Mark Gorenberg is striking out on his own, after 23 years with Hummer Winblad.
FORTUNE -- Mark Gorenberg appears to be launching his own venture capital fund, after 23 years with Hummer Winblad Venture Partners.
Gorenberg is listed as the sole executive officer on an SEC filing for Zetta Venture Partners, a San Francisco-based platform that is seeking to raise upwards of $40 million. No additional information was disclosed.
Zetta Venture Partners does MOREDan Primack - Nov 18, 2013 11:52 AM ET
Zulily is going public tomorrow at a $2.6 billion valuation. Read all about it here, because no one else seems to care.
FORTUNE -- It has been more than an hour since Zulily (ZU), a flash sales site focused on children and mothers, announced that it has raised $253 million in its IPO. This should be a very big deal among the tech press. Four-year old ecommerce company now valued at MOREDan Primack - Nov 14, 2013 7:48 PM ET
Kleiner Perkins partner ponders next act.
FORTUNE -- Chi-Hua Chien, a partner with Kleiner Perkins Caufield & Byers, is thinking about launching his own venture capital fund, Fortune has learned.
Chien is in the very early stages of talking to both prospective LPs and his Kleiner Perkins colleagues, for what likely would be a small seed and early-stage fund focused on consumer technology companies.
Last month we reported on a major management shake-up over MOREDan Primack - Nov 14, 2013 12:19 PM ET
Online real estate company raises $50 million in pre-IPO round.
FORTUNE -- Online real estate company Redfin has raised $50 million in what it believes will be its last round of VC funding before going public.
Tiger Global Management led the round, and was joined by T. Rowe Price Associates and existing investors Greylock Partners, Globespan Capital Partners, Draper Fisher Jurvetson, Vulcan Capital and The Hillman Company.
Fortune has learned that the deal was MOREDan Primack - Nov 13, 2013 9:41 PM ET
Clearleap, a Duluth, Ga.-based provider of multiscreen video logistics for the television industry, has raised $20 million in new VC funding. Susquehanna Growth Equity led the round, and was joined by return backers Trinity Ventures and Noro-Moseley. www.clearleap.com
6Wunderkinder, a German developer of cloud-based productivity applications, has raised $19 million in Series B funding. Sequoia Capital led the round, and was joined by return backers Atomico and Earlybird Ventures. www.6wunderkinder.com
Xangati, a Cupertino, Calif.-based provider of cloud and MOREDan Primack - Nov 13, 2013 11:53 AM ET
Bill.com, a Palo Alto, Calif.-based provider of integrated bill payment solutions, has raised $38 million in fifth-round funding. Scale Venture Partners led the round, and was joined by Bank of America, American Express, Fifth Third Bank, Pete Kight, Commerce Ventures. Return backers included August Capital, Napier Park Global Capital, TTV Capital, Jafco Ventures, Emergence Capital and DCM. The company has now raised over $70 million in total VC funding. www.bill.com
CustomInk, a Tyson's Corner, Va.-based MOREDan Primack - Nov 12, 2013 10:30 AM ET
The Honest Company raises $25 million from VCs.
FORTUNE -- The Honest Company today announced that it has raised $25 million in new venture capital funding, led by existing investor Institutional Venture Partners. This is the Los Angeles-based maker of branded all-natural/non-toxic diapers and other baby and kids products, whose co-founders include actress Jessica Alba and ShoeDazzle/LegalZoom founder Brian Lee.
Other investors include General Catalyst Partners, Lightspeed Venture Partners and ICONIQ Capital.
We MOREDan Primack - Nov 11, 2013 2:29 PM ET
The stock market has gotten too efficient for small caps to thrive, and it's costing America jobs. But there is a solution.
By Scott Kupor
FORTUNE -- As Americans, we love efficiency. In huge numbers, and with our wallets wide open, we rush toward anything that drives lower cost, highly liquid markets. Think about it. McDonald's, Amazon and Costco dominate their industries with some combination of huge choice, overall lower prices MORENov 11, 2013 1:51 PM ET
The Honest Company, a Los Angeles-based family brand offering natural, non-toxic baby and children's products, has raised $25 million in second-round funding. Institutional Venture Partners led the round, and was joined by fellow return backers Lightspeed Venture Partners and General Catalyst Partners. Also participating was new investor ICONIQ Capital. www.honest.com
DesignCrowd, an Australia-based crowdsourcing marketplace for freelance designers, has raised A$3 million in new VC funding led by Starfish Ventures, according to TechCrunch. www.designcrowd.com
Uniplaces, an international MOREDan Primack - Nov 11, 2013 10:59 AM ET
Twitter prices 70 million shares at $26 each.
FORTUNE -- Twitter this evening raised $1.82 billion in its initial public offering, and tomorrow morning is expected to begin trading its shares on the New York Stock Exchange under ticker symbol TWTR.
The micro-messaging service price 70 million shares at $26 per share, which is higher than both its original $17-$20 price range and its recently-revised price range of $23-$25 per share. It MOREDan Primack - Nov 6, 2013 6:41 PM ET
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