Highfive garners $32 mln Series B

Redwood City, California-based Highfive, a provider of video conferencing device and cloud software for businesses, has received $32 million in Series B funding. Lightspeed Venture Partners led the round with participation from other investors that included Andreessen Horowitz, General Catalyst, Google Ventures, SV Angel, Aaron Levie of Box and Marc Benioff of Salesforce.com.


NJ finds no pay-to-play violation in General Catalyst commitment

New Jersey state Treasury investigators found no wrongdoing in venture firm General Catalyst’s decision to not report a political contribution from one of its executives-in-residence – now Massachusetts Gov. Charlie Baker – months before the state pension committed millions to the firm.


Pushbullet grabs $1.5 mln seed

San Francisco-based Pushbullet, a provider of cross-platform functionality solutions, has closed $1.5 million in seed funding. The investors included General Catalyst, SV Angel, Alexis Ohanian, Garry Tan and Paul Buchheit.


Social messaging app Chatous snaps up $2.1 mln

Social messaging app Chatous has received $2.1 million in funding. The investors were General Catalyst, XSeed Capital and Slow Ventures. In conjunction with the funding, Kevin Colleran, a venture partner at General Catalyst, has been added to the Chatous board of directors.


Indico snags $3 mln

Machine learning startup Indico has raised $3 million in funding. The investors included General Catalyst, .406 Ventures, Two Sigma and Boston Seed.


Good night for private equity candidates

Remember Mitt Romney’s presidential run and the ripple effects the negative campaigning had on the private equity industry? Last night might have been a bit of vindication when it comes to politics and private equity.


BVP and General Catalyst leads $3.5 mln seed round for Abacus

Abacus has received $3.5 million in seed funding, the company confirmed in a blog post on its site. Bessemer Venture Partners and General Catalyst led the round with participation from other investors that included Bloodstone, CrunchFund, FundersClub and Google Ventures. Based in New York City, Abacus provides real-time employee expense systems. To read the announcement, visit here.


Actor Jared Leto holds his award for best supporting actor as he arrives at the 2014 Vanity Fair Oscars Party in West Hollywood

Superpedestrian snaps up $4 mln

Superpedestrian has raised $4 million in funding. The investors included Spark Capital, General Catalyst, actor Jared Leto and former Akamai CEO Paul Sagan. Based in Cambridge, Mass., Superpedestrian is a developer of the Copenhagen Wheel bike.


VC-backed Handy buys Mopp

New York City-based on-demand home cleaning and repair service Handy (formerly known as Handybook) has acquired UK-based cleaning service Mopp, the latter confirmed in a blog post on its site. No financial terms were disclosed. Handy’s backers include Revolution Growth, General Catalyst and Highland Capital. To read the announcement, visit here.


GGV Capital leads $13.5 mln Series A funding in FlightCar

GGV Capital has led a $13.5 million Series A funding in FlightCar, a peer-to-peer car sharing service operating at airports. Other participants in the funding include General Catalyst, SoftBank Capital and First Round Capital. Comcast Ventures and Facebook co-founder Eduardo Saverin also invested. FlightCar has raised a total of $20 million to date, making co-founders Rujul Zaparde, 19, and Kevin Petrovic, 20, among the youngest entrepreneurs to have raised such large amounts of venture capital.


Fractyl garners $40 mln Series C

Fractyl Laboratories said Thursday that it has secured $40 million in Series C funding. Mithril led the round with participation from General Catalyst, Bessemer Venture Partners and Domain Associates. In conjunction with the funding, Ajay Royan, Mithril’s co-founder and managing general partner, has been added to the company’s board of directors. Based in Waltham, Mass., Fractyl is a developer of a device-based endoscopic procedure to treat Type 2 diabetes.

Cast member Alba poses at the premiere of "Sin City: A Dame to Kill For" in Hollywood

Top 10 posts: venture capital

Trending in venture news this week: LPs swamped by fundraisers, big data companies are still hot and Jessica Alba‘s startup nabs $70 million.

VC-backed Mustbin promotes CTO to CEO

Mustbin, a Boston-based app for organizing, storing and sharing vital personal information, has promoted Satyender Mahajan to CEO from chief technology officer. The firm’s backers include DAG Ventures, General Catalyst, Mohr Davidow Ventures and Northgate Capital.

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Trending on peHUB this week: Why are LPs paid peanuts compared to PE pros? And what’s the deal with Super Evil Megacorp?

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