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Here’s more on those and other midweek venture deals in the Bay Area:
Funding:
• Silver Peak Systems Inc., Santa Clara, $90 million: Technology Crossover Ventures made this late stage investment in this 14-year-old provider of software-defined networking technology. (Read more here.)
• B-Stock Solutions Inc., Belmont, $65 million: Spectrum Equity provided a private-equity round of funding for this online auction platform for returned, excess and other liquidation inventory.
Unilever Aims High on Sustainability—and We’re Helping If you’re reading this, odds are you’ve used many of Unilever’s products over your lifetime. In fact, you’ve probably got at least a few of them living in your bathroom, pantry, or fridge…
While the matter of what to do with slow-moving and unsold consumer goods is a constant challenge for brands and retailers, it’s also a very common one. That’s why leaders from recommerce organizations like B-Stock are working to develop smart,…