Series A
San Francisco-based CircleCI, which deploys Continuous Integration and Continuous Delivery tech, announced it had secured a $6 million Series A investment led by Draper Fisher Jurvetson. The company received $1.5 million in seed funding last February from investors including Baseline Ventures, Harrison Metal, SV Angel, and 500 Startups. CircleCI serves notable customers such as Kickstarter, Red Bull and Stripe.
Funding
PubMatic, which operates in the programmatic advertising space, received $13 million in funding led by Nokia Growth Partners last year. August Capital, Nexus Venture Partners, Helion Ventures and Draper Fisher Jurvetson have also invested in the Redwood City, CA company. According to data from IDC, the market for programmatic spending in the United States will swell to $14.4 billion in 2017.
M&A
OpenTable bought Ness Computing, Inc., a Los Altos-based restaurant recommendation company. The deal came to roughly $17.2 million in cash, “or $11.3 million net of estimated Ness cash,” according to a release. OpenTable diners have dropped upwards of $20 billion at partner restaurants, the company said on its website.
Professional social network LinkedIn acquired San Francisco-based Bright, a job-search platform that shows users their compatibility with positions via the Bright Score. The deal, which is anticipated to close in Q1 2014, ran LinkedIn roughly $120 million, comprising about 73 percent stock and around 27 percent cash.