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Apptio Closes $50 Million Series D Round, Led By T. Rowe Price

Posted on: March 15, 2012 by Connie LoizosNo Comments »

Apptio, a five-year-old, Seattle-based company that sells enterprise software as a service to manage IT and operations at large companies, has closed a $50 million Series D round led by T. Rowe Associates. Existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group and Shasta Ventures also participated in the financing, which brings Aptio’s funding to date [...]

Boku Raises $35M

Posted on: March 15, 2012 by Staff ReporterNo Comments »

Mobile payments start-up Boku has raised $35 million from investors including New Enterprise Associates, Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures and Khosla Ventures, as well as Telefonica SA, Spain’s largest phone company. Formed in 2008, San Francisco-based Boku has raised $75 million so far and operates in 67 countries. PRESS RELEASE BOKU, the [...]

Andreessen Horowitz Leads $6.25 Mln Round for NationBuilder

Posted on: March 8, 2012 by Luisa BeltranNo Comments »

NationBuilder said Thursday it secured $6.25 million in funding led by Andreessen Horowitz. NationBuilder Co-Founder Joe Green was named president, while Ben Horowitz and Sean Parker have joined the company’s board. Los Angeles-based NationBuilder is a community organizing system. PRESS RELEASE NationBuilder, creators of the first community organizing system, today announced it has secured $6.25 [...]

DollarShaveClub Puts together $1M Round

Posted on: March 6, 2012 by Jonathan MarinoNo Comments »

DollarShaveClub.com, the membership service offering high-quality shave razors, launched out of Science Inc. with a $1 million seed round co-led by Kleiner Perkins Caufield & Byers and Forerunner Ventures. Other investors include Andreessen Horowitz, Shasta Ventures, Felicis Ventures, White Star Capital and individual backers Shervin Pishevar, Dennis Phelps, and David Honig. PRESS RELEASE: DollarShaveClub.com, a [...]

Jumio’s Great and Powerful Backer Revealed to be Andreessen Horowitz

Posted on: March 6, 2012 by Jonathan MarinoNo Comments »

In the mobile payment space, relationships may be what separates industry titans from well-funded flops–but Jumio just announced it has a boldface partner.

Andreessen Horowitz: the Smartest Firm in the Valley or the Most Dangerous?

Posted on: January 31, 2012 by Connie Loizos3 Comments »

As most industry observers already know, today Andreessen Horowitz, the Sand Hill Road firm, announced it has closed on $1.5 billion in fresh capital, bringing the money raised by the firm – founded less than three years ago — to a stunning $2.7 billion. Whether that’s good news or bad for Silicon Valley is an [...]

Tidemark Inks $24M

Posted on: January 18, 2012 by Clancy NolanNo Comments »

Tidemark, a maker of enterprise performance management software, has raised $24 million in new financing. Redpoint Ventures led the round along with existing investors Greylock Partners, Andreessen Horowitz and Dave Duffield, co-founder and co-CEO of Workday. The Redwood City, Calif.-based company has raised a total of more than $35 million.

Fab.com Buys FashionStake

Posted on: January 13, 2012 by Clancy NolanNo Comments »

Design-focused flash sales site Fab.com has acquired NYC-based FasionStake. Terms of the deal were not released, though the company said that FashionStake founders Vivian Weng and Daniel Gulati will join Fab.com. FashionStake is an online marketplace for independent designers. Fab.com is backed by more than $50 million from investors including Andreessen Horowitz, Menlo Ventures, First Round Capital, Baroda Ventures, SoftTech VC, and A-Grade Investments, an angel fund co-founded by actor Ashton Kutcher and friends Guy Oseary and Ron Burkle.

Flotype Raises $1.4M From Andreessen Horowitz, Ignition, Others

Posted on: January 6, 2012 by Mark BosletNo Comments »

Flotype has raised $1.4 million in seed funding from Andreessen Horowitz, Ignition Partners, Yuri Milner, Salesforce.com and Y Combinator, according to news reports posted on the company’s Web site. Below is a story from GeekWire. NEWS STORY Flotype raises cash from Ignition, Salesforce and others to help coders build applications faster Flotype, a cloud startup led [...]

Jawbone Raised $160M Last Year: Now What?

Posted on: January 5, 2012 by Connie Loizos1 Comment »

In the last twelve months, Jawbone, a 12-year-old, San Francisco-based company best known for its elegant Bluetooth headsets, has raised an astonishing $159 million, including $40 million just weeks ago from J.P. Morgan Asset Management, Kleiner Perkins Caufield & Byers, Deutsche Telekom, and Russian investor Yuri Milner. While the company didn’t disclose the valuation of its latest round, the Wall [...]