General Catalyst Raises $675M Seventh Fund

The venture capital firm General Catalyst Partners has raised $675 million for its seventh fund to invest in startups.
money_weights

News Byte

Warby Parker Is Seeing Green After New $60 Million Investment

Warby Parker, the eyewear startup that has built a cult following in a short time, has raised a new $60 million investment led by its biggest investor, Tiger Global Management, as was first reported by Fortune. Existing investors General Catalyst Partners, Spark Capital and First Round Capital also contributed to the Series C round, which brings Warby’s total funding to about $115 million.

News Byte

Instant House Help Service Handybook Raises $10M

Handybook, an on-demand service for finding housecleaners and handy people, has raised $10 million from General Catalyst Partners and Highland Capital Partners. Available in eight U.S. markets, the service promises it can book professionals (a.k.a. not TaskRabbit-y people) within a minute.

News Byte

Retail Tech Startup Swirl Raises $8 Million Round Led by Hearst Ventures

Hearst Ventures is leading an $8 million investment in Swirl, a commerce-focused startup that helps brick-and-mortar retailers target offers to shoppers on their mobile phones. Swirl previously raised a $6 million round last summer from SoftBank Capital, General Catalyst and Longworth Venture Partners.

Stealth Security Startup Illumio Secures $34 Million From General Catalyst

A big investment in securing virtual machines.

Anticipating IPO in 2014, Ping Identity Raises $44 Million Series F

A vision in which enterprise security pivots around the identity.

GoodData Raises $22 Million From Brazil’s TOTVS Ventures

Sewing up the business intelligence market south of the border.

News Byte

Mobile Gaming Startup Red Hot Labs Raises $1.5 Million

Red Hot Labs, the gaming development startup founded by two ex-Zynga engineers who helped create FarmVille, announced Thursday it raised $1.5 million in seed funding. Investors include Andreessen Horowitz, Greylock Partners, SV Angel, General Catalyst Partners, Japan’s IT-Farm and others. The six-person outfit is currently working on a number of games under the Red Hot Labs banner.

DataGravity Lands $30 Million From Andreessen Horowitz; Levine Joins Board

Extracting intelligence from stored data is hard.

Expedia Invests in Room 77’s Big $30 Million Round

The three-year-old hotel search company just raised $30.3 million from a number of high-profile investors who know a thing or two about travel.