Category: Fundings and Exits

Sevenhugs bets on smartphone-free connected home future with $14.6M Series A

French startup Sevenhugs closed a $14.6 million Series A today led by Xerys on a quest to better integrate smart home technology. Sevenhugs has already developed a sleep tracker and is nearing completion on development of a universal smart-remote. Sevenhugs joins Misfit, Hello, and others with its hugOne sleep-tracker. When it launches, the remote will let users simply point…

Lystable gets $11M Series A to push its gig economy SaaS in the US

Ahoy there gig economy… Lystable, which makes a software tool focused on helping businesses manage freelancers, has closed an $11 million Series A round led by Peter Thiel’s Valar Ventures and Goldcrest Capital. Spring Partners also participated in the round. The London-founded startup secured seed backing from Thiel’s fund and others, back in May 2015 — going on to raise a total…

DFJ Growth is targeting a new, $500 million fund

DFJ Growth, the 10-year-old growth-stage arm of the 30-year-old Sand Hill Road firm, is raising a new $500 million fund, suggests an SEC filing first flagged by Fortune. The timing fits the narrative of many Silicon Valley venture firms, many of which have been returning to their LPs in two years’ time, rather than a more traditional…

InVision raises $55M in Series D funding to make product design collaborative

Collaborative prototyping and design tool InVision has raised a $55M Series D round led by Iconiq Capital, the venture firm known for investing funds for Mark Zuckerberg and Jack Dorsey, among others. Existing investors Accel Partners and FirstMark Capital also participated in the round. The cash infusion comes a little less than a year after a $45M Series C.…