General Assembly is an education company that teaches people how to program and design. The company has raised $35 million in Series C funding led by Institutional Venture Partners (IVP). General Assembly has now raised a total of $49.3 million.
Domo is an enterprise software company that has raised $125 million in funding. TPG’s investment company arm TPG Growth led this round of funding. Other investors that participated in this round include Salesforce.com, T. Rowe Price, Fidelity Investments, Morgan Stanley, Viking Ventures, Dragoneer Investment Group, GGV Capital, Greylock Partners, Institutional Venture Partners, and Mercato Partners.
One Kings Lane is a home goods e-commerce company that has raised $112 million in funding. One Kings Lane launches new deals every day and they generally last 72 hours. The sales on the website have different themes such as “Ralph Lauren Home” and “Black and White Photography.” One Kings Lane was founded by Susan Feldman and Alison Pincus five years ago. Alison Pincus is the wife of Zynga founder Marc Pincus.
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Indiegogo is one of the largest crowdfunding platforms today and handles campaigns in a way that is similar to Kickstarter. What distinguishes Indiegogo different from Kickstarter is that projects can still keep the amount that is pledged even if they do not hit their goals. However, Indiegogo keeps a larger commission. Indiegogo also supports charitable causes unlike Kickstarter.
SoundCloud is a startup where users upload and share music. The company has raised a new round of funding with a $700 million valuation. The company raised over $60 million in funding from Institutional Venture Partners and the Chernin Group, according to sources with The Wall Street Journal.
The Honest Company is a multi-channel family brand that sells natural and non-toxic products. The Honest Company has raised $25 million in a new round of funding led by Institutional Venture Partners (IVP) and joined by ICONIQ Capital. Existing investors Lightspeed Venture Partners and General Catalyst Partners also participated in this round. This new round adds to $27 million previously raised and will accelerate growth initiatives along with international expansion and new product development.
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Snapchat founders Evan Spiegel (CEO) and Bobby Murphy (CTO) are being sued by Reggie Brown. Brown was one of Spiegel’s and Murphy’s classmates at Stanford University. Brown claimed that he came up with the idea for Snapchat where messages would disappear after reading them. New information was filed on October 23rd by Brown. Brown is also suing Snapchat’s investors.
Ayasdi is a data analytics company that has raised $30.6 million in Series B funding from Institutional Venture Partners (IVP), GE Ventures, and Citi Ventures. Coming out of beta mode six months ago, Ayasdi was founded in 2008 after a decade of research at Stanford University. Defense Advanced Research Projects Agency (DARPA) and the National Science Foundation supported the research at Stanford. The company has around 50 employees and is expected to double in the next year.