Mark Boslet

Want to best understand the big data opportunities within reach of your portfolio companies? Then ask some of the world’s biggest enterprises about their most pressing needs. This was my goal in attending this year’s Sierra Ventures CIO Summit.

SnapVolumes, Inc. said it raised $2.3 million in a seed round from TiE Angels of Silicon Valley, former Brocade CTO Kumar Malavalli, SAP exec Sanjog Gad, and Infoblox CEO Rob Thomas. Executives from Symantec, EMC, Citrix, and TIBCO also participated in the round.

Confidence over business conditions in Silicon Valley’s venture capital community rebounded slightly in the third quarter despite worries about stubbornly high private-company valuations, according to the Silicon Valley Venture Capitalist Confidence Index.

Albert Waxman says there’s no great different to health care reform in an Obama vs. Romney presidency

Big Switch Networks said it raised $25 million of Series B funding in a deal led by Redpoint Ventures and joined by Goldman Sachs and existing investors Index Ventures, Khosla Ventures, and others. Big Switch Networks closed a $14 million Series A funding in March of 2011 and has raised $39 million to date. It will use the funding to expand engineering, sales and marketing teams.

HowDo said it raised seed funding in a deal led by Wellington Partners and joined by Horizon Ventures, which manages the private venture investments of Li Ka-shing, and angel Peter Read. No financial details were disclosed. The company is developing an instructional app for skills sharing.

AdverCar said it raised $2 million in a seed round led by Canaan Partners and joined by 1-800-Flowers, Branford Castle Private Equity, New Orleans Startup Fund, TiE Angels Boston and Jit Saxena. AdverCar is developing an auto advertising service.

Reflexion Health, Inc. has raised $4.25 million from the West Health Investment Fund. Reflexion Health also said it licensed the Microsoft Kinect for Windows-based physical therapy software developed at the West Health Institute.