VC-backed GMZ Energy names business development VP

GMZ Energy has hired Scott Rackey as vice president of business development. Previously, Rackey was CEO of four energy startups. Based in Waltham, Mass. GMZ is a developer of high temperature thermoelectric generation solutions. Its backers include Kleiner Perkins Caufield & Byers, BP Alternative Energy, I2BF, Mitsui Global Investment and Energy Technology Ventures (a joint venture between General Electric, NRG Energy and ConocoPhillips).

335 Views

Beyond Meat rakes in Series D funds

Beyond Meat has raised an undisclosed amount of Series D funding. The investors included DNS Capital, WTT Investments, S2G Ventures, Kleiner Perkins Caufield & Byers, The Obvious Corp., Bill Gates and Morgan Creek Capital. Based in El Segundo, Calif. Beyond Meat recreates meat from plants.

208 Views

Commercial drone startup Airware grabs $25 mln Series B

San Francisco-based commercial drone startup Airware has closed $25 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from Andreessen Horowitz and First Round Capital. In addition to the funding, Mike Abbott, a general partner at KPCB, has been added to Airware’s board.

332 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.

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Helion Ventures leads $6.5 mln Series A funding in Workspot

Helion Ventures has led a $6.5 million Series A funding in Workspot, which provides ways for mobile workforces to access business applications and data from any mobile device. Other investors in the funding round included Qualcomm Ventures and Translink Capital. Workspot had already raised $3.3 million in a seed round from Qualcomm Ventures, Kleiner Perkins Caufield & Byers, Webb Investment Network and angel investors.

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Salesforce.com to buy VC-backed RelateIQ

According to an announcement on its site, RelateIQ will be acquired by Salesforce.com. No financial terms were disclosed. Headquartered in Palo Alto, Calif., RelateIQ is a provider of solutions that improve business relationships. Its backers include Redpoint Ventures, Kleiner Perkins Caufield & Byers, Accel Partners and Formation 8. To read the post, visit here.

CloudPhysics appoints CEO and member of board

CloudPhysics has appointed Jeffrey Hausman as CloudPhysics CEO and member of the board of directors. The company, based in Mountain View, Calif provides predictive analytics for virtual datacenters and is backed by Mayfield, Kleiner Perkins Caufield & Byers and Jafco Ventures.

CoreOS nabs $8 mln Series A

CoreOS said Monday that it has raised $8 million in Series A funding. Kleiner Perkins Caufield & Byers led the round with participation from return backers Sequoia Capital and Fuel Capital. CoreOS is a Linux operating system for server deployments.

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Kleiner Perkins files to raise new venture funds – Reuters

Kleiner Perkins Caufield & Byers has filed to raise two new funds totaling $1.2 billion, writes Reuters. The new funds are an early stage growth fund of $450 million known as KPCB XVI and a later-stage fund of $750 million known as KPCB Digital Growth.

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Motion sensors maker mCube racks up $37 mln Series C

mCube has received $37 million in Series C financing. The investors included Kleiner Perkins Caufield & Byers, MediaTek, iD Ventures America, DAG Ventures, Keytone Ventures, SK Telecom (China) Ventures and Korea Investment Partners. Headquartered in San Jose, Calif., mCube is a motion sensors provider.

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JHL Biotech raises $35 mln Series B funding

Milestone Capital has led a $35 million Series B funding in JHL Biotech, Inc., a biopharmaceutical company. Milestone was joined by a consortium of venture capitalists and individuals, including President International Corp., Fubon Financial Holdings, Taishin Financial Holdings, TaiAn Technologies, Hotung Group, Allen Chao, and existing Series A investors China Development Industrial Bank, Biomark Capital and Kleiner Perkins Caufield & Byers.

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