Institutional Venture Partners leads $52 mln round for AlienVault

AlienVault said Wednesday that it raised $52 million in a Series E funding round led by Institutional Venture Partners. Existing investors, including Trident CapitalKleiner Perkins Caufield & Byers and GGV Capital, also participated. San Mateo, California-based AlienVault provides unified security management and actionable threat intelligence.


Cyber security company AlienVault raises $52 mln in late-stage funding

San Mateo, Calif.-based AlienVault, a provider of threat management and other cyber security services, announced it has raised $52 million in Series E funding led by new investor Institutional Venture Partners. Existing investors Trident Capital, Kleiner Perkins Caufield & Byers and GGV Capital also participated in the round. The company, founded in 2007, has now raised $116 million in total funding. As part of the latest round, Steve Harrick, general partner at IVP, has joined the board.


The Honest Company grabs $100 mln Series D

Santa Monica, California-based The Honest Company, which sells sell natural, non-toxic products and was co-founded by actress Jessica Alba, has raised $100 million in Series D funding. Glade Brook Capital Partners LLC led the round with participation from AllianceBernstein LP, Fidelity Management & Research Company, Wellington Management Company LLP and Institutional Venture Partners. Goldman Sachs served as placement agent.


GitHub racks up $250 mln Series B

San Francisco-based GitHub, a social network for programmers, has raised $250 million in Series B funding, confirmed a spokesperson for the company. Sequoia Capital led the round with participation from Andreessen Horowitz, Thrive Capital and Institutional Venture Partners.


Whipclip raises $40 mln from Eminence, IVP, Raine

Whipclip said it has raised more than $40 million in an initial close on a Series C deal led by Eminence Capital and joined by existing investors Institutional Venture Partners and Raine Ventures. The company allows consumers to share video clips from television shows and music videos.

VC-backed ThreatStream appoints Bush as CFO

Redwood City, California-based ThreatStream, a cyber security threat intelligence platform provider, has named Nancy Bush as chief financial officer. Previously, Bush worked at Adaptive Insights where she served as vice president of finance. ThreatStream’s backers include General Catalyst Partners, Institutional Venture Partners, Google Ventures and Paladin Capital Group.


IVP, Leonardo DiCaprio, Adam Levine and others back sleep startup Casper

New York City-based mattress maker Casper has raised $55 million in Series B funding. Institutional Venture Partners led the round with participation from other investors that included Leonardo DiCaprio, Tobey Maguire, Adam Levine, Scooter Braun, Pritzker Group Venture Capital, New Enterprise Associates, Lerer Hippeau Ventures and Norwest Venture Partners. In conjunction with the funding, Dennis Phelps of IVP has been named a board observer.

VC-backed AppDynamics names Scott to board

Application intelligence provider AppDynamics has added David Scott to its board. Scott was a senior vice president and general manager of HP‘s global storage business. He is also the former president and CEO of 3PAR. AppDynamics’ backers include Battery Ventures, ClearBridge Investments, Sands Capital, Greylock Partners, Lightspeed Venture Partners, Kleiner Perkins Caufield & Byers and Institutional Venture Partners.


Snapchat raises another $537.6 mln

Snapchat has raised another $537.6 million since February, according to an SEC filing. The video messaging app has its sight set on raising another $112.4 million.

SumoLogic photo.low res

DFJ Growth leads investment in Sumo Logic

Sumo Logic, a provider of a data analytics platform, announced it has raised $80 million in a late-stage round led by DFJ Growth. New investor Institutional Venture Partners also participated in the funding, which included existing investors Greylock Partners, Sequoia Capital, Sutter Hill Ventures and Accel Partners. The Redwood City, Calif.-based company has now raised $160.5 million in total funding.


VC-backed HomeAway invests in Turkish vacation rental site Flat4Day

HomeAway Inc, a Austin, Texas-based online marketplace for vacation rentals, has acquired a minority stake in Flat4Day for $2 million. Based in Turkey, Flat4Day is a vacation rental website. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.

App Annie buys VC-backed Mobidia

According to a blog post on its site, App Annie has acquired Canadian mobile measurement company Mobidia. No financial terms were disclosed. App Annie’s backers include Institutional Venture Partners, Sequoia Capital, Greycroft Partners and IDG Capital Partners while Mobidia’s backers include BDC Venture Capital, British Columbia Discovery Fund and B.C. Advantage Funds. To read the announcement, visit here.


IVP adds Loverro

Thomas Loverro, who previously was a principal at RRE Ventures, has joined Institutional Venture Partners as a vice president. At IVP, which recently closed its largest ever fund at $1.4 billion, Loverro will focus on later-stage, high-growth consumer and enterprise companies. At RRE, Loverro worked on such investments as Avant, Base, CollectiveHealth, CoverHound, OnDeck and Trumaker, among others.


Xplore closes buy of VC-backed Motion Computing

Xplore Technologies Corp. has completed its previously announced acquisition of substantially all of the assets of Austin, Texas-based Motion Computing Inc, a maker of rugged tablet PCs. The value of the transaction is about $9 million, which includes $7 million in net liabilities. Motion Computing’s backers included New Enterprise Associates, Institutional Venture Partners and G-51 Capital.


IVP leads Series B funding of new video service Vessel

Institutional Venture Partners has led a $57.5 million Series B funding round in Vessel, a new video service that launched in recent weeks. Vessel’s current investors Benchmark Capital, Greylock Partners and Bezos Expeditions all participated in the round. The San Francisco-based company, co-founded by former Hulu executives Jason Kilar and Richard Tom, previously raised $75 million in funding.


IVP adds two to its investment team

Institutional Venture Partners announced two new additions to its investment team. Roseanne Wincek joins IVP as a vice president and will focus on investing in later-stage, high-growth consumer and enterprise companies. She previously was a principal at Canaan Partners. Also, Alexander Lim joins IVP as an associate and will focus on identifying and evaluating later-stage enterprise software, Internet and mobile investments. Prior to IVP, Lim worked at Credit Suisse.

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