Charles Jolley has joined Battery Ventures as an Entrepreneur in Residence in its Menlo Park office. Most recently, Jolley was Facebook’s Mobile Platform Head of Product and co-founder of Strobe, a mobile software company that was acquired by Facebook.
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Gainsight, a provider of customer service management software, has raised a $9 million Series A round led by Battery Ventures. The company, formerly known as Jbara Software, uses big data analytics to monitor and predict customer behavior. Gainsight previously raised about $300,000 in seed-stage funding. As part of the Series A round, Roger Lee, a general partner at Battery Ventures, has joined the board. The company also named Nick Mehta as CEO.
Relay Foods said it raised $8.25 million. Few details were provided. The online foods market place said its investors were “market, tech, and social impact investors and investment funds.” Relay Foods added that it remains a Battery Ventures and TomorrowVentures portfolio company.
Relay Foods, a Charlottesville, Va.-based company that tries to make it easier for online users to shop for local and organic foods online, has hired Jill Douthit as its new CFO. Douthit previously served as VP of finance at Relias Learning and before that, as finance director for Silverchair Learning Systems. Relay has raised $3.1 million in funding, including from Battery Ventures.
Diablo Technologies Inc., an Ottawa, Ontario-based maker of memory system interface products, has raised C$7.5 million in additional financing, expanding its latest venture capital round to C$36 million. The new funds include a first-time investment from U.S. Venture Partners (USVP), with USVP partner Chris Rust joining Diablo’s board of directors. Additional funds came from the company’s existing investors, which include Battery Ventures, BDC Venture Capital, Celtic House Venture Partners and Hasso Plattner Ventures.
Catchpoint Systems, a New York-based maker of online performance monitoring software, has raised $3.2 million in Series A financing led by Battery Ventures. Catchpoint was founded in 2008.
Agari has announced a $5 million strategic investment and the addition of two new executives. An undisclosed strategic investor and existing investors Alloy Ventures, Battery Ventures, First Round Capital and Greylock Partners participated in the round. Ingrum Putz has joined the company as vice president of engineering and Vidur Apparao as chief technology officer.
Catch up on the latest private equity and venture capital-related links after the weekend which give us the lowdown on Battery Ventures’ most recent fund performance; the latest Asian private equity news and what is boosting OMERS’ returns.
Battery Ventures announced that it has raised $650 million for its 10th fund, and a $250 million side fund to support later stage, growth and buyout deals. The firm said it began raising the fund in October. Battery Ventures raised $750 million for its ninth fund, which closed in early 2010.