Zendesk appoints to board

Zendesk, a provider of cloud software has made three appointments to its board of directors: Caryn Marooney, vice president of technology communications at Facebook; Elizabeth Nelson, former chief financial officer of Macromedia and former Amazon.com general counsel Michelle Wilson. Founded in 2007 and based in San Francisco, Zendesk has offices in seven countries and funding from Charles River Ventures, Benchmark, GGV Capital, Index Ventures, Matrix Partners and Redpoint Ventures.

usermind raises oversubscribed Series A

Enterprise startup usermind has raised $7.6 million in an oversubscribed Series A round of financing led by Andreessen Horowitz, with participation from Charles River Ventures and SV Angel. Co-founded in May 2013 by enterprise technology veterans Michel Feaster (CEO) and Przemek Pardyak (CTO), usermind will use the funding to advance product development and expand the company’s Seattle-based headquarters.

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EMC’s Aveksa Buy a Score for CRV

Charles River Ventures and other backers scored a positive return with Aveksa, an identity management software provider acquired by EMC today in a deal reportedly valued at north of $200 million.

Nantero Closes Series D

Nantero has closed a Series D round of financing for over $10 million. The oversubscribed round was led by two new strategic corporate investors and also includes existing investors, including Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, Stata Venture Partners and Harris & Harris Group.

Xamarin Raises $12M From Charles River, Ignition, Floodgate: CORRECTED

Xamarin said it raised $12 million in a Series A financing from Charles River Ventures, Ignition Partners, and Floodgate. The development tools company will use the funds for product expansion and to build a sales and marketing team. PRESS RELEASE Xamarin Raises $12M to Help Businesses Address Mobile Developer Shortage  Company’s platform already enables 150,000 […]

CampusLIVE Re-launches as Dailybreak and Inks $5m

CampusLIVE has re-launched as Dailybreak. Based in Boston, MA, the company has closed $5 million in funding led by GSV Capital Corp and is also backed by Highland Capital and Charles River Ventures. Dailybreak has also appointed John Federman as CEO. PRESS RELEASE With a string of major developments heralding its expansion beyond the college-aged […]

Reuters – Freshplum Raises Seed Funding

Palo Alto start-up Freshplum has raised $1.4 million in seed funding. Investors include New Enterprise Associates, Greylock Partners, Google Ventures and Charles River Ventures, as well as a number of current and former executives from Facebook, Google and PayPal. Reuters – Palo Alto start-up Freshplum hopes to take the guesswork out of digital commerce by […]

Magnetic Attracts $10M

Magnetic, the search retargeting company, has taken on $10 million in a Series B round led by Edison Ventures. The New York-based company didn’t have any difficulty finding VCs, however: other backers for the round included IA Capital Partners, NYC Seed, NYC Investment Fund, Jonathan Kraft, Neu Venture Capital and Charles River Ventures. PRESS RELEASE: […]

SessionM Raises $20M From Charles River, Kleiner, Highland

SessionM said it raised $20 million in Series B funding in a round led by Charles River Ventures and joined by current investors Highland Capital Partners and Kleiner Perkins Caufield & Byers. The company will use the money for new hires and continue expansion of its platform, technology and network footprint. PRESS RELEASE Mobile Engagement […]

Kibits Raises $1M

Venture capital-backed Kibits Corp. has launched its a micro-social networking app for iPhone and iPod touch.  The company has raised $1 million from Google Ventures, Charles River Ventures, General Catalyst, Commonwealth Capital Ventures, SOSventures, Launch Capital, the CommonAngels Fund and undisclosed angels. Kibits is based in Cambridge, Mass. PRESS RELEASE Kibits Corp. today announced the […]

Rive Technology Appoints New CEO

Rive Technology, a provider of materials-based solutions for catalytic and separations processes for refining, chemicals, and biofuels, has appointed David C. Aldous as chief executive officer. Aldous brings over 30 years of experience in the refining, chemicals and catalyst industries, including over 20 years at Royal Dutch Shell where he was executive vice president of […]

Venture-Backed Open Mile Receives $3 Million Loan from NXT Capital Venture Finance

NXT Capital Venture Finance has provided a $3 million venture loan to Boston-based Open Mile, an online logistics provider backed by Charles River Ventures and Globespan Capital Partners. The money will be used to “finance key growth initiatives,” according to a release. NXT Capital Venture Finance, a months-old arm of  the commercial finance company NXT Capital, […]

Game Closure Wins $12M Series A

Game Closure, a Mountain View, Calif.-based maker of HTML5-based cross-platform game technology, has raised $12 million. Highland Capital Partners led the Series A round, with Greylock, Benchmark, General Catalyst and Charles River Ventures also participating. Highland’s Andy Miller has joined the company’s board of directors. PRESS RELEASE Game Closure today announced a Series A financing […]

QR Code Company Scan Raises $1.7M Seed Round

San Francisco-based Scan Inc., maker of the popular QR code reader app for iOS, has raised a $1.7 million seed round led by Menlo Ventures. Other investors include Google Ventures, Charles River Ventures, Yuri Milner’s Start Fund, Social + Capital Partnership, Transmedia Capital, Ludlow Ventures. PRESS RELEASE Scan Closes $1.7 Million Seed Funding Led by Menlo Ventures; […]

Millennial Media Files for I.P.O

Mobile advertising network Millennial Media Inc. has filed with regulators to raise up to $75 million in an initial public offering. Morgan Stanley, Goldman Sachs and Barclays Capital are among the underwriters listed for the offering. The Baltimore-based company raised more than $65 million from venture investors, and wrapped up a $27.5 million round a year ago. Backers include from Bessemer Venture Partners, Columbia Capital, Charles River Ventures and New Enterprise Associates.

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