113 Views

IBM buys VC-backed Compose

IBM has acquired San Mateo, California-based Compose, a provider of database management solutions for developers. No financial terms were disclosed. According to Crunchbase, Compose’s backers included Trinity Ventures, Data Collective, Lerer Hippeau Ventures, SV Angel and Webb Investment Network.

132 Views

Managed by Q inks $15 mln

RRE Ventures has led a $15 million Series A funding round for Managed by Q, a smart office cleaning, management and maintenance platform. Other investors included Greycroft Partners, Homebrew, Sherpa Ventures, SV Angel, Steadfast Financial, actress Jessica Alba and NBA commissioner David Stern.

162 Views

David Lee leaves SV Angel

David Lee has left SV Angel, the seed fund he joined eight years ago and ran alongside angel Ron Conway. No explanation for the departure was readily available.

letterman_0-500x281
543 Views

peHUB First Read

First Read kicks off your morning with news that Altice is acquiring Suddenlink, Los Angeles raises its minimum wage to $15 and David Letterman prepares to sign off, serving as the longest late night talk show host in television history.

161 Views

Upfront Ventures leads $2.9 mln round for Silversheet

Los Angeles-based Silversheet, an intelligent credentialing platform provider, has received $2.9 million in seed funding. Upfront Ventures led the round with participation from other investors that included Rincon Venture Partners, SV Angel, Slow Ventures and BAM Ventures.

VC-backed Interana appoints VP of engineering

Menlo Park, California-based Interana, a provider of self-service analytics for event data, has named Rich Sanzi as vice president of engineering. Previously, Sanzi worked at NetApp, where he served as vice president of engineering. Interana is backed by Battery Ventures, Data Collective, Fuel Capital, Index Ventures, SV Angel and Y Combinator.

134 Views

Highfive garners $32 mln Series B

Redwood City, California-based Highfive, a provider of video conferencing device and cloud software for businesses, has received $32 million in Series B funding. Lightspeed Venture Partners led the round with participation from other investors that included Andreessen Horowitz, General Catalyst, Google Ventures, SV Angel, Aaron Levie of Box and Marc Benioff of Salesforce.com.

VC-backed Docker buys Kitematic

Docker Inc has acquired Kitematic, an open source software tool provider. No financial terms were disclosed. Docker is backed by AME Cloud Ventures, Benchmark, Greylock Partners, Insight Venture Partners, Sequoia Capital, SV Angel, Trinity Ventures and Y Combinator.

127 Views

Docker acquires VC-backed SDN startup SocketPlane

Docker Inc has bought software-defined networking startup SocketPlane. No financial terms were disclosed. Docker is backed by AME Cloud Ventures, Benchmark, Greylock Partners, Insight Venture Partners, Sequoia Capital, SV Angel, Trinity Ventures and Y Combinator.

Twitter buys VC-backed Niche

Twitter has acquired Niche, the latter said in a blog post on its site. No financial terms were disclosed. Based in New York City and San Francisco, Niche is a startup that helps social media stars snag endorsement deals. Niche’s backers included SoftTech, Box Group, Lerer Hippeau Ventures, SV Angel, Advancit Capital and William Morris Endeavor. To read the announcement, visit here.

 

139 Views

Dining app Reserve books $15 mln

Dining app Reserve has raised $15 million in Series A funding, the company announced in a blog post on its site. Human Ventures Capital led the round with participation from other investors that included First Round, Lowercase Capital, Advancit Capital, Sherpa Ventures, SV Angel, Venture51, Visionnaire Ventures, Jared Leto, Jon Favreau and Will.i.am. To read more about the funding, visit here.

263 Views

DCM leads AnyPerk’s Series A round

AnyPerk announced it has raised $8.5 million in a Series A round that was led by DCM Ventures. Joining the round are Andreessen Horowitz; SV Angel; Y Combinator; Tony Hsieh and Zach Ware of Vegas Tech Fund; Tien Tzuo, CEO of Zuora; and Vayner RSE. As part of the funding, Osuke Honda, general partner of DCM Ventures, has joined the board. San Francisco-based AnyPerk, which helps companies of any size offer perks to its employees, previously raised $4.5 million in seed funding.

198 Views

Cargomatic hauls in $8 mln, as it aims to be the Uber of trucking

Cargomatic, which provides a shipment matching technology to connect truck drivers with those who need to move freight, has raised $8 million in Series A funding. Canaan Partners led the round and was joined by Volvo Group Venture Capital, Rob Estes of Estes Express, Morado Venture Partners, SV Angel, Sherpa Ventures, Winklevoss Capital, Structure Capital, Nicolas Berggruen, Scott Banister, Fritz Lanman and Hank Vigil. The Venice, Calif.-based company had raised $2.6 million last June.

165 Views

Pushbullet grabs $1.5 mln seed

San Francisco-based Pushbullet, a provider of cross-platform functionality solutions, has closed $1.5 million in seed funding. The investors included General Catalyst, SV Angel, Alexis Ohanian, Garry Tan and Paul Buchheit.

322 Views

Agricultural tech start-up FarmLogs pulls in $10 mln

FarmLogs, an agricultural tech start-up in Ann Arbor, Michigan, has received $10 million in Series B funding. The investors include Drive Capital, Huron River Ventures, Hyde Park Venture Partners, SV Angel and Sam Altman.

143 Views

San Francisco start-up Helium bags about $16 mln Series A

San Francisco-based Helium, an internet of things platform for smart machines, has raised about $16 million in Series A funding, the company announced in a blog post on its site. Khosla Ventures led the round with participation from other investors that included FirstMark Capital, Digital Garage, Marc Benioff and SV Angel. Also, Helium has hired Rob Chandhok as president and chief operating officer. Previously, Chandhok worked at Qualcomm. To read the post, visit here.

 

148 Views

Khosla Ventures leads $36 mln in Series B funding in Mesosphere

Khosla Ventures has led a $36 million Series B funding round in Mesosphere, which created a datacenter operating system. Other investors in the funding round include Andreessen Horowitz, Fuel Capital, SV Angel and others. Mesosphere has raised a total of $50 million, including $10.5 million in Series A funding in June led by Andreessen Horowitz.

139 Views

Kik Interactive picks up $38.3 mln Series C, also acquires Relay

Kik Interactive has closed $38.3 million in Series C funding. Valiant Capital Partners led the round with participation from Millennium Technology Value Partners, SV Angel, Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures. Also, Kik has bought GIF messenger Relay. No financial terms were disclosed. Headquartered in Waterloo, Ontario, Kik is a maker of chat network Kik.

PE HUB Community

Join the 12523 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