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.


Boston startup HourlyNerd snaps up $7.8 mln

Boston-based HourlyNerd, an online marketplace for freelance business talent, has secured $7.8 million in Series B funding. Highland Capital Partners led the round with participation from other investors that included GE Ventures, Greylock Partners and Suffolk Equity Partners.


VC-backed Adaptive Insights appoints new CEO

Adaptive Insights has named Thomas F. Bogan as CEO. Bogan is the former president and COO of Rational Software. He is also a former partner at Greylock Partners. Headquartered in Palo Alto, Calif., Adaptive Insights is a provider of cloud corporate performance management and business intelligence. Adaptive Insights’ backers include ONSET Ventures, Norwest Venture Partners, Information Venture Partners, Bessemer Venture Partners, Cardinal Venture Capital and Monitor Ventures.

Newly independent 83North raises $200 mln venture fund

83North, formerly called Greylock IL and an affiliate of Greylock Partners, has raised a $200 million fund to invest in all stages of consumer and enterprise technology companies led by European and Israeli entrepreneurs. The fund is 83North’s third raised in eight years, bringing total capital under management to $550 million. 83North got its start as Greylock IL, but is now an independent firm led by partners Laurel Bowden, Arnon Dinur, Erez Ofer and Yoram Snir.


Truly Wireless rings up $1.4 mln seed

San Francisco and New York-based business voice platform Truly Wireless has received $1.4 million in seed funding. The investors included Index Ventures, Greylock Partners, Boldstart Ventures and Eniac Ventures.


Automated investment service Wealthfront rakes in $64 mln

Wealthfront has closed $64 million in financing. Jeremy Philips of Spark Capital Growth led the round with participation from Dragoneer Investment Group, Index Ventures, DAG Ventures, Greylock Partners, Ribbit Capital and the Social+Capital Partnership. Based in Palo Alto, Calif., Wealthfront is an automated investment service.


Sales engagement platform ClearSlide snags $50 mln

San Francisco-based sales engagement platform ClearSlide has received $50 million in funding. The Social+Capital Partnership led the round with participation from all return backers including Greylock Partners and Bessemer Venture Partners. Also, the firm has hired Dustin Grosse as chief operating officer. Previously, Grosse worked at DocuSign where he served as senior vice president and chief marketing officer.


EatWith raises $8 mln Series A led by Greylock Partners

EatWith has secured an $8 million Series A financing round led by Greylock Partners with participation from previous investor Genesis Partners and individual angels. EatWith combines the social nature of eating out with the comfort of a home-cooked meal.


VC-backed Okta names CMO

Okta has hired Andrew Wittman as chief marketing officer. Prior to joining Okta, Wittman worked at CA Technologies. Based in San Francisco, Okta is an identity management service. It is backed by Andreessen Horowitz, Greylock Partners, Khosla Ventures and Sequoia Capital.


AppDynamics secures $120 mln growth funds

AppDynamics has secured $120 million in growth financing led by new investors Battery Ventures, ClearBridge Investments and Sands Capital. Existing investors Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners also participated in the round. The $120 million includes $50 million in debt financing provided by Silicon Valley Bank. AppDynamics is an application intelligence provider.


Twitter buys VC-backed CardSpring

Twitter has acquired CardSpring, the latter confirmed in a post on its site. No financial terms were disclosed. Based in San Francisco, CardSpring is a payments infrastructure firm. CardSpring’s backers included Accel Partners, Greylock Partners, Morado Venture Partners, SV Angel, Data Collective, Felicis Ventures and the Webb Investment Network. To read the announcement , visit here.


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.


Ad tech startup Tell Apart buys VC-backed Freshplum

Ad tech firm Tell Apart has acquired Freshplum, the former confirmed in a blog post on its site. No financial terms were disclosed. Based in San Francisco, Freshplum lets ecommerce sites offer personalized discounts. Its backers included New Enterprise Associates, Greylock Partners, Google Ventures and Charles River Ventures. To read more details about the acquisition, visit here.


Bitcoin wallet startup Xapo picks up $20 mln

Xapo, a bitcoin wallet startup in Palo Alto, Calif., has secured $20 million in Series A-1 funding, the company announced in a blog post on its site. Greylock Partners and Index Ventures led the round with participation from other investors that included Emergence Capital Partners, Max Levchin, co-founder of PayPal, and Jerry Yang, founding partner of AME Cloud Ventures and co-founder of Yahoo!. In addition to the funding, Reid Hoffman and Mike Volpi have been added as Xapo’s board observers. To read further details about the funding, visit here.


DCM leads Series B round for Matterport

Matterport said Monday that it has closed $16 million in Series B financing. DCM Ventures led the round with participation from AME Cloud Ventures. Other investors include Lux Capital, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, Qualcomm Ventures and Rothenberg Ventures. Based in Mountain View, Calif., Matterport develops cloud-based 3D models of interior spaces.

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