REDWOOD CITY — JetBlue Technology Ventures, the new venture capital subsidiary of JetBlue Airways, has selected Silicon Valley-based travel and data science company, FLYR, as its first investment. The investment was revealed at the unveiling celebration for JetBlue Technology Ventures’ new home in Silicon Valley last Thursday evening. The amount invested was not disclosed. FLYR […]
SAN FRANCISCO — Founders Fund has closed its sixth fund with $1.3 billion in money. This fund brings the firm’s total amount of capital under management to over $3 billion. Founders Fund VI will be led by partners Lauren Gross, Ken Howery, Geoff Lewis, Scott Nolan, Luke Nosek, Brian Singerman, and Peter Thiel. Members of […]
June, a maker of computer-based ovens, has closed a Series A financing with a $22.5 million round led by Eclipse. Seed investors in June also participated including Foundry Group, First Round Capital, and Lerer Hippeau Ventures, among others. In addition, new investors Sound Ventures, Vaizra Investments, Promus Ventures and Lumia Capital joined the round. June […]
SAN FRANCISCO — Sight Machine, a startup leading the digital transformation of manufacturing, has raised $13.5 million in Series B venture capital. The round is led by Chicago-based Jump Capital and includes GE Ventures, Two Roads Group and Pritzker Group Venture Capital. “Sight Machine is developing the technology that will bring us closer to […]
SEATTLE — Usermind, builder of an orchestration hub for business operations (BizOps) teams, emerged from stealth last week and has raised a $14.5 million Series B funding round led by Menlo Ventures with participation from existing investors Andreessen Horowitz and CRV, bringing the company’s total financing to $22.1 million. Usermind will use the funds to […]
MENLO PARK — Spirox Inc., a privately held medical device company, has closed a $45 million Series C round of financing led by KKR, a leading global investment firm. In leading the round, KKR joins a strong syndicate of existing investors in the company. Also participating in the financing is new investor HealthQuest Capital […]
SANTA MONICA, CA — Ring, a leader in outdoor home security, has raised $61.2 million in Series C funding from Kleiner Perkins Caufield & Byers (KPCB) with add-on from Sir Richard Branson. These new funds enable Ring to expand its line of smart video doorbells, further its international presence and continue to reduce crime in neighborhoods. Ring has […]
MOUNTAIN VIEW -– Couchbase has secured $30 million in a series F round of funding led by Sorenson Capital with current investors participating in the round, including Accel Partners, Adams Street Partners, Ignition Partners, Mayfield Fund, North Bridge Venture Partners and West Summit. This capital will be used to accelerate sales, and expand technical support […]
SANTA CLARA & HOUSTON — Agilent Technologies announced that it is investing $80 million in Lasergen, an emerging biotechnology company based in Houston with innovative next-generation sequencing technology. With this investment, Agilent will acquire a 48-percent ownership stake in privately held Lasergen and will join the board. Agilent has the option to acquire the remaining shares of Lasergen […]
MOUNTAIN VIEW — Symantec Corp. (SYMC) announced that it has closed the previously announced transaction with Silver Lake, pursuant to which Silver Lake made a $500 million strategic investment in Symantec. With the closing of this investment, Ken Hao, managing partner of Silver Lake, has been appointed to the Symantec Board of Directors, effective immediately. The […]
SUNNYVALE – Enlighted, Inc., the leading provider of Internet of Things (IoT) solutions for commercial buildings, has secured $25 million in Series D funding to accelerate its IoT app development and expand international distribution to France, Germany and the United Kingdom. Along with the expansion investment from the company’s current investors, including Kleiner Perkins Caufield & Byers, […]
SAN FRANCISCO — RealtyShares, the online marketplace for real estate investing, connecting accredited investors to real estate investment opportunities nationwide, has obtained a $20 million Series B financing round. The new financing was led by Union Square Ventures, a leading venture capital firm in the financial technology space, with participation from existing investors Menlo Ventures and General Catalyst Partners.
“I am incredibly excited to have one of the foremost VC firms leading this latest financing round,” said Nav Athwal, CEO of RealtyShares. “Very few can match the Fintech acumen of Union Square Ventures, which has led financings for Lending Club, Kickstarter, Funding Circle and CircleUp, as well as other name brands such as Twitter, Zynga, Etsy, Tumblr and Meetup. This financing ensures that RealtyShares will remain a committed and well-capitalized partner to our investors and our sponsor and borrower constituencies.”
SAN FRANCISCO — MasterClass, which offers online classes taught by Kevin Spacey, Dustin Hoffman, Serena Williams, James Patterson and Usher, has raised a $15 million Series B funding round. This latest round is led by New Enterprise Associates, Inc. (NEA) (Partner: Rick Yang) and reveals a previously undisclosed $4.5 million Series A led by Javelin Venture Partners (Partner: Alex Gurevich) and two seed rounds totaling $1.9 million both led by Harrison Metal (Founder: Michael Dearing).