Skyhigh Networks Inc., a security- technology startup that provides tools to help companies monitor cloud-computing usage, raised $40 million as it rides demand for Internet-based software and security.
Sequoia Capital, a Silicon Valley venture-capital firm that backed Apple Inc., Yahoo! Inc. and Google Inc., is set to exceed its combined goal of $975 million for a trio of new early-stage funds, according to two people familiar with the matter.
Sequoia Capital India agreed to sell part of its stake in diagnostics and pathology services firm Dr Lal PathLabs Pvt. to U.S.-based private equity firm TA Associates Inc., the Mint newspaper said, citing Sequoia director Sandeep Singhal.
Tanda Srinivas was lounging in the yard of his two-room house in the southern Indian village of Mondrai shortly after noon on Oct. 28 when his wife, Shobha, burst out of the door covered in flames and screaming for help.
Achates Power Inc., a developer of efficient internal-combustion engines, raised $35.2 million from investors including Sequoia Capital Partners and the venture capital arm of Wal-Mart Stores Inc.’s founding family.