KFit snaps up $3.25 mln

Asia Pacific-based fitness sharing platform KFit has secured $3.25 million in funding. The backers included Sequoia Capital.

Sequoia backs La Renon

India-based La Renon Healthcare Pvt. Ltd, a pharmaceutical research, marketing and manufacturing company, has secured INR 100 crore in Series A funding. The investor was Sequoia Capital.


PicsArt inks $15 mln

San Francisco-based PicsArt, a photo editing and drawing app, has secured $15 million in funding. The investors were Insight Venture Partners and Sequoia Capital. According to the company, the capital will be used for global expansion and to develop new tools.


HireVue racks up $45 mln

Team Acceleration platform HireVue has raised $45 million in funding. Technology Crossover Ventures led the round with participation from other investors that included Sequoia Capital, Granite Ventures, Investor Growth Capital, Peterson Ventures and Rose Park Advisors’ Disruptive Innovation Fund. In addition to the funding, Nari Ansari, a principal at TCV, has been added to HireVue’s board of directors.

SumoLogic photo.low res

DFJ Growth leads investment in Sumo Logic

Sumo Logic, a provider of a data analytics platform, announced it has raised $80 million in a late-stage round led by DFJ Growth. New investor Institutional Venture Partners also participated in the funding, which included existing investors Greylock Partners, Sequoia Capital, Sutter Hill Ventures and Accel Partners. The Redwood City, Calif.-based company has now raised $160.5 million in total funding.


PlanGrid snaps up $18 mln from Sequoia

Construction software provider PlanGrid has secured $18 million in Series A funding from Sequoia Capital. In addition to the funding, Doug Leone, a partner at Sequoia, has been added to PlanGrid’s board of directors.


Lightspeed leads funding for marketing software developer Percolate

New  York-based Percolate, which provides a marketing software platform, announced it has raised a $40 million Series C round of funding led by Lightspeed Venture Partners. Existing investors Sequoia Capital, GGV Capital, First Round Capital and Lerer Hippeau Ventures also participated in the round. The company, founded in 2011, has now raised $74.5 million in total venture funding.


Tencent invests in Pocket Gems

Tencent has acquired a minority stake in Pocket Gems, a San Francisco-based developer of mobile games. Financial terms weren’t announced. The Wall Street Journal said Tencent has acquired a 20 percent stake for $60 million. Sequoia Capital is an investor of Pocket Gems.


MarkLogic scores $102 mln

Silicon Valley-based database platform provider MarkLogic Corporation, has secured $102 million in funding. Wellington Management Company LLP led the round with participation from other investors that included Arrowpoint Partners, Northgate Capital, Sequoia Capital and Tenaya CapitalAllen & Company provided financial advice to MarkLogic on the transaction.

Minaee joins Guardiant Health

Guardant Health said Thursday that it hired Mort Minaee as VP of Regulatory Affairs. Most recently, Minaee was the Senior Director of Regulatory Affairs at Roche-Ventana Medical Systems. Redwood City, California-based Guardant Health, a cancer testing provider, has raised $100 million in VC funding. Investors include Lightspeed Venture Partners, Formation8, Khosla Ventures and Sequoia Capital.

NVCA appoints True Ventures’ Callaghan as chairman

The National Venture Capital Association has named Jon Callaghan chairman of its board of directors. A founder and general partner of True Ventures, Callaghan is succeeding Scott Sandell, general partner of New Enterprise Associates. In addition to this appointment, ten new board members were announced at NVCA’s annual meeting held in San Francisco. Among them are Mike Carusi, general partner of Lightstone Ventures; Jeff Clavier, founder and managing director of SoftTech VC; Michael Dixon, a partner at Sequoia Capital; and Mary Meeker, a partner at Kleiner Perkins Caufield & Byers.

App Annie buys VC-backed Mobidia

According to a blog post on its site, App Annie has acquired Canadian mobile measurement company Mobidia. No financial terms were disclosed. App Annie’s backers include Institutional Venture Partners, Sequoia Capital, Greycroft Partners and IDG Capital Partners while Mobidia’s backers include BDC Venture Capital, British Columbia Discovery Fund and B.C. Advantage Funds. To read the announcement, visit here.

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