Deals that Closed – VC 9/15/2014


Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

  • Square, the San Francisco-based payments company led by Jack Dorsey, has raised $100 million in new funding at a valuation of nearly $6 billion, according to a Delaware filing obtained by VCExperts.com and shared with Fortune. Read more.
  • Inrix Inc., a Kirkland, Wash.-based provider of real-time traffic information technology, has sold a 10% equity stake for $55 million to Porsche Automobil Holding.The company previously raised around $78 million in VC funding from August Capital, Bain Capital Ventures, Kleiner Perkins and Venrock. www.inrix.com
  • Palantir, the secretive big data company known for its relationships with the CIA and NSA, has raised more than $50 million in new venture capital funding, according to an SEC filing. This brings the round total up to $444 million, as the Palo Alto, Calif.-based company appears to have held multiples closes since late last year.Read more.
  • Kateeva, a Menlo Park, Calif.-based maker of production equipment for OLED displays, has raised $38 million in Series D funding. Samsung Venture Investment Corp.led the round, and was joined by return backers Sigma Partners, Spark Capital, Madrone Capital Partners, DBL Investors, New Science Ventures and VEECO Instruments Inc. (Nasdaq: VECO). www.kateeva.com
  • Scholar Rock, a Cambridge, Mass.-based biotech startup focused on “niche modulators that selectively target protein growth factors in the disease microenvironment,” has raised $20 million in Series A funding. ARCH Venture Partnersled the round, and was joined by EcoR1 Capital, The Kraft Group and return backers Polaris Partners and Timothy Springer. www.scholarrock.com
  • Kinnek, a New York-based marketplace for small businesses to find suppliers and manage purchasing, has raised $10 million in Series A funding. Matrix Partnersled the round, and was joined by seed backers Sierra Ventures, Version One Ventures, Naval Ravikant, CrunchFund, Richard Chen, TriplePoint Ventures and Benjamin Ling. www.kinnek.com
  • Cloudyn, a San Francisco–based provider of cloud monitoring and optimization solutions, has raised $4 million in new VC funding. Titanium Investmentsled the round, and was joined by return backer RSeed. www.cloudyn.com
  • Molecular Templates Inc., a Georgetown, Texas-based developer of biologic therapeutics, has raised $3.5 million in new Series C funding fromAJU IB Investment. The round total is now $12 million, following a 2013 first close fromExcel Venture Management and Santé Ventures. www.moleculartemplates.com
  • TrustedCompany.com, an online review site for ecommerce businesses in Southeast Asia and India, has raised $1 million in VC funding. Tengelmann Venturesled the round, and was joined by 500 Startups and existing shareholder Asia Venture Group. www.trustedcompany.com
  •  QuanTemplate, a London–based provider of cloud-based analytics software for the wholesale insurance market, has raised an undisclosed amount of seed funding from backers like Anthemis Groupwww.quantemplate.com

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Happy Investing & Networking,

JD Morris

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VC Deals that Closed 11-19-2013


Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

  • Aria Systems, a San Francisco-based provider of cloud-based recurring revenue management solutions, has raised $40 million in fourth-round funding. Bain Capital Ventures led the round, and was joined by VMWare and return backers Hummer Winblad Venture Partners, Interwest Partners, Tugboat Ventures and Venrock. www.ariasystems.com
  • August, a San Francisco-based home automation company that has developed a smartphone-enabled door lock, has raised $8 million in Series A funding. Maveron led the round, and was joined by Cowboy Ventures, Industry Ventures, Rho Ventures and SoftTech VC. www.august.com .
  • Compass-EOS, an Israel-based developer of electro-optical systems, has raised $42 million in new VC funding. Rusano and an unidentified U.S. private equity firm were joined by return backers Comcast Ventures, Cisco, Pitango Venture Capital, Benchmark Capital, Northbridge Venture Partners and Marker LLC. www.compass-eos.com
  • Hightail (f.k.a. YouSendIt), a Campbell, Calif.-based file-sharing service, has raised $34 million in Series E funding. Western Digital Capital led the round, and was joined by Accolade Partners and return backers Alloy Ventures, Sevin Rosen, Emergence Capital, Adams Street Partners and Sigma Partners. www.hightail.com
  • HipLogiq (f.k.a. Social Compass), a Dallas-based enterprise solution for social media marketing, has raised $7 million in Series B funding from existing shareholder Hadron Global Partners.www.hiplogiq.com
  • Index, a San Francisco-based retail personalization and analytics company launched by the original Google Wallet team, has raised $7 million in Series A funding. Backers include Innovation Endeavors, Khosla Ventures, AIMCo and 819 Capital. www.index.com
  • Kabbee, a London-based price comparison service for minicabs, has raised £3.8 million in Series A funding. Octopus Investments led the round, and was joined by Simon Nixon (founder of MoneySupermarket.com). www.kabbee.com
  • LeCab, a French on-demand black car service, has raised €5 million in Series B funding from undisclosed backers. www.lecab.fr
  • LightSail Education, a provider of K-12 digital literacy solutions, has raised $3.5 million in Series A funding. Viceroy Ventures led the round, and was joined by Gotham Capital and individual angels. www.lightsailed.com
  • Signpost, a New York-based cloud platform for digital and mobile marketing, has raised $10 million in Series B funding. Backers include OpenView Venture PartnersSpark Capital and Scout Ventures.www.signpost.com

Happy Investing and Networking,

JD Morris

JD Morris

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Deals that funded! July 12, 2013


 Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Rueters, and other sources.  Please check company website for best information.

Everspin Technologies, a Chandler, Ariz.-based developer of magnetic RAM products, has raised $15 million in Series B funding. Investors include New Venture Partners, Sigma Partners, Lux Capital, Draper Fisher Jurvetson and Epic Ventures. www.everspin.com 

NEA new enterprise associates

Inside View, a San Francisco-based provider of CRM intelligence solutions, has raised $19 million in new VC funding. Split Rock Partners led the round, and was joined by return backers Emergence Capital, Foundation Capital, and Rembrandt Venture Partners. www.insideview.com

MyFitnessPal
, a San Francisco-based service for letting users track and share calorie intake and other health and wellness data, has raised $18 million in its first round of outside funding (the company launched in 2005). Kleiner Perkins Caufield & Byers led the deal, and was joined by Accel Partners.www.myfitnesspal.com

Kleiner Perkins Caufield & Byers log

ReelGenie, a Maryland-based online service that creates videos from a customer’s photos and digital media, secured $850,000 in seed funding from investors including CNF Investments, the Maryland Venture Fund, faculty members from the Wharton School, and angel investors. www.reelgenie.com 

SigmaCare, an electronic medical records company, has secured new equity funding from health care investment firm Marlin Equity Partners and existing investors. No financial terms were disclosed.www.sigmacare.com

SilkRoad, a Chicago-based provider of cloud-based talent management solutions, has raised $16 million in new VC funding. Backers include Foundation Capital, Intel Capital, Azure Capital Partners, Keating Capital and Crosslink Ventures, SilkRoad has now raised a total of $145 million.www.silkroad.com
TextbookRental.ca, a Toronto-based start-up, closed on a $415,000 seed round led by Seek Capital,techvibes.com reports.

Tegile Systems, a Newark, Calif.-based provider of hybrid storage arrays for virtualized server and virtual desktop environments, has raised $35 million in Series C funding. Meritech Capital Partners led the round, and was joined by Western Digital (Nasdaq: WDC), SanDisk (Nasdaq: SNDK) and return backer August Capital. www.tegile.com

TheFamily, a French startup accelerator, has raised an undisclosed amount of funding from Index Ventures. TechCrunch reports that the investment is “just under” €1 million.” www.thefamily.co

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Happy Investing and Networking,

JD Morris

JD Morris

Join me on LinkedIN:  http://www.linkedin.com/in/jdmorris

The Morris Team URL: http://www.themorristeam.com/