Battery Ventures

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Social Startup Sprinklr Raises $17.5 Million

Mike Isaac in Social on November 5, 2013 at 11:58 am PT

Sprinklr, a social media management platform that works with both Twitter and Facebook, announced on Tuesday it has raised $17.5 million in a series C round of funding. The new funds come from previous investors Battery Ventures and Intel Capital, bringing the total amount of money raised to date to $37.5 million.

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HotelTonight Books $45 Million Investment, Led by Hedge Fund Coatue Management

Jason Del Rey in Commerce on September 5, 2013 at 9:00 am PT

Last-minute hotel-booking service HotelTonight has landed a huge Series E funding round of $45 million to help spur geographic and staff expansion, with the hedge fund Coatue Management leading the round. GGV Capital is investing in HotelTonight for the first time, while past investors Battery Ventures, First Round Capital and Accel Partners participated, as well. This is the first lead investment for Coatue’s new fund focused on privately held technology firms, after building its name on investments in publicly traded companies. HotelTonight has now raised more than $80 million.

News Byte

Battery Ventures Hires a Top Comms Exec: Former WSJ Reporter Rebecca Buckman

Kara Swisher in Media on July 16, 2013 at 6:00 am PT

Like many venture firms in Silicon Valley, Battery Ventures has hired a top communications and content exec — former Wall Street Journal reporter Rebecca Buckman. She will be a VP at Battery, in charge of a number of media areas, including developing original content about its portfolio of investments. Buckman has also written for Forbes and, most recently, has been doing some PR work. Adding top execs to focus on media and content at VC firms has been increasing, including the recent hiring of former WSJ reporter Ben Worthen by Sequoia Capital and Wired’s Michael Copeland at Andreessen Horowitz, among others.