VC-backed Mustbin promotes CTO to CEO

Mustbin, a Boston-based app for organizing, storing and sharing vital personal information, has promoted Satyender Mahajan to CEO from chief technology officer. The firm’s backers include DAG Ventures, General Catalyst, Mohr Davidow Ventures and Northgate Capital.

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Solar cell maker Solexel bags $31 mln

Solexel has closed $31 million in financing. The investors included GAF, Kleiner Perkins Caufield & Byers, Technology Partners, DAG Ventures, Northgate Capital, GSV Capital Corp. Gentry Venture Partners and Jasper Ridge Partners. Based in Milpitas, Calif., Solexel is a solar cell and module maker.

149 Views

Taulia racks up $27 mln Series D

Taulia said Tuesday that it has closed $27 million in Series D funding. QuestMark Partners led the round with participation from other investors that included Matrix Partners, Trinity Ventures, Lakestar and DAG Ventures. FT Partners advised Taulia on the transaction. Based in San Francisco, Taulia is a supplier financing provider.

VC-backed StrongView adds two to team

StrongView said Monday it has hired Steve Melamed as chief sales officer and Mark Parks as vice president of product. Headquartered in Redwood City, Calif., StrongView is an e-mail and cross-channel marketing solutions provider. Its backers include Sequoia Capital, Evercore Partners, DAG Ventures and Globespan Capital Partners.

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Motion sensors maker mCube racks up $37 mln Series C

mCube has received $37 million in Series C financing. The investors included Kleiner Perkins Caufield & Byers, MediaTek, iD Ventures America, DAG Ventures, Keytone Ventures, SK Telecom (China) Ventures and Korea Investment Partners. Headquartered in San Jose, Calif., mCube is a motion sensors provider.

ARMO BioSciences attracts $30 mln Series B

ARMO BioSciences has closed $30 million in Series B financing. NanoDimension led the round with participation from previous backers Kleiner Perkins Caufield & Byers, OrbiMed and DAG Ventures. Based in Redwood City, Calif., ARMO BioSciences develops immunotherapies that treat cancer, fibrosis, hypercholesterolemia/atherosclerosis and inflammatory diseases.

159 Views

Clarizen secures $35 mln led by Goldman Sachs

Clarizen has closed a $35 million venture funding round led by Goldman Sachs & Co. Existing investors also participated in the round, including Benchmark Capital, Carmel Ventures, DAG Ventures, Opus Capital, and Vintage Investment Partners.

Legal marketplace Avvo picks up $37.5 mln

Avvo said Tuesday that it has raised $37.5 million in financing. Coatue Management led the round with participation from Benchmark Capital, Ignition Partners and DAG Ventures. Based in Seattle, Avvo is a legal marketplace for consumers and lawyers.

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Index Ventures and Ribbit Capital backs Wealthfront

According to a blog post on its site, Wealthfront has closed $35 million in funding. Index Ventures and Ribbit Capital led the round with participation from investors that included The Social+Capital Partnership, Greylock Partners and DAG Ventures. Based in Palo Alto, Calif., Wealthfront is an automated investment service provider. To read the announcement, visit here.

 

DAG Ventures leads Series B round for ClearStory Data

ClearStory Data said Monday that it has received $21 million in Series B funding. DAG Ventures led he round with participation from Andreessen Horowitz, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers. Also, the firm has named Shona Brown, a former senior vice president at Google, to its board of directors. Based in Palo Alto, Calif., ClearStory Data is a provider of data intelligence solutions.

106 Views

NTT invests in VC-backed Quantenna Communications

NTT Finance Corp, which is part of the NTT Group, has made an undisclosed investment in Quantenna Communications. Headquartered in Silicon Valley, Quantenna Communications is a provider of Wi-Fi solutions. Its backers include DAG Ventures, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, Telefonica Ventures and Venrock.

Atara Biotherapeutics secures Series B funds

Drug development company Atara Biotherapeutics has secured $38.5 million in initial closings under its Series B financing. In this round, investors Amgen Ventures, Celgene Corporation and EcoR1 Capital joined existing investors Alexandria Venture Investments, DAG Ventures, Domain Associates and Kleiner Perkins Caufield & Byers.

FireEye Files To Go Public

FireEye Inc. said it filed with the Securities and Exchange Commission to go public, though it has not disclosed the number of shares it will sell or their anticipated price range. The company is backed by Sequoia Capital, Norwest Venture Partners, DAG Ventures, JAFCO Technology Partners and SVB Financial Group.

Huddle in Partnership With Softcat

Huddle has entered into a partnership with UK reseller Softcat. Huddle provides next generation content collaboration for government and enterprises and is backed by venture capital firms DAG Ventures, Eden Ventures, Matrix Partners and Jafco Ventures.

RMG

Newly Public, Kleiner-Backed RMG Networks on Why It Chose a Reverse Merger

As of this morning, Kleiner Perkins Caufield & Byers has a new, publicly traded company in its portfolio: San Francisco’s RMG Networks, a digital signage media company that has raised $20 million from Kleiner, DAG Ventures, and National Cinemedia since its 2006 founding. The company didn’t stage an IPO; rather, it completed a reverse merger with the blank check company in a maneuver that landed it on the Nasdaq.

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