Tag Archives: Kleiner Perkins Caufield & Byers

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Why Menlo Ventures Backed Construction Tech Firm Fieldwire

[Corrected 9/17/2019, 8:58 a.m, and 9/18/19, 4:53 p.m. See below.] Fieldwire, whose mobile app helps builders and construction crews coordinate their work, announced today it has lined up a total of $33.5 million across two newly disclosed fundraising rounds. The San Francisco-based construction tech company says it raised $8.5 million in a Series B funding […]

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Livongo Upsizes IPO to $355M in Bid to Become Netflix of Health

Livongo Health, a digital health company developing devices and software to help patients manage treatment for diabetes and other chronic conditions, said it expects to net $355.2 million in an initial public offering. Mountain View, CA-based Livongo late Wednesday priced its offering of approximately 12.7 million shares of its common stock at $28 per share. […]

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Beyond Meat’s IPO Bags $241M to Make Plant-Based Burgers Mainstream

A Beyond Meat burger is coming to a location near you—and soon. The food technology company’s upsized IPO has raised $241 million to finance plans to bring its plant-based “meat” to more grocery stores and restaurants across the country. Beyond Meat priced its IPO Wednesday evening at $25 per share, which was the high end […]

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“At a Critical Juncture,” Desktop Metal Gets $160M From Koch Fund

[Updated 11:41 am ET. See below.] Desktop Metal, a metal 3D-printing company, has raised $160 million in a funding round led by the technology arm of Koch Industries, the multinational industrial conglomerate owned by billionaire philanthropists and right-leaning political donors Charles and David Koch. With the Series E funding from Koch Disruptive Technologies and other investors, […]

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UiPath Snags $225M To Expand Robotic Workforce for Businesses

Top venture capital firms continue to pour money into software robotics companies that promise to automate monotonous business operations, like processing mortgage applications, that are often performed by humans. New York-based UiPath is the latest such company to score a haul, announcing Tuesday it raised $225 million in a Series C funding round co-led by […]

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Behind the Deal: Under VMware, CloudHealth Aims to Be Household Name

The excitement and sense of triumph were palpable Thursday at CloudHealth Technologies, as the company held a party celebrating its recent move to a new headquarters on the 20th floor of a downtown Boston skyscraper. The source of the heightened atmosphere was no mystery—the enterprise software startup was also reveling in its planned sale to […]

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SoftBank Taps Affectiva to Boost Pepper Robot’s Emotional IQ

Teaching robots to recognize human emotions and react appropriately is one of the grandest ambitions in robotics. Companies have made progress on this front in recent years, thanks in part to advances in machine learning, computer vision, speech recognition, and related technologies. But there is a long way to go. Now, one of the big […]

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VMware Acquiring Cloud Analytics and Management Startup CloudHealth

[Updated and corrected, 5:13 p.m. See below.] VMware has agreed to acquire CloudHealth Technologies, a Boston-based company that VMware wants for its service that lets businesses analyze and manage the cost, usage, security, and performance of private and public cloud computing options. Palo Alto, CA-based VMware (NYSE: VMW) didn’t disclose the terms of the deal. A […]

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Verana Health Lands $30M Financing Led By GV, Adds Miki Kapoor as CEO

Verana Health, a company that analyzes electronic health record data for insights useful in developing new drugs and medical devices, has raised $30 million in financing. GV, the venture arm of Google’s parent company, Alphabet (NASDAQ: GOOGL), led the Series C round of investment in the San Francisco company. Verana was formerly known as DigiSight. […]

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Boston Tech Watch: SessionM, Salesforce, Facebook, Squadle & More

It’s time to catch up on a flurry of recent Boston-area tech headlines: —SessionM, a seller of marketing automation and customer loyalty software, said it grabbed $23.8 million in venture funding from previous backers. The round was led by Salesforce Ventures, with contributions from Causeway Media Partners, CRV, General Atlantic, Highland Capital Partners, and Kleiner […]

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