Talend SA secured $34 million in financing. Silver Lake Sumeru led the round. Existing investors Balderton Capital and IDInvest Partners also participated in the financing. In addition, Talend acquired Sopera, which provides open source SOA and middleware platforms. Talend is an open-source data management software company based in France.
5 min read · 10 November 2010
Third Rock Ventures LLC hired Robert Kamen as an entrepreneur-in-residence. Kamen is a consultant to the biotechnology and pharmaceutical industries. Third Rock is a Boston, Mass.-based venture capital firm focused on building life sciences companies.
3 min read · 10 November 2010
Panorama Capital promoted Shankar Chandran to partner. The Menlo Park, Calif.-based venture capital firm also promoted Gaurav Aggarwal to partner. Both Shankar and Aggarwal have been principals with the firm since it was founded in 2005.
3 min read · 10 November 2010
Open English of Miami holds final close of its $6 million Series A financing round. Flybridge Capital Partners participated in the round. Jon Karlen, a general partner at the Boston, Mass-based firm will join Open English’s board.
3 min read · 10 November 2010
SenseLogix, a provider of retrofit energy reduction products, has raised 1 million pounds ($1.6 million) in a Series A round led by venture firms Beringea and North Star Equity Investment Partners. The Welsh Assembly Government also participated in the financing. The new financing will be used for growth and technology development. SenseLogix is based in Conwy, North Wales.
4 min read · 09 November 2010
Personal genetics company 23andMe has raised $22 million in a third round of venture capital financing. New investor Johnson & Johnson Development Corporation contributed, as did existing investors New Enterprise Associates and Google Ventures. Formed in 2006, Mountain View, Calif.-based 23andMe was co-founded Anne Wojcicki, the wife of Google founder Sergey Brin. The company provides genetic information services by analyzing customers’ DNA. The new financing is designed to help the company expand its research and development.
2 min read · 09 November 2010
Gluster, a provider of open source, software-based data storage products, has raised $8.5 million in Series B financing. Index Ventures led the round, which included participation from existing investor Nexus Venture Partners. With the new financing, Gluster aims to expand its sales, marketing and support staff, as well as develop new partnerships. Gluster is based in Milpitas, Calif.
4 min read · 09 November 2010
Subscription billing service provider Zuora has raised $20 million in a Series C round led by Redpoint Ventures. Existing investors Benchmark Capital, Marc Benioff, Shasta Ventures and Tenaya Capital also participated in the round. The new financing will help the company expand its operations in the U.S. and abroad, and to expand its industry-specific billing products. Redwood, Calif.-based Zuora has raised a total of $41.5 million from investors.
5 min read · 09 November 2010
Dubai-based private equity firm Abraaj Capital will invest $28 million across five startups based in Egypt, Kuwait and Jordan, Reuters reported. The investments come from the firm’s $500 million Riyada Enterprise Development fund, which invests across multiple sectors including healthcare and agriculture. The firm expects to close an additional 10 investment before the end of the year, Reuters said.
1 min read · 09 November 2010
Movieclips.com, which operates a searchable online collection of licensed Hollywood movie scenes, has raised $3 million in a first round of venture capital financing. Menlo Park, Calif.-based Shasta Ventures and New York-based First Round Capital invested in the round, and were joined by a pack of well-known angel investors including Jeff Clavier and Naval Ravikant. The company will use the money to expand its technology. Shasta Ventures’ Tod Francis will join the company’s board of directors as a result of the financing.
4 min read · 09 November 2010
