Minted scores fresh funding from Norwest, TCV

Minted, which provides a marketplace for graphic design and content, has raised $38 million in a Series D round of funding. Norwest Venture Partners led the round and was joined by Technology Crossover Ventures. San Francisco-based Minted has now raised more than $90 million in total funding. Previous investors include Benchmark Capital, IDG Ventures, Menlo Ventures, Eventbrite co-founders Kevin and Julia Hartz, Yahoo CEO Marissa Mayer, Reddit CEO Yishan Wong, and Yelp co-founder and CEO Jeremy Stoppelman, among others.

Sean Jacobsohn

Jacobsohn joins Norwest from Emergence

Norwest Venture Partners announced that it has hired Sean Jacobsohn as principal. Jacobsohn was previously a venture partner at Emergence Capital Partners, which he joined in 2012. At Norwest, he will continue to focus on early and late-stage enterprise companies, including SaaS, healthcare IT, mobile business applications, and B2B marketplaces.


Norwest promotes three

Norwest Venture Partners announced Dr. Robert Mittendorff and Sumer Juneja were each promoted from vice president to principal, while Lisa Wu was named vice president.

Sept cov914

LPs warm up to venture: VCJ

Near record distributions are bringing limited partners back to the asset class. As fund commitments jump so do capital flows.


Norwest Venture Partners leads Series B round for Threadflip

Threadflip said Wednesday that it has raised $13 million in Series B funding. Norwest Venture Partners led the round with participation from previous backers Baseline Ventures, First Round Capital and Shasta Ventures. Based in San Francisco, Threadflip is a fashion marketplace for women.


Avere picks up $20 mln Series D

Avere Systems said Thursday that it has raised $20 million in Series D funding. Western Digital Capital led the round with participation from return backers Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners and Tenaya Capital. Based in Pittsburgh, Avere is a provider of hybrid cloud solutions.


mBlox snags $43.5 mln

mBlox said Monday that it has secured $43.5 million in funding. The investors included Comerica, Horizon Technology Finance, Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratem and Saints Capital. Armentum Partners advised mBox on this transaction. Headquartered in Sunnyvale, Calif., mBlox is a provider of A2P text messaging.

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