Mark R. Templeton, the managing director of venture firm Scientific Ventures, died on July 17, 2016, in a boating accident. He was 57. Templeton was the former president and co-founder of Artisan Components.
2 min read · 22 July 2016
Auburn, California-based storage startup Kazan Networks has raised $4.5 million in Series A funding. Samsung Ventures led the round with participation from Intel Capital and Western Digital Corp.
1 min read · 21 July 2016
San Francisco-based PagerDuty, a provider of incident management solutions, has named Jennifer Tejada as CEO. Previously, she was the president and CEO of Keynote Systems. PagerDuty’s backers include Andreessen Horowitz, Bessemer Venture Partners, Baseline Ventures and Ignition Partners.
5 min read · 21 July 2016
True Ventures is seeking to raise $175 million for its second select fund, according to an SEC filing. Previously, the Silicon Valley venture firm targeted the same amount for its initial select fund.
1 min read · 21 July 2016
Seattle-based Impinj Inc, a provider of solutions for identifying, locating and authenticating everyday items, has debuted its IPO after pricing its 4.8 million shares at $14 per share. The stock began trading July 21, 2016 on the NASDAQ under the ticker symbol "PI." RBC Capital Markets, Pacific Crest Securities and Piper Jaffray are serving as lead underwriters. Impinj’s backers included ARCH Venture Partners, Intel Capital, Polaris Partners, Madrona Venture Group and GF Private Equity.
2 min read · 21 July 2016
Redis Labs, an open source home and commercial provider for database Redis, has secured $14 million in Series C funding. Bain Capital Ventures and Carmel Ventures led the round.
1 min read · 21 July 2016
Chicago-based business lender LQD Business Finance has closed a Series A funding round led by Fintech Ventures Fund. No financial terms were disclosed.
1 min read · 21 July 2016
San Jose, California-based Robin Systems, a container-based virtualization platform software company, has added Don Listwin to its board of directors. Listwin is a former CEO of Sana Security and Openwave. Robin's backers include Clear Ventures, DN Capital, SAP's Hasso Plattner Ventures and USAA.
2 min read · 21 July 2016
Flexe, an online marketplace for warehouse space, has raised $14.25 million in Series A funding. Redpoint Ventures led the round.
1 min read · 21 July 2016
Boston-based Indigo, which is focused on "harnessing nature to help farmers sustainably feed the planet," has secured $100 million in Series C funding. Alaska Permanent Fund led the round with participation from other investors that included Flagship Ventures.
1 min read · 21 July 2016
