Archive for the ‘Institutional Venture Partners’ Category

Zynga Expected To Raise Between $850 Million and $1.15 Billion In IPO

Amit Chowdhry | December 2, 2011 | 395 views | Add a Comment
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Zynga has filed documents with the SEC this morning which indicates that they are planning on raising between $850 million and $1.15 billion in their public offering. This is about $15 million more than their previous estimates.

Business Insider Raises $7 Million Led By IVP

Amit Chowdhry | September 22, 2011 | 472 views | Add a Comment
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Business Insider has raised $7 million in funding. They plan on using the funding to do “more cool stuff over the next couple of years, all of which we hope will make Business Insider much more useful, comprehensive, and fun for you.” Institutional Venture Partners, a new investor in the company, led this round of funding. Somesh Dash and Todd Chaffee of IVP will be advisors at Business Insider going forward.

One Kings Lane Raises $40 Million In Funding

Amit Chowdhry | September 19, 2011 | 476 views | Add a Comment
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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.

Out Of Stealth Mode, Personal Capital Raises $25 Million

Amit Chowdhry | August 30, 2011 | 380 views | Add a Comment
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Personal Capital is a company that has recently exited stealth mode and has raised $25 million in venture financing. The funding includes a Series A round that was led by Institutional Venture Partners (IVP) and a Series B round that was led by Venrock and more participate by IVP. Personal Capital is not planning to launch yet, but they will soon debut a financial advisor service that delivers an investment management and personal finance service. The chief executive of Personal Capital is former Intuit CEO Bill Harris. Everbank co-founder Rob Foregger serves as the chief strategy officer of Personal Capital. And former E-Loan CIO Jay Shah serves as the CIO of Personal Capital. The company is based in Redwood City, California.

Buddy Media Raises $54 Million

Riley Kennysmith | August 15, 2011 | 442 views | Add a Comment
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Buddy Media has raised $54 million in its latest financing round. The company, which helps advertisers manage their Facebook and Twitter presence, is reportedly worth $500 million. The funding comes from Insight Venture Partners, Institutional Venture Partners, Bay Partners and GGV Capital. CEO Mike Lazerow says the money will be used to expand the company to Europe and double their staff. [AllThingsD]

LegalZoom Raises More Than $100 Million in Total Funding

Riley Kennysmith | July 25, 2011 | 569 views | Add a Comment
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Online document service LegalZoom has raised more than $100 million in funding to date, including a recent $66 million from Kleiner Perkins and Institutional Venture Partners. Brian Lee’s LegalZoom already has more than $100 million in revenue and almost 2 million customers have used the service to create their own legal documents. TechCrunch reports that LegalZoom anticipates an IPO in the future, but isn’t rushing toward the prospect.

Clearspring Technologies Raises $20 Million Led By IVP

Amit Chowdhry | May 11, 2011 | 440 views | Add a Comment
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Clearspring Technologies is the parent company of AddThis, a widget that enables website visitors to share content. Clearspring has raised $20 million in a fourth round of funding, led by Institutional Venture Partners. Former AOL executive and director Ted Leonsis is the company’s chairman and Hooman Radfar is CEO. AddThis is installed on over 9 million websites and is used over 1 billion times per month. [MarketWire]

Sugar Inc. Raises $15 Million From Sequoia Capital and IVP

Amit Chowdhry | April 13, 2011 | 585 views | Add a Comment
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Sugar Inc. is a women-focused content website that has raised $15 million in a new round of funding from Institutional Venture Partners (IVP) and Sequoia Capital. Sugar Inc. has raised a total of $46 million thus far and they plan on using this round of funding on acquisitions and international growth. One of Sugar’s top websites is PopSugar.com. Rumor has it that Yahoo! Inc. (NASDAQ:YHOO) was interested in acquiring Sugar Inc. However Brian and Lisa Sugar, the husband and wife co-founders wanted to remain independent. Below is the full press release:

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