224 Views

Lehigh Technologies nabs $8 mln

Lehigh Technologies said Wednesday that it has raised $8 million in funding. The investors included JSR Corp, Leaf Clean Energy, Kleiner, Perkins, Caufield and Byers, Index Ventures and Florida Gulfshore Capital. Based in Atlanta, Lehigh Technologies is a maker of green materials.

224 Views

Mithril Capital leads $19 mln Series D funding round in DoubleDutch

Mithril Capital Management has led a $19 million Series D funding round in DoubleDutch, a mobile app event company. Existing investors Bessemer Venture Partners, Index Ventures and Bullpen Capital also participated in the round, along with Singapore-based Enspire Capital. Ajay Royan, co-founder and managing general partner of Mithril, is joining the DoubleDutch board.

224 Views

Mobile security company Lookout pulls in $150 million

San Francisco-based mobile security firm Lookout has closed $150 million in funding. T. Rowe Price Associates-managed funds led the round with participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz. Allen & Company served as financial advisor on this transaction.

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Music app Crossfader racks up VC funding

Music app Crossfader has received an undisclosed amount of funding. The investors included Tapinator, Google Ventures, Kleiner Perkins Caufield & Byers, Index Ventures, and True Ventures.

163 Views

Index Ventures backs car repairs platform Autobutler

Autobutler, an online platform for car repairs, has received 5.8 million euros in funding. Index Ventures led the round. According to the firm, the capital will be used to expand across Europe with an initial focus on Germany and the UK.

163 Views

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.

Newegg forms partnership with VC-backed BitPay to accept bitcoins

Electronics retailer Newegg has formed a partnership with BitPay to accept bitcoin payments on Newegg.com. In May, BitPay announced it had secured $30 million in Series A funding from Index Ventures, Horizon Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Sir Richard Branson and AME Cloud Ventures. BitPay’s total capital raised at the time was $32.7 million.

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Index Ventures backs UK-based Deliveroo

Deliveroo, a London-based food delivery platform, has closed 2.75 million pounds in Series A funding. Index Ventures led the round with participation from Hoxton Ventures.

133 Views

Canon buys VC-backed Milestone Systems

Canon said Friday that it has acquired Milestone Systems. No financial terms were disclosed. Headquartered in Copenhagen, Milestone Systems, which was backed by Index Ventures, is a provider of open video management solutions.

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