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.


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.


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.


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.


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.


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.


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.


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.


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.


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.


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.

PE HUB Community

Join the 12518 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget