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Salesforce.com joins Adaptive Planning's $45 mln roundAdaptive Planning said Wednesday that Salesforce.com and other private and corporate investors have joined its latest $45 million funding round. Also, new investor Jeff Epstein, an operating partner at Bessemer Venture Partners, has been named as a senior advisor to the company. Headquartered in Palo Alto, Calif., Adaptive Planning is a provider of cloud-based business and financial analytics solutions for companies and nonprofits. It is backed by Bessemer Venture Partners, Norwest Venture Partners, Royal Bank of Canada, ONSET Ventures, Monitor Ventures and Cardinal Venture Capital.
- Walker, Gregorka Join Baird Capital
Baird Capital said Tuesday that Nicole Walker and David Gregorka have joined the Venture Capital group. Both will focus on investment opportunities in the healthcare sector. Walker, who joins Baird as a director, was previously Director of Venture Investments for Abbott Ventures. She is based in Chicago. Gregorka previously co-founded HealthMedia, now called Wellness & Prevention, a Johnson & Johnson Co. Gregorka, who is based in Ann Arbor, Mich., is a venture partner. Baird Capital is the direct private investment arm of Robert W. Baird & Co.
- Vertos Medical Raises Nearly $23 Mln in Financing
Vertos Medical said on Wednesday that it has raised nearly $23 million in financing. Pitango Venture Capital was the lead investor. Existing investors ONSET Ventures, CHL Medical Partners, Foundation Medical Partners, Mercury Fund and Aweida Venture Partners also participated in the round. Vertos Medical is a provider of treatment for patients suffering from lumbar spinal stenosis.
- 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.
- BAROnova Closes Series C
trong>BAROnova has closed its Series C financing of $27.3 million, led by investments from Sante Ventures and Boston Scientific Corporation, an innovator of medical devices and technologies. Investors included Series B investors ONSET Ventures, Highland Capital Partners and Arboretum Ventures, along with new investor Lumira Capital. Financial terms were not disclosed.
- Nok Nok Labs Adds $15M From ONSET, Doll
Nok Nok Labs, a Silicon Valley startup that is developing technology to help companies quickly validate the identities of their users over the Internet, said on Tuesday that it has raised $15 million in early financing from ONSET Ventures and Doll Capital Management, Reuters reported. The firm, which was founded in November 2011, is collaborating with companies including Ebay Inc.'s PayPal electronic payment division, PC maker Lenovo Group Ltd. and semiconductor maker Infineon Technologies AG to establish standards to help businesses quickly authenticate a person's identity from mobile phones, PCs and any other device that is connected to the Web.
- Security Startup Nok Nok Labs Already Knocked on VCs' Doors
Nok Nok Labs, which develops authentication technology for the cloud, came out of stealth today and launched its product and services. The venture-backed company was founded by CEO Phillip Dunkelberger, who previously launched encryption company PGP Corp. He founded Nok Nok in 2011 and raised a $15 million Series A round that same year from ONSET Ventures and DCM.
500 Startups Names A Chinese Partner As VCs Pack Its Demo DayThe place to be in Silicon Valley on Wednesday was 500 Startups’ latest demo day, judging by the number of venture capitalists who attended. The busy affair drew partners from New Enterprise Associates, Canaan Partners, Onset Ventures, Draper Fisher Jurvetson, Khosla Ventures and Emergence Capital Partners.
- VC Holiday Card Tradition Continues With Gangnam, Pinterest Spoofs
First Round, Onset and SRS … which was your favorite?