Alastair Goldfisher
Quorum, a San Jose, Calif.-based provider of backup, recovery and continuity services, has raised $10 million in Series C funding. The round was led by Toba Capital and included Airtek Capital Group and several angel investors. Quorum has now raised a total of $36 million in funding. In addition, Walter Angerer, a venture partner at Toba Capital, has been named interim CEO, and tech entrepreneur veteran Paul Sallaberry, a venture partner at Jafco ventures and onetime board member of Quest Software, has joined the Quorum board.
Good.co, which provides users with a personality profile test for the workplace, has raised $1.3 million in seed funding from Cloud Power Fund, The London Fund, Norwest Venture Partners, Playfair Capital and Talent Equity Ventures.
The Honest Company, which operates site to sell natural, non-toxic products, has raised a $25 million round that was led by Institutional Venture Partners. ICONIQ Capital and existing investors Lightspeed Venture Partners and General Catalyst Partners also participated in the round. The Los Angeles-based company, co-founded by actress Jessica Alba, has now raised $52 million in financing.
Jack Dorsey’s payment company talking to potential underwriters about a 2014 deal
Gainsight, which develops customer-focused software, has raised a $20 million Series B round of funding led by Bain Capital Ventures. Existing investors Battery Ventures and Summit Partners also participated in the round. The Mountain View, Calif.-based company has now raised $30 million in total funding. As part of the latest round, Ajay Agarwal, managing director at Bain Capital Ventures, has joined the board.
Cloud-based storage infrastructure developer Coho Data raised a $25 million Series B round of funding that was led by new investor Ignition Partners and included existing investor Andreessen Horowitz. As part of the funding, Frank Artale, managing director of Ignition, has joined the board, which already includes Peter Levine, partner of Andreessen Horowitz. Coho, founded by veterans of XenSource, emerged from stealth in mid-October.
Investors are taking notice that four venture-backed Chinese companies have listed on U.S. exchanges so far in 2013
Basis, Fitbit, Pebble and Sproutling, to name a few, are all well-financed makers of wearables, and they are growing and attracting more venture dollars as quickly as the devices are selling off the shelves.
Months ago, I met Sumeet Jain, a new investment director at Intel Capital, at an event at the Rosewood Sand Hill. I should’ve known then that something was up and Intel Capital was poised to jump into the wearable fray. Jain was wearing a Pebble on his right wrist, a Basis on his left and […]
Fundraising perks up some from August to end of September