Amit Chowdhry | May 14, 2011 | 1,403 views | Add a Comment
Categorized under Andreessen Horowitz, Brian Lee, Kim Kardashian, Lightspeed Venture Partners, Lightspeed Ventures, Polaris Venture Partners, Polaris Ventures, ShoeDazzle

ShoeDazzle is a subscription based e-commerce company that was founded by Brian Lee and Kim Kardashian. ShoeDazzle recently raised $40 million from several Silicon Valley investor companies that include Andreessen Horowitz, Polaris Venture Partners, and LightSpeed Venture Partners. Andreessen Horowitz led the round with $30 million and general partner John O’Farrell will join the ShoeDazzle board.

Amit Chowdhry | May 25, 2010 | 660 views | Add a Comment
Categorized under Arcus Ventures, Camros Capital LLC, Flagship Ventures, Flybridge Capital, Flybridge Capital Partners, Partners Healthcare of Boston, Physic Ventures, Polaris Venture Partners, RA Capital Management LLC, T2 Biosystems Inc., WS Investments Company

T2 Biosystems Inc. has raised $15 million from 9 different investors. The company plans to use the funding to accelerate development and commercialization for its diagnostic platform. The investment round was led by Physic Ventures. Other investors include Arcus Ventures, RA Capital Management LLC, Camros Capital LLC, WS Investments Company, Flagship Ventures, Polaris Venture Partners, Flybridge Capital Partners, and Partners Healthcare of Boston. T2 Biosystems raised $10.8 million in Series B financing two years ago. [Bizjournals]
Amit Chowdhry | May 19, 2010 | 875 views | Add a Comment
Categorized under Chris Sacca, First Round Capital, Howard Morgan, Lower Case Capital, Mitch Kapor, Polaris Venture Partners, Stickybits

Stickybits has raised $1.6 million from multiple investors. First Round Capital and Lower Case Capital are two new investors that joined in on Stickybits’ funding. Previous investors that participated in this round include Mitch Kapor and Polaris Venture Partners. Chris Sacca also joined in this round. Stickybits lets you attach photos, videos, text, music, etc. to any barcode.

Amit Chowdhry | April 27, 2010 | 1,806 views | Add a Comment
Categorized under Brian Lee, Kim Kardashian, Lightspeed Venture Partners, Polaris Venture Partners, ShoeDazzle.com

ShoeDazzle.com, a women’s fashion website co-founded by Kim Kardashian has raised $13 million as part of a growth financing round. The lead investor was Lightspeed Venture Partners and previous investor Polaris Venture Partners also participated. ShoeDazzle’s previous round of funding was $7 million. The other co-founder of ShoeDazzle is Brian Lee, who also co-founded LegalZoom.com. ShoeDazzle.com asks users to fill out a survey and based on the answers, the website will recommend you certain shoes to buy from them based on your fashion preferences. [soCalTech]
Amit Chowdhry | January 6, 2010 | 1,372 views | Add a Comment
Categorized under Cisco Systems, Cisco Systems Inc., Dan Scheinman, Founders Fund, Polaris Venture Partners, Quantcast, Revolution Ventures, The Founders Fund
Quantcast, a website that monitors stats for websites announced earlier this week that they have raised $27.5 million. Cisco Systems is the leader investor in Quantcast. Quantcast competes with Alexa and Compete.com. Quantcast plans to use the funding to expand their advertising platform.
“Quantcast’s approach and technology for delivering high-value, targeted advertising aligns with the needs of Cisco’s customers, from service providers to media companies and ultimately consumers,” stated Cisco SVP and general manager of Media Solutions Group Dan Scheinman. Other investors include Polaris Venture Partners, The Founders Fund, and Revolution Ventures.
Amit Chowdhry | September 10, 2009 | 710 views | Add a Comment
Categorized under 170 Systems Inc., Kofax Inc., Polaris Venture Partners

Kofax Inc. is a management software company that has just acquired 170Systems Inc. 170 Systems Inc. builds financial process automation software. Kofax acquired 170 Systems for $32.9 million. Of the $32.9 million, about $10.1 million was paid in cash and the rest in stock options.
170 Systems is based in Boston, MA and has about 140 employees. 170 Systems is a startup backed by Polaris Ventures. Polaris invested $14 million in 170 Systems and they still had roughly $10.1 million cash in hand. 170 Systems’ revenues were about $28 million, but the company was not profitable. Kofax has roughly 1,200 employees and $300 million in annual sales.
Amit Chowdhry | August 12, 2009 | 1,019 views | Add a Comment
Categorized under Columbia Capital, Granite Global Ventures, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, Turbine

Turbine has raised $6.6 million out a planned $50 million round of funding. Turbine builds online games based on The Lord of the Rings, Dungeons & Dragons, and Asheron’s Call.
Turbine directly competes with Activision Blizzard, the developer of World of Warcraft. Turbine plans to release Dungeons & Dragons Online into a free game later this year called Eberron Unlimited.
Investors in Turbine include Columbia Capital, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures, and Granite Global Ventures. Turbine previously raised $95 million. The company has about 300 employees.
The company is even planning on announcing their first console game in the near future. Turbine may even buy out another gaming company.
[via PEHub/alarm:clock]
Amit Chowdhry | July 7, 2009 | 1,602 views | Add a Comment
Categorized under Allen & Company, Founders Fund, Polaris Venture Partners, Quantcast, Revolution Ventures, The Founders Fund

Analytics company Quantcast is seeking a $50 million round of funding which would put them at a $300 million valuation according to PEHub.
The company is rumored to have received several term sheets, but the identities of the investors is not yet known. Quantcast monitors the traffic and demographics of about 10 million web sites and they are finding ways to monetize the service through a Media Program. The Quantcast Media Program gives advertisers the ability to select the audience they want to reach by having access to demographic information.
So far Quantcast has raised $25 million in total funding. Allen & Company invested $20 million Series B in 2007. Other investors include the Founders Fund, Polaris Venture Partners, and Revolution Ventures.