Mountain View, Calif.-based Blue Jeans Network, a provider of cloud-based video collaboration services, has raised $76.5 million in new funding led by New Enterprise Associates. Joining the round are previous investors Accel Partners, Battery Ventures and Norwest Venture Partners, as well as new investors Glynn Capital, Quadrille Capital, and the former baseball player Derek Jeter, among others. The company has now raised $175 million in total funding.
5 min read · 23 September 2015
Celebrity investors Jared Leto, Ryan Seacrest, Jessica Alba and her husband Cash Warren are some of the few people and firms that invested $34 million in Venice, Calif.-based Headspace, which provides a meditation app and is looking to expand its content. The Chernin Group led the funding round, which included Advancit Capital, Allen & Company, Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures and William Morris Endeavor as well as various individual investors, including LinkedIn CEO Jeff Weiner. Headspace, which also has a London office, raised the funding from 31 investors, according to a regulatory filing.
1 min read · 18 September 2015
San Francisco-based Sun Basket, a new entrant in the bustling meal kit delivery service sector that includes many well-funded competitors, announced it has raised $4.5 million in its first institutional round of funding. PivotNorth Capital and Baseline Ventures co-led the round, which also includes Vulcan Capital, Roth Capital, The Florence Group, Rembrandt Ventures, Correlation Ventures, Relevance Capital, Lucas Venture Group and others, including a number of individual investors.
4 min read · 17 September 2015
San Francisco-based Envoy announced it has raised $3 million in seed funding from SoftTech VC, Lowercase Capital and others to provide what it calls "family concierge" service for seniors and family caregivers in 17 U.S. markets. Other investors in the seed-stage deal include ENIAC Ventures, Structure Capital, Technicolor Ventures and Vayner/RSE, In addition, individual investors include Douglas Feirstein (founder of LiveOps, Hired); Raj Gajwani, Fabrice Grinda and Jose Marin of FJ Labs; Edward Park (COO of Athenahealth); Gary Swart (former CEO of ODesk); and Tyler Willis. Stephanie Palmeri, a principal at SoftTech VC, has joined the board.
1 min read · 16 September 2015
San Francisco-based LearnUp, which operates a job training and placement platform, said it has raised an $8 million Series A round of funding co-led by New Enterprise Associates and Shasta Ventures. Greylock Partners, Floodgate and High Line Venture Partners also participated in the round.
1 min read · 16 September 2015
San Mateo, Calif.-based Lumity, a provider of a healthcare and benefits analysis platform, has raised a $14 million Series A round of funding led by The Social+Capital Partnership. True Ventures and Rock Health, which previously invested an undisclosed amount of seed funding in the company, also participated in the Series A round. As part of the funding, Mamoon Hamid, general partner at s23p, has joined the board.
4 min read · 16 September 2015
San Francisco-based Iron.io, a provider of cloud infrastructure services, has raised an $8 million Series A round of funding. Baseline Ventures led the round and was joined by fellow existing investors Bain Capital Ventures, Divergent Ventures, Ignition Partners and Cloud Capital Partners. The company previously raised $5.5 million in seed funding, including from individuals Jonathan Siegel, Matt Ocko, Jared Kopf and Lance White, among others.
3 min read · 16 September 2015
San Francisco-based Omada Health announced it has raised $48 million in a Series C round of funding led by Norwest Venture Partners. Also participating in the round are strategic investors Humana Inc and Providence Health & Services, as well as existing investors U.S. Venture Partners, Rock Health and Andreessen Horowitz and new investors GE Ventures and dRx Capital.
5 min read · 16 September 2015
Phil Libin, co-founder and former CEO of the note-taking service Evernote, has joined General Catalyst Partners as a general partner in its Palo Alto, Calif.-based office. Libin had stepped down from Evernote in July. General Catalyst is not an investor in the Redwood City, Calif.-based company.
1 min read · 16 September 2015
Canvas Venture Fund has added named Ben Narasin, a veteran seed-stage investor, its fifth general partner.
2 min read · 15 September 2015
