414 Views

VMTurbo grabs $50 mln in ICONIQ-led round

Boston-based VMTurbo, an intelligent workload management solutions provider, has received $50 million in Series D funding. ICONIQ Capital led the round with participation from previous backers Bain Capital, Globespan Capital Partners and Highland Capital Partners.

301 Views

Rent the Runway walks away with $60 mln Series D

Rent the Runway, which provides rentals of designer clothes, has raised $60 million in Series D funding. Technology Crossover Ventures led the round with participation from Bain Capital Ventures, Highland Capital Partners and Condé Nast parent company Advance Publications. In addition to the financing, Daniel O’Keefe, a general partner at TCV, has been appointed to Rent the Runway’s board.

322 Views

Shift inks $23.75 mln Series A

Shift has secured $23.75 million in Series A financing. Emily Melton at DFJ and Manish Patel at Highland Capital Partners led the round with participation from other investors that included SV Angel and Great Oaks VC. Both Melton and Patel will be joining Shift’s board. Based in San Francisco, Shift is a platform that connects car buyers and sellers.

153 Views

Scopely garners $35 mln

Mobile entertainment network Scopely has secured $35 million in Series A financing. Evolution Media Partners and Highland Capital Partners led the round. Other investors were Knoll Ventures, Greycroft, The Chernin Group, Sands Capital Ventures and Double M Capital. In addition to the funding, Rick Hess of Evolution and Andy Hunt of Highland Capital Partners have been added to Scopely’s board of directors.

240 Views

Bitnet scores $14.5 mln Series A

Bitnet Technologies, a digital commerce platform provider for bitcoin payments, has raised $14.5 million in Series A funding. Highland Capital Partners led the round. Other investors included Rakuten, Webb Investment Network, Bitcoin Opportunity Corp., Stephens Investment Management, Commerce Ventures and Buchanan Capital Management. In addition to the funding, Peter Bell, a partner at Highland Capital Partners, has been added to Bitnet’s board of directors.

143 Views

VC-backed pet insurance firm Trupanion debuts IPO

Trupanion has launched its IPO after pricing its 7.125 million shares at $10 per share. The stock began trading Friday on the NYSE under the ticker symbol “TRUP.” RBC Capital Markets, Barclays and Stifel are the lead underwriters. Based in Seattle, Trupanion is a pet insurance provider. It is backed by Maveron and Highland Capital Partners.

121 Views

Highland Capital backs Malwarebytes

Malwarebytes said Thursday that it has closed $30 million in Series A funding from Highland Capital Partners. Rupert Cook of Realise Capital Partners advised Malwarebytes on the transaction. Based in Calif., Malwarebytes is a provider of solutions that protect consumers and businesses from advanced online threats.

PE-backed Imprivata raises $75 mln for IPO

Imprivata has rolled out its IPO after pricing its 5 million shares at $15 per share. The stock began trading Wednesday on the NYSE under the ticker symbol “IMPR.” JP Morgan and Piper Jaffray are the lead underwriters. Headquartered in Lexington, Mass., Imprivata is a provider of authentication and access management solutions for the healthcare sector. Its backers include General Catalyst Partners, Highland Capital Partners and Polaris Partners.

201 Views

VC-backed pet insurance firm Trupanion files for IPO

Trupanion has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. RBC Capital Markets, Barclays and Stifel will serve as the lead underwriters. Based in Seattle, Trupanion is a pet insurance provider. It is backed by Maveron and Highland Capital Partners.

143 Views

Revolution Growth leads Series B round for Handybook

Handybook, a New York City-based on-demand home cleaning and repair service, said Wednesday that it has raised $30 million in Series B funding. Revolution Growth led the round with participation from previous backers Highland Capital Partners and General Catalyst Partners. According to the firm, the capital will be used for personnel hiring and product building.

113 Views

VC-backed 2U rolls out IPO

2U has launched its IPO of 9.175 million shares after pricing it at $13 per share. The stock began trading Friday on the NASDAQ under the ticker symbol “TWOU.” Goldman Sachs and Credit Suisse Securities are the lead underwriters. 2U builds online learning platforms. Its backers include Highland Capital Partners, Redpoint Ventures, Bessemer Venture Partners, CIty Light Capital and Novak Biddle Venture Partners.

VC-backed Nebula hires SVP of engineering

Nebula has hired Herb Schneider as senior vice president of engineering. Schneider was the co-founder of GridIron and Extreme Networks. Based in Mountain View, Calif., Nebula is a private cloud company. Its backers include Kleiner Perkins Caufield & Byers, Comcast Ventures and Highland Capital Partners.

Violin Memory names Kevin DeNuccio CEO

Violin Memory‘s board of directors has appointed Kevin A. DeNuccio as president and chief executive officer, effective immediately. He has also been elected to the Violin Memory board of directors. DeNuccio, 54, succeeds Howard A. Bain III, who was serving as interim CEO. Bain will remain chairman of the Violin Memory board of directors.

BlueTarp Closes $15m Funding Round

BlueTarp Financial, a credit provider for the building supply industry, has closed a $15 million equity round led by new investor Long Ridge Equity Partners. BlueTarp’s existing investor group, including Highland Capital Partners, Flybridge Capital Partners, Village Ventures and Trinity Ventures also participated in the round.

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