Austin, Texas-based Next Coast Ventures has added Jeff Browning, an experienced talent acquisition pro, as a venture partner. The firm said Browning will focus on helping portfolio companies with organizational design, talent acquisition and executive development.
1 min read · 23 January 2018
Los Angeles-based Esports One, operators of a sports engagement platform using data and analytics, announced it has raised $3 million in seed-stage funding. XSeed Capital and Eniac Ventures co-led the seed round, which included participation from Crest Capital.
1 min read · 23 January 2018
Mountain View, California-based Cumulus Networks, a provider of web-scale networking for enterprise cloud, has raised $43 million in funding. Telstra Ventures, the investment arm of the Australian telecom company, led the round. Existing investors Andreessen Horowitz, Battery Ventures and Sequoia Capital also participated. The company, founded in 2010, has now raised $129 million in total funding.
1 min read · 23 January 2018
San Francisco-based seed and Series A investor Day One Ventures came out of stealth and announced its launch. The firm would not disclose its fund size target, how much money it has raised or the identity of its LPs. But it said it has already made 14 investments, including Lvl5, which creates HD maps for self-driving cars; DigitalGenius, provider of machine learning technology for customer service; and Piper, an edtech company that manufactures a do-it-yourself computer kit for kids.
1 min read · 23 January 2018
Mountain View, California-based Dremio, which provides self-service data analytics, announced that the company has raised $25 million in a Series B round of funding. The round was led by new investor Norwest Venture Partners with participation from existing investors Lightspeed Venture Partners and Redpoint Ventures. Dremio, founded in 2015, has $40 million in total funding.
1 min read · 23 January 2018
3 min read · 22 January 2018
San Francisco-based Zipongo, which provides a digital nutritional and meal planning platform, announced that it has raised an $18 million Series B1 round led by Paris venture firm Seventure Partners and Zaffre Investments, the investment fund of Blue Cross Blue Shield of Massachusetts. Zipongo, which launched in 2014, has now raised more than $50 million in financing.
1 min read · 22 January 2018
San Francisco-based Array Ventures is seeking to raise $35 million for its sophomore fund, according to a regulatory filing. The fund is more than three times the size of its first fund, which raised about $10 million two years. Array is led by Managing Partner Shruti Gandhi, who previously was an investor with True Ventures and Samsung.
1 min read · 19 January 2018
Menlo Park, California-based early-stage investor Amplify Partners named Ted Stinson a venture partner. Stinson joined the firm in late 2016 as an executive-in-residence. Before that, he held various executive positions at as Symantec, Veritas, PernixData, Quantum and tCell.
1 min read · 19 January 2018
Palo Alto, California-based Sapphire Ventures announced it has promoted Anders Ranum, Kevin Diestel and Rajeev Dham each to partner, and Winter Mead to principal.
1 min read · 18 January 2018
