New York-based Zola, which operates an online registry site, announced it has raised a $25 million Series C round of funding led by Lightspeed Venture Partners. Also participating in the financing are Comcast Ventures, Canvas Ventures, Thrive Capital, BBG Ventures, Female Founders Fund and co-founder Kevin Ryan. Ryan launched Zola in 2013 with Chief Executive Shan-Lyn Ma and Chief Design Officer Nobu Nakaguchi. The company has now raised more than $41 million in funding.
1 min read · 15 December 2016
Sacramento-based SupportPay, which provides an app to help manage child support payments and track related expenses, has raised $4.1 million in Series A funding. Fenway Summer Ventures led the round, which included participation from Moneta Ventures, Continental Advisors and previous investors. As part of the financing, Javier Saade, managing director at Fenway, and Paul Purcell, co-founder and partner at Continental Advisors, have joined the company board. The company, founded in 2011 and previously based in Santa Clara, California, has now raised more than $7 million in funding.
1 min read · 13 December 2016
Redwood City, California-based Tact, which provides a sales automation platform for the enterprise, has raised $15 million in a Series B round of funding led by Upfront Ventures. Microsoft Ventures also participated in round, along with existing investors Kevin Efrusy of Accel Partners and Satish Dharmaraj of Redpoint Ventures, the company announced. Tact has now raised $30 million in total funding. As part of the latest financing, Upfront Managing Partner Mark Suster has joined the board. The company was founded in 2012 by former Salesforce and Siebel executive Chuck Ganapathi.
1 min read · 12 December 2016
1 min read · 08 December 2016
Parker Barrile, a serial tech operator and angel investor, has joined Norwest Venture Partners as a partner. Barrile will focus on marketplaces, fitness, fintech and mobile sectors as a venture investor on Norwest's consumer Internet investment team, according to a Medium blog post by Managing Partner Jeff Crowe. Barrile has been an adviser and an investor at various startups in the past two years, including with Medallia, Thumbtack, Doximity, NerdWallet and Procore. Before that, he held various senior product positions at LinkedIn and Prosper.
1 min read · 08 December 2016
San Francisco-based Vida Health , which provides a mobile platform to help consumers improve their health and manage chronic conditions, announced it has raised $18 million in a Series B round of funding led by Canvas Ventures. Other investors include Nokia Growth Partners and returning investor Aspect Ventures. The company has now raised $28 million in total funding. As part of the latest financing, Canvas Partner Rebecca Lynn has joined the board.
1 min read · 08 December 2016
Wing Venture Capital, led by co-founding partners Gaurav Garg and Peter Wagner, announced in a blog post it has raised $250 million for its second fund. The pool, dubbed Wing Two, is more than twice the size of its inaugural $111 million fund raised more than three years ago. LPs include universities and private foundations, the firm said.
1 min read · 07 December 2016
1 min read · 06 December 2016
2 min read · 02 December 2016
1 min read · 02 December 2016
