251 Views

AppDynamics secures $120 mln growth funds

AppDynamics has secured $120 million in growth financing led by new investors Battery Ventures, ClearBridge Investments and Sands Capital. Existing investors Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners also participated in the round. The $120 million includes $50 million in debt financing provided by Silicon Valley Bank. AppDynamics is an application intelligence provider.

Twitter buys VC-backed CardSpring

Twitter has acquired CardSpring, the latter confirmed in a post on its site. No financial terms were disclosed. Based in San Francisco, CardSpring is a payments infrastructure firm. CardSpring’s backers included Accel Partners, Greylock Partners, Morado Venture Partners, SV Angel, Data Collective, Felicis Ventures and the Webb Investment Network. To read the announcement , visit here.

201 Views

Care.com acquires VC-backed Citrus Lane

Care.com has bought Citrus Lane, a Mountain View, Calif-based social commerce service that sells products to families. The value of the transaction was for a consideration of $22.9 million in cash, $8.1 million in equity at the closing and an additional $17.6 million in payments over the next two years. The latter is dependent on Citrus Lane’s fulfillment of “certain milestones” in 2015 and 2016. Mauria Finley, founder and CEO of Citrus Lane, will continue to run the company. She has also been named SVP and GM of Citrus Lane. Citrus Lane was backed by Greylock Partners and GGV Capital.

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Ad tech startup Tell Apart buys VC-backed Freshplum

Ad tech firm Tell Apart has acquired Freshplum, the former confirmed in a blog post on its site. No financial terms were disclosed. Based in San Francisco, Freshplum lets ecommerce sites offer personalized discounts. Its backers included New Enterprise Associates, Greylock Partners, Google Ventures and Charles River Ventures. To read more details about the acquisition, visit here.

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Bitcoin wallet startup Xapo picks up $20 mln

Xapo, a bitcoin wallet startup in Palo Alto, Calif., has secured $20 million in Series A-1 funding, the company announced in a blog post on its site. Greylock Partners and Index Ventures led the round with participation from other investors that included Emergence Capital Partners, Max Levchin, co-founder of PayPal, and Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo!. In addition to the funding, Reid Hoffman and Mike Volpi have been added as Xapo’s board observers. To read further details about the funding, visit here.

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DCM leads Series B round for Matterport

Matterport said Monday that it has closed $16 million in Series B financing. DCM Ventures led the round with participation from AME Cloud Ventures. Other investors include Lux Capital, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, Qualcomm Ventures and Rothenberg Ventures. Based in Mountain View, Calif., Matterport develops cloud-based 3D models of interior spaces.

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Grand Rounds attracts $40 mln Series B

Grand Rounds has received $40 million in Series B funding. Greylock Partners led the round with participation from previous backers Venrock and Harrison Metal Capital. Based in San Francisco, Grand Rounds helps connect patients with highly specialized medical care.

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Cloud security firm Skyhigh Networks raises $40 mln-Reuters

Skyhigh Networks, a company that helps businesses secure data that employees access through Internet sites and cloud-computing services, said on Monday it has raised $40 million in financing in a Series C round led by Greylock Partners and Sequoia, Reuters reported.

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Trifacta nets $25 mln Series C

Trifacta said Thursday that it has received $25 million in Series C financing. Ignition Partners led the round with participation from return investors Greylock Partners and Accel Partners. Concurrent with the funding, Frank Artale, a managing director at Ignition Partners, has joined the Trifacta board. Based in San Francisco, Trifacta is a data transformation platform provider.

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Telstra Ventures leads funding round for MATRIXX

MATRIXX Software has secured an undisclosed amount of funding. Telstra Ventures led the round with participation from previous backers Swisscom Ventures, Innovacom, Greylock Partners, Adams Street Partners and Tugboat Ventures. In addition to the funding, Mark Sherman of Telstra Ventures has been named to the MATRIXX board of directors. Headquartered in Mountain View, Calif., MATRIXX is a provider of real-time policy and charging solutions.

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Actor Dempsey invests in VC-backed CrowdMed

San Francisco-based healthcare startup CrowdMed said Tuesday that it has received an undisclosed investment from actor Patrick Dempsey. CrowdMed is backed by NEA, Andreessen Horowitz, Greylock Partners, SV Angel, Khosla Ventures and Y Combinator.

SumoLogic photo.low res
271 Views

Sequoia backs Sumo Logic

Sumo Logic has raised $30 million in a round led by Sequoia Capital, with participation from existing investors Greylock Partners, Sutter Hill Ventures and Accel Partners. Sumo Logic is a next generation machine data analytics company.

Internet security provider OpenDNS bags $35 mln

OpenDNS said Thursday that it has secured $35 million in funding. The investors were Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital. Based in San Francisco, OpenDNS is a provider of internet security solutions.

159 Views

Kleiner Perkins leads oversubscribed round for Instart Logic

Instart Logic, which provides a cloud-based service for Web publishers to improve site performance over mobile and WiFi networks, has raised $26 million in Series C funding. Kleiner Perkins Caufield & Byers led the round, which included prior investors Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital. The Mountain View, Calif.-based company has now raised $43 million in total funding.

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