TOP NEWS

Gladly Finds $36M

San Francisco-based Gladly, a developer of cloud-based, customer service software, has raised $36M in a Series C funding, the company disclosed on Thursday. The funding was led by GGV Capital, and also included Greylock Partners and New Enterprise Associates. Gladly's CEO and co-founder is Joseph Ansanelli, who co-founded the company with Dirk Kessler and Michael Wolfe. Ansanelli was previously CEO and co-founder of Connectify. Gladly was incubated from within Greylock Partners....Continue →


Bosch Expands To New, 104,000 sq. ft. Office In Sunnyvale

Robert Bosch LLC announced this morning that it is moving its Palo Alto Research and Technology Center, to a new, 104,000 square foot office in Sunnyvale. Bosch said it will spend $40M on the new office over a 10 year lease. The new office, on Santa Trinita Ave., will house 300 employees currently at its Palo Alto Location, including employees from Bosch Corporate Research, Robert Bosch Venture Capital and other divisions.Continue →


AdRoll: $300M Run Rate, 35,000 Customers

San Francisco-based performance marketing and ad retargeting software developer AdRoll said on Thursday that it has just passed a $300M run rate, and now has 35,000 active customers as of the end of 2016. The privately held firm is led by CEO and co-founder Aaron Bell. AdRoll is venture backed by Foundation Capital, Institutional Venture Partners (IVP), Northgate Capital, Performance Equity, Glenmede, Merus Capital, Accel Partners and Peter Thiel....Continue →


SafeGraph Finds $16M

San Francisco-based SafeGraph, which is developing geospatial intelligence data for the machine learning area, has raised $16M in a Series A funding. The company, led by Auren Hoffman, said the funding round came from IDG Ventures USA, along with over a hundred angels, including Peter Thiel, Adam D'Angelo, Romesh Wadhwani, Eric Cantor, KT zu Guttenberg, Prince Turki Al Saud, Jack Dangermond, Barry Sternlicht, Pete Briger, Naval Ravikant, and Nicolas Berggruen....Continue →


Riverbed Buys Xirrus

San Francisco-based wide area networking equipment maker Riverbed--which was recently acquired by Thoma Bravo--has acquired wireless access point and SD-WAN maker Xirrus, the two announced on Wednesday. Financial details of the buy were not announced. Xirrus has previously raised funding from August Capital, Canaan Partners, Interwest Partners, QuestMark Partners, and US Venture Partners.Continue →


Getaround Gets $45M More For Peer-To-Peer Car Sharing

San Francisco-based Getaround, which operates a peer-to-peer car sharing marketplace, has raised $45M in a Series C funding, the company said this morning. The funding was led by Braemer Energy Ventures, and also included Toyota Motor Corporation (via SPARX Group), SAIC Capital, the venture capital investment arm of Shanghai Automotive, along with Menlo Ventures and Traingle Peak Partners. The company said the funding goes to North American expansion. The company's founder and CEO is Sam Zaid....Continue →


Marketo Acquires ToutApp

San Mateo-based marketing software developer Marketo announced today that it has acquired San Francisco-based sales software developer ToutApp. Financial details of the buy were not announced by the company. ToutApp was venture backed by Andreessen Horowitz, Sigma West, Founder Collective, 500 Startups and the Launch Fund, and had been founded by Tawheed (TK) Kader.Continue →


Dome 9 Security Finds $16.5M

Mountain View-based Dome 9, a developer of cloud security software, has raised $16.5M in a Series C funding, the company disclosed today. The funding was led by Softbank. Dome 9's software is used by enterprises to assess their network security; the company was founded in Tel Aviv, where it has major operations. Dome 9's founders are Zohar Alon and Roy Feintuch.Continue →


Asset Vantage Buys Financial Navigator

Santa Clara-based Asset Vantage, a developer of cloud-based asset management, accounting, and reporting software, said this morning that it has acquired fellow Santa Clara financial software developer Financial Navigator. Financial details of the acquisition were not disclosed. Financial Navigator is a developer of general ledger and portfolio tracking software for wealth managers. Mark Rogozinski is CEO of Asset Vantage, which was advised by Silver Lane Advisors LLC in the acquisition....Continue →


Switchfly Gets Venture Debt From Golub Capital

San Francisco-based Switchfly, a provider of software used for loyalty programs and e-commerce for airlines, hotels, online travel agencies, and financial services companies, has scored a late stage, growth financing from Golub Capital. Financial details of the funding were not announced. Golub Capital is a provider of venture debt. Switchfly is venture backed by Canaan Partners, Azure Capital Partners and StarVest Partners.Continue →


V5 Systems Raises $12M

Fremont-based V5 Systems, which develops outdoor, security sensor systems, has raised $12M in a Series A 2 funding round. Source of the funding was not announced. The company says it has now raised $20M in funding for its technology. The company says it is using artificial intelligence in its outdoor devices to help its users collect, analyze, and relay outdoor sensor data, including video, sound, and chemical sensing.Continue →


Oracle Acquires Moat

Redwood Shores-based Oracle has acquired Moat, a provider of advertising analytics information for brands, the two said on Tuesday afternoon. Financial details of the buy were not disclosed. Moat, which was based in New York, is led by CEO Jonah Goodhart, who joins Oracle along with the rest of his team.Continue →



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LATEST FUNDING

4/21/17

Gladly

4/20/17

SafeGraph

4/20/17

Getaround

4/19/17

Dome 9 Security

4/19/17

V5 Systems, Inc.

4/18/17

Zinc

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VENTURE CAPITAL

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