On The Run Tech is Formed

Postcard on the Run has formed On The Run Tech, its parent company that specializes in building mobile apps that let users create customized physical products right from their mobile device. On The Run Tech recently closed a seed round of $1.3 million bringing the total amount of funding to date to $2 million. Selena Gomez, an investor and creative advisor to the company, participated in the new round along with Crosslink Capital, Crosscut Ventures, Siemer Ventures, Miramar Venture Partners, Newport Coast Investments and Double M Capital among other investors.

ServiceMax Inks $27 Million New Funding

ServiceMax, a provider of cloud-based, mobile and social field service applications has secured $27 million series D investment led by Crosslink Capital. Also participating in the round were Emergence Capital Partners, Mayfield Fund and Trinity Ventures. ServiceMax has raised $52 million to date.

Validity Sensors Secures $20m Series E led by TeleSoft Partners

Validity Sensors, a Natural ID™ authentication business has secured approval for $20 million in Series E financing. The first closing of $10 million took place on October 4th, 2012 and was led by TeleSoft Partners, along with full participation from existing investors, including Crosslink Capital, Panorama Capital, Qualcomm Ventures and Venture Tech Associates.

Big Data Company DataStax Racks Up Third Round of Funding

DataStax, the provider of the open source database management system Apache Cassandra, has raised a $25 million Series C round of funding. Meritech Capital Partners led the round, with participation from existing investors Lightspeed Venture Partners and Crosslink Capital. The company has now raised $38.7 million in fudning since 2010.

Crosslink Raises $320 Mln with Latest Fund

Crosslink Capital said it raised $320 million for its latest fund. Crossover Fund VI will be actively invested through April 30, 2018 and 6% of total funding has been committed by Crosslink’s General Partners and employees. Crosslink, of San Francisco, is s venture capital and growth equity firm with over $1.8 billion in assets. Investments include Pandora, Ancestry.com and Omniture.

Kiip Gets Backing from Japanese Internet Giant Digital Garage

Mobile rewards network Kiip has secured financing from Japanese Internet business Digital Garage. The strategic investor joins the company’s most recent $11 million round of Series B funding. The company is backed by Relay Ventures, Hummer Winblad, True Ventures, Verizon Ventures, Crosslink Capital and others.

Reuters – Equinix Sells Data Centers

Equinix plans to sell 16 data centers in the United States to an investment group for about $75 million, writes Reuters. The investment group consists of 365 Main, Crosslink Capital and Housatonic Partners. Reuters – Equinix Inc said it plans to sell 16 data centers in the United States to an investment group for about […]

Turner Buys Venture Backed Bleacher Report

Turner Broadcasting System, Inc. said it acquired the venture backed Bleacher Report. The sports property has backers including Crosslink Capital, Oak Investment Partners and Hillsven Capital. PRESS RELEASE Turner Broadcasting System, Inc. Acquires Bleacher Report
Leading Sports Digital Property Joins Turner Sports Portfolio Turner Broadcasting System, Inc. has acquired Bleacher Report (B/R), one of the fastest-growing […]

Global Analytics Gets $25M From Mohr, Crosslink, Others

Global Analytics Holdings said it received a $25 million Series D round of funding led by Mohr Davidow Ventures and joined by Crosslink Capital and a number of private investors. The company plans to use the money to develop Zebit, a big data platform for financial transactions. PRESS RELEASE Zebit Lands $25 million in Venture […]

SilkRoad Raises $35M Series C

SilkRoad, a Chicago-based company focused on online human resources and “social talent management,” has raised a $35 million Series C financing round. Investors in the round include new investors Keating Capital and NTT Finance. Existing investors including Intel Capital, Crosslink Capital, Foundation Capital, Azure Capital and Tenaya Capital also joined in the round. Since 2003, […]

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