Redpoint Ventures hires former Twitter executive – Reuters

(Reuters) – Redpoint Ventures said on Tuesday it has hired Twitter‘s former head of platform Ryan Sarver to be a partner. Separately, Redpoint said it was promoting Tomasz Tunguz from principal to partner, and hiring Jamie Davidson, former vice president of product at Hotel Tonight, as senior associate.

Online Video Company Qwilt Lands $16M

Qwilt, which provides an online video platform, has raised $16 million in a Series C round led by Bessemer Venture Partners. Previous investors Accel Partners, Redpoint Ventures and Marker LLC also participated in the round. With the funding, the Redwood City, Calif.-based company has now raised $40 million in total funding

Inadco Raises $11M From USVP, Redpoint

Inadco, Inc. said it raised $11 million in a Series B round led by U.S. Venture Partners and joined by existing investor Redpoint Ventures. The company had previously raised a $5 million Series A round from Redpoint, SV Angel, Mike Walrath, former CEO of Right Media, and Matt Coffin, founder of LowerMyBills.com.

Twilio Rings Up $70M Round

Cloud communications company Twilio has raised a $70 million Series D round co-led by Redpoint Ventures and Bessemer Venture Partners, with Draper Fisher Jurvetson also participating. As part of the deal, Scott Raney, a partner with Redpoint, has joined the board. The San Francisco-based company has now raised about $103 million n total funding.

Scripted.com Raises $4.5M In Crosslink & Redpoint Led Deal

Scripted.com said it raised $4.5 million in a Series A financing led by Crosslink Capital and Redpoint Ventures. Joining the round are James Currier and Stan Chudnovsky from Ooga Labs, Branchout CEO Rick Marini, Bebo co-founder Michael Birch, Military.com co-founder Chris Michel and LA angel Paige Craig. Chris Moore from Redpoint Ventures and Eric Chin from Crosslink Capital will be join the board.

Redpoint Adds Two EIRs From VMware

Redpoint Ventures brought on two VMware executives as entrepreneurs in residence, TechCrunch reports. Javier Soltero was CTO of SaaS & application services at VMware before joining the firm, according to a bio posted on the Redpoint Web site. He came to VMware after the company he co-founded, Hyperic, was acquired by SpringSource, which was acquired by VMware.

Workspot Raises $1.9M From Kleiner, Norwest, Redpoint, Others

Workspot said it raised $1.9 million of seed funding from Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Redpoint Ventures, and angel investors, including Peter Wagner and Gaurav Garg. The company also launched a bring-your-own-mobile-device service for IT administrators, Workspot Control, and a mobile application for IPads, called Workspot.

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