Updated: Nasty Gal just raised $16M

According to a recent SEC filing Thursday, women’s fashion company Nasty Gal just raised $12.7 million out of the $16 million it was gunning for. At first, the money appeared to have come from Index Ventures, since partner Danny Rimer was listed as a related person on the filing alongside founder Sophia Amoruso, CFO Bob Ross, and CEO Sheree Waterson.

After this story published, Nasty Gal put out a press release late Thursday night saying the company closed the full $16 million in Series C funding, and the round was lead by former Apple executive Ron Johnson with participation from Index. We’ve reached out to ask why the full amount wasn’t included on the SEC filing, and we’ll update this if we hear back.

This is a comparatively small amount for Nasty Gal, since its last round was a $40 million Series B, led by Index. Normally rounds get bigger as the company grows unless there’s trouble with the business and investors decrease their valuation expectations.

Nasty Gal has gone through a rough period as of late, reportedly laying off ten percent of its staff as the result of a steep decline in business. In January, the CEO and original founder Sophia Amoruso stepped down and let Chief Product Officer Sheree Waterson take the reins.

Nasty Gal’s leadership has been known for taking a cautious path, so it’s possible they didn’t want to raise any more money than absolutely necessary. Its last funding round was years ago, in 2012.


Updated Friday morning to include the information from Nasty Gal’s release.

Datadog fetches $31M to beef up sales and engineering

Datadog, which promises to let companies see how well (or badly) their various cloud deployments are performing, now has $31 million in fresh Series C funding, bringing its total to about $53 million.

The company, with offices in New York and Boston, will use the new funding to hire more people in sales and R&D, CEO Olivier Pomel said in an interview. This round was led by existing investor Index Ventures, with participation from RTP Ventures, OpenView Venture Partners, Amplify Partners and others.

Datadog CEO Olivier Pomel

Datadog CEO Olivier Pomel

“Our ecosystem is blowing up, in a good way,” Pomel said. “Two years ago it was all [company]Amazon[/company]. Now there’s also [company]Microsoft[/company] Azure and [company]Google[/company] on the public cloud side. They’re building fast and are serious. On the private side, back then there was OpenStack on the private side, and now there’s an explosion of container technology driven by Docker and now CoreOS … Every single big software company has a container play and we have to support all that.”

The company, which claims [company]Netflix[/company], Spotify, [company]EA[/company], and, Mercadolibre as customers, has 75 employees now, up from 25 last year, and plans to double or triple headcount next year.

Datadog faces competitors including Boundary, Server Density and Stackdriver (which was purchased by [company]Google[/company] last year). Pomel said many customers use home-grown options.