Battery Ventures promotes two

Battery Ventures has promoted Russell Fleischer to generate partner and Morad Elhafed to partner. Previously, Fleischer was a partner and before that, an executive-in-residence while Elhafed was a principal.

BigPanda scores $16 mln Series B

Mountain View, California-based data science platform BigPanda has secured $16 million in Series B funding. Battery Ventures led the round with participation from return backers Sequoia Capital and Mayfield. In addition to the funding, Scott Tobin, a general partner at Battery Ventures, has been added to BigPanda’s board.


StreamSets grabs $12.5 mln Series A

San Francisco-based StreamSets Inc, a provider of data ingest technology for the next generation of big data applications, has raised $12.5 million in Series A funding. Battery Ventures and New Enterprise Associates led the round with participation from Accel Partners and Ignition Partners. In conjunction with the funding, Pete Sonsini of NEA and Dharmesh Thakker of Battery Ventures have been appointed to StreamSets’ company’s board of directors.


NEA leads $76.5 mln funding in Blue Jeans Network

Mountain View, Calif.-based Blue Jeans Network, a provider of cloud-based video collaboration services, has raised $76.5 million in new funding led by New Enterprise Associates. Joining the round are previous investors Accel Partners, Battery Ventures and Norwest Venture Partners, as well as new investors Glynn Capital, Quadrille Capital, and the former baseball player Derek Jeter, among others. The company has now raised $175 million in total funding.

Monroe backs Battery’s buy of PSBU

Monroe Capital LLC said Tuesday that it provided a $57.5 million loan to support Battery Ventures’ acquisition of Physical Security Business Unit. Battery closed its buy of the Physical Security Business Unit on Sept. 21.

Max Schireson, Executive-in-Residence, Battery Ventures

Battery adds Schireson as EIR

Battery Ventures announced today that it has hired Max Schireson, the former CEO of open-source database company MongoDB, as an executive-in-residence. Battery said Schireson will advise the firm’s cloud and big data portfolio companies and help identify promising big data and open source projects from industry and academia. Schireson is based out of Battery’s Menlo Park, Calif.-based office and started earlier this week.


Battery promotes three to VP while another rejoins the firm

Battery Ventures has promoted Sanjiv Kalevar, Jeff Lu and Shiran Shalev to vice president. Kalevar and Shalev have been with the firm since 2013 while Lu has been with Battery for three years. Also, Ben Johnston has rejoined the firm as a vice president in the Menlo Park, California office after earning his MBA. Johnston started at Battery in 2011.


Fastly scores $75 mln Series D

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.


Battery Ventures buys NICE Systems’ Physical Security Business unit

Battery Ventures said Monday it has acquired the Physical Security Business Unit of NICE Systems. The deal is valued at up to $100 million. The Physical Security unit, which provides video- management, video-analytics and situation-management solutions, will be spun out into an independently operating business.

Catchpoint takes in $16 mln Series C

New York City-based Catchpoint Systems Inc, a provider of web and infrastructure performance monitoring solutions, has closed $16 million in Series C funding. The investors were Battery Ventures and Silicon Valley Bank.


SmarterHQ fetches $8 mln

Indianapolis-based retail marketing platform SmarterHQ has raised $8 million in funding. Simon Venture Group led the round with participation from other investors that included Battery Ventures.


StellaService nabs $15 mln Series C

New York City-based StellaService, a provider of customer service ratings for online retailers, has secured $15 million in Series C funding. Comcast Ventures led the round with participation from Novel TMT, Toba Capital, Battery Ventures, Gotham Ventures, RRE Ventures and Norwest Venture Partners. 

VC-backed AppDynamics names Scott to board

Application intelligence provider AppDynamics has added David Scott to its board. Scott was a senior vice president and general manager of HP‘s global storage business. He is also the former president and CEO of 3PAR. AppDynamics’ backers include Battery Ventures, ClearBridge Investments, Sands Capital, Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners.


LiveIntent scores $32.5 mln

New York e-mail marketing company LiveIntent has secured $32.5 million in funding. FTV Capital led the round with participation from other investors that included Battery Ventures, First Round Capital and Shasta Ventures. In addition to the funding, Liron Gitig, a partner at FTV, has been added to LiveIntent’s board of directors.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget