OpenGov racks up $25 mln, Marc Andreessen to join board

By Iris Dorbian — 4 months ago

Silicon Valley-based OpenGov, a provider of financial transparency solutions for state and local governments, has raised $25 million in funding. The investors included Formation 8 Partners, Andreessen Horowitz, Thrive Capital, AITV and Sound Ventures. In addition to the funding, Marc Andreessen has been named to OpenGov’s board of directors.

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Bracket Computing nabs more than $45 mln Series C

By Iris Dorbian — 4 months ago

Mountain View, California-based Bracket Computing, a provider of virtual infrastructure software, has raised more than $45 million in Series C funding. The investors included Fidelity Management and Research Company, Goldman Sachs, Allegis Capital, Andreessen Horowitz, ARTIS Ventures, Columbus Nova Technology Partners, Norwest Venture Partners and Sutter Hill Ventures.

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Andreessen Horowitz backs OnCorps

By Iris Dorbian — 4 months ago

Boston-based OnCorps, an adaptive decision analytics platform provider, has raised $2.3 million in funding. The investors included Andreessen Horowitz. In addition to the funding, OnCorps has appointed Jack Klinck, Nicholas Christakis and Dan Petrozzo, a former partner and CIO of Goldman Sachs, to its board of advisors.

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VC-backed wireless power company uBeam appoints COO and CFO

By Iris Dorbian — 4 months ago

Santa Monica, California-based uBeam, a wireless power company, has named Jeff Devine as COO and Monica Hushen as CFO. Most recently, Devine worked at Cisco where he served as vice president of supply chain management while Hushen oversaw finance for Palm’s global operations. UBeam’s backers include Upfront Ventures, Andreessen Horowitz, Ludlow Ventures, Mark Cuban, Marissa Mayer and Tony Hsieh.

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Ev Williams’ Medium inks $57 mln

By Iris Dorbian — 4 months ago

Blogging platform Medium, which was launched by Twitter co-founder Ev Williams, has secured $57 million in funding, the company announced on its site. Andreessen Horowitz led the round with participation from other investors that included Google Ventures, Greylock Partners, Obvious Ventures and The Chernin Group.

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IVP, Andreessen Horowitz, Magic Johnson and John Legend back Walker & Company

By Iris Dorbian — 5 months ago

Walker & Company Brands, a developer of products for people of color, has secured $24 million in Series B funding. Institutional Venture Partners led the round with participation from other investors that included Andreessen Horowitz, Upfront Ventures, Daher Capital, Collaborative Fund, Google Ventures, Felicis Ventures, Melo7 Tech Partners, Earvin “Magic” Johnson, John Legend and Ron Johnson. 

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Andreessen Horowitz backs 3D CAD system Onshape

By Iris Dorbian — 5 months ago

Andreessen Horowitz has led an $80 million funding round for Onshape, the latter announced in a blog post on its site. The other investors were New Enterprise Associates, Commonwealth Capital Ventures and North Bridge Venture Partners. Based in Cambridge, Massachusetts, Onshape is a full-cloud 3D CAD system.

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Norwest leads $48 mln funding in Omada Health

By Alastair Goldfisher — 5 months ago

San Francisco-based Omada Health announced it has raised $48 million in a Series C round of funding led by Norwest Venture Partners. Also participating in the round are strategic investors Humana Inc and Providence Health & Services, as well as existing investors U.S. Venture Partners, Rock Health and Andreessen Horowitz and new investors GE Ventures and dRx Capital.

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VC-backed 500px names new VP and head of marketing

By Iris Dorbian — 5 months ago

Toronto-based photo community and marketplace 500px has hired Ellen Desmarais as vice president and head of marketing. Previously, Desmarais worked at Getty Images where she served as vice president and general manager of iStock. The company’s backers include Andreessen Horowitz, Harrison Metal, ff Venture Capital and Visual China Group.

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Tanium racks up $120 mln

By Iris Dorbian — 5 months ago

Emeryville, California-based Tanium, a provider of security and systems management, has raised $120 million in funding. The investors included TPG, Institutional Venture Partners and funds and accounts advised by T. Rowe Price Associates Inc alongside previous backer Andreessen Horowitz.

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QVC parent company to buy Zulily for about $2.4 bln

By Iris Dorbian — 6 months ago

Liberty Interactive Corp, the parent company of QVC, has agreed to acquire Seattle-based Zulily, an ecommerce site that targets moms and their children, for about $2.4 billion. The deal is expected to close in the fourth quarter of this year. In November 2013, Zulily went public, launching its IPO on the NASDAQ under the ticker symbol “ZU.” Its pre-IPO backers were Maveron, August Capital, Trinity Ventures, Meritech Capital Partners and Andreessen Horowitz.

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GitHub racks up $250 mln Series B

By Iris Dorbian — 6 months ago

San Francisco-based GitHub, a social network for programmers, has raised $250 million in Series B funding, confirmed a spokesperson for the company. Sequoia Capital led the round with participation from Andreessen Horowitz, Thrive Capital and Institutional Venture Partners.

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Visa backs VC-backed payments startup Stripe

By Iris Dorbian — 7 months ago

Visa Inc has made an undisclosed investment in Stripe, a mobile and online payment provider. According to Crunchbase, Stripe’s backers include Sequoia Capital, Thrive Capital, Founders Fund, Khosla Ventures, Andreessen Horowitz and General Catalyst Partners.

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Granular rakes in $18.7 mln Series B

By Iris Dorbian — 7 months ago

San Francisco-based Granular, a provider of farm management software and analytics tools, has secured $18.7 million in Series B funding. Tao Capital Partners led the round with participation from Emory Investment Management, Fall Line Capital, H. Barton Asset Management, Andreessen Horowitz, Google Ventures and Khosla Ventures.

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