141 Views

APUS Group nets $100 mln Series B

Chinese Android application developer APUS Group has closed $100 million in Series B funding. Chengwei Capital, SIG and Qiming Venture Partners led the round with participation from return backers Redpoint Ventures and Northern Light Venture Capital.

425 Views

Khosla Ventures leads $22 mln round for Scribd

Subscription book service Scribd has received $22 million in funding. Khosla Ventures led the round with participation from other investors such as Redpoint Ventures, Charles River Ventures and Silicon Valley Bank. In addition to the financing, Keith Rabois has been added to Scribd’s board as an observer.

189 Views

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.

Solarflare taps ex-VSP Capital GP Hamm for board

Solarflare has named John Hamm to its board of directors. Hamm is a former GP at VSP Capital and venture partner at Redpoint Ventures. Based in Irvine, Calif., Solarflare is a provider of application-intelligent networking software and hardware.

Microsoft buys VC-backed Acompli

Microsoft has acquired San Francisco-based mobile email solutions provider Acompli, the latter confirmed in a blog post on its site. No financial terms were disclosed. Acompli’s backers included Felicis Ventures, Harrison Metal and Redpoint Ventures. To read the announcement, visit here.

 

137 Views

Storm Ventures leads $9 mln round for Scripted.com

Scripted.com, a provider of written content on demand, has closed $9 million in Series B funding. Storm Ventures led the round with participation from previous backers Crosslink Capital and Redpoint Ventures. In conjunction with the financing, Tae Hea Nahm of Storm Ventures has been added to Scripted’s board of directors.

195 Views

Redpoint Ventures leads Series A round for Memoir

New York City-based photo sharing app Memoir has raised $5.5 million in Series A funding. Redpoint Ventures led the round with participation from other investors that included Thrive Capital, Founder Collective, Box Group, Lerer Hippeau Ventures and Joel Spolsky.

102 Views

Gogbot pulls in $20 mln

San Francisco-based Gogobot, a social travel site, has received $20 million in Series C funding. HomeAway led the round with participation from return backers Redpoint Ventures and Battery Ventures. In conjunction with the funding, HomeAway CEO Brian Sharples has been appointed to Gogobot’s board of directors. According to the company, the capital will be used for growth and expansion.

134 Views

VC-backed Infer appoints Herbold as chief revenue officer

Palo Alto, Calif.-based Infer, a provider of predictive business applications that help companies win more customers, has hired Jim Herbold as chief revenue officer. Previously, Herbold worked at Box. Infer’s backers include Redpoint Ventures, Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures and Nexus Venture Partners.

109 Views

Redpoint Ventures leads $3.5 mln round for Riffsy

Riffsy has closed $3.5 million in seed funding. Redpoint Ventures led the round. According to the company, the capital will be used for product development. Riffsy is a provider of an app that lets people find, create and share animated GIFs.

188 Views

Parking valet app Luxe drives away with $5.5 mln

San Francisco-based parking valet app Luxe has received $5.5 million in seed funding, the company announced in a blog post on its site. The investors were Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures and Rothenberg Ventures. To read more about the funding, visit here.

192 Views

Snowflake Computing grabs $26 mln

Snowflake Computing, a Silicon Valley-based cloud data warehousing firm, has secured $26 million in funding. The investors were Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. In addition to the funding, John Walecka, founding partner of Redpoint Ventures, has been added to Snowflake’s board of directors.

227 Views

Beepi raises $60 mln in Series B funding

Beepi, a peer-to-peer marketplace to buy and sell cars online, has raised $60 million in Series B funding. Foundation Capital and SherpaVentures invested in the funding round, joining existing investors Redpoint Ventures, SherpaFoundry chief executive officer Tina Sharkey, OLX founder Fabrice Grinda, IG Expansion co-founder Jose Marin, Homeaway co-founder Brian Sharples, former Loopnet CEO Rich Boyle and Silicon Valley Bank.

114 Views

VC-backed Moogsoft hires CMO

Moogsoft has named Rob Markovich as chief marketing officer. Previously, Markovich worked at VSS Monitoring where he served as a senior vice president. Based in San Francisco, Moogsoft provides collaborative situation management for web-scale IT operations. Its backers include Wing Venture Capital and Redpoint Ventures.

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