Kleiner Perkins

Ransomware defense company Mimic emerges from stealth, announces $27M seed round from Ballistic, Menlo, Team8, Wing, and Shield

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星期四, 五月 2, 2024

PALO ALTO, Calif., May 2, 2024 /PRNewswire/ -- Mimic, the ransomware defense company, announced today that it has emerged from stealth and that it has secured a seed round of funding of $27 million led by Ballistic Ventures, with investment from Menlo Ventures, Team8, Wing Venture Capital and Shield Capital.

Key Points: 
  • Mimic, the ransomware defense company, announced today that it has emerged from stealth.
  • "Mimic's SaaS platform provides enterprises with detection, deflection, and rapid recovery from ransomware attacks," said Derek Smith, Mimic CEO.
  • Mimic is the last line of defense, working in concert with our customers' other controls.
  • "Ransomware is the highest priority problem for all CISOs in the Fortune 500 and Global 2000," said Schlein.

Sandeep Nailwal-Backed Nailwal Fellowship Concludes First Cohort with Founders Raising from T1 Funds and Joining Top Accelerators

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星期一, 四月 15, 2024

Speaking on the success of the first cohort, Nailwal remarked, "I have been so impressed with the success of this inaugural cohort.

Key Points: 
  • Speaking on the success of the first cohort, Nailwal remarked, "I have been so impressed with the success of this inaugural cohort.
  • With our next cohort, I’m so excited to continue supporting exceptional talent who are ready to explore the vast possibilities within blockchain."
  • Shashank Yadav founded Fraction AI which aims to democratize high-quality data for AI models, revolutionizing data accessibility with a decentralized approach.
  • Recently, Meyer and the Collar team were accepted into the Spring 2024 cohort for a16z’s Crypto Startup Accelerator in London.

Ballistic Ventures Closes $360 Million Oversubscribed Fund II to Fuel the Next Generation of Cybersecurity Innovation

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星期四, 三月 14, 2024

SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Ballistic Ventures today announced the close of its oversubscribed $360 million second fund.

Key Points: 
  • SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Ballistic Ventures today announced the close of its oversubscribed $360 million second fund.
  • Fund II for Ballistic Ventures reinforces its commitment to exclusively fund and incubate entrepreneurs and innovations shaping the future of our cybersecurity.
  • Ballistic Ventures closes its oversubscribed $360M second fund.
  • In a sector with promising tailwinds, Ballistic Ventures is set apart by the expertise of its team.

Connect Biopharma Appoints Industry Veteran James Huang to Board of Directors

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星期一, 二月 12, 2024

James Huang is the Founder and Managing Partner of Panacea Venture, a significant shareholder of the Company.

Key Points: 
  • James Huang is the Founder and Managing Partner of Panacea Venture, a significant shareholder of the Company.
  • “We are thrilled to welcome James to Connect’s Board of Directors,” said Wubin (Bill) Pan, Ph.D., M.B.A., Co-Founder, President, and Chairman of the Board of Connect Biopharma.
  • “His breadth of biotech and investment experience, coupled with his passion for innovative and transformative life science companies will provide our Board with a unique perspective.
  • Additionally, Mr. Huang serves as a director on the board of directors of a number of companies, including Kindstar Global, TacTiva Therapeutics, TriArm Therapeutics, Chime Biologics, Eos, GT Aperion, Domain, Asia Pacific Medical and XWPharma.

Ava Hahn Joins AMD as Senior Vice President, General Counsel and Corporate Secretary

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星期一, 一月 22, 2024

SANTA CLARA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Ava Hahn has joined the company as senior vice president, general counsel and corporate secretary, replacing Harry Wolin who is retiring from AMD after 24 years.

Key Points: 
  • SANTA CLARA, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) today announced that Ava Hahn has joined the company as senior vice president, general counsel and corporate secretary, replacing Harry Wolin who is retiring from AMD after 24 years.
  • “I want to thank Harry for the role he has played leading our legal, government relations and public affairs teams during a period of significant growth and transformation,” said AMD Chair and CEO Dr. Lisa Su.
  • “I am excited to welcome Ava to AMD.
  • Prior to Lam, she led the legal functions at CA Technologies and Aruba Networks and served as general counsel for multiple technology and VC firms including Kleiner Perkins.

Carnegie Mellon Trustee Ray Lane and Stephanie Lane Invest $25 Million in CMU's Computational Biology Department

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星期一, 十一月 6, 2023

PITTSBURGH, Nov. 6, 2023 /PRNewswire/ -- Carnegie Mellon University Trustee Ray Lane and his wife, Stephanie, have invested $25 million in support of the university's boundary-breaking Computational Biology Department. The gift will establish an endowment to support the program's strategic priorities and provide the funding for its future home in the new Richard King Mellon Hall of Sciences

Key Points: 
  • PITTSBURGH, Nov. 6, 2023 /PRNewswire/ -- Carnegie Mellon University Trustee Ray Lane and his wife, Stephanie, have invested $25 million in support of the university's boundary-breaking Computational Biology Department.
  • In recognition of the couple's significant role in shaping computational biology at Carnegie Mellon, the university will name the department the Ray and Stephanie Lane Computational Biology Department.
  • "Ray and Stephanie Lane have been passionate advocates for the power and possibilities of computational biology since the department's formation," said CMU President Farnam Jahanian.
  • The Lanes made their initial investment in computational biology at CMU to establish the Ray and Stephanie Lane Professorship in Computational Biology, the Ray and Stephanie Lane Post-Doctoral Program in Computational Biology and the Raymond Lane Fellowship in Computational Biology.

JUSTPAID, AI-POWERED FINANCE COMPANY, OFFERS STATE-OF-THE-ART REVENUE MANAGEMENT FUNCTIONALITY

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星期一, 十月 2, 2023

NEW YORK, Oct. 2, 2023 /PRNewswire/ -- JustPaid , the AI-Powered Finance Company, just announced the launch of their fully automated, state-of-the-art revenue Management Functionality within the platform.

Key Points: 
  • NEW YORK, Oct. 2, 2023 /PRNewswire/ -- JustPaid , the AI-Powered Finance Company, just announced the launch of their fully automated, state-of-the-art revenue Management Functionality within the platform.
  • Once reviewed and approved, JustPaid will create an invoice with either simple itemized billing or more complex usage billing.
  • The handoff between Sales teams to Finance teams is inefficient and broken," says Anelya Grant, cofounder of JustPaid.io.
  • "With AI, JustPaid provides a solution whereby the technology is able to read and understand the contract, create an invoice, book revenue, report earnings and complete the revenue management cycle with collections."

Speakeasy Supercharges API Creation and Consumption and Closed $7.6 Million in Seed Funding Led by GV Last Month, Bringing the Total Raised to $11 Million

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星期四, 六月 29, 2023

API producers want to offer intuitive, friction-free API developer experiences but there aren’t existing out-of-the-box solutions on the market today.

Key Points: 
  • API producers want to offer intuitive, friction-free API developer experiences but there aren’t existing out-of-the-box solutions on the market today.
  • This results in poor developer experience for API consumers and low API usage.
  • Today Speakeasy is launching two products on its platform:
    Managed SDKs: Speakeasy manages the entire SDK creation workflow.
  • And API consumers love the high-quality, feature-rich SDKs that make integrations easy,“ said Simon Yu, co-founder and CPO at Speakeasy.

JUSTPAID, AI-POWERED FINANCE COMPANY, LAUNCHES TOOLS FOR SMALL BUSINESSES

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星期二, 六月 27, 2023

NEW YORK, June 27, 2023 /PRNewswire/ -- JustPaid, the AI-powered Finance Company, has recently launched its innovative suite of services after successfully raising $3.5M in a seed funding round. JustPaid specializes in providing SMBs with automated bill payment, contract validation, and real-time AI financial auditing solutions, gaining the support and interest of tech figures and reputable funds. Investors include Rebel Fund (Reddit cofounder Steve Huffman, Cruise co-founder Daniel Kan, Instacart cofounder Max Mullen, among others), Leah Culver (formerly building Twitter spaces), Arash Ferdowsi (former CTO/Dropbox cofounder), Jack Abraham (Founding Partner of Atomic), Mamoon Hamid (partner at Kleiner Perkins), Orange Collective, Decacorn Capital, Lab Capital Advisors and Y Combinator - to name a few.

Key Points: 
  • NEW YORK, June 27, 2023 /PRNewswire/ -- JustPaid , the AI-powered Finance Company, has recently launched its innovative suite of services after successfully raising $3.5M in a seed funding round.
  • JustPaid specializes in providing SMBs with automated bill payment, contract validation, and real-time AI financial auditing solutions, gaining the support and interest of tech figures and reputable funds.
  • "When founders have enough tools to understand their finances the company's employees will feel more secure," says co-founder Vinay Pinnaka.
  • The small and mid/large business market size for JustPaid's FinTech software is a $5B+ dollar market - with large parts of financial controllers' work being automated by AI.

TransVoyant, the Leader in Supply Chain Orchestration, Hires Powerhouse Supply Chain Executives Allison Fowler as Chief Product Officer and Charles Virden as Senior Vice President of Customer Growth

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星期二, 五月 23, 2023

Allison Fowler is the firm’s first Chief Product Officer and Charles Virden is the first Senior Vice President of Customer Growth.

Key Points: 
  • Allison Fowler is the firm’s first Chief Product Officer and Charles Virden is the first Senior Vice President of Customer Growth.
  • “Allison Fowler and Charles Virden have deep supply chain expertise, and we look forward to leveraging their experience as we continue to scale and expand our business."
  • Allison Fowler brings 15 years of supply chain and software experience, with specific expertise in leveraging optimization and simulation technologies to drive efficiencies throughout the entire supply chain.
  • As SVP of Customer Growth, Virden will be responsible for driving revenue growth and expanding the company's customer base.