Shiftgig inks $22 mln

By Iris Dorbian — 3 days ago

Shiftgig, which connects people with jobs on their smartphones, has closed $22 million in Series B funding. Renren Inc led the round with participation from other investors that included Chicago Ventures, DRW Venture Capital, GGV Capital, Garland Capital Group, KGC Capital, Pritzker Group and Wicklow Capital.


VC-backed InVisage names Oscar-winning cinematographer to advisory board

By Iris Dorbian — 3 weeks ago

Menlo Park, Calif.-based camera platform InVisage Technologies has appointed cinematographer Emmanuel Lubezki to its advisory board. Lubezki has won two Oscars in cinematography for his work on the films “Gravity” and “Birdman: Or (The Unexpected Virtue of Ignorance).” InVisage is backed by GGV Capital, Nokia Growth Partners, RockPort Capital, InterWest Partners, Intel Capital, Oceanwide and OnPoint Technologies.


Agora racks up $20 mln Series B

By Iris Dorbian — 2 months ago

Palo Alto, California-based Agora Inc, a communications as a service provider, has raised $20 million in Series B funding. The investors included Morningside, SIG, GGV Capital, ShunWei and IDG.


Tile extends Series A with backing from Khosla Ventures

By Alastair Goldfisher — 6 months ago

San Mateo, Calif.-based  Tile, maker of  a bluetooth-powered wearable device to keep track of items, announced it has raised a $3 million Series A extension from Khosla Ventures. Tile previoulsy raised $13 million in funding, including a $9.5 million Series A round led by GGV Capital and $3.5 million in seed-stage funding led by the large Chinese company Tencent. Other investors include Tandem Capital, Rothenberg Ventures and individuals. Tile said it has shipped 2 million of its tracking devices. The company raised $2.6 million via its Selfstarter campaign in 2013.


Lightspeed leads funding for marketing software developer Percolate

By Alastair Goldfisher — 7 months ago

New  York-based Percolate, which provides a marketing software platform, announced it has raised a $40 million Series C round of funding led by Lightspeed Venture Partners. Existing investors Sequoia Capital, GGV Capital, First Round Capital and Lerer Hippeau Ventures also participated in the round. The company, founded in 2011, has now raised $74.5 million in total venture funding.


GGV Capital and Khosla Ventures fund Opendoor

By Iris Dorbian — 9 months ago

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.


Great Oaks Venture leads $1.5 mln round for Wigo

By Luisa Beltran — 9 months ago

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.


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

By Chris Witkowsky — 9 months ago

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.


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

By Chris Witkowsky — 11 months ago

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.