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Elementum nabs over $60 mln

Elementum, which emerged from stealth mode in February, has received over $60 million in funding. Investors included Lightspeed Venture Partners, Flextronics, Jerry Yang, co-founder of Yahoo, Aaron Levine, co-founder and CEO of Box and Dave Duffield, co-founder and co-CEO of Workday. Also, Elementum has named Duffield, David Dibble, former EVP of Yahoo, David Henke, former SVP of LinkedIn and Aneel Bhusri, co-founder, chairman and co-CEO of Workday, to its board of advisors. Based in Silicon Valley, Elementum is a provider of supply chain management information solutions for the mobile workforce.

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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.

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Bessemer’s Cloud Computing Stock Index

If you remain doubtful that cloud computing software investments can pay off, just look at the numbers. Thirty of the largest publicly traded cloud software companies now have a combined market cap of more than $100 billion;

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VCs Favor LinkedIn Over Twitter

Twitter is often the toast of social networking for its broad reach, but LinkedIn plays perhaps a bigger role among venture capitalists, a new study has found. Ninety-five percent of the Forbes Midas List of the top 100 VCs has a presence on LinkedIn, but only 64 are on Twitter – and three of those users have never tweeted.

Keith Rabois Joins Khosla Ventures’ Bench of “Venture Assistants”

Keith Rabois, a serial operating executive who most recently resigned as the chief operating officer of the payments company Square, has joined the venture firm Khosla Ventures as a partner. Before joining Square, Rabois spent numerous years at LinkedIn, first as a vice president, then as an executive VP of strategy and business development. Earlier in his career, Rabois, who has a law degree, was also an executive VP focused on public policy at PayPal. He also spent a year as an entrepreneur-in-residence at Clarium Capital, the hedge fund run by PayPal cofounder Peter Thiel.

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peHUB First Read

This morning First Read brings you the latest on private equity manager bonuses, Spark Capital’s oversubscribed fund close and whether Facebook could possibly acquire LinkedIn?

The World, And Facebook, According To Reid Hoffman

Facebook stock is likely an attractive long-term buy, Y Combinator might be seeing stress signs from its expansion, and Greylock Partner’s Discovery Fund is now three-quarters through its $20 million in capital. So says Reid Hoffman.

A Perfect Fit for True&Co?

True&Co, an online intimates retailer has secured $2 million in first round funding from top investors, including First Round Capital, SoftTech VC, Aileen Lee, Softbank Capital and former LinkedIn executive Ellen Levy. The company has also just unveiled a service to fit women into the perfect bra online with no measuring tape. PRESS RELEASE Two […]

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