Khosla Ventures related stories
All articles and analysis
VC-backed Mesosphere appoints new CEOSan Francisco-based Mesosphere, an enterprise cloud enablement company, has named Mike Fey as CEO. Fey's appointment begins February 1, 2019. Mesosphere investors include Andreessen Horowitz, Hewlett Packard Enterprise, Khosla Ventures, Kleiner Perkins, Koch Disruptive Technologies, Microsoft and T. Rowe Price Associates Inc.
- VC-backed Karius secures $25 mln loan from Oxford Finance
Oxford Finance LLC has provided a $25 million senior secured facility to Karius Inc, a life science company focused on infectious disease diagnostics with genomics. The financing will be used to expand the company technology to more hospitals and patients, invest in additional clinical studies and fund additional technology and product innovations. Karius Inc's backers include Data Collective, Lightspeed Venture Partners, Tencent, Khosla Ventures, Innovation Endeavors and Spectrum 28.
BlackBerry to buy cybersecurity firm Cylance for $1.4 bln: ReutersCanada's BlackBerry Ltd raised its bets on artificial intelligence and cybersecurity this week with the US$1.4 billion purchase of U.S. machine-learning specialist Cylance, Reuters reported. The Irvine, California-based Cylance uses machine learning to preempt security breaches before they occur. Its applications seek to block malware or infiltration attempts rather than react after a breach. Founded in 2012, Cylance secured more than US$280 million from venture capital funds, according to Refinitiv data. That includes the US$120 million raised earlier this year in a round led by Blackstone Tactical Opportunities.
- Mojo Vision amasses over $50 mln
Saratoga, California-based Mojo Vision, an invisible computing company, has raised over $50 million in funding. The investors included Shanda Group, Khosla Ventures, NEA, Fusion Fund, Liberty Global Ventures, 8VC, Dolby Family Ventures, AME Cloud Ventures and Open Field Capital.
BlackBerry in talks to buy venture-backed Cylance: ReutersBlackBerry Ltd is in talks to buy cybersecurity company Cylance Inc for as much as US$1.5 billion, Reuters reported, citing a Business Insider story. Irvine, California-based Cylance develops artificial intelligence-based products to prevent cyber attacks on companies and recently considered filing for an initial public offering, according to the report. Earlier this year, Cylance raised https://www.cylance.com/en-us/company/news-and-press/press-releases/cylance-announces-120-million-funding-round.html US$120 million in a financing led by Blackstone Tactical Opportunities. The company's other investors include DFJ, Insight Venture Partners and Khosla Ventures.
- Seed-focused 1984 Ventures raises more than $42 mln for first fund
San Francisco-based 1984 Venture has raised more than $42.27 million from 50 investors, according to a regulatory filing https://www.sec.gov/Archives/edgar/data/1721079/000175851118000002/xslFormDX01/primary_doc.xml The firm says it is now targeting $50 million for the inaugural fund. 1984 Ventures, named as an homage to the year Apple introduced the Macintosh computer and advertised it with a futuristic Super Bowl commercial, invests in early seed businesses using software to solve real-world problems. The firm is led by entrepreneur and investor Ramy Adeeb, a onetime principal at Khosla Ventures.
