Chinese online retailer Jumei seeks to raise $400 mln for IPO

According to an SEC filing, Jumei International Holding Limited has filed for a $400 million IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be determined. Goldman Sachs (Asia), Credit Suisse and J.P. Morgan will serve as lead underwriters. Based in Beijing, Jumei, which is backed by Sequoia Capital and Ventech, is an online retailer.

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View from the secondary market: Sought-after venture capital funds

Secondaries broker Setter Capital has published a list of the 25 most sought after venture capital funds on the market. Brand names like Sequoia Capital and New Enterprise Associates topped the list, but overall venture funds have less demand than buyout funds, in part because of venture GPs’ tight control over transfer of LP stakes.

VC-backed Dropbox names former Secy of State Rice to board of directors

According to an announcement on its site made by CEO and founder Drew Houston, Dropbox has added former Secretary of State Dr. Condoleezza Rice to its board of directors. Rice served in her post under former President George W. Bush. Also, the firm has named Sujay Jaswa as its chief financial officer and Dennis Woodside as its chief operating officer. Based in San Francisco, Dropbox allows computer users to share photos, documents and videos anywhere without emailing files. Its backers include Sequoia Capital, Accel Partners, Benchmark, Goldman Sachs, BlackRock and Morgan Stanley. To read further details about Dropbox expanding its leadership team and adding Rice to its board, visit here.

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Bain Capital Ventures leads $20 mln round for Kenshoo

Digital marketing software provider Kenshoo said Wednesday that it has raised $20 million in financing. Bain Capital Ventures led the round with participation from return backers Sequoia Capital, Arts Alliance and Tenaya Capital. Also, Deepak Sindwani, a partner at Bain Capital Ventures, has been added to Kenshoo’s board of directors.

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Clever raises $10.3M in Sequoia led Series A

Clever said it raised a $10.3 million Series A round led by Sequoia Capital. The round was joined by Y Combinator founder Paul Graham, Y Combinator President Sam Altman and Deborah Quazzo of GSV Advisors. Sequoia Partner Bryan Schreier will join the board.

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Content marketing platform Percolate nabs $24 mln

New York City-based content marketing platform Percolate said Tuesday that it has raised $24 million in Series B financing. Sequoia Capital led the round with participation from previous backers GGV Capital, First Round Capital, Lerer Ventures and WPP. Also, Percolate has added Mike Dixon of Sequoia to its board of directors.

NTT invests in VC-backed Quantenna Communications

NTT Finance Corp, which is part of the NTT Group, has made an undisclosed investment in Quantenna Communications. Headquartered in Silicon Valley, Quantenna Communications is a provider of Wi-Fi solutions. Its backers include DAG Ventures, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners, Telefonica Ventures and Venrock.

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