200 Views

Sequoia Capital leads $25 mln Series D funding round in Druva

Sequoia Capital has led a $25 million Series D funding round in Druva, a data protection business. Other participants in the funding include Nexus Venture Partners and Tenaya Capital. The funding round comes 10 months after the company raised $25 million in Series C funding from the same investors. Druva has raised a total of $67 million since 2010.

205 Views

Greycroft promotes Ansari to principal

Greycroft Partners has promoted Kamran Ansari to principal. Ansari has worked to develop Greycroft’s financial technology practice and played important roles in several deals, including three that exited in the past year. He joined Greycroft in 2012 after working as head of corporate and business development at MyYearbook/MeetMe. Prior to that, he worked as an investor at Oak Hill Capital and Lehman Brothers Venture Partners where he was on the founding team of the successor fund, Tenaya Capital.

105 Views

Avere picks up $20 mln Series D

Avere Systems said Thursday that it has raised $20 million in Series D funding. Western Digital Capital led the round with participation from return backers Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. Based in Pittsburgh, Avere is a provider of hybrid cloud solutions.

Smartling names CFO

Smartling has hired Adi Dehejia as chief financial officer. Previously, Dehejia was the CFO for Rhapsody International. Based in New York City, Smartling is a provider of cloud-based translation software solutions. It is backed by Tenaya Capital, First Round Capital, IDG Ventures, U.S. Venture Partners, Venrock and Harmony Partners.

110 Views

VC-backed AgilOne adds two to staff

AgilOne has appointed Ted Farrell as chief technology officer and Dan Moore as vice president of customer success. Previously, Farrell worked at Badgeville where he served as chief technology officer while Moore worked at RightScale. Based in Mountain View, Calif., AgilOne is a cloud-based predictive marketing platform. Its backers include Tenaya Capital. Next World Capital, Four Rivers Group, Sequoia Capital and Mayfield Fund.

102 Views

Digital business company Acquia bags $50 mln

Acquia has raised $50 million in funding. New Enterprise Associates led the round with participation from Split Rock Partners, North Bridge Venture Partners, Sigma Partners, Investor Growth Capital and Tenaya Capital. In addition to the funding, Ravi Viswanathan, general partner at NEA, has been named to Acquia’s board of directors. Headquartered in Burlington, Mass., Acquia is a digital business firm.

187 Views

Smartling closes $25 mln funding

Smartling has closed a $25 million series D round of funding, led by ICONIQ Capital. Smartling’s prior investors also participated including First Round Capital, Harmony Partners, IDG Ventures, Tenaya Capital, U.S. Venture Partners and Venrock.

159 Views

Kleiner Perkins leads oversubscribed round for Instart Logic

Instart Logic, which provides a cloud-based service for Web publishers to improve site performance over mobile and WiFi networks, has raised $26 million in Series C funding. Kleiner Perkins Caufield & Byers led the round, which included prior investors Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital. The Mountain View, Calif.-based company has now raised $43 million in total funding.

100 Views

Maxta grabs $25 mln Series B funds

Maxta, a provider of storage solutions, said Wednesday that it has raised $25 million in Series B funding. Tenaya Capital and Intel Capital led the round with participation from previous backer Andreessen Horowitz. According to the firm, the capital infusion will be used for marketing, sales and support expansion as well as product development.

117 Views

VC-backed Aspen Aerogels files for IPO

Aspen Aerogels has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Aspen Aerogels plans on listing the stock on the NYSE under the ticker symbol “ASPN.” Barclays Capital, J.P. Morgan Securities and Citigroup Global Markets are serving as lead underwriters. Headquartered in Northborough, Mass., Aspen Aerogels is a maker of aerogel insulation used mostly in energy infrastructure facilities. The firm’s backers include BASF Venture Capital, Reservoir Capital Partners, Arcapita Ventures, Tenaya Capital and RockPort Capital Partners.

Tenaya Capital leads Series C round for AgilOne

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.

Tenaya leads funding round for AgileOne

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.

205 Views

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.

126 Views

Platfora nets $38 mln

Platfora said Wednesday that it has raised $38 million in funding. Tenaya Capital led the round with participation from Citi Ventures, Cisco, Allegis Capital, Andreessen Horowitz, Battery Ventures, Sutter Hill Ventures and In-Q-Tel. Based in San Mateo, Calif., Platfora is a provider of big data analytics solutions.

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