Mohr Davidow Ventures related stories
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Wildcat launches itself and a new methodology for building startupsWildcat Venture Partners publicly debuts, unveiling a methodology for building startups that it hopes will attract broad interest
Campfire leads $5 mln funding of medical apparel startup FIGSCanadian venture capital firm Campfire Capital recently led the $5 million Series A financing of FIGS, a Los Angeles-based medical apparel company. Founded in 2013, FIGS provides premium technical apparel via an e-commerce platform to the medical scrubs industry. It said funds raised will help increase inventory to meet demand, expand new product categories, and scale its team. FIGS has previously received funding from U.S. investors, including Mohr Davidow Ventures, Irving Place Capital and 500 Startups. Campfire was founded in 2014 with the support of current and former Lululemon executives and other backers to invest in retail technology startups.
Worldwide fundraising briefsFrom Mucker in LA to Atomico in the UK, a recap of worldwide fundraising news
Economic advisors to Ottawa include two VC investors, MaRS CEOFinance Minister Bill Morneau has announced the federal government's new Advisory Council on Economic Growth. The council's 14 members include: Katherine Barr, general partner at Mohr Davidow Ventures and a former C100 co-chair; Angela Strange, partner at Andreessen Horowitz and a current C100 co-chair; and Ilse Treurnicht, CEO of MaRS Discovery District and a former venture professional. Michael Sabia, head of the Caisse de dépôt et placement du Québec, was also appointed, as was Mark Wiseman, president and CEO of Canadian Pension Plan Investment Board.
VC-backed Storefront shuts downStorefront, a marketplace that helps merchants find and rent retail space, shut down Thursday, the company announced on its website. Spark Capital led a $7.3 million Series A funding round for Storefront in April 2014. Investors include Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups and former Citigroup Chief Executive Vikram Pandit, among others.
New York-based Contour raises $81 mln for two fundsNew York-based Contour Venture Partners, an investor in Datadog, OnDeck and Ticketfly, announced it has raised $81 million combined for two new funds. This includes $56 million for its third early-stage fund, which beat its $50 million target, and $25 million for its first opportunity fund.
- YouTube scoops up BandPage
YouTube has acquired San Francisco-based BandPage for a reported $8 million. BandPage, founded by CEO J Sider, helps bands and musicians market merchandise and connect with fans via social media, had raised $27.6 million in venture funding from GGV Capital and Mohr Davidow Ventures, among others, according to data from Thomson Reuters.
- Splice Machine fetches $9 mln
Splice Machine, a provider of the first RDBMS powered by Hadoop and Spark, has secured $9 million in funding. The investors included Correlation Ventures, Interwest Partners and Mohr Davidow Ventures.
iNovia Capital invests in WorkFusion's $14 mln Series C roundNew York-based WorkFusion, an enterprise smart process automation company, has secured US$14 million in Series C financing. The round was led by U.S. venture capital firm Nokia Growth Partners and was joined by existing investors, including Canadian firm iNovia Capital, which led the company's Series A round in 2013. Mohr Davidow Ventures, Greycroft Partners and RTP Ventures also invested. WorkFusion's technology is used to automate high-volume, labour-intensive processes historically performed by business process outsourcing. It said it will use the new funding to accelerate growth and expand business development efforts.
- WorkFusion rakes in $14 mln Series C
New York City-based WorkFusion, a smart process automation solution provider, has secured $14 million in Series C funding. Nokia Growth Partners led the round with participation from Mohr Davidow Ventures, Greycroft Partners, iNovia Capital and RTP Ventures. In addition to the funding, Paul Asel, a managing partner at NGP, has been added to WorkFusion's board of directors.