204 Views

VC-backed IronPlanet and Cat Auction Services merge

IronPlanet and Cat Auction Services have completely merged. No financial terms were disclosed. IronPlanet is an online marketplace for buying and selling used heavy equipment and trucks while Cat Auction Services holds auctions on used heavy equipment. IronPlanet is backed by Accel Partners and Kleiner Perkins Caufield & Byers.

PC gaming service Raptr inks $14 mln

Mountain View, California-based PC gaming service Raptr has secured $14 million in funding. The investors were Advanced Micro Devices, Accel Partners, DAG Ventures and Tenaya Capital.

154 Views

Northwestern Mutual to acquire VC-backed LearnVest

Northwestern Mutual is planning on buying LearnVest, a New York City-based online financial planning program provider. No financial terms were disclosed. LearnVest’s backers included Accel Partners, American Express Ventures and Claritas Capital.

305 Views

NEA closes in on a $2.57 bln 15th fund, Glynn raises $200 mln, Fairview, $75 mln

New Enterprise Associates has raised close to $2.57 billion toward its fifteenth fund, according to an industry source. Separately, Glynn Capital Management announced the closing of a $200 million fourth fund and Fairview Capital Partners unveiled toward a special opportunities fund of funds, according to filings with the SEC.

144 Views

Shuddle nets $9.6 mln Series A

Family-focused rideshare service Shuddle has raised $9.6 million in Series A funding. RRE Ventures led the round with participation from other investors that included Comcast Ventures, Forerunner Ventures and Accel Partners.

153 Views

SimpliVity snags $175 mln Series D

Westborough, Massachusetts-based IT infrastructure company SimpliVity has secured $175 million in Series D funding. Waypoint Capital led the round with participation from return backers Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers and Meritech Capital Partners. Morgan Stanley was the placement agent for SimpliVity.

119 Views

VC-backed Etsy files for IPO

Brookyn-based Etsy Inc, a marketplace where people buy and sell “unique goods,” has filed for an IPO. The number of shares to be sold as well as the stock’s pricing terms have yet to be set. Etsy plans on listing the stock on the NASDAQ under the ticker symbol “ETSY.” Goldman, Sachs & Co. and Morgan Stanley & Co. LLC are the lead underwriters. Etsy’s backers include Index Ventures, Union Square Ventures and Accel Partners.

277 Views

Accel and Matrix Capital invest in Xero

New Zealand-based software company Xero Limited has raised $110.7 million in funding from Accel Partners and Matrix Capital Management. In addition to the funding, Xero has named Russ Fujioka as U.S. President. The appointment is effective immediately. Fujioka will be working from Xero’s U.S. headquarters in San Francisco. Also, Graham Smith, a former chief financial officer at Salesforce Inc, has been added to Xero’s board.

117 Views

Training platform Grovo nabs $15 mln Series B

New York City-based professional and digital training platform Grovo has raised $15 million in Series B funding. The investors were previous backers Accel Partners, Costanoa Venture Capital, Greg Waldorf and SoftTech VC.

127 Views

TCV leads $100 mln round for WorldRemit

London-based online money transfer service WorldRemit has secured $100 million in Series B funding. Technology Crossover Ventures led the round with participation from previous backer Accel Partners. William Blair advised TCV on the transaction. In addition to the funding, TCV’s John Rosenberg has been added to WorldRemit’s board.

620 Views

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.

ClusterHQ rakes in $12 mln

UK-based ClusterHQ, which is building a data layer for Docker, has secured $12 million in Series A funding, it was announced on the company’s site. Accel Partners led the round with participation from other investors that included Canaan Partners. To read more details about the funding, visit here.

135 Views

Accel Partners leads Series B round for KnCMiner

Swedish bitcoin mining company KnCMiner has raised $15 million in Series B funding. Accel Partners led the round with participation from Creandum, GP Bullhound and private investor Martin Wattin. GP Bullhound also served as advisor to KnCMiner on the transaction.

174 Views

Mobile marketing platform TUNE fetches $27 mln

Seattle-based mobile marketing platform TUNE has closed $27 million in funding. Icon Ventures (formerly Jafco Ventures) led the round with participation from Performance Equity Management and Accel Partners. In conjunction with the funding, Jeb Miller, a partner at Icon Ventures, has been added to TUNE’s board.

264 Views

Accel Partners leads $25 mln Series B funding in Deliveroo

Accel Partners has led a $25 million Series B funding round in Deliveroo, a food delivery service. Other participants in the funding round include Index Ventures, Hoxton Ventures and Hummingbird Ventures. Funding will help Deliveroo expand in the UK and internationally. The company already operates in London and Brighton. Accel Partners’ Fred Destin will join Deliveroo’s board.

280 Views

Accel leads $45.5 mln round in UserTesting

Mountain View, Calif.-based UserTesting, a provider of a user testing experience platform, has raised $45.5 Million in Series C funding. Accel Partners led the round, with participation from OpenView Venture Partners. As part of the funding, Kobie Fuller, who’s listed on LinkedIn as a principal at Accel, is joining the board.

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