CRV leads funding round in SignalFx

SignalFx, previously known as SignalFuse, emerged from stealth and announced it has raised a $20 million Series B funding round led by CRV. Existing investor Andreessen Horowitz also participated in the round. The San Mateo, Cailf.-based company, which provides monitoring of cloud software, has now raised $28.5 million in funding to date. As a result of the Series B, Devdutt Yellurkar, general partner at CRV, has joined the board, which includes Ben Horowitz.


Family robot maker Jibo raises $25.3 mln Series A

Jibo, which develops a connected, consumer robot for the home, announced it has raised $25.3 million in Series A funding. RRE Ventures led the round, with participation from CRV, Flybridge Capital Partners, Fairhaven Capital Partners, Two Sigma, Formation 8, Samsung Ventures, Osage Venture Partners and individual investors. The Cambridge, Mass.-based company had previously raised an undisclosed amount of seed funding, led by CRV. Jibo held a crowdfunding campaign on Indiegogo from mid-July to mid-September last year in which it pre-sold 4,800 units and raised $2.8 million. The product acts like a smart assistant, reminding users of tasks and interacting with the household. 


Rethink Robotics pulls in $26.6 mln Series D

Boston-based robots maker Rethink Robotics has raised $26.6 million in Series D funding. GE Ventures led the round with participation from other investors that included Goldman Sachs, Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson and Two Sigma Ventures.


Scale Venture Partners leads $25 mln Series C funding in OneLogin

Scale Venture Partners has led a $25 million Series C funding round in OneLogin, which provides cloud-based identity and access management. Existing investors CRV and The Social+Capital Partnership also participated in the funding round. Rory O’Driscoll, partner at Scale Venture Partners, will join OneLogin’s board. The company has now raised a total of $44 million.

DataGravity picks up $50 mln Series C

Nashua, New Hampshire-based DataGravity, a data-aware storage platform provider, has closed $50 million in Series C funding. Accel Partners led the round with participation from return backers Andreessen Horowitz, CRV and General Catalyst Partners. Also, Ping Li of Accel Partners has been appointed to DataGravity’s board of directors.

Drone quadcopter released to monitor Indonesia's Mount Sinabung volcano. By  REUTERS/Beawiharta

Top 10 posts: venture capital

Trending in VC deals this week: unmanned aerial vehicles (aka drones), wearable technology, mobile tech for online education, employee-scheduling software, tech talent development program and cloud security.


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.


Light raises Series A funds

Light has raised a $9.7 million Series A. The investment was co-led by Bessemer Venture Partners and CRV. Light is a team of creative technologists working on the art and science of photography.


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.

Slideshow: Bring on the 2012 IPO Candidates

The market for venture-backed IPOs has been pretty dead so far this year. But based on new filing activity, it looks like there’s some optimism things will improve. At least six venture-backed companies have filed to go public since the start of the year, in sectors ranging from enterprise software to semiconductors to car rentals. […]


Investors Like Controversial Site Unvarnished, Give it $500K, with More Likely to Follow Soon

Unvarnished, a new site that invites people to “review” work colleagues, has raised $500,000 in VC funding, according to an email sent out by founder Peter Kazanjy.

The San Francisco startup was looking to raise closer to $1 million, according to sources. Judging by the buzz that has surrounded Unvarnished since its debut last week, it may get there soon.

While some employment attorneys at Wilson Sonsini seem baffled by the site — telling the L.A. Times last week that it’s a “litigation nightmare” that begs the question “Who can I sue?” — some venture capitalists and angel investors appear ready to gamble on the company as a back way into LinkedIn’s market space.

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