Balderton Capital has raised $145 million for a new fund that will buy equity stakes from early shareholders in European tech startups. Daniel Waterhouse, a partner at Balderton, will lead the new fund.
5 min read · 03 October 2018
New York City-based Foursquare, a location platform, has raised $25 million in a targeted $33 million Series F funding round, according to a blog post. The target Simon Ventures, Naver Corp. and Union Square Ventures led the round.
1 min read · 03 October 2018
New York City-based Heed, a consumer platform for the sports and entertainment experience, has raised $35 million in funding. SoftBank Group International led the round.
1 min read · 03 October 2018
Mountain View, California-based Upwork Inc, a freelance workers’ marketplace, has debuted its IPO after pricing its over 12 million shares at $15 per share. The stock began trading October 3, 2018 on the NASDAQ under the ticker symbol “UPWK." Citigroup Global Markets Inc, Jefferies LLC and RBC Capital Markets LLC are the lead underwriters. Upwork’s pre-IPO backers include T. Rowe Price, Sigma Partners, Benchmark, Globespan Capital Partners, Stripes Group, New Enterprise Associates, FirstMark and Jackson Square Ventures, according to Crunchbase.
2 min read · 03 October 2018
Palo Alto Networks has agreed to acquire RedLock Inc, a cybersecurity company, for about $173 million. RedLock's backers included Sierra Ventures, Storm Ventures and Dell Technologies Capital.
3 min read · 03 October 2018
San Francisco-based Talkdesk, a contact center as a service provider, has raised $100 million in Series B funding. Viking Global Investors led the round with participation from return backer DFJ.
1 min read · 03 October 2018
Adams Street Partners has raised $426 million for its second early-stage venture fund. The investors included institutional public and corporate pension plans, high-net worth individuals, family offices and endowments.
2 min read · 03 October 2018
Sunnyvale, California-based CloudKnox Security, a cloud security platform, has raised $10.75 million in funding. ClearSky Security led the round with participation from Dell Technologies Capital and Foundation Capital.
1 min read · 03 October 2018
Israel and New York City-based Hysolate, a cybersecurity startup, has raised $18 million in Series B funding. Bessemer Venture Partners and Innovation Endeavors led the round with participation from other investors that included NGP Capital.
1 min read · 03 October 2018
Cottonwood Venture Partners has closed its debut fund at $32 million. Vinson & Elkins LLP served as fund formation counsel to CVP. Based in Houston, CVP invests in companies that provide digital solutions for the oil and gas industry.
2 min read · 03 October 2018