Pulse2 Technology and Social Media News » Tenaya Capital

Inkling Raises $17 Million for iPad Textbooks

Riley Kennysmith — Wed, 03 Aug 2011 17:18:30 +0000

Digital textbook startup Inkling has raised $17 million in funding to grow their company, which works with textbook publishers to create interactive iPad versions of their books. The funding comes from Tenaya Capital, Jafco Ventures, Sequoia Capital and Pearson Education. Inkling is already working with publishers like McGraw Hill and Pearson. [GigaOM]

Social Gaming Company Raptr Raises $15 Million

Amit Chowdhry — Mon, 14 Feb 2011 04:35:16 +0000

Raptr is a social gaming company that allows players to track achievements and connect to friends on consoles. Raptr has raised $15 million in a round led by DAG Ventures with participation from Tenaya Capital and Accel Partners. Raptr has raised $27 million in total funding thus far. Raptr is seeing about 750,000 new users joining every month and has a total of 6 million users. [AllThingsD]

MyShape Raises $5.5 Million In Funding

Amit Chowdhry — Thu, 11 Nov 2010 16:43:13 +0000

MyShape is a women’s fashion website that has raised $5.5 million in funding. Draper Fisher Jurvetson and Tenaya Capital are the two companies behind the funding. The funding will go towards increasing their operations team. MyShape sells bags, luggage, lingerie, shirts, golf apparel, plus size clothing, sleepwear, intimates, etc. [SoCalTech]

Eventbrite Raises $20 Million In Series D

Amit Chowdhry — Fri, 08 Oct 2010 21:24:45 +0000

Eventbrite is an online tickets website that has raised $20 million in Series D funding led by DAG Ventures. Tenaya Capital and Sequoia Capital also participated in this round of funding. Eventbrite is a 4 year old start-up based in San Francisco and raised a total of $29.5 million.

Eventbrite isn’t planning on having an IPO anytime soon. “If you see what’s out there on the ticketing side, there’s just not a lot of innovation — it’s been a status quo industry,” said Eventbrite CEO Kevin Hartz. “We’re really just getting started.”

Eventbrite is close to hitting $200 million in total ticket sales this year. The average ticket price is $60. The per-ticket fee is $0.99 and they get a 2.5-3% cut on every transaction according to GigaOM. Eventbrite does not offer reserved seating though.

[GigaOM]

ThreatMatrix Raises Over $12 Million

Amit Chowdhry — Wed, 06 Oct 2010 02:47:15 +0000

ThreatMatrix has raised $12.1 million to help prevent fraud on social networks. This round of funding was led by Tenaya Capital. U.S. Venture Partners, CM Capital, and TVP was also a part of this round.

ThreatMatrix is able to detect fraud on financial, social media, gaming, and e-commerce websites. ThreatMatrix can detect if a user is logging on from a different computer and can authorize payments.

Some of ThreatMatrix’s customers include Offerpal Media, BillMyParents, and OnlineLabels.com. About 25% of ThreatMatrix’s revenue comes from offshore businesses.

[TechCrunch]

Chinese Travel Search Company Qunar Raises $15 Million

Amit Chowdhry — Tue, 17 Nov 2009 22:11:05 +0000

Qunar is a Chinese travel search engine company that has raised $15 million from GGV Capital, Mayfield Fund, GSR Ventures, and Tenaya Capital. This round of funding occurred shortly after TripAdvisor acquired Kuxun.cn for $12 million. Qunar will be using the funding for marketing, branding, and other developments.

MyShape Raises Additional Funding

Amit Chowdhry — Thu, 27 Aug 2009 12:15:28 +0000

According to a Form D filed with the SEC, MyShape has raised additional funding. MyShape designs custom online retail stores for you called myShop. myShop displays clothes that were made for your specific measurements.

The company raised funding in July 2007 and October 2008. In the Form D, MyShape claims to have sold $10.5 million worth of equity out of a total of $12.1 million available. Emily Melton of Draper Fisher Jurvetson, Tenaya Capital’s Ben Boyer, and former AOL CEO Barry Schuler both seem to have some sort of involvement in this round.

MyShape was started by Louise Wannier. This past October, MyShape raised about $12 million in funding from Lehman Brothers, DFJ, Pasadena Angels, and Tech Coast Angels.