norwest venture partners
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Online real estate service OpenDoor raises $210M Series D despite risky financing model
This afternoon, Norwest Venture Partners announced that it led a massive $210 million Series D investment round in OpenDoor. The startup is looking to expand the usage of its marketplace platform for buying and selling real estate to 10 cities with the new capital. OpenDoor is unique in that it owns its own inventory of homes. While the predictive analytics the company employs to project… Read More
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Zenoti raises $15 million for spa bookings
The spa industry is in need of a technology makeover and Zenoti thinks it can help. The Seattle-based startup is raising $15 million in a round led by Norwest Venture Partners to help salons run their businesses. A cloud-based management platform, Zenoti helps spa chains with everything from billing to inventory management. They aim to create a tailored enterprise software experience for what… Read More
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Who Lives And Dies In A Down Economy
The Bay Area is well-acquainted with boom and bust cycles, and while it’s too soon to declare that the tech economy has turned, recruiters see early indicators that it’s happening. Indeed, a handful of job placement executives confirms what recent headlines about layoffs already imply: The market is softening for numerous sectors of the startup world, as well as at publicly… Read More
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Stealth Cybersecurity Startup Fireglass Grabs $20M In Series A
As more and more companies fall victim to security breaches and substantial (and embarrassing) data leaks, cybersecurity startups seem to be profiting at their expense. Cybersecurity companies helping companies not get caught with their pants down raised over $3.3 billion in 2015. The latest firm to join the cash grab is Fireglass, a stealth company that is looking to announce its first… Read More
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Palerra Snags $17M To Automate Cloud Security
Palerra, a cloud security startup, announced $17M in funding today as it continues to build its cloud security automation business. The round was led by new investors August Capital with current investors Norwest Venture Partners (NVP), Wing Venture Capital and Engineering Capital also participating. Today’s money brings the total investment to $25M. The cloud service was founded in… Read More
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