The firm invested a combined $777 million in 117 companies, including Uber Technologies, Magic Leap and Snapchat, among others.
2 min read · 30 January 2015
Cargomatic, which provides a shipment matching technology to connect truck drivers with those who need to move freight, has raised $8 million in Series A funding. Canaan Partners led the round and was joined by Volvo Group Venture Capital, Rob Estes of Estes Express, Morado Venture Partners, SV Angel, Sherpa Ventures, Winklevoss Capital, Structure Capital, Nicolas Berggruen, Scott Banister, Fritz Lanman and Hank Vigil. The Venice, Calif.-based company had raised $2.6 million last June.
1 min read · 30 January 2015
Mountain View, Calif.-based UserTesting, a provider of a user testing experience platform, has raised $45.5 Million in Series C funding. Accel Partners led the round, with participation from OpenView Venture Partners. As part of the funding, Kobie Fuller, who's listed on LinkedIn as a principal at Accel, is joining the board.
4 min read · 28 January 2015
DFJ announced on Tuesday that Seattle-based Bryan Hale has re-joined the firm as an Executive-in-Residence. DFJ Partner Bill Bryant wrote in a blog post on Medium that Hale was previously an investment professional with DFJ before joining CHEF Software, a DFJ-backed company, in 2009. Bryant wrote that Hale will work with the firm's existing portfolio companie and "work on his own startup, or possibly joining a nascent company as a near founder."
1 min read · 28 January 2015
Scout, which offers a cloud-based solution for filling out requests for proposals, has raised $2.75 million in seed funding. New Enterprise Associates led the funding, with participation from Google Ventures, Zapis Capital and angel investors, including Techammer and Tim O'Shaughnessy. As part of the seed funding, Chetan Puttagunta, a partner at NEA, has joined the board of the Cleveland,Ohio-based company.
3 min read · 27 January 2015
Northzone, a Scandinavian investor that has backed Spotify and last month announced the close of a $325 million fund, has led a $2.8 million financing in Fuse. The startup, which has offices in Oslo, Norway, and Palo Alto, Calif., is developing a mobile app development platform that is expected to launch later in the quarter. The company was operating in stealth mode. The latest round brings the company's total funding raised to $7 million.
3 min read · 27 January 2015
Crossover Health, which provides on-site health care for large employers, announced it has raised $15 million in funding from Norwest Venture Partners. As part of the investment, Norwest Partners Ryan Harris and Casper de Clercq are joining the board.
4 min read · 27 January 2015
The firm, which is raising two new funds, invested a combined $777 million in 117 companies, including messaging app Snapchat
2 min read · 23 January 2015
Yahoo also makes another purchase in the month, to end the year with 11 disclosed acquisitions of venture-backed startups
2 min read · 23 January 2015
Mobile investor Eniac Ventures said it has raised $55 million for its third fund, just 16 months after it closed Fund II with $12 million in commitments. The firm, which has offices in New York and San Francisco, said the fund was oversubscribed and that it also turned down some $20 million in interest from potential LPs. Eniac investments have included the ad targeting company TapCommerce, which Twitter acquired last year for $100 million.
5 min read · 23 January 2015
