Len Jordan, managing director of Madrona Venture Group (formerly with Frazier Technology Ventures) and Steven Vassallo, general partner of Foundation Capital, have resigned from Control4's board. Both resignations will be effective as of April 28, 2015, which is the current date for Control4's 2015 annual shareholders meeting. Frazier Technology first backed Control4 in June 2004 while Foundation made its first investment in July 2005. Based in Salt Lake City, Control4 is a provider of residential and commercial automation systems.
2 min read · 27 February 2015
Finistere Ventures has raised $150 million in the first close of its agricultural tech fund. Finistere Ventures FVII Fund's founding partners include AVAC Ltd and Bayer CropScience. Verdex Capital will oversee the fund's Canadian arm in partnership with Finistere Ventures.
4 min read · 27 February 2015
San Ramon, California-based Accela, a provider of civic engagement solutions for governments, has raised $143.5 in funding, the company announced in a statement.
1 min read · 27 February 2015
Twenty20, a provider of crowdsourced real-world images, has raised $8 million in Series A funding. Canaan Partners led the round with participation from First Round Capital, Bullpen Capital and VersionOne Ventures.
3 min read · 26 February 2015
San Mateo, California-based analytic solutions provider Coolan has secured an undisclosed amount of seed funding, the company announced in a blog post on its site. The investors were Social + Capital, North Bridge Venture Partners and Keshif Ventures. To read the post, visit here.
1 min read · 26 February 2015
RAY Company has received undisclosed funding from BRV Lotus, the Asia fund of BlueRun Ventures. A former subsidiary of Samsung Electronics, RAY is a producer of imaging systems for the medical and dental sectors.
3 min read · 26 February 2015
Palo Alto, California-based mobile linking platform Branch Metrics has raised $15 million in Series A funding. New Enterprise Associates and Ben Narasin led the round with participation from Pejman Mar Ventures, Zach Coelius, Cowboy Ventures and TriplePoint Capital.
4 min read · 26 February 2015
Chandler, Arizona-based Emailage, a provider of fraud prevention solutions, has secured $3.8 million in funding. Felicis Ventures led the round with participation from Double M Partners and Mucker Capital.
3 min read · 26 February 2015
New York City-based mapping platform Citymaps has received $6 million in funding. The investors included Nokia Growth Partners, Coatue Management and Acadia Woods LLC. Also, Citymaps has appointed Paul Asel, managing partner at Nokia Growth Partners, to its board of directors.
3 min read · 26 February 2015
San Francisco-based Opendoor, an online home-selling service, has secured $20 million in funding. GGV Capital led the round with participation from Khosla Ventures. In conjunction with the funding, Glenn Solomon, a managing partner at GGV Capital, has been added to Opendoor's board of directors.
3 min read · 26 February 2015
