Healthcare records management company Practice Fusion, which is aiming to grow its healthcare platform, has raised a $70 million Series D round of funding led by Kleiner Perkins Caufield & Byers and institutional investors OrbiMed Advisors and Deerfield Management Co. Existing investors, including Artis Ventures, also participated in the round, which brings the total amount raised by the San Francisco-based company to $134 million. As part of the funding, Beth Seidenberg, general partner at Kleiner Perkins, has joined the company board.
7 min read · 24 September 2013
Big data analytics company C9 has raised a $12 million Series D round of funding, giving it $40 million in total funding. The San Mateo, Calif.-based company, formerly known as Cloud9 Analytics, raised the round from existing investors Mayfield Fund, InterWest Partners and Leapfrog Ventures. Separately, the company announced Michael Howard as its new CEO.
3 min read · 23 September 2013
Jordon Kong has joined Institutional Venture Partners as an associate, where she'll focus on later-stage IT deals with the digital media sector. Before she joined IVP, Kong worked within the Technology, Media, and Telecom investment banking group at Barclays.
2 min read · 19 September 2013
Lift Labs, which is developing a spoon and other devices to help people with tremors, has raised $1 million in seed funding from Rock Health and undisclosed angel investors in Silicon Valley. The San Francisco-based company had previously raised $800,000 from the National Institutes of Health.
4 min read · 18 September 2013
San Francisco-based PubNub announced it has raised an $11 million Series B round that was led by Scale Venture Partners. Existing investors Relay Ventures and TiE Angels also participated in the round. PubNub has now raised $15.5 million in total funding. As part of the investment, Andy Vitus, a partner at ScaleVP, has joined the board. The company provides a cloud infrastructure for apps to enable dashboards and streams, collaboration and 2nd screen synchronization on iOS, Android and other platforms.
3 min read · 17 September 2013
Cloud-based collaboration service provider Convo has raised $5 million in a Series A funding round from Morgenthaler Ventures. The San Francisco-based company, formerly known as Scyrbe, had previously raised seed funding from Adobe, LMKR and angel investors. As part of the Series A, Morgenthaler Managing Director Rebecca Lynn and Venture Partner Alex Nigg have joined the board. Morgenthaler said that its investment in Convo is the last new IT deal from its ninth fund.
3 min read · 16 September 2013
Twitter is finally going to IPO; Zuck dispenses advice to the microblogging service about what to do and what not to do.
2 min read · 12 September 2013
Morgenthaler Ventures today announced it closed its 10th fund with $175 million in commitments, exceeding its $150 million target, and will now go by the name Canvas Venture Fund to reflect its new focus on early stage tech deals.
2 min read · 12 September 2013
Management entity retains Morgenthaler name, but new fund is called Canvas Venture Fund to reflect firm’s focus on early stage tech deals
3 min read · 12 September 2013
Voxel, which launched Monday at TechCrunch Disrupt in San Francisco, has raised $1.6 million in seed funding from First Round Capital, Pinnacle Ventures, Sherpalo Ventures and individual investors Sanjay Jha (former Motorola CEO), David Limp (vice president of Kindle at Amazon) and Joyo Wijaya (co-founder of Tandem Ventures). The company was co-founded by Y Combinator alumni David Zhao and Russ d’Sa.
4 min read · 10 September 2013
