TrueAccord raises $5 mln Series A

TrueAccord has closed $5 million in Series A funding led by Khosla Ventures and Caffeinated Capital‘s Raymond Tonsing, with participation from serial entrepreneur and venture capitalist Max Levchin, entrepreneur and Braintree founder Bryan Johnson, and Homebrew, among others. Created in 2013 by Silicon Valley tech veterans, TrueAccord is an automated debt recovery platform.

Narrative scoops up $8 mln

Narrative has secured $8 million in funding, the company confirmed in a blog post on its site. Khosla Ventures led the round with participation from return backers True Ventures and Passion Capital. In addition to the funding, Keith Rabois, a partner at Khosla Ventures, has been added to Narrative’s board. Headquartered in San Francisco with offices in Sweden, Narrative is a wearable camera. To read more details about the funding, visit here.


VC-backed Okta names CMO

Okta has hired Andrew Wittman as chief marketing officer. Prior to joining Okta, Wittman worked at CA Technologies. Based in San Francisco, Okta is an identity management service. It is backed by Andreessen Horowitz, Greylock Partners, Khosla Ventures and Sequoia Capital.


Khosla Ventures backs Theatro

Theatro said Tuesday that it has raised $5 million in Series A funding from Khosla Ventures. In addition to the funding, Ben Ling of Khosla Ventures has been added to Theatro’s board of directors. Based in Dallas, Theatro provides voice-controlled wearable communications devices for hourly workers in the retail, hospitality and manufacturing sectors.

Google buys VC-backed JetPac

According to an announcement on its site, San Francisco-based photo app JetPac has been acquired by Google. No financial terms were disclosed. JetPack’s backers included Khosla Ventures, Morado Venture Partners and AME Cloud Ventures. To read the post, visit here.


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.


More VCs tackling home security: VCJ

When venture capitalists talk about security investments, they’re usually referring to cyberspace. Lately, however, early-stage VCs have also actively invested in the brick-and-mortar world of home security.


Two Tap checks out $2.7 mln

Two Tap said Thursday that it has closed $2.7 million in seed funding. The investors included Khosla Ventures, Transmedia Capital, Digital Garage and Alexis Ohanian. Based in San Francisco, Two Tap is an automated checkout solution provider for consumers.


Plastiq inks $10 mln led by Khosla Ventures

Plastiq has raised $10 million in Series B financing. Khosla Ventures led the round, with participation from investors from the previous round, Atlas Venture and Flybridge Capital Partners. Plastiq is a payments company that enables consumers to pay with their credit card of choice regardless of merchant acceptance.


BlockScore attracts $2 mln seed funds

BlockScore said Thursday that it has secured $2 million in seed funding. The investors included Battery Ventures, Khosla Ventures, Lightspeed Venture Partners, New Atlantic Ventures, Boost VC and Y Combinator. The capital will be used for product development and sales expansion. BlockScore is a provider of ID verification and anti-fraud solutions for online businesses.


Khosla, Aaron Levie back ThoughtSpot

Redwood City, Calif.-based ThoughtSpot has raised $30 million in what it calls an oversubscribed Series B round. Khosla Ventures led the funding, which also includes Aaron Levie, co-founder and CEO of Box. As part of the financing, Keith Rabois, partner at Khosla, has joined the board. ThoughtSpot, which provides search and data analysis, previously raised $10.7 million in funding.

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