Intel Capital has decided not to sell a large piece of its portfolio, concluding a review of its investments with the intent to keep and support the companies.
Marcos Battisti appears to have left Intel Capital, according to his LinkedIn profile. Battisti was most recently a vice president managing the firm’s investment activity in Western Europe and Israel, his profile says. He also was a long-time managing director. Battisti no longer is listed among staff on the Intel Capital website. Attempts to reach Battisti were unsuccessful. Intel Capital could not immediately be reached for comment.
Dashlane raised $22.5 million of Series C capital in a round led by TransUnion and joined by existing investors Rho Ventures, FirstMark Capital and Bessemer Venture Partners, according to a press release.
Angel activity fell last year, but investors were willing to pay more for their deals, according to the Center for Venture Research at the University of New Hampshire.
Viptela has raised $75 million of Series C capital in a round led by Redline Capital and joined by new investor Northgate Capital and existing investor Sequoia Capital, according to a press release. The round values the company at $875 million, the release said.
Demisto said it raised $6 million in Series A capital from Accel, Cylance CEO Stuart McClure, Lookout CTO Kevin Mahaffey and Blue Coat Systems President Mike Fey, according to a press release. The company also announced the availability of its Demisto Enterprise security bot, the press release said.
Intel Capital veteran Lisa Lambert has been named a managing partner at the Westly Group, according to a press release
Entelo said it raised $12 million of Series B financing in a round led by Shasta Ventures and joined by existing investor Battery Ventures, according to a press release. Entelo, a recruiting platform, will use the money to fund growth, particularly in the enterprise and mid-market segments, the release said.
Corporate carpooling startup Scoop said it raised $5.1 million in a deal led by Signia Venture Partners and joined by Index Ventures, BMW i Ventures and Workday Corporate Ventures, according to a news story on TechCrunch. Scoop was founded by Jonathan and Robert Sadow, with backgrounds at Google and Bain & Company, respectively, TechCrunch said.
Newark Venture Partners has closed on $23 million toward a $50 million fund, according to a press release. The newly created Newark, N.J.-based firm, founded by Audible founder Don Katz, attracted limited partners including Audible, an Amazon company, Dun & Bradstreet and Prudential Financial, the release said.
Sam Brasch has joined Kaiser Permanente Ventures as a senior managing director, according to a press release. He previously served as a managing director at the firm before leaving in 2014 to become a venture partner at New Leaf Venture Partners, according to the release and his LinkedIn profile.
SeamlessDocs has raised $7 million of Series B capital in a round led by Motorola Solutions and joined by Govtech Fund, the New York State Innovation Fund and 1776, according to a report on TechCrunch.
Kleiner Perkins Caufield & Byers is said to be raising close to $1.3 billion for two new funds, according to a report from CNBC.
B Capital Group, a firm co-founded by Facebook co-founder Eduardo Saverin, has raised $143.6 million toward its first venture fund, according to a filing with the SEC.
Dedrone said it raised $10 million of Series A capital in a round led by Menlo Ventures, according to a press release. As part of the deal, Venky Ganesan, a Menlo managing director, will join the board. The company is developing drone detection technology.
Geodesic Capital said it raised a maiden fund of $335 million, according to a press release. The firm was co-founded by former ambassador to Japan John V. Roos, previously CEO of Wilson Sonsini Goodrich & Rosati, and Ashvin Bachireddy, a former growth stage partner at Andreessen Horowitz, the press release said.
Nearpod said it raised $9.2 million of Series A funding in a round led by Reach Capital and joined by Storm Ventures, Rothenberg Ventures, Marc Benioff, Deborah Quazzo of GSV Advisors, AGP Miami, Arsenal Venture Partners, the John S. and James L. Knight Foundation, Krillion Ventures, Intuit co-founder Scott Cook and his wife, Signe Ostby, and Stanford’s StartX fund.
Hyperloop One, formerly Hyperloop Technologies, said it raised $80 million of Series B financing from existing investors Sherpa Ventures, EightVC, ZhenFund and Caspian Venture Partners, and new investors 137 Ventures, Khosla Ventures, Fast Digital, Western Technology Investment, SNCF, the French national rail company, and GE Ventures. The company is conducting an open-air technology test on Wednesday north of Las Vegas.