NVP related stories
All articles and analysis
- RBC Joins in $45M Bessemer-Led Financing of Adaptive Planning
Mountain View, California-based Adaptive Planning Inc., a maker of cloud-based business analytics software, has secured US$45 million in funding in a deal led by U.S. venture capital firm Bessemer Venture Partners. Bessemer was joined by the company's existing investors, which include Canadian firm RBC Venture Partners, a backer of Adaptive Planning since 2008.
- Bessemer Venture Leads $45 Mln Round for Adaptive Planning
Adaptive Planning said Tuesday it secured $45 million in venture funding led by Bessemer Venture Partners. Existing investors ONSET Ventures, Norwest Venture Partners (NVP), RBC Venture Partners, Cardinal Venture Capital, and Monitor Ventures also participated. Mountain View, Calif.-based Adaptive Planning provides cloud-based business analytics solutions for companies and nonprofits.
- iRhythm Technologies Inks $16M
iRhythm Technologies Inc., a medical device, service and technology company, has closed on $16 million in Series D financing. Norwest Venture Partners led the round, with participation from New Leaf Ventures, Synergy Life Science Partners and Kaiser Permanente Ventures. The money will go toward expansion and development efforts.
- Norwest Leads Funding Round in Med Device Company IRhythm
Medical Device company iRhythm Technologies has raised a $6 million Series D round led by Norwest Venture Partners. Existing investors New Leaf Ventures, Synergy Life Science Partners and Kaiser Permanente Ventures also participated.
- Cloud Networking Startup Pertino Secures $20M
Pertino, which develops software for managing wide area networks over the cloud, has raised $20 million in a Series B round led by new investor Jafco Ventures, with Norwest Venture Partners and Lightspeed Venture Partners also participating. Pertino raised nearly $9 million in a Series A deal from Norwest and Lightspeed in April 2012.
- STELLAService Raises $15M Series B
STELLAService Inc., a provider of customer service ratings for online retailers, has raised $15 million in Series B financing. Norwest Venture Partners led the round, which included existing STELLAService investors including Battery Ventures, DFJ Gotham Ventures, RRE Ventures and Forerunner Ventures. As a result of the round, Josh Goldman, General Partner at Norwest Venture Partners, has joined the company’s board.
- Med Device Company Intersect ENT Raises Series D
Medical device company Intersect ENT has raised a $30 million Series D round of funding that was led by new investor Norwest Venture Partners. Also participating in the round were existing investors Kleiner Perkins Caufield & Byers, U.S. Venture Partners, PTV Sciences and Medtronic. The company, which develops therapies for ear, nose and throat surgeons, previously raised $30 million in known funding.
- Norwest Venture Partners Buys 50% in Bailey44
Norwest Venture Partners has acquired a 50% stake in Bailey44, a privately held women’s apparel brand. Bailey44 was formed in 2006. With this investment, NVP’s Sonya Brown and Rob Arditi have joined Bailey44’s board.
- Ravello Systems Closes Second Round
Cloud service provider Ravello Systems has closed its second round of funding bringing the total amount raised to $26 million. Ravello is now backed by Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners.