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.
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.
Nextdoor.com Inc., a social- networking site for neighborhoods, raised $60 million in a funding round led by Kleiner Perkins Caufield & Byers and Tiger Global Management to hire more engineers and expand overseas.
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.
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.
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.
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.