Google Ventures Posts

Secret raises $10 million in funding

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Secret is an anonymous sharing iOS app that has raised $10 million in funding from Google Ventures and Kleiner Perkins Caufield & Byers with a valuation of over $40 million, according to the WSJ.
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OnDeck raises $77 million in funding

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OnDeck is an alternative lending company that has raised $77 million in funding led by Tiger Global Management with participation from Institutional Venture Partners, RRE Ventures, SAP Ventures, Google Ventures, First Round Capital and Peter Thiel. OnDeck has raised a total of $180 million in equity and $300 million in debt financing.
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Shape Security receives $40 million in Series C

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Shape Security is a service that protect websites from automated attacks. The company has received a new round of funding about a month after coming out stealth mode.
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Google Ventures invests in Ionic Security

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Google Ventures has co-led a $25.5 million investment in Ionic Security, which is an Atlanta-based startup that develops technology to protect corporate data on mobile devices and the cloud. Other investors that participated in this round include Jafco Ventures, Webb Investment Network, and Kleiner Perkins Caufield & Byers along with security industry executives Phillip Dunkelberger and Paul Judge. Ionic Security has raised a total of $38 million thus far.

Confide has raised $1.9 million in seed funding

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Confide is an off-the-record messaging app that was created for professionals. Confide has raised $1.9 million in seed funding led by WGI Group with participation from Google Ventures, First Round Capital, SV Angel, Lerer Ventures, CrunchFund, Lakestar, Marker, BoxGroup, Jeremy Stoppelman, Doug Ellin, and Billy Bush. WGI partner Michael Walrath is joining the Confide board of directors.
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Blog startup Medium raises $25 million in funding

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Medium is a blog platform / digital magazine that has turned one year old. The startup has raised $25 million in Series A funding, which will be used for a larger office in San Francisco, hiring additional staff, and scaling infrastructure. Medium was founded by Ev Williams, one of Twitter’s co-founders. He previously bootstrapped the company through his startup Obvious Corporation.

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Kensho raises $10 million in seed funding

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Kensho has announced today that they have raised $10 million in seed funding from General Catalyst, NEA, Accel Partners, Google Ventures and Devonshire Investors. Kensho offers cloud-based computer solutions for answering financial and market research questions. Kensho is known for developing a virtual market research assistant called “Warren.”
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Nextbit Systems raises $18 million from Accel and Google

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Nextbit Systems is a mobile startup that has raised $18 million in Series A funding led by Accel Partners and Google Ventures. Rich Miner of Google Ventures and Rich Wong of Accel Partners are joining the board of directors at Nextbit. Nextbit’s founders were Tom Moss and Mike Chan. Both of them were EIRs at Accel Partners.
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