Khosla Ventures related stories
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eGenesis attracts $38 mln Series ACambridge, Massachusetts-based eGenesis, a biotechnology company, has raised $38 million in Series A financing. Biomatics Capital and ARCH Venture Partners led the round with participation from Khosla Ventures, Alta Partners, Alexandria Venture Investments, Heritage Provider Network, Berggruen Holdings North America Ltd, Uprising, and Fan Ventures. In conjunction with the funding, Daniel S. Lynch was appointed executive chairman of eGenesis.
- Ex-Zenefits chief launches startup to compete with his old firm: Reuters
The former chief executive of human resources software firm Zenefits, Parker Conrad, on Tuesday made public a new startup that will compete with his old company, marking a comeback by the Silicon Valley entrepreneur who left Zenefits under a cloud, Reuters reported.
- Kiddom collects $6.5 mln
San Francisco-based Kiddom, a collaborative education platform for K-12 classrooms, has raised $6.5 million in funding. Keith Rabois, an investment partner at Khosla Ventures, led the round.
- Digital Alloys attracts $5 mln Series A
Digital Alloys, a provider of multi-metal additive manufacturing systems, has raised $5 million in Series A financing. Khosla Ventures led the round.
- Online lender Upstart scores $32.5 mln
San Carlos, California-based Upstart, a lending platform for millennials, has raised $32.5 million in funding, according to a blog post http://blog.upstart.com/upstart-raises-32-5m/ on its site. Rakuten and an unidentified U.S. asset manager led the round. Return backers Third Point Ventures, Khosla Ventures and First Round Capital also participated in the round. In conjunction with the funding. Oskar Mielczarek de la Miel, managing partner at the Rakuten's fintech fund, has been added to Upstart's board of directors. And, Sanjay Data, former vice president of global advertising finance at Google, has been hired as chief financial officer.
- Formation Group has raised $357 mln for maiden fund: Correction
Formation Group has raised $357 million for a maiden fund with former Facebook CFO and San Francisco 49ers co-owner Gideon Yu serving on the investment team.
- Khosla Ventures leads Series A in mobile payment Qvivr
Santa Clara, California-based Qvivr, a provider of mobile payments technology for consumers, announced it has raised $5 million in Series A funding. Khosla Ventures led the round with participation from what it calls "one of the largest multinational banks based in Asia." The funding will help Qvivr expand its sales effort as it plans to ship its first product, called SWYP, later this year. The company is also developing a new personal finance product aimed at millennials.
- VC-backed Boku appoints CFO
San Francisco-based Boku, a direct carrier billing mobile payments company, has named Gillian Davies as chief financial officer. Her appointment becomes effective immediately. Previously, Davies worked at Banner Management Communications, which is part of the Adare Group. There she served as interim finance director. Boku's backers include Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.