Tag Archives: Draper Fisher Jurvetson
Box.net Raises $81 Million With Valuation That Is Over $600 Million
Cloud storage company Box.net has raised $81 million in Series D funding from Salesforce.com, SAP Ventures, Bessemer Venture Partners, New Enterprise Associates, Andreessen Horowitz, and Draper Fisher Jurvetson. Box.net has now raised a total of $162 million. This puts Box.net’s valuation at over $600 million.
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Cloud Storage Company Box.net Raises $50 Million
Box.net has raised a new round of $50 million in funding. Investors in this round include Salesforce.com, Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners. Box.net has now raised a total of $128 million. Box.net has 7 million users and 300 million documents are stored on their service. Box.net was founded in 2005 by Aaron Levie and Dylan Smith in 2005. About 77% of the Fortune 500 uses Box.net’s cloud storage solutions service. [TechCrunch]
Tango Raises $42 Million To Take On Skype
Tango is a company that has produced mobile video desktop software. Tango has raised $42 million in Series B to take on competition like Skype and ooVoo. This round of funding was led by Draper Fisher Jurvetson. The company has raised a total of $47 million. Tango initially launched with a focus on mobile, but now they are switching gears and enhancing the strength of their desktop app. Tango currently has about 18 million users on their mobile device. Tango now has about 60 employees company-wide. [GigaOM]
Categories Draper Fisher Jurvetson, Tango
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Ping Identity Raises $21 Million for Secure Cloud Sign-Ins
Ping Identity has gained investors Triangle Peak Partners and Silicon Valley Bank, raising $21 million for their secure sign-in platforms. According to TechCrunch, the new investors join Appian Ventures, Draper Fisher Jurvetson, General Catalyst Partners, SAP Ventures and Volition Capital.
Former MySpace Music CTO Dmitry Shapiro Raises Funding To Launch A Facebook Alternative
Dmitry Shapiro is the former MySpace Music CTO. Shapiro has raised funding from investors that include Draper Fisher Jurvetson to launch an alternative to Facebook called Altly. Altly will be a social network that has strong privacy controls and data ownership.
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Categories Altly, DFJ, Dmitry Shapiro, Draper Fisher Jurvetson, Facebook, Josh Stein, MySpace, MySpace Music
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Do@ Raises $7 Million From DFJ
Do@ is a mobile search company that has raised $7 million from Draper Fisher Jurvetson. Do@ co-founder Ami Ben-David said that the current way of searching on mobile devices is too inconvenient since it involves typing words and scrolling to find a good link.
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Categories Ami Ben-David, DFJ, Do@, Draper Fisher Jurvetson, Tim Draper
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JiWire Raises $20 Million In New Round Of Funding
JiWire is a mobile ad company that has raised $20 million in a round of funding made by Trident Capital, Comcast Interactive Capital, DFJ, Panorama Capital, and Norwest Venture Partners. JiWire has raised a total of $45 million in funding thus far. JiWire has a location-based ad platform that runs on WiFi through 40 public WiFi networks. Last year JiWire acquired location based mobile shopping company NearbyNow. [TechCrunch]
Gilt Groupe Raises $138 Million From Several Investors and Is Valued At $1 Billion
New York based discount flash sales website Gilt Groupe has raised $138 million in venture capital funding. Investors in this fifth round of funding include Softbank Group, General Atlantic, Matrix Partners, Goldman Sachs, NEA, DFJ Growth, Pinnacle Ventures, TriplePoint Capital, and Eastward Capital.
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Mobile Q&A Service Opinionaided Raises $1 Million
Opinionaided is a mobile Q&A service that has raised $1 million in funding several venture capital companies and angel investors. The investors include General Catalyst, SoftBank Capital, DFJ, ENIAC Ventures, Mark Wachen, Jonah Goodhart, Karl Jacob, and Vince Monical.
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Real Estate Community Website RentJuice Raises $6.2 Million In Series B
RentJuice is a real estate community website where real estate agents and brokers can view real estate data. RentJuice raised $6.2 million in Series B funding led by Highland Capital and Tim Draper of DFJ. RentJuice automates administrative tasks for real estate professionals, brokerages, and landlords. RentJuice helps brokers capitalize on predictions that 10 million new renters will enter the U.S. market in the enxt 5 years. RentJuice was founded in 2009 by CEO David Vivero and CTO Kunal Shah.