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  • VC-backed Swift Capital hires chief legal officer
    Iris Dorbian- 15 December 2016

    Swift Capital, a provider of financing for small businesses, has named Tim Naughton as chief legal officer. Previously, Naughton was assistant general counsel and senior vice president at Bank of America where he advised the firm's small business lending and deposit services. Swift is backed by Sutter Hill Ventures, Khosla Ventures, Third Point Ventures, First Round Capital and SV Angel.

  • Bill Gates launches $1bn cleantech venture firm
    Marine Cole- 14 December 2016

    Breakthrough Energy Ventures will invest in clean energy opportunities that reduce carbon emissions.

  • Clear Labs pulls in $13 mln Series B
    Iris Dorbian- 13 December 2016

    Menlo Park, California-based Clear Labs, a food analytics platform for retailers and manufacturers, has raised $13 million in Series B funding. Wing VC led the round with participation from Google Ventures, Tencent, Khosla Ventures and Felicis Ventures. In addition to the funding, the company has named Michael R. Taylor, former FDA Deputy Commissioner for Foods and Veterinary Medicine, to its board of directors.

  • Breakthrough Energy Ventures launches $1 bln clean energy fund
    Iris Dorbian- 12 December 2016

    Breakthrough Energy Ventures has raised more than $1 billion for its clean energy fund. Bill Gates is serving as the chairman of BEV while the board of directors include John Doerr, chairman of Kleiner Perkins Caufield and Byers, Vinod Khosla, founder of Khosla Ventures and Jack Ma, executive chairman of the Alibaba Group.

  • Wellness startup Grokker racks up $22.5 mln Series B
    Iris Dorbian- 1 December 2016

    Wellness startup Grokker has closed its Series B funding round, bringing its total tally to $22.5 million. The investors were SV Angel, First Round Capital, Khosla Ventures, Aspect Ventures, Interwest Partners, Comcast and Correlation Ventures.

  • Opendoor closes on $210 mln from Norwest, NEA and others
    Alastair Goldfisher- 1 December 2016

    San Francisco-based Opendoor, which operates an online marketplace for buying homes, announced it has raised $210 million in a Series D round of funding led by Norwest Venture Partners with Managing Partner Jeff Crowe joining the board. New Enterprise Associates also participated in the round with existing investors, which includes Khosla Ventures, GGV Capital, Access Industries, FifthWall, Lakestar, SVB Capital, Caffeinated Capital and Felicis Ventures. The company has now raised $320 million in total equity.