Elevation Partners related stories
All articles and analysis
NorCal Cannabis appoints PE veteran Albert to boardCalifornia-based NorCal Cannabis, a vertically integrated cannabis operator, has named Kevin Albert to its board of directors. Currently, Albert is a partner at Pantheon.
- Adaptive Studios snaps up $16.5 mln Series B
Culver City, California-based Adaptive Studios, an entertainment studio, has raised $16.5 million in Series B funding. The investors were AMC Networks and Atwater Capital.
- From the archive: Jim Davidson on the birth of Silver Lake
In the week that it cemented its position as the preeminent technology-focused private equity investor, we revisit a 2010 conversation with co-founder Jim Davidson charting the firm’s meteoric early rise.
- Personal storage startup Upthere grabs $77 mln
Redwood City, California-based Upthere, a personal storage startup, has $77 million in funding. KPCB and Western Digital led the round with participation from Elevation Partners, Floodgate, GV, NTT Docomo Ventures and Square 1 Bank.
Zuckerberg and other tech titans pour $50 mln into AsanaAsana, a maker of project management and collaboration software, announced that it has raised $50 million from a Who’s Who of Silicon Valley tech luminaries, including Facebook CEO Mark Zuckerberg. The Series C round values the San Francisco-based company at $600 million, up from a valuation of $280 million for its $28 million Series B in 2012, TechCrunch reported. To date, Asana has raised a total of $88.2 million, according to CrunchBase. The new round was led by Sam Altman, president of tech incubator Y Combinator. In addition to Zuckerberg, other participants included Asana’s founders, Facebook co-founder Dustin Moskovitz and early Facebook employee Justin Rosenstein; 8VC, a VC firm led by Palantir co-founder Joe Lonsdale; Aditya Agarwal and Ruchi Sanghvi, VP and former VP of Dropbox; Priscilla Chan, CEO of The Primary School; Adam D’Angelo, CEO of Quora; Founders Fund; Tony Hsieh, CEO of Zappos; Andrew Mason, CEO of Detour and founder of Groupon; Roger McNamee, co-founder of Elevation Partners; and Eric Ries, author of the book “The Lean Startup.”
- MJ Freeway raises $8 mln
MJ Freeway said Monday it raised $8 million in Series B financing. Investors in the round include Roger McNamee and Tao Capital Partners. Denver-based MJ provides software for cannabis businesses.