Sapphire Ventures leads $35 mln round for Localytics

Boston-based app marketing and analytics platform Localytics has secured $35 million in Series D funding. Sapphire Ventures led the round with participation from return backers Foundation Capital and Polaris Partners. In addition to the funding, Doug Higgins, managing director at Sapphire Ventures, has been added to Localytics’ board of directors.


Madrona Venture’s Jordan and Foundation Capital’s Vassallo quit Control4 board

Len Jordan, managing director of Madrona Venture Group (formerly with Frazier Technology Ventures) and Steven Vassallo, general partner of Foundation Capital, have resigned from Control4‘s board. Both resignations will be effective as of April 28, 2015, which is the current date for Control4’s 2015 annual shareholders meeting. Frazier Technology first backed Control4 in June 2004 while Foundation made its first investment in July 2005. Based in Salt Lake City, Control4 is a provider of residential and commercial automation systems.


Fastback Networks pulls in $15 mln Series C

San Jose, California-based infrastructure firm Fastback Networks has received $15 million in Series C funding. Harmony Partners led the round with participation from return backers Foundation Capital, Granite Ventures, Juniper Networks and Matrix Partners.


BlockCypher collects over $3.1 mln seed

San Mateo, California-based BlockCypher, a block chain web services startup, has secured over $3.1 million in seed funding. The investors in the round included Foundation Capital, New Enterprise Associates, AME Cloud Ventures, Tim Draper, Upside Partnership, Streamlined Ventures and Fenox Venture Capital.


VC-backed LendingClub sets IPO pricing terms

According to an SEC filing, LendingClub Corp. has priced 57.7 million shares of its IPO at between $10 and $12 a share. The stock will trade on the NYSE under the ticker symbol “LC.” Morgan Stanley, Goldman Sachs, Credit Suisse and Citigroup are the lead underwriters. Based in San Francisco, LendingClub is a peer-to-peer lending marketplace. Its backers include Norwest Venture Partners, Canaan Partners, Foundation Capital, KPCB and Morgenthaler Venture Partners.



PE-backed ForgeRock recruits Humphrey as CMO

ForgeRock, a provider of identity relationship management solutions, has hired Robert Humphrey as chief marketing officer. Previously, Humphrey worked at CA Technologies where he served as senior vice president of global field and channel marketing. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.


Kik Interactive picks up $38.3 mln Series C, also acquires Relay

Kik Interactive has closed $38.3 million in Series C funding. Valiant Capital Partners led the round with participation from Millennium Technology Value Partners, SV Angel, Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures. Also, Kik has bought GIF messenger Relay. No financial terms were disclosed. Headquartered in Waterloo, Ontario, Kik is a maker of chat network Kik.


OMERS Ventures leads $4 mln seed round for LEAGUE

LEAGUE has secured $4 million in seed funding. OMERS Ventures led the round with participation from Infinite Potential Technologies, Foundation Capital and Real Ventures. LEAGUE is a digital health and wellness platform that is set to launch in early 2015.


DogVacay bags $25 mln in OMERS-led round

DogVacay has secured $25 million in funding. OMERS Ventures led the round with participation from other investors that included GSV Capital, First Round Capital, Benchmark, Foundation Capital and DAG Ventures. Headquartered in Santa Monica, Calif., DogVacay is an online community provider of pet care services.


Parking valet app Luxe drives away with $5.5 mln

San Francisco-based parking valet app Luxe has received $5.5 million in seed funding, the company announced in a blog post on its site. The investors were Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures and Rothenberg Ventures. To read more about the funding, visit here.


Beepi raises $60 mln in Series B funding

Beepi, a peer-to-peer marketplace to buy and sell cars online, has raised $60 million in Series B funding. Foundation Capital and SherpaVentures invested in the funding round, joining existing investors Redpoint Ventures, SherpaFoundry chief executive officer Tina Sharkey, OLX founder Fabrice Grinda, IG Expansion co-founder Jose Marin, Homeaway co-founder Brian Sharples, former Loopnet CEO Rich Boyle and Silicon Valley Bank.


Battery maker Aquion Energy raises $24.6 mln

Pittsburgh-based Aquion Energy, which makes energy storage systems, has raised $24.6 million in new funding, according to a regulatory filing that says the total offering amount is $32.6 million. The Pittsburgh Post-Gazette reported on Monday that the funding round will fuel the company’s operations through 2015. The regulatory filing didn’t indicate what investors participated in the round. The company had previously raised about $110 million in debt and equity from Advanced Technology Ventures, Foundation Capital, Kleiner Perkins Caufield & Byers and TriplePoint Capital.


AltspaceVR raises seed funds

AltspaceVR, a social platform for virtual reality, has raised $5.2 million in seed funding. Investors include Dolby Family Ventures, Formation 8, Google Ventures, Lux Capital, Foundation Capital, Rothenberg Ventures, SV Angel, Haystack Fund, Tencent, Raine Ventures, Promus Ventures, Western Technology Investment and others.

PE HUB Community

Join the 12514 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget