PE-backed online car retailer Vroom grabs $95 mln Series C

By Iris Dorbian — 2 months ago

New York and Dallas-based Vroom, an online retailer of used cars, has raised $95 million in Series C funding. The investors were not named. Also, the company has agreed to buy Houston-based online car retailer Texas Direct Auto. No financial terms were disclosed. Vroom’s previous backers include Catterton, General Catalyst Partners and T. Rowe Price Associates Inc.

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New Relic buys VC-backed Opsmatic

By Alastair Goldfisher — 3 months ago

New Relic announced it has acquired San Francisco-based Opsmatic, which provides a DevOps monitoring tool. Terms of the acquisition were not disclosed. Opsmatic has raised more than $3.25 million in seed-stage funding, according to data from Thomson Reuters. Investors include Detroit Venture Partners, Freestyle Capital, General Catalyst Partners, Illuminate Ventures, Index Ventures, Slow Ventures and others, according to CrunchBase. […]

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General Catalyst Partners backs Outlearn

By Iris Dorbian — 4 months ago

Boston-based Outlearn, a cloud publishing platform provider, has secured $2 million in seed funding. The investors were General Catalyst Partners with participation from Paul Sagan, former CEO of Akamai Technologies.

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Censio nets $10 mln Series A

By Iris Dorbian — 4 months ago

Boston-based Censio, which uses big data to make driving safer and more affordable, has raised $10 million in Series A funding. General Catalyst Partners led the round with participation from Bain Capital Ventures and Lakestar.

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Visa backs VC-backed payments startup Stripe

By Iris Dorbian — 6 months ago

Visa Inc has made an undisclosed investment in Stripe, a mobile and online payment provider. According to Crunchbase, Stripe’s backers include Sequoia Capital, Thrive Capital, Founders Fund, Khosla Ventures, Andreessen Horowitz and General Catalyst Partners.

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VC-backed ThreatStream appoints Bush as CFO

By Iris Dorbian — 7 months ago

Redwood City, California-based ThreatStream, a cyber security threat intelligence platform provider, has named Nancy Bush as chief financial officer. Previously, Bush worked at Adaptive Insights where she served as vice president of finance. ThreatStream’s backers include General Catalyst Partners, Institutional Venture Partners, Google Ventures and Paladin Capital Group.

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Fintech startup Digit raises $11.3 mln, General Catalyst leads

By Alastair Goldfisher — 9 months ago

Digit, a San Francisco-based provider of an automated savings tool for consumers, announced it has raised a $11.3 million Series A round. General Catalyst Partners led the round, which included existing investors Baseline Ventures and Google Ventures. Hans Morris, former president of Visa, and other individual investors also participated in the funding. The company has now raised $13.8 million in total funding.

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Food brand NatureBox picks up $30 mln series C

By Iris Dorbian — 9 months ago

Food brand NatureBox Inc has raised $30 million in Series C funding. Global Founders Capital led the round with participation from other investors that included Neuberger Berman Private Equity Funds, Kensington Capital Holdings, Valley Oak Investment Partners, General Catalyst Partners, Canaan Partners and Softbank Capital.

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