VeloCloud Networks announced today that it has raised $21 million in funding from New Enterprise Associates, Venrock and the incubator The Fabric. VeloCloud is a provider of cloud-based networking services and is based in Los Altos, Calif.
4 min read · 17 June 2014
VeloCloud Networks announced today that it has raised $21 million in funding from New Enterprise Associates, Venrock and the incubator The Fabric. VeloCloud is a provider of cloud-based networking services and is based in Los Altos, Calif.
4 min read · 17 June 2014
A total of 93 European companies raised about €189 million during the month
2 min read · 16 June 2014
VigLink, a data analytics company that provides online link sharing services, has raised $18 million in a Series C round that was led by RRE Ventures. Also taking part in the funding is existing investors Google Ventures, Emergence Capital, First Round Capital as well as Correlation Ventures and Silicon Valley Bank. The San Francisco-based company has now raised $26 million in total funding. As part of the Series C round, Eric Wiesen, a general partner of RRE, has joined the board.
3 min read · 13 June 2014
Weave, which provides telecom services to small and medium-sized businesses, has raised $5 million in Series A funding. A Capital, the early-stage firm newly launched by Ronny Conway, who left Andreessen Horowitz last year to raise a fund, led Weave's financing. Homebrew, Fuel Capital, SV Angel, Y Combinator and Initialized Capital also joined the round. Pleasant Grove, Utah-based Weave was launched with seed-stage funding from Y Combinator earlier this year.
3 min read · 11 June 2014
Big data security analytics company Exabeam has raised $10 million in a Series A round led by Norwest Venture Partners. Aspect Ventures and individual investor Shlomo Kramer also participated. The San Mateo, Calif.-based company has now raised $13 million in total funding, having previously raised $3 million from Kramer. As part of the Series A funding, Matt Howard of Norwest and Theresia Gouw of Aspect have joined the board.
4 min read · 10 June 2014
Uber deal highlights early investors; and Battery powers up with blog
4 min read · 09 June 2014
San Francisco-based Mesosphere announced it has raised $10 million in Series A funding from Andreessen Horowitz,with an additional $500,000 in funding from Data Collective and Fuel Capital. The company, which also has an office in Germany, provides an operating system for data centers to read the open source Apache Mesos. It previously raised $2.25 million from Andreessen Horowitz, Kleiner Perkins Caufield & Byers, Foundation Capital and SV Angel. The company was founded by former engineers from Twitter and AirBnB.
4 min read · 09 June 2014
Marissa Campise has left Venrock to join SoftBank Capital as a partner. Her move was initially reported by re/code on June 6 and tweeted by SoftBank Partner Joe Medved here. Campise's bio at SoftBank is available here. As previously reported by peHUB, Campise joined Venrock in 2011 from Greycroft Partners. Among the deals she was involved with while at Venrock included Klout, which was acquired by Lithium in March, and Burner, which raised $2 million in funding last year.
1 min read · 09 June 2014
San Francisco-based Gild, which uses predictive technology to provide career counseling services, has raised $13.5 million in Series B funding. The round was led by new investor Menlo Ventures and included Draper Nexus and existing investors Baseline Ventures, Globespan Capital Partners, SAP Ventures, Correlation Ventures and Mark Kvamme of Drive Capital. The company has now raised $27 million since it was launched in 2012.
4 min read · 04 June 2014