Scalyr, a provider of log monitoring solutions, has received $2.1 million in seed funding, the company confirmed in a blog post on its site. Susa Ventures led the round with participation from Bloomberg Beta, Google Ventures and Sherpalo Ventures.
Recorded Future, a real-time threat intelligence analytics platform provider, has received $12 million in Series D funding, the company announced in a blog post on its site. Reed Elsevier Ventures led the round with participation from MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company, Google Ventures, In-Q-Tel, Atlas, IA Ventures and Balderton. In conjunction with the funding, Kevin Brown, general partner at Reed Elsevier Ventures, has been appointed to Recorded Future’s board. To find out further details on the funding, visit here.
BoxGroup has led a $25 million Series B funding round for shopping app Spring, confirmed a spokesperson for the latter company. Other investors included Yuri Millner, Groupe Arnault, Google Ventures and Thrive Capital.
Ann Arbor, Michigan-based Duo Security, a provider of cloud-based access security solutions, has received $30 million in Series C funding. Redpoint Ventures led the round with participation from return backers Benchmark, Google Ventures, Radar Partners and True Ventures.
San Francisco-based CoreOS, a provider of open source enterprise solutions for Linux containers, has raised $12 million in funding. Google Ventures led the round with participation from Kleiner Perkins Caufield & Byers, Fuel Capital and Accel Partners.
CliQr, a provider of a cloud-based app management platform, has raised $20 million in Series C funding led by Polaris Partners. Foundation Capital, Google Ventures and TransLink Capital also participated in the round. The Santa Clara, Calif.-based company has now raised $38 million in total funding since it was founded four years ago. As part of the round, Gary Swart, formerly CEO of oDesk and current venture partner at Polaris, has joined the board.
Bitcoin trading platform Buttercoin is closing its service on April 10, the company announced in a post on its site. Buttercoin cited a “dip in bitcoin interest among Silicon Valley investors” as a reason for the shutdown. According to Crunchbase, Buttercoin’s previous backers included Google Ventures, FLOODGATE, Y Combinator, Initialized Capital and Rothenberg Ventures.
San Francisco-based ZenPayroll, an online payroll software provider for small businesses, has raised $60 million in funding. The investors included Emergence Capital Partners, Ribbit Capital, General Catalyst, Kleiner Perkins Caufield & Byers and Google Ventures.
Boulder, Colorado-based Trada, a paid search crowdsourced marketplace, has shut down its operations, CEO Matt Harada confirmed in a post on the company’s site. The reason cited for the closure was the company’s inability to pay its creditors. Trada, which launched in 2008, was backed by Foundry Group and Google Ventures. To read the announcement, visit here.
San Francisco-based telemedicine provider Spruce has raised a $15 million Series A round of funding from Kleiner Perkins Caufield & Byers, Google Ventures, Baseline Ventures and Cowboy Ventures. The company previously raised $2 million in seed funding.
As smart home technology and IoT becomes widely adopted in the coming years, the smart kitchen could be a $10 billion market opportunity for VCs by 2020.
Orbital Insight said it raised $8.7 million of Series A financing in a round led by Sequoia Capital and joined by new investor Google Ventures and existing investors Bloomberg Beta, citizen.vc and Lux Capital. Sequoia Partner Bill Coughran has joined the board.
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.
Fitbit Inc has agreed to buy San Francisco-based FitStar, a digital health and fitness platform. No financial terms were disclosed. FitStar’s backers include Google Ventures and Trinity Ventures.
Kobalt, a music publishing and global music rights management services company, has raised $60 million in Series C funding with Google Ventures, existing investor MSD Capital and MSDC Management. Kobalt has already raised $66 million. The new funding will support Kobalt’s work with artists and songwriters with creative services.
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.
Stealth e-commerce startup Jet announced it has raise $140 million in new funding led by Bain Capital Ventures. Also participating in the round are Accel Partners, Coatue Management, General Catalyst Partners, Goldman Sachs, Google Ventures, MentorTech Ventures, New Enterprise Associates, Norwest Venture Partners, Silicon Valley Bank, Temasek, Thrive Capital and others.
Metamorphic Ventures has led a $9 million funding round for Move Loot, an online furniture marketplace. Other investors included First Round Capital, Index Ventures, Great Oaks, IDG, Sherpa Ventures, Y Combinator and Google Ventures.