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.


KPCB leads Series C round for Ayasdi

Menlo Park, California-based Ayasdi, a provider of machine intelligence software, has secured $55 million in Series C funding. Kleiner Perkins Caufield & Byers led the round with participation from Institutional Venture Partners, Khosla Ventures, FLOODGATE, Citi Ventures, Centerview Capital Technology and Draper Nexus.


IVP prepares to close its 15th fund, Fogelsong to scale back part-time–VCJ

Institutional Venture Partners plans to hold a first and final close for its 15th flagship fund on April 21, according to a GCM Grosvenor Private Markets report included in Los Angeles County Employees Retirement Association meeting materials. The firm set a $1.2 billion target and $1.4 billion hard cap on Institutional Venture Partners Fund XV.


Dataminr scores $130 mln

Dataminr, a  real-time information discovery company, has secured $130 million in funding. Fidelity Management & Research Company led the round with participation from other investors that included Wellington Management Company LLP, Credit Suisse NEXT Investors, Venrock and Institutional Venture Partners.


Pindrop Security scores $35 mln Series B

Atlanta-based Pindrop Security, a provider of phone fraud prevention and call center authentication solutions, has closed $35 million in Series B financing. Institutional Venture Partners led the round with participation from return backers Andreessen Horowitz, Citi Ventures, Felicis Ventures, Redpoint Ventures and Webb Investment Network. In conjunction with the funding, Somesh Dash, a general partner at IVP, will join Pindrop Security’s board of directors.


Alternative lender SoFi snags $200 mln Series D

Alternative lender Social Finance Inc has raised $200 million in Series D funding. Third Point Ventures led the round with participation from other investors that included Wellington Management Company LLP and Institutional Venture Partners. Goldman Sachs was the placement agent.


App Annie raises $55 mln from IVP, Sequoia, Greycroft, IDG

App Annie said it raised an oversubscribed Series D round of $55 million led by Institutional Venture Partners and joined by existing investors Sequoia Capital, Greycroft Partners and IDG Capital Partners. The app analytics company also launched Usage Intelligence, a mobile focused product generating usage data, such as active users, time spent and retention. The company, which tripled its revenue in 2014, has now raised $94 million. IVP General Partner Eric Liaw will join the board.


IVP promotes Dash, Liaw to general partners

Institutional Venture Partners has promoted Somesh Dash and Eric Liaw to general partners. They join Todd Chaffee, Norm Fogelsong, Steve Harrick, Jules Maltz, Sandy Miller and Dennis Phelps as general partners. Dash joined IVP in 2005 and focuses primarily on later-stage investments in Internet, software, mobile and technology-enabled services. He led the firms’s investments in Business Insider, Klout, Pure Storage, SoundCloud and Woven. Liaw joined in 2011 and focuses on working with growth companies across sectors like enterprise software, Internet and mobile.


VC-backed small biz lender OnDeck debuts IPO

New York City-based small business lender OnDeck has raised $200 million for its IPO after pricing its 10 million shares at $20 per share. The stock began trading Wednesday on the NYSE under the ticker symbol “ONDK.”


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.

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