News Byte

CubeTree Founder Ross Fubini Joins Canaan Partners

Canaan Partners has hired Ross Fubini, who co-founded enterprise collaboration company CubeTree (sold to SuccessFactors). Fubini, who was formerly at Kapor Capital, and continues to be an adviser to companies like Palantir, will be a venture partner at Canaan, and noted that he would focus on investing in hard technical problems, as well as the consumerization of the enterprise.

News Byte

Piazza Raises $6M for College Class Discussion Platform

Piazza, a Q&A service for discussions of college coursework with the approval and participation of instructors, has raised $6 million in a round led by Bessemer Venture Partners and including Kapor Capital and Felicis Ventures. The company said it has 100,000 users — many of them in computer science and math classes — and that its average daily login lasts four hours.