Grotech Ventures related stories
All articles and analysis
- Dizzion snaps up $3.9 mln Series A
Grotech Ventures and Access Venture Partners have led a $3.9 million Series A funding round for Dizzion. Other investors included Point B Capital, Correlation Ventures and Service Provider Capital. Based in Denver, Dizzion is a provider of cloud computing solutions for desktops.
- Optoro nets $50 mln Series C in KPCB-led round
Optoro has raised $50 million in Series C funding in a round led by Kleiner Perkins Caufield & Byers. Other investors were Generation Investment Management, Revolution Growth, Grotech Ventures and SWaN & Legend Venture Partners. In conjunction with the funding, Daniel Oros, a partner at KPCB, has been added to its board. Based in Washington, D.C. and Maryland, Optoro is a provider of solutions that lets retailers and manufacturers increase revenue from returned and excess inventory.
- DB Networks rings up $17 mln
DB Networks, a San Diego-based cyber security provider, has raised $17 million in financing. Grotech Ventures led the round with participation from other investors that included Khosla Ventures and Citi Ventures. Concurrent with the funding, Joe Zell, general partner at Grotech Ventures, has been added to DB Networks' board of directors.
- Zonoff fetches $31.8 mln Series B
Malvern, Penn.-based home software platform Zonoff has closed $31.8 million in Series B funding. The investors in this round included previous backers Grotech Ventures and Valhalla Partners.
- Grotech Ventures, others lead $4 mln Series A funding in Cyber Squared
Grotech Ventures and other strategic partners have led a $4 million Series A funding in Cyber Squared Inc., a cyber security company. The company will begin operations as ThreatConnect, Inc. Grotech General Partner Steve Fredrick will join ThreatConnect's board of directors.
- CIT backs Blue Triangle Technologies
CIT GAP Funds has made an undisclosed investment in Blue Triangle Technologies. Based in Richmond, Virginia, BTT is a provider of a data analytics platform that helps online retailers optimize web pages.
- TaskEasy attracts $7 mln Series A
Salt Lake City-based TaskEasy, a provider of on-demand home exterior services, has raised $7 million in Series A funding. The investors were Grotech Ventures, Access Venture Partners and previous backer KickStart Seed Fund. In conjunction with the funding, Service Magic co-CEO and founder Michael Beaudoin has been appointed to TaskEasy's board of directors.
- AnyPresence nabs $6 mln
Reston, Virginia-based cloud-based mobile platform provider AnyPresence said Tuesday that it has closed $6 million in funding. CNF Investments led the round with participation from Kinetic Ventures, Grotech Ventures and Citrix.
- WiserTogether nets $9 mln
WiserTogether, a healthcare treatment comparison software firm, said Wednesday that it has closed $9 million in Series B funding. Martin Ventures and Merck Global Health Innovation Fund led the round with participation from other investors that included Grotech Ventures, Harbert Venture Partners, 7Wire Ventures and Blue Heron Capital.
Getting smart about connected home devicesFrom smart locks to kitchenware and cups, VCs are in hot pursuit of the home automation market, which is projected to hit $44 billion by 2017