Adallom snaps up $30 mln

Palo Alto, California-based Adallom, a cloud access security broker, has secured $30 million in funding. The investors included Hewlett Packard Ventures, Rembrandt Venture Partners, Sequoia Capital and Index Ventures. In conjunction with the funding, Rembrandt’s Gerald Casilli has been added to Adallom’s board.

Visitors walk at the Alcatel-Lucent booth at the Mobile World Congress in Barcelona
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peHUB First Read

First Read ushers in your morning with news Nokia is in talks to acquire rival Alcatel-Lucent, top 1% pay nearly half of federal income taxes and visa applications from highly skilled tech and science workers in U.S. hit record high.

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VarageSale raises $34 mln

VarageSale has raised $34 million from investors including Sequoia Capital and Lightspeed Ventures. Toronto-based VarageSale, a virtual garage sale, is an app where users can buy and sell items.

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KPCB leads Series B round for DoorDash

On-demand delivery company DoorDash has secured $40 million in Series B funding, it was announced in a blog post. Kleiner Perkins Caufield & Byers led the round with participation from return backers Sequoia Capital, Khosla Ventures and Charles River Ventures. In conjunction with the funding, John Doerr of KPCB has been added to the company’s board. To read more about the funding, visit here.

 

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Security Scorecard fetches $12.5 mln

New York City-based Security Scorecard, a provider of global threat intelligence and risk awareness, has raised $12.5 million in Series A funding. Sequoia Capital led the round with participation from previous backers Boldstart and Evolution Equity Partners. In conjunction with the funding, Michael Goguen, a partner at Sequoia, has been added to Security Scorecard’s board.

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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.

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Birst raises $65 mln led by Wellington

Birst, a provider of cloud-based business intelligence and analytics, has raised $65 million in funding.  Wellington Management Company LLP led the round and was joined by existing investors Sequoia Capital, Hummer Winblad, DAG Ventures and Northgate Capital. The San Francisco-based company has now raised $156 million in total financing.

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Sequoia leads $8.7 mln round for Orbital Insight

Orbital Insight said it raised $8.7 million of Series A financing in a round led by Sequoia Capital and joined by new investor Google Ventures and existing investors Bloomberg Beta, citizen.vc and Lux Capital. Sequoia Partner Bill Coughran has joined the board. 

VC-backed Docker buys Kitematic

Docker Inc has acquired Kitematic, an open source software tool provider. No financial terms were disclosed. Docker is backed by AME Cloud Ventures, Benchmark, Greylock Partners, Insight Venture Partners, Sequoia Capital, SV Angel, Trinity Ventures and Y Combinator.

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Docker acquires VC-backed SDN startup SocketPlane

Docker Inc has bought software-defined networking startup SocketPlane. No financial terms were disclosed. Docker is backed by AME Cloud Ventures, Benchmark, Greylock Partners, Insight Venture Partners, Sequoia Capital, SV Angel, Trinity Ventures and Y Combinator.

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Chinese used car trading platform Cheyipai fetches $110 mln

China-based used car trading platform Cheyipai has raised $110 million in Series D funding. Renren Inc led the round with participation from Sequoia Capital, Matrix China, Morningside Ventures and CITIC Capital. Hina Group was the financial advisor.

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Lifecode seals $20.5 mln Series A

Foster City, California-based Lifecode Inc, a next-generation sequencing based molecular diagnostics company, has secured $20.5 million in Series A funding. Sequoia Capital, The Mayo Clinic and Mayo Ventures led the round.

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Springpath seals $34 mln

Sunnyvale, California-based Springpath, a provider of enterprise-grade storage and data management software, has raised $34 million from Sequoia Capital, New Enterprise Associates and Redpoint Ventures. Springpath has been in stealth mode since May 2012.

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Practo grabs $30 mln Series B

According to a blog post on its site, Practo, a doctor search engine, has raised $30 million in Series B funding. The investors were Sequoia Capital and Matrix Partners. To read the announcement, visit here.

FreeCharge raises $80 million in new funds-Reuters

Indian firm FreeCharge, inventor of an online mobile phone and utilities bill payment service which is already backed by U.S. venture capital investor Sequoia Capital, said on Friday it has got a further $80 million in fresh funding from investors including Valiant Capital Management & Tybourne Capital Management.

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