VC-backed HomeAway invests in Turkish vacation rental site Flat4Day

By Iris Dorbian — 9 months ago

HomeAway Inc, a Austin, Texas-based online marketplace for vacation rentals, has acquired a minority stake in Flat4Day for $2 million. Based in Turkey, Flat4Day is a vacation rental website. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.

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VC-backed Alarm.com files for IPO

By Iris Dorbian — 9 months ago

Vienna, Virginia-based Alarm.com Holdings, a connected home platform solution, has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. The company plans on trading the stock on the NASDAQ under the ticker symbol “ALRM.” Goldman, Sachs & Co, Credit Suisse Securities LLC and BofA Merrill Lynch are serving as the lead underwriters. Alarm.com’s backers include ABS Capital and Technology Crossover Ventures.

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VC-backed Rapid7 buys NTO

By Iris Dorbian — 9 months ago

Rapid7, which is backed by Bain Capital and Technology Crossover Ventures, has acquired NT OBJECTives. No financial terms were disclosed. Based in Irvine, California, NTO is a provider of web and mobile application security testing solutions.

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VC-backed Avalara appoints CMO

By Iris Dorbian — 10 months ago

Bainbridge Island, Washington-based Avalara, which provides software for sales tax and other transactional tax compliance, has named Michael J. Turner as chief marketing officer. Previously, Turner was CEO and president at 1-800-DENTIST. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.

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SeatGeek nets $62 mln in TCV-led round

By Iris Dorbian — 10 months ago

New York City-based ticket search engine SeatGeek has secured $62 million in Series C funding. Technology Crossover Ventures led the round with participation from other investors such as Accel, Causeway Media Partners and Mousse Partners. In addition to the funding, Daniel O’Keefe, a general partner at TCV, has been added to SeatGeek’s board.

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TCV, Salesforce fuel FinancialForce.com with $110 mln

By Alastair Goldfisher — 11 months ago

FinancialForce.com, a provider of enterprise resource planning services, has raised $110 million in new funding. New investors Technology Crossover Ventures led the round, with participation from existing investor Salesforce Ventures. The San Francisco-based company has now raised $220 million in total funding, including a $50 million infusion by Advent International in April 2014. As part of the latest funding, Tim McAdam, general partner at TCV, has joined the board.

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Rover grabs $25 mln in TCV-led round

By Iris Dorbian — 11 months ago

Seattle-based Rover.com, a network that connects dog owners with dog sitters, has raised $25 million in funding. Technology Crossover Ventures led the round with participation from return backers Foundry Group, Madrona Venture Group, Menlo Ventures and Petco. Also, Rover has appointed Jeremy Wacksman, Zillow‘s vice president of marketing and product management, to Rover’s board of directors.

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VC-backed Avalara recruits Falle as North American channel chief

By Iris Dorbian — 12 months ago

Bainbridge Island, Washington-based Avalara, which provides software for sales tax and other transactional tax compliance, has hired Patrick Falle as North American channel chief. Previously, Falle worked at Imperva where he served as director of sales and was a founding employee. Avalara’s backers include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures and Arthur Ventures.

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TCV leads $100 mln round for WorldRemit

By Iris Dorbian — 12 months ago

London-based online money transfer service WorldRemit has secured $100 million in Series B funding. Technology Crossover Ventures led the round with participation from previous backer Accel Partners. William Blair advised TCV on the transaction. In addition to the funding, TCV’s John Rosenberg has been added to WorldRemit’s board.

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VC-backed Elevate appoints COO

By Iris Dorbian — 1 year ago

Online credit solutions provider Elevate has named Jason Harvison as chief operating officer. Previously, Harrison was the company’s chief product officer. Elevate’s backers include Sequoia Capital and Technology Crossover Ventures.

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Avalara nets $42 mln

By Iris Dorbian — 1 year ago

Avalara Inc, which provides cloud-based software for sales tax and other transactional tax compliance, has raised $42 million in funding. The investors included Technology Crossover Ventures and Warburg Pincus.

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TCV promotes two to GP and one to principal

By Iris Dorbian — 1 year ago

Technology Crossover Ventures has promoted Ted Coons and Daniel O’Keefe to general partners and Sean Giese to principal. Coons and O’Keefe are based in New York while Giese is in the firm’s Palo Alto, Calif. headquarters. Prior to joining TCV, Coons was a managing director at Blackstone; O’Keefe was a principal at North Bridge and a senior vice president at Pequot Capital; and Giese worked at Deutsche Bank in the tech M&A group.

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