San Francisco-based Foundersuite.com, a provider of SaaS tools to help entrepreneurs with fundraising and other business tasks, announced it has raised $935,000 in seed-stage funding led by ff Venture Capital. Joining ffVC in the round are Small Ventures, Foley Ventures and a number of individual investors, including Catherine Chang, Brad Bao, Will Bunker, Steve Bennet, Santosh Jayaram, Philip Lo, Darren Wilson and others.
1 min read · 02 October 2015
Through the end of July, VCJ reports that 54 VC-backed companies have gone public on the NYSE or Nasdaq exchanges
2 min read · 01 October 2015
Los Angeles-based seed-stage investor TenOneTen has raised $13.18 million of a targeted $20 million fund, according to a regulatory filing. The firm, named after the 10 and 110 freeways in Los Angeles, had initially set out to raise $25 million when it began raising the fund last year, according to a previous regulatory filing.
1 min read · 30 September 2015
San Mateo, Calif.-based Stormpath, a provider of secure customer identity API technology, announced it has raised $15 million in Series B round. Scale Venture Partners led the round, which included previous investors New Enterprise Associates and Pelion Venture Partners. The company has now raised about $25 million in total funding, including an $8.2 million Series A round in early 2013. As part of the latest round, Andy Vitus, a partner at Scale Venture Partners, has joined the board.
1 min read · 30 September 2015
San Francisco-based Credible, which operates a platform for borrowing and refinancing student loans, raised a $10 million Series A round of funding led by Soul Htite, founder and CEO of Dianrong.com and co-founder of LendingClub. Ron Suber, president of Prosper, also participated in the round, along with peer-to-peer lending investor Scott Langmack. The company previously raised $2.7 million in seed funding from multiple investors and individuals, including Carthona Capital, Redbus Group, Mark Goines and Bruce Gibney.
2 min read · 30 September 2015
San Francisco-based Teridion announced it has raised a $15 million Series B round of financing led by JVP, Magma and Singtel Innov8. The company, which provides cloud-based networking services, has now raised $20 million in total funding. Jeff Karras, managing director at Singtel Innov8, has joined the board.
1 min read · 30 September 2015
London-based Eight Roads Ventures announced it has made a $17 million investment in retail data analytics provider more2. More2, based in London, was founded in 2002 and had not previously raised funding. Eight Roads, formerly known as Fidelity Growth Partners Europe, has now made five investments in as many months.
3 min read · 30 September 2015
San Francisco-based Thumbtack, which provides a marketplace service to help consumers hire local service professionals, announced it has raised $125 million in funding. The round was led by Baillie Gifford and included previous investors Tiger Global, Google Capital and Sequoia Capital. The funding values the company at more than $1.3 billion, according to the New York Times.
1 min read · 29 September 2015
San Francisco-based Skillz, a provider of a sports tournament mobile gaming platform, announced it has raised $15 million in Series B funding led by David Bonderman’s Wildcat Capital Management. Other investors include The Kraft Group (owner of the New England Patriots), Marc Lasry (co-owner of the Milwaukee Bucks), Sequoia Capital and other existing investors. The company has now raised $28 million in total funding. As part of the latest round, Drew Tarlow from Wildcat has joined the board.
3 min read · 24 September 2015
Sale of cyber security company lifts deal total to $2.4 billion for the month.
2 min read · 24 September 2015
