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Justin Caldbeck: I can’t think of a buzzier phrase in the tech industry these days than “growth hacking,” and in some ways I also can’t think of a more dangerous trend to glom onto. Sure, growth is good. But only if it’s real growth.

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Origami Logic, the developer of marketing intelligence solutions, today announced that it raised $15 million in Series B financing, bringing total investment in the company to $24.3 million.

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Nutanix today announced that it has closed its $101 million Series D financing co-led by Riverwood Capital and SAP Ventures. Morgan Stanley Expansion Capital and Greenspring Associates also participated in the round as new investors, joining existing investors Lightspeed Venture Partners, Khosla Ventures and Battery Ventures in the largest single financing round in the history of the converged infrastructure market.

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Congratulations to Tony Fadell, Matt Rogers and the world class team at Nest! Today Nest announced that it has agreed to be acquired by Google. As investors in the company since the early days, we here at Lightspeed have been honored to be a partner of Nest. Nest is a very special company with a truly exceptional team… a VC’s dream. We are thrilled to see Nest have an opportunity to further accelerate its business as part of Google.

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Google Inc.’s acquisition of Nest Labs Inc., a maker of Internet-connected thermostats, for $3.2 billion is blockbuster territory for the venture capital investors who have backed the Palo Alto, Calif., company since its 2010 founding. “It’s a fantastic return,” said Peter Nieh, partner at Lightspeed Venture Partners, an investor in Nest.

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Jeremy Liew of Lightspeed Venture Partners –the first investor in popular photo messaging application Snapchat, told CNBC he was excited about Whisper’s incredible growth. Liew invested $3 million in Whisper in April this year. “Three billion page views a month is a shockingly big number for a company only 18 months old,” Liew told CNBC.

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Yesterday Facebook made a change to its newsfeed algorithm, promoting high quality content and deprecating [fancy word for de-emphasizing] low quality content and meme photos. What will this mean for the new generation of content sites who have fed entirely off of social sharing?

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MapR Technologies announced the appointment of Dan Atler as Chief Financial Officer. Atler brings over 20 years of executive leadership experience in public markets, mergers and acquisitions, and multinational operations, including managing three companies through successful IPOs.

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The cyber-currency was at the center of a Senate panel hearing Monday. Senators are looking into the way Bitcoin was used by the illegal drug marketplace that called itself Silk Road. But even with the scrutiny, Bitcoin investors drove the virtual currency to record highs.

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Chinese Bitcoin exchange, BTC China – the world’s largest by trading volume according to Bitcoinity.org – has closed a $5 million Series A from institutional investors Lightspeed China Partners and Lightspeed Venture Partners. BTC China was bootstrapped prior to this round, with money put in by its three co-founders, Bobby Lee, Linke Yang, and Xiaoyu Huang.

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