criticized in the past for a lack of visibility into how stories are ranked, and stated it would make changes.
Based on QlikTech’s award-winning analysis solution, QlikView’s Dugg Analyzer provides instant visual insight by category, subject, source, reporter and any other dimension – all in just a few clicks. The
QlikView application can be viewed at http://demo.qliktech.com/qlikview/AJAX/digg/
“We believe in democratizing analysis by making it simple to use and accessible to everyone,” said Anthony Deighton, Senior Vice President of Marketing at QlikTech, “Our Dugg Analyzer helps to ensure the democracy of the Digg community by giving members a free tool to analyze content posted to the site, ultimately leveling the playing field for everyone.”
Analysis using Digg Dugg shows that YouTube was the most linked to site on Digg, having had more than 10 times as many front-page stories as the next most popular video site until August 2007. Since then, however, there has been a sudden drop in the number of YouTube stories reaching the front page. YouTube news is now similar in popularity to other video sites.
QlikView was able to easily look at Digg data and determine that a small minority of people – 100 – is responsible for 40% of content that thousands see and read. This is down from a previously reported 56% of most popular content in 2006.
QlikTech is the world’s fastest growing business intelligence software company, offering sophisticated and visual analysis and reporting solutions that are fast to develop and easy to maintain. Its award-winning flagship product, QlikView 8, uses patented, next-generation in-memory association technology. Built to take advantage of open architectures and 64-bit platform technology, QlikView can analyze more than a billion records in seconds while allowing affordable deployment to organizations of any size. QlikView’s click-driven, visually interactive interface is simple for people to learn and use, so that better information is available to everyone.
QlikTech has 7,000 customers in 82 countries – from thousands of small and midsized companies to large corporations such as Tetra Pak, Deutsche Telekom, Reuters, 3M, Colonial Supplemental Insurance, and BMW – and adds 12.6 new customers each working day.
Contact www.qlikview.com.
LogLogic Closes Over-Subscribed $13.5 Million in Series D Financing LogLogic has closed a series D round of funding, securing an additional $13.5 million in equity financing to expand global sales and marketing initiatives and accelerate innovation. This round, which brings the total equity investment in LogLogic to $47.7 million, was led by Focus Ventures and included Sequoia Capital, Telesoft Partners, Worldview Technology Partners and Invesco Private Capital.
As the largest independent vendor in the log management market, LogLogic attributes the industry’s hyper-growth to compliance mandates such as the Payment Card Industry Data Security Standard (PCI DSS) as well as pressures to reduce costs by investing in automated platforms for tracking user activity and business performance. Since its founding in 2002, LogLogic has seen more than 100 percent growth year-over-year in sales of its market-leading log management appliance.
In 2007 alone, LogLogic signed over 160 new customers in the enterprise, mid-market and MSSP channels, bringing its total to more than 400 customers. Last year, LogLogic’s channel initiatives brought in key partners including BMC Software, Novell, Arsenal and SecureWorks, further establishing the company’s extensive global reach and best-in-class reputation as the log management leader.
Contact www.loglogic.com
SugarCRM Secures USD 20 Million Expansion Stage Investment SugarCRM has closed a USD 20 million round of financing led by New Enterprise Associates, bringing total funding to USD 46 million. Existing investors Draper Fisher Jurvetson and Walden International also joined the round.
SugarCRM will use the proceeds to fund continued growth in the CRM market, including research and development and global expansion, particularly in Europe and Asia.
Since its founding in 2004, SugarCRM has seen global adoption of its commercial open source CRM products, with over four million downloads, 470 product extensions, 75 language translations, more than 60,000 community members, over 12,000
registered developers and a customer base of nearly 3,000 commercial accounts.
Contact http://www.sugarcrm.com.
DPAC Technologies Closes on New Financing DPAC Technologies, Inc., a provider of device connectivity and device networking solutions, has closed on new equity and debt financing. The value of this financing, which includes the sale of preferred stock, as well as senior subordinated notes and a working capital line of credit, is for approximately $6.0 million, after deducting financing fees. The company will use the proceeds from this financing to repay its existing senior debt held by National City Bank, repay its existing subordinated debt held by Hill Street Capital, and provide additional working capital.
The preferred stock issuance is for $2.0 million and consists of 20,000 shares of Series A Preferred shares issued to Development Capital Ventures, L.P
“I am pleased to announce the closing of this new financing,” stated Steve Runkel, President and Chief Executive Office of DPAC. “This financing allows us to repay our existing debt obligations, and more importantly, strengthens our balance sheet. We have made significant steps over the past 12 months in terms of improving our profitability and generating growth from our Device Networking Products. A stronger balance sheet will increase the confidence level of our customers and will position us to be a market leader in the rapidly growing Device Networking and Machine-to-Machine market.”
DPAC Technologies provides embedded wireless networking products for machine-to-machine communication applications.
Contact www.dpactech.com
VKernel Secures $4.6 Million Series A Financing VKernel Corporation, a provider of easy-to-use and quick-to-deploy virtual appliances for managing virtual server environments, has raised $4.6 million in its initial institutional round of funding. The round was co-led by Hummer Winblad Venture Partners and Polaris Venture Partners.
VKernel will use the funds to advance product development, increase sales, and expand market awareness.
Contact www.vkernel.com
The Yale Group Announces Mincron SBC Has Been Acquired by Briarcliff Solutions Group, LLC Mincron SBC been acquired by Briarcliff Solutions Group, LLC. The Yale Group initiated and advised Mincron on this transaction.
Based in Houston, TX, Micron develops, markets and supports best-of-breed ERP systems, warehouse management systems and related services to "hard-goods" distributors. The Company has more than 25 years of experience designing and implementing high-value software and business solutions for wholesale distributors, warehousing and logistics operations.
"This completes our third transaction in ERP/logistics software and our fourth overall for the year," said Rob Gettinger, Senior Investment Banker at The Yale Group. "Mincron fit our sweet spot of established companies with grade A customers."
BSG owns and operates businesses that provide software solutions in the supply chain. In the spring of 2007, BSG acquired AL Systems (www.gyale.com/www.alsystems.com), a provider of integrated software solutions that improve the flow of merchandise through distribution centers.
"BSG was impressed with the strength and quality of Mincron’s people and client base,” stated Paul Lightfoot of BSG, who was named the Chief Executive Officer of Mincron. "We are excited to improve the capability of our software solutions and thereby improve the profitability of our clients.”
The Yale Group is a leading middle market investment bank offering private placements of debt and equity, mergers and acquisitions and strategic partnerships for clients in a wide range of industries, including manufacturing, business services, information technology, media, healthcare and biotech. Our principals have decades of banking and operating experience resulting in a unique blend of effectiveness and creativity that help management accomplish their financial goals.
To learn how The Yale Group can help you grow or recapitalize your business, contact Rob Gettinger at 303-333-0992 or rob@gyale.com.
Contact www.mincron.com
Virtual Iron Raises $20 Million in New Equity Financing
Virtual Iron Software has secured $20 million in new venture equity financing. The funding, provided at an increased valuation, will be used to accelerate product development and expand global sales, marketing and distribution efforts. The investment brings Virtual Iron’s total venture funding to $65 million in invested equity capital and includes Highland Capital Partners, Matrix Partners, Goldman Sachs, Intel Capital and SAP Ventures.
- Virtual Iron specializes in enterprise-class server virtualization and offers comparable capabilities to market leader VMware but in the industry’s easiest-to-use package. The software is currently deployed in over 1,450 organizations worldwide.
“Virtual Iron is the only competitor to VMware in the market that has the features to support the high value use cases for virtualization such as dynamic workload management, fault tolerance, and disaster recovery,” said David R. Skok, General Partner at Matrix Partners. “Virtual Iron’s product is differentiated from VMware in several important ways including its ease of use, scalability and use of a standard storage architecture. There is a large and important segment of the market looking for an alternative to VMware, and uncomfortable ceding this market to EMC. This demand is allowing the company to grow at a fast rate. We’re excited about the potential here, particularly given the talents of the new management team.”
The server virtualization software market is growing at 60% per year according to IDC and is expected to reach over $9 billion by the year 2012, but user adoption, only at 6% today, has been hindered by the complexity and high price of established commercial solutions. Virtual Iron addresses this gap by providing customer–proven, enterprise server virtualization capabilities that are both easy to use and afford. The platform combines the Xen open source hypervisor with robust virtualization services, policy-based management and transparent workload migration capabilities. The software takes full advantage of new hardware–assisted virtualization ( Intel VT and AMD-V) to deliver near native performance. Unlike other virtualization solutions, Virtual Iron requires no installation or management of software on physical servers, further simplifying deployment and data center operations. Users leverage Virtual Iron to support a broad range of data center initiatives including server consolidation, development and test optimization, high availability, disaster recovery, capacity management and virtual desktop infrastructure (VDI).
Contact www.virtualiron.com |
