Venture Funding

Former 49ers Close $120 Million Fund

SAN FRANCISCO — Northgate Capital, a venture capital investment fund founded by former San Francisco 49ers players Brent Jones and Tommy Vardell, announced the closing of Northgate Venture Partners VIII fund at $120 million. NVP VIII invests primarily in marquee venture capital firms and a select number of emerging managers. The firm has a total […]

Venture Funding

Freshworks Scores $150 Million Series H

SAN MATEO — Freshworks Inc., a company developing customer engagement software, has landed a $150 million series H round of funding at a post-financing valuation of $3.5 billion. The funding was led by existing investors Sequoia Capital, CapitalG, and Freshworks’ first investor, Accel. The capital will be used to continue worldwide expansion as well as […]

Venture Funding

Curated Launches With $27.5 Million in Funding

SAN FRANCISCO — Curated, which operates a shopping platform that brings together people and products by matching customers with unbiased experts, has officially launched with $27.5 million in total funding. Led by former LinkedIn and Facebook veterans, Curated brings the personal touch of an in-store specialty shopping experience to customers online through the thoughtful guidance […]

Venture Funding

Volterra Exits Stealth Mode With $50 Million

SANTA CLARA — ​Volterra​, a provider of distributed cloud services, has launched from two years of stealth operations with over $50 million in funding to date. Investors include venture capital firms Khosla Ventures, Mayfield and M12 (Microsoft’s venture fund), as well as strategic investors/partners including Itochu Technology Ventures and Samsung NEXT. Volterra’s launch comes during […]

Venture Funding

Goldman Sachs Leads $35 Million in Very Good Security

SAN FRANCISCO — Very Good Security (VGS) has secured a $35 million Series B funding led by Goldman Sachs’ Merchant Banking Division with participation from existing investors, including Andreessen Horowitz (a16z) and Vertex Ventures US. Founded in 2016, VGS is building modern SaaS infrastructure for data security, compliance, and privacy. VGS acts as a custodian […]

Venture Funding

Instabase Scores $105 Million

SAN FRANCISCO — Instabase, which operates a platform for business applications, revealed it has raised $105 million in Series B funding, led by Index Ventures with participation from existing investors Greylock Partners, New Enterprise Associates (NEA), and Andreessen Horowitz. Additional investors include Spark Capital, Tribe Capital, SC Ventures, and Glynn Capital. This latest round brings […]

Venture Funding

Corelight Reigns In $50 Million Series C

SAN FRANCISCO  — Corelight, a provider of network traffic analysis (NTA) solutions for cybersecurity, has secured an additional $50 million in Series C financing led by Insight Partners and its first capital investor, Accel. With this new capital, the company plans to expand product development, research, sales, and marketing. Corelight has raised a total of $84 million […]

Venture Funding

Science Exchange Raises $20 Million

PALO ALTO  — Science Exchange, a leading SaaS-enabled marketplace for outsourced research and development (R&D), has raised an additional $20 million in financing, from a combination of equity and debt sources. Maverick Ventures and Norwest Venture Partners led the financing. Other investors that participated include Union Square Ventures, Collaborative Fund, Windham Ventures, and OATV as […]

Venture Funding

Grammarly Pens $90 Million Round

SAN FRANCISCO — Grammarly, which operates an online writing assistant powered by AI, has landed a $90 million investment led by General Catalyst, which also led the company’s investment round in 2017. Previous investor IVP also participated along with new investors. Grammarly’s writing assistant helps more than 20 million people every day communicate what they […]

Venture Funding

Lattice Nabs $25 Million Series C

SAN FRANCISCO — Lattice, which operates a people management platform for businesses, has raised $25 million in Series C funding round led by Tiger Global. Lattice says the round comes on the heels of the strongest quarter in company history, more than doubled user counts since the beginning of the year, and its $15 million […]

Venture Funding

CityLift Parks $22 Million Series C

OAKLAND – CityLift Parking, a leading designer and maker of automated parking lifts in the U.S.,  has completed a $22 million Series C capital round with Dundon Capital Partners LLC (“DCP”). The investment is the largest completed for any U.S. automated parking lift company to date. CityLift plans to use funds to accelerate its growth and invest […]

Venture Funding

SnapLogic Scores $72 Million

SAN MATEO — SnapLogic — a company that makes it fast and easy for organizations to manage all their application integration, data integration, API management, B2B integration, and data engineering projects on a single, scalable platform — has raised $72 million in growth financing. The new round was led by Arrowroot Capital, a leading US […]

Venture Funding

Shopmonkey Leaps for $10 Million Series A

SAN JOSE — Shopmonkey, an auto-repair shop software company, has raised $10 million Series A funding led by Index Ventures. The company plans to use the funding to recruit local talent and invest in product development. Other participating investors include e.ventures and I2BF. Nina Achadjian at Index Ventures will join Shopmonkey’s board of directors. Shopmonkey is a cloud-based management system […]

Venture Funding

InsightRX Nabs $10 Million Series A

SAN FRANCISCO — InsightRX, a developer of a precision dosing medicine platform, has closed a $10 million Series A funding led by HealthX Ventures, with participation from Rock Health, OSF Healthcare, Leawood Venture Capital, Premier Inc., and earlier investor GreatPoint Ventures. InsightRX will use the funding to broaden its therapeutic areas and provide additional hospitals […]

Venture Funding

WanderJaunt Lands $15 Million Series B

SAN FRANCISCO — Wanderjaunt, which helps homeowners lease their property to business and regular travelers, has raised $15 million in a Series B round, led by Founders Fund. This brings the total capital raised to over $25 million. Along with this investment, Keith Rabois (General Partner, Founders Fund) is joining the company’s Board of Directors. […]

Venture Funding

GitLab Raises $268 Million Series E

SAN FRANCISCO — GitLab has completed a $268 million Series E round of funding valuing the company at $2.75 billion. This recent funding round was led by ICONIQ Capital and Goldman Sachs with participation from existing investor Y Combinator Continuity Fund. The round also included new investors Adage Capital Management, L.P, Alkeon Capital, Altimeter Capital, […]

Venture Funding

AppZen Scores $50 Million Series C

SAN JOSE — AppZen, developer of an artificial intelligence platform for use by enterprise finance departments, has secured $50 million in Series C funding led by Coatue Management. Existing investors Redpoint Ventures and Lightspeed Venture Partners also participated in the round. This brings the company’s total investment to more than $100 million. AppZen automates manual […]

Venture Funding

Nextdoor Closes $170 Million Financing

SAN FRANCISCO — Nextdoor, which operates local online neighborhood networks around the world, has closed on $170 million in new funding. The financing includes $123 million raised last May and was completed by Bond, the investment firm led by Mary Meeker, with participation from new investor Riverwood Capital and existing investors Benchmark, Tiger Global Management […]

Venture Funding

Grove Collaborative Lands $150 Million Series D

SAN FRANCISCO — Grove Collaborative, a company developing eco-friendly products for consumers, has completed a $150 million Series D financing. The funding is co-led by Lone Pine Capital, General Atlantic, and Glynn Capital with participation from Greenspring Associates as a new investor as well as from existing investors Norwest Venture Partners, Mayfield Fund, NextView Ventures, […]