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Education startup General Assembly lands $35M, tops 100,000 students

General Assembly has reeled in $35 million in fresh funding, money that the New York-based company will use to continue expansion of its unique educational community. The company also announced that more than 100,000 students have participated in the community to date. Maveron, the Seattle venture capital firm behind companies such as Zulily and Capella… Read More

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Maveron’s Dan Levitan to step down from Zulily board as stock soars to new heights

Early Zulily investor Dan Levitan, the Maveron co-founder and partner, will not seek re-election to the company’s board of directors, and will step down following its next annual shareholder meeting, the company said in a Form 8-K filing with the SEC today. Zulily also said that it appointed John Geschke, Zendesk’s General Counsel, to the board. “We are thankful to… Read More

Kristen Hamilton

Koru allies with 13 universities, looks to help grads find jobs

Seattle startup Koru, which charged on the scene last year with $4.45 million in funding from Maveron, Battery Ventures, First Round Capital and Andreessen Horowitz, is pushing ahead with its mission to help college grads land great jobs. The company, led by Onvia co-founder Kristen Hamilton and Josh Jarrett, who previously oversaw the higher education innovation efforts at the… Read More

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Maveron-backed Lemon Wallet sells to LifeLock for $50 million

Identity theft monitoring company LifeLock has purchased mobile wallet company Lemon Wallet — backed by Seattle-based venture capital firm Maveron — for $50 million, the company announced today. Lemon Wallet’s app has been discontinued and is now available as LifeLock Wallet on the iOS App Store and Google Play Store. Lemon Wallet’s mobile app served… Read More

Kristen Hamilton

Onvia co-founder raises $4.35M for Koru, helping college grads find impactful jobs

We’ve certainly seen a lot of activity in the online education arena in recent months, including large financing rounds for startups such as CreativeLive and Coursera. Now, here comes another startup that’s got a unique spin on things. Koru, which is announcing $4.35 million in funding from Maveron, Battery Ventures, First Round Capital and Andreessen Horowitz,… Read More

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Maveron leads $8M funding round for August, opening the door for its smart lock

Maveron, the Seattle-based venture capital firm, has led an $8 million Series A funding round for August, a home automation company co-founded by renowned designer Yves Behar and Jason Johnson, a serial entrepreneur and managing partner at Founders Den. August, based in San Francisco, is currently in the process of finishing production of the August… Read More

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Maveron-backed PotBelly fills tummy with spectacular IPO

Well, the sandwiches are delicious. But it’s not just meatball subs that’s getting Wall Street excited about PotBelly Sandwich Shop. Shares of the Chicago-based company soared in a stock market debut today, jumping more than 130 percent to $32.76. The stock priced at $14 per share, above the previously stated range. So, why might you ask… Read More

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Maveron-backed Potbelly Sandwich Shop files for $75M IPO

This IPO could be really yummy? Potbelly Sandwich Shop, a Chicago restaurant chain founded in 1977, has filed to raise up to $75 million in a public offering. The company is backed by Maveron, the Seattle venture capital firm led by Starbucks CEO Howard Schultz and former investment banker Dan Levitan. In fact, Maveron Equity Partners… Read More

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Google Ventures, Maveron and others bankroll crowdfunding platform CircleUp

Maveron, the Seattle venture capital firm led by Starbucks Chairman Howard Schultz and former investment banker Dan Levitan, has joined with Union Square Ventures, Google Ventures and Clayton Christensen’s Rose Park Advisors to bankroll crowdfunding startup CircleUp. The San Francisco company is bringing in $7.5 million in series A funding, described as the largest fundraising for an… Read More

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Cash-based payment platform PayNearMe lands funding from Maveron

PayNearMe, a cash-based payment platform based in Silicon Valley, just raised a $10 million Series D round from investors including Seattle-based Maveron. This is interesting to note because Maveron, the consumer tech-focused VC firm, is co-led by Starbucks CEO Howard Schultz. Back in August, Starbucks invested $25 million in Square, the well-known mobile payments company…. Read More

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Red Tricycle pedals ahead with $1.5M from Maveron and Zulily to help parents discover more family fun

Jacqui Boland started Red Tricycle in Seattle six years ago when she was pregnant with her son, creating an online city guide for new parents who wanted to discover restaurants, day trips, events and other activities for families. Today, Red Tricycle boasts nearly 400,000 email subscribers, attracting about a million page views per month to… Read More