377 Views

TPG leads $186 mln round for Lynda.com

Online education firm Lynda.com has raised $186 million in funding. TPG led the round with participation from Accel Partners, Spectrum Equity and Meritech. Allen & Co provided financial advice to Lynda.com on the transaction. Also, the company has added David Trujillo of TPG to its board.

161 Views

VC-backed DocuSign names CMO

San Francisco-based electronic signature company DocuSign has hired Brad Brooks as chief marketing officer. Recently, Brooks worked at Juniper Networks where he served as CMO and senior vice president of global marketing. DocuSign’s backers include Samsung Ventures, BBVA Ventures, Accel Partners, Google Ventures, Comcast Ventures, Ignition Partners, Kleiner Perkins Caufield & Byers, Sapphire Ventures and Scale Venture Partners.

156 Views

Argo pulls in $1.5 mln seed

Accel Partners has led a $1.5 million seed funding round for Argo, a data discovery startup in Palo Alto, California. Other investors included Steve Loughlin, Kevin Mahaffey, Adam Ross, Chuck Moran, Kathy Olsen, Ryan Simonetti and Brad Katsuyama.

184 Views

PeerTransfer nets $22 mln

PeerTransfer, a Boston-based provider of payment solutions for the education sector, has received $22 million in funding. Bain Capital Ventures led the round with participation from previous backers that included Spark Capital, Devonshire Investors, Accel Partners and QED Investors.

VC-backed DocuSign adds HP’s Hinshaw to board

San Francisco-based electronic signature company DocuSign has appointed John Hinshaw to its board of directors. Hinshaw is the executive vice president of technology and operations at HP. DocuSign’s backers include Samsung Ventures, BBVA Ventures, Accel Partners, Google Ventures, Comcast Ventures, Ignition Partners, Kleiner Perkins Caufield & Byers, Sapphire Ventures and Scale Venture Partners.

DataGravity picks up $50 mln Series C

Nashua, New Hampshire-based DataGravity, a data-aware storage platform provider, has closed $50 million in Series C funding. Accel Partners led the round with participation from return backers Andreessen Horowitz, CRV and General Catalyst Partners. Also, Ping Li of Accel Partners has been appointed to DataGravity’s board of directors.

139 Views

Space Ape Games grabs $7 mln

London-based mobile games developer Space Ape Games has raised $7 million in funding. Northzone led the round with participation from other investors that included Accel Partners, Initial Capital and Connect Ventures.

213 Views

Xfund Fund II raises $100 mln

Xfund said Thursday its second fund closed with $100 million in committed capital. Existing limited partners New Enterprise Associates (NEA), Breyer Capital, and Accel Partners anchored the fund and were joined by long-term institutional LPs. Patrick Chung, most recently a partner at NEA, has also joined Xfund as a GP. Founded at Harvard University in 2011 by a partnership of NEA, Breyer Capital, Accel Partners and Polaris Partners, Xfund is an early-stage venture capital firm.

138 Views

Accel leads $5 mln Series A for Weaveworks

Weaveworks said Wednesday it secured $5 million in Series A financing led by Accel Partners.  London-based Weaveworks helps companies build and migrate applications to run on any container technology.

166 Views

PE-backed ForgeRock recruits Humphrey as CMO

ForgeRock, a provider of identity relationship management solutions, has hired Robert Humphrey as chief marketing officer. Previously, Humphrey worked at CA Technologies where he served as senior vice president of global field and channel marketing. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.

264 Views

Prezi scores $57 mln from Spectrum Equity and Accel Partners

Prezi has secured $57 million in funding. The investors were Spectrum Equity and Accel Partners. According to Prezi, the capital will be used for growth. Based in San Francisco and Budapest, Prezi is a presentation platform that helps people connect with their audiences.

107 Views

Microsoft buys VC-backed cyber security startup Aorato

According to a blog post on its site, Microsoft has acquired Aorato, an Israeli cyber security firm. No financial terms were disclosed. Aorato’s backers include Accel Partners, Innovation Endeavors and Glilot Capital Partners. To read the announcement, visit here.

142 Views

Brickstream acquires VC-backed Nomi

Brickstream has bought Nomi, a New York City-based location analytics firm. No financial terms were disclosed. Nomi’s backers included Accel Partners, First Round Capital, CAA Ventures, SV Angel, Forerunner Ventures and Greycroft Partners.

182 Views

VC-backed call intelligence firm Invoca appoints new CFO

Santa Barbara, Calif.-based Invoca, a provider of enterprise inbound call marketing solutions, has hired Cynthia Stephens as chief financial officer. Previously, Stephens worked at Harvest Power where she served as senior vice president and CFO. Invoca is backed by Salesforce Ventures, Accel Partners, Upfront Ventures and Rincon Venture Partners.

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