Sept cov914
460 Views

LPs warm up to venture: VCJ

Near record distributions are bringing limited partners back to the asset class. As fund commitments jump so do capital flows.

165 Views

Norwest Venture Partners leads Series B round for Threadflip

Threadflip said Wednesday that it has raised $13 million in Series B funding. Norwest Venture Partners led the round with participation from previous backers Baseline Ventures, First Round Capital and Shasta Ventures. Based in San Francisco, Threadflip is a fashion marketplace for women.

105 Views

Avere picks up $20 mln Series D

Avere Systems said Thursday that it has raised $20 million in Series D funding. Western Digital Capital led the round with participation from return backers Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. Based in Pittsburgh, Avere is a provider of hybrid cloud solutions.

399 Views

mBlox snags $43.5 mln

mBlox said Monday that it has secured $43.5 million in funding. The investors included Comerica, Horizon Technology Finance, Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratem and Saints Capital. Armentum Partners advised mBox on this transaction. Headquartered in Sunnyvale, Calif., mBlox is a provider of A2P text messaging.

110 Views

Norwest Venture Partners invests in CRMnext

Global CRM solutions provider CRMnext said Friday that it has received funding from Norwest Venture Partners. No financial terms were disclosed. Zanskar Advisors advised Acidaes Solutions, the parent company of CRMnext. on the transaction.

113 Views

VC-backed MobileIron debuts IPO

MobileIron has launched its IPO after pricing its over 11 million shares at $9 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol MOBL. Morgan Stanley and Goldman Sachs are the lead underwriters. Based in Mountain View, Calif., MobileIron is a provider of mobile IT security and management for apps, content and devices. Its backers include Institutional Venture Partners, Foundation Capital, Norwest Venture Partners and Sequoia Capital.

India e-commerce firm FashionAndYou bags $10 mln

FashionAndYou has closed $10 million in funding. The investors were Sequoia Capital, Smile Group, Norwest Venture Partners, Intel Capital and Nokia Growth Partners. Based in India, FashionAndYou is a flash e-commerce site.

110 Views

Exabeam raises $10 mln from Norwest, Aspect

Big data security analytics company Exabeam has raised $10 million in a Series A round led by Norwest Venture Partners. Aspect Ventures and individual investor Shlomo Kramer also participated. The San Mateo, Calif.-based company has now raised $13 million in total funding, having previously raised $3 million from Kramer. As part of the Series A funding, Matt Howard of Norwest and Theresia Gouw of Aspect have joined the board.

True(X) Media grabs $6 mln

According to a company spokesperson, True(X) Media has received an additional $6 million in financing from its previous backers Pinnacle Ventures, Norwest Venture Partners, Jafco Ventures and Redpoint Ventures. In addition to the funding, the firm has named James Murdoch, Mich Mathews and Jon Miller to its board of directors. True(X) Media is an engagement advertising platform.

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