Palo Alto, California-based Nok Nok Labs, a provider of secure authentication services, announced it has raised $8 million in a Series D round of funding. Motorola Solutions Venture Capital led the round, which included existing investors, such as DDS Inc, ONSET Ventures, DCM Ventures, Lenovo Group, Korea Information Certificate Authority and DOCOMO Innovations. The company has now raised $55 million in total funding since it was founded in 2011.
1 min read · 11 July 2017
Bi-coastal venture firm CRV has filed two regulatory documents seeking funding, one for a new main fund that aims to raise $450 million, and the other is its first growth fund that is targeted at $400 million. Fund XVII is about 15 percent larger than Fund XVI, which closed in 2014 at $393 million.
1 min read · 10 July 2017
Pasadena, California-based Miso Robotics, a developer of robotics and artificial intelligence solutions, announced it raised $3.1 million in funding from Acacia Research Corporation, Match Robotics VC and undisclosed strategic investors. The company said it will use the funding to deliver Flippy, an AI-driven robotics product for the restaurant industry that will work alongside kitchen staff.
1 min read · 07 July 2017
San Francisco-based Oakhouse Partners has filed to raise $50 million in new commitments, according to a regulatory filing. The firm's sole GP listed on the document is Jason Portnoy, who previously was the founding partner of Subtraction Capital, which raised $20 million when it was founded in 2013.
1 min read · 07 July 2017
4 min read · 05 July 2017
Dave McClure, who on Friday stepped away from the day-to-day operations at 500 Startups over inappropriate behavior, issued an apology for being a creep.
2 min read · 02 July 2017
Jessica Straus said in an email on June 30 she is joining GE Ventures in Menlo Park, California, as an entrepreneur-in-residence beginning in July. She joined the National Venture Capital Association three years ago and was most recently vice president of development.
1 min read · 30 June 2017
The newly launched Miami-based tech accelerator TheVentureCity is seeking to raise $100 million, according to a regulatory filing. The organization is led by co-founders Laura González-Estéfani, a former director of international business development and mobile partnerships at Facebook, and Clara Bullrich, a 20-year private banking and asset management veteran who most recently was managing partner for Guggenheim Partners Latin America.
1 min read · 30 June 2017
2 min read · 29 June 2017
Palo Alto, California-based Science Exchange, operator of a platform for scientific services, has raised $28 million in Series C funding led by Norwest Venture Partners. Existing investors Union Square Ventures, Maverick Capital and Collaborative Fund also participated in the latest round. The company has now raised $58 million in funding since it was founded in 2011. As part of the funding, Norwest General Partner Casper de Clercq has joined the company’s board.
1 min read · 29 June 2017
