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Battery Ventures Buys Environmental Compliance Software Company

LBO Wire--Battery Ventures is betting it will clean up in more ways than one with its recent acquisition of Enviance Inc., a software company focused on environmental, health and safety compliance.

Boston’s Battery Ventures acquires a small California software firm

BetaBoston--Boston-based private equity and venture capital firm Battery Ventures announced today that it has acquired environmental, health, and safety software company Enviance.

Roper Industries Buying Data Innovations From Battery Ventures

LBO Wire--Data Innovations LLC , a Battery Ventures -backed provider of software for medical laboratories, said it agreed to be acquired by publicly traded technology company Roper Industries Inc . for an undisclosed sum.

The SaaS Adventure

TechCrunch--“What does it take to build a billion-dollar SaaS enterprise-software company?” I hear this question a lot in my work as a tech investor, and it’s incredibly tough to answer.

Battery Adds Two Businesses to Noise and Vibration Testing Platform

LBO Wire--Battery Ventures wants to make waves with a new platform focused on companies that test and measure noise and vibration. The Boston firm is acquiring Lansmont Corp . and its subsidiary Team Corp ., which it will operate independently within a single platform alongside Data Physics Corp ., a San Jose, Calif.-based company that Battery acquired in early 2014, according to General Partner Jesse Feldman.

Here’s Why Investors Are All Over Box Despite Its Insane Burn Rate

Business Insider--Box has finally started trading on the public market Friday and things are looking good. On its first day of trading, Box is up more than $9, showing an impressive first day pop of nearly 70%.

How Strong Is Box’s Business Model

Bloomberg West--Roger Lee, general partner at Battery Ventures, discusses Box's IPO and business model with Bloomberg's Cory Johnson on "Bloomberg West."

Enterprise IT investor Dharmesh Thakker joins Battery Ventures

Gigaom--Battery Ventures will soon have a new general partner: Dharmesh Thakker, formerly of Intel Capital, will join Roger Lee and Chelsea Stoner in Battery’s Menlo Park, California office.

Battery Ventures Lures Dharmesh Thakker from Intel Capital

Wall Street Journal--Battery Ventures has hired a new general partner, Dharmesh Thakker, to boost its investments in startups creating technology for big data and the cloud.

Software entrepreneur playbook–big data meets HR

USA Today--Big data has permeated almost all aspects of the enterprise today — from sales and marketing to product management to back-end IT. Now, the smartest companies are using big data to help fuel next-generation HR operations.

Enterprise software in 2015: Bubbles, Box and Kim Jong-un

Fortune--Some enterprise software valuations may soften in 2015, but there’s still good reason to be bullish on the sector.

What 2015 Has In Store For Native Ads, TV And Email

TechCrunch--Succeeding as a modern, high-tech marketer means adapting to accelerating changes in technology — whether that’s leveraging Facebook’s newest features, segmenting customers with even more granularity or finding a new platform for viral distribution before the rest of the business world takes notice.

On Deck Jumps in Debut After $200 Million IPO of Web Lender

Bloomberg--On Deck Capital Inc., a Web-based lending platform for small businesses, surged in its trading debut after raising $200 million in an initial public offering.

OnDeck Jumps More than 30% In First Day Of Trading

Forbes--Less than a week after Lending Club's 60% pop in its public trading debut, investor appetite for marketplace lenders remains strong: OnDeck Capital, an online service providing small business loans, jumped more than 30% in its own market debut Wednesday morning.

Women are changing the face of venture capital. Here’s how — and why it matters

The Business Journals--When venture capitalist Chelsea Stoner first met entrepreneur Heidi Jannenga, she was excited — "really, really excited," she said.

The Online Retailer’s Christmas Wish List: More Data, More Analytics, More Bandwidth

Forbes--The turkey leftovers are long gone and the holiday shopping season is moving into crunch mode. And though Thanksgiving-weekend retail sales were a little disappointing, I’m more intrigued by—and upbeat about—an emerging, high-tech aspect of this annual winter spending orgy: the smart use of big data.

After Three Years, Battery Selling Gas Detection Business to Tyco for $329.5M

LBO Wire--A bet back in 2010 that heightened emphasis on industrial safety and would create investment opportunities for Battery Ventures has paid off sooner than expected for the firm.

Announcing This Year’s 50 on Fire Winners

BostInno--Congratulations to these incendiary companies and individuals.

Venture Capital: Sand Hill Road Rules the Valley

Bloomberg Businessweek--Sand Hill Road in Menlo Park, Calif., is synonymous with venture capital in the way Washington’s K Street is with the lobbying industry. Since Kleiner Perkins Caufield & Byers became the first to hang its shingle in 1972, more than 20 other VC firms have set up headquarters there. Almost every prominent Silicon Valley company has received early-stage backing from one or more VCs on Sand Hill Road.

Woz Rejoins Flash-Memory Pioneers at New Startup

Wall Street Journal--The founders of Fusion-io, one of the first companies to bring flash memory chips to the data center, have a new company called Primary Data — and Apple co-founder Steve Wozniak has jumped aboard.

Ad Optimization Startup Boost Media Raises $19M More

TechCrunch--Boost Media announced earlier today that it has raised $19 million in Series C funding. The company allows advertisers to find the best version of their search ad — it tests variants created by a network of freelance copywriters and designers, identifies the versions with the most clicks or highest conversion rates, then promotes them in a broader campaign.

Veradocs Will Make Cloud Files Vanish if They Fall Into the Wrong Hands

Wall Street Journal--Cloud apps like Box and Dropbox make it easy for anyone to store and share documents. But they create worries for corporate IT departments, whose job is to prevent sensitive information from being leaked. Veradocs Inc. emerged Tuesday with $14 million in funding and a way to tackle the data leakage problem without forcing customers to shut cloud apps down.

Lost Key? Copies From the Cloud

New York Times--When Greg Marsh moved to New York three years ago, he discovered that his girlfriend often lost her keys and he had to spend hundreds of dollars changing the locks on their apartment. So Mr. Marsh founded KeyMe, a service that lets customers store digital copies of their keys, order them from a computer or iPhone and have them sent to their home or office.

6 questions with the most active VC in marketing tech

Chief Marketing Technologist Blog--Why is this man smiling? Well, if your firm had invested in Omniture, ExactTarget, Marketo, BlueKai, Tealium, Sprinklr, Neolane, Optimizely, Bazaarvoice, BrightEdge, and a stack of other successful marketing technology companies, you’d be smiling too.

Stratoscale scores $32M from Intel and others to converge your hardware

Gigaom--Stratoscale, which builds software that it says will morph standard servers into converged data center appliances, now has $32 million in new Series B funding.

Nitro Gets $15 Million In Series B From Battery Ventures

TechCrunch--Cloud document editing company Nitro just got $15 million from Battery Ventures. Nitro previously raised two undisclosed rounds from Australian venture capital firm Starfish Ventures, bringing the total up to $21.6 million now.

Businesses remain on Apple Pay sidelines

Los Angeles Times--For years, the big question facing mobile payment systems was whether enough shoppers would use them. Turns out, they will. IPhone 6 users rushed to register more than 1 million credit cards on Apple Pay in the first 72 hours last week, making it the most widely used contactless payment system available.

5 San Francisco Companies Disrupting Entire Industries

Inc.--I don't buy hotel rooms in advance anymore. I don't drive my own car. There's just no need. Technology has disrupted those industries and more is on the way.

Weekend Read: Merge the Yankees and Red Sox (in Tech, That Is)

Wall Street Journal--What is it that makes people so quick to pit New York against Boston — in sports, politics and, lately, technology?

Battery Ventures taps software veteran for private-equity business

Reuters--Boston-based Battery Ventures said it hired software executive Russell Fleischer as a partner for its private-equity business amid a buyout environment that offers rich returns but hard-to-find deals.

HubSpot’s shares soar on first trading day

Boston Herald--Shares of Cambridge-based software company HubSpot shot up on their first day of trading yesterday, marking the third successful initial public offering for a Boston tech company in the past three weeks.

Making Event Data The Language Of Business Intelligence, Interana Emerges From Stealth

TechCrunch--Interana, the stealthy startup founded by a who’s-who of programmers behind the new architecture of today’s brightest tech businesses, is taking the covers off its technology to turn event data into the lingua franca of business intelligence.

Battery Ventures buys 142 year-old testing equipment maker

Fortune--Battery Ventures is best-known for backing early-stage tech startups, but the bi-coastal firm also has a vibrant buyout practice that focuses on more established companies. But perhaps none quite so mature as James Heal, a 142 year-old UK company that designs and manufactures test instrumentation and test equipment for the textile and garment industry.

In Silicon Valley, Awe, Dread and Hope for Alibaba

Wall Street Journal--Silicon Valley, the center of the U.S. tech industry, watched the Alibaba IPO with a mix of anticipation, awe and dread.

Fastly Raises $40M to Make the Web Go Woosh

Forbes--Speed. When it comes to the Internet, we have an insatiable desire for it. The number of people who claim that they're happy with the speed of their Internet and don't want faster pipes is pretty much zero.    

What bubble? Legacy tech gets shut out

CNBC.com--Lost in all the chatter about the inflating tech bubble is an important detail: Most of technology's most notable names aren't participating. For the incumbents selling into the enterprise, the picture is downright bleak.    

Israeli Cyber Startup LightCyber in $10 Million Funding Round

Wall Street Journal--Light Cyber Ltd., an Israeli based cyber-security start-up, has raised $10 million in a new funding round led by Battery Ventures.

No One Tweets Like the Japanese, and That Was a Huge Problem for Twitter

Wired--Twitter engineer Mazdak Hashemi says the Japanese tweet like no one else on earth.

Inter-City Travel App GoEuro Raises $27 Million Funding Round

Wall Street Journal--GoEuro Corp., a Berlin-based online travel start-up, has closed a $27 million investment round. GoEuro’s platform lets users plan and compare travel routes between European cities by bus, train, or plane. Each option comes with trip details and costs, including transit times to and from airports.

For Billion-Dollar Companies, Venture Deals Outstrip Going Public

Wall Street Journal--Venture investors and the public markets are increasingly out of sync.  

GuardiCore Raises $11M to Protect Data Centers from Within

VentureBeat--We all know that blocking attacks from accessing data centers is not effective. Just think of the snooping government agencies have been able to do. Now companies have to acknowledge that activity and find better ways to deal with threats.    

Germ-Zapping Robot on ‘Power Lunch’

CNBC--Xenex Disinfection Services hopes to fight the war against Ebola. Its CEO Morris Miller shares a demonstration of the company's disinfection robot Sara, which he claims can destroy a deadly virus in 5-10 minutes.

Boston’s Battery Ventures Promotes Three Investors

Boston Business Journal--Boston-based venture capital firm Battery Ventures has announced three new promotions. Principals Alex Benik and Brian Lieber are now partners at the firm, and Morad Elhafed, formerly vice president for the venture firm, is now a princpal.    

Meet The Bay Area’s Top Female Venture Capitalists

7x7--According to a Fortune Magazine analysis from February 2014, just 4 percent of senior partners at venture capital firms are women; and only 12 percent of women, based on a study led by The National Venture Capital Association, are generally employed in the tech business. The Bay Area is still one of the most dynamic tech ecosystems where people are looking for more diversity: the quantity of VC firms that is starting to include women on their staff is increasing.

AppDynamics Nabs $120M to Join $1 Billion Club

Bloomberg BusinessWeek--AppDynamics, a startup that develops software for companies to monitor applications, has become the newest member of the $1 billion-plus valuation club.

Hexagon Acquires Vero Software

MarketWatch--Hexagon AB (sto:HEXAB), a leading global provider of design, measurement and visualisation technologies, announced today the acquisition of Vero Software, a world leader in Computer Aided Manufacturing (CAM) software.

Yes, I’m Direct. But you Should be, Too.

New York Times--An interview with Phil Fernandez, chief executive of Marketo, a maker of marketing automation software, conducted and condensed by Adam Bryant.  

Adrian Cockcroft on Microservices and DevOpps

InfoQ--Video interview with Battery Ventures Technology Fellow Adrian Cockcroft.

Duetto Raises $21M Led by Accel to Equip Hotels with Big Data Surge Pricing

TechCrunch--Hotels can double their profitability by successfully marking up rooms just 10 percent. That’s why Accel Partners is betting hotels will pay for Duetto, a price optimization SaaS that uses big data to dynamically surge or discount rates for rooms. 

BlockScore Lands $2M in Funding for Making I.D. Verification Easier

TechCrunch--In 2012, about 7 percent of all people aged 16 or older in the U.S. experienced identity theft, with their financial losses totaling $24.7 billion. Christopher Morton is familiar with the crime because in 2007, he had his identity stolen. With co-founders John Backus and Alain Meier, Morton created BlockScore, an identity-verification startup and member of Y Combinator’s latest batch that is launching today with $2 million in funding from Battery Ventures, Khosla Ventures, Lightspeed Venture Partners, New Atlantic Ventures, Boost VC, Y Combinator, and several angels.

WebPT Announces Significant Investment from Battery Ventures to Fuel Growth

VentureBeat--WebPT, the leading web-based electronic medical record (EMR) solution for rehabilitation therapists, today announced it has received a significant investment from Battery Ventures. WebPT intends to use the new capital to accelerate growth.

Cloud soothsayer predicts OpenStack fragmentation, Azure catchup in public cloud

GigaOm--When Adrian Cockcroft talks cloud, people listen. Or they should. He's the former cloud guru at Netflix and drove that company's use of Amazon Web Services. Since he left Netflix in January to join Battery Ventures as a technology fellow he's been traveling the world, talking to IT buyers about their tech plans. He will reveal what he learned at the Cloud Trends session at Structure Thursday.

Moving Data from Cloud to Cloud, Zerto Raises $26 Million

TechCrunch--With a new $26 million late-stage financing for disaster recovery and data management, software provider Zerto can now help businesses join the meta-cloud.

The Perfect Drug

Newsweek--Evan Rose's cancer should have killed him. He now breathes through a hole in his neck, a stoma, and when he speaks he sounds as if he has a nasty case of laryngitis. Rose describes the doctor's initial response to the outlook for his cancer--a type so rare that there are only 200 cases worldwide--as grim. "They didn't want to do anything dramatic if I wasn't going to live that long," he recalls.    

HackerRank Solves Tech Hiring Crisis by Finding Programmers Where They Live

Forbes--It is no secret that Silicon Valley has a virtually inexhaustible demand for programming talent. It is also no secret that the most important tech companies in the Bay Area recruit primarily from a very small group of prestigious U.S. universities, namely Stanford, MIT, Berkeley and CalTech. These schools do indeed produce great engineers who go on to start up and staff the companies that produce the software that is eating the world. But not only are there not enough of them to satisfy the ravenous tech behemoth—but they may not even be the best hackers these companies can find.

SiSense Raises $30M More to Bring Big Data Analytics to Businesspeople

TechCrunch--SiSense, a business intelligence startup that is among those making big data analytics accessible to ordinary business users (and not just data scientists) is today announcing more funding: a $30 million Series C round led by DFJ Growth — the VC’s arm dedicated to later-stage investments that recently announced a new fund we understand to be totalling over $500 million (in May, its size was ‘only’ $470 million).

Is Hybrid Cloudy with a Chance of Failure?

InformationWeek--Netflix's former cloud architect Adrian Cockcroft and other cloud experts weigh in on the realities of hybrid cloud.

Let Staff Go Rogue on Tech

Wall Street Journal--Want to be more competitive? Then empower your most technologically disobedient employees.

RiskIQ rakes in $25M to help companies monitor malware

GigaOm--RiskIQ, an enterprise security company, just closed $25 million in Series B funding. The company provides security monitoring services so clients can uncover and deal with malware, malvertisements and malicious mobile apps that could plague their customers and hurt their brands.

Hard knock life for this family led to 3 CEOs & 4 startups

VentureBeat--Amanda Kahlow didn’t have the easiest childhood. Her parents divorced when she was two years old. Her mother never made more than $19,000 a year. Kahlow and her two older brothers lived in 22 different homes before she was 18. There wasn’t always plumbing — or heat. Last week, her startup 6Sense emerged from stealth mode with $12 million in venture funding. It also won the innovation showdown contest for early-stage companies at VentureBeat’s DataBeat conference.

VCs Eye Big Cloud Software Returns Despite Dwindling Valuations

Reuters-- A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns.

Born Out of a Cisco Consulting Gig, Predictive Sales Tool 6Sense Raises $12M

TechCrunch--Of the many ways that big data analytics is impacting how enterprises do business, one of the most interesting has been in the area of predictive intelligence — the idea that by looking at all of the data being created in and around your organisation, you can help figure out what to do in the future.

Android Users Are More Likely to Take the Bus, While the Frequent Fliers Choose iPhones

Re/code--It’s fun to study the differences between iPhone and Android users. BlueStacks, for example, once created a portrait of what the typical Android user looks like. But in an era where companies are spending big money on mobile advertising, understanding the demographics can make a big difference to the bottom line. With that in mind, Battery Ventures decided to do its own research.

Bitcoin Startup Vaurum Gets $4M in Seed Funding from Battery Ventures, Tim Draper and Steve Case

Wall Street Journal--Investors are still bullish on bitcoin, with Battery Ventures, Tim Draper, Steve Case, and other individuals seeding Vaurum with $4 million.

Web Performance Monitoring Startup Catchpoint to Expand in China and Russia

TechCrunch--Catchpoint Systems, a web and infrastructure performance monitoring company, has expanded its monitoring locations to 206 backbone nodes, and plans to add more to Eastern Europe and the Asia-Pacific region.

Sprinklr Launches Social Ad Tools and Raises $40M More

TechCrunch--Sprinklr, which describes itself as “the largest independent social relationship platform provider,” just announced that it has raised $40 million in Series D funding. It’s also launching its first “paid social media solution,” i.e., a product for managing ad campaigns on Facebook and Twitter.

Tealium, a marketing tech firm, raises $20 million

FORTUNE -- You might not have heard of Tealium, but that's the point. The company dubs itself an "enterprise tag management" company, and aims to serve as a layer of standardization between companies' marketing departments and the dozens of digital marketing tools they want to use.

The Highs and Lows of the Startup Game: Entrepreneur Matthew Bellows Tells his Tale

Forbes--There are a lot of journeymen (and women) in the startup and tech game. Matthew Bellows would probably qualify as one of them.

Can Small Firms Benefit From the Big-Data Dividend?

BBC News--New Microsoft boss Satya Nadella reckons the "data dividend" could be worth $1.6 trillion (£950bn; 1.2tn euros) to big business over the next four years. But what about the little guys?

How Wayfair Sells Nearly $1 Billlion Worth of Sofas, Patio Chairs and Cat Playgrounds

Forbes--Wayfair is an e-commerce site selling home furnishings. But with 1,600 employees, its physical presence is rapidly outgrowing its space in an obelisklike skyscraper in Boston’s Back Bay–which happens to be a former hub of the Christian Science church. Long gone are the white shag carpets, wood paneling and executive-floor elevators that once allowed church higher-ups to avoid hoi polloi. Flat-panel TVs on each of 12 floors beam not messages of faith healing but maps of the U.S. and Europe that light up whenever there’s a sale.

Ziv Kedem: The Hummus–Baked Bean Connection

Wall Street Journal--What is it about the Israel-Boston connection that works so well in the world of tech startups?

The Art of “Something for Nothing”

New York Times--Entrepreneurs are lucky to have one big score. Richard Barton has had a string of them, by repeatedly asking the same simple question: What piece of marketplace information do people crave and don’t have?

How do free messaging companies make money?

Fox Business--Continuuity CEO Jonathan Gray chats with Fox's Stuart Varney about how free mobile messaging apps make money, and the future of his own company, which helps developers build big-data applications.

All your MySQL databases can belong to this startup

VentureBeat--Life revolves around software, and software revolves around databases. So you’ve got to keep an eye on those databases. VividCortex is totally on it. Today, during an appearance at the DEMO Enterprise conference, it launched with a nifty management tool for implementations of the popular open-source MySQL database.

The Daily Startup: Venture Firms Getting Their Message Out

Wall Street Journal--Battery Ventures has launched a new content site called Powered by Battery that will serve as “a new source of ideas, insights and introductions for entrepreneurs seeking to smartly grow their businesses.” Battery is the latest venture firm to start producing content in an effort to expand beyond mere investing.

FirstFuel: Is this startup the next Nest?

Fortune--Move over social media. The next hot tech sector might just be the very unsexy-sounding energy efficiency business. Companies in this industry use sophisticated algorithms to analyze how much energy a home or building uses and then suggest energy-saving solutions.

Palo Alto Networks Buys Cyber Security Company Cyvera for $200M

TechCrunch--Security company Palo Alto Networks has bought Cyvera, a cyber security company out of Israel. The deal is worth $200 million. The acquisition is expected to close during the second half of 2014. Cyvera had raised $13 million from Battery Ventures, Blumberg Capital, Prof. Ehud Weinstein and Dr. Ofir Shalvi.

Q2 Holdings IPO Jumps 28% in Debut

USA Today--Shares of Q2 Holdings jumped 28% Thursday to $16.68 in early trading, kicking off what's expected to be a strong slate of technology IPOs in coming weeks.

Battery Ventures Extends Software Streak with FreeWheel, BlueKai

Bloomberg News--Battery Ventures has been on a winning streak with investments in digital-marketing startups, with two of the venture capital firm’s companies — FreeWheel Media and BlueKai — being bought out in two weeks.

Wayfair, Speeding Towards IPO, Lands $2 Billion Valuation

Wall Street Journal--Wayfair, an online purveyor of home goods, says it raised $157 million from a group that includes T. Rowe Price and other mutual funds, en route to a planned initial public offering in the coming months.

Comcast Finishes FreeWheel Acquisition

Re/code--Comcast has wrapped up its deal to buy FreeWheel, the Web video ad-serving company.

Oracle Says it Will Acquire BlueKai

Re/code--Business software giant Oracle announced its second acquisition of the year, saying it will acquire BlueKai, which specializes in managing marketing data. Oracle didn’t disclose the price, but Business Insider pegged it at around $400 million.

Battery Ventures Pours $7 Million into Retail Intelligence Outfit Smarter Remarketer

VentureBeat--Battery Ventures is betting big time on the retail intelligence space. The Valley venture heavyweights poured $7 million into Smarter Remarketer, an Indianapolis-based startup whose flagship SR2 Big Data platform provides e-commerce sites with actionable intelligence on customer trends and buying habits. Battery was the only investor.

Jeff Dachis Sells His Social Analytics Firm to Sprinklr

Advertising Age--The consolidation of social marketing companies continues. A couple months after Apple bought social data provider Topsy, social marketing software company Sprinklr has acquired social analytics firm Dachis Group to help marketers wrap their heads around the meaning of social media mentions. Sprinklr founder and CEO Ragy Thomas declined to disclose the terms.

Intacct Raises $45 Million to Bring Bean Counters to the Cloud

TechCrunch--Fifteen years and one popped Internet bubble after it was first launched, the accounting software company Intacct is still alive-and-kicking… and raising new venture dollars.

Battery Ventures Names First Female General Partner

Wall Street Journal--Chelsea Stoner has continued her march up the ranks at Battery Ventures, becoming the first female general partner in the history of the 30-year-old venture firm.

Battery Buys Controlling Stake, Names New CEO of Data Physics

Silicon Valley Business Journal--Battery Ventures has bought a controlling stake in San Jose-based Data Physics Corp and named a new CEO.

Dell Moves Toward Cheap Networking

New York Times--Almost three months after the collapse of the personal computer industry forced it to become a private company, Dell is moving on its new strategy. It involves destroying the computer-networking business.

Mendix, an App-Builder Platform for the Enterprise, Closes $25M Series B Led by Battery Ventures

TechCrunch--Mendix, an app builder platform for the enterprise, has closed a $25 million Series B, led by Battery Ventures. Existing investor Prime Ventures also participated. Mendix raised a $13 million Series A back in 2011, according to CrunchBase. It was founded back in 2005.

Nutanix is Tech’s Newest ‘Unicorn’, Raising Massive $101M Round at $1B Valuation

Forbes--Nutanix has reached "unicorn" status in Silicon Valley in just four years, raising a $101M Series D funding round Tuesday led by Riverwood Capital and SAP Ventures that values the datacenter-infrastructure company at about $1 billion.

XtremIO co-founder jumps back in flash storage pool with Elastifile

GigaOm--There’s been a ton of action around flash storage, but Israeli startup Elastifile is betting that there’s still a huge untapped market for solid-state storage, and it has $8 million in Series A funding to attack it.

Netflix Loses its Cloud Guru to a VC Firm

Bloomberg BusinessWeek--It used to be good enough for venture capitalists just to hand out money. Well, not anymore. The latest example of this arrives on Tuesday, with Battery Ventures announcing the hiring of Adrian Cockcroft as the company’s first “technology fellow.”

Avalara bets on its sales-tax software–and orange

Seattle Times--Scott McFarlane has always found the idea of accounting and sales tax boring, but that didn’t stop him from starting a business to “make sales tax less taxing” for other businesses. That business is Bainbridge Island-based Avalara.

Startups Ratchet Up the Risk With Share Promises

Wall Street Journal--As the battle for financing heats up, some startups are making big promises to their early investors: a guaranteed return on their money when the company goes public.

In a Post-Amazon World, E-Commerce Site Wayfair Wants to Win at Selling Home Goods and Furnishings

TechCrunch--Taking on Amazon when it comes to e-commerce can be a futile effort. There are only a handful of e-commerce companies that have successfully been able to build a billion-dollar-plus business in e-commerce (without having physical stores) in a post-Amazon world. Zulily is one of those companies. Another one, which has stayed relatively under the radar, is Boston-based Wayfair.

Happy Holidays from the Battery Team!

Have a little fun and test your VC jargon knowledge with our game of Holiday Snowman!

Executive Profile: Michael Brown of Battery Ventures

Boston Business Journal--Michael Brown doesn’t claim to excel at early-stage startup investing. But give Brown a tech company with a promising product and some revenue, and he says he will figure out how to make the company dominant in its category.

How Greg Lambrecht is Changing the Wine World

Wall Street Journal--By the time Greg Lambrecht told me that unpaid customer evangelists are fundamental to the success of his wine-technology company,Coravin, I’d already become one.

Koru raises $4.35 million to educate college kids on how to find a job

GigaOm--Educational startup Koru, armed with $4.35 million in Series A funding, wants to help millennials get their first jobs.

Opscode gets $32M in fresh dough, a new CFO and a new name: Chef

GigaOm--Opscode, the company behind the popular Chef configuration management tool set, has a new name (it’s Chef, duh); a new CFO in Microsoft alum Curt Anderson and $32 million in new Series D funding to make the most of that new identity and to promote itself as an IT management “platform.”

Battery Ventures moves to new Boston HQ from Waltham

Boston Business Journal--Battery Ventures will open its new headquarters in the South Boston Seaport on Monday after moving from its office in Waltham on Friday.

Glassdoor raises $50M for overseas expansion

USA Today--Glassdoor, a popular jobs and career website, said Thursday it raised $50 million for international expansion. The financing round was led by Tiger Global Management and a new investor Dragoneer Investment Group joined. Existing investors Battery Ventures, Benchmark Capital, DAG Ventures, and Sutter Hill Ventures also participated.

StellaService CEO Jordy Leiser on Squawk Box

CNBC--StellaService CEO Jordy Leiser discusses holiday shopping, and customer service.

Churn and Burn: Why Customer Success Needs to be a Board Priority

Forbes--Guest post by Battery Ventures General Partner Roger Lee.

The sorry state of server utilization and the impending post-hypervisor era

GigaOm--Guest column by Battery Ventures Principal Alex Benik.

Cyberscammers take aim at Black Friday, Cyber Monday

USA Today--'Tis the season for cyberscams — and it's stacking up to be one of unprecedented plunder for cybergrinches.  

Delete by Default: Why More Snapchat-Like Messaging is on its Way

Forbes--Last May, startup founder Steve Chung got 200 MBA students at Stanford University to try a new mobile messaging app he was working on. It was a social platform that let them send photos, videos and texts to one another, along with an odd-side feature: messages that self-destructed after a few seconds, a la Snapchat.

SecretInk is the Snapchat of email and SMS with a little “Mission Impossible” sprinkled in

VentureBeat--In an age when shadowy three-letter organizations monitor all traffic in and out of Google and Facebook, tap phone lines, and generally watch everything, a little secrecy is a valuable thing. Especially if you’re sharing juicy office gossip. Which is why Powerinbox is launching SecretInk today, a privacy, self-destructing messaging service.

Growing at 200%, Boston’s Zerto Delivers Efficient Data Recovery as it Targets 2017 IPO

Forbes--Ziv Kedem knows something about recovering from disaster. But with help from his brother, Oded, he has managed to turn that knowledge into an impressive payday once. And he is on track for a bigger exit in the next three to four years as their most recent startup accelerates towards $100 million in revenue.

Hinge, Zola Books, Sprinklr: It’s Not all About Twitter Right Now

Fox Small Business Center--In a week dominated by social media news thanks to the Twitter IPO, social media management company Sprinklr also made headlines closing a $17.5 million Series C round of funding from inside investors Battery Ventures and Intel Capital. The two firms have now invested a total of $37.5 million in the four-year-old startup, which is based in New York City.

Brian O’Malley of Battery Ventures: “Investors are Fundamentally Lazy”

StrictlyVC--Yesterday afternoon, I sat down with Brian O’Malley of Battery Ventures in the gleaming marble lobby of San Francisco’s Four Seasons Hotel. Despite having a cold, O’Malley – who has led Battery’s deals in a long line of solid companies, including Bazaarvoice, which helps e-commerce companies manage customer reviews; SkullCandy, which makes headphones and earbuds; and the hotel booking service HotelTonight — spoke animatedly on a wide variety of topics.

Twitter Spurs New Technological Ecosystem

BloombergTV--Roger Lee, general partner at Battery Ventures, explores the ecosystem that has sprung up around Twitter, the steps being taken to transition into a mature public company and what this means for the valuation of tech companies. He speaks with Cory Johnson on Bloomberg Television’s “Bloomberg West.”

Big Data App Engine Continuuity Names WebLogic Founder as Director

AllThingsD--For all its vaunted importance to large companies, working with big data is kind of hard. Everybody sort of gets the point: Mine huge troves of data gathered over time through the course of normal business operations, and eventually you get to recognize patterns that turn into new insights that, in turn, can lead to changes that either make or save money. It’s the kind of problem that Jonathan Gray (pictured) solved for Facebook, where he built an internal system called Puma that gave developers a platform that let them easily build applications to work with that data, without first becoming data scientists.  

Gainsight Raises $20M Series B Round, Its Second Raise This Year for “Customer Success”

Forbes--For three years, startup JBara Software toiled in the ‘customer success’ software business, looking to management of existing clients for businesses focused primarily on acquiring new ones. As the rebranded Gainsight, however, the company’s moving faster–and taking on cash to do it. Gainsight announced a new funding round of $20 million on Wed., led by Bain Capital Ventures.

What are Sprinklr’s Plans for European Expansion?

BloombergTV--Sprinklr founder and CEO Ragy Thomas discusses Twitter's IPO and the enterprise side of social media with Deirdre Bolton on Bloomberg Television's "Money Moves."

Primary Data raises $50M–it’s all about the data, not the storage

VentureBeat--Flash storage has gotten lots of attention in the past few years, as it serves data to users more quickly than hard disk drives. But flash typically still costs more than disk, and issues with reliability and management complexity could be factors in the price difference. A stealthy startup called Primary Data is aiming to deliver storage that isn’t hampered by those issues, and a healthy $50 million round of venture capital should help a bit.

Israeli entrepreneurs nab $10M for data-center startup Stratoscale

VentureBeat--One of Israel’s most successful entrepreneurs is back with a stealthy new startup, dubbedStratoscale, that is building new software for large data centers.

Day Trading Gabelli

Forbes--The next big thing in the $1.5 trillion exchange-traded funds business is being cooked up in a small office sharing an entrance with a beauty salon in the bucolic town of Bedminster, N.J. There, in a loftlike space outfitted with whiteboards, comfy chairs and a pool table, the four principals of Precidian Investments run what amounts to a lab for designing and patenting new forms of ETFs. Few investors have heard of them, but to mutual fund firms like Fidelity and American Funds, Precidian may well be the messiah of new growth.

Ask a VC: Battery Ventures’ Brian O’Malley on AngelList Syndicates and the Importance of a Lead Investor

TechCrunch--In this week’s episode of Ask A VC, we welcomed Battery Ventures’ general partner Brian O’Malley into the studio to talk about his perspective on the latest topic du jour,AngelList Syndicates.  

Pursway raises $7.2M to help marketers find social influencers

TechCrunch -- Influencer marketing company Pursway is announcing that it has raised $7.2 million in Series B funding. Pursway says that it takes a unique approach to helping businesses reach the people most likely to drive sales — an approach it describes as “socializing data.” The company has built a database (pulled from online sources like alumni lists, event attendees, and employment history) mapping the social relationships of more than 100 million U.S. consumers.

Cloudifying Video and the Return on Collaboration

WIRED -- Everyone knows the workplace is more mobile, global, visual and collaborative these days. People use ubiquitous, two-way mobile phone and tablet cameras to communicate with colleagues in remote offices and “visual analytics” apps to create and present information, among other new technologies. But one of the most basic office collaboration tools, video-conferencing, has been lagging behind -- until now.

Businesses Putting on Blue Jeans for Network Needs

Bloomberg TV -- Krish Ramakrishnan, co-founder & CEO at Blue Jeans Network, explains the success behind his company’s networking business and how they’re turned a $50 million investment into a push to offer work from home network services. He speaks on Bloomberg Television’s “Bloomberg West.”

Blue Jeans raises $50 million to revolutionize videoconferencing

FORTUNE -- Battery Ventures investor explains why Blue Jeans is poised to battle both Cisco and Skype. Blue Jeans Networks this morning announced that it has raised a whopping $50 million in VC funding, to help expand its cloud-based, system-agnostic videoconferencing business. In other words, one videoconference participant could be using a Cisco telepresence system while another uses Skype while another uses just a basic browser.

Yesware raises a $13.5M Series B from Battery Ventures to drag sales from an art to a science

PandoDaily -- The last several years have seen billions of dollars worth of value created in the marketing automation category with companies like Omniture (sold to Adobe for $1.8B), Bazaarvoice ($683M IPO), ExacTarget (sold to Adobe for $2.5B), NeoLane (sold to Adobe for $600M), Marketo ($465M IPO), and others. Another thing these five companies share in common, other than being responsible for ushering marketing from the realm of art into the data driven digital age, is that they were all backed by Battery Ventures. Today, Battery is making a large bet that a similar transition is poised to occur in the sales category. The firm is leading a $13.5 million Series B investment into three-year-old, sales-focused email productivity platform Yesware.

BoostCTR Raises $8 Million in Financing Round Led by Battery Ventures

San Francisco, CA — Sept. 6, 2013 — BoostCTR, the leader in online advertising creative optimization, has raised $8 million in Series B funding from investors led by Battery Ventures. As part of the financing, Battery General Partner Brian O’Malley will join BoostCTR’s board.

BoostCTR snags $8M to boost ad optimization sales

GigaOM -- BoostCTR, which pairs a stable of 1000 copy writers with core optimization algorithms, now has money to boost its sales presence.

Will Hotel Tonight be the next big travel IPO? One of Wall Street’s top hedge funds thinks so

PandoDaily -- Just when we thought we were doomed to a world of Web 1.0 online travel agencies, it seems as if one online travel company may just have the chops — or at least the ambition — to aim for an IPO. It’s a surprising one. Are you ready? It’s Hotel Tonight.

InstaEDU Closes $4M Series A Led by Battery Ventures to Make High-Quality Tutoring Convenient and Accessible On-Demand

SAN FRANCISCO, CA--(Marketwired - Aug 14, 2013) - InstaEDU (www.instaedu.com), the leading online service for on-demand, high-quality tutoring, today announced that it has closed a $4 million Series A financing from top-tier investors. Battery Ventures led the round, and General Partner Brian O'Malley will be joining InstaEDU's board of directors.

Online tutoring startup InstaEDU comes out of beta with $4M led by Battery Ventures

GigaOM -- Massive open online courses (MOOCs) that instruct tens of thousands of students at once may get the lion’s share of attention in online learning these days. But San Francisco-based InstaEDU is gaining traction with a far more intimate approach: teaching students one at a time.

Goodbye Firewall Hello Obstruction, Cyvera Gets $11M from Battery

TechCrunch -- Of all the IT threats facing consumers and organizations today, zero-day attacks are some of the most serious: by definition, security teams do not have patches in place for zero-day vulnerabilities; and that means zero-day attacks can take, on average, 10 months to bring under control.

VividCortex gets $2M to monitor (and diagnose) your MySQL databases

GigaOM -- VividCortex sees the need to watch and manage database performance, starting with MySQL and now has $2 million in funding from Jaffray Woodriff, Battery Ventures and angel investors to take on that task. It also has a noted MySQL expert in CEO and co-founder Baron Schwartz, a veteran of Percona, a professional services business based on MySQL.

Battery Ventures Portfolio Company Industrial Safety Technologies (IST) To Acquire Oldham From Industrial Scientific Corporation

Waltham, MA – July 29, 2013; Battery Ventures portfolio company Industrial Safety Technologies (IST) has reached an agreement with Industrial Scientific Corporation for the proposed purchase of its Oldham fixed-point gas detection business.  Oldham provides a comprehensive portfolio of fixed system gas detection monitors and controllers and will be the fifth acquisition for IST since its inception in 2011.

Scodix Secures $5M from Battery Ventures

Rosh Ha'ayin, Israel, July 28 – Scodix Ltd, the leading provider of digital print enhancement presses for the Graphic Arts industry, has secured $5M in fresh capital from Battery Ventures.  The additional funding will be used to continue product innovation and fuel the company’s rapid growth into more markets and customers worldwide.

Elevator Pitch: Roger Lee Of Battery Ventures

San Jose Mercury News -- In our latest installment of Elevator Pitch, we talk to Roger Lee, who’s been a Silicon Valley tech investor since 2001. Before that, he spent a decade co-founding companies like Corio and NetMarket.

Wayfair.com wants you to say its name

Fortune-- Wayfair.com could have gone public by now. Some might say should. The Boston-based online retailer generated $600 million in revenue in 2012 and an IPO would create liquidity for Wayfair's 1,300 employees, not to mention boost the company's position in the online home furnishings market. But the company's co-founder and CEO Niraj Shah is not ready to pull the trigger quite yet. "It's certainly something we think is in our future," Shah says. "There are a few more things we want to accomplish while we're private first."

New Accelerator Program OpenIncubate Launches with Backing from Austin Ventures, Battery Ventures and The Valley Fund

AUSTIN, TX; BOSTON, MA; MENLO PARK, CA, JULY 18, 2013 —OpenIncubate, a new accelerator program formed to fund teams using open source IP to transform the IT infrastructure layer, launched today with commitments from Austin Ventures, Battery Ventures and The Valley Fund.

Battery Ventures Acquires IHS GmbH

Waltham, MA, Menlo Park, CA, Herzilya, IL – July 17, 2013 Battery Ventures, a private investment firm focused on technology and innovation worldwide, today announced the acquisition of Frankfurt, Germany-based IHS GmbH, a provider of technology and marketing solutions to the global hotel industry.  The transaction will enable IHS and its brands to build upon its customer-centric focus, drive continued organic growth, and pursue acquisition opportunities.  In conjunction with the investment, Battery Executive in Residence Steve Rowley joins IHS as Chairman and CEO, and Battery’s Dave Tabors and Morad Elhafed join its Board of Directors.

For Retail, ‘Big Data’ Means Big Benefits

Retail Customer Experience -- In a recent Q&A with Ran Shaul — co-founder of Pursway, a company that specializes in data analytics for retail — we asked about the benefits of Big Data, and whether the recent NSA controversy could cause a backlash from those consumers who deem the process a breach of privacy.

Stealth Data Startup RelateIQ Raises $29 Million

Wall Street Journal -- RelateIQ, a big data startup that has raised $29 million, despite being in so-called stealth mode for two years...

Three VCs Talk About Their Approaches To Portfolio Services

PE Hub -- The venture landscape has been altered in recent years...

CareAnyware and Cornell University Partner to Help Reduce Rehospitalizations by 39% in Clinically Depressed Home Health Patients

ATLANTA and Research Triangle Park, NC –  May 23, 2013 – CareAnyware, a Brightree company and leading provider of home health and hospice software solutions, and Cornell University announced today results of a recent study that showed significant reductions in rehospitalization rates for clinically depressed home health patients treated with Cornell’s Depression Carepath protocol incorporated into CareAnyware’s EMR system.

Forbes Midas List: Tech’s Top Investors 2013

Forbes -- Forbes' annual ranking of the venture industry's top tech dealmakers includes Battery General Partners Neeraj Agrawal and Roger Lee...

The 2013 Midas List: Hot Prospects

Forbes -- For the third year in a row, TrueBridge Capital has partnered with Forbes to cultivate the most exciting billing in venture capital, The 2013 Midas List, which rumor has it will be published shortly. ...  As in 2011 and 2012, we have also selected the best of the best from the next generation of venture capitalists, based on quantitative data and qualitative references confirming the sentiment throughout the industry.  ... After joining Battery Ventures in 2006, [Chelsea] Stoner quickly became a part of some of the biggest winners for the firm, including GrouponGuidewire, and RealPage.  She specializes in SaaS and healthcare IT ...

FTBpro, the largest fan-generated digital media platform in football, secures $5.8 million to fund global expansion

London, United Kingdom – May 7th 2013: FTBpro, the largest fan-generated media platform in online football, has secured $5.8 million financing from Battery Ventures and Gemini Israel Ventures, as the new media company continues to expand into key geographical markets.

Facebook, Apple vet powering up next big mobile idea at Battery

Silicon Valley Business Journal -- Facebook and Apple mobile veteran Charles Jolley jumped from the social networking giant to Battery Ventures this month, but don’t expect to see him there for very long.  Jolley, 34, sees an opportunity to launch an idea he has been brewing for several years and took the entrepreneur in residence gig on Sand Hill Road...

Mobile Expert Charles Jolley Joins Battery Ventures as an Entrepreneur in Residence

WALTHAM, MA, MENLO PARK, CA and HERZLIYA, Israel; April 23, 2013 - Battery Ventures today announced that Charles Jolley, most recently Facebook’s Mobile Platform Head of Product, and co-founder of mobile software company Strobe (acquired by Facebook), has joined as an Entrepreneur in Residence (EIR) in its Menlo Park office. Jolley is a well-known and seasoned technologist and entrepreneur, who will bring his deep background in mobile, software and tablet engineering to work alongside the Battery investment team.

Venture Investing Drops In Q1 Despite More VC Funds Raised

Forbes -- Venture capital firms raised more dollars from their limited partners in the first quarter of 2013 than in the prior quarter, showing that it may have stabilized the larger trend of a shrinking industry. ... The largest funds raised in the quarter were from Battery Ventures, Third Rock Ventures, Spark Capital, Redpoint Ventures and Nokia Growth Partners.

Gainsight Raises $9 Million From Battery Ventures, Names Mehta CEO

All Things Digital -- Meet Gainsight. Until yesterday, it was a startup known as JBara Software. Today it changed its name, announced the closing of a $9 million Series A round of venture capital funding and named a new CEO. So it’s something of a big day for this small company.

Finding Purpose in Tunneling Through Granite (Guidewire)

The New York Times -- This interview with Marcus Ryuthe C.E.O. of Guidewire Software, a maker of software for the insurance industry, was conducted and condensed by Adam Bryant. Q. Tell me about the culture you’re trying to foster. A. A little background about our origins as a company will help....

Forget in-memory — SiSense raises $10M for in-chip analytics

GigaOM -- While the rest of the world is agog about big data and in-memory analytics, SiSense is taking a different tack. It’s rethinking business intelligence with higher-speed analysis on smaller (relatively speaking) data sets by taking advantage of multicore, 64-bit processors. The approach has been paying off with some impressive customer uptake, and on Wednesday SiSense announced a $10 million series B funding round from Battery Ventures along with Opus Capital and Genesis Partners.

Marketo Files For $75M IPO To Grow SaaS Marketing Platform

TechCrunchMarketo, a marketing software platform, has announced its plans to file a $75 million IPO to further expand and build out its marketing software platform. Marketo will trade under “MKTO” on the Nasdaq exchange. Goldman, Sachs & Co. and Credit Suisse are listed as leading the offering. Marketo has raised $108 million. In November 2011, the company raised $50 million in a round led by Battery Ventures.

Automated Hosting Provider SingleHop Announces Impressive 35% Year-Over-Year Revenue Growth for 2012

CHICAGO – March 25, 2013 – SingleHop, a global leader in highly automated hosting, cloud and infrastructure-as-a-service, reported today revenue and company growth highlights for the 2012 calendar year.

GoEuro Secures $4M From Battery Ventures, Hasso Plattner And Angels For Multi-Mode Travel Search Engine

TechCrunch -- ...a new player emerges today, attempting to do almost exactly the same thing – but this time GoEuro, based in Berlin, will have a $4 million seed round to do it with. The round was led by Battery Ventures and Hasso Plattner Ventures (HPV), and joined by notable industry leaders including Dave Baggett (ITA Software – a leading provider of innovative solutions for the travel industry) and Jeff Sagansky (Global Eagle Entertainment – largest provider of entertainment for worldwide airline business).

Mobile Social Voting App Polar Raises $1.2M

TechCrunch - Social voting app Polar has raised $1.2 milliom from Yahoo founder Jerry Yang at AME Cloud Ventures, Greylock Partners’ John Lilly, LiveOps Chairman and former eBay COO Maynard Webb, Ash Patel at Morado Ventures, Brian O’Malley Mike Dauber at Battery Ventures, Google’s Don Dodge, Sam Pullara, and others.

Battery Ventures Raises $900M in Two New Funds

Wall Street Journal - Battery Ventures has raised a new $650 million fund plus a $250 million side fund, just as it completes an internal intergenerational shift. The venture-capital firm, which invests across technology sectors and across different stages of private companies’ life cycles, last raised a $750 million fund in 2010.

Battery Ventures Closes Two Funds Totaling $900M

Battery Ventures X Capitalized at $650M, Battery Ventures X Side Fund Capitalized at $250M; Firm will Continue to Invest in Technology in Early, Growth and Buyout Stages

WALTHAM, MA, MENLO PARK, CA, HERZLIYA, ISRAEL; Feb 21, 2013 Battery Ventures today announced that is has closed two new funds, Battery Ventures X (BV X) at its $650M target, and Battery Ventures X Side Fund (BV X Side Fund) at its $250M target.  Battery will continue its focus on Seed, Early, Growth and Buyout opportunities in technology and related markets.  The firm raised predecessor fund Battery Ventures IX ($750M) in March 2010.

The Top 20 Venture Capital Firms of 2012

VentureBeat -- The top 20 technology venture capital firms of 2012 have been tabulated by PrivCo, a company that provides financial analysis of private companies. Based on the number of private tech company exits in 2012, Intel Capital ranked No. 1. Next up were Felicis Ventures, SV Angel, Sequoia Capital, First Round Capital, Battery Ventures, DFJ, Greylock Partners, Ignition, Google Ventures...

Investment Firms Give Entrepreneurs a Home

Wall Street Journal - Some big Silicon Valley venture-capital firms are bringing in more entrepreneurs-in-residence, seeking an earlier entry into companies as investing grows more competitive. The programs—in which an executive or entrepreneur works informally at a venture-capital firm developing their next idea—are a low-risk and low-cost way for firms to get exclusive access to a new startup.

After Rocky Year for Start-Ups, Investors Are Pickier

New York Times - Call it the Facebook effect. Until recently, investors had been all too eager to pour millions into any Web start-up with rapid growth, regardless of whether it made money or even had plans to do so down the road. But after Facebook’s rocky initial public offering and flameouts at Zynga and Groupon, venture capitalists are entering a picky phase.

There’s Still Money in Old-School Tech

GigaOM (Alex Benik contribution) -- As startups race to become the next big thing, they often downplay the successes and sales of those they hope to replace. But large companies spend billions on old technology because they don’t have the resources to try something new.

Brightree Acquires Home Health and Hospice Software Provider CareAnyware

Combination creates the largest provider of SaaS-based healthcare IT (HCIT) software solutions for the post-acute care industry   ATLANTA – January 4, 2013 – Brightree LLC, the leading provider of billing and business management software solutions for the home medical equipment (HME) market, announced today that it has acquired home health and hospice software provider CareAnyware, Inc. of Raleigh, N.C.

The Top Tech IPOs Of 2012 And The Venture Capitalists Who Invested

Forbes - The overall IPO market in 2012 was modestly better than 2011, but it was driven largely by a few big deals such as Facebook. Here is a more detailed look at venture-backed technology IPOs in particular in 2012.

H.Bloom Cuts Down on Dead Flowers With Software Picking Lilies

Bloomberg -- After leaving the software enterprise company he helped take public in 2009, Bryan Burkhart spent months mulling one question: What was the biggest industry that hadn’t been reinvented by technology? Title insurance was a possibility. So was property management. After interviewing flower shop owners in New York’s Chelsea neighborhood, Burkhart became fascinated with flowers -- a $32 billion market still sometimes managed on notepads in retail shops and grocery stores. He found that despite shop owners’ talent for arrangements, as much as half their product often went unsold.

Happy Holidays From The Battery Team

Have a little fun with our annual tradition ~ play Boardroom Bonanza!

The next chip battleground: Data centers

FORTUNE -- The next time you upload a photo to Facebook, consider this: All those pictures have to be processed and stored somewhere, presumably forever. Some 3 million data centers occupy more than 600 million square feet of space in the U.S. alone to help do so.

Wayfair Raises $36 Million in Search of Home Decor Dominance

Wall Street Journal - Wayfair, a Boston-based network of retail sites that focuses on home decor, has raised $36 million in its second round of funding amid rapid expansion of its third retail branch: a flash-sales site called Joss & Main.  

Diablo Named ‘Hot Storage Start Up’

Enterprise Storage - Every few months, we bring you the latest crop of hot storage startups. The good news is that interesting newbies just keep on coming. Here are a few to watch.

Plotting a BI Coup, Hadoop startup Platfora Raises $20M

GigaOM - Less than a month after unveiling its Hadoop analytics engine to great fanfare, Platfora has raised $20 million to realize its mission of displacing the business intelligence and data warehouse incumbents. It’ll need every dime: although the competition is old, it’s also rich, entrenched and determined.

Battery Ventures e-Commerce Survey

Battery Original Research - In order to better understand evolving trends in online commerce, we commissioned a detailed survey to get a pulse on what/when/how people are buying and selling, what is influencing their online purchasing behavior, and how social is changing the face of e-commerce.

Chip Start-Up Calxeda Raises $55 Million

Wall Street Journal - Calxeda Inc ., a start-up that provides chips for a new breed of server systems, has raised an additional $55 million as computer makers like Hewlett-Packard Co . prepare to offer its technology.

Priced to Move: What Trulia Teaches About Going Public

WIRED - You might think given all the handwringing following Facebook’s (FB) IPO, that Trulia (TRLA), a company that has never enjoyed a profitable quarter since its founding in 2005, would be a tough sell as an IPO. But it wasn’t. Investors ate it up.

E-Tailor Startups Challenge Amazon in $200 Billion Market

Bloomberg Businessweek - Venture firms such as New Enterprise Associates and Accel Partners are stepping up investment in e- commerce as shoppers increasingly turn to niche websites for custom-made clothes at prices that undercut department stores.

CDC Software and Consona Corporation Merge to Form a Comprehensive Enterprise Application Software Company

CDC Software (CDC) and Consona Corporation (Consona), both enterprise application software (EAS) providers of on-premise and cloud technologies, today announced they have merged to form Aptean.

Y-Combinator Backed Chute Lands New Funding from Freestyle Capital, Battery Ventures, U.S. Venture Partners and Strategic Angels

San Francisco, CA; July 24, 2012 – Chute, the Y Combinator backed company that helps apps and sites capture, manage and display media files, today announced it has secured a new round of early stage venture funding. Freestyle Capital (who led), Battery Ventures, USVP and a handful of strategic investors including Salesforce.com, Joe Fernandez and Binh Tran (the CEO and CTO of Klout), and Joshua Reeves (CEO of Zen Payroll) contributed to the round.

Tealium Receives $10.5M in Series B Financing from Battery Ventures to Extend Global Leadership in Enterprise Tag Management

TechCrunch - Tealium, the leader in enterprise tag management, today announced that it has received $10.5M in Series B financing from Battery Ventures to help fund growth across the entire company as it continues to build on its market leadership and momentum in enterprise tag management.

Overblown Commerce Models, Part III: Subscription Commerce

All Things Digital - The third wave of e-commerce is officially here, and it may have already jumped the shark.

Battery Ventures Promotes Chelsea Stoner to Partner

Wall Street Journal - Battery Ventures has promoted Chelsea Stoner from principal to partner, VentureWire has learned, making her the first female partner in the history of the nearly 30-year-old firm.

Battery Ventures Invests $20 Million in SaaS Leader Avalara

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced it has led a $20 million growth financing in Avalara, the market leading provider of sales tax automation services in the cloud.

Battery Ventures Promotes Chelsea Stoner to Partner

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced that Chelsea Stoner has been promoted to Partner.

Battery Ventures Jump-Starts Avalara With $20 Million in Capital

All Things Digital - Retailers often have a hard time figuring out how much customers need to pay in sales tax.  Not only does it depend on what state or country the customer lives in, but now consumers are also increasingly shopping on the phone, so it also depends on where the purchaser is — down to the city block — and where the packages are being shipped.

Delphix Raises $25 Million Series C to Secure Leadership Position in Agile Data

MENLO PARK, Calif. – June 6, 2012 – Delphix, the market leader in agile data, announced it has received $25 million in its oversubscribed Series C funding round, led by Jafco Ventures. Summit Partners and Battery Ventures joined Jafco as new investors in Delphix.

Last-minute travel app HotelTonight books $23M in funding

VentureBeat - Last-minute hotel booking is proving to be big business for HotelTonight, a one year-old San Francisco-based startup that just closed $23 million in additional funding.

Battery Ventures Acquires Swedish ERP Company Jeeves Information Systems

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced that it has acquired Jeeves Information Systems, a Stockholm, Sweden-based leader in ERP software for small to medium enterprises.

Like modern web apps, start-ups are distributed systems

GigaOm - Modern web-scale applications like Google, Twitter, Netflix, LinkedIn, and others are implemented as distributed systems as opposed to single monolithic codebases. Surprisingly, modern startups are generally built the same way. So what can startups learn from web apps?

Danaher Corporation to Acquire VSS Monitoring

Danaher Corporation today announced that it has signed a definitive agreement to acquire VSS Monitoring, based in San Mateo, CA. The terms of the deal were not disclosed.

Mass Relevance Secures $3.3 Million in Funding to Accelerate Growth of Social Integration Platform

Mass Relevance, the technology leader in social curation and integration, today announced that it has closed $3.3 million in venture capital funding. Mass Relevance will use the new financing to accelerate growth for the company’s platform among media, entertainment, consumer brands and retailers.

Battery Ventures Brings Together Technologists From Leading Corporate IT and Web Giants to Explore Common Ground in Cloud, Big Data and Infrastructure

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, hosted its 2nd annual Big IT Meets Big Web event on May 2nd.

Rogue Wave Software Acquires ILOG Visualization C++ Products from IBM

Rogue Wave Software announced today that it finalized an agreement to acquire IBM’s ILOG Visualization for C++ Products. For Rogue Wave customers, this acquisition adds high-performance data visualization capabilities to the company's existing portfolio of cross-platform, HPC development tools and embedded components.

The Forbes Midas List: 2012 Venture Capital Draft Hot Prospects

Forbes - Last year when Forbes released its Midas List, an annual ranking of the best venture capitalists, March Madness was in full swing.

7 Boston VCs make Forbes’ Midas List

Boston Business Journal - You have to go more than one third of the way down Forbes' 2012 Midas List of the top 100 venture capital investors, before you meet anyone from Boston. According to Forbes, just seven of the top 100 VCs are Boston-based, this year.

The Forbes Midas List: 2012’s Top Tech Investors

Forbes - Atop this year’s Midas List of technology’s best investors is once again Accel Partner’s Jim Breyer, with Greylock’s Reid Hoffman (left) holding steady at number three. They head our definitive roster of the best-performing moneymen fueling a bull market for hot young companies.

Battery Ventures Hosts: Big IT Meets Big Web

On May 2, 2012 at Stanford, Battery brought together today’s leaders in the “Big IT” and “Big Web” movements—leading architects and technologists who have designed, built, and operated the systems that power both the capital markets and the most notable properties on the Internet.

IaaS funding resurfaces as SingleHop raises $27.5M

GigaOM - In a cloud computing market dominated by large, well-known companies such as Amazon Web Services and Rackspace, it’s difficult to find much upside investing in the competition. However, Battery Ventures has done just that, leading a $27.5 million round in SingleHop, a Chicago-based infrastructure-as-a-service provider.

SingleHop Secures $27.5 Million Investment Led by Battery Ventures

SingleHop, a privately-held company focused on providing highly automated Internet infrastructure-as-a-service (IaaS) and cloud computing, today announced that it has completed its first ever institutional financing, a $27.5 million round led by Battery Ventures.

Meet Sprinklr, the biggest social media management biz you’ve never heard of

VentureBeat - Meet Sprinklr, the New York-based social media management startup that’s quietly won over more than 100 top-tier companies, including Samsung, Microsoft, Dell, Cisco, SAP, Target, Nike, and Virgin America.

Opscode Secures $19.5 Million In Series C Funding

The financing round, which was oversubscribed, will be used to fuel Opscode's rapid expansion of its software engineering, sales, marketing and business development efforts.

ExactTarget Prices Initial Public Offering

ExactTarget, a global provider of cross-channel interactive marketing solutions, announced today the pricing of its initial public offering of 8,500,000 shares of common stock at a price to the public of $19.00 per share.

Boston VCs: IPO window is officially open

Boston Business Journal - At Cambridge venture capital firm General Catalyst Partners, two of its tech companies have pulled off initial public offerings in the past month — Brightcove and Demandware — and done so with strong demand from investors.

BrightEdge Raises $12.6 Million to Fund Market and Company Expansion

BrightEdge, the leading site, search and social management platform for global enterprises, announced today that it has raised $12.6 Million in a series C round led by Intel Capital and joined by existing investors, Battery Ventures, Altos Ventures and Illuminate Ventures.

Sprinklr Picks Up $5M As Social Media Wave Engulfs Businesses

Wall Street Journal - Sprinklr, a start-up that helps big companies manage the way they engage with social media, has raised $5 million in funding from Battery Ventures.

Drilling Info Announces $165 Million Investment

Drilling Info today announced a $165 million equity investment.

At Angie’s List, the Reviews Are Real (So Is Angie)

The New York Times - Any intrepid consumer can’t help being intrigued by the promise — and nerve — of Angie’s List.

QVC Acquires Personalized E-Commerce Site For Fashion Accessories, Send The Trend

TechCrunch - QVC, a home shopping network and e-commerce site, has acquired Send the Trend, a recently launched e-commerce site that brings personalization to the world of fashion accessories.

NetLogic Microsystems to Acquire Optichron, a Leader in 3G/4G LTE Base Station Digital Front-End Processors

Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced it has completed its$3.7 billion acquisition of NetLogic Microsystems, Inc. (NASDAQ: NETL), a leader in high performance intelligent semiconductor solutions for next generation networks.

Daily Deal Media Interviews Brian O’Malley, General Partner at Battery Ventures

Daily Deal Media - Brian O’Malley, General Partner at Battery Ventures sits down with Daily Deal Media Founder and CEO, Boyan Josic, at the Business Insider Social Commerce Summit 2012, to discuss his Venture Capitalist outlook of the social commerce industry.

Top Investors Join Early Financing of Backplane

Today, Backplane announced it closed a Series A round of financing with new investors Sequoia Capital, Greylock Discovery Fund, Battery Ventures, Formation 8, Advance/Newhouse Investment Partnership an affiliate of Conde Nast, as well as continued participation from Google Ventures, Founders Fund Angel, Menlo Ventures, SV Angel, i/o Ventures, and a group of individual investors.

Ex-Yahoo cloud chief gets $2.5M for stealthy data startup

GigaOM - Former Yahoo VP and chief cloud architect Todd Papaioannou is working on a stealth-mode startup called Continuuity, which aims to make it easier for developers to create data-focused cloud applications. The company has raised a $2.5 million seed round from Battery Ventures and Andreessen-Horowitz.

Battery Ventures and Andreessen Horowitz Invest in Big Data Startup Continuuity

Battery Ventures today announced it has invested in Continuuity, a Big Data startup born out of the firm's Entrepreneur-in-Residence (EIR) program and founded by Battery EIR Todd Papaioannou.

Neolane Secures a $27 Million Financing Round to Expand Global Adoption of Its Conversational Marketing Technology

Conversational marketing technology provider Neolane today announced it has closed a $27 million financing round.  Battery Ventures led the round, joining initial Neolane investors Auriga Partners, XAnge and Gilles Queru.

New Battery Ventures GP Charged Up To Ignore Status Quo

Wall Street Journal - During his tenure at Battery Ventures, Brian O’Malley has led the firm’s seed practice, where’s he’s found success testing ideas contrary to the day’s deal trends.

Battery Ventures Promotes Jesse Feldman and Brian O’Malley to General Partner

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced two promotions to General Partner: Jesse Feldman, based in Battery's Waltham, MA office, and Brian O'Malley, based in the firm's Menlo Park, CA office.

Analysis: Venture capital funding doubles for online retail

Reuters - Consumers spent a record $1.25 billion on Cyber Monday, according to comScore, highlighting how much people love shopping online.

VCs Take Shine to Lipstick Economy Startups

Venture Capital Journal - Venture capitalists in growing numbers are backing startups founded by women that target female consumers, often in sectors that traditionally attract a female following: fashion and beauty as well as sites that sell home and family-related products. It should come as no surprise.

H.Bloom Wants to be the ‘Netflix of Flowers’

The New York Times - Last year, two software geeks who’d never been anywhere near the flower business — in fact, one of them is, quite literally, allergic to it — started H.Bloom, an online, subscription-based floral delivery service that operates in New York, Chicago and Washington.

Battery Gains Top $440 Million After Angie’s List, Groupon IPOs

Bloomberg Businessweek - Battery Ventures’ investments in Angie’s List Inc. and Groupon Inc. have produced more than $440 million in paper profit after the Internet-commerce companies sold shares to the public this month.

Marketo Secures $50 Million in Venture Financing Led by Battery Ventures to Continue Record Global Growth

Marketo, the fastest-growing provider of Revenue Performance Management (RPM) technology, today announced it has secured $50 million in new venture financing. Battery Ventures led the round, with existing investors Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures also participating.

Kontagent Closes $12 Million Investment from Battery Ventures, Maverick Capital and Altos Ventures

Kontagent, the leading enterprise user analytics company, today announced that it has closed $12 million in Series B financing. The investment was led by Battery Ventures, with continued participation from Maverick Capital and Altos Ventures.

Investors in start-ups score big despite slump

Boston Globe - Online Venrock is having a good run. The venture capital firm is among several investors that will receive a windfall from last week’s $1.1 billion sale of Cambridge’s Endeca Technologies Inc. to computer software giant Oracle Corp.

Venture Capital Looks for Problem-Solvers

The New York Times SHELBY CLARK, the founder of a start-up called RelayRides, was honored last week as a rising star in clean technology. But as he took the stage alongside companies creating new kinds of energy, he felt out of place.

When Will Solid State Lighting Vanquish the Light Bulb?

Greentech Media It will be the last birthday that the incandescent bulb will have has before the national phase-out and efficiency standard starts (with the 100-watt model) in the U.S. in January.

Battery Ventures Congratulates Portfolio Company Executives on TR35 Award

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, congratulates Andrew Mason and Jesse Robbins for their inclusion on Technology Review’s 2011 List of 35 Innovators Under 35 – the TR35.

Battery Ventures Hosts Smart Building Technology Summit in Effort to Accelerate Cleantech Innovation

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, hosted an educational, networking event on Smart Building Technology on September 15th in Palo Alto, CA.

Battery Ventures Completes Acquisition of Third European Company in Fourteen Months

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced that it has acquired Planit, a leader in CAD/CAM software for the specialist manufacturing sector, headquartered in the UK.

Battery Ventures Adds Detcon to Industrial Safety Technology Platform

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced the acquisition of Houston-based Detcon, a leader in fixed gas detection products.

FirstFuel Software Closes $2.4M Investment from Battery Ventures and Nth Power; Launches Platform for Remote Building Energy Analysis

FirstFuel Software, the commercial building energy analytics company, today announced that it secured a $2.4 million initial round of financing led by Battery Ventures and Nth Power, with participation from individual investors. The company, formerly called iblogix, Inc., will use the financing to quickly scale and accelerate adoption of its Rapid Building Assessment (RBA) platform, which provides zero-touch analysis of the energy performance of commercial buildings.

Battery Bets on Buildings

The Registry (San Francisco) Clean tech meets real estate Sept. 15 at Stanford Faculty Club where Battery Ventures sponsors “Spotlight on Smart Building Technology,” an event to explore emerging know-how in commercial-property lighting, mechanical building systems and managing the electric grid.

Battery Leads $4.7M Round In Floral Delivery Service H.Bloom

Tech Crunch Luxury floral subscription service H.Bloom $4.7 million led by Battery Ventures with participation from existing angel investors, including Brian Lee, the founder of ShoeDazzle and LegalZoom; and Anton Levy, partner at General Atlantic, and board member of Gilt Groupe. This brings H.Bloom’s total funding to $8 million.

Zerto Closes $15 Million in Series B Funding and Unveils Commercial Availability of Hypervisor-Based Replication Solution

Earlier this summer, Zerto launched a bold reinvention of business continuity and disaster recovery (BC/DR) technology in order to meet the needs of today's virtualized data centers and cloud environments. Today, the company announces the successful completion of a $15 million Series B funding round led by U.S. Venture Partners (USVP) alongside existing investors Battery Ventures and Greylock Partners.

Viddy: Like Instagram, but for Videos

The New York Times - Online Most of the world’s video is now shot on smartphones, but hardly anyone shares their videos widely. That’s partly because it takes too many steps and results in too many error messages, but also because many people aren’t convinced their hand-shot clips are worthy of the Internet.

Todd Papaioannou Joins Battery Ventures as Entrepreneur-in-Residence

Papaioannou will work alongside Battery’s Enterprise IT investment team to help identify and create new opportunities in Cloud Computing, Big Data, analytics and the Enterprise software environment.

Exclusive: Yahoo cloud chief quits. An exit interview

Giga Om Todd Papaioannou, the VP and chief cloud architect at Yahoo, has left the company for a role as entrepreneur in residence at Battery Ventures.

Battery Ventures Acquires Majority Stake in Gas Measurement Instruments (GMI)

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced the majority purchase of Gas Measurement Instruments, Ltd (GMI), a global leader in portable and fixed gas detection products.

Mobile Neighborhood App Blockboard Now Covers All Of San Francisco

TechCrunch What would Craigslist look like if it was a mobile app? It might look a little bit like Blockboard, a neighborhood app which is expanding today from its initial neighborhood of the Mission in San Francisco to the rest of the city.

SendTheTrend Allows You To Create A Curated Online Store of Accessories

TechCrunch Send the Trend, a recently launched e-commerce site that brings personalization to the world of fashion accessories, is launching a new way for shoppers to curate their favorite items and make money at the same time, MyStyle.

JOOR Announces $2.25 Million in Series A Financing

JOOR will use the capital to expand internationally and rapidly accelerate the growth of its online network of boutiques, buyers and brands.

The future of grid energy storage: Software-as-a-Service

GigaOm What would Craigslist look like if it was a mobile app? It might look a little bit like Blockboard, a neighborhood app which is expanding today from its initial neighborhood of the Mission in San Francisco to the rest of the city. Co-founder Stephen Hooddemoed the app at our Mobile First CrunchUp today.

Zerto Launches, Bringing Disaster Recovery to the Cloud

Zerto today announced the official launch of the company and provided the first details of its replication technology.

Venture Capitalists Ride Boom in Technology IPOs

Bloomberg Radio Network Roger Lee, a managing director at Battery Ventures, speaks with Bloomberg's Douglas MacMillan about how initial public offerings are fueling venture capital investments in Silicon Valley.

Israeli Start-Up Zerto Aims to Bring Disaster Recovery to the Cloud

All Things Digital Bad things happen in business, so you have to have a plan to keep things running. In enterprise IT circles this is called “disaster recovery” and “business continuity.” Fire, floods, earthquakes, terrorist attacks: You name it, every type of unplanned disaster known to man has its business impact, and that puts businesses in the uncomfortable and often expensive position of having to plan for the worst kind of “what-if” scenarios.

CSN Stores Raises $165 Million First Round to Expedite Expansion & Bolster Branding

CSN Stores, one of the largest online retailers of housewares and home furnishings in the U.S., announced today that it has raised $165 million in funding from four investment firms to increase its ongoing expansion both internationally and in the U.S., target appropriate acquisitions, and drive extensive marketing around a new brand launching later this summer, Wayfair.com.

XtremIO Closes $14 Million Series B Funding Led by Battery Ventures

XtremIO, developer of next generation storage solutions based on Solid State technology, announced today that it has secured a $14 million financing round led by Battery Ventures, with participation from existing investors Giza Venture Capital and Jerusalem Venture Partners (JVP).

An Online Grocer For Web 2.0. Just Don’t Call It Webvan 2.0.

Forbes Of Web 1.0’s most memorable implosions, Webvan still takes the cake. The online grocer raised $375 million in an IPO, descended upon eight major U.S. cities, peddled a 26-city expansion plan and somehow warranted a $1.2 billion market cap—all with the burn rate of a ticking time bomb.

Tennis Channel comes of age with pitch-perfect French coverage

Sports Illustrated Tennis Channel has come of age, and at the perfect time: during a Grand Slam event, with the whole world watching.It has been a remarkable thing to witness. At this early stage of the French Open, TC has scored a clear-cut victory over ESPN, and this is no TKO. It's a full-blown knockdown.

HotelTonight Launches Las Vegas Hotel Deals

The popular last-minute mobile hotel-booking app today announced it now offers last minute deals at several Las Vegas hotels.

Zynga Continues Shopping Spree; Buys Social Game Studio DNA Games

TechCrunch Zynga is continuing its shopping spree today with the acquisition of social game developer DNA Games, marking its 14th acquisition in the past 12 months. It’s important to note that this is an actual acquisition of both the talent and company, as opposed to the recent ‘acq-hires’ Zynga has been making in the past few months. Financial terms of the deal were not disclosed.

Sites That Send Shoppers What They Might Like

The New York Times When Emily McNish shopped for jewelry online, she was overwhelmed by the options while searching for “gold necklace” on e-commerce sites or Google. Then she found a Web site called JewelMint that she lets shop for her.

Travel App HotelTonight Raises $3.25 Million From Battery, Accel and First Round

HotelTonight, specialists in last-minute mobile hotel bookings at quality hotels, today announced it has secured a $3.25 Million Series A investment. The funding round was led by Battery Ventures and includes participation from Accel Partners and First Round Capital. Additional investors include travel industry veterans Rich Barton, Erik Blachford, Brad Gerstner and Hugh Crean.

HotelTonight Secures $3.25 Million Series A Funding from Battery Ventures, Accel Partners and First Round Capital

HotelTonight, specialists in last-minute mobile hotel bookings at quality hotels, today announced it has secured a $3.25 Million Series A investment.

Send The Trend, a New eCommerce Site for Fashion Accessories, Secures Series A Funding

Send the Trend, an innovative e-commerce company that offers a customized selection of women’s fashion accessories, has raised $3 million in Series A funding led by Battery Ventures and supplemented by several other industry executives and entrepreneurs as well as Founder Collective.

Send The Trend Raises $3M To Personalize Shopping For Fashion Accessories

TechCrunch Send the Trend, a recently launched e-commerce site that brings personalization to the world of fashion accessories, has raised $3 million in Series A funding led by Battery Ventures with a number of angels participating in the round, including Founder Collective. Send the Trend is also launching an updated site, featuring a new UI and more social experience, including voting, social sharing, one screen checkout and more.

ExactTarget Posts 52% Growth in First Quarter, Closes $30M in Financing to Further Accelerate Growth

ExactTarget, a global provider of interactive marketing solutions, announced today it continued record performance in the first quarter, increasing revenue 52 percent year over year.

Marketing Software Giant ExactTarget Raises $30 Million, Revenue Up 50 Percent

TechCrunch Email marketing software giant ExactTarget has raised$30 million in new financing led by Technology Crossover Ventures with Battery Ventures, Scale Venture Partners and Greenspring Associates participating in the round. This brings the company’s total funding up to$208 million.

Viddy Attracts VCs With Instagram-for-Video App

Giga Om Viddy, an iPhone app for editing and sharing mobile videos, is set to close on $1.5 million in first round financing from a group of investors that includes Battery Ventures, Bessemer Ventures, and Qualcomm, according to CEO Co-founder Brett O’Brien.

Battery Sells ITA Software to Google

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced that Google has acquired Cambridge, MA-based portfolio company ITA Software.

3 Battery Partners Make FORBES Midas List

Forbes Much has changed in two years, when Forbes last published its list of top venture capitalists. Secondary markets surfaced. Founders dragged their feet to exit. Fresh competition emerged abroad and from a new flock of angel investors. Firms shrank and returns declined. These 100 investors buck those trends, create wealth and fund the new ideas that keep our economy vibrant.

Gogobot takes off on social travel planning

San Francisco Chronicle Where, wondered Maggie Bankson, should she go on her honeymoon? There were a couple of factors to consider. Her fiance wanted to spend some time relaxing at the beach. Bankson, a travel lover who prefers hostels over resorts, wanted to immerse herself in a country's culture.  

Three Years After Launch, Men’s Custom Clothier J. Hilburn Discovers E-Commerce

TechCrunch Can you see the difference between these two shirts? One is an off-the-shelf Zegna men’s dress shirt that sells at Neiman Marcus for $395. The other is a custom-fitted shirt from men’s clothier startup J. Hilburn made from exactly the same material, but it only costs $99. And it’s made to measure.

STELLAService Raises $2M, Tests Online Customer Services So You Don’t Have To

TechCrunch STELLAService, a startup that measures,rates and highlights the quality of customer care of online businesses, has raised $2 million in early stage funding.

Battery Ventures and DFJ Gotham Lead $2M Investment in STELLAService

STELLAService, the first independent customer service ratings provider for online retailers, today announced that it has raised $2 million in early stage funding, led by institutional investors Battery Ventures and DFJ Gotham Ventures.

STELLAService Raises $2M, Tests Online Customer Services So You Don’t Have To

TechCrunch Exclusive - STELLAService, a startup that measures, rates and highlights the quality of customer care of online businesses, has raised $2 million in early stage funding.

Glassdoor Secures $12M Series C Round Led by Battery Ventures

Press release Glassdoor Inc., which owns and operates Glassdoor.com, today announced it has secured $12 million in Series C funding led by Battery Ventures with participation by existing investors Benchmark Capital and Sutter Hill Ventures.

FirstFuel Raises $10 Million in Series A Financing Led by RockPort Capital and Existing Investors Nth Power and Battery Ventures

FirstFuel Software, the commercial building energy analytics company, today announced the closing of a $10 million round of financing. RockPort Capital led the round and was joined by existing investors Nth Power and Battery Ventures. The investment will support FirstFuel’s rapid expansion in the utility and government markets, and will accelerate product development efforts to expand the capabilities of its Rapid Building Assessment (RBA) platform.

Battery Ventures’ Digital Media Portfolio Earns Top Honors in AlwaysOn 2011 OnMedia 100

List of Top Private Digital Media and Ecommerce Companies Names Eight from Battery; BlueKai Named B2B Company of the Year

Congratulations Crunchies Winners!

TechCrunch This year’s fourth annual Crunchies Awards have just concluded, and we’re happy to say that it was an overwhelming success. For those who weren’t at the event or watching our livestream, we’ve included the list of nominees and winners below.

Battery Ventures Promotes Chelsea Stoner to Principal

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced the promotion of Chelsea Stoner from Vice President to Principal. She is based in the firm’s Menlo Park, CA office, and focuses on growth equity and buyout investments in the software and digital media markets, with a particular emphasis on SaaS and healthcare software.

Do your trust your customers to know what they want?

NRF: Retail's BIG Blog Can we trust our consumers to know what they want? Brian O'Malley of Battery Ventures posed that question to the panel in Monday's session on crowdsourcing. He recalled that Henry Ford had once said that if asked for their opinion, people would ask for faster horses. However, comparing today's consumers with Ford's customers isn't really fair.

Groupon Raises, Like, A Billion Dollars

Today Groupon announced that it has completed a $950 million round of financing. Groupon will use the funds to fuel global expansion, invest in technology, and provide liquidity for employees and early investors.

Coupa Taking The Amazon.com Approach

Forbes- Online In the mid-1990s, Ariba was among the first companies to show how the Internet could be a strategic business tool,  helping companies save money on their “indirect spend” on paper clips, printer paper and janitorial supplies every business procures.

Introducing the 2010 Venture Capital 100

AlwaysOn The venture capital industry is clawing its way back after a ten-year drought. AlwayOn's editors unveil the top 100 venture capital firms that are leading the comeback and proving that high-growth private company investment opportunities still exist for the wise and disciplined VC.

Keys To Crafting A Winning Venture Capital Pitch

Forbes So you’ve scored an introduction to a Venture Capitalist and need to pull together a pitch deck that conveys the dire investability of your revolutionary, billion-dollar idea.

Essentials for Selling IT to the Geeks in Suits and Geeks in Black

GigaOm Both corporate IT and web operations geeks matter greatly to you if you are building a technology start-up because these are your customers but, depending on what you are building, you may not be able to or want to span web/corporate IT divide in version 1.0.

Gogobot CEO Travis Katz Talks About Beta Launch of Social Travel Site

All Things Digital Last week, BoomTown sat down with former Myspace exec Travis Katz to talk about the private beta launch of his new start-up, Gogobot. No, it’s not a robot from Google–it’s a social travel site, which uses friends to enhance the travel-planning experience.

Floral Delivery Service H.Bloom Picks Up $2.1 Million In Series A Funding

TechCrunch In a city like New York, there are two main options to get floral bouquets in your home on a regular basis. You can make arrangements with your neighborhood’s floral shop, which can easily run north of $125 per pop. Or, if price is a factor, you can drop by the local bodega or deli shop to pick up a few bunches. The prices can be as little as $10 for a dozen roses— but as they say, you often get what you pay for.

Battery Ventures Leads Series A in Online Subscription-based Flower Service, H.BLOOM

Battery Ventures today announced it has led a $2.1 Million Series A investment in H.BLOOM, Inc., (http://www.hbloom.com), the first locally-focused flower subscriptionservice, with participation from H.BLOOM’s existing investors.

Digital Dollars and Sense: Cashing in on Content

On October 28, we assembled a unique panel of pioneers, experts and visionaries from Gawker, Thrillist, Spanfeller Media Group, and Guardian News and Media North America in front of some of NYC's brightest: the curators, publishers, technology buyers and entrepreneurs who are rethinking content publishing.

VC Sellers, PE Buyers Strain To Meet In The Middle

Wall Street Journal It seems about time for private equity investors to take a closer look at venture-backed companies. Let us count the reasons: Many venture funds raised during the dot-com bubble are nearing the end of their natural life and raising new funds is difficult for all but the top firms. Limited partners seem to be losing patience with some general partners.

To Sell Custom Shirts, J. Hilburn Borrows From Avon, Amazon

Bloomberg Businessweek Shoppers cannot buy shirts by J. Hilburn, a Dallas startup that sells custom-made menswear, in any retail stores, on Amazon.com, or anywhere else online, for that matter. Nonetheless, the company expects to sell 60,000 of them in 2010.

Redwood Systems Secures $15 Million Series B Funding

Redwood Systems, a pioneer of network-based lighting power and control systems, today announced it has secured $15 million in Series B financing to enhance its innovative commercial lighting technology, grow its footprint in key markets, establish strategic sales channels and expand into international markets.

Battery Ventures Buys Healthcare IT Company Data Innovations

Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced it has purchased Data Innovations, the worldwide leader in clinical laboratory middleware software.

Battery Ventures Inducted into Dow Jones Private Equity Hall of Fame

Press release Battery’s Distinguished and Consistent Track Record in Backing Technology Companies and Flexible Approach to Investing Among Criteria for Selection

Doctor And Contractor Reviews Site Angie’s List Scores Another $22.5 Million

TechCrunch Angie’s List, which offers consumers a way to review and rate doctors, contractors and service companies on the Web, has raised another big round. The privately-held company this morning announced that it has secured a $22.5 million equity financing round from “multiple institutional investors”, including Silicon Valley firm Battery Ventures.

Angie’s List Attracts $22.5 Million in Investments

Press release Angie’s List today announced that it has closed on a $22.5 million equity financing round. The privately held, Indianapolis-based company said multiple institutional investors contributed to the round.

Move To Faster Networks Fuels VSS Monitoring’s First Round

Wall Street Journal A rise in networking speeds is breathing life into a new category of network monitoring products, and VSS Monitoring Inc. has benefited as venture capital firms take notice.

VSS Gets $20M to Keep an Eye on Corporate Networks

GigaOm VSS Monitoring, a network traffic monitoring company, has taken $20 million in funding from Battery Ventures. The funding was the first for the company which was founded in 2003 and the funding will be used for R&D and company expansion. Its investors call it a unicorn.

Meet The Fastest Growing Company Ever


Andrew Mason figured out how to inject hysteria into the process of bargain hunting on the Web. The result is an overnight success story called Groupon.

How To Find a Customer in a Divided IT Universe

GigaOm A rift has developed between the web and enterprise IT. Changes in the source of IT innovation and enterprise purchasing habits mean a business plan focused on selling to Google and Facebook is just as likely to fail as one aimed at JPMorgan and Goldman Sachs.

Smooth-Stone Gets $48M for ARM Servers

GigaOm Smooth-Stone, an Austin, Texas, based company building servers using the chips found inside cell phones, has raised a $48 million initial round of funding from ARM, Advanced Technology Investment Company, Battery Ventures, Flybridge Capital Partners, Highland Capital Partners and Texas Instruments.

Start-Up Aims to Slay Chip Goliath

The New York Times A group of investors, including companies from the United States, Europe and the United Arab Emirates, has formed in a bid to disrupt one of Intel’s most lucrative franchises.

RealPage Prices IPO

Press release RealPage, Inc. (Nasdaq:RP) today announced its initial public offering of 12,300,000 shares of its common stock at a price to the public of $11.00 per share. The shares will begin trading on Thursday, August 12, 2010, on the NASDAQ Global Select Market under the ticker symbol "RP."

How to Hire Legal Counsel

Inc. For one reason or another, you're going to need an attorney at some point. Here are tips on finding the best one to fit your needs.

Battery Ventures Sells Stake in A Place for Mom to Warburg Pincus

Press release Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced it has sold its ownership stake in online elder care referral service, A Place for Mom, to international private equity firm Warburg Pincus.

Budding Small Businesses Poised To Make It Big

ABC News- Online Every company starts small. Facebook began as a Harvard networking site, Starbucks as a small Seattle coffee shop and Microsoft was famously started in a garage by a college dropout. It's easy to explain in retrospect what made these companies succeed. But looking in real time at a cluttered landscape of fiercely competing small businesses, it's difficult to pinpoint potential winners. ABCNews.com asked savvy venture capitalists for their predictions for the big companies of the future. Here are five of their top choices.

The 2010 Venture Capital East 50

AlwaysOn Introducing 50 East Coast venture capitalists who get it—and have the ROI numbers to back it up.

Opscode Closes $11 Million Series B Round

Press release Battery Ventures Leads New Round in Infrastructure Automation Start-up; Sunil Dhaliwal to Join the Opscode Board of Directors

SafetyWeb Announces $8 Million in Funding Led by Battery Ventures

Press release SafetyWeb (www.safetyweb.com), the leading Internet safety, identity and reputation protection service for parents, announced today that it has completed an $8 million round of funding led by Battery Ventures with participation from First Round Capital.

Like Our Data, Storage Startups Are Multiplying

GigaOm So far this week two storage startups offering a hardware product have launched in as many days, both offering variations on the theme that more data requires more storage and faster networks require faster access to stored data. The trend has been building for years.

Daily Web Deals, but With Daily Laughs

The New York Times SPACKLE should never be used as toothpaste. And Spanky was the only member of the Little Rascals brave enough to donate his brain to science during World War II.

The VMotion Myth

GigaOm While at some point, dynamically moving VMs inside a single data center or between two data centers will be a seamless process, it’s not now. In the meantime, however, there are numerous opportunities for startups to offer solutions that will help make such seamlessness a reality.

Can Networking be Made Cool Again?

GigaOm VC investing in networking and communications has fallen out of favor, decreasing faster than VC investment in technology overall. Indeed, there just aren’t that many new ideas walking in the door. So can networking be made cool again. It can, and here’s why.

Groupon and Social Buying’s Explosive Rise From Obscurity

The New York Times Social buying, the hot trend in e-commerce today, had an inauspicious beginning. Eighteen months ago, it seemed like Andrew Mason’s site ThePoint.com wasn’t going anywhere.

Groupon Grabs $135M from DST and Battery

All Things Digital Groupon, the social buying site that has become one of the hotter start-ups of late, has gotten a giant round of funding from the same Russian investors that backed social networking powerhouse Facebook and game phenom Zynga.

Battery Invests in Groupon

Press release GROUPON RECEIVES $135 MILLION FROM DST AND BATTERY VENTURES Investment to Support Rapid Growth of Social Commerce Globally

The Race For Recommendations

Forbes The next time Google's search users go hunting for, say, a new flat screen TV or a video camera, they'll notice something new: a floodgate of user recommendations.

TrialPay: Silicon Valley Startup To Watch

Silicon Alley Insider A few weeks ago, we highlighted many of the cool startups that have popped up in New York City in recent years. And now we turn to Silicon Valley.

Cashing In The Chips: MaxLinear Another Win For Battery Ventures

WSJ VC Dispatch The semiconductor industry has been falling out of favor with venture capitalists, especially during the recession, since these companies often require huge amounts of upfront capital to design and manufacture the chips, while investment returns remain less than stellar.

MaxLinear Prices IPO

Press release MaxLinear Inc. (NYSE:MXL), a provider of radio frequency (RF) and mixed-signal IC solutions for broadband communications applications, today announced the pricing of the initial public offering of 6,444,100 shares of Class A common stock at a price to the public of $14.00 per share.

SEO Management Company BrightEdge Raises Series B

Press release Battery Ventures Partner and Former Google Manager Leads Latest Round of Financing

BladeLogic Founder Dev Ittycheria joins Bazaarvoice Board of Directors

Press release Noted technology executive, former CEO of BladeLogic and former president of BMC Software brings more than a decade of senior executive level experience in leading software companies through rapid growth.

Battery Raises $750M Fund

Press release Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide, today announced that is has closed its ninth fund, BV IX, at its $750M target. This brings total committed capital in Battery’s nine funds to nearly $4 Billion. Battery invests out of offices in Waltham, MA, Menlo Park, CA and Herzliya, Israel.

Battery Ventures Raises a Fresh $750 Million

The New York Times The venture capital industry may be shrinking, but Battery Ventures is growing. Battery, which has offices in Massachusetts, Silicon Valley and Israel, has closed a $750 million fund, the firm’s ninth. It will invest the money in both new start-ups that need a few hundred thousand dollars to get off the ground and mature companies that need $50 million.

New Media Meat Market


ITT Agrees to Purchase Nova Analytics

Press release ITT Corporation (NYSE: ITT), a global leader in the transport and treatment of water, wastewater and other fluids, today announced its agreement to purchase Nova Analytics Corporation. Nova Analytics is a privately held, leading manufacturer of premium quality laboratory, field, portable, and on-line analytical instruments used in water and wastewater, environmental, medical, and food and beverage applications. Financial terms of ITT's agreement were not disclosed.

How to Win Influencers and Friend People: Pursway Raises $6M, Arrives in Boston

Xconomy If you change your tech startup’s name, you might get a one-line notice from the business press. If you get a prominent firm to invest in your technology, particularly if it’s a sizeable amount or if it’s your first big round of funding, we’ll probably write a paragraph or two.

Pursway Scores $6 Million To Help Companies Leverage The Power Of Social Influencers

TechCrunch We wrote about the power of brand buzz on social media sites yesterday, and one contributing aspect to buzz are individuals who are “influencers,” similar in some ways to the trend that Malcolm Gladwell highlighted in The Tipping Point.

VCs eschew physical stores, focus on retail tech

Reuters Venture capitalists were never very interested in the retail sector, but they are now taking a second look, focusing on a new generation of online retailers and the next wave of technology to help stores optimize how they run their businesses.

Anatomy of a Battery Ventures Deal

The Wall Street Journal Late last week, Lawson Software announced it would pay $160 million to buy Healthvision Solutions, a healthcare software maker owned by parent Quovadx Holdings and backed by venture-capital firm Battery Ventures. While the companies aren’t well known and the sums involved aren’t huge, the deal exemplifies how some venture capitalists are profiting by deviating from investing in young companies and instead doing buyout-type deals with more mature companies.

Following Venture Capital for Signs of Tech to Come

The New York Times After hibernating for the last year, Silicon Valley’s venture capitalists are beginning to stir.


11 Tips for Pitching VCs

WSJ VC Dispatch At last week’s VentureWire Technology Showcase, a number of cash-rich tech companies – Cisco, Qualcomm, SAP and Symantec, to name a few – signaled they’re hungry to buy start-ups. Other tech giants, like Google and Microsoft, have also declared a planned step-up in their acquisition paces.

Battery Ventures Hires General Counsel

Press release Partner from Goodwin Procter Brings Broad Technology Experience with Public and Private Companies, Private Equity Firms

Battery Ventures Expands Israel Investment Team

Press release Former Kagoor Founder and Battery Entrepreneur in Residence Joins Team; Firm Expands to New Office in Herzliya

Retailers heed call of online word of mouth

The Financial Times  

Venture Capitalists Prove They Have A Fashion Sense

Wall Street Journal Venture capitalists are not exactly known for backing fashionable clothing retailers, but lately they’ve been dressing up these companies for success. In April, Battery Ventures invested $4 million in men’s clothier J. Hilburn LLC, whose product line includes custom-tailored dress shirts made from luxurious Italian fabric. That same month, Bonobos Inc., an online retailer for what it calls “awesome-fitting trousers,” secured $3 million from Sandwith Ventures and others.

Where Social Networking Cashes In

Forbes Traditional brands may get the last laugh--or at least the richest laugh--on social networks. So far, companies such as Facebook and Twitter have attracted all the buzz for creating social networking. Making money, however, has proved more challenging. Using Facebook and Twitter is something like hosting a big cocktail party, observes Brett Hurt, founder and chief executive of Austin-based Bazaarvoice, which offers user-generated review platforms and expertise to other businesses. "But nobody shops at a cocktail party."

What VCs Are Investing In

MIT Technology Review Financial conditions for technology startups have been cool, to say the least, since the economic crisis began. But now, buoyed by two recent public offerings, venture capitalists are showing a renewed interest in fledgling technology firms.

Busted IPO Market Presents Opportunity For Some VCs

WSJ VC Dispatch A closed-off IPO market is allowing some later-stage venture capital firms to buy into private companies that in past years might already be public. Such is the case for Battery Ventures and Scale Venture Partners, which have participated in a $70 million venture capital round for ExactTarget Inc., an email marketing company that has been in registration for an initial public offering since 2007.

ExactTarget Secures $70M Venture Capital Investment

Press release Company to Use Funds to Fuel International Expansion, Accelerate Customer-Focused Innovation

Direct, Aggressive, Informal, and Not Afraid To Fail

The Marker

Three American Immigrants related industry start - ups and venture capital are trying to characterize, on the occasion of Independence Day, the high Israeli culture - Tkistit good and bad

The Clothes Make the Deal

Wall Street Journal Venture investors have rarely paid much attention to clothes retailers, but with three recent deals they’ve assembled an entire outfit – and quite a chic one at that.

J. Hilburn Secures Investment from Battery Ventures

Press release Custom Men’s Clothier Delivers Luxury Products to Consumers for Half the Price of High-End Retailers Funds Will Fuel Expansion into New Cities and Product Lines

Silicon Valley Goes From Libertarian to Keynesian

Wall Street Journal: Digits The venture capital community is feeling some culture shock as it prepares to go after billions in government stimulus funds for tech and telecom startups.

Informatica to Acquire Applimation

Press release

BlueKai Secures $10.5m in Funding Led by Battery Ventures

Press release Online Data Exchange Business Prepares for Growth and Increasing Demand for More Efficient Marketing

Zayo Group Acquires Citynet Fiber Network

Press release Zayo Group, a regional provider of fiberbased bandwidth, announced today it has signed an agreement to acquire network assets in six markets from Bridgeport, West Virginia-based, Citynet. The acquisition—Zayo’s eleventh since July 2007—is expected to close at the end of this month.

Battery Ventures Announces Multiple Investment Team Promotions

Press release Four Investors Promoted as Firm Continues Growth

Battery Ventures Expands Israel Office

Press release General Partner & Additional Investment Team Member Relocate from US; Firm Views Israel along with India as a Strategic Hub of its Global Investment Platform

VCs Have Their Heads in the Clouds

Bloomberg Businessweek

Insitu Sells to Boeing for Reported $400M

Venturebeat Aerial surveillance startup Insitu surprised everyone Tuesday when it said that it would sell to Boeing, one of the world’s largest aviation firms. The company, which makes unmanned aerial vehicles (UAV), had been expected to go through an IPO within a year or two.

Brightree Secures Significant Investment from Battery Ventures to Finance Growth and Extend Leadership Position

Press release Market leader in business management solutions for medical industries secures strategic financing to fuel organic growth and acquisition strategy

World Golf Tour Secures Panorama Capital as Lead Investor in Series B Funding

Press release World Golf Tour (www.worldgolftour.com), creators of the world’s most authentic online golf experience, today announced Panorama Capital, a Menlo Park, Calif.-based venture capital firm, as its lead investor in the Series B funding round. The new funding also includes participation from current investor Battery Ventures.

Venture Capital Still Loves the Net

Bloomberg Businessweek

Startups Tread Cautious Economic Pathway

USA Today As the signs of a recession increase, start-ups and their venture capital backers aren't panicking. But they've learned the harsh lessons of the great dot-com crash of 2001, and they're girding to endure some economic pain.

Battery invests $35m in Angie’s List

Boston Globe Battery Ventures, which has offices in Boston, has invested $35 million in Angie's List, a Web site that reviews and rates service providers.

Angie’s List on the Grow Again; Battery Ventures adds $35 Million in New Investment

Press release Additional capital to be invested in aggressive growth and marketing

Coupa Raises $6 Milion to Continue Fueling Triple-Digit Growth

Press release Battery Ventures Leads B-Round for SaaS e-Procurement Leader; Mark Sherman to Join Boar

First-Quarter IPOs for Startups at Lowest Level Since 2003

Bloomberg News Initial public offerings for startup businesses fell to the lowest level in almost five years in the first quarter as the stock market slump kept investors from providing capital to fledgling medical and technology companies.

Ventures Get More Syndication

Wall Street Journal After falling for two years in a row, the percentage of venture deals with five or more investors rose in 2006 as firms scrambled to back companies poised to go public or be acquired.

Candidates Stump With Start-Ups, Run With New Tech

The Wall Street Journal Michael Berkley likes to joke that he is responsible for Sen. Hillary Clinton's March 4 presidential primary wins in Texas and Ohio. Berkley is the chief executive of SplashCast Corp., a start-up that builds advertising campaigns around social media widgets than can spread virally through the Web. And, it just so happens that a group of Clinton supporters launched a Web site the week of the primaries using SplashCast technology.

A Referral Service That Ensures Someone Actually Makes a Sale

The New York Times ONLINE shoppers who can’t decide whether to pull the trigger on their next purchase may be surprised at a new alternative: an offer to get it free.

Social Net Targeter Lotame Secures $10 Million First Round

paidContent.org Lotame, a behavioral targeter that focuses on social networking sites, has raised a “multi-million” first round funding; a source tells us it’s roughly $10 million. The round was led by Battery Ventures, with participation from existing investors Hillcrest Management and Betaworks. The company raised around $2 million in angel funding in November 2006.

Funding Slows for Software Makers

Boston Globe

Venture capital investment in computer software start-ups is flattening as the software industry consolidates, a weakening economy clouds its sales outlook, and other sectors gain fresh attention.

Widget Me This

GigaOm The time to prove that widgets can make money is here. But much like the early days of banner advertising, when people just sold whatever unused space they had, the world of widget ads is a Wild West with no set sizes, rules about placements, or even defined success metrics.

Online Golf Game Handicaps Productivity


A web-friendly golf game is teeing up in offices everywhere. U.S. productivity, meet your new worst enemy.

Silicon Valley’s Coolest Investments (Insitu)

Forbes Anybody can fund a Web company. Silicon Valley venture capitalists pumped $30 billion into 2,600 new ventures last year--surely there were some surprises among all those social networks and green technology plays?

Midas List ’08: Silicon Valley’s Coolest Investments

Forbes Anybody can fund a Web company. Silicon Valley venture capitalists pumped $30 billion into 2,600 new ventures last year--surely there were some surprises among all those social networks and green technology plays?

Growing Up Green


The young stars of venture capital aim to do in alternative energy what their bosses once did in computing.

A Post-Google Fraternity of Investors

The New York Times Chris Sacca had a plum job as the Wi-Fi guru atGoogle. But with his stock options fully vested, he left the Internet search company this month for a new career as a venture capitalist.

SmartSpark Energy Systems Secures Series A Financing from Battery Ventures

Press release Company Focuses on Power Electronics for Renewable Technologies

Web Stores Tap Product Reviews

Wall Street Journal

Bazaarvoice, Others Offer Customer-Rating Service; More Sales, Fewer Returns

Social Networking Hits Investing

Bloomberg Businessweek

Battery Ventures and Pitango Venture Capital Invest $17 Million in Anobit Technologies

Press release Series A Financing to Fuel Team and Operations Growth of Israeli Fabless Semiconductor Firm

The Seven-year Itch: After a Long Dry Spell the Market May Be Ready for IPOs Again


After a long dry spell, the market for IPOs may be ready for a resurgence.

Battery Completes Acquisition of Rogue Wave Software

Businesswire Battery Ventures Completes Acquisition; Leadership Team Primed for Growth

IPO Market is Open

Boston Globe Battery Ventures has a lot on its plate over the next couple of weeks. The big Waltham venture-capital firm has one company in its investment portfolio, Netezza Corp. of Framingham, on the schedule to go public Wednesday. Another Battery portfolio company, BladeLogic Inc. of Waltham, is expected to launch its initial public stock offering the following week.

Battery Ventures Promotes Three to General Partner

Neeraj Agrawal, Michael Brown and Sunil Dhaliwal Appointed General Partner; Firm Closes Eighth Fund at $750 Million

Battery Ventures Closes $750 Million Fund

Press release Fund VIII will Focus on Technology and Technology-enabled Businesses at all Stages; Firm Promotes Three Partners to General Partner

Battery recognized as “Top 100 VC Firms for Entrepreneurs” by Entrepreneur Magazine

Entrepreneur Entrepreneurs were the big winners in 2007, receiving more than $7 billion in venture capital a quarter for four straight quarters--a phenomenon not seen since 2001. Venture capitalists invested $29.4 billion in 3,813 deals in 2007, a 10.8 percent increase in dollars and a 5 percent increase in deal volume over 2006.

Battery Ventures Expands Silicon Valley Investment Team

Press release VeriSign’s Matt Niehaus Joins as Partner; Google’s Satya Patel Joins as Senior Associate

Battery Ventures acquires Quovadx

Reuters Quovadx Inc. QVDX.O said it has agreed to be acquired by Quartzite Holdings Inc., a unit of Battery Ventures, for $136.7 million.

Battery Ventures Adds Tom Ebling as Executive- in-Residence

Press release Former Portfolio Company Executive Joins Team to Pursue Opportunities in Optimization Software

Blackstone’s Battery Mates

Dealmaker Magazine Midsize Battery Ventures — quietly performing groundbreaking work — has won the support of private equity’s biggest player.

V.C. Nation: Silicon Valley Meets ‘American Idol’ With Prizes to Inspire Inventors

The New York Times FACING down stiff competition to win fame and big prize money? Forget singing for Simon Cowell and Paula Abdul. Try sequencing DNA for a panel of technology investors.

IPO Fears Mostly Fancy

San Jose Mercury News Last year was the best for venture-backed initial public offerings since the bubble burst, and this year looks even better. So why are venture capitalists so gloomy about IPOs?

The Struggle To Cash Out; Venture Capitalists Must Work To Pull Profits From Investments

Wall Street Journal Venture capitalists are reaching into a new bag of tricks to cash out of their investments.

Boring is Beautiful: EMC Buys Kashya


Wrap: Kashya wins, Servgate loses, Google's problem, Vonage's panic

Battery Ventures leads $23M funding for unmanned vehicle maker

Silicon Valley/San Jose Business Journal Battery Ventures said Monday it led a $23 million third-round investment in The Insitu Group Inc., which makes unmanned aerial vehicles for intelligence, surveillance and reconnaissance.