Posted on: May 14, 2013 by asormani
Car sharing marketplace RelayRides has acquired car sharing platform Wheelz. RelayRides has raised more than $13 million in venture capital funding from investors including Google Ventures, August Capital, Shasta Ventures and General Motors Ventures.
Tags: August Capital, General Motors Ventures, Google Ventures, Shasta Ventures
Posted on: May 9, 2013 by asormani
Victory Park Capital has announced a $25 million credit facility for Chicago-based AvantCredit, an online lending company offering loans between $1,000 and $10,000 to individuals. In addition to the credit facility, VPC also participated in AvantCredit’s Series A equity round led by August Capital.
Tags: August Capital, Victory Park Capital
Posted on: April 30, 2013 by Connie Loizos
The race to become the most sought-after analytics provider to brick-and-mortar retailers is on, with RetailNext bagging a $15 million Series C to help retailers track their customers’ every move.
Tags: Alexei Agratchev, August Capital, Benchmark Capital, Commerce Ventures, Euclid Analytics, Nokia Growth Partners, RetailNext, StarVest Partners
Posted on: March 21, 2013 by Connie Loizos
Devicescape, a San Bruno, Calif.-based WiFi software maker, has appointed Jeff Baeth to the position of CFO. Baeth joins the company from Jajah, where he served as CFO, helping facilitate the company’s sale to Telefonica S.A. in 2010. Devicescape has raised nearly $16 million in funding, including from Kleiner Perkins Caufield & Byers and August Capital.
Tags: August Capital, Devicescape, JaJah, Jeff Baeth, Kleiner Perkins Caufield & Byers Foundation Capital
Posted on: September 26, 2012 by asormani
Xirrus, a Wi-Fi device maker based in Thousand Oaks, Calif, has closed a $23.5 million Series E financing round. The funding was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners, and US Venture Partners.
Tags: August Capital, Canaan Partners, InterWest Partners, QuestMark Partners, U.s Venture Partners
Posted on: August 30, 2012 by Connie Loizos
Threadsy, a four-year-old startup that had raised $6.3 million from investors including August Capital and Harrison Metal Capital, was acquired last Friday by Facebook, according to a company blog post. Terms of the acquisition were not disclosed, though follow-on reports characterized the deal as an “acqui-hire,” meaning Facebook might have been more interested in the [...]
Tags: August Capital, Facebook, Harrison Metal Capital, Swaylo, Threadsy
Posted on: July 2, 2012 by Mark Boslet
It is not everyday that you find an exit for a 15 year old portfolio company and one that bring a more than 4x return on capital to boot.
Tags: August Capital, Bessemer Venture Partners, FirstMark Capital, Norwest Venture Partners, Spinnaker Capital, Summit Microelectronics
Posted on: June 18, 2012 by Mark Boslet
Qualcomm Inc. said it acquired Summit Microelectronics, a developer of programmable power integrated circuits based in Sunnyvale, Calif. No terms were disclosed. The company has a long list of venture backers, including Bessemer Venture Partners, Norwest Venture Partners, CID Group, HLM Venture Partners, Nokia Growth Partners, August Capital Management and FirstMark Capital, according to data [...]
Tags: August Capital, Bessemer Venture Partners, FirstMark Capital, HLM Venture Partners, Norwest Venture Partners, Qualcomm, Summit Microelectronics
Posted on: April 19, 2012 by Mark Boslet
Big data software maker Splunk floated shares at $17 this morning, and they are presently trading at $32.01, an 88.3% rise. The San Francisco company priced them above its anticipated $11 to $13 range and raised $229.5 million.
Tags: August Capital, Bazaarvoice, DemandWare, Guidewire Software, Ignition Partners, Infoblox, JK&B Capital, Proofpoint, Sevin Rosen, Splunk
Posted on: April 17, 2012 by Reuters News
Forget Facebook. The fate of the IPO market this week could depend on the public offerings of three lower profile enterprise companies backed by venture firms: Splunk, Infoblox and Proofpoint.
Tags: August Capital, Benchmark Capital, Infoblox, IPOs, Mohr Davidow Ventures, Proofpoint, RRE Ventures, Sequoia Capital, Sevin Rosen, Splunk, Tenaya Capital