IVP Backs Video Camera Maker Dropcam

Dropcam, maker of a high-definition Wi-Fi video camera, has raised a $30 million Series C round led by Institutional Venture Partners. Existing investors Accel Partners and Menlo Ventures also invested in the round, as did new investor Kleiner Perkins Caufield & Byers. The San Francisco-based company has now raised $47.8 million in total capital.

Scality Lands $22 Million, Led by Menlo Ventures and Iris Capital

Scality, a San Francisco-based startup that is focused on large-scale storage management, has closed on $22 million in Series C funding, bringing its total capital raised to $35 million. Menlo Ventures and Iris Capital led the round, which included participation from FSN PME and existing investors Idinvest Partners, OMNES Capital, and Galileo Partners.

Menlo Adds More As Venture Partner, Gorelik As EIR

Menlo Ventures has added Avery More as a venture partner and Alex Gorelik as an EIR, according to a blog post. More will source enterprise deals at the firm and Gorelik will incubate a company and offer advice on the cloud and big data investments.

Menlo Adds Karl Mehta As A Venture Partner

Menlo Ventures says it added Karl Mehta as a venture partner. Mehta will focus on sourcing investments and will advise portfolio companies in financial services, mobile payments, e-commerce and gaming. He was the founder and CEO of Menlo-backed PlaySpan, which sold to Visa. The Obama Administration named him as a White House Presidential Innovation Fellow in 2012.

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An Investor Blends Business with Social Service, and Reaps the Rewards

Iranian-born entrepreneur-investor Shervin Pishevar has become a well-known brand in Silicon Valley in recent years largely because of his social entrepreneurship, not his startup prowess. His particular cause has been eradicating many of the hurdles that foreign-born entrepreneurs still face in entering and remaining in the U.S. But clearly, Pishevar’s social conscience has been good for business.

Video Ad Startup Virool Raises $6.62 Million

Virool, a year-old San Francisco-based video advertising startup, has closed on $6.62 million in funding from a long list of investors in what the company claims is the biggest seed round raised so far by a graduate of the the Y Combinator incubator program. (Virool came out of the program last summer.) The company’s institutional investors include Draper Fisher Juvetson and Menlo Ventures; individuals who contributed to the funding include Paul BuchheitDave McClure, and Yuri Milner.

Menlo Ventures Appoints Venture Advisor

Menlo Ventures has announced Shervin Pishevar’s new strategic position at the firm as venture advisor. Since joining in 2011, Pishevar has focused on investments in consumer Internet, social web, mobile and the emerging collaborative consumption space.

YuMe Acquires Crowd Science

YuMe, a provider of digital brand advertising software and services, has acquired Crowd Science, an audience targeting technology company. YuMe is backed by Accel Partners, BV Capital, DAG Ventures, Intel Capital, Khosla Ventures, Menlo Ventures, Samsung Ventures, Translink Capital and WestSummit Capital.

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