Electric Cloud grabs $4 mln

Electric Cloud said Tuesday that it has received an additional $4 million in Series E funding, bringing the round’s total tally to $12 million. The investors included Siemens’ Venture Capital, US Venture Partners, Mayfield Fund, RRE Ventures and Rembrandt Venture Partners. Headquartered in Sunnyvale, Calif., Electric Cloud is a provider of software solutions.

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VC-backed OnDeck hires new SVP of technology

OnDeck has hired Pamela Rice as senior vice president of technology. Previously, Rice worked at PayPal. Headquartered in New York City, OnDeck, which is backed by Google Ventures, SAP Ventures, RRE Ventures, Tiger Global and Institutional Venture Partners, is a small business lender.

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RRE begins raising $250M sixth fund

RRE Ventures has begun raising a sixth fund with a target of $250 million, according to a filing with the Securities and Exchange Commission. The New York’s firm’s previous fund, RRE Ventures V from 2011, was $230 million in size and RRE Ventures IV from 2006 was $300 million, according to Thomson Reuters, publisher of peHUB.

Shake secures $3m VC funding

Mobile-first legal startup Shake has raised $3 million in venture capital financing. SoftBank Capital led the Series A round of funding with participation from existing investor RRE Ventures and from new investors BoxGroup, ENIAC Ventures, Mesa+, WGI Group, and Patrick Keane.

On Deck Raises $17M From Google Ventures, Peter Thiel, Industry Ventures

On Deck said it raised $17 million as an expansion of its Series D financing in a deal led by Google Ventures and joined by PayPal co-founder Peter Thiel and Industry Ventures. The Series D now totals $59 million, with $42 million having closed in February. The first tranche of Series D financing was led by Institutional Venture Partners and joined by RRE Ventures, SAP Ventures and First Round Capital.

Flash Storage Company WhipTail Raises $31M Series C

WhipTail, a Whippany, N.J.-based flash based storage company, has raised a $31 million Series C round of funding from SanDisk, Ignition Partners, RRE Ventures and Spring Mountain Capital. Silicon Valley Bank provided debt financing and the company said an unnamed Silicon Valley industry titan also invested.

New Enterprise Leads $35 Mln Round for Braintree

Braintree said Wednesday that it raised a $35 million Series B round of funding led by New Enterprise Associates . Existing investors, including Accel Partners, RRE Ventures and Greycroft, also participated. Chicago-based Braintree, a payments platform for online and mobile commerce, has raised a total of $70 million in funding.

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