Travel Goes Mobile: HotelTonight Raises $45 Million

A massive industry shift is underway: the $400 billion online travel industry (roughly 40% of the $1 trillion total travel market) is moving from desktop to mobile. Travel industry research firm analyst PhocusWright expects mobile travel sales to triple from 2012-2014 (reaching $25.8 billion) and research firm eMarketer projects will reach $48 billion in 2017 (see chart below). Leading the […]

AlienVault Raises $26.5M Led by GGV Capital

Today AlienVault, the leading provider of Unified Security Management and crowd-sourced threat intelligence, announced a $26.5M financing, led by GGV Capital, with participation from Kleiner Perkins, Trident Capital, Sigma West and other existing and new investors.  We’re very excited to be leading this round of financing and I’m personally looking forward to serving on AlienVault’s board.
 
We jumped at the opportunity to lead this financing round in AlienVault.  Our enthusiasm for the company and opportunity is driven by several key factors:
 

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