Trinity Ventures recruits Desi Hits’ Acharia-Bath as a partner

By Iris Dorbian — 5 months ago

Anjula Acharia-Bath has joined Trinity Ventures as a partner, the firm revealed in a Q & A with Acharia-Bath that was posted on its site. Acharia-Bath is a co-founder of Desi Hits, a South Asia-focused multimedia pop culture platform. She is also the manager of Bollywood star Priyanka Chopra. According to Crunchbase, Desi Hits’ backers include D.E. Shaw & Co, Draper Fisher Jurvetson and Trident Capital.

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Nantero nabs $31.5 mln Series E

By Iris Dorbian — 9 months ago

Woburn, Massachusetts-based Nantero, a provider of carbon nanotube electronics, has raised $31.5 million in Series E funding. The investors included Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners and Harris & Harris Group.

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NeuroVigil closes second financing round

By Luisa Beltran — 10 months ago

NeuroVigil said Friday it closed a second financing round led by Dr. Howard Morgan. Financial terms weren’t announced. Co-investors include space entrepreneur Elon Musk, venture capitalist Tim Draper and Draper Fisher Jurvetson and Zone Ventures. La Jolla, California-based NeuroVigil is responsible for the iBrain™ portable brain monitor.

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WaterSmart Software snaps up $7 mln

By Iris Dorbian — 10 months ago

San Francisco-based WaterSmart Software, a customer engagement platform for water utilities, has received $7 million in Series B funding. The investors included The Westly Group, Apsara Capital, Physic Ventures and Draper Fisher Jurvetson. In addition to the funding, Hal Harvey of Energy Innovation has been added to WaterSmart’s board of directors.

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VC-backed SugarCRM buys Stitch

By Iris Dorbian — 11 months ago

SugarCRM Inc has acquired San Francisco-based Stitch, a provider of personal assistant technologies that enhance productivity for mobile users. No financial terms were disclosed. SugarCRM is backed by Goldman Sachs, Draper Fisher Jurvetson, New Enterprise Associates and Walden International.

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Everspin Technologies snags $29 mln Series B

By Iris Dorbian — 1 year ago

Chandler, Arizona-based MRAM maker Everspin Technologies Inc has secured $29 million in Series B funding.The investors include Globalfoundries, Western Digital Capital, New Venture Partners, Lux Capital, Sigma Partners, Epic Ventures and Draper Fisher Jurvetson.

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Box IPO raises $175 mln

By Luisa Beltran — 1 year ago

Box Inc. said late Thursday it raised $175 million when it priced 12.5 million shares at $14 each via joint book-runners Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC. Underwriters on the deal have a 30-day option to buy an additional 1.875 million shares. Box will trade Friday on the NYSE under the ticker “BOX.” Box, the online storage company, is backed by venture capital firms including Draper Fisher Jurvetson, U.S. Venture Partners and Coatue Management.

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Google and Fidelity invest $1 bln into SpaceX

By Iris Dorbian — 1 year ago

SpaceX, a maker of rockets and spacecraft, has raised $1 billion in funding, the company confirmed in a post on its site. The investors were Google and Fidelity. As a result of their investment, Google and Fidelity will both own “just under 10 percent” of SpaceX. SpaceX is also backed by Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.To read the announcement, visit here.

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Rethink Robotics pulls in $26.6 mln Series D

By Iris Dorbian — 1 year ago

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.

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InsightSquared picks up $13.5 mln Series C

By Iris Dorbian — 1 year ago

Cambridge, Mass.-based InsightSquared, a provider of analytics solutions for small and midsize businesses, has received $13.5 million in Series C funding. The investors were Atlas Ventures, Draper Fisher Jurvetson, NextView Ventures and Two Sigma Ventures.

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Nervana feeling good with $3.3 mln funding led by DFJ

By Alastair Goldfisher — 1 year ago

Nervana Systems, a developer of artificial intelligence algorithms, announced it has raised $3.3 million in a Series A round led by DFJ. Also participating in the round are current investor Allen & Co, Jerry Yang’s AME Cloud Ventures and Fuel Capital. As part of the funding, Steve Jurvetson has joined the board. The company previously raised $600,000 in funding.

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Enlighted scores $20 mln Series D

By Iris Dorbian — 1 year ago

Enlighted said Wednesday that it has raised $20 million in Series D funding. The investors were previous backers Draper Nexus Ventures, Kleiner Perkins Caufield & Byers, RockPort Capital Partners, Draper Fisher Jurvetson and Intel Capital. Based in Sunnyvale, Calif. and India, Enlighted is a provider of efficiency solutions for commercial environments.

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