Monthly Archives: March 2015

Jonathan’s Internet And Digital Media Weekly Update – 2015-03-16

Private Financing
US

  • Startup Altocloud is emerging from stealth mode and releasing what it says is the first predictive analytics solution with machine learning for real-time communications like chat and phone calls, has raised $2M in seed funding led by Delta Partners, Digicel Group, and ACT Venture Capital.
  • Audvisor, a startup who offers advice in the form of three-minute audio clip from more than 100 contributors, has raised $1.4M in seed funding from angel investors including Formation 8’s Shirish Sathaye.
  • Asseta, a marketplace for capital equipment and other spare parts, has raised an additional $1M in seed funding from Red Swan Ventures, Zpark Venture, FundersClub, Gil Penchina, Jeff Epstein, Winklevoss Capital, Sandy Kory and Mission and Market.
  • Splash, events marketing CRM, raised a $6M Series A led by Spark Capital.
  • TransitScreen, a timetable for mass transit through smart TV, raised a $600,000 angel round with a group of unnamed VCs in transportation, real estate, and finance.
  • Greenhouse, a recruitment SaaS startup, as raised a $13.6M Series B led by Benchmark and joined by The Social+Capital Partnership, Felicis Ventures and Resolute Ventures.
  • SignalFX, a software application monitoring company, has raised $20M in Series B funding led by earlier investor CRV, with participation from earlier investor Andreessen Horowitz. The company has raised $28.5M altogether from the two firms.
  • Liaison Technologies, a company that makes cloud-enabled data-integration and data-management products, has raised an undisclosed amount of funding from Merck Global Health Innovation Fund. The company says the round brings its total funding to $90M.
  • Favor, a personal delivery service whose “runners” wear blue tuxedo T-shirts and fetch and deliver goods for $5 per trip (plus 5% of the cost of the items and a driver tip), has raised $13M in Series A funding. The company has now raised $17.9M altogether, including from investor Tim Draper and Silverton Partners.
  • EVEN Financial, a startup that connects online lending marketplaces with borrowers and verified potential lenders, has raised $2.8M in seed funding led by Canaan Partners, with participation from Brooklyn Bridge Ventures, Conversion Capital, Social Leverage, 555 Capital, Lerer Hippeau Ventures, and individuals investors.
  • Classkick, a platform that enables teachers to give immediate feedback to students working on iPads, has raised $1.7M in seed funding from Great Oaks Venture Capital, Kapor Capital, Lightbank, and Yammer cofounder Adam Pisoni.
  • Bugcrowd, a company whose software helps companies run crowdsourced, software-bug bounty programs to track the bugs down, has raised $6M in Series A funding led by Costanoa Venture Capital, with participation from Rally Ventures, Paladin Capital Group and Blackbird Ventures. The company has raised $9M to date.
  • VaporChat, a New York-based company whose newly launched mobile application offers users more control over their messages’ content, has raised $1.5M led by Social Starts, with participation from numerous angel investors.
  • Steelwedge, a supply-chain planning company, has raised $22.5M in new funding led Camden Partners, with participation from Mainsail Partners, Shea Ventures and the company’s chief executive, Pervinder Johar.
  • StarMaker Interactive, a San Francisco-based online platform that invites users to record and share music videos of themselves, has raised $6.5M in new funding led by Raine Ventures, with participation from Crosscut Ventures, GREE International, iGlobe Partners, Qualcomm Ventures, Three Bridges Ventures, and individual investors.
  • Snapchat, the messaging company, has raised $200M in new funding from Alibaba Group at a valuation of $15 billion.
  • Memebox, an online and mobile beauty brand company, has raised $17.5M in Series B funding, bringing its total funding to $29.4M. Its investors include Formation 8, Goodwater Capital, AME Cloud Ventures, Pejman Mar Ventures, Y Combinator, Winklevoss Capital, FundersClub, Cowboy Ventures, and Altos Ventures.
  • Lyft, the three-year-old, San Francisco-based ride-hailing service, has raised $530M in new funding, led by the Japanese e-commerce giant Rakuten. The new round brings Lyft’s total funding to $850M and establishes its value at about $3 billion. Others of its backers include Andreessen Horowitz, K9 Ventures, GSV Capital, QueensBridge Venture Partners, Coatue Management, Mayfield Fund, and Founders Fund.
  • Kira Talent, a Toronto-based online talent assessment platform, has raised $1.2M in seed financing led by Relay Ventures, with participation from the Business Development Bank of Canada and numerous angel investors. The company has now raised $3.2M altogether.
  • Classkick, an online learning platform that enables teachers to give students immediate feedback, has raised $1.7M in funding from investors, including Great Oaks Venture Capital, Kapor Capital, Lightbank and individual investors.
  • Bento Labs, a startup that’s developing a customizable home screen for Android devices, has raised $2M in seed funding from investors, including First Round Capital, Google Ventures, and the Social+Capital Partnership.
  • Agilence, a company whose software helps retailers monitor their stores and prevent theft, has raised $4.3M in funding led by earlier backer Laurel Capital Partners, with participation from new investor Drayton Park Capital and previous backers Aster Capital, Granite Ventures, and NextStage Capital. The company has raised $18.5M to date.
  • Zuora, an business whose software allows customers set up subscriptions for their goods and services, has raised $115M from investors that include Wellington Management, BlackRock, Premji, and Passport Capital. Earlier investors also joined the round, including Benchmark, Greylock Partners, Redpoint Ventures, Index Ventures, Shasta Ventures, Vulcan Capital, Next World Capital, Workday co-CEO Dave Duffield and Salesforce founder Marc Benioff. Zuora has now raised $250M altogether.
  • ThinkCerca, a company offering online academic reading and writing instruction, has raised $3.2M in Series A funding led by Follett Knowledge Fund, Amicus Capital, Great Oaks Venture Capital, and Math Venture Partners.
  • Splash, an event-planning software startup, has raised $6M in new funding led by Spark Capital. The company has now raised $7.7M altogether.
  • SpareFoot, an online service for finding and booking self-storage units, has raised $33M in new funding led by Revolution Growth. Monkfish Equity and earlier backer Insight Venture Partners also joined the round, which brings the company’s total funding to roughly $50M.
  • Prevoty, a security software company that enables enterprises to embed security within their applications, has raised $8M in Series A funding led by U.S. Venture Partners. The company has now raised $11.1M altogether.
  • Pager, a company whose mobile app facilitates doctor house calls, has raised $10.4M from existing seed investors Lux Capital and Montage Ventures, as well as new investors Goodwater Capital and Summation Health Ventures.
  • Looker, a business intelligence platform, has raised $30M in Series B funding led by Meritech Capital Partners, with participation from Sapphire Ventures and earlier backers Redpoint Ventures, First Round Capital and PivotNorth.
  • Independa, a startup that embeds remote-monitoring technology for elderly people into television sets made by LG Electronics, has closed its multi-tranched Series B round at $6M, with its newest capital coming largely from Mesa Verde Venture Partners.
  • HealthMyne, an informatics company focused on bringing imaging analysis to the point of care, has raised $4.5M in Series A funding led by local firms Venture Investors and 4490 Ventures, with participation from HealthX Ventures and several angel investors.
  • Groupon, daily deals and local commerce company, is taking steps toward spinning off its Asia business, Groupon India and raised $20M from Sequoia Capital.
  • Elastica, a cloud security company, has raised $30M in new funding led by Third Point Ventures, with participation from Pelion Venture Partners and earlier backer Mayfield Fund.
  • Decolar, an online travel agency — the largest in Latin America — has taken $270M from Expedia Group in exchange for less than 20 percent of its business.
  • SimpliVity, a converged infrastructure company, has raised $175M in Series D funding led by Waypoint Capital, with participation from earlier backers Accel Partners, CRV, DFJ Growth, Kleiner Perkins Caufield & Byers, and Meritech Capital Partners. The company has now raised $276M altogether.
  • RayVio, a company that uses solid state UV technology for a variety of applications, including to disinfect drinking water and prevent food spoilage by eliminating bacteria, has raised $9.3M in Series B funding, including from Applied Ventures, Augment Ventures, New Ground Ventures and Tolero Ventures. Earlier backers DCM Ventures and Capricorn Investment Group also joined the round.
  • Onshape, a computer-aided design startup that has been operating in stealth mode, has raised $64M in funding over the years, including from New Enterprise Associates, North Bridge Growth Equity & Venture Partners, and Commonwealth Capital Ventures.
  • Flashnotes, an online marketplace that invites students to exchange academic materials, has raised an undisclosed amount of funding from Barnes & Noble. The company had previously raised $11.4M from investors, including Atlas Venture, SoftBank Capital, and Runa Capital.
  • E8 Security, a maker of cyber security analytics software, has raised $9.8M in Series A funding led by March Capital Partners, with participation from Allegis Capital and The Hive.
  • Do, a startup that makes meeting software, has raised $2M in seed funding, including from New Enterprise Associates, Slow Ventures, Queensbridge Venture Partners, and numerous individual investors, including Zynga founder Mark Pincus.
  • 21 Inc., a stealthy bitcoin startup, has raised $116M in funding led by Andreessen Horowitz and RRE Ventures, with participation from Yuan Capital, Qualcomm Ventures, Khosla Ventures, Data Collective and numerous individual investors, including PayPal cofounders Peter Thiel and Max Levchin.
  • Quixey, a mobile search startup, has raised $60M in new funding led earlier backer Alibaba Group, with participation from Goldman Sachs, GGV Capital, and SoftBank Capital. The company has now raised $134.9M altogether.
  • Photobucket, a 12-year-old, Denver-based image and video hosting site, has raised $3.6M in new funding. The additional capital is reportedly part of an $8M round that’s still in progress. Photobucket was sold in 2007 to Fox Interactive Media for $250M, then sold again in 2009 for $60M to a Seattle-based imaging startup called Ontela. The merged company kept the Photobucket brand.
  • CoverHound, an online insurance marketplace, has raised $14M in Series B funding from Core Innovation Capital, Route 66 Ventures, Thomas Lehrman, Tugboat Ventures and American Family Ventures, along with earlier backers RRE Ventures, Blumberg Capital, and Bullpen Capital. The company has now raised $23.4M altogether.
  • Blippar, a New York-based image-recognition platform that uses augmented reality technology, has raised $45M in Series A funding from undisclosed investors. According to Crunchbase, the company had previously raised an undisclosed amount of seed funding from Qualcomm Ventures.

EMEA

  • Passion Capital has invested an undisclosed level of seed funding in Ravelin, an early stage online fraud prevention startup.
  • Vienna, Austria-based mySugr, an app using digital products to take the strain out of aggregating diabetes-related health data and managing the chronic condition, raised $4.8M from two new investors, Switzerland-based Roche Ventures and U.S.-based iSeed Ventures. Existing investor XLHealth, from Germany, also participated in the round. Total funding raised to date is around $5.8M.
  • Ravelin, a London-based online fraud prevention startup, has raised an undisclosed amount of seed funding from Passion Capital..
  • Growth Intelligence, a London-based startup that makes predictive marketing software, has raised $3.4M in Series A funding from 83North, MMC Ventures, and individual investors.

Asia

  • Retty, Japanese restaurant recommendation and review site, raised JPY 1 billion (US$8.24M) in series C funding. Fidelity Growth Partners Japan joins this funding round alongside previous investors Gree Ventures and Mizuho Capital.
  • Food ordering and delivery Oddle raised a S$1M (US$718,000) seed round led by Singapore-based VC East Ventures. The company has in its pocket 350 outlets from 200 merchants. All Oddle customers in Singapore are paying the startup. It also has paying clients in Hong Kong and just started free trials in Vietnam. It has processed S$2M (US$1.43M) in transactions in its one year of existence, representing a month-on-month growth of 20 percent.
  • Daily deals site Ensogo has raised A$10M (US$7.6M) from investment firm Ward Ferry Management. 58.8M shares will be issued to the Hong Kong-based fund at A$0.17 (US$0.13) apiece, giving it a 10.6 percent stake in the company.
  • Mobile advertising technology provider Vserv has raised $15M from hedge fund Maverick Capital and venture capital firm IDG Ventures India.
  • Quikr.com, a Bangalore, India-based classifieds portal that connect buyers and sellers on their mobile phones and other online devices, is close to raising $150M from Tiger Global Management and other investors, including Steadview Capital of Hong Kong.
  • Sugar, a deals discovery mobile app with a novel process to give users discounts, has raised over S$1M (US$720,000) to date from Singapore Post chairman Lim Ho Kee as well as Koh Boon Hwee, the former chairman of SingTel, DBS Bank, and Singapore Airlines.
  • IndoTrading, a company that operates a directory for small businesses in Indonesia, raised a US$1.5M series A funding round led by OPT SEA, the Southeast Asian business arm of OPT Group. The round was followed on by Singapore-based Golden Gate Ventures, GMO Venture Partners, Jakarta’s Convergence Ventures (formerly Convergence Accel), Aucfan, existing investor Rebright Partners, and an anonymous angel investor.
  • Ola, a Mumbai, India-based cab-hailing service, is close to raising about $400M in a round that will be led by DST Global and could value the startup at about $3 billion. Ola’s earlier investors, including SoftBank Corp. and Tiger Global Management, are also expected to participate in the funding. Earlier this month, Ola acquired TaxiForSure, a nearly four-year-old, Bangalore-based aggregator of car rentals and taxis in India, for $200 in cash and stock.
  • Moonfrog Labs, a Bangalore-based startup that makes mobile games for players in India, has raised $15M in Series A funding from Tiger Global Management and earlier investor Sequoia Capital, which had previously provided the company with $1M in funding.
  • ChargeBee, an India-based startup that helps companies manage their subscription billings, has raised $5M in Series B funding led by Tiger Global Management, with participation from previous backer Accel Partners, which provided the company with $800,000 in Series A funding early last year. The company has now raised roughly $6.2M altogether.
  • Speakwell Enterprises, an India-based English language learning service company, has raised $10M from investors led by Gray Matters Capital.
  • Group buying site Joinem launched to the public and announced a $5M raise from undisclosed investors, including “two senior members of Facebook’s executive team.”
  • Grocery shopping app named HappyFresh raised seven-figure undisclosed round of pre-series A funding from a group of venture capital firms, international angel investors, and institutional backers.
  • Lamabang, a Beijing-based Chinese social network and ecommerce company for mothers and expectant mothers, has raised $100M in Series C funding from Matrix Partners, Morningside Ventures, and Greenwoods Asset Management, reports Tech in Asia. The company has raised $130M to date.
  • Chinese C2C ecommerce app Jiemi has raised “several million USD” in series A funding from IDG Ventures.
  • Mumbai-based startup Codigami, which owns Crowdfire a social media management app, announced a series A funding round of US$2.5M from Kalaari Capital.
  • Malaysian online wedding portal Wedding.com.my announced the raising of MYR 1M (US$274,000) in a seed funding round led by Kathrein Ventures and joined by N Capital Partners and an angel investor.
  • Shopback, a Singapore-based ecommerce cashback startup, raised US$600,000 from Accel-X and East Ventures.

Other emerging markets

  • Lingua.ly, a Tel Aviv, Israel-based language learning app, has raised $1M from Yochy Investments, the Washington, D.C.-based seed fund 1776, and individuals, including earlier investor Udi Netzer. The company has now raised $1.8M altogether.

Mergers & Acquisitions
US

  • Facebook has acquired personalized shopping search engine TheFind to help improve its commerce ads. TheFind had raised $26M from Lightspeed and Redpoint since getting off the ground around 2005, but will now be shut down.
  • Lasso, a private photo-sharing and chat app cofounded by the founders of the photo and video-sharing service Photobucket, has been acquired by Photobucket for undisclosed terms.
  • BGPmon, a provider of network and routing monitoring services, has been acquired by OpenDNS for undisclosed terms.
  • ARX, a San Francisco-based digital signature company, has been acquired by longtime partner DocuSign for undisclosed terms.
  • 2lemetry, a startup whose enterprise-focused platform tracks and manages IP-enabled machines and other connected devices, has been acquired by Amazon for undisclosed terms. 2lemetry had raised $4M from Salesforce Ventures.
  • Kitematic, a startup whose tool helps speed up the ability of Docker’s software containers to ship applications across different cloud computing systems, has been acquired by Docker for an undisclosed price.
  • AppCrawlr, an app that lets you compare feature checklists and reviews to find the best app for any purpose, has been acquired by desktop software discovery site Softonic.
  • Blue Coat Systems, an enterprise security company that helps clients ensure they have secure connections to the Internet,on will be acquired by investment firm Bain Capital for $2.4 billion in cash, a move that sets the stage for the cybersecurity company to go public again.
  • Twitter has acquired Periscope, a startup that’s building an app for streaming video from smartphones, for $75-$100M.
  • Veenome, a service that analyzes online video to reduce fraud, eliminate objectionable material and more, has been acquired by Integral Ad Science, a company whose technology aims to direct the right viewers to the right ads. Terms of the acquisition weren’t disclosed. According to TechCrunch, Veenome had raised at least $2.5M from investors, including Stardust Venture Partners, India Venture Partners, and Piedmont Investment Advisors. Integral Ad Science has raised nearly $50M from investors, including August Capital, Atlas Venture, Pelion Venture Partners, and Founder Collective.
  • Stitch, a sales productivity software company, has been acquired by SugarCRM, which is reportedly shutting down the service. Stitch had raised $3.3M from investors, including Freestyle Capital, SoftTech VC, Google Ventures and Foundation Capital. SugarCRM, an 11-year-old, Cupertino, Ca.-based maker of customer relationship management software, has raised $104M from investors over the years, shows Crunchbase. Its backers include DFJ, New Enterprise Associates, Goldman Sachs, and Walden Venture Capital.
  • Appfluent Technology, a company that makes data analytics software, has been acquired by Attunity, a publicly traded company. Appfluent had raised at least $4.1M, from Updata Partners and The New Markets Growth Fund.

EMEA

  • Rocket Internet, the publicly-listed German ‘startup factory’ and e-commerce behemoth, has increased its stake in Foodpanda worth $110M.
  • Spain’s Percentil has acquired Kirondo, European ‘pre-owned’ kids clothing company.

Asia

  • Consumer-to-consumer marketplace Lamido will merge with Rocket’s larger ecommerce entity Lazada. Lamido was a Lazada venture originally set up to offer a consumer marketplace platform separated from Lazada.
  • VCCircle, a Noida, India-based media company whose news sites include VCCircle.com and Techcircle.in, has been acquired by News Corp. for undisclosed terms. The deal represents News Corp’s third, recent investment in India. News Corp. also invested $30M in the real estate sales platform PropTiger last November and acquired the online financial planning company Bigdecisions in December.

Other emerging markets

  • CyActive, a two-year-old, Be’er Sheva, Israel-based “predictive” cyber security company, has been acquired by PayPal for at least $60M. CyActive had raised one, undisclosed round of funding from Siemens Venture Capital in the form of a convertible note.
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Jonathan’s Internet And Digital Media Weekly Update – 2015-03-02

Private Financing
US

  • Mobeewave, a Canadian startup that develops fast and secure near field communication (NFC) mobile payment acceptance services, raised a $6.5M investment round led by SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank. Business angels also participated in the round, but their identity has not been disclosed.
  • YesGraph, a company which recommends exactly who a new user should invite, raised a $1M seed round led by Bloomberg Beta. The company had also raised $1.3M earlier from NextView Ventures, Andreessen Horowitz, Accel Partners, Founder Collective, Quotidian Ventures, Rivet Ventures, Michael Birch, Gustaf Alströmer, Lance White, Tom Williams, and Adam Gross for its recruiting product in the past.
  • Trov, a company whose app helps users easily organize and value the things they own, has raised $6.5M in new Series B funding led by Anthemis Group of Geneva. The company has now raised $13.3M altogether.
  • Twenty20, a photography marketplace connecting stock photo buyers with everyday smartphone photographers, has raised $8M in Series A funding led by Canaan Partners, with First Round Capital, Bullpen Capital, and VersionOne Ventures participating. The company has now raised $9.7M altogether.
  • Kobalt, a company whose computer system scours payment systems around the world to make sure royalty money ends up where it belongs, has raised $60M in new funding from Google Ventures and Michael Dell. The company has now raised $116M altogether.
  • JRNL, a company whose private journaling application is designed for Web and mobile use, has raised an undisclosed amount of seed financing from Varkain, a Las Vegas-based venture capital firm.
  • InMoji, a San Francisco-based mobile marketing startup, has raised $1.25M in seed funding led by former PayPal Media COO David Chang, with participation from PayPal’s StartTank and Atlas Venture through its Boston Syndicates.
  • Emailage, a company that makes a fraud-detection system that relies on email addresses to produce a fraud risk score, has raised $3.8M in funding led by Felicis Ventures.
  • Accela, a company that makes cloud-based civic-engagement software, has raised $143.5M in new financing led Abry Partners, with participation from Landmark Partners, J.P. Morgan Private Equity, and Karlani Capital. The company had raised at least $50M across two previous rounds.
  • Gaming backend-technology company PlayFab which provides game makers with cross-platform tools to keep live games running on PC, console, and mobile raised $7.4M in a series-A funding round led by Investment group Benchmark. Series A also saw participation from Startup Capital Ventures, Orbitz chief executive Barney Harford, and PopCap Games cofounder Jason Kapalka.
  • Robot Entertainment, the Texas game studio that created Orcs Must Die!, has received a minority investment from Chinese gaming and Internet giant Tencent.
  • Digital media startup Atlas Obscura raised $2M from a myriad of investors that include media companies such as The New York Times, VC funds such as New Atlantic Ventures, and angels such as Reddit’s Alexis Ohanian.
  • Mapping startup Citymaps raised a new $6M funding round from Nokia Growth Partners, Coatue Management, Acadia Woods, and existing investors, with Nokia’s Paul Asel joining Citymaps’ board of directors. This brings the company’s total funding to $11M.
  • Twenty20, the startup formerly known as Instacanvas, today announced that it has raised an $8M Series A round led by Canaan Partners. With this funding round, Twenty20 has also finalized its transformation from printing service for Instagram pictures to photo-licensing service.
  • Palo Alto-based Branch Metrics, a company developing better mobile deep linking technology (links that point users to specific pages within mobile applications themselves), raised $15M Series A round led by existing investor New Enterprise Associates (NEA) and TriplePoint Capital President Ben Narasin, who invested personally. Also participating in the round were Pejman Mar Ventures, Zach Coelius, Cowboy Ventures, and the firm TriplePoint Capital. The additional funding values the company at $75M post-money. To date, Branch Metrics has raised $17.75M.
  • High Fidelity, a company building deployable virtual worlds, combining the ease of rolling out a VM instance on a modern cloud platform with the interactivity of Minecraft and the immersion of virtual reality, has raised $11M in funding in a round led by Paul Allen’s Vulcan Capital.
  • Zimperium, a mobile security company that protects smartphones against advanced cyber attacks, has raised $12M in new funding led by Australia’s Telstra, with participation from Japan’s TOYO Corp. and earlier backers Sierra Ventures, Lazarus Israel Opportunities Fund, and Samsung. The company has now raised $20M altogether.
  • Unify Square, a company that sells software, services and support for Microsoft Lync/Skype for Business (it was started by Microsoft veterans), has raised $8.2M in Series B funding from individual investors with backgrounds at Yahoo, IBM and Ariba. The company has now raised $22.2M altogether.
  • SecureKey Technologies, a maker of identity and authentication software, has raised $19M in Series C funding led by Blue Sky Capital and earlier backer Rogers Venture Partners. The company has now raised $75.7M altogether.
  • TopOPPS, a company that makes predictive analytics software for sales teams, has raised $2M in funding led by Cultivation Capital. The company has now raised roughly $4M.
  • Pivot3, a vendor of hyper-converged infrastructure, has raised $45M in funding from Argonaut Private Equity, S3 Ventures, InterWest Partners, and Wilson Sonsini Goodrich & Rosati. The company has now raised $184.8M altogether.
  • Klipfolio, a business intelligence company, has raised $6.2M in Series A round led by Omers Ventures, with participation from the company’s seed investors, including BDC Capital, Mistral Venture Partners, Acadia Woods, BOLDstart Ventures, CommonAngels Ventures, and Fundfire. The company has now raised $7.7M to date.
  • Lytro, a company whose cameras capture the entire light field around a picture, raised $50M in new funding led by GSV Capital, with participation from all of its earlier investors, which include Allen & Co., Greylock Partners, Andreessen Horowitz, New Enterprise Associates, and K9 Ventures.
  • Luxe Valet, an on-demand valet startup, has raised $20M in Series A funding co-led by Redpoint Ventures and Venrock Partners. The company has now raised $25.5M to date.
  • LocoMotive Labs, a company that makes play-based apps for children with special needs, has raised $4M in Series A funding led by Softbank Ventures Korea and TAL Education Group, with participation from earlier backers K9 Ventures, Kapor Capital, NewSchools Venture Fund, D3Jubilee, and individual investors. The company has now raised $5.15M altogether.
  • Exablox, a cloud storage provider, has raised $16M in Series C funding from Dell Ventures. The company has now raised $38.5M altogether, including from DCM, Norwest Venture Partners, and U.S. Venture Partners.
  • Dtex Systems, a company whose software prevents cyber security breaches originating within an organization, has raised $15M Series A funding co-led by Norwest Venture Partners and Wing Ventures.
  • Coolan, a company that employs analytics and artificial intelligence to predict server failure and avert data center outages, has raised an undisclosed amount of seed funding from investors, including Keshif Ventures, North Bridge Venture Partners, and The Social+Capital Partnership.
  • Chefs Feed, a content platform that offers food suggestions from top chefs, has raised $4M in Series A funding led by Artis Ventures, with participation from Haas Portman, Structure Capital, Subtraction Capital and individual investors. The company has now raised $8.2M to date.
  • Branch Metrics, a software company focused on mobile deep linking (where pages inside of mobile apps are accessible immediately with the click of a link), has raised $15M in Series A funding co-led by earlier investors New Enterprise Associates and Ben Narasin of TriplePoint Capital, with participation from Pejman Mar Ventures, Zach Coelius, and Cowboy Ventures. The company had previously raised $2.75M from many of those same investors.
  • Ardusat, an education company focused on enhancing student engagement through hands-on experimentation, has raised $1M in seed funding from Space Florida, Fresco Capital, Spire and other investors.
  • Airtable, a company which makes data more accessible on mobile devices by combining the ease-of-use of spreadsheets with the power of relational databases, raised $3M in funding from investors that include Caffeinated Capital, Freestyle Capital, Data Collective, CrunchFund (which was founded by TechCrunch founder Michael Arrington), Box Group, Bebo founder Michael Birch, Box executive Villi Iltchev, Ben Ling, Snapup founder Shan Mehta, Farmville creator Amitt Mahajan, Ashton Kutcher, OpenDoor founder Eric Wu, YC partner Aaron Harris and Color Genomics co-founder Othman Laraki.
  • Getable, a startup delivering on-demand construction equipment, announced a $5M round led by The Social+Capital Partnership.
  • Notation Capital, based in Brooklyn, and it is led by Nick Chirls, who led seed investment at betaworks and helped build Alphaworks, and Alex Lines, an architect at betaworks who contributed to products like Digg, Chartbeat, and bit.ly, raised $8M.
  • Wigo, a startup whose mobile application enables college students to find out where people they know are going out, has raised $1.5M in seed funding led by Great Oaks Venture Capital, with participation from the startup foundry Blade, GGV Capital, Greylock Partners, KEC Ventures, and individual investors. The company has raised $2.2M altogether.
  • RtTech Software, a Canada-based company whose data software aims to help manufacturing companies improve their asset availability, asset utilization and utilities consumption, has raised $3M in Series A funding led by McRock Capital, with participation from earlier backer New Brunswick Innovation Foundation.
  • Q4 Web Systems, a company whose services cater to investors relations professionals (including making investor websites), has raised $5M led by Plaza Ventures, with participation from Atlas Venture and Silicon Valley Bank.
  • NCino, a company behind a web-based operating technology for banks and financial-services companies, has raised $29M in Series B funding led by Insight Venture Partners. Earlier backers, including Wellington Management, former Morgan Stanley Chairman and Chief Executive John Mack, and Promontory Financial Group founder and CEO Gene Ludwig, also joined the round. The company has now raised $49M to date.
  • Mavenlink, a company whose cloud-based software helps distributed teams manage and scale the projects, has raised $15M in equity and a $4M credit facility from Carrick Capital Partners and Silicon Valley Bank.
  • Iotera, a company that produces GPS devices with what it says are months of battery life, has raised $1M in seed funding led by earlier backer ZenShin Capital Partners, with participation from Crunchfund, Startup Capital Ventures, String Ventures, EarlyMarket and Rubicon Venture Capital.
  • FundThrough, a Toronto-based online business lending startup, has raised $2.2M led by Real Ventures, with participation from Origin Merchant Partners, Five Elements Ventures, Barlow Lane Holdings and individual investors.
  • CENX, a company whose software helps wireless carriers manage their data networks, has raised an undisclosed amount of growth financing from its previous backers, including Cross Creek Advisors, DCM, Ericsson, Highland Capital Partners, Mesirow Financial Private Equity, and Verizon Ventures.
  • Image-recognition technology startup CamFind has announced a $4.8M funding round from “dozens of individual angel investors,” including Kamran Pourzanjani.
  • Telltale Games, a digital publisher that releases interactive episodic content on a monthly schedule, has raised an undisclosed but “significant” amount of strategic funding from Lions Gate Entertainment Corp rumoured to be $40M. The company had raised roughly $14.5M previously, including from Granite Ventures and IDG Ventures.
  • Humanyze, a unique new firm spawned in the MIT Media Lab, has developed a system that uses a smart employee badge to collect employee behavioral data, which it links to specific metrics with the goal of improving business performance. It announced $1M in seed funding. The funding was led by Romulus Capital with contributions from Boston Seed and dunnhumby Ventures.
  • Space Time Insight, a company whose analytics software aims to help companies in asset-intensive industries (like utility companies) make faster, better decisions, has raised $8M in funding from the energy supplier E.ON SE and NEC Corp. The company has now raised $50M altogether, including from EnerTech Capital, Novus Energy Partners, and Zouk Capital.
  • Sikka Software, a SaaS company with a practice-management platform for dentists, optometrists, veterinarians and the like, has raised $5.5M in Series B funding led by new investor Sierra Ventures, with participation from earlier backer ATA Ventures.
  • Roadster Online, a company that promises to find great prices on new cars for customers, then deliver the car to their doors, has raised $1.8M in seed funding from undisclosed sources.
  • Metamarkets Group, an analytics platform for buyers and sellers of programmatic advertising, has raised $15M in Series C funding from City National Bank, Data Collective, IA Ventures, Khosla Ventures, True Ventures, Village Ventures and individual investors. The company has now raised $43.5M altogether.
  • LocoMotive Labs, a developer of play-based educational apps for children with special needs, has raised $4M in Series A funding co-led by SoftBank Ventures Korea and TAL Education Group. Earlier backers, including D3Jubilee, K9 Ventures, Kapor Capital, and NewSchools Venture Fund, also participated in the round. The company has now raised $4.6M altogether.
  • GuideSpark, a company that provides employers with customizable video templates for conveying human resources information in a more digestible way, has raised $22.2M in Series C funding led by Meritech Capital Partners, with participation from earlier backers IDG Ventures, New Enterprise Associates and Storm Ventures. The company has now raised $42.4M to date.
  • Chewse, lunch delivery company, raised a total of $1.7M in seed funding. For its first $1M, Chewse investors included Chris Sacca, Telegraph Hill, InnoSpring, Ben Ling, Richard Chen and 500 Startups. With an additional $700,000 in funding, the company brought on additional investors like Google Shopping Express founder Tom Fallows, Walmart’s Rocketship VC and Groupon’s Emanuel Stehle.
  • Hombrew, early-stage venture firm cofounded by Hunter Walk and Satya Patel, has closed its second fund with $50M, up from the $35M it had raised for its inaugural fund. Among Homebrew’s newest investments is Eero, a year-old, San Francisco-based company whose routers aim to blanket its customers’ homes in fast, reliable WiFi.
  • Viv Labs, an artificial-intelligence startup whose three cofounders also cofounded the virtual personal assistant company Siri (famously acquired by Apple in 2010), has raised $12.5M in Series B funding. The round was led by Iconiq Capital, with participation from earlier backer Horizon Venture and Pritzker Group Venture Capital. The company has now raised $22.5M altogether.
  • Urban Airship, a mobile marketing company, has raised $21M in Series D funding, including from Franklin Park & Associates and QuestMark Partners. The company has now raised $67.6M altogether, including from August Capital, Foundry Group, True Ventures and Verizon Ventures.
  • TrueFacet, a platform that sells pre-owned jewelry, has raised $1.7M in seed funding from Founders’ Co-Op, Maveron, Social Leverage, Trilogy Equity Partners and individual investors. The company had earlier raised $118,000 in funding from Techstars.
  • Tilson Technology Management, a company that builds telecommunications networks, has raised $2.2M in funding from Rand Capital, a Buffalo-based venture firm, and CEI Ventures of Maine. The company has raised $2.9M altogether.
  • Round.me, a company that turns panoramic photos into virtual tours, has raised a $3M in funding led by April Capital.
  • Postmates, an on-demand delivery service, has raised $35M in Series C funding from earlier backer Spark Capital, reports Techcrunch. Postmates is a service that lets users order anything from local stores and have it delivered directly to their home for a small delivery fee. The company has raised a total of $58M, including from Matrix Partners, SoftTech VC, Crosslink Capital, Scott Banister, Naval Ravikant, Russell Simmons, Thomas Korte, Shervin Pishevar, Dave Morin and David Sacks.
  • OrbitHCI, a Boston-based company that’s developing a watch and a tablet that aim to make it easier for the elderly to remotely see and communicate with loved ones, has raised $1M in seed funding from Google Ventures and Atlas Venture.
  • DriverUp, a company that hopes to draw accredited investors into the business of auto lending, has raised $50M in Series A funding led by Emerald Development Managers and RRE Ventures.
  • AlleyNYC, a New York-based co-working space, has raised $16M in funding led by Vandewater Capital Holdings, with participation from Entrepreneur Media.

EMEA

  • Sweden’s Sqore, a startup that runs a large network of student competitions, raised a $3.5M investment from Northzone.
  • AXA Equitable Financial Services, the 200-year-old, Paris-based multinational investment banking firm, has formed a venture unit with a 200M euro ($224.3M) fund that it intends to invest in insurance, asset management, financial technology and health-care services startups.
  • LoveCrafts, a London-based builder of social marketplaces for crafts communities, has raised $7.5M in funding from Balderton Capital.
  • LeadDesk, the Finland-based cloud call center software company, has announced its first funding led by Dawn Capital with participation from public fund, Finnish Industry Investment. This investment round is designed to drive LeadDesk’s growth in European markets with particular focus on UK/Ireland, Spain, and the Benelux region.
  • Buran Venture Capital, a Moscow-based, internationally-oriented venture fund, appears to be among the backers of Shazam, which raised $30M this past January in a funding round that valued it at over $1 billion.
  • Shark Punch, a game development studio with offices in San Francisco and Helsinki, has raised $1.2M in seed funding led by London Venture Partners, with participation DN Capital, Reaktor Polte, and other investors.
  • Finnish developer Shark Punch, game discovery with its Playfield community platform, raised $1.2M in seed funding led by London Venture Partners.
  • Germany-based Webdata Solutions who provides clients an easy to use and effective solution for day-to-day monitoring of their competitor’s price points, automation for pricing management, benchmarking of current market trends, closed a €4M funding round (~$4.5m) led by Paris-based VC Seventure Partners. Others participating in the round include Senovo, and b-to-v Partners, along with previous investor TGFS.
  • Sparta, the Stockholm-based startup that provides an online platform to help sales managers more easily run sales competitions, raised €100,000 round of funding from Spotify’s European MD, Jonathan Forster, and Henrik Torstensson, CEO of ‘health tracker’ Lifesum and also a former member of Spotify’s management team. Previous investors Johan Attby (CEO of Fishbrain) and Pär Ribbne also participated.
  • Lavanda, London-based on-demand laundry, raised $265,000 from Ned Cranborne (Partner at Samos Investments), Tom Allason (Founder, Shutl), Stephen Romney (CTO, Shutl), Jack Waley-Cohen and Michael Dent (co-founders, what3words) and Hugo Adams (co-founder, 3 Kinds of Ice).
  • Grabble, a London-based social fashion discovery and commerce platform, has raised £1.2M ($1.9M) in funding from a long list of mostly European angel investors.

Asia

  • FreshWorld, a Bangalore-based startup that delivers fresh fruits and vegetables straight from farmers to homes using GPS-enabled smart carts, has secured an undisclosed amount in funding from Indian Angel Network and Infosys cofounder Kris Gopalakrishnan.
  • Brite Semiconductor, an emerging ASIC (application-specific integrated circuit) design services firm headquartered in China, has raised US$8M in a Series C round of funding led by Norwest Venture Partners (NVP), Gobi Partners, and Semiconductor Manufacturing International Corporation.
  • Online retailer Nasty Gal is gearing up for its brick-and-mortar moment and raised $16M investment led by Ron Johnson.
  • DatastreamX, a marketplace for real-time data, just raised S$500,000 (US$368,000) seed round from undisclosed private investors to realize its vision.
  • Grofers, Indian on-demand delivery service for local shops, raised a $10M series A round led by Sequoia Capital (a returning investor) and Tiger Global. This brings its total raised so far to $10.5M.
  • India-based food ordering service TinyOwl has raised a $16M Series B round from Matrix Partners and existing investors Sequoia Capital and Nexus Venture Partners.
  • Spika, the company producing the Nailbook app (for iOS and Android), raised JPY 100M (US$836,000) in seed funding from Gree Ventures and B Dash Ventures.
  • 500 Startups announced the launch of its latest microfund, 500 Kimchi. The US$15M fund will target early stage startups in South Korea’s mobile space.
  • New Zealand-based Xero Limited, which sells cloud-based accounting and bookkeeping software, has raised a $110M funding round, led by Accel Partners. Accel put in $100M of the total, while existing investor Matrix Partners put in the other $10.8M.
  • InternetOptics, the company behind Lensza, an Indonesia-based online contact lens retailer, announced today that it closed a round of seed funding from investors based in Indonesia, Singapore, and the Netherlands.
  • HomeLane, an India-based company that boasts of integrated interior design and manufacturing capabilities that allow its customers to customize their homes, has raised $4.5M in Series A funding led by Sequoia Capital, with participation from Aarin Capital.
  • Trip38, a Bangalore-based startup that is trying to make traveling less complicated  just announced that it has raised INR 60M (just under USD$1M) from Interglobe Technology Quotient and Singapore-based VC firm Lantern Capital.
  • Pepperfry, a India-based home and lifestyle e-commerce platform, is reportedly talking with new and earlier investors about a $70M to $80M Series D round. The company has so far raised $28M across three rounds to date, including from Norwest Venture Partners and Bertelsmann.
  • NoBroker, a India-based peer-to-peer property listings startup that aims to squeeze brokers out of the rental process, has raised $3M in Series A funding from SAIF Partners and Fulcrum Ventures. The company had previously raised an undisclosed amount of seed funding.

Other emerging markets

  • Workable, hiring SaaS platform, has secured $5M in additional funding from its existing investors, including Greylock Israel (which has since become 83North) and Greece-based seed investors Openfund.
  • ironSource, Israeli ad distribution and app monetization company, raised an additional $20M from a group of unnamed investors led by Access Industries. The new funding, the final tranche of a Series B round that totaled more than $100M, brings the sum raised by the company to about $123M.
  • Knowmail, a Tel Aviv, Israel-based developer of email-management software for businesses, has raised $1.2M in seed financing from Plus Ventures, 2B Angels, AfterDox and INE Ventures.
  • M4JAM (Money For Jam), a South Africa-based platform that breaks large projects into smaller jobs and enlists independent contractors to complete them, has raised an undisclosed amount of funding from Tencent Holdings and Naspers, via their joint WeChat Africa venture.

Mergers & Acquisitions
US

  • Visa acquired Mountain View-based TrialPay, an e-commerce payment platform which sits in between payments and advertising, providing consumers with an alternative way to pay for items by agreeing to take advantage of another merchant’s offer.
  • Pluck, a company that sells social media software to companies that want to create communities around their existing web properties, has been acquired for undisclosed terms by Sprinklr, a subsidiary of publicly traded Demand Media. Terms aren’t being disclosed. According to Crunchbase, Pluck had raised at least $17M from investors, including Reuters, Mayfield Fund, and Austin Ventures.
  • Mobile analytics provider Kochava is announcing that it has acquired Toronto-based ad tech company InferSystems, and it’s using InferSystems technology to build a product called the Kochava Optimization Beacon.
  • Encrypted comms company Silent Circle, half of the SGP Technologies joint venture behind the pro-privacy Android smartphone Blackphone, has reached an agreement to buy out its hardware partner, Spanish smartphone maker Geeksphone.
  • Toro, a startup that helps developers promote their apps on Facebook and was formerly known as Red Hot Labs, has been acquired by Google for undisclosed terms. Toro had raised $1.5M in funding from investors, including Andreessen Horowitz, Greylock Partners, SV Angel, General Catalyst Partners, Keith Rabois, Chris Dixon, Bill Tai and Guitar Hero co-creators Charles Huang and Kai Huang.
  • ServiceNow, the cloud software company that helps other companies automate their corporate IT environments, will acquire Intréis, a privately held company making software that handles corporate governance, risk management and regulatory compliance processes. Terms are not being disclosed.
  • Kindermint, an online resale store that specializes in gently used kids’ clothing, has been acquired by the six-year-old, San Francisco-based used-clothing retailer ThredUp for undisclosed terms. Kindermint appears to have raised a tiny seed round from an undisclosed source; ThredUp has meanwhile raised roughly $50M from investors, including Upfront Ventures, Highland Capital Partners, Trinity Ventures, and Redpoint Ventures.
  • Authy, a San Francisco-based startup with a two-factor authentication app, has been acquired by the cloud software service Twilio for undisclosed terms. The app will continue as a standalone service, but its capabilities will be added to Twilio’s API. Authy had raised $3.8M from investors, including Y Combinator, Corazon Capital, Salesforce Ventures, StartCaps Ventures, and Data Collective.
  • Google has announced a deal with Verizon, T-Mobile and AT&T to pre-install Google Wallet on all of their Android devices in the US from later this year. As part of the agreement, it’s buying technology from Softcard, the mobile payments app owned by the three carriers.
  • Airpost, a Toronto-based startup that helps IT managers monitor their employees’ cloud applications, has been acquired by Box for undisclosed terms.

EMEA

  • Tencent has acquired an undisclosed stake in the privately-owned Swiss registered digital gaming company Miniclip.
  • Hassle-free “build your own app” startup AppMachine has announced a $15.2M funding round, with Web-hosting and domain registration behemoth Endurance International Group procuring 40 percent of the company’s shares.
  • Camel Audio, a London-based company known for its range of plug-ins, synthesizers, effects, and sound libraries, appears to have been quietly acquired by Apple.