Meritech leads Series C round for ForgeRock

ForgeRock said Thursday that it has secured $30 million in Series C funding. Meritech Capital Partners led the round with participation from Accel Partners and Foundation Capital. In addition to the funding, Paul Madera, co-founder and managing director of Meritech, has been added to ForgeRock’s board of directors. ForgeRock is a provider of identity relationship management solutions.

Nokia’s HERE to buy VC-backed Medio Systems

Nokia subsidiary HERE is planning on buying Medio Systems. No financial terms were disclosed. Based in Seattle, Medio Systems is a provider of predictive analytics for mobile applications. Its backers included Mohr Davidow Ventures, Trilogy Equity Partnership, Accel Partners and Frazier Technology Ventures.


SAP Ventures leads Series B round for Krux

Krux, a provider of cloud-based data management solutions, has closed $35 million in Series B funding. SAP Ventures led the round with participation from Time Warner Investments, Visionnaire Ventures, Temasek, Accel Partners, IDG Ventures and The Entrepreneurs Fund. In addition to the funding, Nino Marakovic, CEO and managing director of SAP Ventures, will join Krux’s board.


T. Rowe Price leads $50 mln round for Plex

Plex said Tuesday that it has received $50 million in funding. T. Rowe Price led the round with participation from return backer Accel Partners. Pacific Crest Securities was financial advisor to Plex on this transaction. Headquartered in Troy, Michigan, Plex is a provider of ERP solutions for the manufacturing business.


Bally agrees to buy VC-backed Dragonplay

Bally Technologies has agreed to buy Israeli social casino firm Dragonplay for approximately $100 million. The transaction is expected to close in July 2014. The Raine Group provided financial advice to Dragonplay on the deal. Dragonplay was backed by Accel Partners, Entrée Capital and Founder Collective.


Trifacta nets $25 mln Series C

Trifacta said Thursday that it has received $25 million in Series C financing. Ignition Partners led the round with participation from return investors Greylock Partners and Accel Partners. Concurrent with the funding, Frank Artale, a managing director at Ignition Partners, has joined the Trifacta board. Based in San Francisco, Trifacta is a data transformation platform provider.


DataPad snags $1.7 mln seed funds

DataPad has secured $1.7 million in seed funding. The investors included Accel Partners, Google Ventures, a 16z Seed Fund, SV Angel and Ludlow Ventures. Based in San Francisco, DataPad is a developer of next-generation data discovery for teams.

SumoLogic photo.low res

Sequoia backs Sumo Logic

Sumo Logic has raised $30 million in a round led by Sequoia Capital, with participation from existing investors Greylock Partners, Sutter Hill Ventures and Accel Partners. Sumo Logic is a next generation machine data analytics company.


Home solar company Sunrun snags $150 mln

Home solar firm Sunrun has closed $150 million in equity financing. The investors were not named although according to the firm, a “leading public institutional investor” led the round. Sunrun’s previous backers include Accel Partners, Sequoia Capital, Foundation Capital and Madrone Capital Partners.

Netskope nets $35 mln Series C funds

Netskope said Thursday that it has secured $35 million in Series C funding. Accel Partners led the round with participation from Lightspeed Venture Partners and The Social+Capital Partnership. In addition to the funding, Eric Wolford, a partner at Accel Partners, will join Netskope’s board. Headquartered in Los Altos, Calif., Netskope is a provider of cloud app analytics.


PeopleDoc secures $17.5 mln Series B from Accel Partners

PeopleDoc has secured $17.5 million in Series B funding from Accel Partners. PeopleDoc is a provider of global HR governance solutions. Previous PeopleDoc investors, including Alven Capital and Kernel Investissements also participated in the round.


VC-backed M&A shifts to smaller deals: VCJ

Although large venture-backed acquisitions like WhatsApp and Nest Labs have dominated the headlines, most deals so far in 2014 are modest in size, an analysis by affiliate publication Venture Capital Journal has found.

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