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  • TCV leads Peloton's $550 mln round
    Luisa Beltran- 3 August 2018

    Peloton said Aug. 3 that it raised $550 million in a Series F financing round led by TCV. Nearly all of Peloton's existing institutional investors, including Tiger Global, True Ventures, Wellington Management, Fidelity (FMRCo), NBCUniversal, Kleiner Perkins and Balyasny participated in this round. New investors include Felix Capital, Winslow Capital and other mutual fund partners. J.P. Morgan served as the sole placement agent to Peloton on the transaction. Peloton, of New York, provides high end cycling equipment for the home.

  • Labelbox attracts $3.9 mln seed
    Iris Dorbian- 1 August 2018

    San Francisco-based Labelbox, a data labeling platform, has raised $3.9 million in seed financing. Kleiner Perkins led the round with participation from First Round Capital and Google's new AI fund, Gradient Ventures.

  • Gusto procures $140 mln Series C
    Iris Dorbian- 31 July 2018

    San Francisco-based Gusto, a payroll, benefits and HR technology platform for small businesses, has raised $140 million in Series C funding round. The investors included T. Rowe Price Associates, Inc., MSD Capital, Dragoneer Investment Group, Y Combinator, General Catalyst, CapitalG, Kleiner Perkins, 137 Ventures and Emergence Capital.

  • Tally procures $25 mln Series B
    Iris Dorbian- 26 July 2018

    Tally, an automated debt manager, has secured $25 million in Series B funding. Kleiner Perkins led the round with participation from Shasta Ventures, Cowboy Ventures and Sway Ventures.

  • Video editing website Kapwing inks $1.7 mln seed
    Iris Dorbian- 16 July 2018

    Kapwing, a video editing website, has raised $1.7 million in seed funding. Kleiner Perkins led the round with participation from Shasta Ventures, Sinai Ventures, Village Global, Shrug Capital and ZhenFund.

  • Puppet collects $42 mln
    Iris Dorbian- 28 June 2018

    Portland, Oregon-based Puppet, a standard for automating the delivery and operation of the software, has secured $42 million in funding. Cisco Investments led the round with participation from EDBI, Kleiner Perkins, True Ventures and VMware.

  • Terminal raises $10 mln from Lightspeed, Thiel Capital, KPCB, Atomic, Craft, Yang
    Mark Boslet- 22 May 2018

    Terminal said it raised a $10 million Series A round from Lightspeed Venture Partners, Thiel Capital, Kleiner Perkins Caufield & Byers, Atomic, Craft Ventures and angel Jerry Yang.

  • Engineering talent solution Terminal closes $13 mln Series A
    Kirk Falconer- 22 May 2018

    Terminal, a Kitchener, Ontario-based builder of remote engineering teams, has raised $13 million in a Series A financing. The round included investments from Lightspeed Venture Partners, Thiel Capital, Kleiner Perkins Caufield & Byers, Atomic, Craft Ventures and Jerry Yang, founder of Yahoo. Launched in 2017 by Atomic's Jack Abraham and Luke Finney, 8VC's Joe Lonsdale and Eventbrite's Dylan Serota, Terminal recruits technical talent and establishes and manages remote work spaces for technology companies. Hiring Atomic's Clay Kellogg as CEO, Terminal will use funds raised to scale operations in its five Canadian and U.S. offices and expand into Latin America.