sequoia capital

  • Longtime Facebook VP Mike Vernal joins Sequoia Capital

    Longtime Facebook VP Mike Vernal joins Sequoia Capital

    Mike Vernal, a Facebook VP who has spent the last eight-plus years at the company, most recently leading its search, profile, local and developer platform product groups, is leaving the company to become a venture capitalist at Sequoia Capital. Before joining Facebook, Vernal spent nearly six years at Microsoft, first as a product manager and later as a development lead. The Harvard grad… Read More

  • Apply now for Include Office Hours with Sequoia Capital

    Apply now for Include Office Hours with Sequoia Capital

    TechCrunch Include Office Hours are happening on April 15th! Bryan Schreier and Bill Coughran from Sequoia Capital will join TechCrunch to provide valuable advice and feedback to startups. Launched in 2014, Include is TechCrunch’s diversity program, aimed at facilitating opportunities for underrepresented groups in tech to take their startups to the next level. The Office Hours program… Read More

  • How Goguen’s Case Hurts Sequoia

    How Goguen’s Case Hurts Sequoia

    A week ago yesterday, we told you that longtime Sequoia partner Michael Goguen had been slapped with a stomach-turning complaint. At its crux, it accused him of breaching an agreement he’d made to pay $40 million to a woman he’d known for years. Apparently, after paying her $10 million, Goguen concluded that he was within his rights to stop writing her checks. The woman then hired… Read More

  • Michael Goguen’s counter-complaint calls accuser an “exotic dancer” who was “looking for a payday”

    Michael Goguen’s counter-complaint calls accuser an “exotic dancer” who was “looking for a payday”

    Michael Goguen, the longtime venture capitalist who was asked to leave Sequoia Capital following a stunning breach of contract complaint, has just filed a counter complaint in San Mateo County Court that proposes the accusations against him are a myth. In reaction to claims that Goguen sexually and emotionally abused a woman named Amber Laurel Baptiste for more than a decade, and then failed… Read More

  • Alooma scores $11.2 million Series A to solve data science pain points

    Alooma scores $11.2 million Series A to solve data science pain points

    Alooma, an Israeli startup that helps companies process and work with big data in real time delivered as a cloud service, announced an $11.2 million Series A round today led by Lightspeed Venture Partners and Sequoia Capital. The product focuses on the people working with data like data scientists and end users with advanced degrees in mathematics and machine learning, rather than… Read More

  • Longtime VC Michael Goguen was just hit with an explosive lawsuit

    Longtime VC Michael Goguen was just hit with an explosive lawsuit

    Michael Goguen, a longtime partner at Sequoia Capital who joined the tony Sand Hill Road firm roughly 20 years ago, has been named in an extraordinary breach of contract lawsuit that accuses him of sexually mistreating a woman he met in 2001, then refusing to honor a financial arrangement they made in more recent years to keep her from suing him. Read More

  • Indian Juice Company Raw Pressery Soaks Up $4.5M In New Funding Led By Sequoia

    Indian Juice Company Raw Pressery Soaks Up $4.5M In New Funding Led By Sequoia

    Raw Pressery currently delivers cold-pressed juices to homes in six Indian cities, but it aspires to grow into one of the country’s leading health food makers. The company just raised a $4.5 million Series B from returning investor Sequoia Capital, Saama Capital, and DSG Consumer Partners, bringing its total venture funding so far to $6.3 million. Read More

  • Indian Startup CREO Raises $3M To Build Its Own Android-based OS And Smartphones

    Indian Startup CREO Raises $3M To Build Its Own Android-based OS And Smartphones

    CREO is a new startup in India with big ambitions. It not only wants to create a new Android-based operating system, but also produce its own smartphones. The Bengaluru-based company announced today that it has raised $3 million from Sequoia India, Beenext Ventures, and India Quotient. Read More

  • JD.com’s Financial Services Arm Lands $1B Led By Sequoia China At $7.1B Valuation

    JD.com’s Financial Services Arm Lands $1B Led By Sequoia China At $7.1B Valuation

    Alibaba isn’t the only e-commerce service in China with a financial services arm capable of raising large amounts of external funding. While Alibaba’s Ant Financial raised an undisclosed round last summer at a colossal $45-$50 billion valuation, its rival e-commerce giant JD.com’s money-focused unit is also in the money after it took in RMB 6.65 billion from a clutch of… Read More

  • Data-Driven Health Insurance Provider Clover Health Raises Another $35M

    Data-Driven Health Insurance Provider Clover Health Raises Another $35M

    When Sequoia Capitals Michael Dixon met Clover Health CEO Vivek Garipalli, he said he knew he wanted to invest. The catch: it took 18 months to convince him. But that finally happened, with the company today announcing a $35 million financing round led by Sequoia Capital. Clover Health works by tracking inputs from a person’s medical history and determining who the highest-risk… Read More

  • Sequoia Invests $13 Million In A Seed Round For Lemonade, Which Is Looking To Transform Insurance

    Sequoia Invests $13 Million In A Seed Round For Lemonade, Which Is Looking To Transform Insurance

    In one of the largest seed investments in the firm’s history, Sequoia Capital is committing to a $13 million round for Lemonade, a company that’s looking to bring the idea of peer-to-peer personal insurance to the U.S. There is perhaps no industry more universally reviled than the insurance industry and Lemonade’s co-founders, Shai Wininger (a co-founder of the jobs… Read More