NVP related stories
All articles and analysis
SolarEdge Technologies Seals $37MSolarEdge Technologies Inc., an Israeli provider of end-to-end solar power optimization and PV monitoring technology, has raised $37 million in venture capital. Norwest Venture Partners led the round, which is aimed at expanding the company’s reach and bolstering production plans. Existing investors Opus Capital, Walden International, Genesis Partners, Vertex Venture Capital, Lightspeed Venture Partners and GE also participated in the round.
- Hadapt Seals $9.5M Series A
Cambridge, Mass.-based Hadapt, the maker of a big data platform to integrate Hadoop with a structured data store, has raised $9.5 million in Series A financing. Norwest Venture Partners and Bessemer Venture Partners led the round. Matthew Howard, a general partner at Norwest, and Felda Hardymon, partner at Bessemer, joined the company’s board.
- Zenverge Nets More than $20M
Zenverge Inc., the California-based multimedia solutions company, has completed a $20.5 million Series D round led by strategic investor Entropic Communications. New investors CID Group and the Woodside Fund also participated in the round. Other investors, including DCM, Norwest Venture Partners, Motorola Mobility Ventures, and Battery Ventures, also participated in the funding. Patrick Henry, president and CEO of Entropic Communications, to its board of directors.
- Motif Secures $20 Mln Series B Financing
Motif Investing said Monday that it received $20 million in Series B financing led by Ignition Partners. Norwest Venture Partners and Foundation Capital also joined in the round. San Mateo-based Motif is developing a platform that will let retail investors "easily invest in ideas," according to a statement.
- Nokia Siemens Networks Leads $14M for ClariPhy
Irvine, Calif.-based ClariPhy Communications Inc., a developer of signal processors for optical networking, has sealed $14 million in new funding, led by by Nokia Siemens Networks. The new money will help ClariPhy expand deployment of its system-on-a-chip, the company said in a release. ClariPhy is backed by a stable of prominent venture investors including Norwest Venture Partners, Allegis Capital, ONSET Ventures and Pacific General Partners. The company previously raised at least $44 million.
- Lumosity Seals $32.5M Series C
Lumosity has raised $32.5 million in Series C financing. Menlo Ventures led the round, with participation from existing investors FirstMark Capital, Harrison Metal and Norwest Venture Partners. Lumosity’s technology utilizes neuroscience to create games and exercises that improve core cognitive abilities. The company claims more than 14 million users across 180 countries. Lumosity is based in San Francisco.
- MobileIron Lands $20M Series D
MobileIron, the enterprise management and security system for mobile devices and related apps, has landed a $20 million Series D growth financing round. All of the company’s current investors, including Foundation Capital, Norwest Venture Partners, Sequoia Capital and Storm Ventures, participated in the round.
- TreatFeed Seals $5.4M Led by Norwest
TreatFeed, the maker of a multi-level marketing driven shopping application, has sealed $5.4 million in a venture round led by Norwest Venture Partners. As a part of the funding, NVP General Partner Josh Goldman and Partner Tim Chang have joined TreatFeed’s board. TreatFeed is based in Los Angeles.
- BookRenter Inks $40M Series C
Online textbook platform BookRenter has raised $40 million in Series C financing from Adams Capital Management, Comerica Bank, Focus Ventures, Lighthouse Capital Partners, Norwest Venture Partners, and Storm Ventures. The company launched in 2008 and allows college stores to launch their own textbook rental sites. BookRenter, based in San Mateo, Calif., closed a $10 million Series B round in June 2010.
- Komli Media Raises $15 Million
Komli Media Pvt. Ltd. raised $15 million. Norwest Venture Partners of Palo Alto, Calif., led the financing. Existing investors, Nexus Venture Partners and Helion Venture Partners, participated in the round. Komli Media is a Mumbai, India-based digital media network. It plans to use the capital for its expansion and to invest in its core businesses: digital media network and its audience measurement unit.