Fuze racks up $112 mln in Summit Partners-led round

By Iris Dorbian — 3 days ago

Summit Partners has led a $112 million funding round for Cambridge, Massachusetts-based Fuze, a unified communications platform provider. Other investors were Bessemer Venture Partners and Technology Crossover Ventures. In addition to this funding, Bruce Evans, a managing director at Summit, has been added to Fuze’s board of directors.

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VC-backed Elevate Credit delays IPO

By Iris Dorbian — 3 weeks ago

Elevate Credit, which is backed by Sequoia Capital and Technology Crossover Ventures, has postponed the pricing of its IPO due to current market volatility. Elevate is a online credit solutions provider.

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VC-backed GoFundMe taps ex-White House communications director for VP role

By Iris Dorbian — 2 months ago

California-based crowdfunding site GoFundMe has hired Dan Pfeiffer as vice president of communications and policy. Pfeiffer is the former senior advisor and White House communications director for President Obama. GoFundMe is backed by Accel Partners, Greylock Partners, Technology Crossover Ventures, Iconiq Capital, Stripes Group and Meritech Capital.

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Adam Levine and TCV back Varsity Tutors

By Iris Dorbian — 3 months ago

Varsity Tutors, a live learning platform for private tutors in the U.S., has raised $50 million in Series B funding. The investors included Technology Crossover Ventures and musician and TV personality Adam Levine. In addition to the funding, Woody Marshall, a general partner at TCV and Erik Blachford, former CEO of Expedia, Hotwire and Hotels.com, have been added to Varsity Tutors’ board of directors.

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Perfecto Mobile pulls in $35 mln

By Iris Dorbian — 3 months ago

Perfecto Mobile, a provider of high-quality digital and mobile experiences for businesses, has secured $35 million in funding. The investors were Technology Crossover Ventures, FTV Capital, Carmel Ventures, Globespan Capital Partners and Vertex Ventures. The capital will be used for product expansion.

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Thoma Bravo buys iPipeline

By Iris Dorbian — 6 months ago

Thoma Bravo has acquired Exton, Pennsylvania-based iPipeline, a tech provider of cloud-based software solutions for the life insurance sector. The sellers were NewSpring Capital, Technology Crossover Ventures and Volition Capital. No financial terms were disclosed. Golub Capital and Ares Capital Corp provided funding for the deal. Credit Suisse was the lead financial advisor to iPipeline on the transaction while Bank of America Merrill Lynch and William Blair served as co-advisors.

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IQMS pulls in $40 mln

By Iris Dorbian — 6 months ago

IQMS, a maker of ERP software, has raised $40 million in funding. The investors were Technology Crossover Ventures and Banneker Partners. In addition to the investment, IQMS has appointed Gary Nemmers as its new CEO while Randy Flamm, the founder of IQMS, will transition to chief product officer and remain as chairman of the board of directors.

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VC-backed security data provider Rapid7 goes public

By Iris Dorbian — 7 months ago

Security data and analytics provider Rapid7 has debuted its IPO after pricing its 6.45 million shares at $16 per share. The stock began trading Friday on the NASDAQ under the ticker symbol “RPD.” Morgan Stanley & Co. LLC and Barclays Capital Inc are serving as the lead underwriters. Rapid7 is backed by Bain Capital and Technology Crossover Ventures.

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Alarm.com IPO raises $98 mln

By Luisa Beltran — 8 months ago

Alarm.com Holdings Inc. raised $98 million when it priced 7 million shares at $14 each. Alarm.com is offering all of the shares. Shares are expected to trade Friday on the Nasdaq under the ticker “ALRM.” Vienna, Virginia-based Alarm.com provides a connected home platform solution. Backers include ABS Capital and Technology Crossover Ventures.

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Dollar Shave Club nabs $75 mln Series D

By Iris Dorbian — 8 months ago

The Dollar Shave Club has raised $75 million in Series D funding, according to the company. The investors in this round include Technology Crossover Ventures, Dragoneer, Comcast Ventures and Forerunner Ventures. The capital infusion will be used for growth and expansion. Based in Venice, California, the Dollar Shave Club is a provider of razors and other personal grooming products.

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OneSource Virtual racks up $150 mln

By Iris Dorbian — 8 months ago

Irving, Texas-based OneSource Virtual, a Business Process as a Service provider, has raised $150 million in funding. The investors were Technology Crossover Ventures and Halyard Capital. William Blair & Company LLC served as the advisor on the transaction.

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HireVue racks up $45 mln

By Iris Dorbian — 8 months ago

Team Acceleration platform HireVue has raised $45 million in funding. Technology Crossover Ventures led the round with participation from other investors that included Sequoia Capital, Granite Ventures, Investor Growth Capital, Peterson Ventures and Rose Park Advisors’ Disruptive Innovation Fund. In addition to the funding, Nari Ansari, a principal at TCV, has been added to HireVue’s board of directors.

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VC-baced Avalara acquires EZtax

By Iris Dorbian — 9 months ago

Avalara has bought EZtax, a tax compliance solutions provider for the telecommunication sector. No financial terms were disclosed. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.

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