A new investment by Kleiner Perkins Caufield & Byers is a 30-year-old energy-efficiency company with 200 employees, Yuliya Chernova reports for Dow Jones VentureWire. Kleiner Perkins invested an undisclosed amount of funding from its Green Growth Fund to take a minority stake in Cenergistic Inc. Ben Kortlang, a partner with Kleiner Perkins’s Green Growth Fund, said the company has a lot going for it, namely the ability to sign up customers. That is a skill that many energy-efficiency technology startups lack. “We saw how successful they were at implementing energy savings, where pure technology models have not been succeeding,” Mr. Kortlang said. Cenergistic has more than 1,400 schools, colleges, hospitals, churches and other customers.
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Amplyx Pharmaceuticals Inc., an antifungal-drug developer led by former Lumena Pharmaceuticals Inc. Chief Executive Mike Grey, has raised $40 million. Lumena RiverVest Venture Partners led the round for Amplyx, which also included Lumena investor New Enterprise Associates. BioMed Ventures and individual investors also participated.
Fiverr Inc., a company that aspires to become the go-to store for digital services of every kind, has raised $60 million in a Series D round of venture funding. Square Peg Capital in Australia led the investment joined by Fiverr’s earlier backers Bessemer Venture Partners, Accel Partners and Qumra Capital.
Eyefluence Inc. emerged Wednesday with $14 million in new funding and technology that lets users control various devices with their eyes. The Series B round was led by Motorola Solutions Venture Capital. Other investors include Dolby Family Ventures, Intel Capital, Jazz Venture Partners and NHN Investment.
CircleUpNetwork Inc., a startup that connects accredited investors with stakes in consumer goods and retail businesses, has raised a $30 million Series C round of venture funding led by the Collaborative Fund. Other investors in the round included QED, a fund run by Capital One co-founder Nigel Morris and other former Capital One executives; Jon Winkelried, co-CEO of private equity giant TPG Capital; former Stanford Endowment Chief John Powers; Tom Glocer, the former CEO of Thomson Reuters and a current director with Morgan Stanley .
HotelTonight Inc., whose app offers last-minute deals on hotels, has laid off 37 employees. The startup let go 20% of its staff in efforts to streamline the business as it aims for profitability next year, company co-founder and CEO Sam Shank said in a statement.
Megan Quinn, a former partner at Kleiner Perkins Caufield & Byers, has been hired by Spark Capital as a general partner. Ms. Quinn, who posted the move to Spark on blogging platform Medium, had left Kleiner Perkins in June.
(VentureWire is a daily newsletter with comprehensive analysis of all the investments, deals and personnel moves involving startups and their venture backers. For a two-week trial, visit http://on.wsj.com/DJPEVCNews, scroll to the bottom and click “try for free.”)
ELSEWHERE AROUND THE WEB:
N.Y. Attorney General Tells Daily Fantasy Sports Companies to Cease Operations in the State. Daily fantasy sports sites, already under fire from a federal criminal probe and state regulators, have been told to cease operation by New York Attorney General Eric Schneiderman. The daily fantasy sports sector is dominated by Fan Duel Inc. and DraftKings Inc., both of which have been valued by investors at more than $1 billion.
Fidelity Marks Down Value of Snapchat Stake by 25%. Mutual-fund investor Fidelity Investments reduced the estimated value of its stake in Snapchat Inc. by 25% in September, The Wall Street Journal’s Douglas MacMillan and Kirsten Grind report. The reduction, which was filed in regulatory paperwork, is the latest write-down of a company that is valued by private investors at $1 billion or more. BlackRock Inc. earlier this year cut Dropbox Inc.‘s per-share value by 24%.
Israel’s Cymmetria, Which Deceives Hackers, Raises $9 Million. Cybersecurity startup Cymmetria Inc., an Israeli startup whose software lures hackers into cybertraps within organizations’ networks, has raised around $9 million, the WSJ’s Orr Hirshauge reports. Sherpa Ventures led the funding round.