Lifesize spins off from Logitech, grabs $17.5 mln

By Iris Dorbian — 1 month ago

Lifesize, a video communications solutions provider, has spun off from Logitech International and raised $17.5 million in funding . The new private company’s investors are Redpoint Ventures, Sutter Hill Ventures and Meritech Capital Partners. Logitech will retain a stake in Lifesize.

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Big data company Platfora reels in $30 mln

By Iris Dorbian — 2 months ago

Platfora, a big data discovery platform, has raised $30 million in funding. The investors were HSBC, Harmony Partners, Allegis Capital, Andreessen Horowitz, Battery Ventures, Citi Ventures, Cisco, Sutter Hill Ventures and Tenaya Capital.

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Bracket Computing nabs more than $45 mln Series C

By Iris Dorbian — 4 months ago

Mountain View, California-based Bracket Computing, a provider of virtual infrastructure software, has raised more than $45 million in Series C funding. The investors included Fidelity Management and Research Company, Goldman Sachs, Allegis Capital, Andreessen Horowitz, ARTIS Ventures, Columbus Nova Technology Partners, Norwest Venture Partners and Sutter Hill Ventures.

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Illumina, Warburg, Sutter Hill Ventures form Helix

By Luisa Beltran — 6 months ago

Illumina Inc., Warburg Pincus and Sutter Hill Ventures said Tuesday they have formed Helix, which has received more than $100 million in financing commitments. San Francisco-based Helix will reportedly serve as a digital hub for an individual’s genetic information, the New York Times said. The Center for Individualized Medicine at Mayo Clinic, which is collaborating with Helix, has also made a strategic investment.

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Menlo Security attracts $25 mln Series B

By Iris Dorbian — 8 months ago

Menlo Park, California-based Menlo Security, a cyber security company that has launched from stealth mode, has raised $25 million in Series B funding. Sutter Hill Ventures led the round with participation from return backers General Catalyst, Osage University Partners and Engineering Capital.

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Actiance raises $28 mln in late-stage funding

By Alastair Goldfisher — 9 months ago

Actiance, a provider of enterprise communications, announced it has raised $28 million in a late-stage growth investment. New investor Golub Capital joined existing investors Credit Suisse NEXT Investors, JK&B Capital, Scale Venture Partners and Sutter Hill Ventures. The Redwood City, Calif.-based company, formerly known as FaceTime Communications, raised a $15.6 million venture round in 2007.

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Merganser Biotech snags $28 mln Series A

By Iris Dorbian — 12 months ago

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

By Iris Dorbian — 1 year ago

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

By Iris Dorbian — 1 year ago

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.

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ThousandEyes reels in $20 mln

By Iris Dorbian — 1 year ago

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

By Iris Dorbian — 1 year ago

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

By Iris Dorbian — 1 year ago

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

By Luisa Beltran — 1 year ago

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

By Iris Dorbian — 2 years ago

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.

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