Car rental marketplace Turo drives away with $47 mln Series C

By Iris Dorbian — 3 months ago

Car rental marketplace Turo (formerly known as RelayRides) has secured $47 million in Series C funding. Kleiner Perkins Caufield & Byers led the round with participation from return backers August Capital, Canaan Partners, Google Ventures, Shasta Ventures and Trinity Ventures. In conjunction with the funding, Turo has added Brook Porter of KPCB to its board of directors. PRESS RELEASE […]

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Adara reels in $23 mln Series C

By Iris Dorbian — 5 months ago

Mountain View, California-based Adara, a travel data provider, has raised $23 million in Series C funding. World Innovation Lab led the round with participation from return backers August Capital, Morgenthaler Ventures, ONSET Ventures and QuestMark Partners.

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RelayRides buys VC-backed SocialStudio

By Iris Dorbian — 5 months ago

Car-sharing marketplace RelayRides has acquired SocialStudio, a maker of mobile apps JumpCam and FADE. No financial terms were disclosed. RelayRides’s backers include Canaan Partners, Google Ventures, August Capital, Shasta Ventures and Trinity Ventures while SocialStudio was backed by Trinity Ventures and Google Ventures.

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Mirantis grabs $100 mln in Intel Capital-led round

By Iris Dorbian — 6 months ago

Intel Capital has led an $100 million funding round for Mountain View, California-based software solutions provider Mirantis. Other investors were Goldman Sachs, August Capital, Insight Venture Partners, Ericsson, Sapphire Ventures and WestSummit Capital.

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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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August Capital leads funding round for Massdrop

By Alastair Goldfisher — 6 months ago

San Francisco-based Massdrop, a provider of online communities for enthusiasts and hobbyists, has raised a $40 million Series B round of funding. August Capital led the round, which included returning investors First Round Capital, Mayfield Fund and Cowboy Ventures. The company previously raised about $8 million in Series A and seed-stage funding. As part of the Series B, David Hornik, general partner of August Capital, has joined the company board.

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Fastly scores $75 mln Series D

By Iris Dorbian — 6 months ago

Content delivery network Fastly has secured $75 million in Series D funding. Iconiq Capital led the round with participation from return backers Amplify Partners, August Capital, Battery Ventures, IDG Ventures and O’Reilly AlphaTech Ventures. Also, the company has appointed Dan Miller as chief financial officer.

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Integral Ad Science pulls in $67 mln

By Iris Dorbian — 7 months ago

New York City-based Integral Ad Science, a provider of advertising intelligence for digital media buyers and sellers, has secured $27 million in funding. Sapphire Ventures led the round with participation from other investors that included Cross Creek Advisors, August Capital, Pelion Venture Partners and Atlas Venture. Also, Silicon Valley Bank provided $40 million in debt funding to Integral.

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Kentik scores $12.1 mln

By Iris Dorbian — 8 months ago

San Francisco-based Kentik (formerly CloudHelix), a network visibility and analytics solutions provider that has launched from stealth, has raised $12.1 million in Series A funding. August Capital led the round with participation from return backers First Round Capital and Data Collective.

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Tegile Systems scores $70 mln

By Iris Dorbian — 9 months ago

Newark, California-based virtual data storage services provider Tegile Systems has secured $70 million in funding. The investors were Capricorn Investment Group, Cross Creek Advisors, Pine River Capital Management, August Capital, Meritech Capital Partners, Western Digital and SanDisk.

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WePay grabs $40 mln Series D

By Iris Dorbian — 9 months ago

WePay, a payments provider for online platforms, has raised $40 million in Series D funding. FTV Capital led the round with participation from other investors that included Rakuten, Highland Capital Partners, August Capital, Continental Investors and Ignition Partners. In addition to the funding, FTV Capital’s Chris Winship has been added to WePay’s board of directors while Rakuten’s Oskar Miel has bee appointed to WePay’s advisory board.

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RetailNext snags $125 mln

By Iris Dorbian — 10 months ago

San Jose, California-based RetailNext Inc, a provider of in-store retail analytics, has raised $125 million in funding. Activant Capital Group led the round with participation from other investors that included August Capital, StarVest Partners, Nokia Growth Partners, Commerce Ventures, American Express, Pereg Ventures, Qualcomm Ventures and Siguler Guff & Company. In addition to the funding, Activant’s Steve Sarracino, has been added to RetailNext’s board of directors.

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August Capital leads $17 mln funding of cloud security provider Palerra

By Alastair Goldfisher — 10 months ago

Cloud security company Palerra announced it has raised $17 million in Series B funding led by new investor August Capital. Current investors Norwest Venture Partners, Wing Venture Capital and Engineering Capital also participated in the round. Palerra (formerly known as Apprity) emerged from stealth last November and has now raised $25 million in total funding. As part of the Series B funding, Vivek Mehra, general partner at August Capital, has joined the board.

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Urban Airship picks up $21 mln

By Iris Dorbian — 12 months ago

Urban Airship, a provider of customer engagement solutions for brands, has closed $21 million in Series D funding. The investors included August Capital, Foundry Group, Franklin Park Associates, QuestMark Partners, True Ventures and Verizon Ventures. Also, the company has named Erin Hintz as chief marketing officer and Mike Musson as senior vice president of strategy and business development.

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