158 Views

ToutApp scores $15 mln Series B

Sales platform ToutApp has secured $15 million in Series B funding. Andreessen Horowitz led the round with participation from previous backers Sigma West, Founder Collective, 500 Startups and the Launch Fund. In addition to the funding, Scott Weiss of Andreessen Horowitz has been appointed to ToutApp’s board of directors.

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CRM platform Sparkcentral pulls in $12 mln Series B

San Francisco-based CRM platform Sparkcentral has secured $12 million in Series B funding. Split Rock Partners led the round with participation from return backer Sigma West. As a result of the funding, Split Rock will receive a seat on Sparkcentral’s board.

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JMI Equity leads $20 mln round for Seismic

Seismic, a provider of sales enablement solutions, has raised $20 million in Series B funding. JMI Equity led the round with participation from other investors that included Sigma West. In conjunction with the funding, Peter Arrowsmith, a general partner at JMI, has been added to Seismic’s board of directors.

170 Views

Online workplace Elance-oDesk grabs $30 mln

Mountain View, Calif.-based online workplace Elance-oDesk has received $30 million in funding. Benchmark led the round with participation from other investors that included T. Rowe Price, FirstMark, Sigma West, NEA and the Stripes Group.

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Hot dating apps urging more VCs to swipe right

The growth of Tinder and other online social and dating apps is drawing plenty of interest from VCs, who are hot and bothered over the online dating sector.

369 Views

Sequoia backs athletic network Strava

Sporting network Strava has raised $18.5 million in funding. The investors were Sequoia, Sigma West and Madrone Capital Partners. According to the firm, the capital will be used for expansion.

Omniata scores $5.2 mln

Omniata said Wednesday that it has closed $5.2 million in Series A financing. Creandum led the round with participation from previous backer Sigma West. Based in San Francisco, Omniata is a unified digital platform.

AlienVault Raises $26.5M From GGV, Trident, Kleiner, Adara, Others

AlienVault said it raised $26.5 million of Series D funding in a deal led by GGV Capital and joined by existing investors Trident Capital, Kleiner Perkins Caufield & Byers, Sigma West and Adara Venture Partners. Other new investors include Top Tier Capital and Correlation Ventures. The funding will be used to scale the company’s sales and marketing efforts.

Sigma West Leads Seismic’s Series A

Seismic, which provides a cloud-based enterprise content management system, has raised a $4.5 million Series A funding round led by Sigma West. Encinitas, Calif.-based Seismic was founded in mid-2011 and this is its first institutional round. Sigma West Managing Director Peter Solvik has joined the company board.

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A VC Lets a Bet Ride: the Story of Strava

Venture capitalist Greg Gretsch believes the social media company Strava is poised to become the “number one sports brand of the 21st century.” The question is whether Gretsch has landed on the ground floor of one of America’s next big companies or gotten way ahead of himself.

Could New York’s Startup Scene Hit the Wall in 2013?

In recent years, buttoned-down New York City has become an epicenter of open-collared consumer Web startups, with one hot brand after another drawing in users and venture capital in tandem. But the city that doesn’t sleep may have to work through the night reinventing itself if investors’ growing infatuation with all things enterprise goes unabated.

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