Tag: Sequoia Capital

Sequoia Leads $30M Round for Visualization App-Maker MeLLmo

Del Mar, CA-based MeLLmo, which provides visualization software that transforms data from spreadsheets and other business software into interactive graphics for the iPhone and iPad, says today it has secured $30 million through a round led by Sequoia Capital. This is MeLLmo’s first round of institutional financing. The startup had previously raised $20 million from … Continue reading “Sequoia Leads $30M Round for Visualization App-Maker MeLLmo”

MeLLmo Obtains $30,000,000 New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=00b9f8c9-fb05-4f58-ac50-61ca62998f53&Preview=1 Date 9/15/2011 Company Name MeLLmo Mailing Address 2002 Jimmy Durante Blvd Del Mar, CA 92014 Company Description MeLLmo Inc. is a privately funded software company setting out to solve this challenge. Founded in January 2008, with offices in San Diego and Santa Monica, MeLLmo’s goal is to create revolutionary ways to … Continue reading “MeLLmo Obtains $30,000,000 New Funding Round”

10gen Raises $20M, Plans New Overseas Offices

New York’s 10gen said in a press release Monday it raised $20 million in a funding round led by Sequoia Capital. Prior investors participating in the round include Union Square Ventures and Flybridge Capital. 10gen developed and maintains MongoDB, an open source database used by such companies as Viacom, Foursquare, and Disney. So far 10gen … Continue reading “10gen Raises $20M, Plans New Overseas Offices”

10gen Lands $20,000,000 Series D Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7b8bd050-9f18-44b0-8275-825196ed3437&Preview=1 Date 9/12/2011 Company Name 10gen Mailing Address 134 5th Ave. Third Floor New York, NY 10011 Company Description 10gen is a new platform-as-a-service technology designed to help developers quickly and easily build dynamic, scalable, mission critical web sites and applications. Website http://www.10gen.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round … Continue reading “10gen Lands $20,000,000 Series D Financing Round”

TechCrunch and CrunchFund: The Conflict-of-Interest Controversy

Is TechCrunch coming apart at the seams, or is it simply going through a leadership transition? Are we witnessing the breakdown of an ill-conceived marriage, or do the events of the last few days amount to publicity ploy—a Britney Spears-style public meltdown, cynically designed to keep the media spotlight fixed in the company’s direction ahead … Continue reading “TechCrunch and CrunchFund: The Conflict-of-Interest Controversy”

Innovid Obtains $9,500,000 New Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=be7febbd-6c5d-4ece-8348-b45f9741fb33&Preview=1 Date 8/31/2011 Company Name Innovid Mailing Address 588 Broadway New York, NY 10012 Company Description Our focus is creating a video ad experience that integrates well with the content, both contextually and visually. Website http://www.innovid.com Transaction Type Venture Equity Transaction Amount $9,500,000 Transaction Round Undisclosed Proceeds Purposes The company will use … Continue reading “Innovid Obtains $9,500,000 New Financing”

Druva Receives $12,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d005c0b7-aea7-46f5-95e7-6dada42da123&Preview=1 Date 8/24/2011 Company Name Druva Mailing Address 1585 Agnew Road Santa Clara, CA 95054 Company Description Information is the key asset of any organization. It is the single aim of Druva to provide products which’ll safeguard this information. With Druva’s products, you’ll be able to efficiently store, protect, and manage your … Continue reading “Druva Receives $12,000,000 Series B Financing”

Flite Is Out to Build a Better Widget For the Internet Ad Industry

By early 2009, Widgetbox was a company on life support. The startup ran a platform that allowed developers to build and distribute small software applications called widgets that could be dropped into consumer or enterprise websites. But the three-year-old San Francisco firm was nearly done in by the triple whammy of the recession (which meant … Continue reading “Flite Is Out to Build a Better Widget For the Internet Ad Industry”

TokBox Works to Break Video Chat Out of Its Siloes, Flank Google+, Facebook

Imagine that “EJ,” the now-Internet-famous San Francisco resident whose home was systematically robbed and vandalized by Airbnb guests, had been able to interview her potential renters beforehand via video chat on Airbnb’s website. She might have picked up on danger signs and avoided the heartache of having her home utterly plundered and her identity stolen. … Continue reading “TokBox Works to Break Video Chat Out of Its Siloes, Flank Google+, Facebook”

$17M for Inkling for iPad Textbooks

Inkling, a San Francisco startup adapting college textbooks for the iPad, said today that it has raised $17 million in Series B financing. Tenaya Capital led the round, which was joined by Jafco Ventures, Pearson Education, and Sequoia Capital. Inkling announced two previous funding rounds of undisclosed size, in August 2010 and March 2011.

Inkling Receives $17,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b3e28c53-2ea0-478e-9d6d-6a8294f3dc63&Preview=1 Date 8/3/2011 Company Name Inkling Mailing Address 153 Kearny Fifth Floor San Francisco, CA 94108 Company Description Inkling was founded in late 2009 to tackle the challenges of interactive publishing. Inkling’s partnerships with major publishers like Cengage Learning, John Wiley & Sons, McGraw-Hill, and Wolters Kluwer will yield next-generation interactive titles … Continue reading “Inkling Receives $17,000,000 Series B Funding Round”

Hearsay Social Gets $18M

San Francisco-based Hearsay Social, which helps large, multi-location companies coordinate social media marketing activities by their branch managers, said today that it has collected $18 million in Series B funding. New backer New Enterprise Associates led the round, which was joined by existing investor Sequoia Capital. The company launched in February with $3 million in … Continue reading “Hearsay Social Gets $18M”

Hearsay Social Obtains $18,000,000 Series B Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6ab323ec-33eb-4741-a504-59a80c990026&Preview=1 Date 7/28/2011 Company Name Hearsay Social Mailing Address Undisclosed Menlo Park, CA 94025 Company Description The company provides an online service that allows businesses to track social media for their local branches. Website http://www.hearsaysocial.com Transaction Type Venture Equity Transaction Amount $18,000,000 Transaction Round Series B Proceeds Purposes The company will use … Continue reading “Hearsay Social Obtains $18,000,000 Series B Funding”

Ksplice Bought By Oracle, Q2 Boston Deals Break $1B, General Catalyst Funds Airbnb, & More Boston-Area Deals News

[Corrected 7/27/11, 10:20 am. See below.]Deals news was red-hot in the last week, with reports of $1B+ investment totals from the year’s second quarter and a massive June Massachusetts funding pot. We also caught a fresh stream of headlines on financings and acquisitions. —Lexington, MA-based drug developer Amag Pharmaceuticals (NASDAQ: [[ticker:AMAG]] said it would merge … Continue reading “Ksplice Bought By Oracle, Q2 Boston Deals Break $1B, General Catalyst Funds Airbnb, & More Boston-Area Deals News”

Thrutu’s In-Call Media Sharing App Comes to the iPhone

Since March 3, when Palo Alto, CA-based Thrutu introduced its Android app for sharing photos, contacts, and map locations during a voice call, more than 250,000 Android phone owners have downloaded the app. That’s a lot for an Android app, so Thrutu vice president Liz Rice seemed pretty happy when I spoke with her yesterday. … Continue reading “Thrutu’s In-Call Media Sharing App Comes to the iPhone”

SynapSense Obtains $16,000,000 Series C Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bb5b479-0620-4989-81a5-6e2aad9c0298&Preview=1 Date 7/20/2011 Company Name SynapSense Mailing Address 2365 Iron Point Rd Folsom, CA 95630 Company Description SynapSense Corporation is a developer of a configurable, scalable wireless sensor networking platform. Website http://www.synapsense.com Transaction Type Venture Equity Transaction Amount $16,000,000 Transaction Round Series C Proceeds Purposes The investment will help SynapSense to provide … Continue reading “SynapSense Obtains $16,000,000 Series C Round”

Unity Technologies Obtains $12,000,000 Series B Financing

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fbb60c20-fd30-453b-ad06-9ec22952c052&Preview=1 Date 7/20/2011 Company Name Unity Technologies Mailing Address 50 Osgood Place San Francisco, CA 94133 Company Description Unity is all about technology that’s both uniquely usable and extremely powerful. Focusing on clear interplay of features and functionality – from your perspective. As a company we are all about building that technology, … Continue reading “Unity Technologies Obtains $12,000,000 Series B Financing”

MoboTap Collects $10M

San Francisco-based MoboTap, maker of the Dolphin Web browser for Android devices, has raised $10 million in a Series A funding round led by Sequoia Capital, with participation by Matrix Partners, according to various press reports. According to Dow Jones VentureWire, MoboTap is at work on an iOS version of Dolphin, which includes gesture-based features … Continue reading “MoboTap Collects $10M”

MoboTap Secures $10,000,000 Series A Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa32963c-a3d8-48eb-b9fe-da9068ac909a&Preview=1 Date 7/18/2011 Company Name MoboTap Mailing Address Undisclosed San Francisco, CA 94123 Company Description MoboTap is a mobile technology developer that is committed to advancing the mobile revolution by improving the way people experience the web through their mobile devices. Founded and led by an international team of proven engineers and … Continue reading “MoboTap Secures $10,000,000 Series A Funding”

Nimble Storage Garners $25,000,000 Series D Funding

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f90896a3-5b74-4c77-a28c-cb22a7f32cb5&Preview=1 Date 7/14/2011 Company Name Nimble Storage Mailing Address 2645 Zanker Rd. San Jose, CA 95134 Company Description Nimble Storage has developed the first converged storage and backup solution that significantly reduces the cost and complexity of storing, accessing, and protecting data for enterprises. Website http://www.nimblestorage.com Transaction Type Venture Equity Transaction Amount … Continue reading “Nimble Storage Garners $25,000,000 Series D Funding”

$50 Million for Evernote

Evernote, the Mountain View, CA-based provider of a popular online notekeeping system, revealed today that it has raised $50 million in new funding. Sequoia Capital led the round, which was joined by Morgenthaler Ventures; both were previous backers of the company. Sequoia Partner Roelof Botha, formerly a board observer at Evernote, has assumed a full … Continue reading “$50 Million for Evernote”

EverNote Garners $50,000,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7c42b2fc-379f-4c0c-91c5-dbca4a1342fb&Preview=1 Date 7/13/2011 Company Name EverNote Mailing Address 333 Evelyn Ave Mountain View, CA 94041 Company Description Evernote allows you to easily capture information in any environment using whatever device or platform you find most convenient, and makes this information accessible and searchable at anytime, from anywhere. Website http://www.evernote.com Transaction Type Venture … Continue reading “EverNote Garners $50,000,000 Series D Round”

Cloudflare, Ignite, Zettaset, Karma: A Mid-Week Funding Roundup

Usually, stories about venture funding rounds go straight into the “News Xpress” section of Xconomy. But once in a while there’s a day with so many funding announcements that we decide to round them up in a quick list instead of publishing a bunch of separate items. Today was one of those days. —San Francisco-based … Continue reading “Cloudflare, Ignite, Zettaset, Karma: A Mid-Week Funding Roundup”

Fewer Funds Raise More Capital as Venture Industry Contracts Around “Brand Name” VCs

The U.S. venture capital industry is raising more capital for fewer funds so far this year, continuing a contraction in the number of venture firms, according to a couple of rival surveys released today. While the $2.7 billion raised by VC firms during the second quarter marked a 28 percent increase over the $2.1 billion … Continue reading “Fewer Funds Raise More Capital as Venture Industry Contracts Around “Brand Name” VCs”

CloudShare Garners $10,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8b6c02b5-8c69-4abd-a410-dce04d260e00&Preview=1 Date 7/5/2011 Company Name CloudShare Mailing Address 2929 Campus Dr. San Mateo, CA 94403 Company Description CloudShare (formerly IT Structures) replicates fully-functional IT environments in the cloud in seconds, enabling you to give everyone their own copy of the same base system – their own personal datacenter replica – that they … Continue reading “CloudShare Garners $10,000,000 Series C Funding Round”

Piazza Secures $1,500,000 New Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=44fd6583-5b44-494c-a575-e3bd146719aa&Preview=1 Date 7/5/2011 Company Name Piazza Mailing Address PO Box 19148 Palo Alto, CA 94309 Company Description Piazza is a free, online collaboration platform for students and teachers to communicate about complex problems in real time. Website http://www.Piazza.com Transaction Type Venture Equity Transaction Amount $1,500,000 Transaction Round Undisclosed Proceeds Purposes Proceeds purposes … Continue reading “Piazza Secures $1,500,000 New Round”

Performable Picked Up by HubSpot

Cambridge, MA-based HubSpot, a marketing tech company, has acquired fellow Cambridge startup Performable, which focuses on marketing automation. Terms of the deal weren’t announced, but Performable’s 18-person team, including founder and CEO David Cancel, will join HubSpot (now more than 260 strong) at the latter company’s headquarters on First Street. Cancel will become HubSpot’s chief … Continue reading “Performable Picked Up by HubSpot”

Peer39 Wins Support From Venture Community for Non-Cookie-Based Ad Platform

Privacy advocates have long been up in arms about cookies—those data packets that store information about you in your browser, and that have become the basis of some technologies that allow companies to market directly to you. So a couple of years back, the venture community began looking for technology developers who had new approaches … Continue reading “Peer39 Wins Support From Venture Community for Non-Cookie-Based Ad Platform”

Cotendo Lands $17,000,000 Series D Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b04c403a-bd49-40d6-808f-36d30addb2e8&Preview=1 Date 6/15/2011 Company Name Cotendo Mailing Address 530 Lakeside Drive Sunnyvale, CA 94085 Company Description Cotendo is a content delivery network and an innovator of software-focused CDN technologies. Cotendo’s full suite of content delivery applications is addressing an important unmet need that Internet content providers have for application-level flexibility and sophisticated … Continue reading “Cotendo Lands $17,000,000 Series D Funding Round”

Taykey’s Ad Tech Wins $9 Million in Funding

New York-based Taykey, an online advertising platform that predicts where Web surfers are going next, raised a $9 million Series B and launched its service today, according to a press release. The company, which was founded by three former intelligence officers from the Israeli Defense Ministry, uses a proprietary algorithm to tell advertisers where their … Continue reading “Taykey’s Ad Tech Wins $9 Million in Funding”

Taykey Lands $9,000,000 Series B Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=31d79b5a-cfeb-4a10-9e39-52d347953f0c&Preview=1 Date 6/9/2011 Company Name Taykey Mailing Address 10 W. 18th St. New York, NY 10011 Company Description Taykey’s real-time trends platform extends your reach to people who care about you, right now. Our core algorithms that monitor trends to discover who is interested in you right now, and place your brand … Continue reading “Taykey Lands $9,000,000 Series B Funding Round”

Lattice Engines Lands New Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7da94e99-6995-41f1-b3f5-03d37d112423&Preview=1 Date 6/7/2011 Company Name Lattice Engines Mailing Address 1825 South Grant Avenue San Mateo, CA 94404 Company Description Lattice Engines provides analytic solutions that help customers maximize their return on sales and marketing investments. Our solutions combine advanced optimization techniques, and predictive analytics built on a very flexible data integration platform. … Continue reading “Lattice Engines Lands New Funding Round”

Mu Sigma Lands $25,000,000 Series C Funding Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f99768a-d88d-47d4-b444-38de5290fe6e&Preview=1 Date 6/6/2011 Company Name Mu Sigma Mailing Address 3400 Dundee Rd Northbrook, IL 60062 Company Description Mu Sigma is a knowledge process outsourcing firm that provides high quality analytical decision support services to its clients in a cost effective manner. Website http://www.mu-sigma.com Transaction Type Venture Equity Transaction Amount $25,000,000 Transaction Round … Continue reading “Mu Sigma Lands $25,000,000 Series C Funding Round”

$20M More for MobileIron

Mountain View, CA-based mobile security company MobileIron has raised $20 million in Series D financing, according to an announcement today. The money came from existing investors, inclding Foundation Capital, Norwest Venture Partners, Sequoia Capital, and Storm Ventures. The startup said the funding will be used “to drive rapid global growth, accelerate initiatives for existing and … Continue reading “$20M More for MobileIron”

Mixpanel Obtains $1,250,000 Series A Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=34d11846-8c91-47f3-a407-399f33c9ad60&Preview=1 Date 5/27/2011 Company Name Mixpanel Mailing Address 507 Central Ave Mountain View, CA 94043 Company Description Mixpanel is a real-time analytics service that helps companies understand how users interact with web applications. Website http://www.mixpanel.com Transaction Type Venture Equity Transaction Amount $1,250,000 Transaction Round Series A Proceeds Purposes The funding will be … Continue reading “Mixpanel Obtains $1,250,000 Series A Round”

MobileIron Lands $20,000,000 Series D Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a11ee463-0467-4039-96f9-1d0c2eeaec7c&Preview=1 Date 5/26/2011 Company Name MobileIron Mailing Address 815A East Middlefield Road Mountain View, CA 94089 Company Description MobileIron was founded to bring simplicity to the chaos of smartphones in the enterprise. Smartphones are quickly becoming the primary personal communications and computing platform for business. However, they introduce cost, risk, and usability … Continue reading “MobileIron Lands $20,000,000 Series D Round”

Emergence Capital: The Sequoia of SaaS, aka the House that Salesforce.com Built

Even in Silicon Valley, where the profusion of venture firms means that there’s a lot of specialization, you don’t often run into a firm as focused as Emergence Capital Partners. Many firms confine themselves to investing in Web or software startups, but Emergence is far narrower than that: the four-partner firm restricts itself solely to … Continue reading “Emergence Capital: The Sequoia of SaaS, aka the House that Salesforce.com Built”

Symantec Pays $390M for Clearwell

Mountain View, CA-based Symantec (NASDAQ: [[ticker:SYMD]]), the company best known for the Norton AntiVirus software line for PCs, said today that it has agreed to acquire Clearwell Systems, a maker of archiving and e-discovery software for litigation support. Symantec will pay $390 million in the transaction, net of Clearwell’s $20 million in cash. Clearwell, which … Continue reading “Symantec Pays $390M for Clearwell”

Toyota Invests in WiTricity, Gambling.com Goes for $2.5M on Sedo, eBay Buys FigCard to Roll Into PayPal, & More Boston-Area Deals News

Acquisitions and financing headlines were prominent this week for companies in the Web, mobile, and enterprise IT spaces. —TA Associates and Summit Partners, growth equity firms with offices in Boston and Silicon Valley, nabbed a controlling share of the Germany-based online gaming company Bigpoint, by investing $350 million in recapitalization financing. Previous Bigpoint shareholder Comcast … Continue reading “Toyota Invests in WiTricity, Gambling.com Goes for $2.5M on Sedo, eBay Buys FigCard to Roll Into PayPal, & More Boston-Area Deals News”

Eons Bought by Crew Media

When is an eon only half a decade? When you’re talking about Eons, the social networking site for baby boomers launched in 2006 by Monster.com founder Jeff Taylor. San Francisco-based media services company Crew Media, which operates a boomer-focused advertising agency called Continuum Crew, said today that it has acquired Eons and its associated advertising … Continue reading “Eons Bought by Crew Media”

Service-Now Names Software Industry Veteran Frank Slootman as CEO

When I met in January with Service-now.com founding CEO Fred Luddy, he said the company that provides software-as-a-service for IT management has enough momentum to carry it through an IPO. Today, if I’m reading the tea leaves correctly, the San Diego company took an important preliminary step in that process by naming Bay Area software … Continue reading “Service-Now Names Software Industry Veteran Frank Slootman as CEO”

Jive Acquires Proximal Labs

Palo Alto, CA-based Jive Software, which makes social business applications, said yesterday that it has acquired Proximal Labs, also of Palo Alto. Founded last year, Proximal is developing analytics software that connects people with similar interests based on their social media activity; Jive plans to build Proximal’s technology into the next release of its own … Continue reading “Jive Acquires Proximal Labs”

Sequoia, IVP Put $15M into Sugar

San Francisco-based Sugar Inc., which owns a hugely popular network of women-oriented websites including PopSugar, ShopStyle, PopSugarCity, and Fashionologie, announced today it has collected $15 million in growth-stage financing from Sequoia Capital and Institutional Venture Partners. The funding brings Sugar’s total venture pot to $46 million. “Brian and Lisa Sugar [the company’s founders] are entertaining … Continue reading “Sequoia, IVP Put $15M into Sugar”

Sugar Inc. Obtains $15,000,000 New Financing Round

Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ba0025e-42d7-47bf-8576-29f13fd3fd1b&Preview=1 Date 4/13/2011 Company Name Sugar Inc. Mailing Address 111 Sutter Street San Francisco, CA 94104 Company Description Sugar Publishing, Inc., the privately-owned media company, is focused on creating the richest, most relevant online community for trendsetting, passionate and smart women. Website http://www.sugarinc.com Transaction Type Venture Equity Transaction Amount $15,000,000 Transaction Round … Continue reading “Sugar Inc. Obtains $15,000,000 New Financing Round”

Will One of These Be the Next Google? Student Entrepreneurs Compete at Stanford [Video]

This morning I headed down to Palo Alto with iPad 2 in hand to check in with students and speakers at the Stanford BASES BT National Entrepreneurship Bootcamp. For this event, more than a hundred student delegates from campuses around the country gathered at Stanford for an intensive weekend of workshops and talks given by … Continue reading “Will One of These Be the Next Google? Student Entrepreneurs Compete at Stanford [Video]”

The World’s Most Social City Meets Social Media: Why One Hot Investor Thinks New York Is on Fire as a Tech Startup Hub

It’s no secret to anyone looking at venture activity that New York has blossomed over the past few years as a startup mecca. Riding a wave of investments in Web , media, and advertising startups, the city has recently climbed past Boston to become the second greatest center (after the Bay Area) of high-tech deal … Continue reading “The World’s Most Social City Meets Social Media: Why One Hot Investor Thinks New York Is on Fire as a Tech Startup Hub”

Apperian Adds $9.5M from North Bridge, Bessemer, Kleiner Perkins, Looks to Dominate in Enterprise Mobile Apps

It’s a big day for the New England mobile community. Boston-based Apperian, the maker of a software platform for enterprise mobile apps, said it has raised a $9.5 million Series A round from North Bridge Venture Partners, Bessemer Venture Partners, and Kleiner Perkins Caufield & Byers (iFund, focused on Apple iPad and iPhone software). The … Continue reading “Apperian Adds $9.5M from North Bridge, Bessemer, Kleiner Perkins, Looks to Dominate in Enterprise Mobile Apps”