Founders Circle Capital related stories
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Databricks picks up $1bn Series G led by Franklin TempletonSan Francisco-based data and artificial intelligence company Databricks has secured $1 billion in a Series G financing, giving it a $28 billion valuation.
Splice raises $57.5 mlnSplice said March 20 that it raised $57.5 million in a Series C round led by existing investors Union Square Ventures and True Ventures. Also participating were DFJ Growth, Flybridge, and Lerer Hippeau, Liontree, Founders Circle Capital, and Matt Pincus, founder of Songz Publishing. Splice is a music startup that aims to help musicians create and earn revenue.
- Workday to buy VC-backed Adaptive Insights for about $1.55 bln
Workday Inc has agreed to acquire Palo Alto, California-based Adaptive Insights, a provider of on-demand business performance management software, for about $1.55 billion. Allen & Company LLC is serving as financial adviser to Workday while Morgan Stanley is doing likewise for Adaptive Insights. Adaptive Insights' backers include Bessemer Venture Partners, Founders Circle Capital and Norwest Venture Partners, according to Crunchbase.
- Dynamic Signal takes in $36.5 mln
San Bruno, California-based Dynamic Signal, a employee communication and engagement platform, has raised $36.5 million in financing. The investors included Adams Street Partners, Akkadian Ventures, Cisco Investments, Focus Opportunity Fund, Founders Circle Capital, Microsoft Ventures, Rembrandt Venture Partners, Time Warner Investments, Trinity Ventures and Venrock.
- Turo raises $92 mln, buys Croove
Turo said Sept. 6 that it raised $92 million in Series D funding led by Daimler and SK Holding. Liberty Mutual Strategic Ventures and Founders Circle Capital joined the financing. Existing investors August Capital, Canaan Partners, Kleiner Perkins, GV, Trinity Ventures and Shasta Ventures also invested. Turo, of San Francisco, is a peer-to-peer car sharing marketplace. Turo said it is also buying Croove, a peer-to-peer car sharing marketplace in Germany from Daimler.
- Sun Basket nabs $15 mln Series C
San Francisco-based Sun Basket, an organic meal kit delivery service, has secured $15 million in Series C funding. Sapphire Ventures led the round with participation from other investors that included Baseline Ventures, PivotNorth Capital, Accolade Partners, Founders Circle Capital, Shea Ventures, Relevance Capital, Vulcan Capital and Filter 14. In conjunction with the funding, Kevin Diestel, a principal of Sapphire Ventures, has been appointed to Sun Basket's board of directors.