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Meritech Capital leads $40 mln round for Coupa Software

Coupa Software said Thursday that it has secured $40 million in Series F funding. Meritech Capital led the round with participation from Icon Ventures, Northgate Ventures, Crosslink Capital, Mohr Davidow Ventures, Battery Ventures, El Dorado Ventures and Blue Run Ventures also participated. In addition to the funding, George Bischof, managing director of Meritech Capital Partners, has been added to Coupa’s board as an observer. Based in San Mateo, Calif., Coupa Software is a provider of cloud-based solutions for finance.

Crosslink to raise two venture funds

Crosslink Capital has set out to raise two new venture funds, according to filings with the Securities and Exchange Commission. The filings, released Friday, show the firm plans to raise Crosslink Ventures VII and Crosslink Bayview VII. No fundraising targets were listed and no first sales were announced.

Big Data Company DataStax Raises $45M Series D

DataStax, which provides a big data platform built on Apache Cassandra, has raised $45 million in Series D funding. The round was led by Scale Venture Partners with participation from existing investors Lightspeed Venture Partners, Crosslink Capital and Meritech Capital Partners and new investors DFJ Growth and Next World Capital. The company has now raised about $110 million in total funding since it was founded in early 2010.

Scripted.com Raises $4.5M In Crosslink & Redpoint Led Deal

Scripted.com said it raised $4.5 million in a Series A financing led by Crosslink Capital and Redpoint Ventures. Joining the round are James Currier and Stan Chudnovsky from Ooga Labs, Branchout CEO Rick Marini, Bebo co-founder Michael Birch, Military.com co-founder Chris Michel and LA angel Paige Craig. Chris Moore from Redpoint Ventures and Eric Chin from Crosslink Capital will be join the board.

TakeLessons Secures Financing

TakeLessons, an online service marketplace for music lessons in the US, has secured a $4 million round of venture capital financing, bringing the total investment into the company to more than $12 million. Triangle Peak Partners led the round with participation from Siemer Ventures and existing investors Crosslink Capital and SoftTech VC.

Prosper Names Former Charles Schwab Executive CTO

Peer-to-peer lending marketplace Prosper has appointed Scott Strait as chief technology officer. Prosper has raised $80.9 million in venture capital and is backed by investors including Accel Partners; Larry Cheng of Volition Capital; David Silverman of Crosslink Capital; Court Coursey of TommorrowVentures; Timothy Draper of Draper Fisher Jurvetson; Capital One Co-founder Nigel Morris of QED Investors; Eric Schwartz; DAG Ventures; Mertiech Capital and Omidyar Network.

On The Run Tech is Formed

Postcard on the Run has formed On The Run Tech, its parent company that specializes in building mobile apps that let users create customized physical products right from their mobile device. On The Run Tech recently closed a seed round of $1.3 million bringing the total amount of funding to date to $2 million. Selena Gomez, an investor and creative advisor to the company, participated in the new round along with Crosslink Capital, Crosscut Ventures, Siemer Ventures, Miramar Venture Partners, Newport Coast Investments and Double M Capital among other investors.

ServiceMax Inks $27 Million New Funding

ServiceMax, a provider of cloud-based, mobile and social field service applications has secured $27 million series D investment led by Crosslink Capital. Also participating in the round were Emergence Capital Partners, Mayfield Fund and Trinity Ventures. ServiceMax has raised $52 million to date.

Validity Sensors Secures $20m Series E led by TeleSoft Partners

Validity Sensors, a Natural ID™ authentication business has secured approval for $20 million in Series E financing. The first closing of $10 million took place on October 4th, 2012 and was led by TeleSoft Partners, along with full participation from existing investors, including Crosslink Capital, Panorama Capital, Qualcomm Ventures and Venture Tech Associates.

Big Data Company DataStax Racks Up Third Round of Funding

DataStax, the provider of the open source database management system Apache Cassandra, has raised a $25 million Series C round of funding. Meritech Capital Partners led the round, with participation from existing investors Lightspeed Venture Partners and Crosslink Capital. The company has now raised $38.7 million in fudning since 2010.

Crosslink Raises $320 Mln with Latest Fund

Crosslink Capital said it raised $320 million for its latest fund. Crossover Fund VI will be actively invested through April 30, 2018 and 6% of total funding has been committed by Crosslink’s General Partners and employees. Crosslink, of San Francisco, is s venture capital and growth equity firm with over $1.8 billion in assets. Investments include Pandora, Ancestry.com and Omniture.

Kiip Gets Backing from Japanese Internet Giant Digital Garage

Mobile rewards network Kiip has secured financing from Japanese Internet business Digital Garage. The strategic investor joins the company’s most recent $11 million round of Series B funding. The company is backed by Relay Ventures, Hummer Winblad, True Ventures, Verizon Ventures, Crosslink Capital and others.

Reuters – Equinix Sells Data Centers

Equinix plans to sell 16 data centers in the United States to an investment group for about $75 million, writes Reuters. The investment group consists of 365 Main, Crosslink Capital and Housatonic Partners. Reuters – Equinix Inc said it plans to sell 16 data centers in the United States to an investment group for about […]

Turner Buys Venture Backed Bleacher Report

Turner Broadcasting System, Inc. said it acquired the venture backed Bleacher Report. The sports property has backers including Crosslink Capital, Oak Investment Partners and Hillsven Capital. PRESS RELEASE Turner Broadcasting System, Inc. Acquires Bleacher Report
Leading Sports Digital Property Joins Turner Sports Portfolio Turner Broadcasting System, Inc. has acquired Bleacher Report (B/R), one of the fastest-growing […]

Global Analytics Gets $25M From Mohr, Crosslink, Others

Global Analytics Holdings said it received a $25 million Series D round of funding led by Mohr Davidow Ventures and joined by Crosslink Capital and a number of private investors. The company plans to use the money to develop Zebit, a big data platform for financial transactions. PRESS RELEASE Zebit Lands $25 million in Venture […]

SilkRoad Raises $35M Series C

SilkRoad, a Chicago-based company focused on online human resources and “social talent management,” has raised a $35 million Series C financing round. Investors in the round include new investors Keating Capital and NTT Finance. Existing investors including Intel Capital, Crosslink Capital, Foundation Capital, Azure Capital and Tenaya Capital also joined in the round. Since 2003, […]

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