Series B
Data Center operating system creator Mesosphere has raised $36 million in Series B funding led by Khosla Ventures. Andreessen Horowitz, Fuel Capital, SV Angel and others also participated. “The industry needs a new type of operating system to optimize and automate the complex landscape inherent to the agile IT era: a growing fleet of distributed web, mobile, analytic server applications, operated as application-centric abstractions on commodity server and storage pools in dedicated datacenters and public clouds,” said Vinod Khosla, Founder of Khosla Ventures. Mesosphere has now raised a total of around $50 million and plans to invest in global growth as it rolls out its data center operating system.
Sckipio Technologies, an Israel-based provider of G.fast modem chipsets, has announced $17 million in Series B financing led by Pitango Venture Capital. Existing investors Gemini Israel Ventures, Genesis Partners, Amiti Ventures and Aviv Ventures all participated. G.fast modems are capable of delivering speeds of up to 1GB per second, and the market has been predicted to grow fast. “Sckipio intends to extend our leadership in G.fast,” said David Baum, Sckipio CEO. “The additional investment will help us move even faster, enhance our product offering more quickly, and provide working capital to scale production to meet the high demand for our solutions.”
Series C
Extole, a referral marketing company, has secured $14 million in Series C funding led by Scale Venture Partners. Norwest Venture Partners, Redpoint Ventures, Shasta Ventures and Trident Capital all participated in the round. “With our new funding we’re going to make referrals not just a growth channel but THE growth channel for business everywhere,” CEO Matthew Roche wrote in a blog post.
Instacart, a San Francisco-based grocery delivery company, is reportedly raising $100 million in Series C funding at a valuation of $2 billion, TechCrunch reported on Friday. The company, which offers grocery delivery in an hour, has raised a total of $154.8 million. Instacart currently operates in 10 different cities and last raised funds in June when it secured $44 million at a $400 million valuation.