110 Views

GGV Capital and Khosla Ventures fund Opendoor

San Francisco-based Opendoor, an online home-selling service, has secured $20 million in funding. GGV Capital led the round with participation from Khosla Ventures. In conjunction with the funding, Glenn Solomon, a managing partner at GGV Capital, has been added to Opendoor’s board of directors.

124 Views

Great Oaks Venture leads $1.5 mln round for Wigo

Wigo said Tuesday it closed a $1.5 million extension of its seed round led by Great Oaks Venture Capital. Other investors in the round include Greylock Partners, GGV Capital, Blade, KEC Ventures, as well as angel investors including Jean Pigozzi and Brian Guttman. This extension follows an initial seed round of $550,000 Wigo raised over the summer. Boston-based Wigo is an app geared for college students that lets them figure out who is going out and where.

172 Views

GGV Capital, Icon Ventures lead $25 mln funding in Synack

GGV Capital and Icon Ventures (formerly Jafco Ventures) have co-led a $25 million Series B funding round in Synack, an online security startup. Other participants in the funding round include Kleiner Perkins Caufield & Byers, Google Ventures, Greylock Partners, Allegis Capital, Derek Smith, chief executive of Shape Security, Ray Rothrock, CEO of Redseal Networks and Timothy Eades, CEO of vArmour. Synack has raised a total of $34 million to date. Glenn Solomon, managing partner at GGV Capital, and Tom Mawhinney, GP at Icon Ventures, will join Synack’s board of directors.

175 Views

GGV Capital, DST lead $25 mln Series B funding in Boxed

GGV Capital and Digital Sky Technologies have led a $25 million Series B funding round in Boxed, a mobile app for wholesale club shopping. Other investors in the funding round include Founders Fund, AME Cloud Ventures, Vaizra Investments and early investors First Round Capital, Greycroft Partners and Signia Venture Partners. Jeff Richards, managing partner at GGV Capital, will join Boxed’s board.

242 Views

InVisage Technologies snaps up $32.5 mln

Menlo Park, Calif.-based camera platform InVisage Technologies has received $32.5 million in funding. The investors in this round included China Oceanwide USA Holdings, GGV Capital, Nokia Growth Partners, InterWest Partners, Intel Capital and RockPort Capital.

Mayfield leads Series A round for HashiCorp

San Francisco-based HashiCorp, a provider of DevOps solutions for the modern data center, has raised $10 million in Series A funding. Mayfield led the round with participation from GGV Capital and True Ventures.

447 Views

Houzz snags $165 mln in Sequoia-led round

Palo Alto, Calif.-based home remodeling and design platform Houzz has secured $165 million in funding. Sequoia led the round with participation from Oren Zeev, New Enterprise Associates, GGV Capital, Kleiner Perkins Caufield & Byers, DST Global and T. Rowe Price.

245 Views

Tracking device maker Tile discloses funding

Tile, which makes a $20 bluetooth-powered device that can track keys, luggage and other items, disclosed it has raised $13 million in total venture funding. This includes a $9.5 million Series A round led by GGV Capital and a $3.5 million seed-stage round led by the large Chinese company Tencent. Tile disclosed the funding details as part of its announcement that it would expand its technology to work on Android phones. With the recent Series A round, Jeff Richards, managing partner of GGV, has joined the board.

317 Views

Science acquires VC-backed PlayHaven

Science Inc. said Wednesday that it has acquired PlayHaven, a mobile game ad network. No financial terms were disclosed. PlayHaven’s backers included GGV Capital, Granite Global Venture Capital and e.ventures.

614 Views

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.

218 Views

Care.com acquires VC-backed Citrus Lane

Care.com has bought Citrus Lane, a Mountain View, Calif-based social commerce service that sells products to families. The value of the transaction was for a consideration of $22.9 million in cash, $8.1 million in equity at the closing and an additional $17.6 million in payments over the next two years. The latter is dependent on Citrus Lane’s fulfillment of “certain milestones” in 2015 and 2016. Mauria Finley, founder and CEO of Citrus Lane, will continue to run the company. She has also been named SVP and GM of Citrus Lane. Citrus Lane was backed by Greylock Partners and GGV Capital.

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