Tag Archives: Khosla Ventures
Yammer Raises $85 Million, Leading To Total Of $142 Million
Yammer, the service that is known as the Twitter-for-enterprise, has raised $85 million in funding, which brings them to a total of $142 million. This is Yammer’s fifth round of funding. DFJ Growth led the investment. New investors Meritech Capital, Khosla Ventures, and Capricorn Investment Group joined in this round. The existing investors that also participated include Charles River Ventures and Founders Fund. Randy Glein of DFJ Growth will be joining Yammer’s board of directors.
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Social TV Company Miso Raises $4 Million From Khosla, Google, and Hearst
eBay Acquires Hunch For Roughly $80 Million
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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Ness Computing Raises $5 Million for Likeness.com Subjective Search
Ness Computing has been working on creating a selective search engine, and have raised $5 million in funding. The investors include Vinod Khosla and Ramy Adeeb (of Khosla Ventures), Alsop Louie Partners, Bullpen Capital and a co-founder of Palantir Technologies, as well as angel investors. TechCrunch reports that the search engine will be located at likeness.com, and combines data from your online likes with a search engine to provide a search designed with your preferences in mind. Corey Reese, CEO of Ness, explains that while Google organized data, likeness.com is about “organizing opportunities.”
GroupMe Acquires BlackBerry App Development Company Sensobi
GroupMe is an application company that allows people to create private groups and send out mass text messages. GroupMe has acquired a smaller application development company called Sensobi. Sensobi was co-founded by Ajay Kulkarni and Andrew Cheung. Sensobi will be integrated into GroupMe’s BlackBerry application. Later it will be rolled into GroupMe’s iPhone and Android applications.
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Former Facebook & YouTube CFO Gideon Yu Leaves Khosla To Become CSO Of The San Francisco 49ers
Gideon Yu is one of the most prolific investors and executives in the technology sector. He is currently serving as a General Partner at Khosla Ventures, but he will soon become the Chief Strategy Officer for the NFL San Francisco 49ers. Before that he was the Chief Financial Officer of both Facebook and YouTube. Yu also worked as a partner at Sequoia Capital.
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Big Switch Raises $13.75 Million In A First Round Of Funding
Big Switch Networks has raised $13.75 million in a first round of funding. Big Switch Networks is working on building a platform that will bring virtualization and a cloud architecture to enterprise networks. Four new directors will be joining the board at Big Switch Networks as a result of the funding: Mark Leslie, Bill Meehan, Shirish Sathaye, and Mike Volpi. The investors in this round include Index Ventures and Khosla Ventures. [San Jose Business Journal]
MyLikes Raises $5.6 Million In Round Led By Khosla Ventures
MyLikes has raised $5.6 million in Series A funding led by Khosla Ventures. Lightspeed Partners and Metamorphic Ventures also participated in this round. Seed investor Paul Buchheit and Alex Kinnier is joining the MyLikes board of directors. MyLikes aims to connect social influencers with advertising companies to endorse products on social networks. [TechCrunch]
Biofuel Company Gevo Raises $95.7 Million In IPO
Biofuel and biochemical company Gevo Inc. (NASDAQ:GEVO) raised $107 million in an IPO. Gevo uses chemical processes to make isobutanol from sugar. The biofuels and biochemicals offered by Gevo could be an alternative to ethanol. After expenses and underwriting discounts, the company made about $95.7 million. Khosla Ventures and Richard Branson were investors in Gevo.
Categories Gevo, Khosla Ventures, Richard Branson
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