Alastair Goldfisher

Mirantis raises $100 mln in funding

Mirantis, which said it is eyeing an IPO in 2016, announced it has raised $100 million in Series B funding from Insight Venture Partners, August Capital and existing investors Intel Capital, WestSummit Capital Management, Ericsson, and Sapphire Ventures (formerly known as SAP Ventures). As part of the funding, Alex Crisses, managing director at Insight Venture Partners, has joined the company board. Mountain View, California-based Mirantis, which provides OpenStack cloud and open source application infrastructure, previously raised $20 million.

Illuminate boosts staff, adds advisors

Oakland-based Illuminate Ventures, which invests in early-stage cloud and mobile startups, announced that Ben Bayat has joined the firm as a senior associate. Bayat was previously head of west coast sales for IBM’s networking clients. In addition, Illuminate also added to its list of more than 40 advisors by naming Leyla Seka, senior vice president and GM of Desk.com at Salesforce, and Gerard Brossard, senior vice president and global head of business planning and operations for Visa, as the newest members of its Business Advisory Council.

Accel leads funding round of data visualization company Zoomdata

Zoomdata, which provides a platform to analyze data, announced the close of a $17 million Series B round of funding. New investor Accel Partners led the round, which included returning investors New Enterprise Associates, Columbus Nova Technology Partners, Razor’s Edge Ventures and B7. As part of the funding, Jake Flomenberg, general partner at Accel, has joined the board. Reston, Virginia-based Zoomdata has now raised $22.2 million in total funding.

Big data company GoodData raises $25.7 mln more, Intel leads

San Francisco-based GoodData closed a $25.7 million Series E round, as the big data company has now raised more than $100 million in total funding.

Tracking device maker Tile discloses funding

Tile, which makes a $20 bluetooth-powered device that can track keys, luggage and other items, disclosed it has raised $13 million in total venture funding. This includes a $9.5 million Series A round led by GGV Capital and a $3.5 million seed-stage round led by the large Chinese company Tencent. Tile disclosed the funding details as part of its announcement that it would expand its technology to work on Android phones. With the recent Series A round, Jeff Richards, managing partner of GGV, has joined the board.

Norwest promotes three

Norwest Venture Partners announced Dr. Robert Mittendorff and Sumer Juneja were each promoted from vice president to principal, while Lisa Wu was named vice president.

Robotics and hardware tech take center stage at PartnerConnect

Summer ends on high note for VC-backed stocks

The index of VC-backed stocks rises more than 43.5 points to end August at highest point since March

Dashboard: IPO proceeds pick up, although total debuts decline

Venture activity down across the board in August, but total IPO proceeds from VC-backed companies perks up after Mobileye debut

Battery maker Aquion Energy raises $24.6 mln

Pittsburgh-based Aquion Energy, which makes energy storage systems, has raised $24.6 million in new funding, according to a regulatory filing that says the total offering amount is $32.6 million. The Pittsburgh Post-Gazette reported on Monday that the funding round will fuel the company's operations through 2015. The regulatory filing didn't indicate what investors participated in the round. The company had previously raised about $110 million in debt and equity from Advanced Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and TriplePoint Capital.