Top News

  • Monday, September 26, 2016

    Skyhigh Networks Finds $40M In Funding

    Campbell, California-based Skyhigh Networks, a developer of cloud-based security software for the enterprise, announced over the weekend that it has raised $40M in a Series D funding round. The funding was led by Thomvest Partners, and also included Greylock Partners and Sequoia Capital. The comapny said Umesh Padval, Venture Partner at Thomvest, has joined the company's board. Skyhigh Networks is led by co-founder and CEO Rajiv Gupta.Continue →

     
  • Monday, September 26, 2016

    MicuRx Pharmaceuticals Gets $55M For Antibiotics Development

    Hayward-based MicuRx Pharmaceuticals, which is developing oral and intravenous antibiotics to treat MRSA, has raised $55M in a Series C funding, the company announced this morning. The funding was led by GP Healthcare Capital, and also included GP TMT Capital, 3E Bioventures Capital, and Delian Capital. Yu Miao of GP Healthcare Capital joins the company's board with the funding. MicuRx is led by Zhengyu Yuan, Ph.D. MicuRx has now raised around $90M in total funding....Continue →

     
  • Monday, September 26, 2016

    Canvas Ventures Picks Up $300M For Software Investments

    Portola Valley-based Canvas Ventures, led by Rebecca Lynn, Paul Hsiao, Garry Little, and Ben Narasin, has closed a new fund, Canvas Ventures 2, worth $300M, to go towards its early stage, software and services startup investments. The firm said the new fund will go towards software and services startups, and primarily will be invested in Series A and Series B round, with initial investments of $250,000 to $10M....Continue →

     
  • Friday, September 23, 2016

    Analogix Acquired By Shanhai Capital For $500M

    Santa Clara-based semiconductor developer Analogix and Chinese investor Beijing Shanhai Capital Management Co., Ltd. said late Thursday that Shanhai Capital will pay over $500M for Analogix. Analogix develops mixed signal, integrated circuits used for high performance displays. Analogix was venture backed by DCM Ventures, Globespan Capital Partners, Keytone Ventures, and the Woodside Fund. The companies said that Analogix already had a majority of its engineering operations in Beijing, China....Continue →

     
  • Friday, September 23, 2016

    Coupa Software Sets Estimated IPO Pricing Range

    San Mateo-based Coupa Software set its estimated IPO pricing range on Thursday, saying that it anticipates that it will price at between $14.00 and $16.00 per share. Coupa is selling 6,700,000 shares of its stock, which at $16.00 would net it $107.2M via the offering. Coupa has applied to list on the NASDAQ Global Market as COUP. Coupa Software is backed by Mohr Davidow, Battery Ventures, El Dorado Ventures, BlueRun, Crosslink Ventures, ICONIQ Venture Capital, Rally Ventures, T....Continue →

     
  • Friday, September 23, 2016

    Apple Buys Tuplejump For Machine Learning

    Mountain View-based Apple confirmed on Thursday that it has acquired Indian startup Tuplejump, which develops machine learning and artificial intelligence software. Financial terms of the acquisition were not announced. Tuplejump is based in Hyderabad, India. Tuplejump's software was used by companies to visualize and process big data.Continue →

     
  • Thursday, September 22, 2016

    Airbnb Raises $555M In Funding From Google Capital, TCV

    San Francisco-based Airbnb has raised $555M as part of a larger funding round, led by Google Capital and Technology Crossover Ventures, according to both a regulatory filing and details leaked to the press. The funding is part of a larger, $850M funding round, according to the WSJ. The filing indicates 27 investors invested a total of $555,462,180 in the round; the WSJ reported at least an additional $200M was purchased from existing Airbnb employees.Continue →

     
  • Thursday, September 22, 2016

    Yahoo: Over 500 Million User Accounts Hacked

    Sunnyvale-based Yahoo said on Thursday that it had been backed by what is believes is a "state-sponsored actor", and that more than 500 million user accounts had been hacked. Yahoo confirmed via a statement that names, email addresses, telephone numbers, dates of birth, hashed passwords, and in some cases security questions and answers had all been compromised sometime in late 2014....Continue →

     
  • Thursday, September 22, 2016

    Vina Gets $1.4M From Investors

    San Francisco-based Hey! VINA, the developer of a Tinder-like app which lets women find and connect with other women, to find friends, workout partners, and more, has raised $1.4M in a seed funding round. The funding came from Greylock Partners, New Enterprise Associates, and Wildcat Venture Partners, along with dating app developer Tinder. Vina was co-founded and is led by Olivia June Poole....Continue →

     
  • Thursday, September 22, 2016

    Mavrx Gets $10M For Aerial Crop Analysis Tools

    San Francisco-based Mavrx, which develops software which uses aerial imagery and machine learning to analyze crop growth patterns, has raised 10M in a Series A funding. The funding was led by Eclipse Ventures, and also included Bloomberg Beta and Visionnaire Ventures. Mavrx is led by Max Bruner.Continue →

     
  • Thursday, September 22, 2016

    InfluxData Snags $16M For Data Management Tools

    San Francisco-based InfluxData, a developer of open source tools used for storing, visualizing, and alerting on time-series data, has raised $16M in a funding round, the company said on Wednesday. The funding was led by Battery Ventures, and also included Mayfield, Trinity Ventures, and Bloomberg Beta. The round was led by Dharmesh Thakker at Battery. InfluxData is led by Evan Kaplan.Continue →

     
  • Thursday, September 22, 2016

    Airware Acquires Redbird

    San Francisco-based drone software and hardware developer Airware announced today that it had acquired Redbird, a developer of drone applications which are used for aerial data visualization and analytics for mines, quarries and construction sites. Financial terms of the acquisition were not disclosed. Airware is led by Jonathan Downey. The company is backed by Andreessen Horowitz and Kleiner Perkins Caufield & Byers....Continue →

     
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