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Capital Gains: DoorDash raised down, Peter Thiel raised even more

Founders Fund now manages more than $3 billion.

Todd Bernard

An on-demand delivery startup with a lot of funding raised a down round. Peter Thiel landed more than a billion dollars for his latest venture capital fund. Here are the headlines from the funding front in Silicon Valley this past week:

  • Peter Thiel’s Founders Fund, which has backed Facebook, Airbnb, Palantir, SpaceX and Lyft, raised a new $1.3 billion venture fund, bringing its total capital under management to more than $3 billion (Wall Street Journal).
  • Cloud computing startup Mesosphere, which reportedly turned down a $150 million buyout offer from Microsoft, scored a $73.5 million joint investment from HP Enterprise and Microsoft (Business Insider).
  • Josh James-led Domo, which offers a suite of cloud-based software services for corporations, added another $131 million to its Series D funding round from Credit Suisse and Canyon Capital Advisors. James says that an IPO is in the cards and that Domo kept its $2 billion valuation.
  • On-demand food delivery service DoorDash raised a new $127 million down round of funding at a valuation of $700 million. The company was previously trying to raise money at a $1 billion valuation. Sequoia Capital led the new round, and the Y Combinator Community Fund, Kleiner Perkins Caufield & Byers and Khosla Ventures participated. (Wall Street Journal).
  • Moat, which wants to make a universal metric for measuring the value of digital ads, raised $50 million in new funding led by Insight Venture Partners (Wall Street Journal).
  • Cyber security startup Bromium raised a new round of $40 million. The company’s investors include Andreessen Horowitz, Silver Lake, Intel Capital and Lightspeed Venture Partners. Bromium has raised $115 million in total (Silicon Valley Business Journal).
  • Background check and verification company Checkr raised $40 million in a round of funding led by the Y Combinator Community Fund, with investment from Accel Partners and Institutional Venture Partners. The round sets Checkr’s value in the $250 million to $300 million range (TechCrunch).
  • Convoy, a startup that makes software to connect available truck drivers with freight that needs to be moved, raised $16 million in a new round of funding led by Greylock Partners. Instagram CEO Kevin Systrom and top Amazon exec Jeff Wilke also participated (Seattle Times).
  • Sales data startup Mattermark raised $7.3 million in Series B funding in a round led by Foundry Group and investor Jon Hallett (VentureBeat).
  • Visionary VR, a startup that makes software for people creating virtual reality content, raised $6 million in a Series A round from DFJ, Greylock Partners, the Venture Reality Fund and BDM (Variety).

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