Norwest

JoyRun, a food delivery app with a twist, raises $8.5 million

A Santa Clara, Calif. startup called JoyRun has raised about $10 million in Series A and seed funding for its peer-to-peer food and drinks delivery app. It may be hard to believe that VCs are still pu

Online real estate service OpenDoor raises $210M Series D despite risky financing model

This afternoon, Norwest Venture Partners announced that it led a massive $210 million Series D investment round in OpenDoor. With the new capital, the startup is looking to expand the usage of its mar

Norwest Raises Third Consecutive $1.2 Billion Fund in Five Years

Norwest Venture Partners, the 55-year-old, Palo Alto, Calif.-based venture firm, has closed its third consecutive $1.2 billion fund. The group, which employs 20 investors altogether, raised the same a

Quirky Files For Bankruptcy While Flextronics Puts Up A $15M Bid For Wink

Quirky, the long-suffering startup that was once held up as a model for bridging the maker movement and corporate world, has filed for bankruptcy.

EMC Acquires Israeli Storage Startup ScaleIO For $200M-$300M To Compete Better With The Cloud Kings

Palo Alto-based <a target="_blank" href="http://scaleio.com/">ScaleIO</a> is one of a new generation of startup storage providers that's using intelligent software to help big companies streamline an

Facebook Job-Hunting App BranchOut Raises $6 Million From Accel And Super Angels

<img src="http://tctechcrunch.files.wordpress.com/2010/09/branchout-picture1.png">When you want to hang out with your friends online, you go to Facebook. When you want to look for a job, you go to Li