TigerText taps three for board

TigerText, a Santa Monica, Calif.-based provider of real-time messaging, has added Sean Flynn, Steve Yecies and Vijay Lathi to its board. Flynn is partner at Shasta Ventures while Yecies is a venture partner at OrbiMed and Lathi is a managing director at New Leaf Ventures.


Spiceworks raises $57 mln led by Goldman Sachs – Reuters

Information technology network company Spiceworks has raised $57 million in venture capital funding led by Goldman Sachs. The Austin, Texas-based company has also secured funding in the past from Austin Ventures, Shasta Ventures, Institutional Venture Partners, Adams Street Partners, and Tenaya Capital.

Mocana raises $15 mln in strategic funding; GE Ventures leads round

Mocana, a provider of a platform that helps secure mobile devices, has received a strategic investment from GE Ventures, with existing investors Shasta Ventures, Southern Cross Venture Partners, Symantec and Trident Capital also participating in the round. The company told peHUB that the amount of the round was $15 million. San Francisco-based Mocana previously raised $47 million in funding, the company said. This includes a $25 million round in July 2012 at a $138.9 million valuation, according to Thomson Reuters (publisher of peHUB).

Apptio Raises $45M From Janus, Hillman, Andreessen, Madrona, Others: CORRECTION

Apptio said it raised a $45 million Series E round of funding led by Janus Capital, the Hillman Company and an unnamed institutional investor. The round was joined by existing investors Andreessen Horowitz, Greylock Partners, Madrona Venture Group, Shasta Ventures, and accounts managed by T. Rowe Price Associates. The new round brings the total raised to $136 million.

RelayRides Acquires Wheelz

Car sharing marketplace RelayRides has acquired car sharing platform Wheelz. RelayRides has raised more than $13 million in venture capital funding from investors including Google Ventures, August Capital, Shasta Ventures and General Motors Ventures.

LiquidSpace Raises $1.3M From Steelcase, CBRE Group

LiquidSpace said it raised $1.3 million as a follow-on to a $6 million Series B round completed earlier this year. The funding comes from two new strategic investors, Steelcase and CBRE Group, Inc. In January the company raised $6 million in a deal led by The GPT Group and joined by Shasta Ventures, Floodgate Fund and Greylock Capital. Total funding is now $12.385 million.

VoloMetrix Raises $3.3M In Shasta Led Deal

VoloMetrix said it raised $3.3 million in a Series A financing led by Shasta Ventures. The company raised a seed round of $1.6 million from Shasta Ventures in April 2012. The new money will allow the company to expand the development of its Social Enterprise Intelligence applications and pursue new markets.

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