Agilene pulls in $4.3 mln

Mount Laurel, New Jersey-based Agilence, a provider of next-generation exception reporting solutions for retail loss prevention and operations, has raised $4.3 million in funding. Laurel Capital Partners led the round with participation from Drayton Park Capital, Granite Ventures, Next Stage Capital and Aster Capital.


Fastback Networks pulls in $15 mln Series C

San Jose, California-based infrastructure firm Fastback Networks has received $15 million in Series C funding. Harmony Partners led the round with participation from return backers Foundation Capital, Granite Ventures, Juniper Networks and Matrix Partners.


Anaplan raises $100 mln Series D led by DFJ Growth

Planning platform business Anaplan has completed a Series D round of $100 million in financing, bringing total investment in the company to $150 million. The round was led by DFJ Growth with participation from Brookside Capital, Coatue Management, Sands Capital Management, and Workday and Anaplan’s current investors, Granite Ventures, Meritech Capital Partners,, and Shasta Ventures.

RGB partners with Conax

RGB Networks, a provider of scalable multiscreen IP video delivery solutions, has today announced its new partnership with Conax, a provider of solutions for securing multi-device and digital video content distribution. RGB Networks is backed by Accel Partners, Comcast Interactive, Focus Ventures, Granite Ventures, Institutional Venture Partners, Kleiner Perkins Caufield and Byers, and Mitsui & Co. Venture Partners.

Martini Media Appoints Chief Tech Officer and VP Eastern Sales

Digital media and content platform Martini Media has appointed Gagan Saksena as chief technology officer. Additionally, the company has hired Scott Graham as VP of Eastern sales. Headquartered in San Francisco, Martini Media is backed by Venrock, Reed Elsevier Ventures, Silicon Valley Bank and Granite Ventures.

Rewarder Launches and Closes Series A

Social marketplace Rewarder has announced its public launch after an initial phase of private beta testing. The business has also has closed a $7 million Series A funding round led by Granite Ventures and Radar Partners, which also includes leading angels such as Ron Conway, David Lee, and Kenny Lerer.

Aspen Avionics Closes Funding Round

Aspen Avionics has closed a $12.8 million round of financing. All of Aspen’s previous investors, including Granite Ventures, Sun Mountain Capital, Signal Peak Ventures, EPIC Ventures, Fort Washington Capital Partners and New Mexico Community Capital participated.

Pelican Imaging Hires President, CEO and VP Engineering

Pelican Imaging Corporation, a venture-backed computational imaging business, has appointed a new top executive and new vice president of engineering. Christopher Pickett will serve as Pelican Imaging’s president and CEO, while Purnam Sheth will take on the role of vice president of engineering.

YottaMark Raises $24M From Westbury, Fairhaven, ATA, Thomvest, Granite

YottaMark Inc. said it raised $24 million in a Series D round led by Westbury Partners and joined by new investor Fairhaven Capital. Existing investors ATA Ventures, Thomvest Ventures and Granite Ventures participated. The company has now raised $53 million. PRESS RELEASE YottaMark Receives $24 Million in Funding for Leading Food Traceability Solution New investment […]

Anaplan Closes on $11.4M

Anaplan, a developer of planning and enterprise performance applications, has added $11.4 million in fresh capital. New investors Granite Ventures and Shasta Ventures contributed to the Series B round, as did existing backers. Standish O’Grady, a managing director of Granite Ventures, and Ravi Mohan, a managing director of Shasta Ventures, join the company’s board. San Francisco-based Anaplan was formed in 2008 and has raised a total of $17.5 million.

Symplified Seals $20M Series C

Ignition Partners led a $20 million Series C round for cloud identity technology company Symplified. As a result, Cameron Myhrvold of Ignition Partners has joined its board of directors. Existing investors Allegis Capital, Granite Ventures and Quest Software also participated in the financing, which brings the company’s total funding to $38.8 million.

Longhai Steel Forms New Board

Longhai Steel, a producer of high quality steel wire products in the People’s Republic of China, has formed a new board of directors. Steven Ross, managing director of MTN Capital Partners; Dr. Michael Grieves; Jeff Cooke, president and CEO at Granite Ventures and Marshall Toplansky have been appointed to fill vacancies on Longhai’s Board, effective […]

Martini Media Inks $13M

Granite Ventures is leading a $13 million round for online ad network Martini Media, the company announced Wednesday. Reed Elsevier Ventures, Silicon Valley Bank and Venrock are also contributing to the round, which will go toward commercializing its analytics and products. San Francisco-based Martini Media’s platform is designed to target affluent consumers.

Smule Calls Up $12M in Fresh Capital

Music app maker Smule Inc. has raised $12 million in new venture financing, according to a regulatory filing. The company, based in Palo Alto, Calif., is behind music apps including “I am T-Pain” and “Glee Karaoke.” Smule is backed by investors including Shasta Ventures, Granite Ventures and Bessemer Ventures. The company’s board includes Granite Ventures’ Christopher Hollenbeck, Bessemer’s David Cowan and Shasta Ventures’ Jason Pressman.

Adobe Buys VC-backed Auditude

Adobe Systems Inc. has acquired video ad management and monetization technology maker Auditude Inc. Terms of the deal were not released, though media reports have put the sale price at around $100 million. Palo Alto, Calif.-based Auditude had raised venture financing from investors including Granite Ventures, Silicon Valley Bank, Greylock Partners and Redpoint Ventures.

PE HUB Community

Join the 12514 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget