Square’s Jared Fliesler Joins Matrix Partners as General Partner

Matrix Partners, the Palo Alto, Calif.-based venture firm, has brought aboard a new general partner. Jared Fliesler joins the firm from the privately held payments company Square, where he served as VP of user acquisition and business operations. Prior to Square, Fliesler was an executive with Slide and is credited with helping to negotiate the company’s $200 million sale to Google in 2010.

Conductor Secures $20m Series C

Conductor, a search engine optimization technology business, has secured $20 million in Series C financing led by Investor Growth Capital. Existing investors FirstMark Capital and Matrix Partners also participated in the round.

textPlus Raises Funds Led by The Raine Group

textPlus, a provider of free mobile communications worldwide, has raised $18 million in capital led by The Raine Group. Previous textPlus investors Kleiner Perkins Caufield Byers, Matrix Partners and GRP Partners have also joined in this fourth round of funding for the company. Proceeds will be used towards international expansion, product development and strategic acquisitions.

Work4 Labs Attracts Series A from Matrix Partners

Work4 Labs has received $11 million in Series A funding from Matrix Partners and a group of select industry experts. Work4 Labs uses Facebook and other social networks to help businesses hire for positions at every level, from hourly workers to mid-level executives.

Zendesk Powers Up With $60M

Zendesk, a provider of on-demand, help desk, customer services support network, has raised $60 million in new funding including $45 million in equity. Investors include new investors Index Ventures, GGV Capital, Goldman Sachs and existing investors Charles River Ventures, Benchmark Capital and Matrix Partners. The San Francisco-based company also secured $15 million in debt from Silicon Valley Bank. Zendesk has now raised more than $80 million in total funding since it was founded in 2007. CEO Mikkel Svane told peHUB in an email that the conmpany doesn’t have any acquisitions planned. “But we are focusing heavily on attracting the right talent and DNA to the company. We need a bigger pile of chips on the table to continue to execute at the pace we’re executing,” he said.

Mobile Advertising Startup Adelphic Mobile Launches, Raises $2M from Matrix Partners

Adelphic Mobile today launched its intelligent Predictive Data Platform to allow companies to buy and sell mobile advertising at scale and optimize those campaigns. The company, which raised $2 million in seed funding from Matrix Partners, is founded by mobile advertising vets Jennifer Lum and Changfeng Wang. PRESS RELEASE Adelphic Mobile Introduces Intelligent Predictive Data PlatformTM for […]

CloudBees Appoints New VP of Business Development

CloudBees, a Java Platform as a Service (PaaS) innovation provider, has appointed Andrew Lee, former director of strategy and corporate business development at VMware, as vice president of business development. Backed by Matrix Partners and Lightspeed Venture Partners, CloudBees was founded in 2010 by former JBoss CTO Sacha Labourey and a team of middleware and […]

Kariana Appoints Matrix Partners Co-Founder

Kariana Resources has appointed Joel Dumaresq as the company’s new chief executive officer and as an additional director. Herrick Lau has resigned from his position as chief executive officer and will continue to act as a director of the company. Dumaresq is co-founder and partner of Matrix Partners, a Canadian private-equity and merchant banking group. […]

Skyfire Raises $8m in Series C

Skyfire Labs, a provider of mobile video optimization and cloud solutions for mobility, has raised $8 million in its Series C financing. Verizon Investments, a subsidiary of Verizon Communications participated in the round, alongside current investors Matrix Partners, Trinity Ventures, and Lightspeed Venture Partners. Skyfire is based in Mountain View, Calif., in the heart of […]

Polyvore Raises Series C

Polyvore, a fashion community website, has raised $14 million in Series C financing, led by DAG Ventures with participation from new investors Goldman Sachs and Vivi Nevo (NV Investments). Early Polyvore investors Benchmark Capital and Matrix Partners also participated in the funding round. PRESS RELEASE Polyvore, Inc., the web’s largest fashion community site, today announced […]

VideoIQ Gets Further Funding

VideoIQ, a provider of iall-in-one video surveillance solutions, has expanded its Series C investment round with an additional $3.5 million from its existing investors Atlas Venture, Matrix Partners and Tenaya Capital. The fudningh brings the total Series C round to $11M and will be used to support the expansion of the sales and product development […]

Framehawk Adds $11M Series B

Framehawk Inc. has raised $11 million in Series B financing from Matrix Partners and undisclosed existing investors, the company announced Tuesday. The “stealth-mode” company says it is focused on enterprise mobility software. Framehawk previously raised $5.5 million from Alsop Louie Partners, Correlation Ventures and Triangle Peak Partners.

SNS+ Gets Backing

Chinese early growth and expansion stage venture capital firm WI Harper Group and Matrix Partners have co-led a USD $4 million investment into SNS Plus (“SNS+”), an international publisher and distributor of worldwide games with a focus on the Asian market. As of June 2011, SNS+ has published more than 60 games on Facebook, and […]

Intent Media Raises $20M from Redpoint Ventures and Matrix Partners

The New York-based online advertising startup Intent Media has raised $20 million from Redpoint Ventures and Matrix Partners. Intent, started by several former Travelocity executives, had previously raised $8 million from Matrix in 2009. PRESS RELEASE: Intent Media (http://www.intentmedia.com) announced today that it has raised $20 million from Redpoint Ventures and Matrix Partners in a second round of financing. Intent […]

Gilt Confirms Buy of BuyWithMe But CEO Crowley’s Status Unclear

Today, Gilt Groupe made it official.

New York-based Gilt said it has acquired BuyWithMe. Financial terms of the deal, which closed yesterday, weren’t announced.

Boston-based BuyWithMe offers daily deals to a customer base of millions in 13 markets around the country, according to a statement. BuyWithMe is being integrated into Gilt City, which offers “local experiences,” a spokeswoman says.

BuyWithMe Said to Have Found a Buyer

BuyWithMe is being sold to Gilt Groupe, according to a report from Beta Beat.

Financial terms weren’t disclosed. The daily deals site will officially become part of Gilt, an online seller of designer fashion, on Nov. 1, the story says.

The sale comes after BuyWithMe reportedly laid off half of its staff earlier this month. BuyWithMe has secured about $30 million in funding, Beta Beat says. This includes $5.5 million in funding from Matrix Partners in January 2010. BuyWithMe, the following July, scored another $16 million in a round led by Bain Capital Ventures.

Care.com Inks $25M, According to Filing

Care.com has raised $25 million in new funding, according to a regulatory filing. The company is an online search portal that helps people find caregivers – ranging from babysitters to housekeepers and senior caregivers. Care.com inked a $20 million round last year from investors including New Enterprise Associates, Matrix Partners and Trinity Ventures.

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