SoftTech VC leads $2 mln round for DroneDeploy

DroneDeploy, a smart drone management platform, has received $2 million in seed funding. SoftTech VC led the round with participation from DataCollective, Redpoint, DFJ, and Angelpad. DroneDeploy is a smart drone management platform.


DFJ leads $3.3 mln Series A funding in Nervana Systems

DFJ has led a $3.3 million Series A funding round in Nervana Systems, which has developed a machine learning platform. Existing investor Allen & Co. has participated in the funding round. As part of the investment, Steve Jurvetson, DFJ partner, will join Nervana’s board.


Mobile game developer Kiwi snags $15 mln Series B

Kiwi said Wednesday that it has received $15 million in Series B funding. Northgate Capital led the round with participation from DFJ and previous backer Sequoia Capital. Headquartered in Palo Alto, Calif., Kiwi is a mobile game developer.

DFJ, DFJ Esprit co-lead $14.5 mln Series B round in Bright Computing

DFJ and DFJ Esprit have co-led a $14.5 million Series B funding in Bright Computing, a provider of cluster management software. Prime Ventures and existing investor ING Corporate Investments also participated in the funding round. As part of the funding, DFJ partner Bill Bryant, Prime Ventures partner Alexander Ribbink, DFJ Esprit partner Richard Marsh, and ING CISO Rob Bening will join Bright Computing’s board of director.


San Francisco startup icix nets $25 mln Series C

San Francisco-based food safety startup icix has raised $25 million in Series C funding. The investors included Wesfarmers Limited, Vertical Venture Partners, Draper Fisher Jurvetson and Starfish Ventures.


Emily Melton re-joins DFJ as partner

Emily Melton has re-joined DFJ as Partner to focus on early-stage deals in areas including consumer and mobile technology and social media. Melton had worked at DFJ for eight years, and left in 2009 to join Mayfield.


Branson and Levchin back crowdfunding platform Indiegogo

San Francisco-based crowdfunding platform Indiegogo said Tuesday that it has secured new undisclosed funding from investors that include Virgin Group founder Sir Richard Branson and Affirm CEO Max Levchin. Other investors include Dan Benton, CEO of Andor Capital Management and Tim Draper, founding partner at Draper Fisher Jurvetson. Indiegogo is backed by Institutional Venture Partners, Kleiner Perkins Caufield & Byers, Insight Venture Partners, MHS Capital, Metamorphic Ventures and ff Venture Capital.


SAP Ventures leads $20 mln Series C funding in Jibe

SAP Ventures has led a $20 million Series C funding round in Jibe, Inc., a recruitment technology company. SAP Ventures’ Doug Higgins will join Jibe’s board of directors. Existing investors Polaris Partners, DFJ, Gotham Ventures, Longworth Venture Partners and Thrive Capital also participated in the funding round. Jibe has raised a total of $37 million in funding to date.

VC-backed PulsePoint names new SVP of product management

PulsePoint has hired Julie Preis as SVP of product management. Previously, Preis worked at Mocean Mobile. Headquartered in New York City, PulsePoint is an advertising tech and content creation firm. Its backers include Draper Fisher Jurvetson, Gotham Ventures, New Atlantic Ventures, Investor Growth Capital, Updata Partners and VantagePoint Capital Partners.

Box IPO never had a set date, says company rep

Despite news reports that say that Box has delayed its IPO, according to a company spokesperson, there was never a set date for its rollout. Says the Box rep: “Since filing, we’ve planned on going when it makes the most sense for the market. That plan hasn’t changed.” Headquartered in Los Altos, Calif., Box is a data storage provider. The company filed for an IPO earlier this year. Its backers include Draper Fisher Jurvetson, US Venture Partners, Meritech Capital Partners, Andreessen Horowitz and Emergence Capital Partners.

Piqora closes Series A

Piqora, a marketing and analytics business for visual social networks Pinterest, Instagram and Tumblr, among others, has closed a Series A investment of $7.7 million led by DFJ. Freestyle Capital, Baseline Ventures, Lazerow Ventures, Firebolt Ventures and Altos Ventures also participated, bringing total financing to over $11 million to date.


IBM agrees to buy VC-backed Silverpop

IBM said Thursday that it has agreed to acquire Silverpop. No financial terms were disclosed for the transaction, which is expected to close in the second quarter of 2014. Based in Atlanta, Silverpop is a provider of digital marketing technology. Its backers include Escalate Capital Partners, D.E. Shaw, Draper Fisher Jurvetson and Silicon Valley Bank.


Digital health company Wellframe scores $1.5 mln seed funds

Wellframe has closed $1.5 million in seed funding. The investors included athenahealth CEO Jonathan Bush; Tim Draper, founder and managing director of Draper Fisher Jurvetson; Carl Byers, venture partner at Fidelity Biosciences; and James Nahirny, founder and manager partner at Leerink Capital Partners. Based in Boston, Wellframe is a digital health firm.

Deeya Appoints Non-Exec Chairman

Energy storage system provider Deeya Energy has appointed Ravi Sharma, as non-executive chairman of the board of directors. Sharma joined Deeya Energy’s board of directors in late 2012.

Zettaset Raises Series B Led by Highbar

Big Data management business Zettaset has closed a $10 million Series B financing round led by HighBar Partners, with participation from strategic investor Brocade and Series A investors DFJ and Epic Ventures. John Kim and Roy Thiele-Sardiña, managing partners at HighBar Partners, will join Zettaset’s board of directors.

PEHUB Community

Join the 12506 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget