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Mitch Lasky, who led Benchmark's cash infusion, said he first heard about the app from his 16-year-old daughter.
Minted, design community and e-commerce site for stationery and cards, has raised $5.5 million in Series B funding led Benchmark Capital, with IDG Ventures, Menlo Ventures, Marissa Mayer and Jeremy Stoppelman participating.
Perennial Midas Lister Bill Gurley is the longest-serving active partner at Benchmark, the famed venture capital firm behind companies like Snapchat, Twitter and Uber, where Gurley sits on the board and led Benchmark's Series A investment in 2011.
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To do that, Timescale has raised $12.4 million in a new round of financing led by Benchmark Capital, with NEA and Two Sigma Ventures participating, with Benchmark's Peter Fenton joining the startup's board of directors.
In February Instagram raised a $7 million round in funding led by Benchmark Capital.
The other group, led by Benchmark, was pushing for Whitman, with whom the venture-capital firm had a long relationship.
Mint.com, an online personal-finance organizer, was expected Wednesday to announce a $12 million round of venture funding led by Benchmark Capital.
Twitter raised $35+ million earlier this year in a round led by Benchmark Capital and Institutional Venture Partners.
Israel-based Zlango will announce a $12 million round of financing tomorrow, led by BenchMark Capital and Accel Partners.
Internet stocks continued to fall dramatically, led by benchmark stocks such as Yahoo! and Amazon.com.
However, Internet stocks continued to fall dramatically, led by benchmark stocks such as Yahoo! and Amazon.com.
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