Posts filtered by tags: Bessemer Venture Partners[x]


 

Unicorn startup PagerDuty files to go public

On Friday, the IT operations company PagerDuty filed its S-1 to go public. PagerDuty previously confidentially filed for its IPO, but at the time, the government couldn't review its prospectus due to the government shutdown. The IT operations company PagerDuty filed its S-1 on Friday to go public. PagerDuty, which was founded in 2009, helps alert employees when there are IT incidents.  In the last twelve months, it has generated a revenue of $107 million. It now has over 10,000 customers. ...
Tags: Trends, New York Stock Exchange, Bessemer Venture Partners, PagerDuty, Andreessen Horowitz Accel


PagerDuty just filed its S-1

Yet another San Francisco-based company looks to be going public imminently. PagerDuty, an 8.5-year-old startup that sends companies information about their technology, just filed its S-1, a public disclosure about its IPOs plans. PagerDuty, which helps companies quickly respond to IT incidents, as well as increasingly tries to anticipate them, had reportedly filed confidentially several months ago but the 35-day government shutdown meant that no one could review its prospectus (or that of other...
Tags: Startups, TC, San Francisco, Bloomberg, Morgan Stanley, Bessemer Venture Partners, Eventbrite, Bessemer, Tejada, Harrison Metal, Baseline Ventures, Julia Hartz, T Rowe Price Associates, Jennifer Tejada, Wellington Management Earlier, Accel Andreessen Horowitz


Artemis Health attracts $25 mln Series C

Salt Lake City-based Artemis Health, a benefits data analytics company, has raised $25 million in Series C funding. Bessemer Venture Partners led the round with participation from Maverick Ventures, F-Prime, Hearst Health Ventures and Rose Park Advisors. Source: Press Release
Tags: Trends, Healthcare, Bessemer Venture Partners, VC Deals, Artemis Health, C. Salt Lake City, Maverick Ventures F Prime Hearst Health Ventures


HotelTonight, Slack stakeholder Accel stays on top with $2.5B fund

Invest early and stand by your bets. Don’t buy logos or chase unicorns. That’s the Accel philosophy. At 35 years old, it has served them well, bagging the firm dozens of high-profile exits, including nine IPOs and 12 acquisitions in the last four years. Now, sources confirm to TechCrunch, the respected venture capital firm has nabbed $2.525 billion — its largest pool of capital yet — for three new funds: $525 million for its fourteenth early-stage fund, $1.5 billion for its fifth growth fund ...
Tags: Amit Kumar, Ipo, San Francisco, Tech, Airbnb, HotelTonight, Stewart Butterfield, Bengaluru, Menlo Ventures, Kleiner Perkins, Forerunner Ventures, Andrew Braccia, Accel, Bessemer Venture Partners, Battery Ventures, Insight Venture Partners


LaunchDarkly nets $44 mln Series C

LaunchDarkly, a feature management platform that software teams use to build software faster, has secured $44 million in Series C financing. Ethan Kurzweil from Bessemer Venture Partners led the round with participation from other investors that included Redpoint, Vertex Ventures, DFJ and Uncork Capital. Source: Press Release
Tags: Trends, LaunchDarkly, Bessemer Venture Partners, Ethan Kurzweil, VC Deals, Redpoint Vertex Ventures DFJ


Boston Tech Watch: .406, Circle, Haven, Shift, LinkSquares & More

The Amazon, Berkshire Hathaway, and JPMorgan-led healthcare moonshot has a name. The venture capital dollars continued to roll in for A.I. startups. The Akamai-Janrain deal was pegged at $125 million. And a local VC firm is reloading for a new fund. Read on for more of this week’s Boston technology and innovation news.—Shift Technology, a fraud detection technology startup serving the insurance industry, raised $60 million in a new Series C funding round led by Bessemer Venture Partners. Previo...
Tags: Amazon, Startups, Boston, Trends, Insurance, Tech, Cybersecurity, Fraud, Mit, Harvard, Unemployment, Paris, Fundraising, Cambridge, Deal, Carbonite


Shift Technology scores $60 mln Series C

Shift Technology, a provider of AI-native solutions for the global insurance industry, has secured $60 million in Series C funding. Bessemer Venture Partners led the round with participation from other investors that included Accel, General Catalyst and Iris Capital. Source: Press Release
Tags: Trends, Accel, Bessemer Venture Partners, VC Deals, Shift Technology, Iris Capital Source


Shift Technology raises $60 million to detect insurance fraud

Paris-based Shift Technology has raised another $60 million funding round. Bessemer Venture Partners is leading the round and existing investors Accel, General Catalyst, Iris Capital and Elaia Partners are also participating. Shift Technology is all about detecting fraudulent insurance claims. There are 70 insurance companies around the world relying on its product, such as MACIF in France, Axa in Spain, Assurant, Chubb, CNA and HyreCar in the U.S. And given the size of those companies, it means...
Tags: Startups, Europe, Boston, Tech, Spain, Paris, France Newsletter, Zurich, Bessemer Venture Partners, Elaia Partners, Shift Technology, Accel General Catalyst Iris Capital, MACIF, France Axa, Assurant Chubb CNA, Paris Shift Technology


Scytale grabs $5M Series A for application-to-application identity management

Scytale, a startup that wants to bring identity and access management to application-to-application activities, announced a $5 million Series A round today. The round was led by Bessemer Venture Partners, a return investor which led the company’s previous $3 million round in 2018. Bain Capital Ventures, TechOperators and Work-Bench are also participating in this round. The company wants to bring the same kind of authentication that individuals are used to having with a tool like Okta to appli...
Tags: Travel, Google, Startups, Cloud, Enterprise, Okta, Funding, Netflix, Salem, Bain Capital Ventures, Bessemer Venture Partners, Bain Capital Venture, Bay Area, Cloud Native Computing Foundation, CNCF, Enrique Salem


Startups Weekly: Flexport, Clutter and SoftBank’s blood money

The Wall Street Journal published a thought-provoking story this week, highlighting limited partners’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s “decision-making process is chaotic,” it’s over-paying for equity in top tech startups and it’s encouraging inflated valuations, sources told the WSJ. The report emerged during a particularly busy time for the Vision Fund, which this week led two notable VC deals in Clutter and Flexport, as well as participated in Doo...
Tags: Startups, TC, Lyft, Uber, Y Combinator, Hong Kong, London, Pinterest, Saudi Arabia, Softbank, San Francisco, Startup, Tech, Venture Capital, Tencent, The Wall Street Journal


Dashbot Raises $3 Million from Bessemer Venture Partners - CEO Arte Merritt Interview with Voicebot - Voicebot.ai

Dashbot Raises $3 Million from Bessemer Venture Partners - CEO Arte Merritt Interview with Voicebot   Voicebot.ai Dashbot.io closed a new funding round last month led by Bessemer Venture Partners. The round totaled $3 million and comes seventeen..
Tags: Seo, Bessemer Venture Partners, Voicebot Voicebot


Pinterest files confidentially to go public

Visual search engine Pinterest has joined a long list of high-flying technology companies planning to go public in 2019. The business has confidentially submitted paperwork to the Securities and Exchange Commission for an initial public offering slated for later this year, according to a report from The Wall Street Journal. Pinterest declined to comment. Founded in 2008 by Ben Silbermann, earlier reports indicated the company was planning to debut on the stock market in April. In late January...
Tags: Travel, Fundings & Exits, Startups, Lyft, Uber, Pinterest, Ipo, Venture Capital, Tokyo, Goldman Sachs, Andreessen Horowitz, Ben Silbermann, Securities And Exchange Commission, Bessemer Venture Partners, Jpmorgan, JPMorgan Chase


Funds for Richard’s Rainwater, New CPRIT Executive, & More TX Tech

—Pinpoint, an Austin startup that makes analytics tool to measure software engineering’s contribution to businesses, has raised $13.5 million in a Series A funding round led by Bessemer Venture Partners. Other investors include Storm Ventures, Boldstart Ventures, Bloomberg Beta, Slack Fund, Social Capital, and Cherubic Ventures. The new money brings Pinpoint’s total funding to $16.5 million.—A Texas-based startup will be among the participants at the Hatch Pitch competition at South By Southwes...
Tags: Startups, Texas, Microsoft, China, Cancer, Cherubic Ventures, Funding, Trends, Social Media, Tech, Investment, Sustainability, People, Palo Alto, Vc, Commercialization


Bessemer Venture Partners leads Series A round for Pinpoint

Austin, Texas-based Pinpoint, an advanced analytics platform for software engineering, has raised $13.5 million in Series A financing. Bessemer Venture Partners led the round with participation from Storm Ventures, Boldstart Ventures, Bloomberg Beta, Slack Fund, Social Capital and Cherubic Ventures. Source: Press Release
Tags: Trends, Bessemer Venture Partners, Austin Texas, VC Deals


DriveNets nets $110 mln

Israel and Red Bank, New Jersey-based DriveNets, a networking software company, has secured $110 million in funding. Bessemer Venture Partners and Pitango Growth led the round. Source:
Tags: Israel, Trends, Bessemer Venture Partners, Red Bank New Jersey, VC Deals, DriveNets


Israeli software firm DriveNets raises $110 mln in 1st funding round

Israeli networking software company DriveNets said on Thursday it raised $110 million in its first round of financing led by Bessemer Venture Partners and Israel's Pitango Growth, with the participation of several private investors.
Tags: Money, Israel, businessNews, Bessemer Venture Partners, Pitango Growth, DriveNets


DriveNets emerges from stealth with $110M for its cloud-based alternative to network routers

Software is eating the world, and today a startup that’s taking this maxim to the world of telecoms has raised a big round of funding as it comes out of stealth. DriveNets, a company out of Israel that builds cloud-based networking services that provide a cheaper and simpler alternative to the functions of traditional routers in carrier networks, has raised $110 million led by Bessemer Venture Parters and Pitango Growth, with participation also from other investors that are not being named. The ...
Tags: TC, Asia, Europe, Israel, US, Tech, Cisco, Vpn, Huawei, Bessemer Venture Partners, Sla, Susan, AT T, Arista, Aaron Mankovski, Quality of Service


Astorg to invest in Anaqua

Astorg will make a “significant” investment in Anaqua, a provider of intellectual property management solutions. No financial terms were disclosed. As a result of the transaction, Astorg will become the controlling shareholder of Anaqua, replacing Insight Venture Partners and Bessemer Venture Partners. PRESS RELEASE BOSTON–(BUSINESS WIRE)–Anaqua, the leading provider of innovation and intellectual property management solutions, today announced that the business will receive a significant equity ...
Tags: Europe, Boston, Trends, Tech, IP, Bessemer Venture Partners, Insight Venture Partners, Richard Wells, PE Deals, Latham Watkins LLP, Astorg, Anaqua, Willkie Farr Gallagher LLP, William Blair Company LLC, Bob Romeo CEO of Anaqua, Anaqua Anaqua


Pinpoint grabs $13.5M Series A to bring data discipline to engineering

Sales and marketing are steeped in data to explain just how well they are doing, but engineering, the department charged with creating the products these departments sell has lacked the tools to measure engineering effectiveness. Pinpoint wants to change that by making engineering a more data-driven endeavor. Today it announced a $13.5 million Series A round. The round was led by Bessemer Venture Partners with participation from seed investors Storm Ventures, Boldstart Ventures, Bloomberg Beta, ...
Tags: Startups, TC, Austin, Bessemer Venture Partners, Jira, Axway, Jeff Haynie, Facebook Google Apple, Nolan Wright


Pinpoint grabs $16.5M Series A to bring data discipline to engineering

Sales and marketing are steeped in data to explain just how well they are doing, but engineering, the department charged with creating the products these departments sell has lacked the tools to measure engineering effectiveness. Pinpoint wants to change that by making engineering a more data-driven endeavor. Today it announced a $16.5 million Series A round. The round was led by Bessemer Venture Partners with participation from seed investors Storm Ventures, Boldstart Ventures, Bloomberg Beta, ...
Tags: TC, Tech, Austin, Bessemer Venture Partners, Jira, Axway, Jeff Haynie, Facebook Google Apple, Nolan Wright


Second Measure nabs $20 mln Series A

Silicon Valley-based Second Measure, a provider of data analytics on consumer spending patterns and business performance, has secured $20 million in Series A funding. Bessemer Venture Partners and Goldman Sachs led the round with participation from Citi Ventures. Source: Press Release
Tags: Trends, Silicon Valley, Goldman Sachs, Bessemer Venture Partners, Citi Ventures, VC Deals


Axonius scores $13 mln Series A

Israel-based Axonius, a cybersecurity asset management company, has raised $13 million in Series A funding. Bessemer Venture Partners led the round with participation from return backers YL Ventures, Vertex, WTI and Emerge. Source: Press Release
Tags: Israel, Trends, Bessemer Venture Partners, VC Deals, Axonius, YL Ventures Vertex WTI


Startups Weekly: Spotify gets acquisitive and Instacart screws up

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. On top of that, Himalaya, a free podcast app I’d never heard of until this week, raised a whopping $100 million in venture capital funding to “esta...
Tags: Fundings & Exits, Startups, TC, Uber, Y Combinator, Spotify, Web Summit, Funding, Tech, CMO, Palo Alto, Venture Capital, Tencent, Reddit, Bird, Silicon Valley


MakerSights amasses $3.1 mln

San Francisco-based MakerSights, a product decision platform for retail, has raised $3.1 million in funding. The company’s investors include Steve Anderson, founder of Baseline Ventures; Hayley Barna, partner at First Round Capital; Elizabeth Spaulding, senior partner at Bain & Company; and Jeff Epstein, operating partner at Bessemer Venture Partners. PRESS RELEASE SAN FRANCISCO, Calif. – Feb. 5, 2019 – MakerSights, pioneer of the product decision platform for retail, today announced its vision ...
Tags: San Francisco, Trends, Leahy, Kate Spade, Ai, North America, Oracle, Levi, Birchbox, First Round Capital, Bessemer Venture Partners, Shinola, Klaus Schwab, EMEA, APAC, DoubleClick


MakeeSights amasses $3.1 mln

San Francisco-based MakerSights, a product decision platform for retail, has raised $3.1 million in funding. The company’s investors include Steve Anderson, founder of Baseline Ventures; Hayley Barna, partner at First Round Capital; Elizabeth Spaulding, senior partner at Bain & Company; and Jeff Epstein, operating partner at Bessemer Venture Partners. PRESS RELEASE SAN FRANCISCO, Calif. – Feb. 5, 2019 – MakerSights, pioneer of the product decision platform for retail, today announced its vision ...
Tags: San Francisco, Trends, Leahy, Kate Spade, Ai, North America, Oracle, Levi, Birchbox, First Round Capital, Bessemer Venture Partners, Shinola, Klaus Schwab, EMEA, APAC, DoubleClick


Talia Goldberg just became the newest partner at Bessemer Venture Partners

Talia Goldberg didn’t know what venture capital was, growing up around professionals in the medical field whose favorite dinner-time game was to describe a symptom, then ask those around the table to guess the diagnosis. Goldberg, who half-kiddingly describes herself today as a hypochondriac, says things changed during her college career at the University of Pennsylvania, where she entered into its liberal arts program but wound up spending increasing amounts of time at the business school. “I k...
Tags: TC, New York, Tech, Venture Capital, Philadelphia, University of Pennsylvania, Jeremy, Bessemer Venture Partners, Bessemer, Penn, Drexel, Goldberg, Wikia, Jeremy Levine, Talia Goldberg, ServiceTitan Korea


Austin in January: Cash rich and maturing

Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups and tech at Crunchbase News. 2019 has been good to the Austin startup scene so far. Combined, Austin startups have raised $240.3 million in January. That’s not much less than the nearly $300 million raised in all of Q4 2018. And since the beginning of the year, the Texas capital has seen a number of double-digit funding rounds and a nearly quarter o...
Tags: Startups, TC, Column, Texas, Tech, Chicago, Austin, Silicon Valley, Houston, Bessemer Venture Partners, Bessemer, Austin Business Journal, Paul O'Brien, MediaTech Ventures, Mary Ann Azevedo, Alertmedia


Startups Weekly: Even Gwyneth Paltrow had a hard time raising VC

I spent the week in Malibu attending Upfront Ventures’ annual Upfront Summit, which brings together the likes of Hollywood, Silicon Valley and Washington, DC’s elite for a two-day networking session of sorts. Cameron Diaz was there for some reason, and Natalie Portman made an appearance. Stacey Abrams had a powerful Q&A session with Lisa Borders, the president and CEO of Time’s Up. Of course, Gwyneth Paltrow was there to talk up Goop, her venture-funded commerce and content engine. “I had ...
Tags: Startups, Y Combinator, Pinterest, Entertainment, La, Softbank, Funding, Africa, Time, Tech, Washington Dc, Munchery, Joseph Gordon Levitt, Cameron Diaz, Venture Capital, Brazil


Pinterest puts an IPO on its pinboard, hiring Goldman Sachs and JPMorgan to lead an offering this year

Pinterest, the 11-year-old, San Francisco-based site known for the photos its users post about everything from wedding to beauty to art world trends, has hired Goldman Sachs and JPMorgan Chase as lead underwriters for an IPO that it’s planning to stage later this year. Reuters first reported the news. TechCrunch sources have since confirmed the development. A Pinterest spokesperson declined to “comment on rumors and speculation” when asked this afternoon for more information. Pinterest has ra...
Tags: Google, Startups, TC, Ecommerce, Pinterest, Ipo, San Francisco, Tech, Tokyo, Silicon Valley, Goldman Sachs, Andreessen Horowitz, Tim Kendall, Menlo Ventures, Bessemer Venture Partners, Reuters


Alphabet-backed Medicare Advantage startup Clover Health raises $500M

Despite a number of well-publicized hiccups, venture capitalists are betting another $500 million on health insurance provider Clover Health, TechCrunch has learned. Existing investor Greenoaks Capital led the round, according to the startup, which confirmed it was closing a new round of capital in the coming weeks. Clover Health has raised a total of $925 million to date, garnering a valuation of $1.2 billion with a $130 million Series D funding in 2017. The company, backed by Alphabet’s ...
Tags: Health, Startups, Texas, Funding, San Francisco, Tech, New Jersey, Venture Capital, Andreessen Horowitz, Cnbc, Redpoint Ventures, Cto, Greenoaks Capital, Alphabet, Bessemer Venture Partners, Clover