According to a news release posted on its site, Octro, the India-based gaming firm, has closed $15 million in funding from Sequoia Capital. To read the announcement, click here.
(Reuters) Sequoia Capital, best known for its early stage investments in companies such as Google, has raised $530 million for its fourth India-focused fund, the U.S. venture capital fund said in a statement.
App Annie has closed $17 million in funding. Previous backers IDG Capital Partners, Greycroft Partners and Sequoia Capital participated in the round. In addition to the funding, the firm has acquired mobile analytics firm Distimo. No financial terms were disclosed. Headquartered in San Francisco, App Annie is a provider of app analytics and market data.
According to a blog post on its site, DoorDash has received $17.3 million in Series A funding. Sequoia Capital led the round with participation from Khosla Ventures, Charles River Ventures, Pejman Mar Ventures and Ted Zagat. Also, the firm has added Alfred Lin to its board. Headquartered in Palo Alto, Calif., DoorDash enables small business owners to offer local delivery services. To read the announcement, visit here.
San Francisco-based consumer service Thumbtack has closed $30 million in Series C funding. Sequoia Capital and Tiger Global Management led the round. According to the company, the capital will be used for growth and product development.
ZirMed, which is backed by Sequoia Capital, has acquired Intelligent Healthcare. No financial terms were disclosed. Based in Santa Monica, Calif., Intelligent Healthcare is a data-driven clinical integration and population health management firm.
Assurex Health has secured a $25 million term and revolving credit facility. GE Capital, Healthcare Financial Services, acting as agent, and Silicon Valley Bank financed the credit facility. Existing investors Sequoia Capital, Claremont Creek Ventures, Mayo Clinic, Cincinnati Children’s Hospital Medical Center, CincyTech, Allos Ventures, Four Rivers Partners, Danmar Capital, and jVen Capital, provided an additional $7 million to complete the $32 million financing. Assurex Health is a neuropsychiatric personalized medicine company.
FutureAdvisor, which operates an online-based financial advisory services, announced it has raised $15.5 million Series B round that was led by Canvas Venture Fund. Existing investors, including Sequoia Capital, also participated in the round. As part of the funding, Rebecca Lynn, managing director of Canvas, has joined the board. FutureAdvisor has now raised $21.5 in total financing.
Sumo Logic has raised $30 million in a round led by Sequoia Capital, with participation from existing investors Greylock Partners, Sutter Hill Ventures and Accel Partners. Sumo Logic is a next generation machine data analytics company.
Home solar firm Sunrun has closed $150 million in equity financing. The investors were not named although according to the firm, a “leading public institutional investor” led the round. Sunrun’s previous backers include Accel Partners, Sequoia Capital, Foundation Capital and Madrone Capital Partners.
OpenDNS said Thursday that it has secured $35 million in funding. The investors were Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital. Based in San Francisco, OpenDNS is a provider of internet security solutions.
Last year saw several top performing funds in the University of California’s recent-vintage venture portfolio consolidate performance gains, as others continue to advanced, affiliate magazine Venture Capital Journal reported.
Think Finance, a producer of online financial products, is restructuring its business and spinning off a new independent company named Elevate. According to the firm, Elevate will own Think Finance’s portfolio of products that include RISE, Elastic and Sunny while Think Finance will focus on providing analytics and tech services to third-party lenders. Ken Reese, former CEO of Think Finance, will lead Elevate. And, Martin Wong, former chief integrity officer at Think Finance, has been appointed the firm’s CEO. Think Finance is backed by Sequoia Capital and Technology Crossover Ventures.
Guardant Health said Tuesday that it has closed over $30 million in Series B financing. Khosla Ventures led the round with participation from Sequoia Capital and Pejman Mar Ventures. Based in Redwood City, Calif., Guardant Health is a provider of cancer testing.
AgilOne said Thursday that it has raised $25 million in Series C funding. Tenaya Capital led the round with participation from Next World Capital, Four Rivers Group, Sequoia Capital and Mayfield Fund. Based in Mountain View, Calif., AgilOne is a cloud-based predictive marketing platform.
AgilOne, which provides a cloud-based predictive intelligence application for marketers, has raised a $25 million Series C round led by Tenaya Capital. The funding included participation from Next World Capital and Four Rivers Group, as well as existing investors Sequoia Capital and Mayfield Fund. The Mountain View, Calif.-based company previously raised $16 million in funding. As part of the latest deal, Tom Banahan, managing director of Tenaya, has joined the board.
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.
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.