VC-backed Domo appoints TPG principal to board

Enterprise software startup Domo has named Nehal Raj, a principal at TPG, to its board of directors. TPG Growth recently led a $125 million Series C round in Domo. The company’s other backers include Benchmark, Fidelity Investments, Founders Fund, GGV Capital, Greylock Partners, IVP,, T. Rowe Price, WPP and Zetta Venture Partners.


Founders Fund and Andreessen Horowitz leads Series A round for AltSchool

AltSchool said Tuesday that it has closed $33 million in Series A financing. Founders Fund and Andreessen Horowitz led the round with participation from investors that included First Round Capital, Harrison Metal, Learn Capital and Omidyar Network. Headquartered in San Francisco, AltSchool is a network of micro-schools that offers personalized education for children.


Founders Fund raises $1 bln for fifth fund

San Francisco-based Founders Fund, an investor in Palantir Technologies, Practice Fusion, Ripple Labs, Twilio and others, announced it has raised $1 billion for its fifth fund. The firm raised $625 million for its fourth fund, which closed in December 2011, according to Thomson Reuters data. The firm, through co-founder Peter Thiel, was one of the earliest investors in Facebook, which went public in May 2012. However, other recent portfolio company exits for the firm have included Topsy Labs, which Apple bought in December for $200 million, and The Climate Corp, which Monsanto purchased in October for $930 million in cash.

invino Secures Series A Funding

invino, a private sale site for wine, has secured Series A funding. To date, invino has raised over $3 million in venture capital. Investors include DN Capital (also on the board), Founders Fund, Launch Capital, Correlation Ventures, Veddis Ventures, Super Angels, Fabrice Grinda, and Jose Marin.

Domo Closes $60m Series B Financing

Domo, a new software-as-a-service venture launched by Omniture co-founder Josh James has raised $60 million in Series B financing. GGV Capital, Greylock Partners, Bezos Expeditions, the personal investment company of Jeff Bezos, Workday co-CEOs Aneel Bhusri and David Duffield, Founders Fund and Mercato Partners, amongst others, invested in this round.

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