117 Views

Facebook to buy VC-backed PrivateCore

Facebook is acquiring PrivateCore, the latter confirmed in an announcement on its site. No financial terms were disclosed. Headquartered in Palo Alto, Calif., PrivateCore, which is backed by Foundation Capital, is a private computing startup.To read more about the acquisition, visit here.

Technology
107 Views

XMOS adds strategic investors to $26 mln financing round

XMOS has completed a $26.2 million Series D round. Strategic investors joining the round included Robert Bosch Venture Capital of Germany, Huawei Technologies, a global information and communications technology solutions provider and Xilinx Technology Ventures, the investment arm of Silicon Valley-based Xilinx.

224 Views

VC-backed ForgeRock beefs up staff with new hire

ForgeRock, a provider of identity relationship management solutions, has named Eve Maler as vice president of innovation and emerging technology. Most recently she worked as a principal analyst for Forrester Research. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.

104 Views

VC-backed TubeMogul sets pricing terms for IPO

According to an amended SEC filing, TubeMogul has priced its IPO of 6.25 million shares between $11 and $13 per share. Also, the company plans on listing the stock on the NASDAQ under the ticker symbol “TUBE.” BofA Merrill Lynch, Citigroup, RBC Capital Markets, BMO Capital Markets and Oppenheimer & Co. will serve as lead underwriters. Based in Emeryville, Calif., TubeMogul is an online video marketing company. Its backers include SingTel Innov8, Cross Creek Capital, Digital Advertising Consortium, Foundation Capital and Trinity Ventures.

124 Views

Simply Hired bags $12 mln

Simply Hired has raised $12 million in funding. The investors were Foundation Capital, IDG Ventures and City National Bank. Based in Sunnyvale, Calif., Simply Hired operates job search engines in many different countries and languages.

176 Views

Meritech leads Series C round for ForgeRock

ForgeRock said Thursday that it has secured $30 million in Series C funding. Meritech Capital Partners led the round with participation from Accel Partners and Foundation Capital. In addition to the funding, Paul Madera, co-founder and managing director of Meritech, has been added to ForgeRock’s board of directors. ForgeRock is a provider of identity relationship management solutions.

113 Views

VC-backed MobileIron debuts IPO

MobileIron has launched its IPO after pricing its over 11 million shares at $9 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol MOBL. Morgan Stanley and Goldman Sachs are the lead underwriters. Based in Mountain View, Calif., MobileIron is a provider of mobile IT security and management for apps, content and devices. Its backers include Institutional Venture Partners, Foundation Capital, Norwest Venture Partners and Sequoia Capital.

190 Views

Adams Street leads $25.5 mln Series C funding in Visier

Adams Street Partners has led a $25.5 million Series C funding round in Visier, a platform that provides workforce analytics and planning solutions in the cloud. Existing investors Foundation Capital and Summit Partners participated in the funding round. The majority of the capital, $24 million, was sourced from investors, while $1.5 million came from friends and family. Visier also recently announced the appointment of Adam Binnie, previously senior vice president, emerging products at SAP, as head of new markets and innovation.

125 Views

Foundation Capital names two EIRs

Foundation Capital, a venture firm based in Menlo Park, Calif., has hired Srinivas Mantripragada and Geoffrey Wong as entrepreneurs-in-residence. Previously, Mantripragada worked at Infoblox where he recently served as a vice president of technology while Wong is a former product manager for Groupon‘s MerchantOS group.

233 Views

Home solar company Sunrun snags $150 mln

Home solar firm Sunrun has closed $150 million in equity financing. The investors were not named although according to the firm, a “leading public institutional investor” led the round. Sunrun’s previous backers include Accel Partners, Sequoia Capital, Foundation Capital and Madrone Capital Partners.

shutterstock_159566837
133 Views

VCs dish out $11 mln to SpoonRocket

Berkeley, Calif.-based SpoonRocket, which provides an on-demand meal delivery service, said it has raised an $11 million Series A round. Foundation Capital led the round and was joined by General Catalyst Partners. The company said it previously raised $2.5 million in seed funding from FundersClub, Y Combinator and individual investors. As part of the funding, Paul Holland, general partner of Foundation, has joined the board.

114 Views

Online broker Motif Investing nabs $35 mln

Silicon Valley-based online broker Motif Investing has closed $35 million in funding. The investors were JPMorgan Chase, Wicklow Capital, Balderton Capital, Goldman Sachs, Foundation Capital, Ignition Partners and Norwest Venture Partners. In conjunction with the funding, Wicklow Capital and JPMorgan Chase will name board observers.

Foundation leads $70 mln funding of digital ad company AdRoll

AdRoll, which helps brands with online targeting of ads, has raised a $70 million funding round led by Foundation Capital. Previously, the company raised $19 million in funding. The latest round also included new investors Institutional Venture Partners, SAB Capital, Northgate Capital, Performance Equity and Glenmede, as well as existing investors Merus Capital, Accel Partners and Peter Thiel. As part of the round, Eric Liaw of IVP has joined the board.

155 Views

VC-backed MobileIron files for IPO

MobileIron said Monday that it has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Morgan Stanley and Goldman Sachs will serve as lead underwriters. Based in Mountain View, Calif., MobileIron is a provider of mobile IT security and management for apps, content and devices. Its backers include Institutional Venture Partners, Foundation Capital, Norwest Venture Partners and Sequoia Capital.

social network shutterstock_154875428
2983 Views

College app Blend raises $2.7 mln, Ohio State students need not apply

New Enterprise Associates has led a $2.7 million seed round in Blend, a San Francisco-based maker of a social networking app for college students. Trinity Ventures, Foundation Capital, Lerer Ventures, Maveron, BoxGroup, XG Ventures and SparkLabs Global Ventures also joined in the seed round. The app is available for students in more than 3,500 universities nationwide, except those from Ohio State University. Blend co-founder and CEO Akash Nigam attended the University of Michigan before dropping out and launching Blend. As such, the company doesn’t allow students from rival school Ohio State to sign up for the app.

VCs renew commitment to XMOS in $14m funding round

Investors Amadeus Capital Partners, DFJ Esprit and Foundation Capital have renewed their commitment to fabless semiconductor company, XMOS. XMOS is expected to use the funding to finance further expansion of its international operations.

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