Tag Archives: Greylock Partners
Google+ To Host VC Office Hours
In order to capture additional attention from startup entrepreneurs, Google+ is hosting a series of events called VC Office Hours. Google VP of Product at Google+ Bradley Horowitz revealed some of the names that are participating in this series:
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People Search Engine Ark Raises $4.2 Million In Seed Round
Ark is a people search engine launched at Y Combinator Demo Day that has raised $4.2 million in a seed round of funding. Ark crawls Facebook, RenRen, LinkedIn, and Twitter to find out as much data as possible. The founders at Ark got the idea for the startup when they found out that 30% of searches are for people.
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Edmodo Raises $15 Million In Series B
Edmodo is an education social network for teachers and students K-12. The company has raised $15 million in Series B funding led by Greylock Partners and Benchmark Capital. Reid Hoffman (Greylock) and Matt Cohler (Benchmark) will be joining Edmodo’s board of directors as a result of this funding round.
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Categories Benchmark Capital, Edmodo, Greylock Partners, Matt Cohler, Reid Hoffman
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How Much Groupon Executives and Investors Made From The IPO
Yesterday Groupon Inc. (NASDAQ:GRPN) had an initial public offering. The company set their stock price at $20 and yesterday it closed at $26.11. The company was given a valuation of over $17 billion. BusinessInsider.com has compiled a list of how much the executives and investors made from the IPO. Below is the list:
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Categories Accel Partners, Andreessen Horowitz, Andrew Mason, Battery Ventures, Brad Keywell, Brian Totty, Digital Sky Technologies, Elizabeth Lefkofsky, Eric Lefkofsky, Fidelity Investments, Greylock Partners, Groupon, Groupon.com, Howard Schultz, Kenneth M. Pelletier, Kleiner Perkins, Kleiner Perkins Caufield & Byers, Maverick Fund, Morgan Stanley, New Enterprise Associates, Robert Solomon, T. Rowe Price, Technology Crossover Ventures, Ted Leonsis, The European Founders Fund, The Growth Fund of America
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Mobile Device Management Company Zenprise Raises $30 Million
Mobile device management company Zenprise has raised $30 million in funding in a round led by Greylock Partners. Asheem Chandna of Greylock Partners will be joining Zenprise’s board of directors as a result of the funding. Below is the press release:
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Categories Greylock Partners, Jayaram Bhat, Zenprise
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Blog Service Tumblr Raises $85 Million
Tumblr is a popular blogging service that has raised $85 million in a new round of funding. Tumblr is best known for simple blogging tools to post photos, videos, songs, etc. The investment in this round was led by Greylock Partners. Insight Venture Partners, the Chernin Group, Richard Branson, Spark Capital, Union Square Ventures, and Sequoia Capital also participated in this round.
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One Kings Lane Raises $40 Million In Funding
One Kings Lane is a flash sales website for accessories and home decorations. One Kings Lane has raised $40 million in a new round of funding led by Tiger Global Management. Institutional Venture Partners, Kleiner Perkins, and Greylock Partners has joined in this round of funding. One Kings Lane is now valued at about $440 million as the company raised $65 million in funding total.
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Enterprise Cloud App Management Company Okta Raises $16.5 Million In Series B
Okta is an enterprise cloud app management company that has raised $16.5 million in Series B funding. Greylock Partners, Khosla Ventures, Andreessen Horowitz, and FLOODGATE participated in this round. Okta has raised a total of $28 million thus far.
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Categories Andreessen Horowitz, FLOODGATE, Greylock Partners, Khosla Ventures, Okta
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Rumor: Airbnb In The Process Of Raising Over $100 Million
Airbnb is close to raising over $100 million based on a valuation of over $1 billion. This round is being lead by Andreessen Horowitz. Participation is expected from DST. Airbnb’s last round of funding was about $7.2 million and included Sequoia Capital, Greylock, SV Angel, Ashton Kutcher, and Youniversity Ventures. Airbnb launched out of Y Combinator.
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LinkedIn Shares Surges Over 100% To $10+ Billion Valuation
LinkedIn Corp (NYSE:LNKD) went public today and their shares have surged over 100% during mid-day trading. The company priced their IPO at $45 and the stock opened at $83 before settling at about $120 within 2 hours of the trading. LinkedIn raised over $100 million in funding from Sequoia Capital, Greylock Partners, and Bessemer Venture Capital Partners.
