Nexus Venture Partners related stories
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Nexus Venture Partners closes fourth fund at over $450 mlnIndia-based venture firm Nexus Venture Partners has raised over $450 million for its fourth fund. Nexus Ventures IV's limited partners include endowments, foundations and financial institutions in North America, Europe and Asia. The fund will focus on early-stage tech and data companies that are disrupting the consumer retail, financial services, healthcare and education sectors.
- Nexus, Greylock invest in POP
Irvine, Calif.-based POP, a mobile app that provides a crowd-solving platform for business, has raised $6 million in a Series A round of funding. Nexus Venture Partners led the round, which included Greylock Partners. As a result of the funding, the company has added to the board Naren Gupta, co-founder and managing director of Nexus, Asheem Chandna, partner with Greylock, and Adriel Lares, former CFO of Lookout.
- Paxion leads $20 mln funding of H2O.ai
Mountain View, Calif.-based H2O.ai, which provides an open source machine learning platform, announced it has raised a $20 million Series B round of funding led by Paxion Capital Partners. Existing backers Nexus Venture Partners and Transamerica Corporation and new investor Capital One Growth Ventures also joined the round. The company has now raised $34 million in total funding. Michael Marks, founding partner of Paxion, has joined the board as part of the company's latest funding round.
- Nexus Venture Partners leads Series A round for Infoworks
Automated big data company Infoworks has raised $5 million in Series A funding. Nexus Venture Partners led the round with participation from other investors that included Knoll Ventures.
Procurify seeded with $4 mln from VCs, Hootsuite executivesProcurify, a cloud-based procurement management solution, has received US$4 million in seed funding. Investors in the round included Point Nine Capital, Nexus Venture Partners and the Business Development Bank of Canada (BDC). Ryan Holmes and Steve Johnson, CEO and chief revenue officer of Hootsuite, also invested and have become advisors to the Vancouver-based company. Procurify's software-as-a-service platform helps small businesses manage both direct and indirect spending. It said the proceeds of the latest round will be used to invest in sales, marketing and product development.
- Indix snags $15 mln
Product intelligence solutions provider Indix has secured $15 million in funding. The investors were Nokia Growth Partners, Nexus Venture Partners and Avalon Ventures.
- Rancher Labs scores $10 mln Series A
Cupertino, California-based Rancher Labs, a developer of Docker infrastructure software, has secured $10 million in Series A funding. Mayfield and Nexus Venture Partners led the round.
- Travel app Headout nets $1.8 mln
Travel app Headout has secured $ 1.8 million in seed funding. The investors included Version One Ventures, 500 Startups, Nexus Venture Partners, Arena Ventures, Maiden Lane Ventures, Funders Club, Haystack Fund, Ludlow Ventures and Dreamit 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.
- Redpoint Ventures leads Series B round for Infer
Palo Alto, Calif.-based Infer, a provider of predictive business applications that help companies win more customers, has raised $25 million in Series B funding. Redpoint Ventures led the round.