Bessemer Venture Partners

  • August Raises $38 Million To Expand Smart Lock Retail Availability

    August Raises $38 Million To Expand Smart Lock Retail Availability

    Smart Lock purveyor August has raised another $38 million in funding, bringing the company’s tally up to $50 million, the company’s co-founder Jason Johnson told TechCrunch. August’s Smart Lock attempts to reinvent the front door and rid the world of physical keys by relegating that duty to a smartphone. As Johnson noted, “Hardware is expensive,” however the new… Read More

  • SpaceTech Is Venture Capital’s Final Frontier

    SpaceTech Is Venture Capital’s Final Frontier

    Today, our new frontiers lie in space, which humanity must eventually colonize for minerals, energy and new homelands. As Carl Sagan observed, “All civilizations become either space-faring, or extinct.” The commercialization of space began in 1965 with the deployment of the first private communications satellite IntelSat1, only 4 years after US FCC Commissioner Craven saw… Read More

  • Bessemer Looks Forward With New $1.6B Fund

    Bessemer Looks Forward With New $1.6B Fund

    Bessemer Venture Partners (BVP) announced its latest investment fund today with $1.6B in investments. It has dubbed it BVP IX. It follows a highly successful BVP VIII. Byron Deeter, a partner at BVP says this is just part of the normal fundraising cycle for the company. They are reaching the end of the previous cycle when they launched BVP VIII, and as the funds from that round have… Read More

  • Cloud Security Startup CloudLock Raises $16.5M Round Led By Bessemer

    Cloud Security Startup CloudLock Raises $16.5M Round Led By Bessemer

    CloudLock, the enterprise software startup that helps customers secure cloud data, has raised $16.5 million in Series C funding led by Bessemer Venture Partners. The new funding will be used to expand beyond the two platforms CloudLock currently covers — Salesforce.com and Google Apps. This brings the startup’s total funding to $28.2 million. CloudLock’s existing investors… Read More

  • Intercom Raises Another $23M For Its New, More Social Approach To CRM

    Intercom Raises Another $23M For Its New, More Social Approach To CRM

    Intercom, a platform for companies to provide personalised customer responses online, is today announcing that it has raised another $23 million — funding that it will use to continue to develop its product, particularly in mobile, and expand its marketing to compete against bigger players like Oracle, SAP and Salesforce (the behemoth that even uses ‘CRM’ as its stock ticker… Read More

  • Action.IO Becomes Nitrous.IO, Raises $1M For Its Development Tools

    Action.IO Becomes Nitrous.IO, Raises $1M For Its Development Tools

    Action.IO, a startup promising to make it easier to create, configure, and share development environments, just announced a new name — Nitrous.IO — and $1 million in seed funding. The round was led by Bessemer Venture Partners with participation from Draper Associates, CrunchFund, 500 Startups, TIBCO Software, Facebook co-founder Eduardo Saverin, Golden Gate Ventures, and Peanut… Read More

  • VC Firm Bessemer Doubles Down On Investment Leadership, Adds Six New Partners

    VC Firm Bessemer Doubles Down On Investment Leadership, Adds Six New Partners

    Venture capital firm Bessemer Venture Partners is adding a number of new leaders to its partnership. In addition to the promotions of Kent Bennett, Brian Feinstein, Ethan Kurzweil and Trevor Oelschig to partner, the firm is bringing BVP alum Alex Ferrara on board as partner, while EIR Jeff Epstein will move  into an operating partner role. Read More

  • Sarah Tavel, Who Led Bessemer’s Investment In Pinterest, Gets Down To ‘Business’ At Pinterest

    Sarah Tavel, Who Led Bessemer’s Investment In Pinterest, Gets Down To ‘Business’ At Pinterest

    Pinterest is starting to fill up its own Pinboard… with money people. Sarah Tavel, a former VP at Bessemer Venture Partners (the same BVP that led a Series A round in Pinterest in 2011), has now joined the social startup in a business development role. The move comes about a month after Pinterest hired Tim Kendall — Kendall had once been a key figure building out monetization… Read More

  • Educational Technology Company Knewton Scores $12.5 Million More

    Online educational technology startup Knewton has completed a $12.5 million round of funding led by New York City-based VC firm FirstMark Capital, after securing a $6 million Series B round of financing a little over a year ago. Returning investors include Accel Partners, Bessemer Venture Partners, First Round Capital, and angel investor Reid Hoffman, who are bringing the total of capital… Read More

  • Exclusive: Soluto Raises $6.2M From Bessemer To Make Your PC Run Better

    Israeli startup Soluto has closed a healthy $6.2 million second round of financing led by Bessemer Venture Partners and joined by Giza Venture Capital. This is on top of the $1.6 million round the company raised a year ago from Proxima, bringing the total amount of capital invested in the company close to $8 million. The company, which is aggressively keeping its operations hidden from the… Read More

  • Knewton Bags $6 Million Series B Round For Adaptive Learning Platform

    Online educational startup Knewton has raised $6 million in Series B financing from Bessemer Venture Partners and returning investors, which include VC firms Accel Partners and First Round Capital as well as several angel investors who had participated in the $2.5 million Series A round from May 2008, such as LinkedIn founder and CEO Reid Hoffman and Zenbe co-founder Peter Stern. The company… Read More