PeopleDoc nets $28 mln

PeopleDoc, a provider of human resources service delivery solutions, has raised $28 million in funding. Eurazeo led the round with participation from return backers Accel Partners, Kernel Investissements and Alven Capital. According to the company, the capital will be used for growth and expansion.


Din cooks up $3 mln seed

San Mateo, California-based Din, a recipe subscription service, has raised $3 million in seed funding. The investors were Accel Partners, Collaborative Fund, Built By Girls Fund, Harrison Metal, Slow Ventures and Lowercase Capital.


StreamSets grabs $12.5 mln Series A

San Francisco-based StreamSets Inc, a provider of data ingest technology for the next generation of big data applications, has raised $12.5 million in Series A funding. Battery Ventures and New Enterprise Associates led the round with participation from Accel Partners and Ignition Partners. In conjunction with the funding, Pete Sonsini of NEA and Dharmesh Thakker of Battery Ventures have been appointed to StreamSets’ company’s board of directors.


NEA leads $76.5 mln funding in Blue Jeans Network

Mountain View, Calif.-based Blue Jeans Network, a provider of cloud-based video collaboration services, has raised $76.5 million in new funding led by New Enterprise Associates. Joining the round are previous investors Accel Partners, Battery Ventures and Norwest Venture Partners, as well as new investors Glynn Capital, Quadrille Capital, and the former baseball player Derek Jeter, among others. The company has now raised $175 million in total funding.


VC-backed IronPlanet snaps up $55 mln

IronPlanet, an online marketplace for buying and selling used heavy equipment and trucks, has secured a $55 million credit facility. SunTrust Bank served as the administrative agent while SunTrust Robinson Humphrey was the lead arranger. IronPlanet’s backers include Accel Partners and Kleiner Perkins Caufield & Byers.

Madrona Venture Group leads Series A round for HelloTech

Los Angeles-based tech support startup HelloTech has raised $12.5 million in Series A funding. Madrona Venture Group led the round with participation from all return backers that included Upfront Ventures, CrossCut Ventures and Accel Partners. In conjunction with the funding, Len Jordan, managing director at Madrona Venture Group, has joined HellTech’s board.

Lightspeed grabs $61 mln

Montreal-based Lightspeed, a POS platform for retailers and restaurants, has secured $61 million in funding. Caisse de depot et placement du Quebec and Investissement Quebec led the round with participation from return backers Accel Partners and iNovia Capital.

Parcel shipping platform Packlink rakes in $12.6 mln

Online parcel shipping platform Packlink has secured $12.6 million in Series C funding. Eight Roads Ventures (formerly known as Fidelity Growth Partners Europe) led the round with participation from Accel Partners and Active Venture Partners.


Accel leads funding of mapping analysis provider CartoDB

New York-based CartoDB, a provider of data analysis for location-based information, has raised a $23 million Series B round of funding. New investor Accel Partners led the round, which includes new investor Salesforce Ventures and existing investors Earlybird Venture Capital and Kibo Ventures. The company has now raised $31 million in total funding. As part of the latest round, Harry Nelis, a partner at Accel, has joined the board.


Netskope grabs $75 mln Series D

Los Altos, California-based Netskope, a cloud access security broker, has raised $75 million in Series D funding. Iconiq Capital led the round with participation from return backers Accel Partners, Lightspeed Venture Partners and the Social + Capital Partnership.


PE HUB Second Opinion

In Second Opinion, Josh Miller leaves Facebook to become the White House’s first director of product, Google unveils a new logo and watch out, Netflix, Apple is reportedly exploring producing original programming.


NBCUniversal to invest $200 mln in Vox Media

NBCUniversal said Wednesday it has agreed to invest $200 million in Vox Media. New York-based Vox, a digital media company, is backed by Accel Partners, Comcast Ventures, Khosla Ventures, and General Atlantic. NBCUniversal is a unit of Comcast Corp.

VC-backed SimpliVity hires Beaudoin as CFO

Westborough, Massachusetts-based IT infrastructure company SimpliVity has appointed Tom Beaudoin as chief financial officer. Prior to joining SimpliVity, Beaudoin worked at Nuance Communications where he served as executive vice president and CFO. SimpliVity’s backers include Waypoint Capital, Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers and Meritech Capital Partners.


Duetto raises $30 mln

Duetto said Tuesday it closed $30 million in financing led by Icon Ventures. Also participating in the round were Spectrum 28, Accel Partners, Battery Ventures, Altimeter Capital, Leland Pillsbury, founding partner, Co-Chairman and CEO of Thayer Lodging, and Marc Benioff, the founder, Chairman and CEO of Salesforce.com. Duetto provides hotel and casino profit optimization technology.


WizRocket scores $9.6 mln

Marketing engagement platform WizRocket has secured $9.6 million in funding. The investors were Sequoia Capital and Accel Partners.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget