Khosla Ventures related stories
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Bitcoin startup Chain ropes in $30 mlnSan Francisco-based Chain, a provider of blockchain services for bitcoin networks to trade and transfer financial assets and smart contracts, announced it has raised a $30 million Series B round of funding. Investors include Visa, Nasdaq, Citi Ventures, Capital One, Fiserv and Orange. The company has now raised about $44 million in total funding. In addition, former American Express CEO and RRE Ventures founder Jim Robinson III has joined the company board.
- Fundbox raises another $50 mln
Fundbox said Thursday it has raised an additional $50 million in equity funding led by new investor Spark Capital Growth with participation from Bezos Expeditions (the personal investment arm of Jeff Bezos), Ashton Kutcher and Guy Oseary's Sound Ventures and Entrée Capital. Existing investors, including Khosla Ventures, General Catalyst Partners, Shlomo Kramer, and Blumberg Capital, also participated. San Francisco-based Fundbox, a cash flow optimization tool for small businesses, raised $40 million in Series B funding in March.
Regional report: VCs no longer flying over OhioCincinnati, Cleveland and Columbus: The three Cs of a venture boom in flyover country
IPO Aftermarket: Life sciences keep dominating as Pure Storage files its IPOThrough the end of July, VCJ reports that 50 VC-backed companies have gone public on the NYSE or Nasdaq exchanges
- NBCUniversal to invest $200 mln in Vox Media
NBCUniversal said Wednesday it has agreed to invest $200 million in Vox Media. New York-based Vox, a digital media company, is backed by Accel Partners, Comcast Ventures, Khosla Ventures, and General Atlantic. NBCUniversal is a unit of Comcast Corp.
- Editas Medicine raises $120 mln
Editas Medicine said Monday it raised $120 million led by Boris Nikolic, M.D., managing director of bng0, a U.S.-based investment company that was formed to invest exclusively in Editas Medicine and includes a select group of large family offices. Other new investors include Deerfield Management, Viking Global Investors, Fidelity Management & Research Company, funds and accounts managed by T. Rowe Price Associates Inc., Google Ventures, Jennison Associates on behalf of certain clients, Khosla Ventures, EcoR1 Capital, Casdin Capital, Omega Funds, Cowen Private Investments and Alexandria Venture Investments. Cambridge, Massachusetts-based Editas is a genome editing company.
- Visa backs VC-backed payments startup Stripe
Visa Inc has made an undisclosed investment in Stripe, a mobile and online payment provider. According to Crunchbase, Stripe's backers include Sequoia Capital, Thrive Capital, Founders Fund, Khosla Ventures, Andreessen Horowitz and General Catalyst Partners.
- Cylance rakes in more than $42 mln Series C
Cylance Inc, which uses artificial intelligence to predict and prevent cyber attacks, has raised more than $42 million in Series C funding. DFJ Growth led the round with participation from KKR, Dell Ventures, CapitalOne Ventures, Thomvest, DraperNexus, Blackstone, Fairhaven Capital, Khosla Ventures and TenEleven Ventures. In addition to the funding, Mark Bailey, co-founder and managing director of DFJ Growth, has been added to Cylance's board of directors.
- Granular rakes in $18.7 mln Series B
San Francisco-based Granular, a provider of farm management software and analytics tools, has secured $18.7 million in Series B funding. Tao Capital Partners led the round with participation from Emory Investment Management, Fall Line Capital, H. Barton Asset Management, Andreessen Horowitz, Google Ventures and Khosla Ventures.
- Lending platform Upstart grabs $35 mln
Upstart has secured $35 million in Series C funding, according to a blog post http://blog.upstart.com/upstart-raises-35m-series-c/#.Vae7b_lViko by CEO Dave Girouard. Third Point Ventures led the round with participation from other investors that included Khosla Ventures, First Round Capital and Collaborative Fund. Based in Palo Alto, California, Upstart is a lending platform that aims to finance people based on signs of their potential including employment history and academic performance.