Antares Audio, Maker Of Auto-Tune, Acquired

Scotts Valley, California-based Antares Audio Technologies, the company behind the popular Auto-Tune software, has been acquired by private equity investors Broadstream Capital partners and Corbel Structured Equity Partners. Financial details of the buyer were not disclosed. Antares Audio had been owned by founder and CEO, Dr. Andy and Georganna Hildebrand.Continue →

Vessel Acquired By Verizon

San Francisco-based subscription video site Vessel announced earlier this week that it has been acquired by Verizon. Financial details of the acquisition were not announced. Vessel will shut down the service as a result of the acquisition. Vessel was venture backed by $130M in funding from Benchmark Capital, Greylock Partners, and Bezos Expeditions; the company's founders were former Hulu CEO Jason Kilar and CTO Richard Tom....Continue →

Quantenna Slips Slights In IPO

Fremont-based Quantenna Communications made its debut this morning on the NASDAQ Global Select Market, slipping slightly in morning trading to around $15.56, after pricing its IPO at $16.00 per share last night. The company sold 6,700,000 shares of its common stock at $16.00 per share in its offering. The company now trades as QTNA. Quantenna had priced at the high end of its initial estimated IPO pricing range of $14.00 to $16.00 per share....Continue →

UNITY Biotechnology Raises $115M

San Francisco-based UNITY Biotechnology announced on Thursday that it has raised $116M in a Series B funding. The funding came from ARCH Venture Partners, Baillie Gifford, Fidelity Management and Research Company, Partner Fund Management, and Venrock, along with Bezos Expeditions, WuXi PharmaTech and Mayo Clinic Ventures. UNITY said it has named Keith Leonard as CEO as part of the funding; founder and previous CEO Nathaniel "Ned" David becomes President of the company....Continue →

Twitter Shuts Down Vine

Goodbye, Vine. Four years after purchasing Vine, Twitter is shuttering the service, and will be discontinuing the services mobile app. According to a post from Vine, it will continue to allow users to access and download Vines on its website. Reason for the shutdown of the vine app was not given. Vine had allowed users to share very short, looping videos with friends and contacts....Continue →

Securly Snags $4M For School Web Filtering Software

San Jose-based Securly, a developer of cloud-based, web-filtering software for schools, has raised $4M in a Series A funding, the company said thi week. The funding was led by Owl Ventures. Securly says it hs now raised $7M in total. Securly said it will use the new funding to reach beyond schools, and start marketing products to parents to monitor their childrens' online activity. Securly is led by CEo and co-founder Vinay Mahadik.Continue →

Bloomreach Captures Hippo

Mountain View-based e-commerce personalization software and marketing developer Bloomreach has captured Hippo, a Dutch content management systems developer, the company said on Wednesday. Financial terms of the acquisition were not announced. BloomReach's CEO is Raj De Datta. The company is venture backed by Bain Capital Ventures, Battery Ventures, Lightspeed Ventures, New Enterprise Associates and Salesforce Ventures. Hippo was based in Amsterdam....Continue →

Cloudian Picks Up $41M More For Object Storage Software

San Mateo-based Cloudian, a developer of object-based storage software, has raised $41M in a Series D funding round, the company said this morning. The funding was led by Eight Road Ventures and Epsilon Venture partners, and also included Lenovo, City National Bank and DVP Investment plus Intel Capital, INCJ and Goldman Sachs. The company said the funding brings its total raised to $79M. Michael Tso is the CEO and co-founder of Cloudian.Continue →

Habit Scoops Up $32M From Campbells For Personalized Nutrition

San Francisco-based Habit, a personalized nutrition and wellness company led by Plum Organics co-founder Neil Grimmer, has raised $32M in a funding round from Campbell's Soup Company. Campbell's had acquired Plum Organics in 2013. Grimmer says that he founded Habit after his own, personal health scare two years ago, involving his health habits. The company said it will use DNA, blood, body metrics, and lifestyle information to provide personalized nutrition information to its customers....Continue →

Baffle Takes $3M For Encryption Software

Santa Clara-based Baffle, which is developing "end-to-end" encryption software, has raised $3M in a funding round, the company said this morning. The funding was led by True Ventures, and also included Engineering Capital. The company said it has created an "encryption solution as a service" which protects data, not just when it is stored but also when it is also being processed by databases and applications.Continue →

Wavefront Gets $52M

Palo Alto-based Wavefront, which runs a performance monitoring service for cloud and other application environments, has raised $52M in a Series B funding. The funding came from Sequoia Capital, Sutter Hill Ventures, and Tenaya Capital. The company said the funding will go to accelerate research and development and expand its product offerings, plus expansion of sales marketing and support.Continue →

Benchling Finds $7M For Life Sciences Software

San Francisco-based Benchling, a developer of life sciences R&D software, said Monday that it has raised $7M in a new funding round. The funding was led by Thrive Capital, and also included Andreessen Horowitz, Geoff Ralston (Y Combinator), Matt Huang (Sequoia), David Wallerstein (Tencent), and Ashton Kutcher. The company says it has now raised $13M in total. Benchling develops a cloud-based lab notebook software product, linked with molecular biology and other tools....Continue →




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