Leanplum started out as a mobile A/B testing platform but has since built on this foundation to become a fully-fledged mobile marketing platform. The company has now raised a $29 million Series C round led by Canaan Partners with participation from existing investors Kleiner Perkins Caufield & Byers and Shasta Ventures. 238 more words
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Start-up fundraising is hard. Despite ubiquitous headlines about unicorn valuations and how it’s never been easier to raise money in Silicon Valley, the process of raising capital can be gruelling, unpredictable, and non-transparent. 3,311 more words
Thomas Perkins, who co-founded venture capital firm Kleiner Perkins Caufield & Byers, has died of natural causes. He was 84 years old.
Before becoming an investor, Perkins founded a laser company called University Labs, and was the first general manager of Hewlett-Packard’s computer division. 315 more words