NVP related stories
All articles and analysis
Norwest leads $48 mln funding in Omada HealthSan Francisco-based Omada Health announced it has raised $48 million in a Series C round of funding led by Norwest Venture Partners. Also participating in the round are strategic investors Humana Inc and Providence Health & Services, as well as existing investors U.S. Venture Partners, Rock Health and Andreessen Horowitz and new investors GE Ventures and dRx Capital.
- Stripes Group leads Series D round for Udemy
San Francisco-based online education marketplace Udemy has secured $65 million in Series D funding. Stripes Group led the round with participation from Norwest Venture Partners and Insight Venture Partners. In conjunction with the funding, Ken Fox, a founder and managing partner of Stripes Group, has been added to Udemy’s board of directors.
- Cleardata raises $25 mln
Cleardata said Thursday it closed $25 million Series C funding contributions from Heritage Group, HLM Venture Partners and Flare Capital Partners. Existing investors Norwest Venture Partners, Merck Global Health Innovation Fund and Excel Venture Management also participated. Tempe, Arizona-based Cleardata provides cloud computing, platform and information security services to the healthcare industry.
- Security company ClearDATA raises $25 mln
Phoenix-based ClearDATA, a provider of security services for the healthcare industry, announced it has raised an over-subscribed $25 million Series C round of funding. Investors include Heritage Group, HLM Venture Partners and Flare Capital Partners, along with existing investors Norwest Venture Partners, Merck Global Health Innovation Fund and Excel Venture Management. The company has now raised $42.4 million to date.
- HP acquires NVP-backed ConteXtream
HP has acquired ConteXtream, the former announced today on its site. No financial terms were disclosed. Based in Mountain View, California, ConteXtream is a provider of carrier-SDN solutions. ConteXtream was backed by Norwest Venture Partners. To read the post, visit here http://www8.hp.com/hpnext/posts/hp-contextream-accelerate-nfv#.VWS6QE_BzGf
- GPs defend industry at Dutch roundtable
Dutch lawmakers have yet to decide if further regulation is necessary, according to the country’s trade association NVP
- GIC and Norwest back Sulekha.com
India-based local services platform Sulekha.com has raised $28 million in funding. The investors were GIC and Norwest Venture Partners.
- Norwest Venture Partners buys WineAccess
Norwest Venture Partners has acquired WineAccess Inc. Financial terms weren’t announced. Jim Weinrott, WineAccess’ founder and CEO, will maintain a meaningful stake. WineAccess is a direct-to-consumer wine ecommerce company. Sanjay Chadda, Matthew Kratter and Michael Petsky of Petsky Prunier provided financial advice to WineAccess.
- Dtex Systems pulls in $15 mln Series A
San Jose, California-based Dtex Systems, a provider of insider threat protection solutions, has raised $15 million in Series A funding. Norwest Venture Partners and Wing Ventures led the round. In addition to the funding, Gaurav Garg, a founding partner at Wing Venture Partners, and Promod Haque, a senior managing partner at NVP, has been added to the Dtex board.
- Temasek and Norwest Venture Partners back Manthan
India-based Manthan, a provider of analytics solutions, has raised an undisclosed amount of Series D funding. The investors were Temasek and Norwest Venture Partners.