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	<title>AllThingsD &#187; Azure Capital</title>
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		  <title>All Things Digital</title>
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		<title>SilkRoad, Another HR Software Service in the Cloud, Lands $35 Million</title>
		<link>http://allthingsd.com/20120514/silk-road-another-hr-software-service-in-the-cloud-lands-35-million/</link>
		<comments>http://allthingsd.com/20120514/silk-road-another-hr-software-service-in-the-cloud-lands-35-million/#comments</comments>
		<pubDate>Mon, 14 May 2012 19:18:09 +0000</pubDate>
		<dc:creator>Arik Hesseldahl</dc:creator>
				<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Azure Capital]]></category>
		<category><![CDATA[cloud computing]]></category>
		<category><![CDATA[com]]></category>
		<category><![CDATA[Crosslink Capital]]></category>
		<category><![CDATA[Foundation Capital]]></category>
		<category><![CDATA[Intel Capital]]></category>
		<category><![CDATA[Keating Capital]]></category>
		<category><![CDATA[NTT Finance]]></category>
		<category><![CDATA[Oracle]]></category>
		<category><![CDATA[Rypple]]></category>
		<category><![CDATA[Salesforce]]></category>
		<category><![CDATA[Salesforce.com]]></category>
		<category><![CDATA[SAP]]></category>
		<category><![CDATA[SuccessFactors]]></category>
		<category><![CDATA[Tenaya Capital]]></category>
		<category><![CDATA[Workday]]></category>

		<guid isPermaLink="false">http://allthingsd.com/?p=207667</guid>
		<description><![CDATA[Can the market support another cloud-based HR software provider? SilkRoad investors certainly think so.]]></description>
			<content:encoded><![CDATA[<p><a href="http://allthingsd.com/20120514/silk-road-another-hr-software-service-in-the-cloud-lands-35-million/srt_logo/" rel="attachment wp-att-207677"><img src="http://allthingsd.com/files/2012/05/SilkRoad-Logo-feature-380x285.jpg" alt="" title="SRT_logo" width="380" height="285" class="alignright size-Featured wp-image-207677" /></a>One of the evolving themes of the year has been the heat coming from the otherwise sleepy world of human-resource software &#8212; applications that companies use to manage their people and payroll.</p>
<p>For years, the applications were traditional on-premise software &#8212; you&#8217;d run it on a server or a series of desktop machines wherever the people who used them happened to be. And the biggest players were &#8212; or rather, still are &#8212; Oracle, by way of its takeover of PeopleSoft, and SAP. But when these apps started to migrate to the cloud and be available on demand, things started getting interesting. Companies that used them started to love the functionality, the ease of use, maintenance and support, and also the lower cost, and they started voting with their purchase orders in favor of the cloud.</p>
<p>That&#8217;s when the established on-premise suppliers got grabby. Last year, the race to roll up the cloud players started in earnest when SAP <a href="http://allthingsd.com/20111205/after-sap-successfactors-deal-the-cloud-is-a-different-place/">spent $3.4 billion for SuccessFactors</a>. Not long after that, Taleo, another cloud player, went to Oracle for $1.9 billion. And Salesforce.com <a href="http://allthingsd.com/20111215/salesforce-gets-into-the-hr-cloud-with-rypple-acquisition/">nabbed Rypple</a>. Meanwhile, a bunch of former PeopleSoft execs are <a href="http://allthingsd.com/20120510/exclusive-workday-picks-its-bankers-for-a-fall-2012-ipo/">building Workday</a> into a credible threat to all of them.</p>
<p>So this makes today&#8217;s news from SilkRoad &#8212; yet another player in the cloud-based HR application business &#8212; all the more interesting. The company announced a $35 million Series C led by Keating Capital and NTT Finance, joining existing investors Intel Capital, Crosslink Capital, Foundation Capital, Azure Capital and Tenaya Capital. Customers include McAfee and International Paper.</p>
<p>Another reason for all the heat being generated by this low-profile sector: The market research firm IDC reckons that, by 2015, companies will spend north of $8 billion on human-capital management tools.</p>
<p>The company says the funding will support its international expansion plans, especially internationally. Its products currently support 18 languages, and there are plans to add to those.</p>
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		<title>Exclusive: BlogHer Nabs $7 Million in New Funding</title>
		<link>http://allthingsd.com/20090513/exclusive-blogher-nabs-7-million-in-new-funding/</link>
		<comments>http://allthingsd.com/20090513/exclusive-blogher-nabs-7-million-in-new-funding/#comments</comments>
		<pubDate>Wed, 13 May 2009 11:00:10 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Media]]></category>
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		<category><![CDATA[Social]]></category>
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		<category><![CDATA[Azure Capital]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Blogger]]></category>
		<category><![CDATA[BlogHer]]></category>
		<category><![CDATA[BoomTown]]></category>
		<category><![CDATA[conference]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[Elisa Camahort Page]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[interview]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jory Des Jardins]]></category>
		<category><![CDATA[Kara Swisher]]></category>
		<category><![CDATA[Lisa Stone]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[NBC Universal]]></category>
		<category><![CDATA[Peacock Equity]]></category>
		<category><![CDATA[research]]></category>
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		<category><![CDATA[social networking]]></category>
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		<category><![CDATA[video]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://kara.allthingsd.com/?p=13421</guid>
		<description><![CDATA[BlogHer, which bills itself as "the community for women who blog," has gotten $7 million more in a Series C funding, which will bring the total investment in the site to about $15.5 million.

The new round includes a return by two existing investors, Venrock and Peacock Equity, a fund run by GE and its NBC Universal unit. Azure Capital is joining as a new investor.

In an interview with BoomTown, BlogHer CEO Lisa Stone said the site's recent fast growth was the impetus for the new round, in order to improve tools offered to its 2,500 vetted bloggers as well as investing in better research and advertising technology.]]></description>
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<p>BlogHer, which bills itself as &#8220;the community for women who blog,&#8221; has gotten $7 million more in a Series C funding, which will bring the total investment in the site to about $15.5 million.</p>
<p>The new round includes a return by two existing investors, Venrock and Peacock Equity, a fund run by GE (GE) and its NBC Universal unit. Azure Capital is joining as a new investor.</p>
<p>In an interview with BoomTown, BlogHer CEO Lisa Stone said the site&#8217;s recent fast growth was the impetus for the new round, in order to improve tools offered to its 2,500 vetted bloggers as well as investing in better research and advertising technology.</p>
<p>&#8220;This is a true grassroots effort that shows the growing influence of women in social media,&#8221; said Stone. &#8220;We want to focus on taking advantage of that growth and momentum with this new funding.&#8221;</p>
<p>According to the start-up&#8211;which was founded in 2005 by Stone, Elisa Camahort Page and Jory Des Jardins and now has 30 employees, located mostly in Silicon Valley&#8211;the BlogHer Network reaches more than 14 million unique visitors a month.</p>
<p>Besides the site, BlogHer also runs a popular conference and is hoping to expand its suite of social-networking tools as well as its publishing and advertising network.</p>
<p>&#8220;We have been trying to create a place for women to participate in social media with civil respect and also to engage readers,&#8221; said Stone.</p>
<p>While it is not yet profitable, Stone added, BlogHer is ahead of its internal financial projections, and &#8220;I hope next year I can raise a glass of champagne to meeting that goal.&#8221;</p>
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