Alastair Goldfisher
A quick look at how the volume of deals, fundraising, IPOs and M&A changed from June to July
The enterprise storage solutions provider Pure Storage announced today that it has raised $150 million in a Series E round that the company expects will carry it through to an IPO. The large funding round was led by T. Rowe Price and Tiger Global Management. The company, founded in 2009, has now raised $245 million in funding with previous investors including Greylock Partners, Index Ventures, Redpoint Ventures, Samsung Ventures and Sutter Hill Ventures.
Couchbase, a provider of NoSQL database technology, has raised $25 million in Series D funding from Adams Street Partners, which led the round and was joined by existing investors Accel Partners, Mayfield Fund, North Bridge Venture Partners and Ignition Partners. The company has now raised $55 million in funding over four rounds.
SugarCRM, which develops open source customer relationship management software, has raised $40 million in a new equity round from Goldman Sachs & Co. As part of the funding, Antoine Munfa, a vice president at Goldman Sachs, has joined the board of the Cupertino, Calif.-based company.
Jama Software has raised a $13 million Series B round of funding from Trinity Ventures (led) and Madrona Venture Group. As part of the deal, Karan Mehandru, general partner at Trinity Ventures, has joined the board of Jama.
Sequoia Capital has raised more than $1.1 billion combined in new funds focused on U.S., China and Israeli markets, based on several new regulatory filings this morning.
Seismic, which provides a cloud-based enterprise content management system, has raised a $4.5 million Series A funding round led by Sigma West. Encinitas, Calif.-based Seismic was founded in mid-2011 and this is its first institutional round. Sigma West Managing Director Peter Solvik has joined the company board.
San Francisco-based Apsalar announced today it has raised a $9 million Series B round led by DCM, with participation from Correlation Ventures and existing investors Thomvest Ventures and DN Capital. The company, which provides mobile analytics, previously raised a $5 million Series A round in September 2011.
Swiftype, a Y Combinator startup that provides a search engine for websites and mobile apps, has raised a $1.7 million seed-stage round of funding from a number of individual investors and venture firms. Investors include Andreesen Horowitz, New Enterprise Associates, Kleiner Perkins Caufield & Byers and Ignition Partners, as well as Sam Altman, SV Angel, Alexis Ohanian, Paul Buchheit, Crunchfund, DST/Start Fund, Garry Tan, Harj Taggar, Jared Kopf, William Morris Endeavor, Data Collective, Scribd founders Jared Friedman and Trip Adler, and Tikhon Bernstam.
Early last year, many VCs publicly and privately said that the crowdfunding portion of the JOBS Act would have little to no impact on their operations. Many have changed their tune.