Moogsoft, which provides service assurance software to help companies detect anomalies in online traffic, announced it has raised $11.3 million in Series B funding. Wing Venture Capital, a new investor, led the round, which also included returning investor Redpoint Ventures. The San Francisco-based company has now raised about $18 million in total funding. As part of the latest round, Peter Wagner, founding partner of Wing Venture Capital, has joined the board.Continue
Workspot said it raised $1.9 million of seed funding from Kleiner Perkins Caufield & Byers, Norwest Venture Partners, Redpoint Ventures, and angel investors, including Peter Wagner and Gaurav Garg. The company also launched a bring-your-own-mobile-device service for IT administrators, Workspot Control, and a mobile application for IPads, called Workspot.Continue
In this week’s Social Scene, Diva of Distressed Lynn Tilton goes to war with Forbes, Ethernet inventor/VC Bob Metcalfe settles into his fifth career, new NVCA Chairman Paul Maeder explains “bublet,” Founders Fund’s Sean Parker takes himself off the market, Garage Technology Ventures’ Bill Reichert is three days away from his birthday, and lots more.
OUT & ABOUT
Venture capitalists turned out in full force for this year’s annual meeting of the National Venture Capital Association in Boston. My colleague Joanna Glasner was there and shared some of her observations — including the significance of the line for the women’s bathroom — yesterday. Here are more of Joanna’s musings:
Happy Birthday to Venture (and Bob Metcalfe)… Bob Metcalfe turned 65 yesterday -– and he wasn’t afraid afraid to tell everyone. The Ethernet inventor, 3Com founder, Polaris Venture Partners partner and, most recently professor of innovation at the University of Texas at Austin, announced the milestone to a mostly-VC audience of several hundred.Continue
In this week’s Social Scene, Hollywood falls back in love with venture capital, the Google Ventures team goes Gaga, Don Valentine gets his closeup, Peter Wagner sees a sign of the Apocalypse, Jim Clark and his supermodel wife are expecting their first child, and lots more.
Have a personal tidbit you’d like to share about yourself or a friend/colleague? Email me at [email protected] I’m looking for birthdays, baby announcements, marriages, new car/boat/house/fill-in-the-blank purchases, funny quotes, vacation pics, snaps from industry events — you get the picture.
MAKING THE SCENE
In yet another ominous sign that we may be repeating the past, Hollywood is suddenly finding venture capitalists interesting again. To wit, comedian Adam Sandler is co-producing a CBS sitcom that will be set in a VC office, and the HBO dramaContinue
The February issue of Venture Capital Journal features an interview with Peter Wagner, who leads Accel Partners’ cleantech effort. While other firms seem to be pulling back from the once-heated space, Accel is ramping up its effort. VCJ Senior Editor Mark Boslet spoke to Wagner (pictured) to find out why Accel appears to be taking […]Continue
The energy industry is wrestling with the challenge of motivating indifferent homeowners to become interested in home energy management–so far unsuccessfully. The killer app has not been found. Sure, companies such as VC-backed OPower have demonstrated some success engaging consumers and reducing power use. But what will turn niche market into mass market? Accel Partners’ […]Continue