Stripes Group leads Series D round for Udemy

San Francisco-based online education marketplace Udemy has secured $65 million in Series D funding. Stripes Group led the round with participation from Norwest Venture Partners and Insight Venture Partners. In conjunction with the funding, Ken Fox, a founder and managing partner of Stripes Group, has been added to Udemy’s board of directors.


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.


Stripes Group closes SG Growth Partners III

Stripes Group has closed its third institutional fund vehicle, SG Growth Partners III. The fund attracted $500 million of commitments from institutional investors reaching both its target and hard-cap.

PE top 10 larry and shutterstock_121959277

Top 10 posts: private equity

Trending in private equity news this week: Chicago Growth alums round up $350 million for new effort, TA is hungry for SkinnyPop, and Dyal Capital is looking for a PE senior associate.


Accel Partners and Stripes Group back stock media firm Pond5

Pond5, a New York-based online marketplace for video footage and stock photos, said Wednesday that it has secured $61 million in financing. The investors were Accel Partners and Stripes Group. According to the firm, the capital infusion will be used for growth, hiring and product development.


VC-backed Refinery29 hires Zalaznick as strategic advisor

New York-based media company Refinery29 has hired Lauren Zalaznick as a strategic advisor. Recently, Zalaznick served as executive vice president at NBCUniversal. Refinery29’s backers include Stripes Group, FLOODGATE, First Round, Hearst Corp., Lerer Ventures and Eastern Capital.


Blue Apron racks up $50 mln

Blue Apron said Wednesday that it has closed $50 million in funding. Stripes Group led the round with participation from previous investors that included Bessemer Venture Partners and First Round Capital. According to the firm, the capital infusion will be used for growth. Based in New York, Blue Apron is a delivery service of fresh ingredients for home-cooked meals.

Stripes Group Backs Audio Network

Stripes Group has made a significant minority investment in Audio Network, a London-based, international music platform that specializes in providing music for film, television, advertisements and online video use on a subscription basis. Stripes Group acquired an approximate 27 percent equity stake in Audio Network with the majority of its stake purchased from early angel investors.

Stripes Group Completes MyWebGrocer Sale

Stripes Group, a technology and consumer focused growth equity firm, has sold the entire stake held by SG Growth Partners I, L.P. in MyWebGrocer, a provider of digital marketing solutions for grocery stores and global consumer packaged goods (CPG) companies. As part of the private transaction, HGGC, a middle market private equity firm, completed a growth equity investment in the company.

Krossover Raises $3.5M In Angel Funding

Krossover said it raised $3.5 million in angel funding last year in a deal led by Ken Fox, managing partner of the Stripes Group; George Raveling, director of Nike Basketball International; Greg Cangialosi, CEO of Nucleus Ventures LLC;, David Troy, CEO of 410Labs; and other angels. The funding brings the capital raised by the sports […]

Elance Inks $16m Expansion Capital

Elance, an Internet platform used by businesses to gain instant access to independent workers online, has secured $16 million in expansion capital. The investment was led by the Stripes Group with existing investors, New Enterprise Associates and Kleiner Perkins Caufield & Byers, participating. PRESS RELEASE Elance, the Internet platform used by businesses to gain instant […]

Stripes Takes Minority Stake in eMarketer

Business information provider eMarketer has secured a $25 million minority investment from New York-based investment firm Stripes Group. Stripes’ equity stake was acquired by purchasing a portion of the equity held by early eMarketer investors, including the company’s major shareholder, Beehive Ventures and the company’s founders. PRESS RELEASE eMarketer, a business information provider covering digital […]

NY Boutique Preps Fund II, Might Need Placement Agent

Stripes Group is preparing to start raising its second fund earmarked for lower mid-market investments, a source close the effort told peHUB sister publication, Buyouts. The firm is currently in pre-marketing mode and is hoping to begin fundraising officially by 2012, or as early as the second quarter. It does not yet have a placement […]

PE HUB Community

Join the 12519 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