VC-backed IMVU hires product SVP

IMVU has named Stewart Bonn as senior vice president of product. Prior to joining IMVU, Bonn worked at If You Can where he served as chief product officer. Based in Mountain View, Calif., IMVU connects users through customizable avatar-based experiences. It is backed by Menlo Ventures, Allegis Capital, Bridgescale Partners and Best Buy Capital.


Bitcoin security platform BitGo snags $12 mln Series A

Silicon Valley-based bitcoin security platform BitGo said Monday that it has secured $12 million in Series A financing. Redpoint Ventures led the round with participation from investors that included Bridgescale Partners, Radar Partners, Founders Fund, Bitcoin Opportunity Corp., Liberty City Ventures, Crypto Currency Partners and Ashton Kutcher and Guy Oseary’s venture fund A-Grade Investments. In addition to the funding, Jeff Brody, founding partner of Redpoint, and Stratton Sclavos of Radar Partners, have been added to BitGo’s board of directors.

Salesforce Agrees to Buy VC-Backed Rypple announced it has agreed to buy Toronto-based Rypple, a provider of human resources software-as-a-service. Rypple, which has raised $13 million in funding from Bridgescale Partners, Edgestone Capital Ventures and Extreme Venture Partners, including a $7 million Series B round last year. Individual investors of Rypple include Peter Thiel (an early Facebook investor) and Roger […]

Three VCs Weigh In On Incubators, The Late Stage Bubble And Big Data

The venture industry is going through several transformations at once, so advice from experienced practitioners is worth the listen. That’s why I tuned in Tuesday morning as Hummer Winblad Venture Partners Managing Director Ann Winblad, Bridgescale Partners Managing Director Rob Chaplinsky and U.S. Venture Partners General Partner Paul Matteucci took the stage at the AlwaysOn […]

Digital Chocolate Eats Up Sandlot Games

Social gaming company Digital Chocolate Inc. has acquired casual gaming company Sandlot Games, the maker of mobile and web games like Super Granny and Cake Mania. Terms of the deal were not released. Digital Chocolate is backed by a slew of high-profile investors, including Bridgescale Partners, Sequoia Capital, Kleiner Perkins Caufield & Byers and Sutter Hill Ventures.

J. Hilburn Adds $5M from Bridgescale, Battery

Dallas-based men’s luxury brand J. Hilburn has closed on $5 million in new financing. Bridgescale Partners led the Series C round, with participation from existing shareholder Battery Ventures. The new money will help the company expand interactive technologies and product development, among other efforts. PRESS RELEASE J. Hilburn, the fastest-growing luxury men’s brand in the […]

Bridgescale, Adams Capital Put $7.8M into BuzzLogic

Online media company BuzzLogic, developer of a media index and analytics platform, has closed on $7.8 million in new financing from Bridgescale Partners, Adams Capital Management, and individual investor Bob Colman, among others. The company also secured debt financing from Bridge Bank. The money will help BuzzLogic introduce new advertising products, and double its sales and account management team. BuzzLogic has raised a total of $28 million to date.

Digital Chocolate Nets $12M

As earlier reported by, Digital Chocolate Inc., the social games developer, successfully completed its fundraising process. The company reeled in $12 million in a Series D that was led by Intel Capital and included BridgeScale Partners. Intel Capital represents a new investor in the gaming company, while BridgeScale participated in a previous round.


Scoop: Digital Chocolate Reaching Out to VC Investors

Zynga’s not for everyone. There are plenty of VCs out there with less than a quarter-billion to gamble. Some of them will do well to look into Digital Chocolate, which is reaching out to new potential investors for its Series D fundraising, sources at multiple VC firms told

Its’ A, B, and C rounds netted it in excess of $40 million (less than one-tenth of the haul Zynga already has raised, never mind its reported $250 million ongoing fundraising effort) and, should the company succeed in its ongoing attempts, it’s safe to say…

Bridgescale Adds Smyth to Focus On Social Media

Bridgescale Partners is adding a fifth partner. The firm is announcing today that Canadian Derek Smyth is joining the as a managing director, yet another indication that the growth stage investor is making a push in Canada. Smyth (pictured) previously served as a partner at EdgeStone Capital Partners and serves on the boards of RedMere […]

Bridgescale Is Hot for Canada, Leads Series A for Toronto’s Rypple

Bridgescale Partners, which is known more for its growth stage investments, is making some waves in Canada. The Menlo Park, Calif.-based firm, which has an office in Toronto, announced earlier today it led a $7 million Series A for Toronto-based Rypple, which develops HR software that makes it easier for employees and managers to share feedback […]


Rypple Secures $7 Million in Funding

Rypple, a Canadian social software firm, raised $7 million in a round led by Bridgescale Partners. Other investors included Edgestone Capital Ventures, Extreme Venture Partners, Peter Thiel, Seymour Schulich, Roger Martin and Joe Sigelman. The company has so far raised $13 million in funding. Howard Gwin, a Bridgescale partner, will join Rypple’s board of directors.

Dayforce Raises $10 Million

Dayforce, a provider of on-demand workforce management solutions, has raised $10 million in new VC funding led by Bridgescale Partners. The round is split into a pair of $5 million tranches, and brings total investment in the company to $20 million. Dayforce has offices in Toronto and Georgia.

Carrier IQ Raises $12 Million

Carrier IQ Inc., a Mountain View, Calif.-based provider of mobile service intelligence solutions for wireless carriers and equipment vendors, has raised $12 million in Series D funding. Bridgescale Partners led the round, and was joined by return backers Intel Capital, Mohr Davidow Ventures, Accel Partners, Charles River Ventures and Nauta Capital. The company previously raised $43 million.

Edgestone VC To Merge with Bridgescale Partners

(Reuters) – Canada’s Edgestone Venture Capital Fund has reached a deal to merge with Bridgescale Partners, a $200 million Silicon Valley fund, several sources with direct knowledge of the deal said. The sources, speaking on the sidelines of Canada’s top annual venture capital meeting, said the merger is driven by Edgestone’s desire to create a […]

David Walrod Joins Bridgescale Partners

David Walrod has quietly joined Bridgescale Partners as a venture partner. He actually did so back in April, but the tech-focused growth equity firm never announced the move (and we haven’t seen it elsewhere). The last time Walrod made news was in June 2007, when he stepped down as a Palo Alto-based general partner with Oak […]

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