2 min read · 01 November 2016
San Francisco-based AirPR, which provides data analytics and solutions for the PR industry, has raised $5 million in a Series B round of funding led by Storm Ventures. New investor Salesforce Ventures also joined the round, which included Mohr Davidow Venture, Correlation Ventures. 500 Startups founder Dave McClure and WordPress founder Matt Mullenweg. The company, founded in 2011, has now raised $10 million in total funding. As part of the latest round, Tae Hea Nahm, co-founding managing director at Storm Ventures, has joined the board.
1 min read · 01 November 2016
San Bruno, California-based Freshdesk, a provider of cloud-based customer engagement software, announced a $55 million Series F round of funding. Sequoia Capital India led the round and was joined by existing investor Accel Partners. The company, founded in 2010, has now raised $149 million in total funding.
1 min read · 01 November 2016
3 min read · 31 October 2016
3 min read · 31 October 2016
New Enterprise Associates announced that Mohamad Makhzoumi and Chetan Puttagunta have each been promoted to general partner. NEA also named Partner Carmen Chang, who leads the firm’s China operations, as Chairman and Head, Asia. Additionally, two members of the firm’s portfolio services team were promoted. Albert Lee was named Design Partner and Holly Rose Faith was promoted to Talent Partner.
1 min read · 27 October 2016
1 min read · 27 October 2016
Ignition Partners, which last year raised $200 million for its sixth fund to invest in early-stage enterprise software, announced that Bob Kelly has joined as a managing partner in the firm’s Bellevue, Washington, office. Kelly had been with Microsoft for 20 years, most recently serving as corporate vice president in charge of M&A strategy and business development. When he begins working at Ignition on Jan. 1, he will become the fourth investment partner at the firm, alongside Managing Partners Frank Artale, John Connors and Nick Sturiale. Artale and Connors are both former executives at Microsoft.
1 min read · 27 October 2016
Intel Capital announced during its Global Summit in San Diego that it will expand its Diversity Fund to also include U.S.-based entrepreneurs from the LGBTQ community, entrepreneurs living with disabilities and military veterans. The $125 million fund was launched in mid-2015 to focus on startups led by women and underrepresented minorities.
1 min read · 27 October 2016
San Francisco-based Eaze, a provider of medicinal marijuana delivery services, announced it has raised $13 million in a Series B round of funding. The round was led by Fresh VC, an early-stage micro VC fund started by Shri Ganeshram (founder of FlightCar) and Brian Sheng (formerly with China's Shenzen Capital Group. Also participating in the round are DCM Ventures, Tusk Ventures, Winklevoss Capital, Rose Capital and others. The company, founded in 2014, has now raised $25 million in funding.deal
1 min read · 24 October 2016
