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API company Apigee raises $60 mln from Pine River, Wellington, others

Apigee, which makes software for companies to manage application programming interfaces (APIs), announced this morning that it has raised $60 million from new investors Pine River Capital Management and Wellington Management Co, as well as prior investors. The San Jose, Calif.-based company said it has raised $171 million to date. The valuation for the new round was undisclosed. Just four months ago Apigee raised $20.5 million at a post-money valuation of $414.03 million from Bay Partners, Norwest Venture Partners and Third Point, according to Thomson Reuters (publisher of peHUB). Apigee’s other investors include AccentureBlackRock-managed funds, Focus Ventures and SAP Ventures.

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MuleSoft raises $50 mln

San Francisco-based MuleSoft announced today that it has raised a $50 million round that was led by existing investors New Enterprise Associates and Lightspeed Venture Partners as well as new investor Meritech Capital Partners. Also participating in the round are Cisco, Salesforce, SAP Ventures, Hummer Winblad Venture Partners, Canvas Venture Fund and Bay Partners. The company has now raised $131 million in total funding.

NEA Leads $37M Round in MuleSoft

MuleSoft, which provides enterprises with a cloud-based platform to integrate its mobile and on-premise data and applications, has raised $37 million in new funding. New Enterprise Associates lead the round, with participation from Salesforce.com, as well as returning investors Hummer Winblad Venture Partners, Morgenthaler Ventures, Lightspeed Venture Partners, SAP Ventures and Bay Partners. The company has now raised about $81 million in capital since 2006.

Zenprise Appoints President and CEO

Zenprise, a secure mobile device management provider, has appointed Amit Pandey as president and chief executive officer, effective immediately. The company raised $30 million growth financing in October last year. The round, led by Greylock Partners, also included participation from existing shareholders Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures. PRESS RELEASE […]

Top 10 Posts Feature Hot IPO Prospects, Fund Performance and Promotions at Carlyle and TA

The big news today is that Facebook is reportedly planning to register to go public next week. It should come as no surprise, then, that our most popular post this week was about this year’s prime IPO candidates. Other hot topics included the above-average performance of the San Francisco Employees’ Retirement System’s PE portfolio, a surge in VC investing and promotions at Carlyle and TA Associates. Here are the top 10 posts peHUB’s regular readers found most compelling from Jan. 23 to Jan. 27

1. Slideshow: Bring on the 2012 IPO Candidatesby Joanna Glasner
2. Scorecard: San Francisco Builds A Winning PE Portfolioby David Toll
3. Venture Investing Rebounds In 2011 With Early Stage Leaping To A 10 Year High: Slideshowby Mark Boslet
4. Aydin Senkut Recalls a Game of Pool with Aaron Levie Led Him to Milo.com: PHOTOSby Alastair Goldfisher
5. Slideshow: Smart Grid, Smart Play?by Jonathan Marino
6. TA Associates Promotes Eightby peHUB staff
7. Carlyle Promotes 41 Execsby peHUB staff
8. Global PE M&A Does Well in 2011by Angela Sormani
9. TransDigm Group Acquires AmSafe Globalby peHUB staff
10. Battery, Bay and USVP Could See 22x Return from Guidewire IPOby Lawrence Aragon

Battery, Bay and USVP Could See 22x Return from Guidewire IPO

Battery Ventures, Bay Partners and U.S. Venture Partners hit a grand slam with today’s IPO of Guidewire Software Inc., which makes software for insurance companies. As a group, the three venture firms hold about 25 million shares valued at about $428 million at today’s closing price of $17.12. The firms invested a modest $19.5 million […]

Plastic Jungle Gets a New Backer

California-based gift card exchange Plastic Jungle received a strategic investment from Citi Ventures, the unit of listed financial services firm Citigroup. Specifics of the transaction were not publicized. Plastic Jungle, in prior rounds, has taken on more than $20 million from investors including Shasta Ventures, First Round Capital, Harrison Metal Capital, Redpoint Ventures, Bay Partners and Jafco Ventures.

OncoMed Promotes

OncoMed Pharmaceuticals, a clinical-stage company developing therapeutics that target cancer stem cells, has promoted Jakob Dupont, formerly vice president, clinical research to senior vice president and chief medical officer. Privately-held, OncoMed’s investors include US Venture Partners, Latterell Venture Partners, The Vertical Group, Morgenthaler Ventures, Phase4 Ventures, Delphi Ventures, Adams Street Partners, De Novo Ventures, Bay […]

Apigee Inks $7M in Fresh Capital – Filing

Apigee Corp., a maker of API products and technology for developers and companies, has added $7 million in fresh capital, according to a regulatory filing. The company is backed by Norwest Venture Partners, Bay Partners, SAP Ventures, Juniper Networks, Net One Systems and Third Point Management Company. The company, previously known as Sonoa Systems, is based in Palo Alto, Calif.

Greylock Leads $30M Round for Zenprise

Zenprise Inc. has raised $30 million in new financing led by Greylock Partners. The round, which included participation from existing shareholders Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures, will be used for growth. Zenprise, a maker of mobile device management software, aims to bolders its product development, sales and marketing efforts. Zenprise also announced that Asheem Chandna of Greylock has been named to the board.

Eloqua Files for $100M IPO

(Reuters) – Eloqua Limited, which provides revenue performance management (RPM) software solutions, filed with regulators to raise up to $100 million in an initial public offering of its common stock. In a filing with the U.S. Securities and Exchange Commission on Wednesday, the company — which uses its proprietary Eloqua platform as a software-as-a-service platform […]

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Buddy Media Raises $54M

Buddy Media, which helps advertisers and brands manage their presence on social networking sites like Facebook, has raised $54 million in new financing, the company announced Monday. Buddy Media sealed a $500 million valuation with the current round, according to media reports. GGV Capital, Institutional Venture Partners and Bay Partners, as well as new investor Insight Venture Partners contributed to the Series D funding. GGV partner Jeff Richards is joining the company’s board.

Guidewire Hires Underwriters for IPO

(Reuters) – Guidewire Software Inc, which sells software to the insurance industry, is gearing up to go public and has selected JPMorgan Chase & Co and Deutsche Bank to underwrite the deal, people close to the matter said. The Silicon Valley-based company is regarded to be the leading software maker for the $1.7 trillion property […]

ParAccel Closes Series E Of About $15M With Amazon Joining Existing Investors

ParAccel, Inc. said Wednesday it closed a Series E round of about $15 million with Amazon.com, Inc. joining existing investors Menlo Ventures, Mohr Davidow Ventures, Bay Partners, Walden International, Tao Venture Capital Partners and Silicon Valley Bank. The database developer will use the money to expand its sales force and engineering staff. The Campbell, Calif., […]

Compuware Buys VC-backed dynaTrace

Compuware Corp. paid $256 million in cash to acquire dynaTrace Software, a company backed by Bain Capital Ventures and Bay Partners. Boston-based dynaTrace, a provider of application performance management systems, has 180 employees. Practically all are expected to remain with Compuware, the company said Wednesday. Bain Capital Ventures invested in dynaTrace in mid-2006.

Third Point, RockPort, Madrone, Kleiner, Others To Benefit From Enphase IPO

Enphase Energy joined the list of top cleantech companies testing the IPO waters this year by filing for an IPO on Wednesday The company said in a S-1 registration statement submitted to the Securities and Exchange Commission that it plans to raise $100 million. A successful offering will benefit six venture investors with substantial stakes […]

Zenprise Adds Three to Executive Management

Zenprise, a maker of mobile device management software, has added Steve Valenzuela as chief financial officer; Todd Terbeek as vice president of business development; and Howard Greenfield as vice president of worldwide sales. Valenzuela was previously CFO at Rainmaker Systems, a publicly traded software-as-a-service company. Terbeek was previously vice president of sales and marketing at Lockdown Networks. Prior to Zenprise, Greenfield served as vice president of sales for Wanova, a provider of desktop virtualization solutions. With the latest news, Zenprise also said it had relocated to Redwood City, Calif. Zenprise is backed by investors including Rembrandt Venture Partners, Ignition Partners, Bay Partners, Mayfield and Shasta Ventures.

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