2q 15 vcsurvey
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Venture Capital Funding Survey, Second Quarter 2015
VENTURE CAPITAL FUNDING, SECOND QUARTER 2015
This is a listing of many of the Bay Area firms that received venture capital financing between June 30 and Aug. 31, 2015. Most of the data was compiled from a survey conducted by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association in conjunction with the Mercury News.
In the case of some investments there may have been other participants in the round who are not credited. Also, the amounts listed may not include all venture funding the company received during the quarter.
*Indicates this is a seed or first-round infusion of money from venture capitalists. These companies may have received money previously from other investors and aren't necessarily start-ups.
BIOTECHNOLOGY / HEALTHName City Stage Amount Investors Description
Aduro BioTech Berkeley Later Stage $200,000,000 Undisclosed firm Clinical research services
Advanced Cell Diagnostics Hayward Later Stage $22,000,000
Kenson Ventures, Morningside
Technologies, New Leaf Venture
Partners, Summit Partners
Cell and tissue-based
diagnostic tests
Aegea Medical Redwood City Expansion $36,000,000
Alloy Ventures, Covidien
Ventures, Delphi Ventures,
undisclosed firm
Manufactures surgical and
medical instruments
Autonomic Technologies Redwood City Later Stage $43,199,800
Aberdare Ventures, Edmond de
Rothschild Investment Partners
SAS, Forbion Capital Partners,
InterWest Partners, Kleiner
Perkins Caufield & Byers,
Novartis Venture Funds,
undisclosed firm
Miniaturized implantable
neurostimulation device
CytomX Therapeutics
South San
Francisco Early Stage $70,000,100
Canaan Partners, Deerfield
Management Company, Tekla
Healthcare Investors,
undisclosed firms, Venrock,
Wellington Management
Company Biotechnology company
Denali Therapeutics*
South San
Francisco Early Stage $217,000,000
Arch Venture Partners, Fidelity
Biosciences, Flagship Ventures,
undisclosed firm Biotechnology company
First Aid Shot Therapy Burlingame Expansion $20,332,000 Sofinnova Ventures
Consumer healthcare
company
Page 1 of 11
Venture Capital Funding Survey, Second Quarter 2015
Kezar Life Sciences*
South San
Francisco Early Stage $28,369,200
Aju IB Investment Co., EcoR1
Capital, Morningside
Technologies, Omega Fund
Management, undisclosed firms
Discovery and
development of drugs
targeting protein
homeostasis for
autoimmune disorders
Metabiota* San Francisco Expansion $30,200,000
Capricorn Investment Group,
Data Collective, Industry
Ventures, Rosemont Seneca
Technology Partners, WP Global
Partners
Builds a framework to
identify, analyze and
investigate health threats
MyoKardia
South San
Francisco Early Stage $46,000,000 Sanofi-Sunrise, undisclosed firms
Developing a pipeline of
small molecule
therapeutics
Natera San Carlos Later Stage $55,500,200
Franklin Templeton
Investimentos Brasila, HealthCor
Partners Management, OrbiMed
Advisors, RA Capital
Management, Sofinnova
Ventures, undisclosed firm Genetic testing company
Outset Medical San Jose Expansion $59,594,000
CRG, undisclosed firms, Vertical
Group, Warburg Pincus Hemodialysis solutions
Scanadu Moffett Field Expansion $34,850,400
AME Cloud Ventures, CBC
Capital, Relay Ventures, Tencent
Collaboration Fund, undisclosed
firms, iGlobe Partners
Consumer medical device
products
SFJ Pharmaceuticals Pleasanton Expansion $27,311,000 Undisclosed firms Specialty pharma company
Shockwave Medical Fremont Early Stage $39,843,200
Ally Bridge Group Capital
Partners II, Deerfield
Management Company, RA
Capital Management, Sectoral
Asset Management, Sofinnova
Partners SAS, undisclosed firm,
Venrock
Intravascular devices for
calcified cardiovascular
disease
SI-Bone San Jose Expansion $21,000,000 Redline Capital Management SA
Sacroiliac joint medical
device company
Page 2 of 11
Venture Capital Funding Survey, Second Quarter 2015
True North Therapeutics
South San
Francisco Early Stage $35,000,000
Baxter Ventures, Kleiner Perkins
Caufield & Byers, MPM Capital,
OrbiMed Advisors, Sr One
therapies that inhibit the
complement system to
treat rare disease
Twelve Redwood City Early Stage $35,250,000
Domain Associates, Longitude
Capital Management Co.,
Morgenthaler Ventures, Versant
Ventures Medical device incubator
Twist Bioscience San Francisco Early Stage $36,999,900
Applied Ventures, Arch Venture
Partners, Foresite Capital
Management, Paladin Capital
Management, undisclosed firms
DNA production and drug
development
Zymergen* Emeryville Early Stage $44,143,200
AME Cloud Ventures, Data
Collective, Draper Fisher
Jurvetson, Innovation Endeavors,
Obvious Ventures Management,
True Ventures, Two Sigma
Investments, undisclosed firm
Designs and creates
microbial strains
BUSINESS SERVICES
Name City Stage Amount Investors Description
Adallom Palo Alto Early Stage $24,300,000
Hewlett-Packard Ventures, Index
Ventures, Rembrandt Venture
Management, Sequoia Capital
Content security services
provider
Bill.Com Palo Alto Later Stage $30,000,000
Emergence Capital Partners,
TTV Capital
Offers bill payment,
invoicing and cash flow
management solutions
Coho Data Palo Alto Expansion $30,000,100
Andreessen Horowitz, Hewlett-
Packard Ventures, Ignition
Partners, Intel Capital, March
Capital Partners GP
Storage for the cloud
generation
Docker San Francisco Expansion $95,000,400
AME Cloud Ventures,
Benchmark Capital Management
Gesellschaft MBH In Liqu,
Coatue Management, Goldman
Sachs & Co., Greylock Partners,
Insight Venture Partners,
Sequoia Capital, Trinity Ventures,
undisclosed firm
Open platform for
distributed applications
Page 3 of 11
Venture Capital Funding Survey, Second Quarter 2015
Instart Logic Palo Alto Expansion $43,000,200
Andreessen Horowitz, Four
Rivers Partners, Hermes Growth
Partners, Kleiner Perkins
Caufield & Byers, Tenaya
Capital, undisclosed firm
Cloud application delivery
service
Jelli San Mateo Expansion $21,000,000
First Round Capital, Intel Capital,
Relay Ventures, undisclosed
firms Social radio platform
Ripple Labs San Francisco Early Stage $27,999,400
AME Cloud Ventures, China
Growth Capital, ChinaRock
Capital Management, Core
Innovation Capital I, IDG Capital
Partners, Liquidity Ventures I,
RRE Ventures, Route 66
Ventures, Seagate Technology
PLC, undisclosed firms, Vast
Ventures, venture51 Capital
Fund
Payment protocol and
exchange network
Saama Technologies* Campbell Later Stage $35,753,000
Carrick Capital Management
Company
Big Data solutions and
services company
Wepay Palo Alto Expansion $40,000,000
August Capital Management,
Continental Investors, Financial
Technology Ventures, Highland
Capital Partners, Ignition
Partners, Rakuten Ventures
Online payment service
provider
CONSUMER GOODS / SERVICESName City Stage Amount Investors Description
AirBnB San Francisco Expansion $1,500,000,000
CBC Capital, Fidelity Investment
Funds II, GGV Capital, General
Atlantic, Hillhouse Capital
Management, Horizon Ventures,
Kleiner Perkins Caufield & Byers,
T. Rowe Price Threshold
Partnerships, Temasek Holdings
(Private), Tiger Global
Management, undisclosed firms Community marketplace
AltSchool San Francisco Early Stage $100,000,000
Andreessen Horowitz, First
Round Capital, Founders Fund,
The, Learn Capital Venture
Partners, Omidyar Network
Commons, undisclosed firms Network of micro-schools
Blue Bottle Coffee Oakland Later Stage $74,959,000 Index Ventures, True Ventures
Coffee roasting and
retailing
Credit Karma San Francisco Later Stage $174,999,900
Tiger Global Management,
undisclosed firm
Offers credit scores and
recommendations for loans
and insurance products
Page 4 of 11
Venture Capital Funding Survey, Second Quarter 2015
Honor Technology* San Francisco Early Stage $20,000,100
Andreessen Horowitz, Kapor
Capital, undisclosed firm
Offers online service that
connects in-home
caregivers and seniors
Joyus San Francisco Expansion $24,000,000
Accel Partners & Co., InterWest
Partners, Marker Financial
Advisors, Steamboat Ventures,
Time Warner Investments
Online video shopping
platform
Munchery San Francisco Expansion $86,590,000
137 Ventures, Greycroft
Partners, Menlo Ventures,
Northgate Capital,
SherpaVentures, undisclosed
firm, e.ventures
Food marketplace platform
provider
Naturebox San Carlos Early Stage $29,999,900
Canaan Partners, General
Catalyst Partners, Global
Founders Capital Management
GmbH, Kensington Capital
Partners, Neuberger Berman,
Softbank Capital Partners, Valley
Oak Investments
Delivers boxes filled with
snacks
Nerdwallet* San Francisco Expansion $64,000,000
Institutional Venture Partners,
RRE Ventures, undisclosed firm,
iGlobe Partners
Financial education and
empowerment
PAX Labs* San Francisco Later Stage $46,685,800
Sand Hill Angels, Tao Capital
Partners, undisclosed firms
Vaporization delivery
systems for smokers
Pinterest San Francisco Expansion $186,000,000
Andreessen Horowitz, Bessemer
Venture Partners, Fidelity
Investment Funds II, FirstMark
Capital, Goldman Sachs & Co.,
SV Angel II Q, undisclosed firm,
Wellington Management
Company
Internet scrapbooking
company
Poshmark Menlo Park Expansion $25,000,200
Inventus Capital Partners Fund I,
J. F. Shea Co., Mayfield Fund,
Menlo Ventures, Softtech VC,
Union Grove Venture Partners
2014
Buying and selling
fashionable closets from
the iPhone
Prosper Marketplace San Francisco Later Stage $165,000,000
BBVA Ventures, Breyer Capital,
Credit Suisse Private Equity,
Neuberger Berman, Passport
Capital, USAA, undisclosed firm
Peer-to-peer lending
marketplace
Page 5 of 11
Venture Capital Funding Survey, Second Quarter 2015
Sprig San Francisco Expansion $44,660,200
500 Startups, Accel Partners &
Co., Battery Ventures, Greylock
Partners, IDG Ventures USA,
Ludlow Ventures, Lumia Capital,
Social+Capital Partnership, Sozo
Ventures, undisclosed firms
Food delivery service
company
Udemy San Francisco Expansion $65,000,000
Insight Venture Partners,
Norwest Venture Partners,
Stripes Group
Online learning
marketplace
Walker & Company
Brands Palo Alto Early Stage $22,000,000
Andreessen Horowitz,
undisclosed firm
Health and beauty products
company
HARDWARE / INSTRUMENTSName City Stage Amount Investors Description
Tegile Systems Newark Expansion $70,000,000
August Capital Management,
Capricorn Investment Group,
Cross Creek Capital, Meritech
Capital Partners, undisclosed
firms
Flash-driven storage arrays
for database
NETWORKING / TELECOMMUNICATIONSName City Stage Amount Investors Description
Planet Labs San Francisco Expansion $69,877,000 International Financeoration
Space and analytics
company
ENERGY / INDUSTRIALName City Stage Amount Investors Description
Bolt Threads Emeryville Early Stage $32,385,200
Alafi Capital Co., Formation 8
Partners, Foundation Capital,
Founders Fund, The
Fibers and fabrics for
textile industry
SEMICONDUCTORSName City Stage Amount Investors Description
Aquantia Milpitas Later Stage $25,250,000
Greylock Partners, Lightspeed
Management Company, New
Enterprise Associates, .,
Rossiyskaya Korporatsiya
Nanotekhnologiy GK
Ethernet connectivity
solutions
Samsara Networks* San Francisco Early Stage $25,000,000
Andreessen Horowitz,
undisclosed firm
Internet connected sensor
system products
SOFTWAREName City Stage Amount Investors Description
Actiance Redwood City Later Stage $28,000,200
Credit Suisse Private Equity,
Golub Capital Master Funding,
JK&B Capital, Scale Venture
Partners, Sutter Hill Ventures,
undisclosed firm
Communications solution
provider
Page 6 of 11
Venture Capital Funding Survey, Second Quarter 2015
Adaptive Insights Palo Alto Later Stage $74,999,800
Bessemer Venture Partners,
Cardinal Venture Capital,
Information Venture Partners,
JMI Management, Monitor
Venture Associates, Norwest
Venture Partners, ONSET
Ventures
Cloud-based business
analytics solutions
Appirio San Francisco Later Stage $35,000,000 Undisclosed firm
Global cloud consultancy
and services company
Automatic Labs San Francisco Expansion $24,000,000
Comcast Ventures, USAA,
undisclosed firm
Driver assistance software
applications
Banjo Redwood City Expansion $100,000,000
Bluerun Ventures, Softbank
Capital Partners
Social discovery
application
CliQr Technologies Santa Clara Expansion $24,000,000
Foundation Capital, Polaris
Venture Partners, Translink
Capital, undisclosed firm
Hybrid cloud-application
migration and management
solutions
Cloudgenix Santa Clara Early Stage $25,000,000
Bain Capital Venture Partners,
Charles River Ventures, Mayfield
Fund Networking company
Cohesity Santa Clara Early Stage $70,000,000
Accel Partners &Co, Artis
Ventures, Battery Ventures,
Google Ventures, Qualcomm
Ventures, Trinity Ventures, Wing
Venture Partners
Data platform for
converged secondary
storage
Coupa Software San Mateo Later Stage $80,000,000
Battery Ventures, Crosslink
Capital, El Dorado Ventures,
Mohr Davidow Ventures, Rally
Ventures, T. Rowe Price
Threshold Partnerships,
undisclosed firm
Cloud-based spend
management solutions
Curbside Palo Alto Early Stage $25,000,000
AME Cloud Ventures, Index
Ventures, Qualcomm Ventures,
Sutter Hill Ventures, undisclosed
firm
Applications that allow
consumers to buy products
Cyphort San Jose Expansion $30,000,000
Foundation Capital, Matrix
Partners, Sapphire Ventures,
Trinity Ventures
Advanced threat monitoring
and mitigation platform
Doctor On Demand San Francisco Early Stage $48,500,000
Jump Capital, Qualcomm
Ventures, Shasta Ventures,
Tenaya Capital, undisclosed
firms, Venrock Video consultation services
Page 7 of 11
Venture Capital Funding Survey, Second Quarter 2015
DocuSign San Francisco Later Stage $278,099,900
Bain Capital Venture Partners,
Brookside International, Dell
Ventures, Generation Investment
Management, Ignition Partners,
Intel Capital, Kleiner Perkins
Caufield & Byers, Sands Capital
Management, Scale Venture
Partners, undisclosed firm,
Wellington Management Co.
Offers e-Signature
transaction management
solutions
Freshdesk San Francisco Expansion $50,000,100
Accel Partners & Co., Google
Capital Management Company,
Tiger Global Management
Cloud-based customer
support software
Grab A Bucket San Francisco Early Stage $30,000,000
Bessemer Venture Partners,
Norwest Venture Partners, Trinity
Ventures
Allows users to have their
cars valeted from locations
Guavus San Mateo Later Stage $50,875,900
Artiman Management, Investor
Growth Capital, Sofinnova
Ventures, Translink Capital,
undisclosed firm
Big Data analytics
solutions
HackerOne San Francisco Early Stage $25,000,000
Benchmark Capital Management
Gesellschaft MBH In Liqu, New
Enterprise Associates Security firm
HyTrust Mountain View Later Stage $25,000,200
Accelerate-IT Ventures
Management, Cisco Systems,
Epic Ventures, Granite Ventures,
Intel Capital, Trident Capital,
undisclosed firm, Vanedge
Capital
Cloud security automation
company
Illumio Sunnyvale Early Stage $100,531,200
Accel Partners & Co.,
Andreessen Horowitz,
BlackRock, Formation 8
Partners, General Catalyst
Partners, undisclosed firm Cloud security company
Jiff Palo Alto Expansion $23,450,000
Aberdare Ventures, Aeris Capital
AG, GE Ventures, Rosemark
Capital Group, Venrock
Social network and digital
health applications platform
Lattice Engines San Mateo Later Stage $28,300,100
Blue Cloud Ventures, New
Enterprise Associates, Piper
Jaffray Ventures, River Cities
Capital Funds, Sequoia Capital
Offers data-driven business
applications
Lyft San Francisco Later Stage $150,000,000
Fontinalis Partners, undisclosed
firm
Offers a peer-to-peer real-
time ride matching platform
Page 8 of 11
Venture Capital Funding Survey, Second Quarter 2015
MarkLogic San Carlos Later Stage $102,277,800
Northgate Capital, Sequoia
Capital, Tenaya Capital,
undisclosed firms, Wellington
Management Company
Enterprise NoSQL
database platform
Matterport Mountain View Expansion $30,000,000
Felicis Ventures, Gic Special
Investments Pte, Qualcomm
Ventures, undisclosed firm
Solutions for 3-D scanning
of spaces and objects
Menlo Security Menlo Park Early Stage $25,000,000
Engineering Capital, General
Catalyst Partners, Osage
Partners, Sutter Hill Ventures
Offers protection to
organizations from cyber-
attacks
MuleSoft San Francisco Later Stage $128,299,500
Bay Partners, Cisco Investments,
Hummer Winblad Venture
Partner, Lightspeed Management
Company, Meritech Capital
Partners, Morgenthaler Ventures,
New Enterprise Associates,
Salesforce Ventures, Sands
Capital Management, Sapphire
Ventures, undisclosed firms
Ontegration platform for
connecting SaaS and
applications
Nexenta Systems Santa Clara Later Stage $30,000,000
Sierra Ventures, Translink
Capital, undisclosed firm
Software-defined Storage
solutions
Niara Sunnyvale Early Stage $20,000,100
Index Ventures, New Enterprise
Associates, Venrock
Stealth security analytics
company
Postmates San Francisco Expansion $73,176,000 Tiger Global Management
On-demand delivery
services
Qwilt Redwood City Expansion $25,000,000
Accel Partners & Co., Bessemer
Venture Partners, Cisco
Investments, Disruptive,
Innovation Endeavors, Redpoint
Ventures, undisclosed firm
Transparent and video
delivery solutions
RetailNext San Jose Later Stage $29,003,400
Activant Capital Group, August
Capital Management, Commerce
One Ventures, Nokia Growth
Partners, Pereg Ventures,
Qualcomm Ventures, Siguler
Guff & Co., StarVest Partners,
undisclosed firm
Retail analytics for brick-
and-mortar stores
Robinhood Markets Palo Alto Early Stage $50,000,000
Index Ventures, New Enterprise
Associates, Ribbit Capital, Social
Leverage, Vaizra Investments Broker-dealer
Page 9 of 11
Venture Capital Funding Survey, Second Quarter 2015
Rubrik Palo Alto Early Stage $41,000,100
Greylock Partners, Lightspeed
Management Company,
undisclosed firm
Live data access for
recovery and application
development
Shyp San Francisco Early Stage $43,644,000
Homebrew, Kleiner Perkins
Caufield & Byers,
SherpaVentures, undisclosed
firm
Mobile application for
shipping needs
Skyport Systems* Mountain View Expansion $30,000,000
Index Ventures, Intel Capital,
Sutter Hill Ventures
Enterprise security
company
Slack Technologies San Francisco Expansion $160,000,000
Accel Partners & Co.,
Andreessen Horowitz, Google
Ventures, Horizons Ventures,
Index Ventures, Institutional
Venture Partners, Kleiner Perkins
Caufield & Byers, Mail.Ru Group,
Social+Capital Partnership,
Spark Capital
Platform for team
communication
Smule San Francisco Expansion $26,045,200
Adams Street Partners,
Bessemer Venture Partners,
Shasta Ventures, undisclosed
firm
Social music making
applications
Snowflake Computing San Mateo Early Stage $45,000,000
Altimeter Capital Management,
Redpoint Ventures, Sutter Hill
Ventures, Wing Venture Partners Data warehouse
Sumo Logic Redwood City Expansion $80,100,000
Accel Partners & Co., Draper
Fisher Jurvetson, Greylock
Partners, Institutional Venture
Partners, Sequoia Capital, Sutter
Hill Ventures
Cloud-based machine data
analytics service
Switch Communications San Francisco Expansion $34,999,800
Andreessen Horowitz, Felicis
Ventures, Google Ventures,
SoftBank Group, undisclosed
firm
Online accelerator engine
provider
Tapingo San Francisco Early Stage $22,000,000
Carmel Ventures IV Principals
Fund, Doll Capital Management,
Khosla Ventures, Kinzon Capital,
Qualcomm Ventures Mobile shopping platform
Tidemark Systems Redwood City Expansion $25,000,000
Andreessen Horowitz, Greylock
Partners, Redpoint Ventures,
Tenaya Capital, ., undisclosed
firm
Set of enterprise
performance management
(EPM) applications
Twilio San Francisco Expansion $100,000,000
Bessemer Venture Partners,
Draper Fisher Jurvetson,
undisclosed firm
Business communications
solutions
Page 10 of 11
Venture Capital Funding Survey, Second Quarter 2015
Vessel Group San Francisco Early Stage $58,000,000
Benchmark Capital Management
Gesellschaft MBH In Liqu, Bezos
Expeditions, Greylock Partners,
Institutional Venture Partners
Service to consumers and
content creators
Vlocity* San Francisco Early Stage $42,800,000
Salesforce Ventures, undisclosed
firm
Walkme San Francisco Expansion $25,000,000
Gemini Capital Fund
Management, Giza Venture
Capital, Greenspring Associates,
Scale Venture Partners
interactive online guidance
system
Zenefits Insurance
Services San Francisco Early Stage $499,999,600
Andreessen Horowitz, Fidelity
Ventures, Founders Fund, The,
Insight Venture Partners,
Institutional Venture Partners,
Khosla Ventures, Tpg Growth,
undisclosed firms
HR software that manages
payroll, benefits, and
compliance
ZenPayroll San Francisco Expansion $41,600,000
Emergence Capital Partners,
General Catalyst Partners,
Google Capital Management
Company, Google Ventures,
Kleiner Perkins Caufield & Byers,
Ribbit Capital
Cloud-based payroll
provider
Page 11 of 11