Convertro Closes $5m Series B

Convertro has closed a $5 million Series B round of funding. The funding round, which was led by Bessemer Venture Partners and DAG Ventures, will support the ramp up of Convertro’s sales and marketing organizations in New York City, Asia, Latin America, Europe, the Middle East and Africa.

Cisco To Acquire Meraki For $1.2B

Cisco Systems said it would acquire privately held Meraki Inc., a San Francisco cloud networking startup with investors including Sequoia Capital, Google and DAG Ventures. Cisco will pay about $1.2 billion in cash and retention-based incentives. Meraki’s offerings will expand Cisco’s product portfolio in the midmarket.

Glassdoor Raises Fresh $20M, Led by DAG Ventures

Sausalito, Calif.-based Glassdoor, a five-year-old online career and jobs site, has raised $20 million in venture financing led by DAG Ventures, with participation from existing investors Benchmark Capital, Sutter Hill Ventures and Battery Ventures. This new round brings Glassdoor’s total capital raised to $42.2 million.

Telefonica Digital Acquires Video Platform Company TokBox

Telefonica Digital, a global business division of telecoms giant Telefónica, has acquired the San Francisco-based  video communications platform TokBox for undisclosed terms. Five-year-old TokBox had raised $26 million from investors, including Bain Capital Ventures, Sequoia Capital, and DAG Ventures. PRESS RELEASE: Telefonica Digital today announced its acquisition of TokBox, the leading video communications platform. The acquisition […]

DisplayLink Secures Growth Financing led by Clydesdale

DisplayLink®, a provider of solutions that simplify the connection between monitors and computing devices, has closed $10.4 million of growth financing. The financing was led by Clydesdale Bank’s Growth Finance team. Existing investors Atlas Venture, Balderton Capital, Cipio Partners, DAG Ventures, and DFJ Esprit also contributed to the equity funding. The Palo Alto-headquartered company will […]

AOptix Closes $42 Million Series E Funding

AOptix, a Campbell, Calif.-based company that makes optical communications and iris biometrics-based software for the government and commercial markets, has closed a $42 million Series E round of funding by existing investors Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners, along with new investor, True Ventures. The 12-year-old […]

Harvest Power Raises Additional $15 Million in Series C Financing

Four-year-old Harvest Power, a Waltham, Mass.-based company that produces renewable energy and soils, mulches and natural fertilizers raised, has raised a $15 million extension to its $110 million Series C financing. The newest funds come for Tur Partners and Industry Ventures. True North Venture Partners led the initial round, alongside existing investors that include Kleiner Perkins […]

Gigya Grabs New Round From VC/Strategic Combo

Gigya, the social infrastructure provider, has secured $15.3 million from investors including Mayfield Fund, Benchmark Capital, and DAG Ventures and strategic partners Adobe and Advance Publications. It was not specified which firm, if applicable, led the round. PRESS RELEASE: Gigya Raises $15.3 Million Investment after Delivering 3x Growth Leader in social infrastructure secures funding from […]

Clarizen Uploads $12M

Clarizen, the San Mateo, Calif.-based project management software firm, completed a $12 million round led by Vintage Partners. In addition Benchmark Capital, Carmel Ventures, DAG Ventures and Opus Capital joined in the round. PRESS RELEASE: Clarizen Secures $12 Million Series E Growth Financing Investment Will Accelerate the Company’s Global Expansion and Product Development SAN MATEO, […]

Solar Startup Solexel Raises $25M, According To Filing

Solar startup Solexel has raised $25 million in new capital, according to a filing with the Securities and Exchange Commission. No other details about the funding were available. The company received Series A financing in 2007 and a Series B round in 2008. Its board includes representatives of Kleiner Perkins Caufield & Byers, Technology Partners […]

Harvest Inks $110M

Harvest Power, the Waltham, Mass.-based developer of renewable energy and fertilizer products from organic waste, mulches and natural fertilizers, has raised $110 million in new funding. True North Venture Partners led the investment with American Refining and Biochemical Inc. Existing investors Kleiner Perkins Caufield & Byers, DAG Ventures and Generation Investment Management also participated. The […]

RingCentral Adds to Board

RingCentral, a provider of cloud business phone systems, has added Neil Williams, chief financial officer of Intuit, to its board of directors. Headquartered in San Mateo, California, RingCentral is backed by Sequoia Capital, Khosla Ventures, Cisco, Scale Ventures, and DAG Ventures. PRESS RELEASE RingCentral, Inc., a leading provider of cloud business phone systems, today announced […]

Boku Raises $35M

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 […]

Marin Software Takes $30M Round

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 Raises Series C

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 […]

Boissy Joins 3VR from IBM

3VR, a video intelligence company, has added chief marketing officer Joe Boissy to the company’s leadership team. Boissy joins 3VR from IBM. Based in San Francisco, CA, 3VR is privately held with funding from DAG Ventures, Focus Ventures, In-Q-Tel, Kleiner Perkins Caufield & Byers, Menlo Ventures and VantagePoint Ventures. PRESS RELEASE 3VR, the video intelligence […]

Lithium Technologies Inks $53.4M

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.

PEHUB Community

Join the 12502 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget