Odesk, a Redwood City, Calif., platform for finding and hiring remote freelance workers, has received $15 million in Series D funding led by T. Rowe Price Associates. Other investors in the round include Benchmark Capital, Globespan Capital Partners and Sigma Partners. The nine-year-old company has now raised a total of $44 million in funding. PRESS RELEASE: [...]

Framingham, Mass.-based social communications business Vivox has acquired Droplet, a developer of patented technology to deliver video chat on mobile networks. Vivox’s backers include Peacock Equity, Benchmark Capital, Canaan Partners, Grandbanks Capital and IDG Ventures San Francisco. PRESS RELEASE Vivox Inc., a leader in social communications, today announced its acquisition of Droplet Inc., a developer [...]

Stormpath has raised $1.5 million in seed funding. The company is building anidentity access control service for cloud and enterprise applications. Investment firms Flybridge Capital Partners and New Enterprise Associates led the round. Angel investors include Andy Rachleff, CEO of Wealthfront and co-founder of Benchmark Capital, and Len Lehmann, investor and former chairman of Global [...]

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 [...]

The most active VCs in the space include New Enterprise Associates, Scale Venture Partners, Trinity Venture Partners, Benchmark Capital, Bessemer Venture Partners and Google Ventures, says a new report.

If Yelp is valued at $14 per share, Benchmark’s shares would be worth $163M, Bessemer’s would be worth $163M and Elevation’s would be worth $118M.

Marin Software, the California-based ad management platform, has raised a $30 million round led by strategic investor Temasek, joined by the arm of another corporation, SAP Ventures. The round, which, according to the company’s statement, was oversubscribed, also included prior backers Benchmark Capital, Crosslink Capital, DAG Ventures, and Triangle Peak Partners. PRESS RELEASE: SAN FRANCISCO, [...]

Polyvore, a fashion community website, has raised $14 million in Series C financing, led by DAG Ventures with participation from new investors Goldman Sachs and Vivi Nevo (NV Investments). Early Polyvore investors Benchmark Capital and Matrix Partners also participated in the funding round. PRESS RELEASE Polyvore, Inc., the web’s largest fashion community site, today announced [...]

Emeryville, Calif.-based e-commerce and marketing company Lithium Technologies has raised a whopping $53.4 million in new capital. New investor New Enterprise Associates led the round, with participation from new backer SAP Ventures as well as “all existing Lithium investors,” the company said. Lithium previously raised capital from investors including DAG Ventures, Tenaya Capital, Benchmark Capital, Emergence Capital and Shasta Ventures. The Series D round will go towards growth, including bolstering sales and marketing efforts.

Akamai Technologies Inc. is paying $268 million to acquire venture-backed competitor Cotendo. Web and mobile acceleration services provider Cotendo was founded in 2008, and is based in Sunnyvale, Calif.-based, with a technology center in Israel. Cotendo has raised venture financing from investors including Sequoia Capital, Benchmark Capital and Tenaya Capital.