Highland Capital Partners related stories
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E-commerce platform Beyond the Rack nets $25 mln in additional financingBeyond the Rack, a Montréal-based online shopping club for designer brand apparel, accessories, beauty, and home decor products at up to 80% off retail, has secured a new financing round totaling $25 million. The round was led by Investissement Québec, Iris Capital and Tandem Expansion Fund, and included the participation of current investors Highland Capital Partners, Panorama Capital, BDC Venture Capital IT Fund and iNovia Capital. Proceeds of the investment will be used to further accelerate strategies for long-term growth of the company and its active customer base. Founded in 2009, Beyond the Rack has raised close to $109 million in venture capital funding since 2010.
NY-based startup ALOHA grabs over $4 mln - TechCrunchTechCrunch http://techcrunch.com/2013/11/19/with-4m-from-khosla-and-more-aloha-launches-a-wellness-platform-that-helps-you-drink-your-greens/ reported that ALOHA, a New York-based startup specializing in providing nutritional supplements, has raised more than $4 million in funding. According to the site, the investors included First Round Capital, Highland Capital Partners, FF Angel, Khosla Ventures and Forerunner Ventures.
- Highland Capital-backed CrowdSource to acquire Servio
CrowdSource, which provides managed crowdsourcing solutions, has agreed to acquire Servio, which focuses on crowdsourcing solutions for large online retailers. The acquisition is expected to strengthen CrowdSource's client portfolio, expand its workforce and augment its service offerings. CrowdSource, backed by Highland Capital Partners, will retain the Servio team.
- Greylock Partners and Highland Capital back SmartThings
SmartThings said Tuesday that it has received $12.5 million in a Series A funding. Greylock Partners and Highland Capital Partners were the investors. According to the company, the capital will be used for product enhancements and distribution expansion. Headquartered in Washington, D.C., SmartThings is a provider of a platform that connects the internet to everyday items. In addition to Greylock and Highland, SmartThings' backers include First Round Capital, SV Angel, Lerer Ventures, A-Grade and CrunchFund.
Deals: EuropeEuropean venture investments during September 2013
Cyber-attack fighter Bromium raises $40 mln in financingOct 22 (Reuters) - Bromium Inc, a firm that helps corporations fight cyber attacks, said on Wednesday it has raised $40 million in financing in a round led by Meritech Capital Partners.
Cyber-attack fighter Bromium raises $40 mln in financingNew round led by Meritech Capital Partners brings total raised to $74.7 million
- Bromium scores $40 mln in Series C funds
Bromium said Wednesday that it has closed $40 million in Series C funding. New investor Meritech Capital Partners led the round with participation from return backers Andreessen Horowitz, Ignition Partners, Highland Capital Partners and Intel Capital. Also, Rob Ward, managing director at Meritech Capital, will join the Bromium board. Based in Cupertino, Calif., Bromium is a provider of computer security solutions.
Disrupting healthcare – on whose terms?Healthcare investing is best left to the experts, not venture capitalists focused on disruptive consumer technologies, write peHUB guest columnists Dr. Bijan Salehizadeh and Ryan M. Schwarz of NaviMed Capital.
- VC-backed Calxeda names new board member
Calxeda said Thursday that it has named Frank Frankovsky to its board of directors. Frankovsky is the chairman and president of the Open Compute Foundation. Headquartered in Austin, Texas, Calxeda is a provider of data center solutions. The company is backed by ARM Holdings, Advanced Technology Investment Company, Austin Ventures, Battery Ventures, Flybridge Capital Partners, Highland Capital Partners and Vulcan Capital.