301 Views

Rent the Runway walks away with $60 mln Series D

Rent the Runway, which provides rentals of designer clothes, has raised $60 million in Series D funding. Technology Crossover Ventures led the round with participation from Bain Capital Ventures, Highland Capital Partners and Condé Nast parent company Advance Publications. In addition to the financing, Daniel O’Keefe, a general partner at TCV, has been appointed to Rent the Runway’s board.

210 Views

Dynamics closes $70 mln Series C funding round

Pittsburgh-based Dynamics Inc., which provides interactive payment cards and systems, has closed a $70 million Series C funding round. New investors MasterCard and CIBC were joined by existing backers Bain Capital Ventures and Adams Capital Management. The funding from MasterCard is part of a larger expanded business partnership between the two companies to provide consumers with choice, flexibility and security when using payment cards.

134 Views

SendGrid racks up over $20 mln

Boulder-based email delivery platform SendGrid has received over $20 million in Series C funding. The investors were Bain Capital Ventures, Bessemer Venture Partners and Foundry Group.

VC-backed Infusionsoft hires CFO

Infusionsoft, a sales and marketing software provider for small businesses, has named Curtis Smith as chief financial officer. In his new role, Smith will oversee corporate finance, accounting, legal, investor relations and report to the firm’s CEO and co-founder Clate Mask. Infusionsoft is backed by Goldman Sachs, Bain Capital Ventures, Mohr Davidow Ventures and Signal Peak Ventures.

228 Views

Cloud security startup Evident.io raises $9.85 mln

Dublin, Calif.-based Evident.io, which provides security technology for Amazon Web Services, announced today that has raised $9.85 million in Series A funding led by Bain Capital Ventures. True Ventures also participated in the round. The company previously raised $1.5 million in seed-stage funding from True Ventures.

164 Views

EverTrue scores $8 mln Series B

Boston-based EverTrue, a social donor management platform, has closed $8 million in Series B funding. Bain Capital Ventures led the round with participation from Silicon Valley Bank.

427 Views

Bain Capital Ventures leads $55 mln growth round in Infusionsoft

Bain Capital Ventures has led a $55 million Series D growth funding in Infusionsoft,a sales and marketing software provider for small businesses. Prior investors Signal Peak Ventures, Goldman Sachs, Arthur Ventures and Allure Ventures participated in the funding round. Infusionsoft has raised a total of $125 million, including a $54 million Series C funding round led by Goldman in 2013.

157 Views

Symphony raises $21.5 mln Series B

Symphony Commerce closed a $21.5 million Series B round of funding led by CRV, with participation from existing investors Bain Capital Ventures and FirstMark Capital. Headquartered in San Francisco, Symphony Commerce delivers commerce as a service to fast-growing brands.

117 Views

Investor group provides $1.2 mln seed funding in Sgrouples

A group of seed investors has led a $1.2 million seed round in social networking service Sgrouples. The company has raised a total of $1.8 million in seed funding after collecting $600,000 in June, 2013. Investors in the funding round include Josh Friedman of Easton Capital, Jack Canfield, Marci Shimoff, Tom Myers, Mykola Latansky, Dan Phillips and Jack Sweeney, an operating partner with Bain Capital Ventures.

191 Views

VC-backed ABILITY Network names CFO

ABILITY Network has hired Robert Barbieri as chief financial officer. Previously, Barbieri worked at Converge One where he served as a CFO. Headquartered in Minneapolis, ABILITY Network is a healthcare tech firms. Its backers include Summit Partners, Lemhi Ventures and Bain Capital Ventures.

169 Views

Enrique Salem joins Bain Capital Ventures as MD

Bain Capital Ventures has appointed Enrique Salem as a managing director based in its Palo Alto office. Salem will identify and lead investments in companies in infrastructure software and services across all stages of development.

Clari pulls in $20 mln Series B

Clari said Tuesday that it has received $20 million Series B funding round. Bain Capital Ventures led the round with participation from Northgate Capital and Sequoia Capital. In addition to the funding, Bain Capital Ventures’ Ajay Agarwal has been added to Clari’s board. Based in Mountain View, Calif., Clair is a mobile-first sales productivity platform.

181 Views

Concurrent closes $10 mln Series B

Concurrent has secured $10 million in Series B funding. New investor Bain Capital Ventures led the funding round. Rembrandt Ventures and True Ventures also participated.

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