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15Five Lands $8M To Expand Use of Its Coaching Software for Managers

Xconomy

San Francisco-based performance management startup 15Five , whose mission is to torpedo annual performance reviews for workers and replace them with supportive weekly coaching by managers, announced today it raised $8 million in a Series A funding round.

Coach 54
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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

According to the SEC we’re not allowed to market the fact that we’re fund raising, so I won’t. But for some strange reason they make you file your progress on fund raising, which is the widely picked up by the press. So it is now publicly known that we have closed $150 million in our 4th fund.

Blogging 420
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Brian Garrett, Crosscut Ventures, On Mental Health And Investing In Founders

socalTECH

This week, Los Angeles-based Crosscut Ventures announced a brand new effort to provide health and wellness to the founders of companies it invests in, helping those founders with well being, mental health, stress management, coaching, and leadership development. Any lessons you have learned now that you're now on your fourth fund?

Invest 113
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Open Angel Forum San Fran – Team Calacanis Raises the Bar

Both Sides of the Table

I know of at least 2 deals from that cohort that are either funded ( Backupify ) or nearly funded (can’t really disclose, I’m not sure if it’s yet closed and/or announced. Jason & Tyler brought forward 5 high quality companies and super high quality ones rose to the top and quickly got funded.

Angel 254
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How Boards Need to Evolve Over Time

Both Sides of the Table

Planning and dealing with extra-ordinary events: M&A, fund raising, crises. Selling tons of “shelfware” (customers who buy but don’t use your software) and thus having bad customer references. Offering a sparring-partner function on strategic decisions. Reviewing financial & operational performance.

Startup 325
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TakeLessons CEO Discusses Chromatik Buyout, Why it’s a Good Fit

Xconomy

TakeLessons also acquired Chicago-based Betterfly, which offered online vocational classes, DIY projects, and self-improvement courses like public speaking and personal life coaching. Now TakeLessons has completed another acquisition, buying Chromatik, a Santa Monica, CA-based provider of digital sheet music.

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SmartDrive Raises Capital, Rolls Out Distracted Driving Technology

Xconomy

The telematic technology is intended to help fleet managers reduce risk by coaching operators to be safer drivers. SmartDrive, founded in 2004, specializes in dashboard video cameras and related analytic technology to identify dangerous driving behavior.