As Twilio’s largest shareholder, Bessemer Venture Partners prepares for the ride

Byron Deeter is likely waking up this morning and wondering what kind of day he’ll have. It was Deeter who led Bessemer Venture Partners into its seed-stage investment in Twilio, a now nine-year-old company that offers services like messaging, voice, image transfers, authentication and video as a software platform, so developers can incorporate them into their own apps. Bessemer has since invested in each of Twilio’s private funding rounds, amassing a 28.5 percent stake in the company at a cost of nearly $70 million. And that bet — one of the firm’s largest — is being put to the test today as Twilio debuts on the public market.

Real-time crash reporting tool Sentry grabs $9 million from NEA & Accel

Sentry, a real-time crash reporting tool for web, mobile and games, has come a long way from its roots as an internal tool used at the blog comment hosting service Disqus. The startup has since been adopted by a number of big names in the tech industry, including Square, Stripe, Dropbox, Opera, Uber, Airbnb, Postmates, and others. And now it has raised $9 million in Series A funding led by NEA. Accel also participated in the new round, which will be used to continue to rapidly grow the business, as well as for hiring.

New FCC regulations may not give consumers true online privacy protection

The FCC is presented with the unique opportunity of producing rules that recognize the expanding Internet of Things (IoT) — a world where a myriad of consumer and other devices will be connected to the Internet and/or each other with reams of personal data being generated and collected. But the FCC’s effort will fall short unless it remedies a fundamental omission with far-reaching implications for online users. Failing to do so could produce rules resulting in unintended downstream consequences —confusing and conflicting, not complementary, consumer online privacy protections. The proposal’s genesis is the FCC’s 2015 reclassification of ISPs as telecommunications services, falling under the same regulatory framework as the old phone system. This change generated more Commission oversight and a decision that it needed to apply privacy rules for the old phone network to Internet providers.