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Instacart snags $220 mln Series C

Instacart, an on-demand grocery service, has raised $220 million in Series C funding. Kleiner Perkins Caufield & Byers led the round with participation from other investors that included Comcast Ventures, Dragoneer Investment Group, Thrive Capital, Valiant Capital, Andreessen Horowitz, Khosla Ventures and Sequoia.

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Ginger.io raises $20 mln from investors like Khosla and True Ventures

Ginger.io, a digital mental health monitoring system that makes use of smartphones and self-reporting to gather behavioral data, has raised $20 million in Series B funding. Khosla Ventures and True Ventures participated in the funding round, as well as new strategic investors. Ginger.io has raised a total of $28 million since its inception in 2010.

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Khosla Ventures leads $22 mln round for Scribd

Subscription book service Scribd has received $22 million in funding. Khosla Ventures led the round with participation from other investors such as Redpoint Ventures, Charles River Ventures and Silicon Valley Bank. In addition to the financing, Keith Rabois has been added to Scribd’s board as an observer.

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Grocery delivery startup Instacart bags $210 mln

According to an SEC filing, Instacart, an on-demand grocery service, has raised $210 million in a targeted $220 million funding round. A company spokesperson declined to add further information. Last June, Instacart received $44 million in Series B funding. Andreessen Horowitz led the round with participation from previous backers Sequoia Capital, Khosla Ventures and Canaan Partners.

 

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peHUB First Read

First Read takes you into the homestretch with news Sony has pulled the plug on “The Interview” after threats, New York bans fracking and cigar connoisseurs are applauding the move to normalize U.S.-Cuba relations although institutional investing in Cuba may be years away.

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Mike Cahill rejoins VC-backed Boku as CTO

Boku has hired Mike Cahill as chief technology officer. Previously, Cahill worked at American Express where he was vice president of mobile engineering. And, prior to that, Cahill was Boku’s vice president of engineering. Based in San Francisco, Boku is a carrier billing-based mobile payment company. It is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.

Family entertainment firm ToyTalk pulls in $15 mln

ToyTalk, a San Francisco-based family entertainment firm, has raised $15 million in funding in a round led by Khosla Ventures, the company said in a blog post on its site. Other backers included previous investors Greylock, Charles River Ventures, True Ventures and First Round Capital. According to the company, the capital infusion will be used to expand its engineering and production teams. In addition to the funding, Samil Kaul, a partner at Khosla, has been added to ToyTalk’s board of directors. To read the announcement, visit here.

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San Francisco start-up Helium bags about $16 mln Series A

San Francisco-based Helium, an internet of things platform for smart machines, has raised about $16 million in Series A funding, the company announced in a blog post on its site. Khosla Ventures led the round with participation from other investors that included FirstMark Capital, Digital Garage, Marc Benioff and SV Angel. Also, Helium has hired Rob Chandhok as president and chief operating officer. Previously, Chandhok worked at Qualcomm. To read the post, visit here.

 

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Samsung Ventures and Khosla fund Seeo

Seeo, a Hayward, Calif.-based producer of advanced lithium polymer batteries, has raised an undisclosed amount of funding. The investors included Samsung Ventures, Khosla Ventures and GSR Ventures.

DB Networks rings up $17 mln

DB Networks, a San Diego-based cyber security provider, has raised $17 million in financing. Grotech Ventures led the round with participation from other investors that included Khosla Ventures and Citi Ventures. Concurrent with the funding, Joe Zell, general partner at Grotech Ventures, has been added to DB Networks’ board of directors.

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Khosla Ventures leads $36 mln in Series B funding in Mesosphere

Khosla Ventures has led a $36 million Series B funding round in Mesosphere, which created a datacenter operating system. Other investors in the funding round include Andreessen Horowitz, Fuel Capital, SV Angel and others. Mesosphere has raised a total of $50 million, including $10.5 million in Series A funding in June led by Andreessen Horowitz.

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Teespring raises $35 mln from Khosla Ventures, Andreessen

Teespring said it raised $35 million in Series B financing in a deal led by Khosla Ventures and joined by existing investor Andreessen Horowitz. Khosla Ventures partner Keith Rabois will join the Board of Directors, which includes Sam Altman, president of Y Combinator. The company has now raised $55 million.

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Sliced Investing pulls in $2 mln seed

Hedge fund start-up Sliced Investing has raised $2 million in seed funding. the firm announced in a blog post on its site. The investors included Khosla Ventures, Triple Point Capital, Data Collective and Y Combinator. According to the firm, the capital infusion will be used to launch new hedge fund products and to grow its user base. To read further details about the funding, visit here.

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Blockstream raises $21 mln from Hoffman, Khosla, Real, Innovation, others

Blockstream said it raised a $21 million seed round from nearly 40 investors. The round was led by Reid Hoffman, Khosla Ventures and Real Ventures, and joined by Nicolas Berggruen, Crypto Currency Partners, Future\Perfect Ventures, Danny Hillis, Eric Schmidt’s Innovation Endeavors, Max Levchin, Mosaic Ventures, Ray Ozzie, Ribbit Capital, Jerry Yang’s AME Cloud Ventures and others, according to a company blog post.

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VC-backed Boku names Mopay co-founders CBO and CFO

Boku has hired Ingo Lippert as chief business officer and Christian Hinrichs as chief financial officer. Both Lippert and Hinrichs are co-founders of Mopay. Based in San Francisco, Boku is a carrier billing-based mobile payment company. It is backed by Andreessen Horowitz, Benchmark Capital, DAG Ventures, Index Ventures, Khosla Ventures and New Enterprise Associates.

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Child care marketplace CareLulu pulls in $1.7 mln

Online child care marketplace CareLulu has closed $1.7 million in seed funding. Khosla Ventures led the round with participation from other investors that included Crunchfund, The Startup Factory and 500 Startups. According to the company, the capital will be used for personnel hiring and market expansion.

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