HarbourVest leads Series C round for FiveStars

By Iris Dorbian — 3 weeks ago

San Francisco-based FiveStars, a rewards program for small businesses, has secured $50 million in Series C funding. HarbourVest Partners led the round with participation from other investors that included Lightspeed Venture Partners, Menlo Ventures and DCM Ventures.

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Menlo Ventures leads Series C round for BlueVine

By Iris Dorbian — 3 weeks ago

BlueVine, which provides working capital financing to small businesses, has raised $40 million in Series C funding. Menlo Ventures led the round with participation from other investors that included investor Rakuten FinTech Fund, Lightspeed Venture Partners, 83North and Correlation Ventures. In conjunction with the funding, Tyler Sosin has been added to BlueVine’s board of directors while Oskar Miel will become a board observer and strategic advisor.

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Vidyo nabs $15 mln

By Iris Dorbian — 2 months ago

Hackensack, New Jersey-based visual communications company Vidyo Inc has raised $15 million in funding. The investors included Kaiser Permanente Ventures, Menlo Ventures, Rho Ventures, Sevin Rosen Funds and QuestMark Partners. 

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AppDome scores $13 mln Series A

By Iris Dorbian — 3 months ago

New York City-based AppDome, which provides cyber security protection for apps and businesses, has raised $13 million in Series A funding. Menlo Ventures led the round with participation from other investors that included Jerusalem Venture Partners, OurCrowd and Draper Nexus.

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Foundry Group leads $12.5 mln round for Pioneer Square Labs

By Iris Dorbian — 4 months ago

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.

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NodePrime takes in $7 mln seed

By Iris Dorbian — 5 months ago

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.

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Menlo leads $10 mln funding of cloud company Platform9

By Alastair Goldfisher — 6 months ago

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.

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

By Alastair Goldfisher — 6 months ago

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.

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