Index Ventures closes eighth venture fund at $550 mln

By Iris Dorbian — 5 days ago

Index Ventures has raised $550 million for its eighth venture fund. The firm, which recently hired former Twitter CEO Dick Costolo as a venture partner, has promoted Shardul Shah to partner. Index focuses on backing “disruptive” startups in the U.S., Europe and Israel.

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Patreon rakes in $30 mln Series B

By Iris Dorbian — 3 weeks ago

Patreon, a patronage platform that supports artists, has raised $30 million in Series B funding. Thrive Capital led the round with participation from Allen and Company, Charles River Ventures, Index Ventures, Accomplice and Freestyle Capital.

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Big Switch Networks racks up $48.5 mln

By Iris Dorbian — 3 weeks ago

Santa Clara, California-based Big Switch Networks, a provider of hyperscale-inspired networking technologies to data centers, has raised $48.5 million in total funding. The investors included Morgenthaler Ventures, Silver Lake Waterman, Index Ventures, Khosla Ventures, Redpoint Ventures, Accton, CID Group and MSD Capital. In addition to the funding, Dan Warmenhoven, former CEO at NetApp and Gary Morgenthaler to Big Switch’s board of directors.

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ICONIQ leades $94.5 mln funding of Datadog

By Alastair Goldfisher — 4 weeks ago

New York-based Datadog, a provider of a monitoring service to track how applications run in the cloud, has raised $94.5 million in an oversubscribed Series D funding round of funding. ICONIQ Capital led the round, with participation from existing investors Index Ventures, OpenView Ventures, Amplify Partners, Contour Ventures and others. The company has now raised about $148 million in funding since it was founded in 2010.

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New Relic buys VC-backed Opsmatic

By Alastair Goldfisher — 3 months ago

New Relic announced it has acquired San Francisco-based Opsmatic, which provides a DevOps monitoring tool. Terms of the acquisition were not disclosed. Opsmatic has raised more than $3.25 million in seed-stage funding, according to data from Thomson Reuters. Investors include Detroit Venture Partners, Freestyle Capital, General Catalyst Partners, Illuminate Ventures, Index Ventures, Slow Ventures and others, according to CrunchBase. […]

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Viral video messaging app Dubsmash grabs $5.5 mln

By Iris Dorbian — 5 months ago

Berlin-based viral video messaging app Dubsmash has raised $5.5 million in Series A funding. Index Ventures led the round with participation from Lowercase Capital, ENIAC Ventures, Sunstone Capital, Raine Ventures and King Digital Entertainment CEO Riccardo Zacconi. In conjunction with the funding, Danny Rimer of Index Ventures has been added to Dubsmash’s board.

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