Tom Siebel is the founder, CEO and chairman of C3 IoT, an IoT platform and applications company. During the 1980s Siebel worked and was an executive at Oracle. A serial entrepreneur, Siebel founded Siebel Systems in 1993 and sold it to Oracle for $5.8 billion in 2006. Breyer Capital invested in C3IoT this year. Read Tom Siebel’s full interview on Forbes.Read Full Story >
New Portfolio Company: GrammarlyWSJ.com, March 8, 2017
Startup Grammarly uses machine learning and artificial intelligence to help improve people’s writing, from basic spelling, grammar, and style to more advanced suggestions on tone and context-specific language.
The San Francisco company has been bootstrapped since its founding in 2009 but has now raised $110 million in its first institutional funding as it looks to expand and ramp up hiring. General Catalyst led the growth equity round with participation from Breyer Capital, IVP, SignalFire and Spark Capital.Read Full Story >
New Portfolio Company: C3 IoTBusinesswire.com, March 2, 2017
C3 IoT today announced a Series E financing round at a $1.4 billion pre-money valuation. Led by Breyer Capital, a global firm with investment interest in long term-oriented entrepreneurs and teams working in artificial intelligence (AI), the funds will be used to fuel C3 IoT’s growth by expanding its product footprint and customer service capacity globally.
“AI may be the most revolutionary and interesting investment theme in the next decade. C3 IoT is well positioned to become a leader in the large and rapidly growing enterprise AI, big data software market, and we look forward to being part of this success story.” – Jim Breyer, Founder and CEO, Breyer CapitalRead Full Story >
Kensho Valued At Over $500 Million After Landing Series B Round From Wall StreetForbes, February 28, 2017
Kensho’s insights are hardwired into some of the weightiest trading desks in the world, and are now available in a partnership with S&P Global. Daniel Nadler, 33, Kensho’s founder, tells Forbes exclusively the company has raised $50 million in a Series B funding round led by S&P Global, which values the three-and-a-half year-old startup at over $500 million.
Goldman led Kensho’s $15 million Series A round in 2014 and participated in the company’s latest round along with early venture capital investors such as General Catalyst and Breyer Capital.Read Full Story >
Heal plans nationwide expansion for doctor house calls on demandTech Crunch, February 22, 2017
Already a hit in the limited California regions that it serves, doctor-on-demand startup Heal is planning to take its house call service to more cities across the country. It has been only two years since Heal’s first doctor made the first house call on the service. Since then, the company has arranged 16,000 patient house call visits, and created more than $5.9 million in savings, the company claims.
Heal is working on becoming far more than simply an on-demand service for doctor visits. According to investor Jim Breyer, the founder of Breyer Capital, and former managing partner of Accel Partners, Heal’s roadmap includes significant investment in applied artificial intelligence to improve patient outcomes and drive down costs.Read Full Story >
Drone Maker Vantage Robotics Wins Richard Branson’s Extreme Tech ChallengeThe Drive, February 3, 2017
The second annual 2017 Extreme Tech Challenge (XTC) was a close competition. Out of 25 companies, three made it to the final round of Sir Richard Branson’s version of TechCrunch Disrupt, and only two votes separated the second place contender from the winner. In the end, compact aerial camera drone manufacturer Vantage Robotics took top honors.
Branson hosted the tech competition on his private isle, Becker Island, in the British Virgin Islands. In addition to the airline and entertainment mogul, judges included venture capitalist Jim Breyer, Aspect Ventures managing partner Theresia Gouw, Hillary for America campaign CTO Steph Hannon, iTutor Group COO Jerry Huang, and software entrepreneur Tom Siebel.Read Full Story >