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HoneyBook raises $22 mln led by Norwest

HoneyBook, which provides event planning services for vendors, has raised $22 million in a Series B round of funding led by Norwest Venture Partners. Existing investors Aleph and Hillsven also participated. The San Francisco-based company has now raised $32 million in funding to date.

Updata Partners invests in First Insight

First Insight, a provider of a predictive analytics platform, has raised $14 million in a Series B round of financing from Updata Partners. As part of the funding, Updata General Partner James Socas has joined the board of the Pittsburgh-based company.

SKULLY helmet
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Smart motorcycle helmet maker SKULLY raises $11 mln

SKULLY, which makes a motorcycle helmet featuring a heads-up display, rear-facing camera and GPS, announced it has raised an $11 million Series A round. The funding was led by Walden Riverwood Ventures and Intel Capital and also included Formation 8, Techstars, Eastlink Capital and Western Technology Investments. As part of the round, Nicholas Brathwaite, partner of Walden Riverwood Ventures, has joined the board.

shutterstock_46482475
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Market researcher Play Bigger Advisors categorizes growth of Unicorns

There are 11 “super unicorns,” fast-growing tech companies that are growing at a market cap of more than $1 billion per year, and SnapChat is the youngest of the bunch, achieving a $10 billion valuation in 2.7 years. That’s one of the takeaways from San Francisco-based Play Bigger Advisors, which unveiled its Time to Market Cap (TTMC), a ranking of the top 100 U.S.-based tech companies that are growing their market caps at the fastest velocities. The list was compiled from data through the end of 2014.

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ARTIS leads funding in food content provider ChefsFeed

ChefsFeed, a provider of food-related content and food culture as curated by top chefs, announced it has raised a $4 million Series A round. ARTIS Ventures led the funding, which included Structure Capital, Haas Portman and Subtraction Capital, as well as individual investors. The San Francisco-based company previously raised about $4 million combined in seed rounds.

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Enterprise storage provider Exablox raises $16 mln; Dell joins as strategic investor

Enterprise storage company Exablox has raised a $16 million Series C round of funding. Dell Ventures joins the round as a new investor, along with existing backers DCM Ventures, Norwest Venture Partners and U.S. Venture Partners. Sunnyvale, Calif.-based Exablox, which was founded in 2010 to provide storage services for businesses, has now raised $38.5 million in total funding.

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LocoMotive powers forward with $4 mln Series A

LocoMotive Labs, a Berkeley, Calif.-based developer of educational apps for young elementary students, has raised a $4 million Series A financing round co-led by Softbank Ventures Korea and TAL Education Group. Also participating in the round are existing investors K9 Ventures, Kapor Capital, NewSchools Venture Fund, Joe Gleberman, D3Jubilee and Jerry Colonna. The company has now raised $5.15 million in funding to date. As part of the Series A, Sean Lee of Softbank Ventures Korea has joined the board.

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Livefyre announces $47 mln in funding as Adobe and Salesforce Ventures join investors

Livefyre, an enterprise software provider that helps companies engage with customers online, announced it has raised $47 million in funding from new investors Adobe and Salesforce Ventures, as well as existing backers Cue Ball, Greycroft Partners, Hillsven Capital and U.S. Venture Partners. The funding includes a recently closed $32 million Series D round and a previously unannounced $15 million Series C2 round. The San Francisco-based company has now raised $67.3 million in total funding.

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6sense raises $20 mln, led by Bain Capital Ventures

Bain Capital Ventures has led a $20 million Series B funding round in 6sense, a SaaS-based predictive intelligence platform for marketing and sales.  Previous investors Battery Ventures and Venrock also participated in the round. The deal is the first for Indy Guha since he was promoted to partner at Bain Capital Ventures last week. As part of the funding, he will join the board of 6sense. The funding brings the total financing to $36 million for the San Francisco-based company.

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Bessemer closes $1.6 bln venture fund

Bessemer Venture Partners, an investor in newly public Box as well as Twilio, Pinterest and Shopify, announced it has raised $1.6 billion for Fund IX. The multi-stage investor raised the same amount for Fund VIII, which closed in 2011.

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Boston big data company RapidMiner raises $15 mln

Boston-based big data company RapidMiner announced it has raised a $15 million Series B round led by Ascent Venture Partners and Longworth Venture Partners. Also participating in the round are returning investors Earlybird Venture Capital and Open Ocean Capital. The company, which provides a predictive analytics platform, has now raised $20 million in total funding.

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Cintrifuse announces investment in Techstars fund

Cintirfuse disclosed this week it has invested in the latest vehicle of Techstar Ventures, which announced last month it has raised $150 million for its third and largest fund to date. The investment in Techstars is the sixth fund that Cincinnati-based Cintirfuse has backed. The Cintrifuse Early Stage Capital Fund I, a $57 million fund of funds, focuses on regional and national early-stage venture capital and has previously announced investments in funds managed by Allos Ventures, Lerer Hippeau Ventures, Mercury Fund, Sigma Prime Ventures and Upfront Ventures.

Indranil Guha.Web
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Bain Capital Ventures promotes enterprise SaaS-focused Guha to partner

Bain Capital Ventures announced on Thursday the promotion of Indy Guha to partner in the firm’s Palo Alto, Calif.-based office. Guha joined the venture firm as an associate in 2007 and was a founding member of its San Francisco Bay Area office, which now includes nine investment professionals. Guha focuses his investment activity on enterprise SaaS companies, with an emphasis on marketing and sales technology. He has helped manage the firm’s investments in Bloomreach, Optimizely, Captora, InfoScout, Gainsight, Clari and Wrike.

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E-commerce site Jet raises $140 mln

Stealth e-commerce startup Jet announced it has raise $140 million in new funding led by Bain Capital Ventures. Also participating in the round are Accel Partners, Coatue Management, General Catalyst Partners, Goldman Sachs, Google Ventures, MentorTech Ventures, New Enterprise Associates, Norwest Venture Partners, Silicon Valley Bank, Temasek, Thrive Capital and others.

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Mobile security startup Wandera raises $15 mln

Wandera announced it has raised $15 million in a funding led by 83North. Existing investor Bessemer Venture Partners also joined the round. The company, which has offices in San Francisco and London, has now raised about $23 million in total funding. Wander provides mobile security services.

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Walden raises $107 mln for oversubscribed Fund VIII

San Francisco-based Walden Venture Capital has raised $107 million for its latest early-stage fund. The fund, which was originally targeted at $75 million with a $100 million cap, counts the Small Business Administration, through its Early Stage SBIC program, as its largest LP. The firm says it focuses on digital media and cloud services for the consumer and the enterprise. The fund has already backed such companies as Scientific Revenue, Merchant Atlas and ReadyPulse.

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