Neon Labs nabs $4.1 mln Series A

Neon Labs has raised $4.1 million in Series A funding. Mohr Davidow Ventures led the round with participation from return backers True Ventures and Steve Blank. Based in San Francisco, Neon Labs is an image selection platform for monetizing digital content.

VC-backed OpenDNS hires CFO

OpenDNS has hired Burt W. Podbere as chief financial officer. Previously, Podbere worked at Net Optics where he served as CFO. Based in San Francisco, OpenDNS is a provider of internet security solutions. Its backers include Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital.

Nokia’s HERE to buy VC-backed Medio Systems

Nokia subsidiary HERE is planning on buying Medio Systems. No financial terms were disclosed. Based in Seattle, Medio Systems is a provider of predictive analytics for mobile applications. Its backers included Mohr Davidow Ventures, Trilogy Equity Partnership, Accel Partners and Frazier Technology Ventures.

VC-backed PunchTab expands advisory board

PunchTab said Friday that it has added Kiersten Hollars to its board of advisors. Hollars is the vice president of communications and brand marketing at Hightail. Formerly she was a partner at Andreessen Horowitz. Based in Palo Alto, Calif., PunchTab is an omni-channel engagement and insights platform. Its backers include Mohr Davidow Ventures, The Social+Capital Partnership and Crunch Fund.

Internet security provider OpenDNS bags $35 mln

OpenDNS said Thursday that it has secured $35 million in funding. The investors were Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital. Based in San Francisco, OpenDNS is a provider of internet security solutions.

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Kabbage raises fresh $50 mln in SoftBank-led round

Kabbage, an online lender for small businesses, has raised a $50 million Series D round led by SoftBank Capital. Also participating in the round is TCW/Craton, Lumia Capital and existing investors, including UPS Strategic Enterprise Fund, Thomvest Ventures, BlueRun Ventures, Mohr Davidow Ventures and individuals David Bonderman and Warren Stephens. As part of the latest round, Steve Murray, a partner at SoftBank, has joined the board. Atlanta-based Kabbage has now raised about $106 million in equity since 2010.

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PunchTab bags $6.25 mln

PunchTab said Thursday that it has raised $6.25 million in funding. Mohr Davidow Ventures led the round. Based in Palo Alto, Calif., PunchTab is an omni-channel engagement and insights platform.

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WorkFusion snags $15 mln Series B funds

WorkFusion, formerly known as CrowdComputing Systems, said Tuesday that it has received $15 million in Series B funding. Mohr Davidow Ventures led the round with participation from previous backers Greycroft Partners, iNovia Capital and RTP Ventures. In conjunction with the funding, Katherine Barr, a general partner at Mohr Davidow Ventures, will join the company’s board of directors. Headquartered in New York City, WorkFusion is a crowd computing platform.

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Spark Capital leads Series A round for Storefront

Storefront said Monday that it has closed $7.3 million in Series A funding. Spark Capital led the round with participation from investors that included Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel and Vikram Pandit. In addition to the funding, Mo Koyfman has been added to Storefront’s board. Storefront is an online marketplace that helps designers and artists find retail space to sell their products.

Kabbage raises $270 mln in cabbage

Kabbage, an online lender for small businesses, announced today that it has raised a $270 million revolving line of credit. The debt round, which goes directly into the company’s lending operations to provide funding to its customers, was oversubscribed. Investors were undisclosed, but a Kabbage spokesperson said they include major banks, pension funds and insurance companies. Previously, the Atlanta-based company raised $97 million in debt, including a $75 million credit facility through Victory Park Capital and Thomvest Ventures in 2013.

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Meritech Capital leads $40 mln round for Coupa Software

Coupa Software said Thursday that it has secured $40 million in Series F funding. Meritech Capital led the round with participation from Icon Ventures, Northgate Ventures, Crosslink Capital, Mohr Davidow Ventures, Battery Ventures, El Dorado Ventures and Blue Run Ventures also participated. In addition to the funding, George Bischof, managing director of Meritech Capital Partners, has been added to Coupa’s board as an observer. Based in San Mateo, Calif., Coupa Software is a provider of cloud-based solutions for finance.

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Security firm Trustwave buys VC-backed Cenzic

Security company Trustwave has acquired Cenzic. No financial terms were disclosed. Based in Silicon Valley, Cenzic is a provider of security testing solutions for mobile, web and cloud apps. Cenzic’s backers include Mohr Davidow Ventures, Hummer Winblad Venture Partners and Advanced Technology Ventures.

People Pattern raises Series A led by Mohr Davidow Ventures

People Pattern has raised a $4.5 Million Series A funding. Mohr Davidow Ventures, who was a seed investor in People Pattern earlier in 2013, led the investment round with additional participation from private investors. People Pattern has built an advanced analytics marketing platform for audience segmentation, user classification, and audience activation.

SIPX Raises $4M From Mohr Davidow, XSeed, Stanford, Others

SIPX, Inc. said it raised $4 million of Series B financing in a deal led by Mohr Davidow Ventures and joined by XSeed Capital, Stanford University, Ulu Ventures and angel investors. The round was over subscribed, and Mohr Davidow General Partner Jon Feiber has joined the board.

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