Nielsen buys VC-backed eXelate

Nielsen has acquired eXelate, a data solutions provider that facilitates the buying and selling of advertising across programmatic platforms. No financial terms were disclosed. eXelate’s backers included NewSpring Capital, Carmel Ventures, Menlo Ventures and Trident Capital.

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Francisco Partners leads $60 mln round for Betterment

New York City based-automated investing service Betterment has raised $60 million in funding. Francisco Partners led the round with participation from other investors that included Bessemer Venture Partners, Menlo Ventures and Northwestern Mutual Capital. In addition to the funding, Betterment has named Peter Christodoulo of Francisco Partners to its board of directors.

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Vidyo names Westman President, CEO

Vidyo said Wednesday that it has named Eran Westman its President and Chief Executive Officer, succeeding co-founder Ofer Shapiro, effective immediately. Shapiro will become Vice Chairman and will help guide the company, a statement said. Westman previously held the role of Chief Revenue Officer. Guy Resheff has also joined Vidyo as Chief Technology Officer. Vidyo, of Hackensack, New Jersey, provides video conference software and is backed by venture capital firms including Menlo Ventures, Rho Ventures and Sevin Rosen Funds.

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Keaton Row raises Series A funds

New York-based online social commerce marketplace Keaton Row has secured an undisclosed amount of Series A funding. Time Inc led the round with participation from previous backers that include Menlo Ventures, Rho Capital and Grape Arbor VC. In addition to the funding, Time will take a seat on Keaton Row’s board.

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The Black Tux inks $10 mln Series A

The Black Tux, a suit and tux rental firm, has secured $10 million in Series A funding, confirmed a company spokesperson. First Round Capital led the round with participation from Menlo Ventures and Raine. In conjunction with the funding, First Round Capital’s Josh Kopelman has been added to Black Tux’s board.

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Pluribus Networks pulls in $50 mln Series D

Pluribus Networks, an SDN platform provider, has raised $50 million in Series D funding. Temasek Holdings led the round with participation from previous backers that included New Enterprise Associates, Menlo Ventures, Mohr Davidow and AME Cloud Ventures.

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Marker leads $20 mln round for Glide

Live video messaging firm Glide has received $20 million in Series B funding. Marker led the round with participation from other investors that included Two Sigma Ventures and Menlo Ventures. In addition to the funding, Ohad Finkelstein, a partner at Marker, has been named to Glide’s board of directors.

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Bullpen leads funding round for SendHub

SendHub, which provides a business phone system for mobile devices, announced a $5 million Series B round of funding led by Bullpen Capital. Kapor Capital, Menlo Ventures, Seraph Group and Eric Ries also participated in the round. The Menlo Park, Calif.-based company has now raised $10 million in total funding.

VC-backed IMVU hires product SVP

IMVU has named Stewart Bonn as senior vice president of product. Prior to joining IMVU, Bonn worked at If You Can where he served as chief product officer. Based in Mountain View, Calif., IMVU connects users through customizable avatar-based experiences. It is backed by Menlo Ventures, Allegis Capital, Bridgescale Partners and Best Buy Capital.

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Ashton Kutcher and Guy Oseary’s A-Grade Investments back Rover

Rover.com has received undisclosed funding from Ashton Kutcher, Guy Oseary and Ron Burkle’s venture fund A-Grade Investments. Headquartered in Seattle, Rover.com is an online community that connects dog owners with dog sitters. It is also backed by Menlo Ventures, Madrona Venture Group, Foundry Group and Petco.

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EdCast picks up $6 mln Series A

EdCast said Monday that it has closed $6 million in Series A funding. SoftBank Capital led the round with participation from other investors that included Menlo Ventures, Novel TMT Ventures, Cervin Ventures, Aarin Capital, NewSchools Venture Fund/ CoLab and the Stanford StartX Fund. Based in Mountain View, Calif., EdCast provides knowledge cloud platforms for institutions, educators, enterprises and governments to collaborate with each other.

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