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  • Friday, July 22, 2016

    Genesys Gets $900M Investment From Hellman & Friedman

    San Francisco-based contact management software developer Genesys said Thursday private equity investor Hellman & Friedman LLC has invested $900M in the company in a private equity round. Genesys says that Hellman & Friedman acquired the equity stake from its existing investors. The deal was valued at $3.8 billion. Genesys said existing investors Permira Funds, Technology Crossover Ventures, and other original investors will continue to own a majority stake in the company....Continue →

  • Friday, July 22, 2016

    Kazan Networks Finds $4.5M For Low Latency Interconnect

    Auburn, California-based Kazan Networks, a developer of low latency interconnects aimed at allowing for remote sharing and access to flash memory between storage and servers, has raised $4.5M in a Series A funding. The funding was led by Samsung Ventures, and also included Intel Capital and Western Digital. Kazan said its product allows for sub-1us latency to access on volatile memory over fabric networks, which enables scaling of server networks....Continue →

  • Friday, July 22, 2016

    Silicon Valley Venture Capitalists Mark Templeton Dies In Kayaking Accident

    Mark R. Templeton, a Managing Director at Los Altos-based Scientific Ventures, has passed away after a kayaking accident in Oregon. According to the firm and family, Templeton, who was 57, died on July 17th while kayaking with friends on the Rogue River in Oregon. Templeton was co-founder of Artisan Components, which was acquired by ARM Holdings in 2004....Continue →

  • Thursday, July 21, 2016

    LawRoom Acquired By EverFi

    Walnut Creek-based LawRoom, a provider of online, compliance education, has been acquired by Washington, DC-based EverFi. Financial terms of the acquisition were not disclosed. LawRoom is a provider of training courses and education, particularly in the areas of required training for legal compliance. One of the company's main areas has been high education--through its CampusClarity unit--which specifically focuses on alcohol abuse and sexual violence prevention courses for schools....Continue →

  • Thursday, July 21, 2016

    Innit Gets $18M More For The Connected Kitchen

    Redwood City-based Innit, a developer of automated, Wi-Fi enabled kitchen appliances, has raised $18M more in funding, the company said Thursday. The company said that strategic investors and its founders participated in the funding. Names of those investors were not announced. Innit develops connected food products, which recommends food based on the inventory of what you have at home, helps people identify and measure food, and more. The company says it has now raised $43M in funding in total....Continue →

  • Thursday, July 21, 2016

    Brandcast Finds $13.9M For Web Publishing Platform

    San Francisco-based Brandcast, a developer of tools which make it easy for brands and other companies to maintain and publish websites, said Wednesday that it has raised $13.9M in a Series A funding round. The funding was led by Shasta Ventures, and also included Correlation Ventures and Marc Benioff. The company's tools let non-technical users--such as marketing staff--maintain and publish websites, without IT intervention. Brandcast is led by Richard Yanowitch....Continue →

  • Wednesday, July 20, 2016

    Sift Sciences Secures $30M

    San Francisco-based Sift Science, a startup that develops machine learning to help combat online fraud and abuse, has raised $30M in a Series C funding round. The funding came from Insight Venture Partners, along with Union Square Ventures and Spark Capital. Sift Science says it has now raised $54M in total funding. Sift Science said the new funding goes to expand sales, marketing, and engineering teams, for its product, and to expand its offerings. The company is led by CEO Jason Tan....Continue →

  • Wednesday, July 20, 2016

    Pantheon Picks Up $29M For Wordpress, Drupal Hosting Management

    San Francisco-based Pantheon, a provider of management for Wordpress and Drupal installations, has raised $29M in a Series C funding, the company said this morning. The funding came from Foundry Group, Industry Ventures, OpenView Investment Partners, and Scale Venture Partners. The company says it has now raised $57M in funding in total. Pantheon is led by Zack Rosen. Pantheon uses "containers" for web hosting and management.Continue →

  • Wednesday, July 20, 2016

    Bloomberg Beta Raises $75M Fund

    San Francisco-based venture capital investor Bloomberg Beta has raised another, $75M fund, from Bloomberg L.P., the two said on Tuesday. The second fund will continue to invest in the "future of work" and machine intelligence investments. Bloomberg Beta is led by Roy Bahat, who previously led IGN Entertainment and OUYA.Continue →

  • Wednesday, July 20, 2016

    Audentes Therapeutics Prices IPO

    San Francisco-based Audentes Therapeutics has priced its IPO, saying late Tuesday evening that it will offer 5,000,000 shares of its common stock at $15.00 per share. The company priced at the midpoint of its earlier, estimate IPO range of $14.00 to $16.00 per share. The company will begin trading this morning on the NASDAQ Global Market AS BOLD. The company was venture backed Deerfield Management, Sofinnova Ventures, Venrock,OrbiMed, 5AM Ventures, and Versant Ventures....Continue →

  • Tuesday, July 19, 2016

    Skycure Gets $16.5M

    Palo Alto-based Skycure, a developer of mobile security software for the enterprise, announced this morning that it has raised $16.5M in a Series B funding round. The round was led by Foundation Capital, and also included all of its prior investors, including Shasta Ventures, Pitango Venture Capital, Skycure customer New York Life, plus angeles Peter McKay, and Michael Weider, plus new investor Lane Bess (Palo Alto Networks). Paul Holland of Foundation Capital joins the company's board....Continue →

  • Tuesday, July 19, 2016

    SciClone Abandons Acquisition Hopes

    Foster City-based SciClone Pharmaceuticals said this morning that it has decided to remain an independent, publicly traded company, and is no longer talking to potential acquirers. The company--which is traded on the NASDAQ as SCLN--had launched a "strategic review" of its business in February, which was being run by Lazard. The company said that, after approaching a "significant number" of potential acquirers, it has instead decided to remain an independent, publicly traded company....Continue →

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