Box Chooses SDL to Accelerate International Growth

SDL has been selected by UK-based Box, a provider of online storage and collaboration software, as its preferred partner to expand into new international markets. Box is backed by venture capital firms Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners and U.S. Venture Partners and strategic investors and SAP.

Swell App Raises $5.4M, Led by DFJ

The mobile app developer Swell has raised $5.4 million in Series A funding led by Draper Fisher Jurvetson and including Google Ventures, InterWest Partners, Correlation Ventures and Draper Nexus Ventures. The Palo Alto, Calif.-based company previously raised $1.8M in seed funding from Google Ventures, Charles River Ventures, DFJ, Andreessen Horowitz, Inspovation Ventures and individual investors.

Box Adds to Team with Senior Sales Appointments

Box has hired four senior sales professionals to its team. Jim Priestley joins as senior vice president of sales; Stephen Morse joins as vice president of global sales engineering; Ryan Martin as vice president of platform sales; and Scott Hebert as vice president of vertical industry sales. Headquartered in Los Altos, CA, Box is a privately held company and is backed by venture capital firms Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners, U.S. Venture Partners and strategic investors and SAP.

NanoString Technologies Prices IPO; VC firms Clarus, DFJ and OVP Poised for Payout

Venture-backed NanoString Technologies Inc. on Tuesday said that it is pricing its initial public offering of 5.4 million shares at $10 per share. The company, which makes life science tools for translational research and molecular diagnostic products, has raised a total of $82 million in venture capital since its founding in 2003. Clarus Ventures, Draper Fisher Jurvetson and OVP Venture Partners as a group own 7.4 million pre-IPO shares, or 79% of the company, according to its S-1 filing.

Twilio Rings Up $70M Round

Cloud communications company Twilio has raised a $70 million Series D round co-led by Redpoint Ventures and Bessemer Venture Partners, with Draper Fisher Jurvetson also participating. As part of the deal, Scott Raney, a partner with Redpoint, has joined the board. The San Francisco-based company has now raised about $103 million n total funding.


Ben Franklin, 500 Startups, DFJ Rank as Most Active Investors in March

Ben Franklin Technology Partners Southeastern PA, a Philadelphia-based early-stage backer, invested $1.54 million in 11 deals during March, ranking it as the most active investor in the month. Draper Fisher Jurvetson was the most active institutional venture firm in the month, having backed seven companies with nearly $9 million, according to Thomson Reuters data.

Retailigence Lands $6.3 Million in New Funding from VCs

Retailigence, a Redwood City, Calif.-based company whose back-end database helps track whether items are stocked in the stores of its retail customers, has raised $6.3 million in new funding from its existing investors Draper Fisher Jurvetson and Motorola Solutions, along with new investors Telenav and OPT, one of Japan’s largest digital ad agencies. Retailigence had previously raised $4.2 million.

Video Ad Startup Virool Raises $6.62 Million

Virool, a year-old San Francisco-based video advertising startup, has closed on $6.62 million in funding from a long list of investors in what the company claims is the biggest seed round raised so far by a graduate of the the Y Combinator incubator program. (Virool came out of the program last summer.) The company’s institutional investors include Draper Fisher Juvetson and Menlo Ventures; individuals who contributed to the funding include Paul BuchheitDave McClure, and Yuri Milner.

SolarCity Shares Shine in Debut

Shares of SolarCity Corp jumped more than 50 percent during their market debut on Thursday, approaching the valuation the solar power company had sought before it was forced to slash its IPO price.

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