New Relic is an app performance company that has raised $80 million as they look into going public. Insight Venture Partners led the round of funding. Other participants in this round of funding include T. Rowe Price, Dragoneer Investment Group LLC, Passport Ventures LLC, Benchmark Capital, Trinity Ventures, Tenaya Capital, and Allen & Company.
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The Fancy is a Pinterest rival that is known for curating style and fashion. Fancy has raised $26 million in funding and was rumored in August to be getting acquired by Apple. It sounds like the Apple acquisition will not be happening now that the company has raised a new round of funding.
TrackVia is a company that has tools for non-coders to build web applications that are optimized for mobile devices. TrackVia has raised $7.1 million in Series B funding led by Longworth Venture Partners and Fairhaven Capital. Other investors that participated in this round include Access Venture Partners, Flywheel Ventures, Draper Associates, and Allen & Company.
EverFi is a Washington D.C. based education technology company that has raised $10 million in funding from Jeff Bezos (Amazon.com founder), Evan Williams (Twitter co-founder), Rethink Education, Tomorrow Ventures (Google chairman Eric Schmidt), New Enterprise Associates, Allen and Company, and Michael Chasen (Blackboard CEO). EverFi raised $11 million in 2010, which puts them at over $21 million in the last 2 years.
Nextdoor is a San Francisco based startup company that runs social networks for over 3,500 neighborhoods across the country. Nextdoor has raised $18.6 million in financing from investors such as Benchmark Capital, DAG Ventures, Greylock Partners, Shasta Ventures, Allen & Company and Pinnacle Ventures.
Evernote has raised a $70 million Series D round of funding at a $1 billion valuation. Meritech Capital and CBC Capital lead the round because these companies could eventually help the company go public. Evernote did not even need this round of funding because a lot of the $96 million that they have raised from the previous round is still left over in their bank account, plus they have one million paying customers out of their 25 million users.
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AVG, the software company that was founded in 1991 and is known for their anti-virus software, has announced that they have filed a Registration Statement on Form F-1 with the U.S. SEC in connection with a proposed IPO of their ordinary shares. AVG will sell on the New York Stock Exchange with the symbol “AVG.” Morgan Stanley, JP Morgan, and Goldman Sachs will be running the books on the IPO. Co-managers for the IPO include Allen & Company and JMP Securities.
TaskRabbit is a Bay Area based startup company that helps you find personal assistants for having your house cleaned, running errands, building IKEA furniture, delivering groceries, etc. Former Disney CEO Michael Eisner is joining TaskRabbit’s board of directors as a strategic adviser.
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