Twilio racks up $130 mln Series E

By Iris Dorbian — 4 months ago

San Francisco-based cloud communications company Twilio has secured $130 million in Series E funding. Fidelity and T. Rowe Price led the round with participation from Altimeter Capital Management, Arrowpoint Partners, and Salesforce Ventures. Allen & Company LLC provided financial advice to Twilio on the transaction.


Google and Fidelity invest $1 bln into SpaceX

By Iris Dorbian — 10 months 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.


Pinterest racks up $200 mln at $5 bln valuation

By Iris Dorbian — 2 years ago

Virtual scrapbook site Pinterest has raised $200 million in Series F financing at a valuation of $5 billion, a spokesperson from the company confirmed. Previous backers SV Angel, Bessemer Venture Partners, Fidelity, Andreessen Horowitz, FirstMark Capital and Valiant Capital Partners participated in the round.  Pinterest co-founder and CEO Ben Silbermann said in a statement: “Pinterest has a vision of solving discovery and helping everyone find things they’ll love. This new investment gives us additional resources to realize our vision.”


peHUB First Read

By Angela Sormani — 3 years ago

In this morning’s FirstRead Dell ups Quest bid, Google Ventures brings old school business apps to the cloud and Russian Internet shows us the money.