111 Views

VC-backed Datto buys Backupify

Datto, which is backed by General Catalyst Partners, has acquired Backupify. No financial terms were disclosed. Based in Cambridge, Mass., Datto is a provider of backup and recovery solutions for SaaS applications.

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Altiscale pulls in $30 mln in Northgate-led round

Altiscale, a Palo Alto, Calif.-based provider of HaaS solutions, has received $30 million in Series B funding. Northgate led the round with participation from return backers Sequoia Capital and General Catalyst Partners. Also, the firm has hired Michael Maciag as chief operating officer.

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.

291 Views

ThreatStream raises $22 mln

ThreatStream said Thursday it raised $22 million in series B funding led by General Catalyst Partners. New investors Institutional Venture Partners and previous investors Google Ventures and Paladin Capital Group also participated. Redwood City, Calif.-based ThreatStream offers a SaaS-based cyber security threat intelligence platform.

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Menlo Security attracts $10.5 mln Series A

Menlo Park, Calif.-based Menlo Security, a stealth cyber security start-up, has secured $10.5 million in Series A funding. General Catalyst Partners led the round with participation from Osage University Partners. In conjunction with the funding, Steve Herrod, a managing director at General Catalyst, has been added to Menlo Security’s board.

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VISANOW raises $16.1 mln from General Catalyst

VISANOW said it raised $16.1 million from General Catalyst Partners. The online immigration services company also appointed to its board  Karen Mills, former administrator of the U.S. Small Business Administration, General Catalyst XIR and former CEO of Zipcar Scott Griffith, and General Catalyst Managing Director Brian Shortsleeve. Details of the funding are available on a document filed with the Securities and Exchange Commission here.

265 Views

General Catalyst leads $9 mln round for homework startup Brainly

Brainly, a social learning network that allows students to help each other with homework, has received $9 million in Series A funding. General Catalyst Partners led the round with participation from other investors that included Point Nine Capital, Learn Capital and Runa Capital. In addition to the funding, Adam Valkin and Nitesh Banta from General Catalyst Partners have been appointed to Brainly’s board of directors. According to the company, the capital infusion will be used to expand its U.S. business and open an office in New York City.

159 Views

Digital media firm KIN fetches $12 mln Series C

Santa Monica, Calif-based digital media firm KIN has secured $12 million in Series C funding. Corus Entertainment led the round with participation from other investors that include Emil Capital, Mayfield Fund, General Catalyst Partners and Rustic Canyon Partners.

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Livongo Health raises $10 mln Series A

Livongo Health, a consumer digital health company has secured a $10 million Series A funding round from General Catalyst Partners. The company secured initial funding from 7wire Ventures.

Jessica Alba by Mario Anzuoni for Reuters
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The Honest Company raises $70 mln

The Honest Company, which was co-founded by the actress Jessica Alba and which sells eco-friendly natural, non-toxic products online, has raised $70 million in a round led by funds associated with Wellington Management Company.

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General Catalyst looks for payday with HubSpot IPO

Marketing software provider HubSpot Inc, which has raised about $100 million in venture capital, on Monday registered for an initial public offering. The filing shows that VCs own 66 percent of the company, led by General Catalyst Partners, which owns about 27 percent.

331 Views

Adecco Group buys VC-backed OnForce

Adecco Group, parent company of Beeline, has acquired OnForce. No financial terms were disclosed. Based in Lexington, Mass, OnForce is a provider of workforce solutions. Its backers include North Atlantic Capital, General Catalyst Partners and Accel Partners.

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Wildcard pulls in $7 mln Series A

According to a blog post by CEO Jordan Cooper, Wildcard has received $7 million in Series A funding. The investors were General Catalyst Partners, Softbank, Lerer Ventures, Box Group and Gary Vaynerchuk. Wildcard is a “replacement for the internet on your phone,” says its website. To read the announcement, visit here.

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