Premji Invest related stories
All articles and analysis
ServiceMax pulls in $82 mln Series FField service management software provider ServiceMax has raised $82 million in Series F funding. Premji Invest led the round with participation from other investors that included GE Ventures, PTC Inc, Cloud Apps Capital, Emergence Capital Partners, KPCB, Mayfield, Meritech, Adams Street Partners, Crosslink Capital, Questmark Partners, Sozo Ventures and Trinity Ventures.
- Alibaba, Foxconn lead $500 mln investment in Snapdeal
Alibaba Group, Foxconn and SoftBank have led a $500 million investment in Snapdeal. Existing investors Temasek, BlackRock, Myriad and Premji Invest also participated in this round. Snapdeal is an online marketplace in India.
- Coupa Software scores $80 mln
Cloud-based financial applications provider Coupa Software has raised $80 million in funding. T. Rowe Price Associates Inc and Iconiq Capital led the round with participation from other investors that included Premji Invest, Crosslink Capital, Battery Ventures, El Dorado Ventures and Rally Ventures. Also, Qatalyst Partners was the placement agent.
- Cyanogen raises $80 from Twitter, Rupert Murdoch and others
Palo Alto, California and Seattle-based Cyanogen Inc, a mobile operating system, has closed $80 million in Series C funding. Premji Invest led the round with participation from other investors that included Twitter Ventures, Qualcomm Incorporated, Telefónica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, Benchmark, Andreessen Horowitz, Redpoint Ventures and Tencent Holdings Ltd.
SoftBank to invest $627 mln in VC-backed e-commerce site SnapdealThe SoftBank Group has agreed to invest $627 million in India e-commerce site Snapdeal, raising its overall total funding to over $1 billion.
Kleiner Perkins leads $106 mln round in big data company DataStaxDataStax, which provides a big data platform built on Apache Cassandra, has raised a $106 million Series E round of funding in what is likely a pre-IPO round. The round was led by Kleiner Perkins Caufield & Byers. Joining the round are ClearBridge Investments, Cross Creek Advisors, Wasatch Funds, PremjiInvest and Comcast Ventures. The Santa Clara, Calif.-based company has now raised $190 million in total funding, including a $45 million Series D round in July 2013 /2013/07/big-data-company-datastax-raises-45m-series-d/
peHUB First ReadThis mid-week morning, First Read brings you CVC's first buy from its latest Asia fund, fundraising news from Victory Park Capital, women standing firm as institutional investors and a look at CalSTRS' top performing fund managers coming back to market.