Mohr Davidow Ventures related stories
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- Coupa Software scores $80 mln
Cloud-based financial applications provider Coupa Software has raised $80 million in funding. T. Rowe Price Associates Inc and Iconiq Capital led the round with participation from other investors that included Premji Invest, Crosslink Capital, Battery Ventures, El Dorado Ventures and Rally Ventures. Also, Qatalyst Partners was the placement agent.
- PE-backed ProQuest acquires SIPX
ProQuest, which is backed by ABRY Partners and Goldman Sachs, has bought SIPX. No financial terms were disclosed. Based in Palo Alto, California, SIPX is a provider of digital course materials that addresses copyright and costs concerns for universities. SIPX's backers included Mohr Davidow Ventures, XSeed Capital, Stanford University and Ulu Ventures.
- Aryaka picks up $16 mln
Milpitas, California-based Aryaka, a provider of WAN optimization technology, has raised $16 million in funding. Nexus Venture Partners led the round with participation from return backers Trinity Ventures, InterWest Partners, Mohr Davidow Ventures and Presidio Ventures.
VC-backed Ticketfly grows Canadian presence with Northern Tickets buyTicketfly Inc has bought Northern Tickets, the ticketing service of The MRG Group, an owner of hospitality and entertainment operations across Canada. The deal's financial terms were not released. Ticketfly, a San Francisco-based ticketing technology platform, said the acquisition accelerates its growth and adds new Canadian venues to its client list. The company launched its Canadian operations in 2013. Founded in 2008, Ticketfly is backed by several U.S. venture capital firms, including Contour Venture Partners, Cross Creek Capital, Mohr Davidow Ventures, Northgate Capital, Primary Venture Partners and Sapphire Ventures.
Angela Strange to replace Katherine Barr as C100 co-chairKatherine Barr, general partner at Mohr Davidow Ventures, is stepping down this month as co-chair of the C100, the Silicon Valley-based non-profit organization established to support Canadian entrepreneurship. She will be replaced in that role by Angela Strange, partner at Andreessen Horowitz. Strange will work with existing C100 Co-Chair Scott Bonham, founding partner of GGV Capital. Barr, who said she will remain on the C100's board of directors, was last year interviewed by peHUB Canada /canada/2014/04/14/builddirect-and-startups-that-go-big-a-conversation-with-mdvs-katherine-barr/ at the time of BuildDirect's Series B financing, which was led by Mohr Davidow.
VC-backed OpenDNS buys Vancouver network routing company BGPmonU.S. security company OpenDNS has acquired BGPmon Network Solutions Inc, a provider of network and routing monitoring services based in Vancouver. The financial details of the transaction were not disclosed. OpenDNS said the acquisition will facilitate its expansion of security research capabilities and offer its customers broader protection against cybersecurity threats. Based in San Francisco, OpenDNS has been venture-backed since its founding in 2005. Its investors include Cisco Systems, Evolution Equity Partners, Glynn Capital, Greylock Partners, Lumia Capital, Mohr Davidow Ventures, Northgate Capital, Sequoia Capital and Sutter Hill Ventures.
- RoboCV snags $3 mln
Moscow-based RoboCV, a maker of autopilot vehicle products, has raised $3 million in funding. The investors were I2BF Global Ventures, VTB Capital Investment Management, LETA Capital, Columbus Nova Technology Partners and Almaz Capital.
- Lightspeed Venture leads $33 mln Series C funding in Personalis
Lightspeed Venture Partners has led a $33 million Series C funding round in Personalis, Inc., a genomics-based clinical diagnostic laboratory. All the Series A investors participated in the funding round, including Abingworth and Mohr Davidow Ventures. The funding brings Personalis' total funding to $75 million.
Top ten VC deals done in Canada in 2014The Canadian Venture Capital & Private Equity Association (CVCA) and research partner Thomson Reuters will in February 2015 publish their full report on Canadian venture capital market activity in 2014. In the meantime, peHUB Canada has compiled a list of the likely top 10 (disclosed) financings completed this year.
AIMCo joins $35 mln funding of molecular diagnostics company CardioDxU.S. molecular diagnostics company CardioDx Inc has secured US$35 million in new financing. Canadian pension fund manager Alberta Investment Management Corp (AIMCo) participated in the round along with existing investors. Based in Redwood City, California, CardioDX specializes in cardiovascular genomics, and is focused on developing clinically validated tests that help clinicians care for patients. The company, which is reported to have raised http://www.bizjournals.com/sanjose/news/2014/07/24/cardiodx-raises-21m-in-new-funding-as-biotech-ipos.html?ana=twt US$21 million in July, is backed by Artiman Ventures, Kleiner Perkins Caufield & Byers, Longitude Capital, Mohr Davidow Ventures, Pappas Ventures and Temasek Life Sciences, among others.