San Francisco-based Granular, a provider of farm management software and analytics tools, has secured $18.7 million in Series B funding. Tao Capital Partners led the round with participation from Emory Investment Management, Fall Line Capital, H. Barton Asset Management, Andreessen Horowitz, Google Ventures and Khosla Ventures.Continue
Upstart has secured $35 million in Series C funding, according to a blog post by CEO Dave Girouard. Third Point Ventures led the round with participation from other investors that included Khosla Ventures, First Round Capital and Collaborative Fund. Based in Palo Alto, California, Upstart is a lending platform that aims to finance people based on signs of their potential including employment history and academic performance.
New York-based hardware startup LittleBits Electronics Inc has raised $44.2 million in funding. DFJ Growth led the round with participation from other investors that included Morgan Stanley Alternative Investment Partners, Grishin Robotics, Wamda Capital, Foundry Group, True Ventures, VegasTechFund, Two Sigma Ventures and Khosla Ventures. In conjunction with the funding, Barry Schuler of DFJ Growth, has been added to the LittleBits board.Continue
San Mateo, Calif.-based Tile, maker of a bluetooth-powered wearable device to keep track of items, announced it has raised a $3 million Series A extension from Khosla Ventures. Tile previoulsy raised $13 million in funding, including a $9.5 million Series A round led by GGV Capital and $3.5 million in seed-stage funding led by the large Chinese company Tencent. Other investors include Tandem Capital, Rothenberg Ventures and individuals. Tile said it has shipped 2 million of its tracking devices. The company raised $2.6 million via its Selfstarter campaign in 2013.Continue
Texas County and District Retirement System has added nine vintage 2014 funds to portfolio with [...]Continue
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.Continue
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.Continue
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.Continue
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.Continue
Khosla Ventures and Drive Capital have led a $15 million Series B funding round in CrossChx, a global patient identification company. Keith Rabois, partner at Khosla Ventures, will join CrossChx’s board. CrossChx has raised more than $20 million in total capital to date.Continue
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.Continue
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.Continue
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.
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.Continue
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.Continue
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.Continue
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.
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.Continue