10 posts and columns on Insight Venture Partners

News Byte

Another $85 Million for Tumblr

in Media on September 26, 2011 at 4:55 am PT

Tumblr, the booming blogging platform that has yet to spend much time generating revenue, now has even more time before it has to get down to business. The four-year-old company has raised an $85 million round led by Greylock Partners and Insight Venture Partners, along with new money from Peter Chernin and Richard Branson. Earlier investors Spark Capital, Union Square Ventures and Sequoia Capital re-upped as well.

Facebook Pal Buddy Media Raises $54 Million

in Social on August 14, 2011 at 9:00 pm PT

Mike Lazerow’s company, which helps advertisers figure out the social network, is now worth about $500 million.
buddy_media1

News Byte

Cvent Lands Huge $136 Million Funding Round

in News on July 20, 2011 at 9:26 am PT

Cvent, a company that specializes in online event management tools, said today it has secured a funding round worth $136 million, led by New Enterprise Associates and Insight Venture Partners with Greenspring Associates participating. The company, based in McLean, Virginia, says it plans to hire 200 people during the next year. Its customers include Coca-Cola, Procter & Gamble and Wells Fargo.

Exclusive: Flipboard Confirms $50 Million Funding at $200 Million Valuation

in News on April 14, 2011 at 1:23 pm PT

Late last month, BoomTown posted about a huge venture funding effort by the high-profile and even more highly designed social media reading app for the Apple iPad, Flipboard. Today, its co-founder and CEO Mike McCue confirmed a $50 million round at an eye-popping $200 million valuation, in a wide-ranging interview at the start-up’s Palo Alto, Calif., HQ.

News Byte

Spanish Private-Sales Site Privalia Expands to Germany Via Acquisition

in Commerce on March 7, 2011 at 3:46 pm PT

The online private-sales retailer Privalia, which operates in Spain, Italy, Brazil and Mexico, is buying Germany’s Dress for Less. Reuters said that according to its sources, Privalia paid between $210 million and $280 million. On Monday, Privalia raised roughly $123 million from private equity firms General Atlantic, Highland Capital Partners, Index Ventures and Insight Venture Partners to fund the transaction, which also included debt and shares. Together, Privalia is forecasting that they will achieve triple-digit revenue growth this year to around 400 million euros. In December, eBay purchased Germany-based brands4friends for $200 million.

Waiting for the Big Fish? The Next Web IPOs Might Surprise You

in News on February 1, 2011 at 1:00 pm PT

No, not Facebook. Not Zynga. And probably not Groupon. At least not yet, when it comes to the blockbuster Web IPOs that Wall Street and investors have been waiting for, and now expecting to roll out sooner than later in the wake of the return of the Web IPO in recent weeks. Not so fast.

Exclusive: Chegg Raises $75 Million in Additional Funding from Asian Firm

in News on September 26, 2010 at 8:55 pm PT

Chegg, the online textbook rental service, has raised another $75 million from Asia-based Ace Limited, according to sources. Ace seems to be nonexistent on the Internet, although sources said it is a Hong Kong-based investment firm. The round comes after a huge Series D investment in late 2009, which already brought Chegg’s funding to a whopping $144 million.

Chegg's Dan Rosensweig Talks About the Next Wave of Online Textbook Rentals and More!

in News on August 19, 2010 at 12:58 pm PT

Earlier this week, BoomTown went down to Santa Clara, Calif. to the offices of Chegg, the online textbook rental leader, to pay a visit on longtime Silicon Valley exec Dan Rosensweig. Today, in a bid to expand its offerings beyond books, Chegg said it had acquired Courserank, a Mountain View, Calif. start-up that helps students “share their course schedule, take classes with their friends, read and write reviews on classes and professors as well as find out how professors grade.” Here’s the video.

New Twitter Valuation Clearly in Need of Character Limit

in Social on September 24, 2009 at 11:00 am PT

Bargain Hunting: Oracle, Symantec, Tata Go Shopping

in News on October 8, 2008 at 9:17 am PT

When the going gets tough, the tough go shopping. Or at least that’s why they do in the technology business. In what seems like a fairly optimistic note in these gloomy times, some companies are taking advantage of reduced valuations to pick up strategic assets at prices that undoubtedly are a lot lower than they would have been even a few months earlier.