IVP, Andreessen Horowitz, Magic Johnson and John Legend back Walker & Company

By Iris Dorbian — 4 months ago

Walker & Company Brands, a developer of products for people of color, has secured $24 million in Series B funding. Institutional Venture Partners led the round with participation from other investors that included Andreessen Horowitz, Upfront Ventures, Daher Capital, Collaborative Fund, Google Ventures, Felicis Ventures, Melo7 Tech Partners, Earvin “Magic” Johnson, John Legend and Ron Johnson. 

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IVP leads $50 mln funding of Compass

By Alastair Goldfisher — 5 months ago

New York-based Compass, a provider of a real estate platform to buy and sell homes, has raised a $50 million round of funding led by Institutional Venture Partners. Also taking part in the round are existing investors Thrive Capital, Founders Fund, 406 Ventures, Advance Publications and individuals Kenneth Chenault (CEO of American Express) and Marc Benioff (CEO of Salesforce.com). The company has now raised $123 million in total funding, including a $40 million Series B round in July 2014.

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Tanium racks up $120 mln

By Iris Dorbian — 5 months ago

Emeryville, California-based Tanium, a provider of security and systems management, has raised $120 million in funding. The investors included TPG, Institutional Venture Partners and funds and accounts advised by T. Rowe Price Associates Inc alongside previous backer Andreessen Horowitz.

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VC-backed Prosper Marketplace taps LinkedIn’s Barrile as chief product officer

By Iris Dorbian — 5 months ago

San Francisco-based Prosper Marketplace, the parent of Prosper Funding, an online marketplace for consumer credit, has hired Parker Barrile as chief product officer. Previously, Barrile worked at LinkedIn where he served as vice president of product management. Prosper Marketplace’s backers include Institutional Venture Partners, Phenomen Ventures, Sequoia Capital and BlackRock.

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Institutional Venture Partners leads $52 mln round for AlienVault

By Luisa Beltran — 6 months ago

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.

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The Honest Company grabs $100 mln Series D

By Iris Dorbian — 6 months ago

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.

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GitHub racks up $250 mln Series B

By Iris Dorbian — 6 months ago

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.

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Whipclip raises $40 mln from Eminence, IVP, Raine

By Mark Boslet — 7 months ago

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.

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VC-backed ThreatStream appoints Bush as CFO

By Iris Dorbian — 7 months ago

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.

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

By Iris Dorbian — 8 months ago

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.

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VC-backed AppDynamics names Scott to board

By Iris Dorbian — 8 months ago

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.

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VC-backed HomeAway invests in Turkish vacation rental site Flat4Day

By Iris Dorbian — 8 months ago

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.

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App Annie buys VC-backed Mobidia

By Iris Dorbian — 9 months ago

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.

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IVP adds Loverro

By Alastair Goldfisher — 9 months ago

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.

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