Credit Karma raises $75 mln in growth round

Google Capital, Tiger Global Management and Susquehanna Growth Equity have provided a $75 million add-on growth round in Credit Karma, a consumer finance and technology company. Google Capital’s portion of the funding is subject to regulatory approval and is expected to close in the fourth quarter. Credit Karma has raised a total of $193.5 million from Google Capital, Tiger, Susquehanna, Ribbit Capital, Felicis Ventures, QED Investors, Founders Fund and SV Angel.

conferencesecurity
489 Views

Carlyle gave LPs option not to use smart badges

The high tech name badges that The Carlyle Group used to track the movements of its limited partners at its annual meeting in September are part of a suite of technologies being used increasingly by conference organizers and event planners.

autumntree
627 Views

peHUB First Read

To end your week, First Read has news about anti-Facebook social network Ello, Google’s efforts to increase diversity and why Hong Kong couples are being encouraged to get frisky.

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Maveron, Madrona Venture Group lead $14 mln Series A funding in Pro.com

Maveron and Madrona Venture Group have led a $14 million Series A funding in Pro.com, a pricing engine for estimating the cost of a home project. Some previous investors joined the funding round. Pro.com previously raised $3.5 million in seed funding from investors including Andreessen Horowitz, Madrona, Redpoint, Bezos Expeditions, Two Sigma Ventures and Sherpa Ventures. Dan Levitan, co-founder and partner of Maveron, and Scott Jacobson, managing director of Madrona Venture Group, will join Pro.com’s board of directors.

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NGP-backed Bravo agrees to $250 mln investment in Canaan Natural Gas PE Funds

Bravo Natural Resources, backed by Natural Gas Partners, has agreed to buy producing and gathering assets from Oklahoma City-based Canaan Natural Gas PE Funds for $250 million in cash. Closing is expected in the fourth quarter. The deal includes 950 operated and non-operated wells producing from various sites in the Arkoma Basin of southeast Oklahoma.

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PowWow raises $2.5 mln in Series A funding

PowWow, Inc., an application delivery platform, has raised $2.5 million in Series A funding. Investors include OurCrowd, Vertical Venture Partners, IT-Farm, Julien Nguyen, Prabhu Goel and Kumar Malavalli.

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Atlas Ventures, KEC Ventures lead $3 mln funding in Wedding Spot

Atlas Ventures and KEC Ventures have led a $3 million funding round in Wedding Spot, an online marketplace for future brides and grooms to search, price and book wedding venues. Other participants in the funding included Great Oaks Venture Capital, Maiden Lane, Canyon Creek Capital, former chief executive officer of Expedia Erik Blachford, Eric Liaw […]

398 Views

Riverside Company invests in Medical Payment Exchange

The Riverside Company has invested in Medical Payment Exchange, which provides healthcare providers a way to manage their reimbursement claims by bundling claims into manageable cash flow streams. Riverside has completed more than 70 healthcare deals.

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Venrock leads $18 mln Series B funding in Jiff

Venrock has led an $18 million Series B funding in Jiff, a digital health technology company. Other participants in the funding included Aberdare Ventures and Aeris Capital. Jiff has raised $25.8 million since inception.

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NexSteppe raises $22 mln in new funding

NexSteppe, a seed company that develops crops that provide raw materials for biofuels, biopower and bio-based products, has raised $22 million in funding. The funding round included new investors Total Energy Ventures and ELFH Holding, a vehicle of the Berninghausen family in Germany. Existing investors Braemar Ventures, CYM Ventures, DuPont Ventures and others also joined in the funding.

TVC Capital leads $9.5 mln Series A funding in Centage Corporation

TVC Capital has led a $9.5 million Series A funding in Centage Corporation, which provides budgeting and forecasting software for small and medium-sized businesses. Other participants in the funding included Northgate Capital. Jeb Spencer of TVC Capital and Jared Stone of Northgate also will join the company’s board of directors.

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Accel, Ribbit Capital invest $35 mln in Invoice2go

Accel Partners and Ribbit Capital have invested $35 million in funding in Invoice2go, a mobile app to manage cash flow through invoicing, expense tracking and reporting tools. Along with the funding, Invoice2go is opening an office in Palo Alto, California and has named Greg Waldorf, CEO-in-Residence at Accel, as its new chief executive officer.

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