On-demand meal service Sprig cooks up $45 mln

San Francisco-based on-demand meal service Sprig has secured $45 million in funding. The Social+Capital Partnership led the round with participation from other investors that included Greylock Partners, Accel Partners, Battery Ventures, 500 Startups, Ludlow Ventures, Lumia Capital, IDG Ventures and CAA Ventures. In addition to the funding, Ted Maidenberg of Social+Capital has been added to Sprig’s board of directors.

164 Views

Hired attracts $15 mln Series B

Job marketplace Hired has closed $15 million in Series B funding. The investors were Silicon Valley Bank, Comcast Ventures, Lumia Capital, Crosslink Capital, Sierra Ventures, SoftTech and SherpaVentures. According to the firm, the capital will be used for growth and expansion.

156 Views

Hinge app picks up $4.5 mln

Hinge, a NYC-based app that helps users meet new people through friends, has received $4.5 million in funding. The investors included Founders Fund, Lowercase Capital, CAA Ventures, Lumia Capital, Middleland Capital and Great Oaks.

VC-backed OpenDNS hires CFO

OpenDNS has hired Burt W. Podbere as chief financial officer. Previously, Podbere worked at Net Optics where he served as CFO. Based in San Francisco, OpenDNS is a provider of internet security solutions. Its backers include Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital.

Internet security provider OpenDNS bags $35 mln

OpenDNS said Thursday that it has secured $35 million in funding. The investors were Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital. Based in San Francisco, OpenDNS is a provider of internet security solutions.

270 Views

Kabbage raises fresh $50 mln in SoftBank-led round

Kabbage, an online lender for small businesses, has raised a $50 million Series D round led by SoftBank Capital. Also participating in the round is TCW/Craton, Lumia Capital and existing investors, including UPS Strategic Enterprise Fund, Thomvest Ventures, BlueRun Ventures, Mohr Davidow Ventures and individuals David Bonderman and Warren Stephens. As part of the latest round, Steve Murray, a partner at SoftBank, has joined the board. Atlanta-based Kabbage has now raised about $106 million in equity since 2010.

Xtime Raises $23M From Bessemer, Lumia, RPM And Saints

Xtime said it raised $23 million in a deal led by Bessemer Venture Partners and joined by Lumia Capital and existing investors RPM Ventures and Saints Capital. The company said Jeremy Levine, a Bessemer partner, and DFJ Venture Partner Heidi Roizen have joined the board.

MarkaVIP Completes Series A

Middle East private sales club MarkaVIP, has completed a $5 million Series A funding led by Silicon Valley venture firm Lumia Capital with significant participation from New York City-based Invus Financial Advisors (IFA). The funding round will be used to expand MarkaVIP’s current operations and to support regional expansion for its private sales club throughout […]

PE HUB Community

Join the 12515 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget