EdgeSpring is a startup that can help you make better decisions with the data across all of the lines of business. EdgeSpring has raised $11 million in financing from Kleiner Perkins Caufield & Byers and Lightspeed Ventures, according to VentureBeat. EdgeSpring uses “big data” and analytics to make intelligence recommendations. The analytics can assess improvements for businesses of any size.
Ouya is an Android-powered gaming console that retails for $99. The console was originally supposed to start selling on June 4th, but now it will be delayed to June 25th. Ouya also announced that they have received $15 million in venture capital funding led by Kleiner Perkins Caufield & Byers. Other investors that were part of this round include Mayfield Fund, NVIDIA, Shasta Ventures, and Occam Partners. This funding is on top of the $8.6 million that Ouya raised from Kickstarter in August 2012.
Based in San Francisco, California, Lending Club is a peer-to-peer lending company that can register their offerings as securities with the U.S. Securities and Exchange Commission. Lending Club has raised $125 million in funding from Google and Foundation Capital. This gave Lending Club a valuation of $1.55 billion.
Continue reading →
Ionic Security is a company that can protect sensitive data anywhere it travels and resides whether it is on corporate networks, the cloud, or mobile devices. Ionic Security offers access control, intellectual property monitoring, data encryption, and policy management. Based in Atlanta, Georgia, Ionic Security has raised $9.4 million in Series A funding led by Kleiner Perkins.
Social bookmarking website Reddit has hired former Kleiner Perkins Caufield & Byers junior analyst Ellen Pao. All eyes were on Pao when she filed a lawsuit against Kleiner Perkins over sexual harassment in May 2012. Pao has been working with Reddit as a formal and informal advisor for quite some time now so she decided to go all in with a full-time job. Pao will be working on Reddit’s strategic partnerships initiatives. Pao’s username on Reddit is ekjp. Below is what Pao said about why she joined Reddit on the company blog:
Google Ventures, Kleiner Perkins Caufield & Byers, and Andreessen Horowitz have partnered on a new program to fund startups that focus on building apps for Google Glass. The program is called Glass Collective. So how does it work?
RMG Networks is a digital media company that went public yesterday as part of a complex reverse merger with SCG Financial Acquisition Corporation. RMG was able to bypass the traditional IPO route through this process.
Clean Power Finance has announced today that they have received $37 million in growth equity from Google Ventures, Kleiner Perkins, and Claremont Creek Ventures. New investors that participated in this round include Edison International and Hennessey Capital. Clean Power Finance is known for installing solar panels in the United States. Last year around 3.3 gigawatts (16 million individual) worth of solar panels were installed in the U.S., reported Solar Energy Industries Association and GTM Research.
Continue reading →
