Gainsight, a provider of customer service management software, has raised a $9 million Series A round led by Battery Ventures. The company, formerly known as Jbara Software, uses big data analytics to monitor and predict customer behavior. Gainsight previously raised about $300,000 in seed-stage funding. As part of the Series A round, Roger Lee, a general partner at Battery Ventures, has joined the board. The company also named Nick Mehta as CEO.
3 min read · 17 April 2013
Mountain View, Calif.-based Instart Logic has emerged from stealth, announcing a $17 million Series B round. The funding brings the total amount raised by the company to $26 million, which the company is using to create a cloud-based solution to help mobile Web apps operate quicker. Investors include Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital, as well as individual investors from Silicon Valley.
4 min read · 17 April 2013
The RealReal, a San Francisco-based luxury resale site, has raised a $14 million Series B round led by InterWest Partners. The round also included existing investors Canaan Partners, e.ventures, Greycroft Partners, Novel TMT Ventures, Panarea Capital and individual investors Suzy Welch and Sukhinder Singh Cassidy.
3 min read · 16 April 2013
Sagar Pushpala, a former operating partner with Khosla Ventures, was tapped to take over TSI Semiconductors as CEO. TSI was formerly known as Telefunken Semiconductors.
3 min read · 15 April 2013
Medical Device company iRhythm Technologies has raised a $6 million Series D round led by Norwest Venture Partners. Existing investors New Leaf Ventures, Synergy Life Science Partners and Kaiser Permanente Ventures also participated.
4 min read · 10 April 2013
A seed stage funding report released today by the San Francisco-based law firm Silicon Legal Strategy shows that party rounds and acqui-hires are on the rise, helping to drive investors to seek more control when making seed deals by taking more board seats in equity rounds. On the debt side, investors are asking for more rights upon a sale of the company and are more frequently demanding side letters and other special rights, according to the report, called "Seed Financings: Three Years in Startup Land."
4 min read · 04 April 2013
Online marketplace provider Grand St. announced this week it raised a $1.3 million seed round that was led by First Round Capital. The funding included participation from individual investors David Tisch, Gary Vaynerchuk, as well as betaworks, Collaborative Fund, MESA+, Quotidian Ventures and Undercurrent.
3 min read · 03 April 2013
Haiku Deck, which makes an iPad app to make it simple to create and share presentations,announced it has raised $3 million in a Series A round. Trilogy Partnership led the round, which included participation from Madrona Venture Group, Founders Co-op and individual investors, including Sarah Leary (co-founder of Nextdoor). Haiku Deck had previously raised less than $1 million in seed funding.
3 min read · 03 April 2013
MuleSoft, which provides enterprises with a cloud-based platform to integrate its mobile and on-premise data and applications, has raised $37 million in new funding. New Enterprise Associates lead the round, with participation from Salesforce.com, as well as returning investors Hummer Winblad Venture Partners, Morgenthaler Ventures, Lightspeed Venture Partners, SAP Ventures and Bay Partners. The company has now raised about $81 million in capital since 2006.
4 min read · 03 April 2013
2 min read · 01 April 2013
