TechTaffy

tech:

taffy

Mayfield Fund Closes $365M Venture Capital Fund

By TechTaffy Desk

[Techtaffy Newsdesk]

Mayfield Fund has closed Mayfield XIV, a $365 million venture capital fund aimed at early-stage IT companies focusing on mobile, cloud/SaaS, social, energytech, and big data. Mayfield XIV will be led by Navin Chaddha, along with directors Tim Chang, Robin Vasan, Rajeev Batra, and James Beck, Chief Operating Officer.

Mayfield Fund’s active portfolios include Appcelerator, Branchout, Couchbase, Gigya, Marketo, Solarcity, and StorSimple, among other companies. Started in 1969, Mayfield Fund is a global venture capital firm with over $3 billion under management.

Just in

Seed

Oso Semiconductor raises $5.2M

Oso Semiconductor has raised $5.2 million in seed funding. The round was led by Engine Ventures.
People

Battelle appoints Tim Ryan to board of directors

Battelle has elected Tim Ryan, Citi’s Head of Technology and Business Enablement, to its board of directors.
Around the web

OpenAI launches ChatGPT Gov for U.S. government agencies — CNBC

It’s called ChatGPT Gov and was built specifically for U.S. government use; writes Hayden Field. 
Around the web

DeepSeek’s popular AI app is explicitly sending US data to China — Wired

Users have already reported several examples of DeepSeek censoring content that is critical of China or its policies, writes Matt Burgess and Lily Hay Newman. 
Around the web

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations — CNBC

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services; writes Hayden Field.