Murray joins Revolution Growth

By Luisa Beltran — 3 weeks ago

Revolution Growth said Tuesday that Steve Murray has joined the VC firm. Murray was previously with Softbank where he oversaw investments in companies including Fitbit, xAd and Kabbage.

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Carlyle and Revolution Growth acquires LDiscovery

By Iris Dorbian — 1 month ago

The Carlyle Group and Revolution Growth have acquired LDiscovery LLC, a McLean, Virginia-based eDiscovery services provider. No financial terms were disclosed. Also, LDiscovery has named Daniel F. Akerson as chairman. Akerson is the former chairman and CEO of General Motors and the former global buyout head at Carlyle. LDiscover was backed by WestView Capital Partners.

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Revolution Growth appoints four as VPs

By Iris Dorbian — 2 months ago

Revolution Growth has named Kristin Gunther, Ashley Larson and Chris Hughes as vice president. Also, the Washington, D.C.-based venture firm has promoted Meredith Balenske to vice president of communications. Gunther and Larson’s appointments became effective November 30, 2015 while Hughes will come on board on January 11, 2016.

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Revolution Growth, Mark Cuban and Michael Jordan back Sportradar

By Iris Dorbian — 3 months ago

Sportradar, a provider of provider of sports data and information, has raised $44 million in funding. Revolution Growth led the round with participation from Dallas Mavericks’ owner Mark Cuban and former NBA superstar Michael Jordan. The latter two will join Sportradar’s U.S. board in addition to Ted Leonsis, co-founder of Revolution Growth and owner of the Washington Capitals, Wizards and Mystics. EQT is a previous backer of Sportradar.

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Self-storage marketplace SpareFoot snags $33 mln

By Iris Dorbian — 11 months ago

SpareFoot, an Austin-based online marketplace for self-storage, has received $33 million in funding. Revolution Growth led the round with participation from Insight Venture Partners and Monkfish Equity. In conjunction with the financing, Scott Hilleboe, a partner at Revolution Growth, and entrepreneur Rony Kahan, co-founder and chairman of job search engine Indeed, have been appointed to SpareFoot’s board of directors.

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Optoro nets $50 mln Series C in KPCB-led round

By Iris Dorbian — 1 year ago

Optoro has raised $50 million in Series C funding in a round led by Kleiner Perkins Caufield & Byers. Other investors were Generation Investment ManagementRevolution Growth, Grotech Ventures and SWaN & Legend Venture Partners. In conjunction with the funding, Daniel Oros, a partner at KPCB, has been added to its board. Based in Washington, D.C. and Maryland, Optoro is a provider of solutions that lets retailers and manufacturers increase revenue from returned and excess inventory.

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Learning platform Echo360 nets $18 mln Series C

By Iris Dorbian — 1 year ago

Echo360, a learning platform provider, has raised $18 million in Series C funding. Duchossois Capital Management and a private family office led the round with participation from SWaN & Legend, CNF Investments and previous backer Revolution Growth.

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VC-backed Handy buys Mopp

By Iris Dorbian — 1 year ago

New York City-based on-demand home cleaning and repair service Handy (formerly known as Handybook) has acquired UK-based cleaning service Mopp, the latter confirmed in a blog post on its site. No financial terms were disclosed. Handy’s backers include Revolution Growth, General Catalyst and Highland Capital. To read the announcement, visit here.

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Revolution Growth leads Series B round for Handybook

By Iris Dorbian — 2 years ago

Handybook, a New York City-based on-demand home cleaning and repair service, said Wednesday that it has raised $30 million in Series B funding. Revolution Growth led the round with participation from previous backers Highland Capital Partners and General Catalyst Partners. According to the firm, the capital will be used for personnel hiring and product building.

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VC-backed Bigcommerce announces new hires

By Iris Dorbian — 2 years ago

Bigcommerce has named West Stringfellow as chief product officer and Ron Pragides as vice president of engineering. The firm has also opened a new office in San Francisco. An e-commerce platform for SMBs, Bigcommerce is backed by Steve Case’s Revolution Growth, General Catalyst Partners and FLOODGATE.

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Revolution Growth Backs Education Through Echo360

By Angela Sormani — 4 years ago

Echo360, a platform which delivers classroom lecture and supplemental materials to higher-education institutions has secured backing from Revolution Growth. The business will use the funding to accelerate the deployment of its transformative technology platform in colleges and universities with the aim of reaching 50 percent of all U.S. college students within five years. Echo360 is […]

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Steve Case: Washington is No Also-Ran

By Connie Loizos — 4 years ago

Recently, Washington Post columnist Steve Pearlstein wrote a wake-up call to the nation’s capital. In it, he argued that while “local economic boosters love to remind anyone who will listen that the Washington region boasts the greatest concentration of technical or knowledge workers in the country,” the claim is “misleading.” The reality, wrote Pearlstein, is that […]

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Revolution Growth Closes Fund with $450M

4 years ago

Revolution Growth, which is led by former America Online executives Steve Case, Ted Leonsis and Donn Davis, has closed its new fund with $450 million in commitments. The Hillman Company is among the fund’s 24 limited partners, according to a written release from Revolution.

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