Palo Alto, California-based Owl, developer of an automobile security camera, announced its launch along with $18 million in funding, including Series A, seed and debt financing. Investors include Defy, which led the Series A, Khosla Ventures, Menlo Ventures, Sherpa Capital, Moment Ventures, Maniv Mobility and CSAA Insurance Group. The funding announcement coincides with the company's launch of the Owl Car Cam, an LTE-connected security camera for cars.
1 min read · 01 February 2018
Storm Ventures has added Paul Willard as a partner, according to a Medium blog post from C0-Founder and Managing Director Ryan Floyd. Willard most recently was one of two partners of Subtraction Capital, a $20 million fund he launched with Jason Portnoy in 2013. Before Subtraction, Willard was CMO of health records management company Practice Fusion and software developer Atlassian.
1 min read · 01 February 2018
San Francisco-based H. Barton Asset Management is seeking to raise $250 million for H. Barton Venture Select III, according to a regulatory filing. The firm invests alongside other VCs in startups, such as drone company Krespy, delivery network Roadie and cloud company Instart Logic, among others. The firm is led by Founder and Managing Director Harris Barton, a former offensive lineman and a three-time Super Bowl champion with the San Francisco 49ers.
1 min read · 31 January 2018
San Francisco-based big data company Trifacta announced it has raised $48 million in new funding from strategic investors, including Google, New York Life, Deutsche Börse, Ericsson and Columbia Pacific. Existing investors Accel, Greylock Partners, Cathay Innovation, Ignition Partners and Ridge Ventures also participated. The company, founded in 2012, has now raised $124 million in total funding.
1 min read · 31 January 2018
3 min read · 29 January 2018
4 min read · 26 January 2018
2 min read · 26 January 2018
Palo Alto, California-based Gfycat, provider of user-generated GIF platform, announced it has acquired venture-backed MovieLaLa, which operates a social media app for movie fans. Terms of the deal were not disclosed. San Francisco-based MovieLala, co-founded by Dana Loberg, had raised more than $2 million in funding from individuals in the movie entertainment and tech industries. Seed backers included Marc Benioff, founder, chairman and CEO of Salesforce; Allen DeBevoise, chairman, CEO and co-founder of Machinima, a provider of a worldwide video entertainment network; Jim Moloshok, a former executive at HBO and Warner Bros; and, among others, Wealthfront CEO and President Adam Nash.
1 min read · 25 January 2018
Boston-based Allure Security, which focuses on data loss detection and response, has raised $5.3 million in seed funding. Glasswing Ventures led the round. Also participating in the round are Greycroft, Zetta Venture Partners and Portage Partners. As part of the funding, Glasswing Ventures Managing Partner Rick Grinnell has joined the board.
1 min read · 25 January 2018
New York-based Timescale, an open source database company, announced it has raised $12.4 million in a Series A round of funding. Benchmark led the round, which included participation from New Enterprise Associates, Two Sigma Ventures and several angels. The company, which previously raised an unannounced $3.7 million seed-stage round led by NEA, has now raised more than $16 million in total equity. As part of the Series A, Peter Fenton has joined the board, which includes Forest Baskett of NEA and co-founders Ajay Kulkarni and Mike Freedman.
1 min read · 24 January 2018