VC-backed HomeAway invests in Turkish vacation rental site Flat4Day

HomeAway Inc, a Austin, Texas-based online marketplace for vacation rentals, has acquired a minority stake in Flat4Day for $2 million. Based in Turkey, Flat4Day is a vacation rental website. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.

Rani Therapeutics attracts Series C financing

San Jose, California-based Rani Therapeutics, which helps convert injectable drugs into pills, has secured an undisclosed amount of Series C funding. The backers included Novartis, Google Ventures, InCube Ventures, The Stevanato Group, Crystal Horizon Investments, Pinemount Investments and VentureHealth.


VC-backed ClearStory Data hires Yahoo’s Howes as CTO

Menlo Park, California-based data intelligence solutions provider ClearStory Data has named Dr. Timothy A. Howes as its chief technology officer. Previously, Howes worked at Yahoo where he served as vice president of engineering. ClearStory Data is backed by Andreessen Horowitz, DAG Ventures, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers.


Cloud communications company Switch raises $35 mln

San Francisco-based Switch Communications announced it has raised a $35 million Series C round of funding. Amasia Associates of Singapore led the round, which included Felicis Ventures, SoftBank, Work-Bench Ventures and previous investors Andreessen Horowitz and Google Ventures. Switch Communications, formerly known as Firespotter Labs, previously raised $18 million in funding. The company provides a cloud-based business phone system.


Farmers Business Network reaps $15 million

San Carlos, California-based Farmers Business Network, a farmer-to-farmer information network, has received $15 million in funding. Google Ventures led the round with participation from Kleiner Perkins Caufield & Byers and DBL Investors. In addition to the funding, Google Ventures General Partner Andy Wheeler has been added to FBN’s board of directors.


Fintech startup Digit raises $11.3 mln, General Catalyst leads

Digit, a San Francisco-based provider of an automated savings tool for consumers, announced it has raised a $11.3 million Series A round. General Catalyst Partners led the round, which included existing investors Baseline Ventures and Google Ventures. Hans Morris, former president of Visa, and other individual investors also participated in the funding. The company has now raised $13.8 million in total funding.


Secret CEO Byttow confirms shutdown

Secret Inc. CEO David Byttow said in a post that the app would be shutting down. Secret, of San Francisco, has reportedly raised $35 million in funding, including $25 million in July. “Unfortunately, Secret does not represent the vision I had when starting the company, so I believe it’s the right decision for myself, our investors and our team,” Byttow wrote on Medium. Secret let users exchange messages anonymously; investors included Google Ventures, Kleiner Perkins Caufield & ByersIndex Ventures, Redpoint Ventures and Fuel Capital. Byttow said the company “still has a significant amount of invested capital” and that he believes the “right thing to do is return the money.”


Google Ventures leads $15 mln round in dig data company Rocana

Rocana Inc, a provider of IT operations analytics software, announced it has raised a $15 million Series B round of funding led by Google Ventures. General Catalyst Partners, which led the previous round, also participated, along with Toba Capital and Paul Sagan. The company, which was previously called Scaling Data, has now raised $19.4 million in total funding. As part of the Series B round of funding, Donald Fischer, venture partner at General Catalyst, will join the Rocana board of directors.


Clarifai nets $10 mln Series A

New York City-based Clarifai, a provider of image recognition technology, has raised an overall total of $10 million in Series A funding, the company announced in a blog post on its site. Union Square Ventures, Lux Capital and Osage University Partners led the round with participation from Google Ventures, Qualcomm Ventures, Nvidia Ventures, Corazon Capital, LDV Capital and New York University.



Recorded Future pulls in $12 mln Series D

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.



Shopping app Spring inks $25 mln Series B

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.


Redpoint Ventures leads $30 mln round for Duo Security

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.

CoreOS nets $12 mln in Google Ventures-led round

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.


Polaris leads Series C funding in CliQr

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.


ZenPayroll nabs $60 mln

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.

VC-backed Trada shuts down business

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.

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