Drop Closes $44 Million Series B Funding to Drive Continued Investment in Personalized Rewards

TORONTO, Aug. 22, 2019 /PRNewswire/ – Today, Drop — the personalized mobile rewards platform designed to help shoppers earn more on everyday purchases — announced a $44 million USD Series B investment to further its mission of rewarding consumers by delivering relevant deals right to their smartphones. This round, led by HOF Capital, also includes returning investors New Enterprise Associates (NEA),

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NVCA Member Spotlight: Sierra Ventures

NVCA speaks with Sierra Ventures Managing Director Ben Yu for their Member Spotlight Series. Ben shares what words describe Sierra Ventures, how the firm has changed over the years, and how we plan to grow in the future.   Read the story on NVCA.

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Sierra Ventures Raises $215M for 12th Fund

Fund Builds on Success of Previous Funds with “Patient Capital” Strategy SAN MATEO, Calif., July 18, 2019 /PRNewswire/ — Sierra Ventures, an early-stage technology focused venture capital firm, announced today that they have closed their twelfth investment fund, raising $215 million. This fund was oversubscribed and the prior fund’s institutional investors increased their commitment to the new fund. “We

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