VC-backed IronPlanet and Cat Auction Services merge

IronPlanet and Cat Auction Services have completely merged. No financial terms were disclosed. IronPlanet is an online marketplace for buying and selling used heavy equipment and trucks while Cat Auction Services holds auctions on used heavy equipment. IronPlanet is backed by Accel Partners and Kleiner Perkins Caufield & Byers.


Spruce raises $15 mln in Series A

San Francisco-based telemedicine provider Spruce has raised a $15 million Series A round of funding from Kleiner Perkins Caufield & Byers, Google Ventures, Baseline Ventures and Cowboy Ventures. The company previously raised $2 million in seed funding.


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.



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.


Salesforce leads $60 mln strategic funding for InsideSales

InsideSales.com, a provider of a cloud-based sales analytics platform, has raised a $60 million strategic round of funding led by existing investor Salesforce Ventures. Also participating in the funding are Microsoft and existing backers Polaris Partners, Kleiner Perkins Caufield & Byers, Hummer Winblad Venture Partners, U.S. Venture Partners and Zetta Venture Partners. The Provo, Utah-based company, which was valued at about $1 billion at its last funding in April 2014, has now raised $203 million in total funding.

women fireworks

Let’s see some fireworks

A high-profile sexual discrimination trial happening right now pittingEllen Pao against her former employer, Kleiner Perkins Caufield & Byers, has turned a spotlight on what many believe is a culture of sexism in Silicon Valley.


SimpliVity snags $175 mln Series D

Westborough, Massachusetts-based IT infrastructure company SimpliVity has secured $175 million in Series D funding. Waypoint Capital led the round with participation from return backers Accel Partners, Charles River Ventures, DFJ Growth, Kleiner Perkins Caufield & Byers and Meritech Capital Partners. Morgan Stanley was the placement agent for SimpliVity.


Social+Capital to raise $450 mln third fund

Social+Capital Partnership is raising a $450 million third fund. The new fund – Social Capital Partnership III – is a step up from the firm’s second fund, which in 2013 targeted $325 million.

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