Tag Archives: Sequoia Capital
Stoke Raises $17 Million In Series E
Stoke Inc. is a mobile broadband solutions company that has raised $17 million in Series E funding. Stoke has raised a total of $92 million thus far. The full press release is below:
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HubSpot To Have A $200 Million Valuation After Next Venture Capital Round
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.
Categories Google Ventures, Hubspot, Scale Venture Partners, Sequoia Capital
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Stella & Dot Raises $37 Million
Stella & Dot was founded by CEO Jessica Herrin, who created and sold WeddingChannel.com to TheKnot.com in her 20′s. Now Sequoia Capital is investing investing in Stella & Dot, a direct-sales jewelry business where women across the country can sell bracelets, necklaces, rings, etc.
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Categories Jessica Herrin, Sequoia Capital, Stella & Dot
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Mobile Payment Service Square Raises $27.5 Million
Square Inc. is a mobile payments service company that was founded by Twitter co-founder and chairman Jack Dorsey. Square has raised $27.5 million in a new round of funding led by Sequoia Capital. This gives Square a $240 million valuation. In Square’s last round of funding, the company had a $45 million valuation.
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Categories Jack Dorsey, Khosla Ventures, Sequoia Capital, Square, Twitter
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Meebo Raises $27.5 Million In Series D
Meebo announced earlier this week that they have raised $27.5 million in Series D. The funding was led by Khosla Ventures with participation from Sequoia Capital, DFJ, Time Warner, and JAFCO. Meebo said that they plan on using the funds to continue expanding upon their platform. Thus far the company has raised $70 million total.
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Tumblr Raises $30 Million In Series D
Tumblr, the blog platform based in New York City, that is known to be used by hipsters has raised $30 million in Series D funding. Tumblr now has more in funding than one of their biggest rivals, Automattic, the parent company of open source blog platform WordPress. Tumblr’s $30 million Series D funding was invested by Spark Capital, Union Square Ventures, and Sequoia Capital: Sequoia put in $20 million, Union Square put in $5 million, and Spark Capital put in $5 million. Rumor has it that Tumblr now has a valuation of $155 million. [ReadWriteWeb]
Categories Sequoia Capital, Spark Capital, Tumblr, Union Square Ventures
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Indian Private-Sales Website Fashion and You Raises $8 Million
Private online apparel retailer company Fashion and You has raised $8 million in funding from Sequoia Capital. Fashion And You sells premium brands at discounted price. Fashion and You is a members-only website that sells international brands, handcrafts, and fashion. “Online private sales is an execution heavy model. We have been good at creating demand and now need to prepare ourselves for massive volumes,” stated Fashion and You company chairman Harish Bahl. Fashion and You is currently growing at 30-40% month on month. Fashion and You appears to be in direct competition with Exclusively.in, a company that raised $2.8 million last month. [India Times]
Categories Exclusively.in, Fashion and You, Sequoia Capital
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Nimble Storage Raises $16 Million From Accel, Lightspeed, and Sequoia
Nimble Storage is a converged storage and back-up solution company that has raised $16 million in Series C. The funding came from existing investors Accel Partners, Lightspeed Venture Partners, and Sequoia Capital.
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Gaming Achievement and Rewards Company GameGround Raises $5.3M Series B
GameGround has raised $5.3 million in Series B funding from several VC firms. Based in New York, GameGround was founded by former MTV, Blizzard, and 888.com executives.
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Meebo Raises $25 Million In Funding Led By Khosla
Web based instant messaging service Meebo.com has raised $25 million in funding. Khosla Ventures was the lead investor in Meebo and Khosla partner Gideon Yu will become a board observer.
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