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PE-backed ProQuest acquires SIPX

ProQuest, which is backed by ABRY Partners and Goldman Sachs, has bought SIPX. No financial terms were disclosed. Based in Palo Alto, California, SIPX is a provider of digital course materials that addresses copyright and costs concerns for universities. SIPX’s backers included Mohr Davidow Ventures, XSeed Capital, Stanford University and Ulu Ventures.

Aryaka picks up $16 mln

Milpitas, California-based Aryaka, a provider of WAN optimization technology, has raised $16 million in funding. Nexus Venture Partners led the round with participation from return backers Trinity Ventures, InterWest Partners, Mohr Davidow Ventures and Presidio Ventures.

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Lightspeed Venture leads $33 mln Series C funding in Personalis

Lightspeed Venture Partners has led a $33 million Series C funding round in Personalis, Inc., a genomics-based clinical diagnostic laboratory. All the Series A investors participated in the funding round, including Abingworth and Mohr Davidow Ventures. The funding brings Personalis’ total funding to $75 million.

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BuildDirect picks up $50 mln

Vancouver, British Columbia-based BuildDirect, an online shopping platform provider for building professionals to amateurs, has secured $50 million in funding. The investors included Mohr Davidow Ventures, OMERS Ventures and BMO Asset Management.

VC-backed Infusionsoft hires CFO

Infusionsoft, a sales and marketing software provider for small businesses, has named Curtis Smith as chief financial officer. In his new role, Smith will oversee corporate finance, accounting, legal, investor relations and report to the firm’s CEO and co-founder Clate Mask. Infusionsoft is backed by Goldman Sachs, Bain Capital Ventures, Mohr Davidow Ventures and Signal Peak Ventures.

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Navera racks up $8 mln

Navera has received $8 million in Series B funding. Bill Ericson, general partner at Mohr Davidow Ventures, led the round with participation from previous backer Gordon Ritter of Emergence Capital Partners. In conjunction with the funding, Ericson has been named to Navera’s board of directors. Based in San Francisco, Navera is a provider of benefits engagement solutions.

VC-backed Mustbin promotes CTO to CEO

Mustbin, a Boston-based app for organizing, storing and sharing vital personal information, has promoted Satyender Mahajan to CEO from chief technology officer. The firm’s backers include DAG Ventures, General Catalyst, Mohr Davidow Ventures and Northgate Capital.

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Retention Science grabs $7 mln Series A

Retention Science, a Santa Monica, Calif-based retention marketing firm, has raised $7 million in Series A financing. Upfront Ventures led the round with participation from investors that included Baroda Ventures, Forerunner Ventures and Mohr Davidow Ventures. In conjunction with the funding, the firm has appointed Greg Bettinelli of Upfront Ventures and Kirsten Green of Forerunner Ventures to its board of directors.

Neon Labs nabs $4.1 mln Series A

Neon Labs has raised $4.1 million in Series A funding. Mohr Davidow Ventures led the round with participation from return backers True Ventures and Steve Blank. Based in San Francisco, Neon Labs is an image selection platform for monetizing digital content.

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.

Nokia’s HERE to buy VC-backed Medio Systems

Nokia subsidiary HERE is planning on buying Medio Systems. No financial terms were disclosed. Based in Seattle, Medio Systems is a provider of predictive analytics for mobile applications. Its backers included Mohr Davidow Ventures, Trilogy Equity Partnership, Accel Partners and Frazier Technology Ventures.

VC-backed PunchTab expands advisory board

PunchTab said Friday that it has added Kiersten Hollars to its board of advisors. Hollars is the vice president of communications and brand marketing at Hightail. Formerly she was a partner at Andreessen Horowitz. Based in Palo Alto, Calif., PunchTab is an omni-channel engagement and insights platform. Its backers include Mohr Davidow Ventures, The Social+Capital Partnership and Crunch Fund.

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.

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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.

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PunchTab bags $6.25 mln

PunchTab said Thursday that it has raised $6.25 million in funding. Mohr Davidow Ventures led the round. Based in Palo Alto, Calif., PunchTab is an omni-channel engagement and insights platform.

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WorkFusion snags $15 mln Series B funds

WorkFusion, formerly known as CrowdComputing Systems, said Tuesday that it has received $15 million in Series B funding. Mohr Davidow Ventures led the round with participation from previous backers Greycroft Partners, iNovia Capital and RTP Ventures. In conjunction with the funding, Katherine Barr, a general partner at Mohr Davidow Ventures, will join the company’s board of directors. Headquartered in New York City, WorkFusion is a crowd computing platform.

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Spark Capital leads Series A round for Storefront

Storefront said Monday that it has closed $7.3 million in Series A funding. Spark Capital led the round with participation from investors that included Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel and Vikram Pandit. In addition to the funding, Mo Koyfman has been added to Storefront’s board. Storefront is an online marketplace that helps designers and artists find retail space to sell their products.

Kabbage raises $270 mln in cabbage

Kabbage, an online lender for small businesses, announced today that it has raised a $270 million revolving line of credit. The debt round, which goes directly into the company’s lending operations to provide funding to its customers, was oversubscribed. Investors were undisclosed, but a Kabbage spokesperson said they include major banks, pension funds and insurance companies. Previously, the Atlanta-based company raised $97 million in debt, including a $75 million credit facility through Victory Park Capital and Thomvest Ventures in 2013.

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