Amit Chowdhry | January 1, 2012 | 534 views | Add a Comment
Categorized under Grokr, Srivats Sampath, U.S. Venture Partners

Grokr is a stealth startup company that has raised $1.5 million according to an SEC filing. Grokr was founded by Srivats Sampath, an EIR at U.S. Venture Partners, who previously co-founded Mercora (Social.fm) and the previous CEO at McAfee. Sampath was also a VP at Netscape. The only thing that we know about Grokr is that it will be focusing on the “cognitive web.” [TechCrunch]
Amit Chowdhry | December 7, 2011 | 305 views | Add a Comment
Categorized under Amazon, Amazon.com, Code Advisors, JPMorgan Chase and Co., LivingSocial, Revolution Ventures, U.S. Venture Partners

LivingSocial has raised $176 million in a private offering according to an SEC filing. Investors in this round include Amazon.com, U.S. Venture Partners, and Steve Case’s Revolution Ventures. Code Advisors and JP Morgan oversaw the deal and made $5 million in the process. LivingSocial offered $400 million worth of stock and sold a portion of it. About $224 million of stock still available. The final $224 million is expected to be bought in the next several weeks or months. This round of funding will be used for operations and expansion such as setting up a new company headquarters. [BusinessInsider]
Amit Chowdhry | September 28, 2011 | 480 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]
Riley Kennysmith | July 27, 2011 | 410 views | Add a Comment
Categorized under First Round Capital, Foursquare, IDG Ventures, Scribd, Smartling, U.S. Venture Partners, Venrock Capital

Crowdsourcing translation service Smartling has raised $10 million in funding to improve its localized language tech. Smartling’s investors include U.S. Venture Partners, Venrock, First Round Capital and IDG Ventures. Smartling has already gained some big-name customers, including Foursquare and Scribd. [GigaOM]
Amit Chowdhry | July 20, 2011 | 616 views | 1 Comment
Categorized under Advanced Equities, Crosslink Capital, DCM, Dell Inc., Force10 Networks, Meritech Capital Partners, Morgenthaler Ventures, New Enterprise Associates, Pacesetter Capital Group, RWI Ventures, Tudo Ventures, Turin Networks Inc., U.S. Venture Partners, Worldview Technology Partners

Dell Inc. (NASDAQ:DELL) is acquiring Force10 Networks Inc. for $700 million in cash. Force10 is a high-speed Ethernet networking equipment company that was planning to go the IPO route.

Amit Chowdhry | April 25, 2011 | 456 views | Add a Comment
Categorized under Adam Kanner, Bain Capital Ventures, Finn Wentworth, Gideon Yu, Joel Milne, Michael Bronner, ScoreBig, Shari Redstone, U.S. Venture Partners

ScoreBig is a website that offers discounts on sports, concerts, and theater tickets for their members. The company has raised $14 million in Series B funding led by U.S. Venture Partners. Bain Capital Ventures participated in this round of funding. This gives ScoreBig a total of $22.5 million in funding.

Amit Chowdhry | December 15, 2010 | 665 views | Add a Comment
Categorized under Media6°, Menlo Ventures, U.S. Venture Partners, US Venture Partners, Venrock Capital

Media6Degrees is an advertising company that uses social media data for targeting purposes. The company has raised $17 million in a second round of funding from Menlo Ventures, U.S. Venture Partners, and Venrock. The company plans to use the funding to expand their platform beyond display advertising. They plan to build an optimization platform for marketers and publisher companies. [DMWMedia]
Amit Chowdhry | November 30, 2010 | 952 views | Add a Comment
Categorized under Charles River Ventures, David Stewart, Emergence Capital, Founders Fund, Mamoon Hamid, Mark Woolway, The Founders Fund, U.S. Venture Partners, Yammer

Yammer, the micro-blogging service for enterprises, has raised $25 million in funding. The funding was led by U.S. Venture Partners. Emergence Capital, Charles River Ventures, and the Founders Fund had participated in this round. Yammer’s total funding is at $40 million. U.S. Ventures’ Mamoon Hamid will join the Yammer board of directors.
