215 Views

VC-backed ClearStory Data hires Yahoo’s Howes as CTO

Menlo Park, California-based data intelligence solutions provider ClearStory Data has named Dr. Timothy A. Howes as its chief technology officer. Previously, Howes worked at Yahoo where he served as vice president of engineering. ClearStory Data is backed by Andreessen Horowitz, DAG Ventures, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers.

Minaee joins Guardiant Health

Guardant Health said Thursday that it hired Mort Minaee as VP of Regulatory Affairs. Most recently, Minaee was the Senior Director of Regulatory Affairs at Roche-Ventana Medical Systems. Redwood City, California-based Guardant Health, a cancer testing provider, has raised $100 million in VC funding. Investors include Lightspeed Venture Partners, Formation8, Khosla Ventures and Sequoia Capital.

269 Views

Spark Capital Growth leads $275 mln round for Affirm

San Francisco-based financial tech company Affirm has secured $275 million in funding. Spark Capital Growth led round with participation from Jefferies, Andreessen Horowitz, Khosla Ventures and Lightspeed Venture Partners. Affirm was co-founded by Max Levchin, who currently serves as CEO and is a co-founder of PayPal.

219 Views

MyTime racks up $9.25 mln Series B

San Francisco-based MyTime, an app that lets users book appointments, has secured $9.25 million in Series B funding. Upfront Ventures led the round with participation from other investors that included Khosla Ventures, Daher Capital, Accelerator Ventures and Westfield Corporation.

160 Views

Qualcomm Ventures leads $22 mln investment in Tapingo

San Francisco-based Tapingo today announced it has raised a $22 million round of funding led by Qualcomm Incorporated, through its investment arm Qualcomm Ventures. DCM Ventures, Kinzon Capital and existing investors Khosla Ventures and Carmel Ventures also participated in the round. The company, which provides a mobile shopping platform that’s targeted to college students, has now raised $36 million in total funding, including a $10.5 million Series B round last year.

VC-backed Metamarkets adds Payne to board

Metamarkets, a provider of programmatic marketing analytics, has named Jim Payne to its board of directors. Payne is the founder and former CEO of MoPub, a mobile ad exchange that was acquired by Twitter. Metamarkets is backed by Data Collective, Khosla Ventures, Village Ventures, IA Ventures and True Ventures.

143 Views

KPCB leads Series B round for DoorDash

On-demand delivery company DoorDash has secured $40 million in Series B funding, it was announced in a blog post. Kleiner Perkins Caufield & Byers led the round with participation from return backers Sequoia Capital, Khosla Ventures and Charles River Ventures. In conjunction with the funding, John Doerr of KPCB has been added to the company’s board. To read more about the funding, visit here.

 

155 Views

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.

128 Views

General Catalyst leads Series B round for Fundbox

San Francisco-based Fundbox, a cash flow optimization tool for small businesses, has received $40 million in Series B funding. General Catalyst Partners led the round with participation from other investors that included Khosla Ventures, Shlomo Kramer, Blumberg Capital and NyCa Investment Partners. Also, Hemant Taneja of General Catalyst has been added to Fundbox’s board of directors. In addition to the Series B financing, Fundbox has also received a new credit facility from Silicon Valley Bank and other unidentified institutions. No financial terms were disclosed.

195 Views

Digital cobbler Feetz snags $1.25 mln seed

Chattanooga, Tennessee-based digital cobbler Feetz has secured $1.25 million in seed funding. Khosla Ventures led the round with participation from other investors that included JumpFund and former Reebok CEO Uli Becker. In conjunction with the funding, Becker has been added to the Feetz board of directors.

Andreessen Horowitz GP Srinivasan to work full-time at bitcoin startup

Balaji Srinivasan, a general partner at Andreessen Horowitz, will be working full-time at bitcoin startup 21 Inc, which he co-founded. Srinivasan made the announcement in a blog post on the venture firm’s site. However, Srinivasan will remain part-time as a board partner at Andreessen Horowitz where he says he will continue to lead new investments, build the firm’s software team and help entrepreneurs. According to Crunchbase, 21 has just raised $116 million in funding. Investors in that round included Andreessen Horowitz, Peter Thiel, Qualcomm Ventures, Data Collective and Khosla Ventures. In December 2013, Marc Andressen announced on the firm’s site that Srinivasan was joining the firm. To read the post about Srinivasan working full-time at 21, visit here.

 

138 Views

GGV Capital and Khosla Ventures fund Opendoor

San Francisco-based Opendoor, an online home-selling service, has secured $20 million in funding. GGV Capital led the round with participation from Khosla Ventures. In conjunction with the funding, Glenn Solomon, a managing partner at GGV Capital, has been added to Opendoor’s board of directors.

Data Collective leads $15 mln round for Metamarkets

Metamarkets, a real-time analytics platform for the digital advertising space, has secured $15 million in funding. Data Collective led the round with participation from other investors that included Khosla Ventures, IA Ventures, True Ventures and Village Ventures.

280 Views

VC-backed semiconductor company Easic files for IPO

Santa Clara, California-based semiconductor company Easic Corp has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The company plans on listing the IPO on the NASDAQ under the ticker symbol “EASI.” Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc will serve as the lead underwriters. Easic’s backers include Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners.

177 Views

Guardant Health scores about $50 mln Series C

Redwood City, California-based Guardant Health, a cancer testing provider, has closed about $50 million in Series C funding. Lightspeed Venture Partners led the round with participation from Formation 8 and previous backers Khosla Ventures and Sequoia Capital.

158 Views

Iora Health picks up $28 mln

Cambridge, Massachusetts-based healthcare firm Iora Health has raised $28 million in Series C funding. The investors included Foundation Medical Partners, Rice Management Company, GE Ventures, Khosla Ventures, .406 Ventures, Fidelity Biosciences and Polaris Partners.

318 Views

VC-backed MemSQL appoints Held as executive chairman

San Francisco-based MemSQL, a provider of big data analytics, has named Jerry Held as executive chairman. Held is a chairman of Tamr. MemSQL’s backers include Accel Partners, Khosla Ventures, First Round Capital, Data Collective and In-Q-Tel.

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