165 Views

Lending platform Upstart grabs $35 mln

Upstart has secured $35 million in Series C funding, according to a blog post by CEO Dave Girouard. Third Point Ventures led the round with participation from other investors that included Khosla Ventures, First Round Capital and Collaborative Fund. Based in Palo Alto, California, Upstart is a lending platform that aims to finance people based on signs of their potential including employment history and academic performance.

 

199 Views

Third Point leads $30 mln funding of cloud security provider Elastica

Elastica, a provider of cloud app security services, has raised a $30 million Series B round of funding. Third Point Ventures led the funding, which included Mayfield Fund, Telstra and Pelion Ventures. The San Jose, Calif.-based company previously raised a $6 million Series A round. As a result of the latest round, Robert Schwartz from Third Point has joined the Elastica board.

267 Views

Alternative lender SoFi snags $200 mln Series D

Alternative lender Social Finance Inc has raised $200 million in Series D funding. Third Point Ventures led the round with participation from other investors that included Wellington Management Company LLP and Institutional Venture Partners. Goldman Sachs was the placement agent.

144 Views

Krimmeni Technologies fetches $11.7 mln Series A

Cyber security firm Krimmeni Technologies has received $11.7 million in Series A funding The backers were Third Point Ventures and Pelion Venture Partners. Concurrent with the funding, Robert Schwartz, managing partner at Third Point and Carl Ledbetter, managing director at Pelion, have been added to Krimmeni Technologies’ board of directors.

KidoZen secures Series A

Private enterprise mobile platform company KidoZen, has received a $5 million Series A financing from Third Point Ventures. KidoZen is a next generation enterprise mobile application platform that provides enterprise-ready backend capabilities to mobile applications.

Intelleflex Adds $9M in VC

Santa Clara, Calif.-based Intelleflex has raised $9 million in what it says is an extension to its Series A round. Investors include Third Point Ventures, Arcapita Ventures, New Venture Partners and the Woodside Fund. The company, which develops on-demand data visibility, will use the money to expand in the fresh produce and pharmaceutical cold chain as well as the asset tracking and personnel monitoring markets, the company said in a release. Rob Schwartz, managing partner at Third Point Ventures, will join the Intelleflex board.

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