GlobalLogic raises $29.5M for offshore software development

GlobalLogic, a Vienna, Va. company that specializes in offshore software development, has raised $29.5 million in a third round of funding.

The round was led by existing investor Sequoia Capital India, with participation from GlobalLogic’s other investors New Atlantic Ventures (formerly Draper Atlantic) and New Enterprise… Continue Reading

Sequoia India about to finish raising $280M fund

[Update 8/17: The fund has since been finished at $300 million]

Sequoia Capital India has nearly finished raising a $280 million fund for early-stage investing, according to a regulatory filing.

It is called Sequoia Capital India III. A filing from Aug. 2 shows that Sequoia has raised… Continue Reading