Today’s Deals – Puppet Labs Secures $22M Credit From Silicon Valley Bank

puppet-labs-string Portland, OR-based DevOps company Puppet Labs today announced that it has secured a $22 million credit facility from Silicon Valley Bank. In addition, the company today appointed former Genentech CFO Lou Lavigne to its board, where he will be the chairman of its audit committee — a critical role Puppet had to fill as it prepares for a future IPO. While securing a large line of credit is… Read More

from TechCrunch

Today’s Deals – JFrog Takes Big Leap Forward With $50 Million Round

Leaping frog with huge mouth. JFrog, a developer of open source software distribution tools, announced a $50 million round today. The investment represents a substantial jump for the company, which previously had raised $10.5 million across two rounds. Investors include Scale Venture Partners, Sapphire Ventures, Battery Ventures, Vintage Investment Partners and Qumra Capital, as well as participation from existing… Read More

from TechCrunch

Today’s Deals – Food Waste Smart Meter Winnow Bags $3.3M Further Funding

Product image hand Who would have thought there’s money in measuring how much food a professional kitchen throws away? But apparently there is. Don’t take my word for it, however, just point your attention to the VCs as news comes that food waste smart meter maker Winnow has bagged a further $3.3 million in funding. Investors in what the startup is talking up as an “oversubscribed” Series… Read More

from TechCrunch

Today’s Deals – MyState Wants To Let You Know When It’s Good To Call

MyS-Introduction-final-1024x609 MyState wants to solve the pesky problem of knowing when it’s good to call. The mobile app, launching for iOS and Android today, provides what is essentially a smarter contacts book, with icons next to each contact letting you know their current communications status. The great hope of Internet calling was to provide ‘presence’ — knowing the availability or status of… Read More

from TechCrunch

Today’s Deals – Brunei Prince Invests $2M In BookDoc, A ‘ZocDoc For Southeast Asia’

Screenshot 2016-01-20 17.28.41 BookDoc, a new entrant to the space of online doctor bookings in Southeast Asia, has raised a seed round of financing which includes a $2 million investment from Prince Abdul Qawi, a member of The House of Bolkiah, the ruling family of Brunei. Read More

from TechCrunch

Today’s Deals – Singapore’s Grain Eats Up $1.7M For Its ‘Full-Stack’ Food Delivery Service

grain Grain, a Singapore food tech startup, has landed funding to build out its “full-stack” approach to food delivers in the Southeast Asian city-state. The Series A round is officially undisclosed, but TechCrunch understands that it is SG$2.45 million, or US$1.7 million. Read More

from TechCrunch

Today’s Deals – Japan’s ChatWork Lands $12.5M To Grow Its Business Messaging App In The U.S.

Screenshot 2016-01-19 19.23.43 ChatWork, a Japanese company that provides a business messaging service aimed at eliminating email and helping teams to work more efficiently, has raised $12.5 million in fresh funding to grow its presence in the U.S. and other markets. Read More

from TechCrunch

Today’s Deals – Patreon Gains $30 Million Series B Funding To Support Growth

patreon cribs Hiring the right developers is an issue for many startups in Silicon Valley, but Patreon CEO Jack Conte tells TechCrunch the speed he needs to hire is a major issue for his fast-growing subscription-based artist funding platform.
“We need to bring in so many people so fast. We need to keep up with hiring and keep up with making all of the things,” Conte said in a recent phone… Read More

from TechCrunch

Today’s Deals – GM Confirms Sidecar Acqusition As Auto Makers Take Tech Ambitions Up A Gear

9008657767_fcaeb1e20a_k Hot on the heels of its $500 million investment in transportation startup Lyft, General Motors is pumping some more gas into its ride-sharing ambitions. The company has acquired select assets of Sidecar, a would-be Uber and Lyft competitor that went bust in December with a hint that this was not the end.
The GM news, first reported by Bloomberg, was confirmed to TechCrunch directly by… Read More

from TechCrunch

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