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On Deck Founder Named Co-Chair of One in Three

Posted on: May 2, 2012 by Angela SormaniNo Comments »

Technology platform On Deck has announced that its founder and former chief executive officer Mitch Jacobs has been named co-chairman of the One in Three Leadership Council, a non-profit initiative of the Association for Enterprise Opportunity. The council’s goal is to create new jobs by reaching 1 million microbusinesses throughout the US. On Deck is [...]

Metamarkets’ Mighty Round, Khosla on as Advisor

Posted on: April 27, 2012 by Jonathan MarinoNo Comments »

Metamarkets, the big data analytics firm, just completed a $15 million fundraising led by new investor Khosla Ventures. Existing investors, including IA Ventures and True Ventures, also participated in the round. Vinod Khosla will join the company as an advisor. The second round of funding for Metamarkets brings its total funding to $23 million. PRESS [...]

Skybox Imaging Secures Series C for Expansion

Posted on: April 18, 2012 by Angela SormaniNo Comments »

Skybox Imaging, an early stage provider of satellite imagery, video, and big data analytics, has secured $70 million in Series C financing led by Canaan Partners and Norwest Venture Partners. They join existing investors Khosla Ventures and Bessemer Venture Partners, bringing the total amount raised to date to $91 million. PRESS RELEASE Skybox Imaging, an [...]

OneID Adds Khosla EIR as CEO, Along with Previously Announced Funding

Posted on: April 11, 2012 by Jonathan MarinoNo Comments »

In conjunction with its new $7 million round of funding, OneID, the California-based digital identity firm, is appointing Alex Doll as CEO. Most recently, Doll worked with Khosla Ventures—which backed OneID—as an EIR where he investigated digital ID solutions. He was also a founding executive of PGP Corp. Steve Kirsch will move into role of [...]

Slideshow: Indiana’s INPRS Looks To Early Stage Venture

Posted on: April 9, 2012 by Mark BosletNo Comments »

Like many LPs, the Indiana Public Retirement System pulled back on its venture investments when the global crisis up ended financial markets in 2009 and 2010. But not as much as you might think.

RingCentral Adds to Board

Posted on: March 27, 2012 by Angela SormaniNo Comments »

RingCentral, a provider of cloud business phone systems, has added Neil Williams, chief financial officer of Intuit, to its board of directors. Headquartered in San Mateo, California, RingCentral is backed by Sequoia Capital, Khosla Ventures, Cisco, Scale Ventures, and DAG Ventures. PRESS RELEASE RingCentral, Inc., a leading provider of cloud business phone systems, today announced [...]

ClearStory Gets Funding from Google Ventures, Andreessen Horowitz, Khosla Ventures

Posted on: March 19, 2012 by Luisa BeltranNo Comments »

Google Ventures, Andreessen Horowitz, Khosla Ventures and a number of individual investors have invested in ClearStory Data. Financial terms weren’t announced. Palo Alto, Calif.-based ClearStory helps business users gather and explore dispersed data. PRESS RELEASE ClearStory Data, a company creating an intuitive new way for users to conduct self-driven big data exploration, today announced an investment [...]

Gevo Adds Dreessen to Board

Posted on: March 14, 2012 by Luisa BeltranNo Comments »

Ruth Dreessen  was named to Gevo’s board of directors. Dreessen is an MD with Lion Chemical Capital. Khosla Ventures, Virgin Green Fund, Burrill & Co., Malaysian Life Sciences Capital Fund and Osage Partners have invested in Gevo, a biofuels company, which went public in 2011. PRESS RELEASE Gevo, Inc. (NASDAQ: GEVO), a leading renewable chemicals [...]

Virdia Packs on $100M in Financing, Takes on New CEO & Name

Posted on: March 6, 2012 by Jonathan MarinoNo Comments »

California-based HCL CleanTech, the developer of cellulosic sugars, is rebranding to Virdia and taking on a new CEO. Philippe Lavielle will replace co-founder Eran Baniel as CEO. The company also struck a $75 million deal with the Mississippi Development Authority to develop manufacturing plants in the state. The company also raised more than $20 million [...]

Khosla Ventures Invests in Nu-Tek Salt

Posted on: February 28, 2012 by Luisa BeltranNo Comments »

Khosla Ventures has made a “significant investment” in Nu-Tek Salt. Financial terms weren’t disclosed. Minnetonka, Minn.-based Nu-Tek Salt provides reduced sodium and salt replacement products. PRESS RELEASE Nu-Tek Salt, LLC announced today that Khosla Ventures has made a significant investment in Nu-Tek Salt, adding a major partnership and equity position to the company. This investment [...]