136 Views

NewSpring leads Series C round for ad tech firm Dstillery

Dstillery said Wednesday that it has secured $24 million in Series C funding. NewSpring Capital led the round with participation from previous backers U.S. Venture Partners, Menlo Ventures and Venrock. In conjunction with the funding, Mike DiPiano of NewSpring has been added to Dstillery’s board. Dstillery is a provider of audience targeting solutions for brands.

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.

Wayin nabs $13.1 mln Series C

Wayin said Wednesday that it has raised $13.1 million in Series C financing. U.S. Venture Partners led the round. Based in Denver, Wayin is a social intelligence and display firm.

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PLUMgrid nabs $16.2 mln Series B

PLUMgrid has closed $16.2 million in Series B funding. Longworth Venture Partners led the round with participation from U.S. Venture Partners, Hummer Winblad Venture Partners, Qualcomm Ventures and Swisscom Ventures. Based in Sunnyvale, Calif., PLUMgrid is a provider of secure cloud networks for public and private clouds.

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.

Box IPO never had a set date, says company rep

Despite news reports that say that Box has delayed its IPO, according to a company spokesperson, there was never a set date for its rollout. Says the Box rep: “Since filing, we’ve planned on going when it makes the most sense for the market. That plan hasn’t changed.” Headquartered in Los Altos, Calif., Box is a data storage provider. The company filed for an IPO earlier this year. Its backers include Draper Fisher Jurvetson, US Venture Partners, Meritech Capital Partners, Andreessen Horowitz and Emergence Capital Partners.

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InsideSales.com closes Series C – Updated

InsideSales.com has closed a Series C financing. Polaris Partners led the round in the cloud-based sales acceleration technology company. Kleiner Perkins Caufield & Byers was the other major investor. Acadia Woods, EPIC Ventures, salesforce.com, Hummer Winblad, U.S. Venture Partners and Zetta Venture Partners also participated. The round also included individual investors, including Fraser Bullock, managing director at Sorenson Capital.

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Fandango agrees to buy MOVIECLIPS from VC-backed ZEFR

Fandango has inked an agreement to acquire MOVIECLIPS from ZEFR. No financial terms were disclosed. MOVIECLIPS is a YouTube network that encompasses a catalog of film clips, trailers and videos. Headquartered in Venice, Calif., ZEFR is a platform that builds social marketing and rights management software for online video. Its backers include Institutional Venture Partners, U.S. Venture Partners, Shasta Ventures, First Round Capital and Richmond Park Partners.

297 Views

Act-On raises $42 mln in deal led by TCV

Act-On Software, a developer of marketing automation software, has raised $42 million in new funding led by Technology Crossover Ventures. Existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners and Voyager Capital also participated. Act-On previously raised $32 million in funding since it was founded in 2008. As part of the funding, David Yuan, general partner at TCV, has joined the board.

Andreessen Horowitz leads Series B round for Omada Health

Digital therapeutics firm Omada Health said Wednesday that it has raised $23 million in Series B financing. Andreessen Horowitz led the round with participation from Kaiser Permanente Ventures and previous backers that include U.S. Venture Partners and The Vertical Group. Also, Balaji S. Srinivasan, a general partner at Andreessen Horowitz, has been added to Omada Health’s board of directors.

Shakeup At U.S. Venture Partners

Dan Primack at Fortune is reporting a big shakeup at U.S. Venture Partners where 16-year veteran Winston Fu is said to have left. Partner Chris Rust and Venture Partner Emily Melton also are gone while Paul Matteucci is list as an operating partner, Fortune reports.

Inadco Raises $11M From USVP, Redpoint

Inadco, Inc. said it raised $11 million in a Series B round led by U.S. Venture Partners and joined by existing investor Redpoint Ventures. The company had previously raised a $5 million Series A round from Redpoint, SV Angel, Mike Walrath, former CEO of Right Media, and Matt Coffin, founder of LowerMyBills.com.

eFFECTOR Therapeutics Raises $45 Million Series A

Biopharmaceutical company eFFECTOR Therapeutics has completed a $45 million Series A financing. Investors include U.S. Venture Partners, Abingworth, Novartis Venture Funds, SR One, Astellas Venture Management, Osage University Partners and Mission Bay Capital.

Chute Opens Up With $7M Series A

San Francisco-based startup Chute announced Tuesday it raised $7 million Series A round of funding led by Foundry Group, with existing investors Freestyle Capital and U.S. Venture Partners also participating. The company, which came out out of Y Combinator, previously raised about $3 million in funding from institutional ind individual investors, including Klout co-founder and CEO Joe Fernandez.

Sequoia, USVP Back Clustrix With Series C

Clustrix, a San Francisco-based developer of clustered databases to help make them manageable and searchable, has raised a $16.5 million Series C round of funding from current investors Sequoia Capital, U.S. Venture Partners, ATA Ventures and individual investor Don Listwin, a former executive of Cisco. The company, which was founded in late 2005 and came out of Y Combinator, has raised now raised $46.5 million to date.

CardioKinetix Completes $48 Million Series E Round

CardioKinetix, a Menlo Park, Calif.-based medical device company, has completed the $23 million second-tranche of its Series E financing, bringing the total round to $48 million. Panorama Capital is the company’s newest investor. It joins previous investors U.S. Venture Partners, JPMorgan Partners, New Leaf Venture Partners, SV Life Sciences, H&Q Healthcare Investors, and H&Q Life Sciences Investors.

Med Device Company Intersect ENT Raises Series D

Medical device company Intersect ENT has raised a $30 million Series D round of funding that was led by new investor Norwest Venture Partners. Also participating in the round were existing investors Kleiner Perkins Caufield & Byers, U.S. Venture Partners, PTV Sciences and Medtronic. The company, which develops therapies for ear, nose and throat surgeons, previously raised $30 million in known funding.

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