North Bridge, Canaan Pitch In $80M for Active Network

Private Equity Hub reported yesterday that San Diego-based Active Network has raised $80 million in a sixth round of funding led by existing investors North Bridge Venture Partners of Waltham, MA, Canaan Partners of Westport, CT, and ESPN. Existing investor Charles River Ventures of Waltham did not return for this round, which brings the firm’s total venture funding to $275 million, PE Hub reported. Active Network runs a number of Web communites related to sports and active lifestyles, including Active.com and CoolRunning.com, and provides software tools that community organizations can use to manage administrivia such as online registrations, reservations, payments, donations and fundraising, and memberships.

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/