High-end furniture reseller Chairish has raised a $3.2 million seed round from Azure Capital Partners and O’Reilly AlphaTech Ventures (OATV). As part of the funding, Mike Kwatinetz from Azure and Mark Jacobsen from OATV have joined the board. The company was launched in February.
3 min read · 18 July 2013
The mobile app developer Swell has raised $5.4 million in Series A funding led by Draper Fisher Jurvetson and including Google Ventures, InterWest Partners, Correlation Ventures and Draper Nexus Ventures. The Palo Alto, Calif.-based company previously raised $1.8M in seed funding from Google Ventures, Charles River Ventures, DFJ, Andreessen Horowitz, Inspovation Ventures and individual investors.
2 min read · 18 July 2013
Venture-backed Veeva Systems quietly filed registration papers for its IPO this week, as has been rumored.
2 min read · 11 July 2013
Exitround, a site for seed-funded companies to find potential acquirers, announced today it has culled together an industry council. The site, which was launched in March, also announced its stats after four months of operation, including the fact that more than 200 potential acquirers have been drawn to the site.
2 min read · 09 July 2013
VCJ's July issue cover story by Mark Boslet looks at how hardware and VCs are in love with the new generation of devices.
3 min read · 01 July 2013
3 min read · 01 July 2013
Replicon Inc., which provides cloud-based timesheet software to track employee time and expenses, announced it has raised US$20 million in Series A funding led by U.S. venture capital firms Emergence Capital Partners and The Social+Capital Partnership. The company, which has offices in Calgary, Alberta, and San Mateo, Calif., was founded in 1996. Replicon will use the new funds to support growth, with a focus on continued development of its direct sales channel, and extending its reach into Europe and APAC.
4 min read · 28 June 2013
Rent the Runway, which provides rentals of designer clothes, has acquired VC-backed Go try It On, which operates a mobile app for users to share photos and solicit feedback on the clothes they wear. Financial terms of the deal were not disclosed. Go Try It On had raised about $3 million in funding from Index Ventures and other investors.
2 min read · 25 June 2013
Corporate health and wellness startup Keas quietly announced today that it has raised $8 million in additional funding from Ignition Partners and Atlas Venture. The San Francisco-based company, which helps corporations promote healthy behavior among its employees, had previously raised about $18 million in venture funding, since the company was founded in 2009. Keas is part of a new wave of next-generation corporate wellness systems that leverage social media and game mechanics to get employees motivated about improving their health.
5 min read · 25 June 2013
Greylock Partners announced today on its blog that Jerry Chen, formerly with VMware, has joined the firm as partner. Chen was most recently vice president of product management and product marketing at VMware, which he joined nearly 10 years ago. Prior to that, he was an associate at Accel Partners.
2 min read · 25 June 2013
