Mark Boslet

Rani Therapeutics Raises Series B From Google Ventures, InCube, VentureHealth

Rani Therapeutics said it raised a Series B round led by Google Ventures and joined by InCube Ventures and VentureHealth. No financial details were provided.

peHUB Second Opinion 8.26

And now for the big news of the day. Let's start with this: Tesla's new Model S outsells models from other luxury brands in California during the first half of the year, including Porsche, Volvo, Jaguar and Land Rover.

RingCentral Files For IPO

RingCentral, Inc. said it filed for an IPO. The company's S-1 registration statement says the number of shares to be offered and their price range have yet to be released publicly. Its backers include Sequoia Capital, Khosla Ventures, Scale Venture Partners, Cisco Systems, DAG Ventures and Hermes Growth Partners.

Parse.ly Raises $5M From Blumberg, Grotech, ff Venture, FundersClub

Parse.ly said it raised $5 million of Series A funding in a deal led by Grotech Ventures and joined by Blumberg Capital, ff Venture Capital, and FundersClub. The company is developing content analysis and optimization technology.

Fund performance: Mid-decade portfolio shows mixed progress at UC

Two-thirds of the UC’s venture portfolio, with vintages from 2003 to 2006, have above-zero IRRs.

peHUB Second Opinion 8.23

No shortage of big news today. Let's start with the biggest: Microsoft chief of 13 years Steve Ballmer announced he would depart within 12 months, all but acknowledging the company's waning influence in a post PC world.

Uber Raises New Round Of About $360M

According to a filing in Delaware state court, first reported by All Things D, and confirmed by several media reports, Uber, the local on-demand transport company, has raised more than $360 million from TPG Capital, Benchmark Capital and Google Ventures.

RealScout Raises $1.1M From DCM, Formation 8, DeLeon

RealScout said it raised a $1.1 million seed round from DCM, Formation 8 and angel Ken DeLeon. The company is developing an online platform to enable realtors to collaborate with their clients.

Better News From Private Equity LPs

Competing against a rising tide of public equities is tough. But private equity LPs aren’t dismayed by the performance they are seeing. The majority feels the performance of investments has met or exceeded expectations.

Taggo Raises Series A Funding From Jungle, Spring Seeds

Taggo Pte Ltd said it raised Series A funding from Jungle Ventures and SPRING SEEDS Capital. No financial details were provided.