Accel Partners was able to raise a combined total of $1.475 billion for the Accel XII and the Accel Growth III funds while Jim Breyer will be reducing the role he plays in the venture capital firm, Forbes reported.
United States
US data security firm Verdasys lands $12M in venture round as new CEO is named
Waltham, Massachusetts-based data security firm Verdasys landed $12 million in a new venture round for its market and product expansion as it named former McAfee executive Kenneth Levine as its new Chief Executive Officer (CEO).
Icahn suggests 20pct IPO for PayPal
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
Chatwala secures $625K in seed funding round
Chatwala, a New York-based messaging app startup that puts users in control of conversations, has secured $625,000 from individual investors for its seed financing round, VentureBeat reported.
California-based late-stage investment firm Technology Crossover Ventures raises $2.23B for eighth fund
Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.
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Portland, US-based startup PayRange was launched by former VendScreen chief Paresh Patel to offer a simpler way of making mobile payments using a device that can be easily installed in vending machines.
Oregon, US-based wedding planning site WedBrilliant wants to give brides-to-be a simpler way of finding wedding vendors by functioning as an online one-stop shop for them.
Lending CLub, the venture capital-backed firm that offers peer-to-peer loans, will now be offering business loans as part of its move to expand it services, TechCrunch reported.
Investment management firm Blue Ocean invested $5 million in Fort Collins, Colorado-based dental firm St Renatus for the latter's drug application for its needle-free anesthetic.
New York, US-based data management platform Lotame acquired San Mateo, California-based mobile audience management startup AdMobius for an undisclosed amount to beef up its publishing and marketing services.
The White House has made government data available to developers and researchers that will help them come up with simulations and help it in its efforts to prepare cities for climate change, TechCrunch reported.
Digital health company Augmedix announced that it was able to secure venture funding amounting to $3.2 million from DCM and Emergence Capital Partners, a statement about the financing said.
Platfora, a big data analytics software platform, has secured $38 million for its latest funding round led by Tenaya Capital and participated in by other investors, TechCrunch reported.
Cloudera, the company that provides enterprises with the first unified big data platform, secured $160 million from T. Rowe price, Google Ventures and MSD Capital, TechCrunch reported.
