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Panzura Inks $12M Round Led by Khosla VenturesCloud computing start-up Panzura has added $12 million in venture capital with a Series B round led by Menlo Park, Calif.-based Khosla Ventures. Series A investors Matrix Partners and CTTV Investments, the venture capital arm of Chevron Technology Ventures, also participated in the latest round. San Jose, Calif.-based Panzura develops converged cloud storage and application optimization products, and will use the funding to continue development as well as bolster sales and marketing.
- CloudBees Inks $4 Million Round Led by Matrix Partners
CloudBees, a Lewes, Del.-based start-up focused on cloud computing, has raised $4 million in a first round of venture funding led by Matrix Partners. The company will use the financing to build out its cloud-agnostic, cloud-native Java platform-as-a-service. As a result of the financing, Matrix’s David Skok and individual investor Bob Bickel will join the CloudBees board.
VCs Court Controversy by Backing Penny Auction SitesAugust Capital, First Round, Mayfield Fund and others have invested millions in penny auction websites, despite mounting criticism that many of the sites take advantage of consumers
- Crosslink Closes $200M VC Fund
The cross-stage firm will invest its sixth fund in cleantech and IT deals
- Care.com Secures $20 Million In Financing
Care.com Inc. closed a financing round with $20 million. Maryland-based New Enterprise Associates led the funding for the Waltham, Mass.-based company. Matrix Partners and Trinity Ventures are existing investors that participated in the round. Care.com is a Website that allow users to search for childcare, senior care, pet care and housekeeping service providers.
- Care.com Closes $20 Million Funding Round
Care.com said Tuesday that it has closed $20 million in funding led by New Enterprise Associates. Existing investors Matrix Partners and Trinity Ventures joined in the round. Waltham, Mass.-Care.com is an online services where uses can find caregivers for children, seniors or pets. New Enterprise Associates is a Menlo Park, Calif-based VC firm.
Fashioning SuccessSarah Curran didn’t set out to be a successful Internet entrepreneur, but her perfectionism and strong drive led her down that path. Her 4-year-old my-wardrobe.com is profitable, turning over £1M a month in sales and recently landed $9M from a brand name VC.