Foundry Group leads $12.5 mln round for Pioneer Square Labs

Seattle-based Pioneer Square Labs, a studio that creates and launches tech startups, has secured $12.5 million in funding. Foundry Group led the round with participation from other investors that included Bezos Expeditions, Greycroft Partners, Madrona Venture Group, Maveron, Menlo Ventures, MHS Capital, True Ventures, Voyager Capital and Vulcan Capital.


NodePrime takes in $7 mln seed

NodePrime, a data center management platform that has emerged from stealth mode, has raised $7 million in seed funding. The investors were Menlo Ventures, New Enterprise Associates, Formation 8, Ericsson, Initialized Capital, Crosslink Capital and TEEC Angel Fund.


Menlo leads $10 mln funding of cloud company Platform9

Sunnyvale, Calif.-based Platform9, a provider of a SaaS solution to make it possible for companies to turn their existing IT infrastructure into a private cloud, has raised $10 million in Series B funding. Menlo Ventures led the round and previous investor Redpoint Ventures also participated. The company, which was founded by a group of former VMware engineers, has now raised $14.5 million in total funding. As part of the round, Mark Siegel, general partner at Menlo, has joined the board, which also includes Scott Raney.


Virtual storage company Tintri raises $125 mln round led by Silver Lake Kraftwerk

Mountain View, Calif.-based Tintri Inc, a provider of storage for virtualization and cloud environments, announced the close of a $125 million Series F round of funding. Silver Lake Kraftwerk led the round, which included existing investors Insight Venture Partners, Lightspeed Ventures, Menlo Ventures and New Enterprise Associates. The company has now raised $260 million in total funding.


Menlo Ventures leads Series A round for UpCounsel

San Francisco-based on-demand legal marketplace UpCounsel has raised $10 million in Series A funding. Menlo Ventures led the round with participation from other investors that included Homebrew and Metamorphic Ventures.


PillPack grabs $50 mln in CRV-led round

PillPack, a pharmacy that simplifies medication management, has closed $50 million in funding. CRV led the round with participation from Accel Partners, Atlas Venture, Menlo Ventures and Sherpa Ventures. In addition to the funding, George Zachary, a partner at CRV, has been appointed to PillPack’s board.


Credit Sesame collects $16 mln Series D

Mountain View, California-based Credit Sesame, which helps consumers monitor and manage their credit and loans, has raised $16 million in Series D funding. Syncora Alternative Investments led the round with participation from other backers that included Menlo Ventures, IA Capital, Globespan Capital and Inventus Capital.


Poshmark snags $25 mln

Menlo Park, California-based Poshmark, a fashion community marketplace, has secured $25 million in funding. The investors were Mayfield, Menlo Ventures, Inventus Capital, Union Grove Venture Partners, Shea Ventures and SoftTech VC.

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