VC-backed Mustbin promotes CTO to CEO

Mustbin, a Boston-based app for organizing, storing and sharing vital personal information, has promoted Satyender Mahajan to CEO from chief technology officer. The firm’s backers include DAG Ventures, General Catalyst, Mohr Davidow Ventures and Northgate Capital.


Mobile game developer Kiwi snags $15 mln Series B

Kiwi said Wednesday that it has received $15 million in Series B funding. Northgate Capital led the round with participation from DFJ and previous backer Sequoia Capital. Headquartered in Palo Alto, Calif., Kiwi is a mobile game developer.


Solar cell maker Solexel bags $31 mln

Solexel has closed $31 million in financing. The investors included GAF, Kleiner Perkins Caufield & Byers, Technology Partners, DAG Ventures, Northgate Capital, GSV Capital Corp. Gentry Venture Partners and Jasper Ridge Partners. Based in Milpitas, Calif., Solexel is a solar cell and module maker.

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.

Clari pulls in $20 mln Series B

Clari said Tuesday that it has received $20 million Series B funding round. Bain Capital Ventures led the round with participation from Northgate Capital and Sequoia Capital. In addition to the funding, Bain Capital Ventures’ Ajay Agarwal has been added to Clari’s board. Based in Mountain View, Calif., Clair is a mobile-first sales productivity platform.


Fashion marketplace Tradesy nets $13 mln Series B

Tradesy has secured $13 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from Sir Richard Branson, Rincon Venture Partners, Bee Partners, Northgate Capital and other unnamed investors. In conjunction with the funding, KPCB’s John Doerr and Stephanie Tilenius have been added to Tradesy’s board of directors. Headquartered in Santa Monica, Calif., Tradesy is a peer-to-peer marketplace for fashion.

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.

Foundation leads $70 mln funding of digital ad company AdRoll

AdRoll, which helps brands with online targeting of ads, has raised a $70 million funding round led by Foundation Capital. Previously, the company raised $19 million in funding. The latest round also included new investors Institutional Venture Partners, SAB Capital, Northgate Capital, Performance Equity and Glenmede, as well as existing investors Merus Capital, Accel Partners and Peter Thiel. As part of the round, Eric Liaw of IVP has joined the board.

Founder of Maker Studios Shay Carl arrives at the U.S.-Ireland Alliance pre-Academy Awards event in Santa Monica

Disney in talks to buy VC-backed Maker Studios: report

(Reuters) – Walt Disney Co is in talks to buy Maker Studios, potentially valuing the fast-growing developer and publisher of YouTube entertainment videos at half a billion dollars or more, tech blog Re/code reported on Tuesday. Maker’s VC backers include Greycroft Partners, Upfront Ventures and Time Warner Investments, among others.

MarkLogic Raises $25M From Sequoia, Tenaya, Northgate

MarkLogic Corp. said it raised a $25 million round of growth capital in a deal led by Sequoia Capital and Tenaya Capital, and joined by Northgate Capital. MarkLogic CEO Gary Bloom also invested in the round. The company, which is developing the NoSQL database, has raised a total of $71.2 million.

Drawbridge Raises $14m Series B

Drawbridge, a cross-screen mobile ad targeting business, has closed its $14 million Series B funding. Northgate Capital, a new investor in Drawbridge, leads this round. Existing investors, Kleiner Perkins Caufield and Byers and Sequoia Capital also joined the round.

Scale Computing Raises $12M

Scale Computing, maker of IT infrastructure for small to medium-sized businesses, has raised $12 million in Series D financing. Heron Capital Venture Fund led the round. Reservoir Venture Partners, Allos Ventures, CID Equity Capital, Spring Mill Venture Fund, Northgate Capital, Benchmark Capital Partners and Scale Venture Partners also contributed. Scale Computing is based in Indianapolis.

AOptix Closes $42 Million Series E Funding

AOptix, a Campbell, Calif.-based company that makes optical communications and iris biometrics-based software for the government and commercial markets, has closed a $42 million Series E round of funding by existing investors Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners, along with new investor, True Ventures. The 12-year-old […]

Ticketmaster Challenger Ticketfly Scores $22M Series C

Ticketfly, a San Francisco-based operator of a Web-based ticketing and social marketing platform, has raised $22 million in Series C funding. SAP Ventures led the round, which includes Northgate Capital, Cross Creek Capital and Mohr Davidow Ventures (MDV). Ticketfly has now raised $37 million in total funding, including a $12 million Series B round in June […]

SuVolta Attracts Further Funding

SuVolta, a developer of PowerShrink(TM) low-power IC technology that cuts chip power consumption by 50 to 90 percent, has secured $17.6 million in venture funding. New investor Bright Capital participated in the round, joining existing SuVolta investors including Kleiner Perkins Caufield & Byers (KPCB), August Capital, New Enterprise Associates (NEA), Northgate Capital, DAG Ventures and […]

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