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The company had previously raised $3.5M from Benchmark back in January of this year – so only 7 months ago.
Andy Rachleff, who co-founded the venture firm Benchmark back in 1995 and has more recently been leading the wealth management firm Wealthfront and teaching at Stanford, is widely sought for his startup advice.
She set the benchmark back in the 1990s and she continues to do so, without compromise.
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The guys at Benchmark backed Pierre Omidyar's eBay in 1997.
OpenTable, the now publicly traded company that Benchmark backed earlier on, also tackled anxiety head on, said Gurley.
Rumors are flying that a super-stealth BenchMark backed company called CircleOne (also known as p2pcredit) will be launching as soon as this weekend.
Fenton also started the first Nextdoor neighborhood in Russian Hill, and gave Tolia invaluable feedback on how to approach public vs. private feeds, and the asynchronous vs. synchronous follow model, which Fenton had intimate experience with in advising Twitter (Benchmark backed the company when it only had twenty-plus employees).
Enter Benchmark-backed Nextdoor, the next startup to throw its hat in the social network for neighborhoods ring.
Nirav Tolia, a former Benchmark EIR and the founder of Benchmark-backed Epinions, Fanbase and most recently, private social network for neighborhoods Nextdoor, says that its the firm's singular focus on early stage investing that makes Benchmark so unique.
While this is a large Series A round, BitGo faces a number of other really well-funded competitors like Andreessen Horowitz-backed Coinbase, Benchmark-backed Xapo and Accel-backed Circle, led by former Brightcove CEO Jeremy Allaire.
As for Academia.edu, it just crossed 5 million registered users, which makes them larger than competitors like Benchmark-backed ResearchGate and Mendeley, which was recently acquired by research giant Elsevier.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com