Posts filtered by tags: Greylock Partners[x]


Investor momentum builds for construction tech

Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups and tech at Crunchbase News. More posts by this contributor Austin in January: Cash rich and maturing Although it’s not the sexiest of industries, the hefty construction sector in 2018 attracted not only the attention but, more importantly, the dollars of investors. Historically, the multi-trillion-dollar sector has been sl...
Tags: TC, Column, San Francisco, Tech, Chicago, Austin, Venture Capital, Autodesk, Construction, Greylock Partners, Carter, Nick Carter, Chen, Trimble, Katerra, Mary Ann Azevedo

Driverless delivery startup Nuro gets $940 million SoftBank investment: Reuters

Autonomous technology startup Nuro said on Monday it raised $940 million from SoftBank Group Corp, which valued the Silicon Valley-based company at $2.7 billion. Nuro was co-founded in 2016 by two former engineers of Google’s self-driving car project, Dave Ferguson and Jiajun Zhu. The funding by SoftBank came through its $100-billion Vision Fund, which usually picks up big stakes in fast-growing technology companies. Last year, Nuro launched a self-driving delivery vehicle to run errands from pi...
Tags: Google, Softbank, Trends, Silicon Valley, Greylock Partners, San Francisco Bay Area, Kroger, Reuters, SoftBank Group Corp, Dave Ferguson, VC Deals, Nuro, Jiajun Zhu, Gaorong Capital

Softbank’s next bet: $940M into autonomous delivery startup Nuro

Nuro, the autonomous delivery startup, has raised $940 million in financing from the Softbank Vision Fund, a whopping amount that will be used to expand its delivery service, add new partners, hire employees and scale up its fleet of self-driving bots. Nuro has raised more than $1 billion from partners including SoftBank, Greylock Partners and Gaorong Capital. “We’ve spent the last two and a half years building an amazing team, launching our first unmanned service, working with incredible ...
Tags: Transportation, Softbank, Tech, Automotive, Arizona, Toyota, Self-driving Cars, Robotics, Greylock Partners, Kroger, Phoenix, Starship Technologies, Ike, Dave Ferguson, SoftBank Vision Fund, SoftBank Investment Advisers

Amazon, Sequoia invest in self-driving car startup Aurora

Aurora, the buzzy startup founded by early pioneers of self-driving car technology who led programs at Google, Tesla, and Uber, has raised more than $530 million in a Series B round led by Sequoia and includes “significant investment” from Amazon and T. Rowe Price Associates. The monster round pushes Aurora’s valuation near $2.5 billion. Aurora announced a $90 million Series A round last February from Greylock Partners  and Index Ventures, bringing its total raised to date to more than $620 mill...
Tags: Amazon, Transportation, Uber, Spacex, Tech, Automotive, Reid Hoffman, Greylock Partners, Greylock, Sequoia, Index Ventures, Pittsburgh, Chris Urmson, Aurora, Ian Smith, Urmson

What Do Product Managers Actually Do?

What do Product Managers actually do? And by that, I mean what actual work does a PM do? In an incredibly thorough introduction to the world of Product Management, Josh Elman of Greylock Partners, who has also worked at Twitter, Facebook Connect, LinkedIn and more, provides a detailed walkthrough of the same. Key Takeaways: Broad responsibilities of a Product Manager: Define the market & customer. Launch timing, sales and marketing collateral. Define the problem and value proposition. Comp...
Tags: Business, Greylock Partners, Product Management, Josh Elman, ProductManagement, Twitter Facebook Connect LinkedIn

Palo Alto in talks to buy information security firm Demisto: Reuters

JERUSALEM (Reuters) – Palo Alto Networks Inc is in talks to acquire U.S.-Israeli information security firm Demisto Inc, the Calcalist financial daily reported on its website on Monday. Palo Alto was not available for comment outside U.S. business hours while Demisto was not immediately available for comment. Calcalist said Demisto declined to comment but quoted co-founder Dan Sarel as saying: “The company is now experiencing significant growth in both sales and number of employees.” Demisto, fou...
Tags: Trends, Palo Alto, Greylock Partners, Reuters, McAfee, VC Deals, Demisto, Calcalist, Cerca Partners, JERUSALEM Reuters Palo Alto Networks Inc, Demisto Inc, Dan Sarel

Report: Zynga founder Mark Pincus is raising up to $700 million for an investment fund

Zynga founder Mark Pincus is raising up to $700 million for a new investment fund that will focus on publicly traded tech companies in need of strategic restructuring, according to a new report in Axios. It says his new firm is called Reinvent Capital and that Pincus is founding the outfit with hedge fund manager Michael Thompson, who has been steering his own New York-based firm, BHR Capital, for the last nine years. Reinvest’s plans, says Axios, involve investing in up to 15 internet, software...
Tags: TC, Facebook, New York, Alabama, Linkedin, Tech, Zynga, Reid Hoffman, Jones, Greylock Partners, Mark Pincus, Democratic Party, Emeryville, Hoffman, Pincus, Harvard Business School

Billionaire tech investor Reid Hoffman said the explosive growth of tech giants like Facebook has led to major problems, but warns that regulation may not be an easy fix

Billionaire tech investor and LinkedIn cofounder Reid Hoffman is one of the most influential people in Silicon Valley. He said tech companies have lost the public's trust because they've adapted poorly to rapid growth, and need to stop being naive or stubborn. He does not believe that increased government regulation is a quick fix, because the companies in question grow too quickly. This article is part of Business Insider's ongoing series on Better Capitalism. Americans are living in a New G...
Tags: Apple, Google, Amazon, Facebook, China, US, Trends, Linkedin, Reid Hoffman, Myanmar, Silicon Valley, Airbnb, Dell, Donald Trump, Greylock Partners, Brian Chesky

Report: Self-driving car startup Aurora is raising capital at a $2B valuation

Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “ the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora, the developer of a full-stack self-driving software system for automobile manufacturers, is raising at least $500 million in equity f...
Tags: Google, Startups, Transportation, Uber, Linkedin, Tech, Tesla, Automotive, Sydney, Venture Capital, Reid Hoffman, Sequoia Capital, Greylock Partners, Kleiner Perkins, Greylock, Intel Capital

CFOs: Prepare To Become Your Company’s Data Czar This Year

In mid-2018, Tom Bogan was the leader of business planning software company Adaptive Insights as it planned its own next steps. The Palo Alto, CA-based company was on the point of raising about $115 million in a June IPO that would have set its market value at around $705 million, according to PitchBook.But like Dustin Hoffman in “The Graduate,” the big enterprise software company Workday lured Adaptive Insights away from the IPO altar with a more attractive deal—a $1.55 billion acquisition off...
Tags: Deals, Startups, Cloud, Internet, Entrepreneurship, Ipo, Funding, San Francisco, Trends, Tech, Web, It, Excel, Software, Data Science, Innovation

PetaGene scores $2.1M in funding for its genomics data compression technology

PetaGene, the Cambridge, U.K.-based genomics data compression startup, has raised $2.1 million in further funding. Leading the round is U.S. venture firm Romulus Capital, with participation from other unnamed investors Silicon Valley and London. It brings total funding to $3.2 million. Previous investor Entrepreneur First, the company builder backed by Greylock Partners, also followed on. PetaGene is an alumnus of EF6, although notably its two founders Dan Greenfield and Vaughan Wittorff already...
Tags: Fundings & Exits, Startups, TC, Europe, London, Tech, Cambridge, Silicon Valley, Cambridge University, Greylock Partners, Greenfield, Computer Laboratory, Romulus Capital, PetaGene the Cambridge U K, Dan Greenfield, Vaughan Wittorff

GV and Greylock leads $2.6 mln round for Censys

Ann Arbor, Michigan-based Censys, a provider of internet security data, has raised $2.6 million in funding. GV and Greylock Partners led the round. Source: Press Release
Tags: Trends, Michigan, Greylock Partners, Greylock, Ann Arbor, VC Deals, Censys

In venture capital, it’s still the age of the unicorn

Howie Xu Contributor Share on Twitter Howie Xu is the vice president of artificial intelligence and machine learning at Zscaler. He previously co-founded TrustPath and served as an entrepreneur in residence at Greylock. This month marks the 5-year anniversary of Aileen Lee’s landmark article, “Welcome To The Unicorn Club”. At the time, the piece defined a new breed of startup — the $1 billion privately held company. When Le...
Tags: Amazon, Uber, Column, Elon Musk, Technology, Money, Microsoft, Entrepreneurship, Finance, China, Softbank, US, Tech, Investment, Cisco, Tesla

CRV boosts its team with new partner, venture investor

Bi-coastal venture firm CRV, which raised $600 million for its 17th fund earlier this year, announced Matt Heiman has joined the firm as a partner and Erica Van wads named venture investor. Heiman, most recently at Greylock Partners, joins the San Francisco office of CRV, focusing on consumer investments and helping shape the firm’s growth investments. He’ll be working closely with Saar Gur. Van, formerly at Presidio Partners and J.P. Morgan before that, joins the enterprise team in Boston as a ...
Tags: New York, Boston, San Francisco, Trends, People, Greylock Partners, Matt Heiman, CRV, Heiman, Izhar Armony, Erica Van, Saar Gur Van, Presidio Partners

Rockset procures $21.5 mln from Greylock and Sequoia

San Mateo, California-based Rockset, a serverless search and analytics company, has raised $21.5 million in funding. The investors were Greylock Partners and Sequoia Capital. In conjunction with the funding, Jerry Chen, a partner at Greylock, and Mike Vernal, a partner at Sequoia, have joined the board. Source: Press Release
Tags: Trends, Greylock Partners, Greylock, Sequoia, San Mateo California, VC Deals, Mike Vernal, Jerry Chen, Rockset

Two ex-Facebook employees just came out of nowhere with $21.5 million in funding for their new startup (FB)

On Thursday, Rockset — a serverless search and analytics startup founded in 2016 by two ex-Facebook employee — announced that it has formally launched its new data platform and raised $21.5 million in funding. For the past two years, Rockset has been lying low, as its engineers have been working on developing a platform targeted at developers and data scientists. Venkat Venkataramani, Rockset co-founder and CEO, tells Business Insider about how his experience working with Facebook's data ins...
Tags: Facebook, Trends, Silicon Valley, Greylock Partners, Business Insider, Rockset, Venkataramani, Venkat Venkataramani Rockset, Sequoia Capital Rockset, Rockset Venkataramani, Leaving Facebook, Dhruba Borthakur

Greylock, Sequoia back Rockset

San Mateo, California-based Rockset, provider of a cloud-based search and analytics company, emerged from stealth today and announced that it has raised $21.5 million in seed and Series A funding from Greylock Partners and Sequoia Capital. The Series A round was $18.5 million. Jerry Chen, a partner at Greylock, and Mike Vernal, a partner at Sequoia, are on the board. The company was founded in 2016 by former Facebook engineers Venkat Venkataramani and Dhruba Borthakur. Source: Press release ...
Tags: Facebook, Trends, Greylock Partners, Greylock, Sequoia, San Mateo California, VC Deals, Mike Vernal, Jerry Chen, Venkat Venkataramani, Rockset, Greylock Sequoia

Should Parents End 'Screen Time' For Children?

The New York Times reports that in Silicon Valley, "a wariness that has been slowly brewing is turning into a regionwide consensus: The benefits of screens as a learning tool are overblown, and the risks for addiction and stunting development seem high." One Facebook engineer doesn't allow his own kids to have any screen time, according to this article shared by schwit1, and even Chris Anderson, the former editor of Wired, believes screen time is addictive for children. "On the scale between can...
Tags: Apple, Facebook, Steve Jobs, Tech, New York Times, Mozilla, Bill Gates, Tim Cook, Silicon Valley, Melinda Gates, Greylock Partners, Anderson, Chris Anderson, John Lilly, Slashdot, Lilly

Docker has raised $92 million in new funding

Docker, the company that did more to create today’s modern containerized computing environment than any other independent company, has raised $92 million of a targeted $192 million funding round, according to a filing with the Securities and Exchange Commission. The new funding is a signal that while Docker may have lost its race with Google’s Kubernetes over whose toolkit would be the most widely adopted, the San Francisco-based company has become the champion for businesses that want to mov...
Tags: Google, TC, Wtf, Technology, San Francisco, Tech, Ceo, Information Technology, Software, Computing, Docker, Goldman Sachs, The Wall Street Journal, Operating System, Steve, Greylock Partners

Entrepreneur First, the company builder backed by Greylock, lands in Bangalore

Entrepreneur First (EF), the London-HQ’d company builder that invests in individuals “pre-team, pre-idea” to enable them to found new startups, is scaling up rapidly, as it promised to so. Already running programs in Paris, Berlin, London, Singapore, and Hong Kong, the so-called talent-first investor is setting up shop in Bangalore, India. Although referred to as the “Silicon Valley of India,” Bangalore fits the EF bill quite well in terms of being a tech hub with latent potential, especially wh...
Tags: Startups, TC, Hong Kong, Singapore, India, Tech, Reid Hoffman, Silicon Valley, Clifford, Greylock Partners, Bangalore, Greylock, Entrepreneur First, Matt Clifford, Ef, Hoffman

Greylock leads funding in Demisto

Cupertino, California-based Demisto, a provider of a security operations platform, announced it has raised $43 million in Series C funding. Greylock Partners led the round, which included previous investors Accel Partners, ClearSky Security and others. The company, founded in 2015, has now raised $69 million in total funding. As part of the latest round, Sarah Guo, general partner at Greylock, has joined the board. Source: Company press release
Tags: Trends, Greylock Partners, Greylock, Cupertino California, VC Deals, Demisto, Sarah Guo, Accel Partners ClearSky Security

Google Exec Who Helped Build Its $100-Billion Ad Business Is Leaving

Sridhar Ramaswamy, Google's svp for ads and commerce, will depart after 15 years at the online behemoth to join venture capital fund Greylock Partners with Prabhakar Raghavan, vp of Google cloud apps, poised to head-up its advertising division. Greylock announced on Monday that Ramaswamy will join the VC fund as a venture partner where he...
Tags: Google, Advertising, Greylock Partners, Greylock, Programmatic, Ramaswamy, Sridhar Ramaswamy Google, Prabhakar Raghavan

Google’s head of its $110B+ ads and commerce business is leaving for Greylock Partners

Sridhar Ramaswamy, Google’s head of commerce, is leaving the company after more than 15 years and will be joining Greylock Partners, sources inside the company told us and Google confirmed. Ramaswamy will become a venture partner at Greylock Partners . At Google, his position will be filled by Prabhakar Raghavan, who was previously the company’s VP of apps for Google Cloud. While at Google, Ramaswamy oversaw virtually all of Google’s Ads and Commerce products — that is, basically everything...
Tags: Google, TC, Tech, Digital Media, Commerce, Ibm, Susan Wojcicki, Greylock Partners, Greylock, San Francisco California, Sridhar Ramaswamy, Google Inc, Yahoo Labs, Verity, Ramaswamy, Google Express

Google's longtime advertising chief is leaving after 15 years to join VC firm Greylock (GOOG, GOOGL)

Sridhar Ramaswamy, who helped build Google's ad business into a money-machine, is leaving to join a venture capital firm.  He will join Greylock Partners as a venture partner. He started at Google's Ad groups in 2003 was generating $1.5 billion. In 2013, the company recorded ad revenue of $95 billion.  Ramaswamy will be replaced by  Prabhakar Raghavan, vice president of Engineering at Google. Sridhar Ramaswamy, one of the people responsible for Google’s success in advertising, is leavi...
Tags: Google, Microsoft, Trends, Sundar Pichai, Greylock Partners, Samsung Galaxy Note, Sridhar Ramaswamy, Ramaswamy, Prabhakar, Sridhar, Prabhakar Raghavan, Greylock Ramaswamy, Greylock GOOG GOOGL, Greylock Partners the company, Business Insider Prabhakar, June Ramaswamy

Benchmark is staying focused, targeting $425M for ninth fund

VC powerhouse Benchmark has filed to raise $425 million for its ninth flagship fund. While other firms close billion-dollar venture funds despite a history of smaller fundraises, Benchmark is sticking to its guns. The firm, known for its early bets on Twitter, Uber, Snap and WeWork, hasn’t fallen victim to the SoftBank effect. Longtime Benchmark general partners Bill Gurley and Peter Fenton are listed on the filing alongside three newer members of the partnership. Benchmark staples Mitch L...
Tags: Travel, TC, Facebook, Uber, Business, Finance, Softbank, Venture Capital, SEC, Vice President, Travis Kalanick, WeWork, Carsharing, Greylock Partners, Nea, Benchmark

Meet the startups that pitched at EF’s 10th Demo Day in London

Entrepreneur First (EF), the company builder and “talent first” investor, held its tenth London Demo Day this afternoon. This time around the even had a decidedly more international bent as it combined pitches from the London and recently launched Berlin programs. Once again, the pitches took place in front of a nearly overcapacity crowd at King’s Place in London’s King Cross area, and saw a 24 startups pitch their wares to investors, press and other actors in the European tech scene. EF stands ...
Tags: Startups, TC, Hong Kong, Europe, London, Berlin, Singapore, Tech, Paris, Reid Hoffman, Silicon Valley, King, Greylock Partners, Greylock, Entrepreneur First, King Cross

Looking for Venture Capital? Avoid the 3 Biggest Pitch Deck Mistakes

By Katie Bronnenkant Most entrepreneurs know they should avoid the obvious mistakes when creating their pitch deck: pitch is too long or not clear, it says there are no competitors, etc. But what a lot of first-time entrepreneurs do not know is what venture capitalists are actually looking for. In a way, VCs are like clients. You’re trying to sell them on your idea and vision for your company in exchange for their investment. That means you need to understand what they are looking for. Your cust...
Tags: Google, Facebook, Sales, Linkedin, Venture Capital, Reid Hoffman, Greylock Partners, VCs, Hoffman, Financing & Credit, Angel & Venture Funding, Mistakes When Raising From VCs, Pitch Deck Mistakes, What To Avoid In Your Pitch Deck, Katie Bronnenkant, Katie Bronnenkant Katie Bronnenkant

On-demand trucking app Convoy raises $185M at $1B valuation

CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated in the financing alongside existing investors. Convoy has long been backed by Greylock Partners, which led the startup’s Series A in 2015. Y Combinator is also a backer. In...
Tags: Amazon, TC, Uber, Y Combinator, Drew Houston, Tech, Ceo, Software, President, Computing, Dropbox, Starbucks, Salesforce, Seattle, Greylock Partners, Alphabet

Convoy Reloads With $185M For Its Freight Shipment Marketplace

Convoy, an online marketplace that connects shippers with freight truck fleets and independent drivers, announced today it raised $185 million in a Series C fundraising round led by CapitalG, the growth equity investment fund of Alphabet, Google’s parent company.With its new funding, Seattle-based Convoy  plans to continue expanding its network of customers and truckers to more U.S. regions, CEO Dan Lewis says. The company uses its automated technology to track available trucks and delivery job...
Tags: Google, Deals, Startups, Mobile, Y Combinator, Marketplace, Internet, Entrepreneurship, Funding, San Francisco, Trends, Unilever, Web, It, Vc, Software

Coinbase’s Brian Armstrong: ‘I’d love to run a public company’

Brian Armstrong, the CEO of cryptocurrency trading platform Coinbase, wants to take his company public — maybe on the blockchain. Onstage at TechCrunch Disrupt SF 2018, Armstrong dished on his ambitions for the future of Coinbase. “We are self-sustaining,” Armstrong said. “You know, we’ve been profitable for quite a while. We don’t have any plans to raise additional capital at this point, but never say never … Someday I’d love to run a public company.” Armstrong didn’t rule out going p...
Tags: Startups, TC, Money, Tech, Ceo, Cryptography, Cryptocurrencies, Coinbase, Blockchain, Greylock Partners, Battery Ventures, Draper Associates, Spark Capital, Armstrong, Brian Armstrong, Section 32