Sequoia Capital Posts

Songbird To Shut Down On June 28th

Songbird
Songbird is a digital music service that competes against iTunes, Pandora, and Spotify.  Songbird is shutting down on June 28th after running out of funding.  Songbird raised at least $11 million in funding from Sequoia Capital, Atlas Venture, and Phillips.  A sale of the company fell through at the last minute.
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Local Services Marketplace Thumbtack Raise $12.5 Million

Thumbtack Logo
Thumbtack is a local services marketplace that has raised $12.5 million.  Javelin Venture Partners and Sequoia Capital led this round of funding.  MHS Capital and Draper Associates also participated in this round.  Sequoia partner Bryan Schreier is joining the Thumbtack board of directors.  The funding is going towards hiring additional talent and to grow the company.
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AdMob Founder Omar Hamoui To Join Sequoia Capital


Omar Hamoui is known for being the founder of AdMob, a mobile advertising company that Google acquired for $750 million in 2009.  Hamoui will now be joining venture capital firm Sequoia Capital as an investment partner in a few weeks.  Sequoia Capital was a supporter of Hamoui’s since the beginning as they invested in AdMob when he ran the company by himself.

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Online Radio Service TuneIn Raises $25 Million

TuneIn Logo

TuneIn is an online radio service that has raised $25 million in funding led by Institutional Venture Partners (IVP).  Existing investors Sequoia Capital, Google Ventures, and General Catalyst Partners also participated in this round.  IVP general partner Jules Maltz is going to be joining the TuneIn board of directors.  TuneIn has hit over 1 billion listening hours for the year this past April, which makes them the top live audio content provider.

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AWS Visualization Company MadeiraCloud Raises $1.5 Million

MadeiraCloud logo
MadeiraCloud
is an Amazon Web Services (AWS) visualization startup that makes it possible to group your resources and manage them into a single unit, either an “App” or a “Stack.”  MadeiraCloud has raised $1.5 million in a first round of funding from Sequoia Capital.

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Clustrix Raises $16.5 Million In Series C Funding

Clustrix is a NewSQL database company that has raised $16.5 million in a Series C round of funding.  The company has raised a total of $46.5 million in funding thus far.  This round of funding was provided by existing investors Sequoia Capital, U.S. Venture Partners, and ATA Ventures.

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Health Catalyst Raises $41 Million

Health Catalyst is a company that focus on providing big data solutions for the healthcare industry.  This past January, Health Catalyst has raised $33 million in Series B funding from Norwest Venture Partners, Sequoia Capital, and Sorenson Capital.  Earlier this week, Health Catalyst added more investors, including Kaiser Permanente Ventures and CHV Capital.  The company has raised a total of $41 million.

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Drawbridge Raises $14 Million In Series B

Drawbridge is a company that was created to improve mobile and cross-device advertising targeting.  The company has raised $14 million in Series B funding.  This round of funding values Drawbridge at $99 million.  The company works with companies like HotelTonight, Square, Kabam, Groupon, and PocketGems.  
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