Top News

  • Monday, April 20, 2015

    Vessel Finds $57.5M

    San Francisco-based Vessel, the online video streaming site founded by former Hulu CEO Jason Kilar, disclosed last week that it has raised $57.5M in a Series B funding round. The round was led by Institutional Venture Partners, and also included Benchmark Capital, Greylock Partners and Bezos Expeditions. The new funding brings Vessel's total funding to $134M.Continue →

     
  • Monday, April 20, 2015

    Invuity Files For IPO

    San Francisco-based medical device developer Invuity said today that it is looking to raise up to $69M in an IPO on the NASDAQ Global Market. The company has applied to list as IVTY. The IPO is being underwritten by Piper Jaffray, Leerink Partners, Stifel, and William Blair....Continue →

     
  • Monday, April 20, 2015

    Freshdesk Gets $50M For Customer Support Software

    San Francisco-based Freshdesk, which develops software-as-a-service used for customer support, has raised $50M in a Series E funding, the company disclosed today. The funding was led by Tiger Global Management, and also included Accel Partners and Google Capital. The new funding brings the company's total raised to somewhere near $94M in funding.Continue →

     
  • Friday, April 17, 2015

    Navdy Nabs $20M For Heads Up Display For Your Smartphone

    San Francisco-based Navdy, a startup developing a heads-up display which works with your smartphone, has raised $20M in a Series A funding round, the company said Thursday. The funding was led by Upfront Ventures, and also included Formation8, Qualcomm Ventures, Promus Ventures, Ludlow Ventures and Wareness.io. Navdy--which is in the midst of a pre-order campaign--develops a "heads up" projection display which puts information from your smartphone onto your windshield....Continue →

     
  • Friday, April 17, 2015

    Slack Raises $160M At $2.8 Billion Valuation

    San Francisco-based Slack, the developer of a corporate messaging and collaboration app, has raised $160M in funding, which gives the company at a post money $2.8 billion valuation. Slack--which is led by Stewart Butterfield--said the funding came from Horizons Ventures, DST Global, Index Ventures, Spark Capital, and Institutional Venture Partners balong with Andreessen Horowitz, The Social+Capital Partnership, Accel Partners, Google Ventures, and Kleiner Perkins Caufield & Byers....Continue →

     
  • Friday, April 17, 2015

    Atmel Sells Off XSense Business Line

    San Jose-based Atmel said this morning that it has sold off its XSense touch sensor assets, to Unipixel, in a deal worth $16.25M in royalties over five years, with $9.33M upfront. According to Atmel, it has transferred its XSense related manufacturing assets to UniPixel, and licenssed its patent portfolio and other intellectual property to UniPixel. The deal is structured as a minimum royalty guarantee with the $9.33M serving as a prepayment of those royalties....Continue →

     
  • Friday, April 17, 2015

    Attivo Networks Lands $8M For Threat Detection

    Fremont-based Attivo Networks, a developer of threat detectio technology for detecting automated bot and other attacks in corporate networks, has raised $8M in a Series A funding round. The funding was led by Bain Capital Ventures. Along with the funding, Bain's Enrique Salem joins Attivo Networks' board. Attivo is led by Tushar Kothari.Continue →

     
  • Thursday, April 16, 2015

    RetailNext Gets $125M

    San Jose-based RetailNext, which develops in-store, analytics software for retailers, said this week that it has raised $125M in a growth funding round. The funding was led by Activant Capital Group, and also included August Capital, StarVest Partners, Nokia Growth Partners, Commerce Ventures, American Express, Pereg Ventures and Qualcomm Ventures, plus Siguler Guff & Company. RetailNext says it has now raised $184M in total. Activant's Steve Sarracino joins the board with the funding....Continue →

     
  • Thursday, April 16, 2015

    Sprig Orders Up $45M For On-Demand Meal Delivery

    San Francisco-based on-demand meal delivery service Sprig said this morning that it has raised $45M in a Series B funding, to expand outside of San Francisco to the rest of the country....Continue →

     
  • Thursday, April 16, 2015

    Appirio Raises $35M

    San Francisco-based Appirio, a developer of enterprise cloudsourcing software, said today that it has raised $35M in a Series E funding round. The funding was led by Fidelity Management & Research Company. The company said the funds go towards global expansion. Appirio is led by Chris Barbin. Appirio helps companies crowdsource widgets for Salesforce.com.Continue →

     
  • Wednesday, April 15, 2015

    99designs Gets $10M

    San Francisco-based 99designs, an online marketplace for graphics design, said today that it has raised $10M in a Series B funding round. The funding was led by strategic investor Recruit Holdings, via its Recruit Strategic Partners venture arm. Accel Partners also participated. The company said Accel's Rob Solomon joins the board as part of the funding. 99designs is led by Patrick Llewellyn. The company will use the funding to expand in Japan and elsewhere....Continue →

     
  • Wednesday, April 15, 2015

    NEA Raises Staggering $3.1 Billion In Venture Funds

    Menlo Park-based New Enterprise Associates said this morning that it has raised a $2.8 billion venture capital fund, its fifteenth venture capital fund, along with a $350M NEA 15 Opportunity Fund, targeted at late stage portfolio companies. NEA's Fund XV follows the company's, prior $2.6 billion, fund fourteen. NEA has been in the venture capital business 1977, and has managed nearly $17 billion in total....Continue →

     
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