Silicon Valley Big-Data Startup Bought for $1B by … Monsanto?

The deal is one of the best and most lucrative examples so far of applying a Google-style data-science mindset to an existing industry.
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Causes.com Reinvents Itself (Sort of) as a Social Network for Social Good

“Just getting a million people to sign a petition is not how change happens,” says Causes.com CEO Matt Mahan. How about getting them to join a social network?
Screenshot of the new Causes.com

Early Groupon Backer NEA Dishes Out $226 Million in Deal Site’s Stock

Those who received shares had contributed to NEA’s 12th fund.
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News Byte

Hearsay Social Raises $30M More to Help Companies Sell Socially

Social sales company Hearsay Social has gotten a $30 million vote of confidence led by its existing investors, Sequoia Capital and NEA. With customers in fields such as financial services and insurance, whose salespeople use the platform to connect with their own customers on social media, the San Francisco-based company has now raised $51 million over the past four years. Hearsay Social is led by CEO Clara Shih, who is also on the board of Starbucks.

News Byte

Perfect-Fitting Bras With Just a Selfie Earns ThirdLove $5.6 Million Investment

Another intimate apparel company is entering the fray, but with a technological twist. ThirdLove, which is announcing a $5.6 million investment from NEA, Andreessen Horowitz and Michael Kors, says its smartphone app can fit women for lingerie by simply analyzing a photo that they take of themselves. The ThirdLove app then shows customers a selection of its own bras and panties that are the right fit for them.

News Byte

Social Radar Raises $12.75 Million Round

Social Radar, the mobile-focused startup that aims to connect users through location-based targeting and social network cross-referencing, announced a $12.75 million Series A round on Wednesday. The round was led by New Enterprise Associates, Grotech Ventures and Swan & Legend Ventures, with participation from Steve Case, Ted Leonsis, Dave Morin, Kevin Colleran, and a number of other angel investors. Dayna Grayson from NEA, Steve Fredrick from Grotech Ventures, Fred Schaufeld from Swan & Legend Venture Partners, and angel investor Kevin Colleran will all join Social Radar’s board of directors.

Tableau Software and Marketo Fire Up IPO Action Today

Many more to come.
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Social Startup Viddy Recapitalizes, Shuffles Board

The social video app returns a hefty chunk of change to its most recent investors.
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News Byte

Twitter Engineering SVP Joins Board at Mobile Payments Company Braintree

Twitter SVP of engineering Chris Fry has joined the board of directors at mobile payments platform Braintree, the company announced on Friday. Braintree provides the backend infrastructure powering a large number of sites, including Fab, Uber, Airbnb and others, and is doing north of $8 billion in payments volume on its platform annually. Fry, who was chosen specifically for his infrastructure background, joins the likes of NEA, Accel Partners, Braintree CEO Bill Ready and Nigel Morris of Capital One on the company’s board.

News Byte

DeveloperAuction Raises $2.7M for Novel Talent Marketplace

DeveloperAuction matches engineers and job openings through a process that involves curating a pool of candidates for two-week “auction” periods, requiring employers to specify¬†an offer value before scheduling interviews, and giving cash bonuses to hired engineers on their first day. The year-old company just raised $2.7 million from investors including NEA and Sierra Ventures.

10gen Promotes Schireson to CEO Slot