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.

230 Views

Mithril Capital leads $19 mln Series D funding round in DoubleDutch

Mithril Capital Management has led a $19 million Series D funding round in DoubleDutch, a mobile app event company. Existing investors Bessemer Venture Partners, Index Ventures and Bullpen Capital also participated in the round, along with Singapore-based Enspire Capital. Ajay Royan, co-founder and managing general partner of Mithril, is joining the DoubleDutch board.

227 Views

Mobile security company Lookout pulls in $150 million

San Francisco-based mobile security firm Lookout has closed $150 million in funding. T. Rowe Price Associates-managed funds led the round with participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz. Allen & Company served as financial advisor on this transaction.

149 Views

Music app Crossfader racks up VC funding

Music app Crossfader has received an undisclosed amount of funding. The investors included Tapinator, Google Ventures, Kleiner Perkins Caufield & Byers, Index Ventures, and True Ventures.

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