Minted, which provides a marketplace for graphic design and content, has raised $38 million in a Series D round of funding. Norwest Venture Partners led the round and was joined by Technology Crossover Ventures. San Francisco-based Minted has now raised more than $90 million in total funding. Previous investors include Benchmark Capital, IDG Ventures, Menlo Ventures, Eventbrite co-founders Kevin and Julia Hartz, Yahoo CEO Marissa Mayer, Reddit CEO Yishan Wong, and Yelp co-founder and CEO Jeremy Stoppelman, among others.
3 min read · 30 October 2014
San Diego-based SingldOut.com announced it has raised $600,000 in seed funding from undisclosed investors. The startup, founded by two female execs, uses DNA analysis to determine if a potential date has the "chances for long-term chemistry, greater compatibility and overall relationship success."
3 min read · 28 October 2014
Mayfield Fund has led a $7 million Series A funding round of BigPanda, which provides incident management for IT operations. Also participating in the round is Sequoia Capital, which previously led a $1.5 million seed-stage funding in the Mountain View, Calif.-based company. Shmil Levy, general partner at Sequoia Capital, was already on the board from the seed round. As a result of the Series A, Robin Vasan, managing director at Mayfield, has joined the board.
3 min read · 28 October 2014
Canadian early-stage venture capital firm Version One Ventures has closed its second fund with $35 million in commitments, exceeding the $30 million target, said Boris Wertz, founding partner. Northleaf Venture Catalyst Fund and BDC Capital are anchoring the new fund and were joined by existing investors from Fund I.
2 min read · 23 October 2014
Version One Ventures has closed its second fund with $35 million in commitments, exceeding the $30 million target, said Boris Wertz, founding partner.
1 min read · 23 October 2014
The City by the Bay has become a hotbed of venture activity, with more than 420 San Francisco-based startups pulling in nearly $9 billion in funding as of mid-October.
3 min read · 23 October 2014
Norwest Venture Partners announced that it has hired Sean Jacobsohn as principal. Jacobsohn was previously a venture partner at Emergence Capital Partners, which he joined in 2012. At Norwest, he will continue to focus on early and late-stage enterprise companies, including SaaS, healthcare IT, mobile business applications, and B2B marketplaces.
5 min read · 23 October 2014
The City by the Bay has become a hotbed of venture activity, with more than 420 San Francisco-based startups pulling in nearly $9 billion in funding as of mid-October.
3 min read · 23 October 2014
New Enterprise Associates announced this morning that Jon Sakoda has been promoted to general partner. Sakoda, who works out of the firm's Menlo Park, California-based office, joined the firm in 2006 and has served as co-manager of NEA's seed investment program. He focuses on software-as-a-service, infrastructure software, and big data, while serving as a director on Blue Jeans Network, DataVisor, Desire2Learn, Hearsay Social and Opower, among others.
2 min read · 22 October 2014
Digital health company Telcare raised $32.5 million in a round led by Norwest Venture Partners to develop a glucose-monitoring system for people with diabetes.
1 min read · 21 October 2014