177 Views

Guardant Health scores about $50 mln Series C

Redwood City, California-based Guardant Health, a cancer testing provider, has closed about $50 million in Series C funding. Lightspeed Venture Partners led the round with participation from Formation 8 and previous backers Khosla Ventures and Sequoia Capital.

VC-backed Elevate appoints COO

Online credit solutions provider Elevate has named Jason Harvison as chief operating officer. Previously, Harrison was the company’s chief product officer. Elevate’s backers include Sequoia Capital and Technology Crossover Ventures.

108 Views

Taykey collects $15 mln

Trends-based advertising solutions provider Taykey has raised $15 million in funding. The investors included Innovation Endeavors, MSR Capital, SoftBank Capital, Sequoia Capital, Marker LLC and Tenaya Capital.

304 Views

Ravello picks up $28 mln

Ravello Systems Inc, a nested virtualization software firm, has received $28 million in funding. Qualcomm Ventures and SanDisk Ventures led the round with participation from­ Sequoia Capital, Bessemer Venture Partners, Norwest Venture Partners and Vintage Investment Partners.

164 Views

Local transit app Moovit attracts $50 mln

San Francisco-based local transit app Moovit has raised $50 million in Series C funding. The investors were Nokia Growth Partners, BMW i Ventures, Keolis, Bernard Arnault Group, Vaizra Investments, BRM Group, Gemini Partners and Sequoia Capital.

VC-backed StrongView appoints chief strategy officer

Redwood City, California-based StrongView, an e-mail and cross-channel marketing solutions provider, has hired Dave Frankland as chief strategy officer. Previously, Frankland worked at Forrester Research and DoubleClick where he served in leadership positions. Its backers include Sequoia Capital, Evercore Partners, DAG Ventures and Globespan Capital Partners.

191 Views

Sequoia leads $12 mln Series B funding in Rounds

Live communication platform Rounds has raised $12 million in Series B funding. Sequoia Capital led the round with participation from other investors that included Samsung Ventures, Verizon Ventures, Rhodium and Draper Associates. According to the firm, the capital infusion will be used for growth and expansion.

290 Views

App Annie raises $55 mln from IVP, Sequoia, Greycroft, IDG

App Annie said it raised an oversubscribed Series D round of $55 million led by Institutional Venture Partners and joined by existing investors Sequoia Capital, Greycroft Partners and IDG Capital Partners. The app analytics company also launched Usage Intelligence, a mobile focused product generating usage data, such as active users, time spent and retention. The company, which tripled its revenue in 2014, has now raised $94 million. IVP General Partner Eric Liaw will join the board.

236 Views

Grocery delivery startup Instacart bags $210 mln

According to an SEC filing, Instacart, an on-demand grocery service, has raised $210 million in a targeted $220 million funding round. A company spokesperson declined to add further information. Last June, Instacart received $44 million in Series B funding. Andreessen Horowitz led the round with participation from previous backers Sequoia Capital, Khosla Ventures and Canaan Partners.

 

266 Views

Assurex Health picks up $30 mln

Mason, Ohio-based Assurex Health, a personalized behavioral health medicine firm, has raised $30 million in funding. The investors were American Financial Group, Cross Creek Advisors, Cincinnati Children’s Hospital Medical Center, Sequoia Capital, Claremont Creek Ventures, Mayo Clinic, CincyTech, Allos Ventures and Danmar Capital.

281 Views

Educational app platform maker Clever scores $30 mln

San Francisco-based Clever, an educational app platform provider, has closed $30 million in funding. The investors were Lightspeed Venture Partners, Sequoia Capital, GSV Capital and Peter Thiel. According to the company, the capital infusion will be used for growth and to meet consumer demand.

230 Views

Sequoia Capital to raise 15th venture fund

Sequoia Capital said it is raising a 15th venture fund, according to a document filed with the Securities and Exchange Commission. The filing did not list a target for Sequoia Capital U.S. Venture Fund XV, but did say that an initial sale has not taken place.

104 Views

Altiscale pulls in $30 mln in Northgate-led round

Altiscale, a Palo Alto, Calif.-based provider of HaaS solutions, has received $30 million in Series B funding. Northgate led the round with participation from return backers Sequoia Capital and General Catalyst Partners. Also, the firm has hired Michael Maciag as chief operating officer.

ThousandEyes reels in $20 mln

ThousandEyes, a San Francisco-based provider of IT performance management, has secured $20 million in Series B funding. Sutter Hill Ventures led the round with participation from other investors that included Salesforce Ventures and previous backer Sequoia Capital. In addition to the funding, Stefan Dyckerhoff, managing director at Sutter Hill Ventures, has been appointed to ThousandEyes’ board.

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