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Norwest leads funding round for Health Catalyst

Health Catalyst, a provider of healthcare data warehousing services, announced it has raised $70 million in new funding, bringing the total amount raised by the Salt Lake City-based company to $170 million. Existing investor Norwest Venture Partners led the latest round, which included other previous investors Sequoia Capital, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital and Partners HealthCare. New investors Sands Capital Ventures, Tenaya Capital, Epic Ventures and Leavitt Equity Partners also participated.

598 Views

HoneyBook raises $22 mln led by Norwest

HoneyBook, which provides event planning services for vendors, has raised $22 million in a Series B round of funding led by Norwest Venture Partners. Existing investors Aleph and Hillsven also participated. The San Francisco-based company has now raised $32 million in funding to date.

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Enterprise storage provider Exablox raises $16 mln; Dell joins as strategic investor

Enterprise storage company Exablox has raised a $16 million Series C round of funding. Dell Ventures joins the round as a new investor, along with existing backers DCM Ventures, Norwest Venture Partners and U.S. Venture Partners. Sunnyvale, Calif.-based Exablox, which was founded in 2010 to provide storage services for businesses, has now raised $38.5 million in total funding.

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Dtex Systems pulls in $15 mln Series A

San Jose, California-based Dtex Systems, a provider of insider threat protection solutions, has raised $15 million in Series A funding. Norwest Venture Partners and Wing Ventures led the round. In addition to the funding, Gaurav Garg, a founding partner at Wing Venture Partners, and Promod Haque, a senior managing partner at NVP, has been added to the Dtex board.

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Employee engagement platform Glint grabs $15.5 mln

Redwood City, California-based Glint, a real-time employee engagement platform, has secured $15.5 million in funding. Norwest Venture Partners and Shasta Ventures led the round. In conjunction with the funding, Jeff Crowe, a managing partner at Norwest Venture Partners and Jason Pressman, a managing director at Shasta Ventures, have joined Glint’s board of directors.

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E-commerce site Jet raises $140 mln

Stealth e-commerce startup Jet announced it has raise $140 million in new funding led by Bain Capital Ventures. Also participating in the round are Accel Partners, Coatue Management, General Catalyst Partners, Goldman Sachs, Google Ventures, MentorTech Ventures, New Enterprise Associates, Norwest Venture Partners, Silicon Valley Bank, Temasek, Thrive Capital and others.

287 Views

Norwest backs Crossover Health

Crossover Health, which provides on-site health care for large employers, announced it has raised $15 million in funding from Norwest Venture Partners. As part of the investment, Norwest Partners Ryan Harris and Casper de Clercq are joining the board.

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Ravello picks up $28 mln

Ravello Systems Inc, a nested virtualization software firm, has received $28 million in funding. Qualcomm Ventures and SanDisk Ventures led the round with participation from­ Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners.

Elemental Technologies snags $14.5 mln Series D

Elemental Technologies has closed $14.5 million in Series D financing. Telstra led the round with participation from previous backers General Catalyst Partners, Norwest Venture Partners and Voyager Capital. Based in Portland, Oregon, Elemental Technologies is a provider of software-defined video solutions for multiscreen content delivery.

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Big data cloud company Qubole raises $13 mln led by Norwest

Norwest Venture Partners has led a $13 million Series B round of funding in Qubole, a provider of a cloud-based big data platform. The Mountain View, Calif.-based company has now raised $20 million in total funding. As part of the latest round, Rama Sekhar, principal at Norwest Venture Partners, has joined the board.

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Referral marketing platform Extole snags $14 mln Series C

San Francisco-based referral marketing platform Extole has raised $14 million in Series C funding. Scale Venture Partners led the round with participation from Norwest Venture Partners, Redpoint Ventures, Shasta Ventures and Trident Capital. In conjunction with the funding, Stacey Bishop, a partner at ScaleVP, has been added to Extole’s board of directors.

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VC-backed LendingClub sets IPO pricing terms

According to an SEC filing, LendingClub Corp. has priced 57.7 million shares of its IPO at between $10 and $12 a share. The stock will trade on the NYSE under the ticker symbol “LC.” Morgan Stanley, Goldman Sachs, Credit Suisse and Citigroup are the lead underwriters. Based in San Francisco, LendingClub is a peer-to-peer lending marketplace. Its backers include Norwest Venture Partners, Canaan Partners, Foundation Capital, KPCB and Morgenthaler Venture Partners.

 

VC-backed Palerra hires four

Santa Clara, Calif.-based Palerra, a cloud security automation firm, has made four additions to its staff. The company has hired Sunil Sampat as vice president of sales; Alan Bavosa as vice president of products; Alice Wang as vice president of customer success; and Upa Hazarika as senior director of marketing and strategy. Palerra is backed by Norwest Venture Partners and Wing Venture Partners.

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Design marketplace Minted attracts $38 mln

San Francisco-based design marketplace Minted has received $38 million in funding. Norwest Venture Partners led the round with participation from Technology Crossover Ventures. In addition to the funding, the firm has appointed Toby Lenk to its board of directors.

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