Cloud service provider Ravello Systems has closed its second round of funding bringing the total amount raised to $26 million. Ravello is now backed by Sequoia Capital, Norwest Venture Partners and Bessemer Venture Partners.
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Norwest Venture Partners is apparently preparing to open a New York office, eager to expand its presence in the Big Apple’s Internet startup scene, sources say.
PICS Auditing, an SaaS and tech-enabled services business has secured a $35 million minority equity investment from Norwest Venture Partners. The firm’s Jon Kossow and Rob Arditi have joined PICS’ board of directors.
Utah-based Health Catalyst announced it has raised a $33 million Series B round, led by Norwest Venture Partners and including Sequoia Capital and Sorenson Capital.
VC marketing is nothing new. But lately, many firms have recruited people with agency or startup experience, which some observers say is an important way for firms to recruit young entrepreneurs and branch out into social media marketing.
ScaleIO said it raised $12 million from Greylock IL Partners, Norwest Venture Partners and other private investors. The company also came out of stealth and released ScaleIO ECS v. 1.1 of its storage software. ScaleIP will use the new money to expand its field operations.
Jim Fowler, who founded Jigsaw to create crowdsourced business contacts and then sold the company to Salesforce for $175 million in 2010, has raised $17.3 million for his lates startup called InfoArmy. The funding came from Norwest Venture Partners, which was an investor in Jogsaw, and Trinity Ventures. InfoArmy has now raised $19.3 million in funding, following a $2 million Series from Fowler when the company was founded in 2011. Jeff Crowe of Norwest (and a former Jogsaw board member) and Patricia Nakache of Trinity have joined the InfoArmy board.
Thyrocare Technologies, a medical diagnostics services provider based in Mumbai, has secured investment of INR 120 crores from Norwest Venture Partners. Sohil Chand, managing director of NVP India, will join Thyrocare’s board of directors.
Capillary Technologies, a cloud-based customer engagement solution provider for large enterprises, has raised $15.5 million in a Series A round that was led by Norwest Venture Partners and Sequoia Capital and included exsting investor Qualcomm Ventures.