Greylock Partners, the venture firm with stakes in Facebook Inc., LinkedIn Corp. and Groupon Inc., boosted the size of its latest fund by 74 percent to $1 billion to increase investments in more mature technology startups.
Redfin Corp., an online real-estate brokerage, raised $50 million in a financing round led by Tiger Global Management LLC and T. Rowe Price Group Inc., the latest mature startup to get capital from big institutional investors.
Coupons.com Inc., which took coupon clipping from newspapers to the Web in 1998, plans to go public next year and has picked Goldman Sachs Group Inc. to lead the offering, according to people with knowledge of the matter.
Greylock Partners, the venture capital firm behind LinkedIn Corp., Facebook Inc. and Workday Inc., raised $1 billion for its 14th fund to back startups focused on consumer and business-focused technology.
Lytro Inc., the maker of a camera that lets pictures be refocused after they are taken, pulled in an additional $40 million in funding to release a redesigned device and get its technology into smartphones.
LinkedIn Corp. ’s founder Reid Hoffman and its three top venture backers own a combined stake of about $5.14 billion after an eight-year wait for the first initial public offering by a major U.S. social-media site.
AppDynamics Inc. founder Jyoti Bansal left CA Inc. five years ago to develop competitive software for businesses to monitor their applications. Now his startup is approaching $100 million in annual revenue and is setting the stage for an initial public offering.