Amit Chowdhry | September 28, 2011 | 473 views | Add a Comment
Categorized under Aaron Levie, Andreessen Horowitz, Box.net, Draper Fisher Jurvetson, Dylan Smith, Emergence Capital, Emergence Capital Partners, Meritech Capital Partners, Salesforce.com, Scale Venture Partners, U.S. Venture Partners

Box.net has raised a new round of $50 million in funding. Investors in this round include Salesforce.com, Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners, and U.S. Venture Partners. Box.net has now raised a total of $128 million. Box.net has 7 million users and 300 million documents are stored on their service. Box.net was founded in 2005 by Aaron Levie and Dylan Smith in 2005. About 77% of the Fortune 500 uses Box.net’s cloud storage solutions service. [TechCrunch]
Amit Chowdhry | April 26, 2011 | 554 views | Add a Comment
Categorized under Battery Ventures, ExactTarget, Greenspring Associates, Scale Venture Partners, Technology Crossover Ventures

ExactTarget has raised $30 million in a new round of funding to fund acquisitions and to expand operations. ExactTarget is an e-mail marketing company that acquired CoTweet in 2009. ExactTarget raised $70 million in May 2009. ExactTarget’s revenues increased 41% to $134 million in 2010. ExactTarget was initially planning on going IPO in late 2007, but decided to raise funding instead. The latest round of funding was led by Technology Crossover Ventures. Battery Ventures, Scale Venture Partners, and Greenspring Associates also participated in this round. [paidContent]
Amit Chowdhry | March 13, 2011 | 819 views | Add a Comment
Categorized under Brian Halligan, Dharmesh Shah, General Catalyst Partners, Google Ventures, Hubspot, Massachusetts Institute of Technology, Matrix Partners, Salesforce.com, Scale Venture Partners, Sequoia Capital

Brian Halligan and Dharmesh Shah founded HubSpot Inc. in 2006 and they have recently raised $32 million in Series D. The funding was provided by new investors Google Ventures, Sequoia Capital, and Salesforce.com. Existing investors General Catalyst, Matrix Partners, and Scale Venture Partners also participated in this round. HubSpot has raised a total of $65 million thus far.

Amit Chowdhry | February 18, 2011 | 726 views | Add a Comment
Categorized under Advent Venture Partners, Advent Venture Partners LLP, Comcast Interactive Capital, Dance Ventures, General Catalyst Partners, Scale Venture Partners, Vitrue

Vitrue is a social media management company that has raised $17 million in Series C funding. Scale Venture Partners and Advent Venture Partners led this round of funding. Existing investors General Catalyst Ventures, Comcast Interactive, and Dance Ventures also participated. Some of Vitrue’s customers include Ford, Intel, MTV, Best Buy, and McDonald’s. Vitrue will be using the funding for expansion. [Mashable]
Amit Chowdhry | January 19, 2011 | 1,342 views | 1 Comment
Categorized under Google Ventures, Hubspot, Scale Venture Partners, Sequoia Capital

HubSpot is a digital marketing company that is close to receiving a new round of venture capital that would give them a $200 million valuation. Google Ventures and Sequoia Capital are rumored to be participating in the next round of funding. HubSpot’s last round of funding was $16 million and it was led by Scale Venture Partners. Thus far the company has raised $33.5 million.
Amit Chowdhry | April 7, 2010 | 880 views | Add a Comment
Categorized under Box.net, Draper Fisher Jurvetson, Scale Venture Partners, U.S. Venture Partners

Cloud content management platform company Box.net has raised $15 million in Series C. The funding was led by Scale Venture Partners. Other investors included DFJ and U.S. Venture Partners. The company has raised a total of $29.5 million thus far.
Box.net has a free iPad app that helps promote the premium products. Box.net currently has 4 million customers including the Oprah Winfrey Network, Nokia, and Volvo. During the first quarter, revenue was up 300%. [GigaOM]
Amit Chowdhry | February 22, 2010 | 732 views | Add a Comment
Categorized under ATEL Ventures, Debi Coleman, Outlook Ventures, Reply!, Reply.com, Scale Venture Partners

Reply.com is a local cost-per-click company. The company is preparing for a $60 million IPO according to a document filed with the SEC as of this morning. Reply.com’s revenues for 2009 was $32.6 million. The company operates with 50% gross margins. The company was profitable in 2009 for the first time. Reply.com raised a total of $27.5 million from venture capitalists. Investors include Scale Venture Partners, Outlook Ventures, ATEL Ventures, and Debi Coleman (former Apple CFO). [TechCrunch]
Amit Chowdhry | December 3, 2009 | 1,046 views | Add a Comment
Categorized under Battery Ventures, ExactTarget, Montagu Newhall, Scale Venture Partners, Technology Crossover Ventures

ExactTarget is an e-mail marketing company that has just raised $70 million according to an SEC filing. This brings the total funding for the year to $145 million according to TechCrunch. The latest $70 million round of funding was provided by Technology Crossover Ventures. The previous round of funding comes from Battery Ventures, Scale Venture Partners, and Montagu Newhall. ExactTarget was planning to file an IPO but ended up changing their minds.
ExactTarget helps clients design e-mail marketing materials such as coupons. The company also provides automated fraud alerts to clients and sets up SMS text messages. Some of ExactTarget’s customers include Home Depot, Expedia, and Gannett.