Story-sharing platform Wattpad nets $46 mln

According to a blog post on its site, Wattpad has raised $46 million in funding. OMER Ventures led the round with participation from investors that included August Capital, Raine Ventures, Northleaf Venture Catalyst Fund, Union Square Ventures, Khosla Ventures and Jerry Yang of AME Cloud Ventures. Based in Toronto, Wattpad is a story-sharing platform. To read more details about the funding, visit here.

VC-backed Okta taps Salesforce.com former SVP for new position

Okta said Monday that it has hired Krista Anderson as its first chief customer officer. Anderson is a former senior vice president at Salesforce.com. Based in San Francisco, Okta is an identity management service. It is backed by Andreessen Horowitz, Greylock Partners, Khosla Ventures and Sequoia Capital.

04012014socialmedia
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Venture’s social media superstars: VCJ

Which venture capitalists have the most followers on Twitter, the highest Klout scores, more tweets than anyone else? Refinements in both the sites and how we use social media are increasingly turning it into a targeted marketing tool for communicating with entrepreneurs, building relationships, creating personal brands and improving portfolio company visibility.

DAG Ventures leads Series B round for ClearStory Data

ClearStory Data said Monday that it has received $21 million in Series B funding. DAG Ventures led he round with participation from Andreessen Horowitz, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers. Also, the firm has named Shona Brown, a former senior vice president at Google, to its board of directors. Based in Palo Alto, Calif., ClearStory Data is a provider of data intelligence solutions.

Mitsui leads investment in LanzaTech’s $60mln Series D

LanzaTech has secured Series D funding led by Mitsui & Co and also new investors Siemens via its venture capital unit and CICC Growth Capital Fund I. Existing investors include Khosla Ventures, Qiming Venture Partners, K1W1 and the Malaysian Life Sciences Capital Fund. LanzaTech is a gas fermentation technology business founded in New Zealand and headquartered in the US.

Blue River Technology announces funding led by Data Collective Venture Capital

Blue River Technology has raised $10 million in Series A-1 funding led by Data Collective Venture Capital. Eric Schmidt’s Innovation Endeavors joined the round as a new investor and existing investor Khosla Ventures also participated. Founded in 2011 and based in Mountain View, California, Blue River Technology’s mission is to create and deliver advanced technology for better agriculture.

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Bill Gates-backed EcoMotors buys Katech

Motor technology developer EcoMotors has acquired Katech. No financial terms were disclosed. Based in Michigan, Katech is a maker of advanced engines and powertrains. Also, EM has named Tony Mannarino as CEO of Katech. EM is backed by Khosla Ventures, Bill Gates and Braemar Energy Ventures.

BioConsortia names new CEO

BioConsortia, an agricultural biotech company based in Davis, Calif., has hired Marcus Meadows-Smith as CEO. Prior to working at BioConsortia, Meadows-Smith worked at AgraQuest where he served as CEO. BioConsortia is the newly formed parent company of BioDiscovery New Zealand, which was seeded by Khosla Ventures.

Accel Partners leads Series B in MemSQL

MemSQL has secured $35 million in Series B funding. The investment was led by Accel Partners and included participation from Khosla Ventures and existing investors First Round Capital and Data Collective, as well as from several private financiers, and brings the total raised by MemSQL to $45 million.

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Pact raises funds led by Khosla

Pact (formerly known as GymPact) has secured a $1.55 million round of funding led by Khosla Ventures and Max Levchin of PayPal. Pact was founded by Harvard students who realized that having your own money on the line helps limit excuses and get people achieving their goals. Individuals make a Pact of how many times a week they plan to achieve their healthy goals.

Index secures Series A

Retail software company Index has secured $7 million in a Series A round led by Innovation Endeavors, Khosla Ventures, AIMCo and 819 Capital. Index was founded by former Google Wallet executives Marc Freed-Finnegan and Jonathan Wall.

ParStream raises $8m in Series B

ParStream, a real-time database for big data analytics has closed an $8 million series B funding round led by Khosla Ventures. The funding will accelerate ParStream’s growth in the global big data market.

RingCentral Files For IPO

RingCentral, Inc. said it filed for an IPO. The company’s S-1 registration statement says the number of shares to be offered and their price range have yet to be released publicly. Its backers include Sequoia Capital, Khosla Ventures, Scale Venture Partners, Cisco Systems, DAG Ventures and Hermes Growth Partners.

Judicata Raises $5.8M In Deal Led By Khosla Ventures

Judicata said it raised $5.8 million in a deal led by Khosla Ventures. Khosla Partner Keith Rabois has joined the board. The news was covered in a blog post and in news stories, including one on TechCrunch. The company is developing a search technology for the legal industry.

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