Instart Logic nabs $45 mln Series D

By Iris Dorbian — 3 weeks ago

Palo Alto, California-based Instart Logic, a cloud application delivery provider, has raised $45 million in Series D funding. Geodesic Capital led the round with participation from other investors that included the Stanford-StartX Fund, Harris Barton Asset Management, Hermes Growth Partners, Andreessen Horowitz, Four Rivers Group, Kleiner Perkins Caufield & Byers and Tenaya Capital.

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Shape Security nabs $25 mln Series D

By Iris Dorbian — 4 weeks ago

Silicon Valley-based cyber security company Shape Security has secured $25 million in Series D funding. The investors included Baseline Ventures, Northern Light, Epic Ventures, Kleiner Perkins Caufield & Byers, Venrock, Norwest Venture Partners, Google Ventures and Tomorrow Ventures.

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Agility Fuel Systems taps ex-KPCB exec as CEO

By Iris Dorbian — 3 months ago

Santa Ana, California-based Agility Fuel Systems, a maker of natural gas fuel systems for heavy duty vehicles in North America, has named Kathleen Ligocki as CEO. The appointment becomes effective December 3. Ligocki is a former operating partner at Kleiner Perkins Caufield & Byers.

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Align Commerce takes in $12.5 mln in KPCB-led round

By Iris Dorbian — 3 months ago

Global payments provider Align Commerce has raised $12.5 million in Series A funding. Kleiner Perkins Caufield & Byers led the round with participation from other investors that included SVB Ventures, Recruit Venture Partners, Pantera Capital, Digital Currency Group and FS Venture Capital LLC. In addition to the funding, Randy Komisar, a general partner at KPCB, has been appointed to Align Commerce’s board of directors.

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KPCB invests in energy conservation company Cenergistic

By Iris Dorbian — 3 months ago

Kleiner Perkins Caufield & Byers has acquired a minority stake in Cenergistic, an energy conservation company. No financial terms were disclosed. In addition to the funding, Ben Kortlang, a partner in Kleiner Perkins’ Green Growth Fund, has been added to the Cenergistic board.

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Car rental marketplace Turo drives away with $47 mln Series C

By Iris Dorbian — 3 months ago

Car rental marketplace Turo (formerly known as RelayRides) has secured $47 million in Series C funding. Kleiner Perkins Caufield & Byers led the round with participation from return backers August Capital, Canaan Partners, Google Ventures, Shasta Ventures and Trinity Ventures. In conjunction with the funding, Turo has added Brook Porter of KPCB to its board of directors. PRESS RELEASE […]

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IronNet Cybersecurity nabs $32.5 mln Series A

By Iris Dorbian — 4 months ago

IronNet Cybersecurity, a cybersecurity solutions provider, has secured $32.5 million in Series A funding. Trident Capital Cybersecurity led the round with participation from Kleiner Perkins Caufield & Byers. In addition to the funding, Ted Schlein, a general partner at KPCB, has been named to IronNet’s board of directors.

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Customer data hub Segment grabs $27 mln Series B

By Iris Dorbian — 4 months ago

San Francisco-based Segment, a platform that collects customer data, has raised $27 million in Series B funding. Thrive Capital led the round with participation from return backers Accel Partners, Kleiner Perkins Caufield & Byers and Jon Winkelried, former president of Goldman Sachs. In addition to the funding, Will Gaybrick, chief financial officer of Stripe and general partner at Thrive Capital, has been added to Segment’s board.

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Hixme Insurance Solutions fetches $10.14 mln Series A

By Iris Dorbian — 4 months ago

Kleiner Perkins Caufield & Byers has led a $10.14 million Series A funding round for Hixme Insurance Solutions. Dr. Beth Seidenberg has been added to Hixme’s board of directors. Also, the company has named Denny Weinberg, a former co-founder of Wellpoint, as CEO. Based in California, Hixme Insurance Solutions is a platform that helps employers transition to a private benefit exchange.

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KPCB leads Series B round for Newsela

By Iris Dorbian — 4 months ago

Newsela, a publishing platform that helps students improve their reading, has raised $15 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from Mark Zuckerberg and Priscilla Chan, Women’s Venture Capital Fund, the John S. and James L. Knight Foundation and Owl Ventures. In conjunction with the funding, Brook Byers, a partner at KPCB, has been added to Newsela’s board of directors.

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Elcelyx Therapeutics snaps up $40 mln Series E

By Iris Dorbian — 4 months ago

San Diego-based Elcelyx Therapeutics, a developer of drugs for metabolic disorders, has secured $40 million in Series E funding. Sailing Capital led the round with participation from other investors that included Morgenthaler Ventures, Kleiner Perkins Caufield & Byers, Technology Partners and GSM Fund LLC. In addition to the funding, Elcelyx has appointed Liang Tsui, a managing director and partner of Sailing Capital, to its board of directors.

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San Francisco AboutLife reels in $3 mln from KPCB

By Iris Dorbian — 4 months ago

San Francisco startup AboutLife, a provider of free personal financial planning tools, has launched with $3 million in funding from Kleiner Perkins Caufield & Byers. In addition to the investment, Randy Komisar, a general partner at KPCB, has been named to AboutLife’s board of directors.

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VC-backed IronPlanet snaps up $55 mln

By Iris Dorbian — 5 months ago

IronPlanet, an online marketplace for buying and selling used heavy equipment and trucks, has secured a $55 million credit facility. SunTrust Bank served as the administrative agent while SunTrust Robinson Humphrey was the lead arranger. IronPlanet’s backers include Accel Partners and Kleiner Perkins Caufield & Byers.

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Crossbar picks up $35 mln Series D

By Iris Dorbian — 5 months ago

Santa Clara, California-based Crossbar Inc, a provider of RRAM technology, has closed $35 million in Series D funding. Tyche Partners led the round with participation from other investors that included Artiman Ventures, CBC-Capital, Cheerful Link Ventures, Correlation Ventures, Kleiner Perkins Caufield & Byers, Korea Investment Partners, Northern Light Venture Capital, Oriza Holdings, SAIF Partners, Tao Invest and the University of Michigan. In addition to the funding, Weijie Yun, a founder and managing partner of Tyche Partners, has been added to Crossbar’s board of directors.

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