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Symphony raises $21.5 mln Series B

Symphony Commerce closed a $21.5 million Series B round of funding led by CRV, with participation from existing investors Bain Capital Ventures and FirstMark Capital. Headquartered in San Francisco, Symphony Commerce delivers commerce as a service to fast-growing brands.

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Light raises Series A funds

Light has raised a $9.7 million Series A. The investment was co-led by Bessemer Venture Partners and CRV. Light is a team of creative technologists working on the art and science of photography.

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EMC’s Aveksa Buy a Score for CRV

Charles River Ventures and other backers scored a positive return with Aveksa, an identity management software provider acquired by EMC today in a deal reportedly valued at north of $200 million.

Slideshow: Bring on the 2012 IPO Candidates

The market for venture-backed IPOs has been pretty dead so far this year. But based on new filing activity, it looks like there’s some optimism things will improve. At least six venture-backed companies have filed to go public since the start of the year, in sectors ranging from enterprise software to semiconductors to car rentals. […]

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Investors Like Controversial Site Unvarnished, Give it $500K, with More Likely to Follow Soon

Unvarnished, a new site that invites people to “review” work colleagues, has raised $500,000 in VC funding, according to an email sent out by founder Peter Kazanjy.

The San Francisco startup was looking to raise closer to $1 million, according to sources. Judging by the buzz that has surrounded Unvarnished since its debut last week, it may get there soon.

While some employment attorneys at Wilson Sonsini seem baffled by the site — telling the L.A. Times last week that it’s a “litigation nightmare” that begs the question “Who can I sue?” — some venture capitalists and angel investors appear ready to gamble on the company as a back way into LinkedIn’s market space.

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