AltspaceVR, a Redwood City, Calif.-based provider of a social platform for virtual reality, announced it has raised $10.3 million in funding from returning investors Tencent, Dolby Family Ventures, Raine Ventures, Lux Capital, Western Technology Investments, Maven Ventures, Promus Ventures, Streamlined Ventures and Rothenberg Ventures, along with new investor Comcast Ventures. The company last raised a $5.2 million seed round and said it has now raised $15.7 million in total funding.
2 min read · 29 July 2015
Chicago-based G2 Crowd, a provider of a business software review platform, announced that it has raised $7 million in Series A funding. Pritzker Group Venture Capital led the round, which included existing investors Chicago Ventures, Hyde Park Venture Partners and individual investors, including G2 Crowd co-founder and Chairman Godard Abel, Thomas Lehrman and Scott Dorsey (former ExactTarget co-founder/CEO).
4 min read · 29 July 2015
Expensify, a provider of expense reporting solutions backed by OpenView Venture Partners, Redpoint Ventures and others, has launched a venture capital unit called Expensify Ventures. The strategic venture outfit will back early-stage companies in fintech, expense management and travel booking. Support for investments is coming from an undisclosed Series C round of funding that the San Francisco-based company raised earlier this year. Expensify Ventures has disclosed its first investment, having backed Piper, a provider of digital receipt solutions.
4 min read · 28 July 2015
San Francisco-based Domino Data Lab announced on its blog that it has raised a Series A round of funding led by Zetta Venture Partners with participation from Bloomberg Beta and In-Q-Tel. The amount of the round is undisclosed. The company, which provides a platform-as-a-service for data scientists, previously raised $100,000 in angel funding.
1 min read · 28 July 2015
Yozio, an Oakland-based company that provides mobile analytics and other marketing services to help companies grow their mobile app users, has raised a $7 million Series A round of funding led by Foundation Capital. Also participating in the round are Illuminate Ventures, Webb Investment Network, AME Cloud Ventures and other investors. Yozio previously raised $1.6 million in seed funding. As part of the financing, Ashu Garg, general partner at Foundation Capital, has joined the board.
4 min read · 28 July 2015
M&A deals fall in quarter despite LinkedIn’s purchase of Lynda.com pushing the combined value above $4 billion
3 min read · 26 July 2015
3 min read · 23 July 2015
DCM Ventures announced it has raised $100 million for its second Android fund, A-Fund II, to make early-stage bets on apps and technology related to Google's Android operating system. The firm's first Andoird-focused fund, raised in 2011, has backed Augmedix, Freee, KakaoTalk, Kuaishou, Life360, Playstudios, Eaze and Yik Yak, among others. Investors in the fund include returning limited partners Tencent, Naver and Gree, as well as new LPS SoftBank Group, Baidu and Qualcomm.
3 min read · 22 July 2015
Paris-based Mirakl, a provider of an online marketplace platform, announced it has raised a $20 million Series B round of funding led by 83North, the firm formerly known as Greylock IL. Felix Capital’s Frederic Court and Dave Strohm, a partner at Greylock and a founding investor and advisor to 83North, also participated in the round.
3 min read · 22 July 2015
General Catalyst has promoted Niko Bonatsos from principal to venture partner. On his bio page, Bonatsos said he has been involved with such portfolio companies as Chatous/Kiwi, ClassDojo, FlightCar, Livongo Health, Listia, PumpUp, Pushbullet, RealtyShares and Snapchat.
1 min read · 21 July 2015
