114 Views

QVC parent company to buy Zulily for about $2.4 bln

Liberty Interactive Corp, the parent company of QVC, has agreed to acquire Seattle-based Zulily, an ecommerce site that targets moms and their children, for about $2.4 billion. The deal is expected to close in the fourth quarter of this year. In November 2013, Zulily went public, launching its IPO on the NASDAQ under the ticker symbol “ZU.” Its pre-IPO backers were Maveron, August Capital, Trinity Ventures, Meritech Capital Partners and Andreessen Horowitz.

140 Views

GuideSpark raises $22.2 mln

GuideSpark has closed a Series C funding round $22.2 million led by Meritech Capital Partners with participation from existing investors New Enterprise Associates (NEA), Storm Ventures and IDG Ventures. Menlo Park, Calif.-based GuideSpark provides videos that aide in employee communications and engagement.

128 Views

VC-backed CloudPassage recruits Thomas as CEO

San Francisco-based cybersecurity company CloudPassage has named Robert Thomas as CEO. Thomas will also join the board of directors. Previously, Thomas worked at Infloblox where he served as CEO. In addition to this appointment, CloudPassage has tapped founding CEO Carson Sweet as chief strategy officer and board chairman. CloudPassage’s backers include Benchmark Capital, Meritech Capital Partners, Tenaya Capital, Shasta Ventures and Musea Ventures.

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Ionic Security rings up $40.1 mln Series C

Atlanta-based data protection platform Ionic Security has raised $40.1 million in Series C funding. Meritech Capital Partners led the round with participation from other investors that include Kleiner Perkins Caufield & Byers, Google Ventures, Tech Operators and Jafco Ventures.

166 Views

PE-backed ForgeRock recruits Humphrey as CMO

ForgeRock, a provider of identity relationship management solutions, has hired Robert Humphrey as chief marketing officer. Previously, Humphrey worked at CA Technologies where he served as senior vice president of global field and channel marketing. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.

194 Views

Sonendo raises $35 mln equity financing

Sonendo said Monday it completed an equity financing round of $35 million led by Meritech Capital Partners. New investor SEB Private Equity joined Fjord Ventures, OrbiMed Advisors and NeoMed Management in the round. Laguna Hills, Calif.-based Sonendo develops technology for the root canal therapy market.

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VC-backed ForgeRock beefs up staff with new hire

ForgeRock, a provider of identity relationship management solutions, has named Eve Maler as vice president of innovation and emerging technology. Most recently she worked as a principal analyst for Forrester Research. ForgeRock is backed by Meritech Capital Partners, Accel Partners and Foundation Capital.

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Meritech leads Series C round for ForgeRock

ForgeRock said Thursday that it has secured $30 million in Series C funding. Meritech Capital Partners led the round with participation from Accel Partners and Foundation Capital. In addition to the funding, Paul Madera, co-founder and managing director of Meritech, has been added to ForgeRock’s board of directors. ForgeRock is a provider of identity relationship management solutions.

ExtraHop bags $41 mln Series C

ExtraHop said Thursday that it has received $41 million in Series C funding. Technology Crossover Ventures led the round with participation from other investors that included Meritech Capital Partners and Madrona Venture Group. In addition to the funding, Ted Coons of Technology Crossover Ventures has been added to ExtraHop’s board of directors. Headquartered in Seattle, ExtraHop is a provider of real-time wire data analytics.

194 Views

Anaplan raises $100 mln Series D led by DFJ Growth

Planning platform business Anaplan has completed a Series D round of $100 million in financing, bringing total investment in the company to $150 million. The round was led by DFJ Growth with participation from Brookside Capital, Coatue Management, Sands Capital Management, and Workday and Anaplan’s current investors, Granite Ventures, Meritech Capital Partners, salesforce.com, and Shasta Ventures.

Box IPO never had a set date, says company rep

Despite news reports that say that Box has delayed its IPO, according to a company spokesperson, there was never a set date for its rollout. Says the Box rep: “Since filing, we’ve planned on going when it makes the most sense for the market. That plan hasn’t changed.” Headquartered in Los Altos, Calif., Box is a data storage provider. The company filed for an IPO earlier this year. Its backers include Draper Fisher Jurvetson, US Venture Partners, Meritech Capital Partners, Andreessen Horowitz and Emergence Capital Partners.

PE-backed Lynda.com acquires Halifax startup Compilr

Online education firm Lynda.com said Monday that it has acquired Compilr. No financial terms were disclosed. Based in Halifax, Compilr is an online code editor. Lynda.com is backed by Accel Partners, Spectrum Equity and Meritech Capital Partners.

Box adds Cisco chief technology and strategy officer to board of directors

Box has added Padmasree Warrior, chief technology and strategy officer for Cisco, to its board of directors. Headquartered in Los Altos, CA, Box is backed by Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners and U.S. Venture Partners as well as by strategic investors salesforce.com, SAP Ventures and Intel Ventures.

Box appoints healthcare advisors

Box has appointed Aneesh Chopra, the first chief technology officer of the US, and Glen Tullman, former CEO of Allscripts, to serve as special advisors for the company’s healthcare and life sciences practice. Headquartered in Los Altos, CA, Box is backed by Andreessen Horowitz, Bessemer Venture Partners, Draper Fisher Jurvetson, Emergence Capital Partners, General Atlantic, Meritech Capital Partners, NEA, Scale Venture Partners, and U.S. Venture Partners, as well as by strategic investors salesforce.com, SAP Ventures and Intel Ventures.

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