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    Thursday, January 5, 2017
    Slack Launches New Investment Fund, Slack Fund
    San Francisco-based enterprise communications software developer Slack has launched its own investment fund, the Slack Fund, which is funding companies that connect to its tools. Slack said the new fund will back new companies that "bring more streamlined workflows" to the platform. As part of the launch of the fund, Slack has made investments in (More info...)

    posted on Thursday, January 5, 2017(Full story)

    Jiff Acquired By Castlight Health
    Palo Alto-based enterprise healthcare benefits management software Jiff has been acquired by Castlight Health, the companies said this morning. Financial details of the acquisition were not announced. Jiff is venture backed by Venrock, Aberdare Ventures, and Aeris Capital, among others, and developed software to help employees manage their health benefits. Jiff had raised around $42M in funding.

    posted on Thursday, January 5, 2017 (More)(Full story) Adds $20M
    Redwood City-based disclosed today that it has raised $20M in a new funding round. The funding came from Ascension Ventures, August Capital, Bessemer Venture Partners, Icon Ventures, Kleiner Perkins, and Focus Ventures. provides online reputation management, and is led by Shrey Bhatia.

    posted on Thursday, January 5, 2017 (More)(Full story)

    USVP Founder Bowes Dies
    William K. Bowes, Jr., the founder of Menlo Park-based venture capital investor USVP, has passed away, according to the firm. USVP said Bowes passed away peacefully in his home on Wednesday, December 28th. Bowes founded USVP 40 years ago, in 1981. Bowes was 90 years old. Bowes founded USVP after spending nearly 25 years at investment banking firm Blyth & Co., where he was the lead underwriter for such firms as Hewlett-Packard and Raychem; he also was instrumental in founding Amgen, (More info...)

    posted on Thursday, January 5, 2017(Full story)

    TriNet - HR Services
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