157 Views

Bauer Venture Partners leads funding round for Navabi

Germany-based plus-size women’s online apparel retailer Navabi has received 25 million euros in funding. Bauer Venture Partners led the round with participation from return backers that included Index Ventures, Seventure Partners, DuMont Venture and Klaus Wecken.

357 Views

Business analytics provider Interana raises $20 mln led by Index

Interana, a provider of metrics for businesses to see how customers behave and products are used announced it has raised $20 million in Series B funding. Index Ventures led the round, with participation from new investors AME Cloud Ventures and individuals Harris Barton (an angel investor and former San Francisco 49ers lineman) and Mike Olson (chief strategy officer at Cloudera). Existing investors also participated in the round, such as Battery Ventures, Data Collective and Fuel Capital. Menlo Park, Calif.-based Interana has now raised $28.2 million in total funding. As part of the Series B, Mike Volpi, general partner at Index Ventures, has joined the Interana board.

Andreessen Horowitz backs Stack Exchange

Stack Exchange, a network of question and answer websites, has secured $40 million in funding, the company announced in a blog post on its site. The bulk of that funding comes mostly from Andreessen Horowitz. In addition to the funding, the venture firm’s Chris Dixon will be joining Stack Exchange’s board of directors as an observer. Previous backers of Stack Exchange are Union Square Ventures, Index Ventures, Spark Capital and Bezos Expeditions. To read the announcement, visit here.

 

134 Views

Meal replacement startup Soylent cooks up $20 mln

Meal replacement startup Soylent has raised $20 million in Series A funding, it was announced on the company’s blog. Andreessen Horowitz led the round with participation from other investors that included Lerer Ventures and Index Ventures. In addition to the funding, Chris Dixon, general partner at Andreessen Horowitz, has been added to Soylent’s board. To read the post, visit here.

 

Merck acquires VC-backed OncoEthix

Merck has bought Swiss-based OncoEthix, a biotech firm that focuses on developing cancer drugs. The acquisition is being made with an upfront payment of up to $110 million. OncoEthix’s backers included Index Ventures, SV Life Sciences, Endeavour Vision and Edmond de Rothschild Investment Partners.

162 Views

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.

144 Views

Mike Cahill rejoins VC-backed Boku as CTO

Boku has hired Mike Cahill as chief technology officer. Previously, Cahill worked at American Express where he was vice president of mobile engineering. And, prior to that, Cahill was Boku’s vice president of engineering. Based in San Francisco, Boku is a carrier billing-based mobile payment company. It is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.

NEA leads Series B1 round for Nginx

Nginx, a San Francisco-based open source web server developer, has closed $20 million in Series B1 round funding. New Enterprise Associates led the round with participation from other investors that included e.ventures, Runa Capital, Index Ventures and Nginx CEO Gus Robertson.

188 Views

VC-backed Boku names Mopay co-founders CBO and CFO

Boku has hired Ingo Lippert as chief business officer and Christian Hinrichs as chief financial officer. Both Lippert and Hinrichs are co-founders of Mopay. Based in San Francisco, Boku is a carrier billing-based mobile payment company. It is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.

160 Views

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.

664 Views

Celgene Corp. invests in biotech firm Sequenta

South San Francisco-base biotech firm Sequenta has received undisclosed funding from Celgene Corp. and various unnamed investors. Sequena is also backed by Foresite Capital Management, Mohr Davidow Ventures and Index Ventures.

116 Views

VC-backed Boku buys Mopay

Boku has acquired rival Germany-based Mopay, a payment solutions provider for online merchants. No financial terms were disclosed. Boku is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.

538 Views

Fundrise racks up $38 mln Series A

Washington, D.C.-based real estate crowdfunding platform Fundrise has received additional Series A funding, raising the total round to $38 million. The new investors include Guggenheim Partners and Terrence Rohan of Index Ventures.

181 Views

Index Ventures, Jared Leto and Snoop Dogg back Robinhood

Retail brokerage platform Robinhood has raised $13 million in Series A funding, the company announced in a blog post on its site. Index Ventures led the round with participation from other investors that include Ribbit Capital, Aaron Levie, founder of Box, Jared Leto, Snoop Dogg and Nasir Jones of QueensBridge Venture Partners. In addition to the funding, Jan Hammer will join the company’s board of directors. To read more about the funding, visit here.

232 Views

Lehigh Technologies nabs $8 mln

Lehigh Technologies said Wednesday that it has raised $8 million in funding. The investors included JSR Corp, Leaf Clean Energy, Kleiner, Perkins, Caufield and Byers, Index Ventures and Florida Gulfshore Capital. Based in Atlanta, Lehigh Technologies is a maker of green materials.

PE HUB Community

Join the 12515 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