Proterra raises $55 mln

By Luisa Beltran — 7 months ago

Proterra said Tuesday that it raised $55 million in strategic financing. This included a $30 million Series 4 equity round and $25 million in debt financing from Hercules Technology Growth Capital Inc. Based in Greenville, South Carolina, Proterra is a maker of electric buses. Prior investors include Kleiner Perkins and GM Ventures.

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Autonomic Technologies raises $38 mln

By Luisa Beltran — 9 months ago

Autonomic Technologies Inc. said Tuesday it raised $38 million in a series D round of financing led by led by Edmond de Rothschild Investment Partners, syndicated with Forbion Capital Partners. Existing investors Kleiner Perkins Caufield and Byers, InterWest Partners, Novartis Venture Fund, Aberdare Ventures and the Cleveland Clinic also participated. San Francisco-based Autonomic Technologies is a medical device company that is developing Pulsante, a microstimulator to treat severe headaches.

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Secret CEO Byttow confirms shutdown

By Luisa Beltran — 10 months ago

Secret Inc. CEO David Byttow said in a post that the app would be shutting down. Secret, of San Francisco, has reportedly raised $35 million in funding, including $25 million in July. “Unfortunately, Secret does not represent the vision I had when starting the company, so I believe it’s the right decision for myself, our investors and our team,” Byttow wrote on Medium. Secret let users exchange messages anonymously; investors included Google Ventures, Kleiner Perkins Caufield & ByersIndex Ventures, Redpoint Ventures and Fuel Capital. Byttow said the company “still has a significant amount of invested capital” and that he believes the “right thing to do is return the money.”

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Electric bus maker Proterra nabs over $30 mln

By Iris Dorbian — 2 years ago

Proterra has received more than $30 million in funding. Kleiner Perkins and GM Ventures led the round with participation from Tao Invest, Vision Ridge Partners and Hennessey Capital. The company expects an additional capital infusion of $10 million within the coming weeks. In addition to the funding, Michael Smith, vice president of Constellation and head of Constellation Technology Ventures, has been appointed to Proterra’s board. Based in Greenville, South Carolina, Proterra is a maker of electric buses.

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VC-backed One Kings Lane appoints new CEO

By Iris Dorbian — 2 years ago

One Kings Lane has named Dinesh Lathi as CEO and member of the board of directors. Previously, Lathi was the firm’s chief operating and financial officer. Headquartered in San Francisco, One Kings Lane is an online home decor retailer. Its backers include Mousse Partners, Scripps Networks Interactive, Kleiner Perkins, Greylock Partners, IVP and Tiger Global Management.

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