Flatiron Health takes in $175 mln Series C

By Iris Dorbian — 1 month ago

Oncology software provider Flatiron Health has raised $175 million in Series C funding. Roche led the round with participation from other investors that included Allen & Company, Baillie Gifford and Casdin Capital. In addition to the funding, Daniel O’Day, chief operating officer at Roche Pharmaceuticals, has been added to Flatiron’s board of directors.

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Goldman Sachs backs Vitals

By Iris Dorbian — 2 months ago

Vitals, a provider of health care price transparency and consumer engagement solutions, has secured $41 million in funding. The investors included Goldman Sachs. Allen & Company LLC served as financial advisor to Vitals in the transaction.

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Trucking startup Convoy garners $2.5 mln seed

By Iris Dorbian — 4 months ago

Seattle-based trucking startup Convoy has raised $2.5 million in seed funding. The backers included Jeff Bezos via Bezos Expeditions, Salesforce.com CEO Marc Benioff, eBay founder Pierre Omidyar via Omidyar Technology Ventures, KKR CEO Henry Kravis, Allen & Company and Fuel Capital.

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Twilio racks up $130 mln Series E

By Iris Dorbian — 7 months ago

San Francisco-based cloud communications company Twilio has secured $130 million in Series E funding. Fidelity and T. Rowe Price led the round with participation from Altimeter Capital Management, Arrowpoint Partners, Amazon.com and Salesforce Ventures. Allen & Company LLC provided financial advice to Twilio on the transaction.

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MarkLogic scores $102 mln

By Iris Dorbian — 9 months ago

Silicon Valley-based database platform provider MarkLogic Corporation, has secured $102 million in funding. Wellington Management Company LLP led the round with participation from other investors that included Arrowpoint Partners, Northgate Capital, Sequoia Capital and Tenaya CapitalAllen & Company provided financial advice to MarkLogic on the transaction.

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Verizon to buy AOL in $4.4 bln deal

By Luisa Beltran — 9 months ago

Verizon Communications Inc. said Tuesday it agreed to buy AOL Inc. for $50 a share, or about $4.4 billion. Tim Armstrong, AOL chairman and CEO, will continue to lead AOL operations after closing. AOL’s key assets include its subscription business as well as content brands like The Huffington Post, TechCrunch and Engagdet. LionTree Advisors, Guggenheim Partners and Weil, Gotshal & Manges advised Verizon. Allen & Company LLC and Wachtell, Lipton, Rosen & Katz provided advice to AOL.

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Capriza nets $27 mln Series C

By Iris Dorbian — 1 year ago

Capriza has raised $27 million in Series C funding. The investors were Andreessen Horowitz, Charles River Ventures, Tenaya Capital. Harmony Partners and Allen & Company. Headquartered in Palo Alto, Calif., Capriza is an enterprise mobility platform provider.

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Mobile security company Lookout pulls in $150 million

By Iris Dorbian — 2 years ago

San Francisco-based mobile security firm Lookout has closed $150 million in funding. T. Rowe Price Associates-managed funds led the round with participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz. Allen & Company served as financial advisor on this transaction.

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Blackrock and Passport Capital leads $100 mln for New Relic

By Iris Dorbian — 2 years ago

Software analytics provider New Relic has raised $100 million in funding. Blackrock and Passport Capital led the round with participation from T. Rowe Price Associates and Wellington Management. According to the firm, the capital infusion will be used for product development and international expansion. Allen & Company advised New Relic on the transaction and helped arrange the financing.

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Nervana Systems grabs $600K

By Iris Dorbian — 2 years ago

Nervana Systems has received $600,000 in seed funding. Investors in this round included Sam Altman, Geoff Ralston, Expedia CEO Dara Khosrowshahi, Allen & Company and SV Angels. Headquartered in San Diego, Nervana Systems is a maker of custom hardware for machine learning algorithms.

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Minted raises $41mln Series C

By Angela Sormani — 2 years ago

Minted, an online marketplace for independent design and art, has raised $41 million in its Series C financing, led by Technology Crossover Ventures. Allen & Company and existing investor Benchmark Capital both participated as investors in the round.

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New Relic Raises $80m in Mezz Financing

By Angela Sormani — 3 years ago

SaaS-based application management provider New Relic has raised $80 million in mezzanine financing to help the company expand into the mobile market, extend operations to Europe in preparation for a future public offering. Insight Venture Partners led the financing, which also included a major investment from accounts managed by T. Rowe Price Associates, Inc. Other participants included Dragoneer Investment Group LLC, Passport Ventures LLC, and the company’s existing investors Allen & Company, Benchmark Capital, Trinity Ventures and Tenaya Capital.

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Castlight Appoints Driscoll as President

By Angela Sormani — 4 years ago

Castlight Health, a provider of health care transparency solutions for employers and payers, has appointed John Driscoll as president. Castlight Health is headquartered in San Francisco and backed by investors including Allen & Company, Cleveland Clinic, Maverick Capital, Morgan Stanley Investment Management, Oak Investment Partners, Redmile Group, T. Rowe Price, U.S. Venture Partners, Venrock, Wellcome […]

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TaskRabbit Secures Series B Round

By Angela Sormani — 4 years ago

Service networker TaskRabbit has secured a $17.8 million Series B financing round, led by . Based in San Francisco, TaskRabbit is backed by notable investors, including Baseline Ventures, First Round Capital, FLOODGATE Fund, Collaborative Fund and Shasta Ventures, LightSpeed, Michael Eisner and Allen & Company. PRESS RELEASE TaskRabbit, the nation’s first service network that safely […]

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TrueCar Raises $200M in Debt, Equity

4 years ago

TrueCar, a company that provides car pricing data to consumers, has raised $200 million in debt and equity financing, Reuters reported Wednesday. The company is backed by GR Match, McCombs Family Partners, DealerTrack, Keating Capital, GSV Asset Management, Passport Capital, International Investment House and Allen & Company. Silicon Valley Bank arranged the debt portion of the funding for TrueCar, which is based in Santa Monica, Calif.

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Business Insider Raises Capital

By PEHub Administrator — 7 years ago

New York-based business website Business Insider has raised its third round of financing. The round was undisclosed, coming from existing investors Kohlberg & Co., as well as new investors Allen & Company LLC, Marc Andreessen, Jim Friedlich of Zelnick Media, and Matt Luckett of Balestra Capital. Press release

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