VENTURE CAPITAL FUNDING SURVEY, FIRST QUARTER 2016

This is a listing of many of the Bay Area firms that received venture capital financing between
Jan. 01 to March 31, 2016. Most of the data was compiled from a survey conducted by
PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association in
conjunction with the Mercury News.
In the case of some investments there may have been other participants in the round who are not
credited. Also, the amounts listed may not include all venture funding the company received during
the quarter.
1-Indicates this is a seed or first-round infusion of money from venture capitalists. These
companies may have received money previously from other investors and aren't necessarily start-ups.
BIOTECHNOLOGY/HEALTH
Name
City

MoneyTree Stage

Amount

10X Genomics

Pleasanton

Expansion

Alector

San
Francisco

Early Stage

Apnicure

Redwood
City
Redwood
City

Later Stage

Early Stage

ARMO Biosciences

Investors

55,000,200 Foresite Capital Management,

Undisclosed Firm, Paladin Capital
Management, SoftBank Group,
Venrock
29,500,200 Polaris Venture Partners, Mission
Bay Capital, Amgen, Undisclosed
Firm, Undisclosed Firm, Google
Ventures, Topspin Partners,
Dementia Discovery Fund,
OrbiMed Advisors
15,809,000 Undisclosed Firm, U.S. Venture
Partners
50,000,400 Undisclosed Firm, HBM
Healthcare Investments AG,
Google Ventures, Undisclosed
Firm, Kleiner Perkins Caufield &
Byers, OrbiMed Advisors, Duff
Ackerman & Goodrich,
NanoDimension Management,
Industrial Investors Group

0000001

Business Description (edited)

Genomics platform

Biotechnology company

Medical device company

Clinical-stage
biopharmaceutical company

Balance Therapeutics

San Bruno

Early Stage

25,000,000 Undisclosed Firm, Undisclosed

Firm

Guardant Health

Redwood
City

Expansion

82,844,000

HealthTell

San Ramon

Early Stage

26,099,000

Minerva Surgical

Redwood
City
Redwood
City
Pleasanton

Later Stage

15,000,000

Startup/Seed
Early Stage

$
$

38,500,000
13,012,000

South San
Francisco
Pleasanton
Menlo Park

Early Stage

29,727,000

Later Stage
Early Stage

$
$

47,500,000
45,000,000

Tizona Therapeutics

South San
Francisco

Startup/Seed

43,000,000

Twist Bioscience

San
Francisco

Early Stage

61,047,000

Unchained Labs
BUSINESS
SERVICES

Pleasanton

Early Stage

25,000,000

Pliant Therapeutics
Purigen Biosystems-1
ReSet Therapeutics
SFJ Pharmaceuticals
Spirox

Therapeutics to address
conditions of intellectual
disability
Undisclosed Firm, Pejman Mar
Non-invasive cancer
Ventures, Lightspeed Management genomic sequencing
Co., Heritage Group, OrbiMed
Advisors, Sequoia Capital, Khosla
Ventures, Formation 8 Partners
Third Point Ventures, Undisclosed Life sciences company
Firm
New Enterprise Associates, Vivo Medical technology
Capital, Versant Ventures,.
company
Third Rock Ventures
Biotechnology company
5AM Ventures, Undisclosed Firm Life science tools start-up
company
Undisclosed Firm
Therapeutics for metabolic
disorders and narcolepsy
Undisclosed Firm, Undisclosed
Pharmaceutical company
Firm
Venrock, HealthQuest Capital,
Minimally invasive
Aisling Capital, Aperture Venture technologies
Partners, Kohlberg Kravis Roberts
& Co., Undisclosed Firm
Amgen, Abingworth Management, Treatments for cancer and
InterWest Partners, Astellas
autoimmune diseases
Venture Management, Canaan
Partners, MPM Capital,
Lightstone
Ventures
Paladin
Capital
Management, Tao Dna production and drug
Capital Partners, Undisclosed
development
Firm, WuXi Healthcare Ventures,
Merieux Developpement SAS,
Undisclosed Firm, Undisclosed
Firm, Undisclosed Firm, Foresite
Capital Management, Applied
Ventures, Arch Venture Partners,
Undisclosed Firm, Undisclosed
Firm Partners, Undisclosed
Canaan
Cool biologics tools
Firm
company

0000002

Name

City

MoneyTree Stage

Amount

App Annie

San
Francisco

Expansion

Aria Systems

San
Francisco

Later Stage

Bluevine Capital

Palo Alto

Early Stage

Euclid Analytics.

San
Francisco

Expansion

MapD Technologies

San
Francisco
San
Francisco

Early Stage

Early Stage

Quantifind

Menlo Park

Expansion

RealtyShares

San
Francisco
Oakland

Expansion

Later Stage

Patreon

Renew Financial

Investors

Business Description (edited)

63,000,000 Institutional Venture Partners,

Greenspring Associates,
e.ventures, Sequoia Capital,
50,000,000 Greycroft
RembrandtPartners
Venture Management,
Madison Bay Capital Partners,
Hummer Winblad Venture Partner,
Undisclosed Firm, Bain Capital,
Venrock, Hercules Capital,
InterWest Partners
25,000,000 Menlo Ventures, Rakuten
Ventures, Lightspeed Management
Co., Correlation Ventures,
Greylock Israel Global
19,999,800 Management
New Enterprise Associates,.,
Harrison Metal Capital, Cox
Enterprises, Benchmark Capital
Management Gesellschaft MBH
In Liqu, Undisclosed Firm,
Groupe Arnault SAS
12,105,000 Verizon Ventures, Vanedge
Capital, Undisclosed Firm
30,000,000 Index Ventures, Charles River
Ventures, Allen & Co., Thrive
Capital Partners, Accomplice,
Freestyle Capital
30,050,000 Comcast Ventures, Cathay Capital
Private Equity SAS, Iris Capital
Management SAS, AME Cloud
Ventures, Redpoint Ventures, U.S.
Venture Partners
20,000,100 General Catalyst Partners, Union
Square Ventures, Menlo Ventures
21,793,200 Undisclosed Firm, Angeleno
Group Investors, Prelude Ventures,
NGEN Partners, Apollo
Management, CLAREMONT
CREEK VENTURES

0000003

Application store analytics

and market intelligence
company
On-demand billing
solutions

Online working capital

financing to small
businesses
Location analytics

Big data analytics and

visualization platform
Subscription-based funding
site for artists

Platform called signum

Real estate crowd funding

platform
Clean energy finance
company

Science Exchange

Palo Alto

Expansion

Signifyd

San Jose

Expansion

Tapjoy Mobile

San
Francisco

Later Stage

Thrive Network

San
Francisco
Mountain
View
San
Francisco

Expansion

Later Stage
Expansion

UserTesting
ZenPayroll
CONSUMER
GOODS/SERVICES
Name

City

Online marketplace for

science experiments

25,000,200 Index Ventures, Y Combinator,

Undisclosed Firm, Union Square
Ventures, Maverick Capital,
Undisclosed Firm
19,999,800 Allegis Capital, Undisclosed Firm,
Menlo Ventures, IA Ventures,
QED Investors, Undisclosed Firm
29,994,000 North Bridge Venture Partners,
Undisclosed Firm, Rho Capital
Partners
16,613,900 Mayfield Fund, Undisclosed Firm,
Softtech VC, Stanford University
27,300,000 Undisclosed Firm

44,500,000 Undisclosed Firm

Online payroll software

MoneyTree Stage

Amount

Checkr

San
Francisco

Early Stage

Deliv

Menlo Park

Expansion

DoorDash

San
Francisco

Early Stage

June Life-1

San
Francisco

Early Stage

OpenDoor Labs

San
Francisco

Early Stage

Investors

Risk and fraud prevention

platform
Distribution services for
social and mobile
applications
Information technology (it)
solutions for businesses
Testing platform

Business Description (edited)

39,999,900 Institutional Venture Partners, Y Software solution for

Combinator, Accel Partners & Co. background screening and
verifications
25,052,700 Upfront Ventures, Undisclosed
Crowd-sourced same-day
Firm, Simon Venture Group,
delivery service for
PivotNorth Capital, RPM Ventures multichannel retailers
Management, Undisclosed Firm,
UPS Strategic Enterprise Fund
127,000,000 Sequoia Capital, Undisclosed
Delivery service and
Firm, Khosla Ventures, Kleiner
technology company
Perkins Caufield & Byers, Y
Combinator
22,500,000 Lerer
Ventures II, Eclipse
Appliance company
Ventures, Promus Ventures,
Foundry, Vaizra Investments,
Sound Ventures, Lumia Capital,
Round
Capital
76,660,000 First
Access
Venture
Partners, GGV
Online home-selling service
Capital, Undisclosed Firm, Silicon
Valley Bancventures, Khosla
Ventures

0000004

Roku

Los Gatos

Later Stage

45,500,000 Undisclosed Firm

Wavefront-1

Palo Alto

Early Stage

11,500,000 Sequoia Capital

Yanka Industries-1

San
Francisco

Early Stage

YourMechanic

Palo Alto

Expansion

15,000,300 Undisclosed Firm, Advancit

Capital, Novel TMT Ventures,
Bloomberg, Undisclosed Firm,
WME Venture Capital, New
24,000,000 Enterprise
Data Point Associates
Capital, SAIC Venture Auto repair and
Capital, Verizon Ventures,
maintenance services
Undisclosed Firm, Undisclosed
Firm, Silicon Valley Bancventures,
Lerer Ventures II, Andreessen
Horowitz, Promus Ventures,
Softbank Capital Partners Co.

NETWORKING/TEL
ECOMMUNICATION
S
Name

City

MoneyTree Stage

Amount

Kumu Networks

Sunnyvale

Expansion

Velocloud Networks

Mountain
View

Expansion

Virtual Instruments

San Jose

Later Stage

ENERGY/INDUSTRI
AL
Name
Airware

City
San
Francisco

MoneyTree Stage
Expansion

Business Description (edited)

24,999,800 Undisclosed Firm, New Enterprise

Associates,., Verizon Ventures,
Khosla Ventures, Deutsche
Telekom AG, Third Point
Ventures, Swisscom AG
27,000,000 Cisco Investments, New
Enterprise Associates,., Venrock,
Undisclosed Firm, March Capital
GPGlobal Ventures, Azure
20,000,000 Partners
Benhamou
Capital Partners, Kinetic Ventures,
HighBAR Ventures

Amount
$

Investors

Stream online content on

television sets
Real-time analytics for
digital business
Online education platform,
masterclass

Investors

Wireless systems

Cloud-delivered wide area

network
Infrastructure performance
management (ipm)
solutions

Business Description (edited)

30,000,000 Undisclosed Firm, Next World

Operating system for
Capital, Andreessen Horowitz,
commercial drones
Kleiner Perkins Caufield & Byers

0000005

Enlighted

Sunnyvale

Expansion

Powerhive-1

Berkeley

Expansion

Savioke

Santa Clara

Early Stage

Siluria Technologies

San
Francisco
San
Francisco
San
Francisco

Later Stage

Expansion
Expansion

$
$

Smart Wires
Sunverge Energy

SEMICONDUCTORS
Name
Avalanche Technology
SOFTWARE
Name
After School-1

City
Fremont

City

MoneyTree Stage
Later Stage

Amount
$

MoneyTree Stage
Early Stage

Expansion

AsaNA

San
Francisco

Expansion

Betterworks

Redwood
City

Expansion

Investors

Internet of things solutions

for commercial buildings
Solar microgrid solutions in
emerging markets

Autonomous robot helpers

for the services industry
Fuels and chemicals made
from natural gas
Grid optimization solutions
Distributed energy
management systems

Business Description (edited)

23,000,000 VTB Kapital AO, Thomvest

Memory technology
Ventures, Rogers Ventures, Vulcan company
Capital Group
Amount

San
Francisco
San
Francisco

AlphaSense-1

25,000,000 Tao Capital Partners, Kleiner

Perkins Caufield & Byers, Draper
Fisher Jurvetson, Rockport Capital
19,999,800 Partners
Caterpillar Venture Capital,
Prelude Ventures, Undisclosed
Firm, TAO Venture Capital
Partners, Pi Kapital, Total Energy
Ventures International SAS
15,000,000 Northern Light Venture Capital
Development, EDB Investments
Pte, Intel Capital
25,742,000 Kleiner Perkins Caufield & Byers,
Undisclosed Firm
20,000,000 Undisclosed Firm
36,500,000 SOFTBANK China Venture
Capital, Total Energy Ventures
International SAS, Siemens
Venture Capital GmbH,
Undisclosed Firm

Investors

Business Description (edited)

16,400,100 Cowboy Capital, Accomplice,

Undisclosed Firm, Undisclosed
33,000,000 Firm
Tribeca Venture Partners, Soros
Strategic Partners, Undisclosed
Firm, Triangle Peak Partners
50,000,300 Undisclosed Firm, Founders Fund,
8VC, Undisclosed Firm,
VegasTechFund
20,000,000 Emergence Capital Partners,
Undisclosed Firm, Kleiner Perkins
Caufield & Byers, 8VC,
Correlation Ventures

0000006

Social networking app

Financial search engine

Enterprise focused
collaboration software
Business platform for
employee perks program

Big Switch Networks

Mountain
View

Expansion

Blend Labs-1

San
Francisco

Expansion

Bloomreach

Mountain
View

Expansion

Boomerang Commerce Mountain

View
Branch Metrics
Palo Alto

Expansion

Expansion

Bromium

Cupertino

Expansion

Captricity

Oakland

Expansion

Cldrdr

Mountain
View

Expansion

Degreed

San
Francisco

Expansion

Evident.io
Five Stars Loyalty

Dublin
San
Francisco

Early Stage
Expansion

$
$

48,500,200 Undisclosed Firm, CID Group,

Undisclosed Firm, Silver Lake
Partners, Index Ventures, Redpoint
Ventures, Khosla Ventures, MSD
Capital, Morgenthaler Ventures
39,999,900 Lightspeed Management Co.,
Founders Fund, Formation 8
Partners
56,000,000 New Enterprise Associates,.,
Lightspeed Management Co.,
Salesforce Ventures, Battery
Ventures, Bain Capital Venture
Partners
12,000,000 Shasta Ventures, Trinity Ventures,
Madrona Venture Group
34,654,200 Cowboy Capital, Madrona Venture
Group, Founders Fund, Pejman
Mar Ventures, New Enterprise
Associates, Undisclosed Firm
40,000,100 Intel Capital, Andreessen
Horowitz, Lightspeed
Management Co., Meritech
Capital Partners, Silver Lake
Partners, Highland Capital
Partners,
Ignition
Partners
35,000,000 Atlas
Venture,
Social+Capital
Partnership, Undisclosed Firm
12,000,000 Industry Ventures, Undisclosed
Firm, RINCON VENTURE
PARTNERS, Bessemer Venture
21,000,000 Partners
Undisclosed Firm, Signal Peak
Ventures, Jump Capital,
Undisclosed Firm, Rethink
15,700,000 Education
Venrock, True Ventures
50,000,000 Doll Capital Management,
Lightspeed Management Co.,
Menlo Ventures, HarbourVest
Partners

0000007

Networking technology

Platform that integrates

with data sources
Data marketing applications

Analytics software for

retailers
Software company

Endpoint security products

Cloud software company

Quality assurance (qa)-as-aservice application program
interface
Community learning portal

Cloud security
Customer loyalty card and
web platform

Gauss Surgical

Los Altos

Expansion

12,595,800 Providence Ventures, Jump

Capital, StartX, Promus Ventures,
Summation Health Ventures,
Undisclosed Firm
15,000,000 Almaz Capital Partners,
Undisclosed Firm, ru-Net
Ventures, Undisclosed Firm
19,000,000 Atlantic Bridge, Acero Capital,
GGV Capital, ONSET Ventures

GridGain Systems

Foster City

Later Stage

Gridstore

Mountain
View

Expansion

Hammer and Chisel

Burlingame

Expansion

Hotchalk

Campbell

Later Stage

20,000,000 Benchmark Capital Management

Gesellschaft MBH In Liqu,
Undisclosed Firm, Greylock
Partners, Tencent Collaboration
Fund
83,103,000 Undisclosed Firm

Jfrog

Santa Clara

Expansion

49,999,800

Jitterbit-1

Alameda

Later Stage

20,000,000

Lever

San
Francisco

Expansion

19,100,000

LiveAction

Palo Alto

Later Stage

32,886,000

Looker Data Sciences

Santa Cruz

Expansion

48,000,000

LYFT

San
Francisco

Later Stage

$ 1,000,000,000

Mobile vision platform for

the operating room

Enterprise-grade inmemory data fabric

Optimized storage solutions
for windows servers and
hyper-v
Gaming company

Web 20 community
platforms to educational
institutions
Vintage Venture Partners Iv
Open source software
(Cayman), Qumra Capital Israel I, distribution tools
Battery Ventures, Undisclosed
Firm, Sapphire Ventures, Scale
Venture Partners
Kohlberg Kravis Roberts & Co.
Data and application
integration
platform/software
Scale Venture Partners, Index
Recruitment software to
Ventures, Correlation Ventures,
companies
Matrix Partners, Undisclosed Firm
Insight Venture Partners,
Software company
Accelerate-IT Ventures
Management, Cisco Investments,
Undisclosed
Firm
Kleiner
Perkins
Caufield & Byers, Business intelligence (bi)
Meritech Capital Partners,
software company
Sapphire Ventures, Undisclosed
Firm, Redpoint Ventures
Undisclosed Firm, Undisclosed
car-sharing application
Firm, Rakuten Ventures, Kingdom
Holding Co., Alibaba Capital
Partners, Undisclosed Firm

0000008

Malwarebytes

Santa Clara

Later Stage

50,000,000 Undisclosed Firm

Mercari

San
Francisco

Early Stage

Mercatus

San
Francisco

Expansion

Mesosphere

San
Francisco

Early Stage

Pavilion Data Systems- Sunnyvale

1

Startup/Seed

Prosperworks

San
Francisco

Expansion

73,970,400 Undisclosed Firm, Undisclosed

Firm, Global Brain, WiL, Globis
Capital Partners & Co.
11,700,000 Augment Ventures Fund I, Vision
Ridge Partners, Undisclosed Firm,
TPG Capital Management,
Undisclosed Firm
73,574,900 FUEL Capital, Andreessen
Horowitz, A Capital, Undisclosed
Firm, Triangle Peak Partners,
Khosla Ventures
15,000,000 Kleiner Perkins Caufield & Byers,
SK Telecom Ventures, Artiman
Management
12,495,000 Undisclosed Firm, True Ventures

Qubole

Mountain
View

Expansion

Reflektion

San Mateo

Expansion

Replay Technologies

Newark

Expansion

ScaleArc,.

Santa Clara

Expansion

Sight Machine

San
Francisco

Expansion

Malware prevention and

remediation solution
Resale shopping app

Solutions for the energy

finance industry

Open-source software
provider

Change inn data storage for

hyperscale computer
Cloud-based customer
relationship management
(crm) platform
Self-service platform

30,000,000 Lightspeed Management Co.,

Undisclosed Firm, Norwest
Venture Partners, Institutional
Venture Partners, Charles River
18,141,200 Ventures
Undisclosed Firm, Hasso Plattner Retail analytics company
Ventures Management GmbH,
Battery Ventures, Intel Capital
13,500,000 T-Venture Holding GmbH
Freed technology to create
video viewing experiences
20,000,000 Correlation Ventures, Bain
Database load balancing
Capital, Trinity Ventures,
software
Undisclosed Firm, Nexus Venture
Partners, Accel Partners & Co.
13,500,000 Undisclosed Firm, Undisclosed
Manufacturing analytics
Firm, Pritzker Group Venture
platform, sight machine
Capital, GE Ventures, O'Reilly
Alphatech Ventures, Jump Capital,
Mercury Partners Management

0000009

Skyport Systems

Mountain
View

Early Stage

Syapse

Palo Alto

Later Stage

ThousandEyes

San
Francisco
San
Francisco
San
Francisco

Expansion

Expansion
Expansion

$
$

Trustlook

San Jose

Early Stage

Uber Technologies

San
Francisco
Palo Alto

Expansion

Early Stage

Waterline Data Science Mountain

View

Early Stage

Xignite

San Mateo

Later Stage

Youappi

San
Francisco

Expansion

Zendrive

San
Francisco

Early Stage

ToyTalk
Trifacta

Vera Security

30,000,000 Northgate Capital, Intel Capital,

Cisco Investments, Sutter Hill
Ventures, Index Ventures,
Undisclosed Firm, Google
Ventures, Thomvest Ventures
19,500,000 Ascension Ventures, Safeguard
Scientifics, Social+Capital
Partnership
35,000,000 Sequoia Capital, Google Ventures,
Sutter Hill Ventures, Tenaya
13,573,000 Capital,.
Undisclosed Firm, True Ventures
35,000,000 Accel Partners & Co., Cathay
Capital Private Equity SAS,
Ignition Partners, Greylock
13,612,000 Partners
Undisclosed Firm
201,998,000 Undisclosed Firm, LetterOne
Technology SA
17,000,000 Sutter Hill Ventures, Amplify
Partners, Clear Venture Partners,
Battery Ventures
16,000,000 Partech International, Menlo
Ventures, Undisclosed Firm,
Jackson Square Ventures
20,000,000 Undisclosed Firm, StarVest
Partners, Altos Ventures, Startup
Capital Ventures
13,100,400 Altair Capital Management
GmbH, Undisclosed Firm, Emery
Capital, Glilot Capital Investments
GP, Flint Capital, Digital Future,
Global Brain, 2B Angels,
Firm
14,968,800 Undisclosed
Nyca Partners,
Undisclosed Firm,
Thomvest Ventures, Undisclosed
Firm, First Round Capital, BMW i
Ventures, Fontinalis Partners

00000010

Enterprise security
company

Precision medicine
software products
Performance management
platform for enterprises
Mobile applications
Data wrangling solutions

Nextgeneration mobile
security solutions
mobile application
Data security in enterprises,
it and end-users
Data marketplace platform
provider
Market data cloud solutions

Managed solution for

mobile brands

Technology that measures

and describes driver
behavior