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October 11, 2019Client News
Club Factory raises $100M Series D funding

Gunderson Dettmer client Club factory, a China-based fashion, beauty and lifestyle e-commerce store, has raised $100 million in a Series D round of financing to expand its platform in India. The round was led by leading venture capital firm Qiming Venture Partners.

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October 11, 2019Client News
Cornershop to be acquired by Uber

Gunderson Dettmer client and grocery delivery platform Cornershop announced its acquisition by Uber. Cornershop is active in Chile, Mexico, Peru and Canada and Uber plans to add other markets including the United States.

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October 10, 2019Client News
Clari raises Series D funding

Gunderson Dettmer client and revenue operations platform Clari announced the closing of its $60 million Series D financing. The round of funding was led by Sapphire Ventures with participation from Madrona Venture Group, Sequoia Capital, Bain Capital and Tenaya Capital.

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October 7, 2019Client News
POPSUGAR to be acquired by Group Nine Media

Gunderson Dettmer client and digital content and brand platform POPSUGAR announced its acquisition by Group Nine Media, owner of media brands including Thrillist, The Dodo, NowThis and Seeker.

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October 4, 2019Client News
Qiming VC Leads Yunyinggu’s Series C

Yunyinggu, a chip manufacturing and trading joint venture company which has business operation in Mainland China and Taiwan, has announced its Series C funding. The round was led by Gunderson Dettmer client Qiming with investors Qualcomm Ventures and Northern Light Venture Capital joining.

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October 3, 2019Client News
Refinery29 acquired by Vice Media

Gunderson Dettmer client and female-centered digital media and entertainment company Refinery29 has announced its acquisition by Vice Media.

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October 2, 2019Client News
Lightspeed and Altimeter join Udaan's Series D

Gunderson Dettmer acted as counsel to Lightspeed Venture Partners and Altimeter in the $585 million Series D financing of Udaan, a network-centric B2B trade platform based in Bangalore.

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September 30, 2019Client News
Kenna Security announces Series D funding

Gunderson Dettmer client and enterprise risk management leader Kenna Security has raised $48 million in a Series D financing. New investors Sorenson Capital and Citi Ventures participated along with existing investors Bessemer Venture Partners, U.S. Venture Partners, Cosanoa Ventures, Hyde Park Angels and OurCrowd.

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September 30, 2019Client News
Khatabook raises Series A funding

Gunderson Dettmer client and Bangalore-based digitized bookkeeping and payments platform Khatabook announced a $25 million Series A financing. The round of funding came from investors including GGV Capital, Partners of DST Global, RTP Global, Sequoia India, Tencent and Y Combinator. Angel investors including Gokul Rajaram of Square, James Viraldi of TikTok, Aditya Agarwal of Dropbox, Sriram Krishnan of Twitter, Sriram Krishnan of HeadSpin, Akshay Kothari of Notion, Amrish Rau of PayU, Anand Chandrasekharan, Deep Nishar of SoftBank, Jitendra Gupta of Lazy Pay, Kunal Bahl of SnapDeal and Kunal Shah of CRED also participated in the round.

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September 25, 2019Client News
Sentry raises Series C funding

Gunderson Dettmer client Sentry, provider of a real-time crash reporting tool, has announced its $40 million Series C financing. Investors Accel and New Enterprise Associates participated in the round. The fresh capital will be used for accelerating product development and marketing efforts and team growth.

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September 24, 2019Client News
Vox Media announces merger with New York Magazine

Gunderson Dettmer client Vox Media has announced its definitive agreement to merge with New York Media. The merger will combine the publisher of New York Magazine with the ten year old modern media brand. The new Vox Media will have a combined portfolio of Curbed, The Cut, Eater, Grub Street, Intelligencer, Polygon, Recode, SB Nation, The Strategist, The Verge, Vox and Vulture, reaching hundreds of millions of people.

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September 19, 2019Client News
Automattic raises Series D funding

Gunderson Dettmer client Automattic, the open source blogging platform and WordPress operator, has announced its $300 million Series D financing. The sole investor of the round was Salesforce Ventures.

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September 18, 2019Client News
Semmle acquired by GitHub

Gunderson Dettmer client Semmle, a software engineering analytics company, has announced its acquisition by GitHub, a provider of engineering collaboration system.

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September 16, 2019Client News
TuSimple announces extended Series D

Gunderson Dettmer client and autonomous driving company TuSimple announced its $120 million Series D financing. These fresh funds are part of an extended Series D round that has reached a total of $215 million. The new round includes investor UPS, CDH Investments and Mando Corporation and the Series D round was led by SINA.

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September 12, 2019Client News
OkCredit raises Series B funding

Gunderson Dettmer client and payment record tracking app for merchants OkCredit has raised a $67 million Series B financing. The round of funding was led by Lightspeed and Tiger Global.

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September 12, 2019Client News
Trifacta raises $100M

Gunderson Dettmer client and AI-powered data wrangling company Trifacta has announced its latest $100 million round of funding. The financing included new investors Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures and ABN AMRO Digital Impact Fund. Existing investors Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners and Infosys also participated. The company plans to use the fresh funds for accelerated expansion into new geographies, verticals and product areas.

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September 9, 2019Client News
Grove Collaborative announces $150M fundraise

Gunderson Dettmer client Grove Collaborative, a human and environmental health conscious consumer goods company, has raised a $150 million Series D financing. The funding round was led by Lone Pine Capital, General Atlantic and Glynn Capital with participation from Greenspring Associates, Norwest Venture Partners, Mayfield Fund, NextView Ventures, MHS Capital and Heron Rock Capital.

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September 3, 2019Client News
OpenGov raises Series D financing

Gunderson Dettmer client OpenGov, the leader in enterprise cloud solutions for government, announced its $51 million Series D funding. The financing round was led by Weatherford Capital and 8VC, with participation from existing investor Andreessen Horowitz.

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August 30, 2019Client News
Credit Sesame raises late stage financing

Leading consumer credit health management platform and Gunderson Dettmer client Credit Sesame has raised $43 million in equity and debt funding. ATW Partners led the equity financing.

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August 28, 2019Client News
Credijusto raises Series B funding

Gunderson Dettmer client Credijusto, a Mexico City-based fintech company offering asset-backed loans and equipment leases to small and medium businesses, has announced its $42 million Series B financing. The round was led by Point72 Ventures and Goldman Sachs PSI and included new investors Thomvest Ventures, Wolfson Group, Third Lake Capital and Argo Ventures as well as existing investors Kaszek Ventures, QED Investors, Broadhaven Capital Partners, John J. Mack and Supernode Ventures.

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August 27, 2019Client News
FreshToHome raises Series B funding

Gunderson Dettmer client and FreshToHome, a Bengaluru-based fish and meat delivery company, announced that it raised US$20 million in a Series B round led by venture growth fund Iron Pillar. Joe Hirao, the founder of ZIGExN, also participated.

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August 22, 2019Client News
Tiger Global invests in INDwealth

Gunderson Dettmer acted as legal counsel to Tiger Global in its $15 million investment in Indian wealth management platform INDwealth. The company, led by founder and CEO Ashish Kashyap, the former founder and CEO of Ibibo which was acquired by MakeMyTrip, enables consumers to track and organize financial investments, expenses, loans and taxes over one platform.

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August 20, 2019Client News
H20.ai announces Series D funding

Gunderson Dettmer client and open source leader in artificial intelligence and machine learning H20.ai has raised $72.5 million in a Series D financing. The round was led by Goldman Sachs and the Ping An Global Voyager Fund with participation from Wells Fargo, NVIDIA and Nexus Venture Partners.

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August 20, 2019Client News
Simon Data raises $30M Series C funding

Gunderson Dettmer client Simon Data, an enterprise marketing technology platform, announced its Series C financing of $30 million. The funding round was led by Polaris Partners with participation from existing investors .406 Ventures and F-Prime Capital.

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August 18, 2019Client News
Asia Partners leads $70M investment in RedDoorz

Gunderson Dettmer client and Singapore-based private-equity firm Asia Partners led the $70 million Series C funding of RedDoorz. RedDoorz is Sinapore’s leading hotel booking and management platform. Investors Rakuten Capital and Mirae Asset-Naver Asia Growth Fund also participated in the round. The company will use the fresh capital to launch in new markets and boost hotel staff training programs.

The Gunderson Dettmer deal team was led by Jonathan Pentzien and included David He and Vanessa Ho.

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August 15, 2019Client News
Lightspeed Venture Partners invests in ShareChat’s Series D

Gunderson Dettmer client Lightspeed Venture Partners participated in the $100 million Series D financing of ShareChat. The round was led by Twitter with TrustBridge Partners, Shunwei Capital, SAIF Capital, India Quotient and Morningside Venture Capital also participating.

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August 14, 2019Client News
Scoop raises Series C funding

Gunderson Dettmer client and carpooling app Scoop announced its $60 million Series C financing. The round was led by Activate Capital with participation from new investors NGP Capital, BNP Paribas and Total Ventures and existing investors Index Ventures, Signia Venture Partners, Workday Ventures and G2VP.

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August 12, 2019Client News
Lucidworks raises $100M

Gunderson Dettmer client and leader in AI-powered search solutions Lucidworks has announced a $100 million investment from investors including Francisco Partners and TPG Sixth Street Partners.

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August 7, 2019Client News
RoosterBio raises $15M

Gunderson Dettmer client RoosterBio, a cell manufacturing platform technology company focused on sustainable regenerative medicine, has raised $15 million in Series B funding. The initial Series B round was led by Dynamk Capital and the company expects to close with additional investors later this month. The fresh funds will be used to expand and scale the RoosterBio team.

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August 6, 2019Client News
Cockroach Labs raises Series C funding

Gunderson Dettmer client Cockroach Labs, a provider of an open source database for building durable cloud services, has announced its $55 million Series C financing. The round was led by Altimeter Capital, Tiger Global and GV with existing investors Benchmark, Index Ventures, Redpoint Ventures, FirstMark Capital and Work-Bench participating.

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