Merganser Biotech snags $28 mln Series A

Merganser Biotech Inc, which focuses on treating rare blood and iron-related diseases, has secured $28 million in Series A financing. Novartis Venture Fund led the round with participation from Frazier Healthcare, Sutter Hill Ventures, Osage University Partners, BioAdvance and Stateside Developments. In addition to the funding, Markus Goebel of Novartis Venture Fund, James Topper of Frazier Healthcare and Jeffrey Bird of Sutter Hill Ventures have been added to Merganser’s board of directors. Also, Bill Harrington of Osage University Partners has been named as a board observer.

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Court Square to acquire Research Now

TA Associates, Polaris Partners and Sutter Hill Ventures have agreed to sell their stakes in Research Now Group to Court Square Capital Partners. No financial terms were disclosed. Based in Plano, Texas, Research Now is a digital data collection provider.

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Glassdoor racks up $70 mln

Mill Valley, Calif.-based Glassdoor, an online jobs and career marketplace, has secured $70 million in funding. Google Capital and Tiger Global led the round with participation from Battery Ventures and Sutter Hill Ventures.

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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VC-backed Infer appoints Herbold as chief revenue officer

Palo Alto, Calif.-based Infer, a provider of predictive business applications that help companies win more customers, has hired Jim Herbold as chief revenue officer. Previously, Herbold worked at Box. Infer’s backers include Redpoint Ventures, Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures and Nexus Venture Partners.

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Snowflake Computing grabs $26 mln

Snowflake Computing, a Silicon Valley-based cloud data warehousing firm, has secured $26 million in funding. The investors were Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. In addition to the funding, John Walecka, founding partner of Redpoint Ventures, has been added to Snowflake’s board of directors.

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Benu Networks raises $27.7 mln

Benu Networks has raised a $27.7 million funding round. Liberty Global Ventures and Arris Group participated. Benu, which provides networking and software solutions for network operators deploying Wi-Fi and Cloud services, said it hired Dino Di Palma as its CEO. Existing investors include Spark Capital, Sutter Hill Ventures and Comcast Ventures.

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Streetline nabs $10 mln

Streetline, a smart parking company headquartered in Foster City, Calif., said Tuesday that it has raised $10 million in funding. The firm’s backers include Citi, Fontinalis Partners, RockPort Capital Partners, Sutter Hill Ventures, True Ventures and Qualcomm Ventures. In conjunction with the funding, Streetline has appointed Abe Yokell to its board of directors.

VC-backed OpenDNS hires CFO

OpenDNS has hired Burt W. Podbere as chief financial officer. Previously, Podbere worked at Net Optics where he served as CFO. Based in San Francisco, OpenDNS is a provider of internet security solutions. Its backers include Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital.

SumoLogic photo.low res
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Sequoia backs Sumo Logic

Sumo Logic has raised $30 million in a round led by Sequoia Capital, with participation from existing investors Greylock Partners, Sutter Hill Ventures and Accel Partners. Sumo Logic is a next generation machine data analytics company.

Internet security provider OpenDNS bags $35 mln

OpenDNS said Thursday that it has secured $35 million in funding. The investors were Greylock Partners, Sequoia Capital, Sutter Hill Ventures, Glynn Capital, Cisco, Evolution Capital, Lumia Capital, Mohr Davidow Ventures and Northgate Capital. Based in San Francisco, OpenDNS is a provider of internet security solutions.

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Kleiner Perkins leads oversubscribed round for Instart Logic

Instart Logic, which provides a cloud-based service for Web publishers to improve site performance over mobile and WiFi networks, has raised $26 million in Series C funding. Kleiner Perkins Caufield & Byers led the round, which included prior investors Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital. The Mountain View, Calif.-based company has now raised $43 million in total funding.

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Sutter Hill Ventures leads $35 mln round for Smartsheet

Smartsheet said Monday that it has raised $35 million in financing. Sutter Hill Ventures led the round with participation from return backers Insight Venture Partners and Madrona Venture Group. In conjunction with the funding, Jim White, managing director at Sutter Hill Ventures, has been added to Smartsheet’s board of directors. Based in Bellevue, Wash., Smartsheet is a provider of work management solutions.

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Mithril leads Series C round for train travel platform SilverRail

SilverRail said Monday that it has closed $40 million in Series C funding. Mithril Capital Management led the round with participation from return backers Canaan Partners, Sutter Hill Ventures and Brook Ventures. In addition to the funding, Ajay Royan, co-founder of Mithril, will join SilverRail’s board of directors. SilverRail is a train travel platform.

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Platfora nets $38 mln

Platfora said Wednesday that it has raised $38 million in funding. Tenaya Capital led the round with participation from Citi Ventures, Cisco, Allegis Capital, Andreessen Horowitz, Battery Ventures, Sutter Hill Ventures and In-Q-Tel. Based in San Mateo, Calif., Platfora is a provider of big data analytics solutions.

FoundationDB raises Series A

FoundationDB has closed $17 million in a Series A funding round led by Sutter Hill Ventures with additional investment from CrunchFund and existing angel investors. Sutter Hill managing director, Sam Pullara will join FoundationDB’s board of directors.

Infer Raises $10M From Redpoint, Andreessen, Sutter Hill, Others

Infer Inc. said it raised $10 million in Series A funding in a deal led by Redpoint Ventures and joined by Andreessen Horowitz, Social+Capital Partnership, Sutter Hill Ventures, and angel investors. Infer helps businesses accurately predict and act on their highest potential customers. Infer is developing software that helps companies identify high potential customers.

Andreessen Horowitz-Backed Instart Logic Raises Additional $17M

Mountain View, Calif.-based Instart Logic has emerged from stealth, announcing a $17 million Series B round. The funding brings the total amount raised by the company to $26 million, which the company is using to create a cloud-based solution to help mobile Web apps operate quicker. Investors include Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital, as well as individual investors from Silicon Valley.

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