general catalyst partners

  • Tackling The Multi-Billion-Dollar “Athleisure” Wear Market, Outdoor Voices Raises $7 Million

    Tackling The Multi-Billion-Dollar “Athleisure” Wear Market, Outdoor Voices Raises $7 Million

    With Lululemon brushing a $7.4 billion valuation in public markets, there’s no denying that so-called “athleisure” wear is a huge business. As with any multi-billion dollar industry startup investors are looking for a piece of that action, which is why investors are pouring $7 million into the new athletic and leisure wear company Outdoor Voices. Read More

  • Employees Deplane From Flightcar As It Undergoes Major “Restructuring”

    Employees Deplane From Flightcar As It Undergoes Major “Restructuring”

    Imagine a young startup where two of three founders are pushed out the door. Imagine that this same startup parts ways with its COO, its SVP of Finance, its VP of Guest Experience, its VP of Engineering, its VP of Marketing and roughly half its other full-time employees, all within a period of months. Not last, imagine that the remaining cofounder, who is 20, has never before held a… Read More

  • Phil Libin On Joining General Catalyst As Its Newest General Partner

    Phil Libin On Joining General Catalyst As Its Newest General Partner

    Phil Libin, the longtime CEO of the popular digital note-taking service Evernote, has joined General Catalyst Partners as its fourth general partner in Palo Alto, Ca. Libin stepped down from his role at Evernote in July, after telling The Information that the company had been searching for a “professional CEO” for some time. He said then that he considered himself more of a… Read More

  • Fundbox Secures $50 Million More To Power Small Businesses

    Fundbox Secures $50 Million More To Power Small Businesses

    Less than six months after announcing a $40 million Series B investment, alternative lending startup Fundbox has closed on another $50 million in funding to provide small businesses with the immediate cash they need to stay afloat. Spark Capital Growth led the round, which brings Fundbox’s venture funding total to $108 million in just under a year and a half. Bezos Expeditions… Read More

  • Jeremy Allaire’s Bitcoin Startup Circle Takes $50M From Goldman Sachs, IDG

    Jeremy Allaire’s Bitcoin Startup Circle Takes $50M From Goldman Sachs, IDG

    Circle, the Bitcoin startup that veteran entrepreneur Jeremy Allaire started, just raised $50 million from Goldman Sachs and IDG Capital Partners. It’s another sign that the finance industry’s most powerful players are starting to take the crypto-currency and its ecosystem seriously. All of Circle’s existing investors including Breyer Capital, General Catalyst Partners… Read More

  • Commandments For The Speed Of Security Crunch Network

    Commandments For The Speed Of Security

    PF Chang’s. Domino’s. eBay. Home Depot. Nieman Marcus. Sony. That isn’t just a list of wildly successful companies, it’s also a list of hacked companies; companies whose security was profoundly, publicly compromised. And it’s just a very small sample of a much larger set. The problem is not just that our industry’s approach to security is compromised but a… Read More

  • Crossing the Cybersecurity Trust Chasm Crunch Network

    Crossing the Cybersecurity Trust Chasm

    We need to (re)build trust: between the government and the public; between a company and its employees; between a company and its customers; between different private sector companies; and finally between the government and the private sector. Read More

  • HubSpot Closes $16 Million Series C Round Led By Scale Venture Partners

    Digital marketing startup HubSpot has raised a third round of funding to the tune of $16 million, bringing the total invested in the Cambridge, MA company to a healthy $33.5 million. The round was led by Scale Venture Partners and joined by previous investors Matrix Partners and General Catalyst Partners. According to the blog post announcing the investment, the valuation of the company went… Read More

  • Boxee Watches $6 Million More In Funding Stream In

    Boxee, the media center software startup, has won a lot of fans with its open approach to streaming content. And as a result it has won some more money, to the tune of a $6 million second round, led by Boston’s General Catalyst Partners. The new money will be used for growth: Both expanding the team and expanding the service’s reach in the market, we’re told. But why now? Read More