124 Views

Travel startup GoEuro raises $27 mln

New Enterprise Associates has led a $27 million Series A funding round in Berlin-based travel planning startup GoEuro. Existing backers Battery Ventures, Hasso Plattner Ventures and Lakestar also participated in the round. The company, which allows travelers to schedule trips on planes, trains and buses, had previously raised a $4 million seed-stage round from Battery and Hasso Plattner. As part of the Series A funding, NEA General Partner Forest Baskett has joined the board.

Jessica Alba by Mario Anzuoni for Reuters
521 Views

The Honest Company raises $70 mln

The Honest Company, which was co-founded by the actress Jessica Alba and which sells eco-friendly natural, non-toxic products online, has raised $70 million in a round led by funds associated with Wellington Management Company.

193 Views

IVP leads funding of ZipRecruiter

The online job board site ZipRecruiter announced it has raised a $63 million Series A round of funding round led by Institutional Venture Partners. Basepoint Ventures and Industry Ventures also participated in the funding. A part of the round, Eric Liaw, a principal at IVP, has joined the board.

193 Views

IVP adds Hsu as associate

Institutional Venture Partners has added Bryan Hsu as an associate. He will focus on later-stage investments across in enterprise software, Internet and digital media, and mobile. Hsu was previously with Qatalyst Partners in an Francisco.

158 Views

Smart cup maker raises $3 mln from Felicis, Horizons

Felicis Ventures and Li Ka-shing’s Horizons Ventures co-led a $3 million seed-stage funding in Mark One, a San Francisco-based maker of the smart cup Vessyl. The connected device keeps track of nutrients and other qualities of what a consumer drinks out of the cup.

Nervana feeling good with $3.3 mln funding led by DFJ

Nervana Systems, a developer of artificial intelligence algorithms, announced it has raised $3.3 million in a Series A round led by DFJ. Also participating in the round are current investor Allen & Co, Jerry Yang’s AME Cloud Ventures and Fuel Capital. As part of the funding, Steve Jurvetson has joined the board. The company previously raised $600,000 in funding.

175 Views

Storage software company PernixData raises $35 mln from Menlo, KP, Benioff and others

Menlo Ventures led an oversubscribed $35 million Series C funding round for PernixData, a San Jose, California-based provider of software that virtualizes server-side flash to enable scale-out storage performance. The round also included Salesforce CEO Marc Benioff, Silver Lake co-founder Jim Davidson and Seagate CEO Steve Luczo. Previous investors Kleiner Perkins Caulfield and Byers, Lightspeed Venture Partners an individual investors Lane Bess, Mark Leslie and John Thompson also participated. The company has now raised $62 million since it was founded two years ago. As part of the round, Menlo Managing Director Mark Siegel has joined the board in an advisory role.

207 Views

Lone investor Sequoia ups its investment in Medallia

Medallia, which provides SaaS-based customer experience management software, announced it has raised $50 million in capital from Sequoia Capital. The Palo Alto, California-based company has now raised $105 million in total funding, all of it from Sequoia.

140 Views

Redpoint backs cloud company Platform9

Platform9, founded by a group of virtualization experts who previously were with VMware, announced that it has raised $4.5 million in Series A funding from Redpoint Ventures. The Sunnyvale, California-based company, which provides datacenter management technology, also came out of stealth mode today. As part of the funding, Redpoint Ventures Partner Satish Dharmaraj has joined the board.

317 Views

Online marketplace Weddington rings up $9 mln in Series A

Weddington Way, which operates an online marketplace for bridesmaid dresses, has raised $9 million in Series A funding led by Javelin Venture Partners. Existing investors Battery Ventures, Felicis Ventures and Trinity Ventures also participated. San Francisco-based Weddington has now raised $11.5 million in total funding. As part of the round, Alex Gurevich and Jed Katz from Javelin have joined the board.

173 Views

Practice Fusion scoops up Telemedicine startup Ringadoc

Electronic medical records management company Practice Fusion announced it has acquired Ringadoc for an undisclosed amount. Ringadoc, which provides a patient-doctor communication platform that allows doctors to answer after-hours calls and messages and provide a diagnosis, had previously raised about $1.7 million in seed funding.

184 Views

RockYou raises $10 mln in debt from FastPay

RockYou, a San Francisco-based provider of an advertising platform for social games, has raised $10 million in debt financing from FastPay. RockYou said it will use the funding to acquire titles, which is similar to what it did in April when it purchased three Playdom games from Disney, as reported by VentureBeat. RockYou, which recapitalized in 2012, had raised about $130 million in prior venture funding, according to Thomson Reuters (publisher of peHUB).

Wing Venture leads Series B funding of Moogsoft

Moogsoft, which provides service assurance software to help companies detect anomalies in online traffic, announced it has raised $11.3 million in Series B funding. Wing Venture Capital, a new investor, led the round, which also included returning investor Redpoint Ventures. The San Francisco-based company has now raised about $18 million in total funding. As part of the latest round, Peter Wagner, founding partner of Wing Venture Capital, has joined the board.

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