IVP leads Series A funding of Woven Digital; investors include 49ers and former Warriors

Digital media company Woven Digital — which publishes entertainment sites, including the millennial-targeted UPROXX and Brobible brands — announced it has raised $18 million in a Series A round that was led by Institutional Venture Partners. Also participating in the round are Advancit CapitalSan Francisco 49ersUnited Talent Agency; senior partners from the entertainment law firm Ziffren Brittenhanm LLP; MySpace and SGN co-founder Chris DeWolfe; Buddy Media co-founder Mike Lazerow; and former NBA players Baron Davis and Jermaine O’Neal. As part of the funding announcement, IVP Principal Somesh Dash has joined the Woven board.

VC-backed ThreatStream expands team with two hires

Redwood City, Calif.-based ThreatStream, a cyber security threat intelligence platform provider, has hired Rick Wescott as vice president of worldwide sales and W. Todd Helfrich as director of federal sales. Previously, Wescott worked at ArcSight where he served as vice president and general manager of public sector sales while Helfrich was at HP. ThreatStream’s backers include General Catalyst Partners, Institutional Venture Partners, Google Ventures and Paladin Capital Group.


VC-backed Zenefits taps Yammer founder Sacks as COO

San Francisco-based human resources platform Zenefits has named David Sacks as its first chief operating officer. He will also join the company’s board of directors. Sacks was the founding CEO of Yammer and and a former COO at PayPal. Zenefits backers include Andreessen Horowitz, Institutional Venture Partners and Oscar-winning actor Jared Leto.


ThreatStream raises $22 mln

ThreatStream said Thursday it raised $22 million in series B funding led by General Catalyst Partners. New investors Institutional Venture Partners and previous investors Google Ventures and Paladin Capital Group also participated. Redwood City, Calif.-based ThreatStream offers a SaaS-based cyber security threat intelligence platform.


Whipclip raises $20 mln from IVP, Greycroft, Raine, others

Whipclip has raised $20 million from investors including Institutional Venture Partners, Greycroft Partners, Raine Ventures, William Morris Endeavor, Ziffren Brittenhanm and individuals Peter Guber, Steve Bornstein, Gordon Crawford, Thom Weisel, Scooter Braun and Ron Zuckerman, according to a source close to the deal.

VC-backed Voxer names engineering VP

San Francisco-based Voxer, a provider of push-to-talk and multimedia messaging, has hired Paul Reilly as vice president of engineering. Previously, Reilly worked at Memeo where he served as vice president of engineering. Its backers include Institutional Venture Partners, Intel Capital, SV Angel and CrunchFund.


Inspirato snags $20 mln

Destination club Inspirato said Wednesday that it has closed $20 million in funding. The investors were W Capital Partners, Institutional Venture Partners and Millennium Technology Value Partners.


Inspirato raises $20 mln growth financing

Destination club Inspirato has secured $20 million in growth financing from new investor W Capital Partners and existing investors Institutional Venture Partners and Millennium Technology Value Partners. To date, Inspirato has raised approximately $70 million in equity financing.


IVP leads $50 mln funding of xAd

Institutional Venture Partners has led a $50 million equity and debt funding round for xAd, which helps target mobile advertising using location data. Existing investors Emergence Capital Partners, Softbank Capital and Silicon Valley Bank also participated in the round. The New York-based company had previously raised about $22 million in funding, according to data from Thomson Reuters (publisher of peHUB). As part of the latest funding round, Dennis Phelps, a general partner at IVP, has joined the board.


Digital Garage leads $15 mln Series D funding in Wikia

Digital Garage has led a $15 million Series D funding round in Wikia, the online platform for fans of popular culture. Other participants in the funding round include existing investors Amazon, Bessemer Venture Partners and Institutional Venture Partners.

Jessica Alba by Mario Anzuoni for Reuters

The Honest Company raises $70 mln

The Honest Company, which was co-founded by the actress Jessica Alba and which sells eco-friendly natural, non-toxic products online, has raised $70 million in a round led by funds associated with Wellington Management Company.


IVP leads funding of ZipRecruiter

The online job board site ZipRecruiter announced it has raised a $63 million Series A round of funding round led by Institutional Venture Partners. Basepoint Ventures and Industry Ventures also participated in the funding. A part of the round, Eric Liaw, a principal at IVP, has joined the board.

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