Enterprise mobile application management business Apperian has received a strategic investment from Intel Capital, Intel’s global investment and M&A organization. The additional capital will build on previous investments Bessemer Venture Partners, Kleiner Perkins Caufield & Byers and North Bridge Venture Partners and brings Apperian’s total funding to date to $28 million.
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New Enterprise Associates, Inc. said Dayna Grayson joined the firm as partner. She will work with NEA’s East Coast technology team and focus on early-stage enterprise and consumer Internet investments. Grayson was previously at North Bridge Venture Partners in Boston where she made seed and early-stage consumer Internet and software-as-a-service investments.
North Bridge Venture Partners and Floodgate have invested $5 million in Sharethrough, a provider of video advertising services. The San Francisco-based company raised a $5 million Series A round from the same two venture firms two years ago.
Valence Health, a provider of clinical integration and health plan services, has secured a $30 million minority investment from North Bridge Growth Equity, a venture capital growth equity firm focused on investing in mid-stage, emerging and high-growth technology companies. North Bridge Growth Equity is affiliated with North Bridge Venture Partners. PRESS RELEASE Valence Health, a [...]
Cool Planet Energy Systems has appointed Howard Janzen as president and CEO and Michael Bukowski as vice president of Fuel Production. Cool Planet is developing technology to convert any type of cellulosic biomass including agricultural waste and fast growing energy crops into sustainable gasoline. Cool Planet’s investors include General Electric, Google, BP, Conoco Phillips, NRG [...]
Gridco Inc., a smart grid power management startup founded by Naimish Patel, founder of publicly traded Sycamore Networksm has raised $8 million in funding from investors, according to an SEC filing that appeared early yesterday. Patel is listed as president of Gridco. Among those listed as Gridco’s directors are Ric Fulop, a partner at North [...]
North Bridge Venture Partners has appointed former Facebook vice president of technical operations, Jonathan Heiliger, as a general partner. He will be based in North Bridge’s Silicon Valley office, expanding the firm’s West Coast presence. PRESS RELEASE North Bridge Venture Partners, a leading multi-stage venture capital firm today announced that former Facebook vice president of [...]
Shea Ventures led a Series C round for Cool Planet BioFuels Inc., the company announced Thursday. BP Technology Ventures also contributed, as did return investors General Electric, Google Ventures, ConocoPhillips, NRG and North Bridge Venture Partners. Cool Planet BioFuels is developing bio-based renewable, reduced carbon gasoline that can be blended with conventional gasoline. The company did not disclose the amount of the round.
Mobile ad network Tapjoy Inc. has formed an advisory board. The board consists of Peter Yared, chief technology officer of CBS Interactive; Bernardo Hernandez, head of emerging products at Google; Razorfish CMO Jeff Lanctot; Arjun Sethi, CEO of LOLapps; GameStop director Shane Kim; Jim Elms, lead of global strategy and insights at UM; Matt Ocko, managing director of Archimedes Capital; and Tom Moss, chief executive of 3LM. San Francisco-based Tapjoy is backed by J.P.Morgan Asset Management, Rho Ventures, North Bridge Venture Partners, InterWest Partners and D.E. Shaw Ventures.
Actifio, a Waltham, Mass.-based storage platform company, has raised $33.5 million in Series C financing. Andreessen Horowitz led the round, which included existing investors North Bridge Venture Partners, Greylock Partners and Advanced Technology Ventures. Peter Levine, a general partner at Andreessen Horowitz, has joined the company’s board.