What you need to know - 02/23/11

Ronny Kerr · February 23, 2011 · Short URL: https://vator.tv/n/1760

AppSense, BookRenter, Digital Chocolate and more all raising new rounds

User virtualization company AppSense raised a $70 million first round of funding led by Goldman Sachs.

 

 

Online textbook platform Bookrenter received $40 million in Series C financing from new and existing venture partners Adams Capital Management, Comerica Bank, Focus Ventures, Lighthouse Capital Partners, Norwest Venture Partners, and Storm Ventures.

Social game developer Digital Chocolate secured $12 million in a Series D round of funding led by Intel Capital, with help from existing investors Sutter Hill Ventures and Bridgescale Partners.

 

The worldwide transaction value of mobile payments, which reached $162 billion last year, will total $984 billion by 2014, according to a forecast from Yankee Group, an IT research and analysis company.

Emdigo raised $1.1 million in a round of financing led by Javelin Venture Partners, bringing the startup's total raised to more than $7 million

Mint.com launched a new upgrade for its "Get out of debt" Goal feature, which allows users to create concrete payment plans for eliminating credit card and loan debt.

SeatGeek, a ticket search site for sport, concert and theater events, raised a strategic investment from celebrity-turned-angel Ashton Kutcher and Guy Oseary through their investment fund A-Grade Investments. 

Social media management platform Sprout Social, completed $10 million in Series B venture funding led by New Enterprise Associates (NEA).

Today's featured entrepreneur is Kyle Roberts, CEO and founder of Kade Elements. Kyle is good at project development, technology design, and marketing management.

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SeatGeek

Startup/Business

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SeatGeek forecasts the price of sports and concert ticket on the secondary market, analogous to what Farecast (now Bing Travel) does for airline tickets. For ticket buyers this helps determine whether to buy a ticket immediately or wait for a price drop. For sellers it helps identify the optimal time to unload their tickets.

SeatGeekā€™s crawlers have compiled millions of ticket transactions and have also aggregated other factors that influence prices. SeatGeek's patent-pending technology uses this data to accurately predict prices.

SeatGeek offers a free version for buyers and will soon release a premium version for brokers and other sellers.

Digital Chocolate

Startup/Business

Joined Vator on

Digital Chocolate is a developer of games and applications for mobile phones. Based in San Mateo, California, Digital Chocolate offers many of the world's most popular games including Scarlotti's Mafia Wars 2, Mobile League WordJong, Bubble Ducky, and Johnny Crash. Digital Chocolate products are available through more than 200 operator and distribution partners, including Cingular, Orange, Sprint, T-Mobile, 3, Verizon Wireless, and Vodafone in over 60 countries worldwide.

AppSense

Startup/Business

Joined Vator on

AppSense, the leading provider of user virtualization solutions for enterprises, makes physical and virtual desktop deployment possible by ensuring a seamless user experience across all delivery platforms. AppSense accelerates multi-platform desktop deployments by eliminating costly user management tools, enabling single-image application delivery, and ensuring users have the same experience from any desktop. AppSense technology is used around the world by companies such as JPMorgan Chase, Lowes, United Airlines, Wachovia and ESPN. AppSense has offices in New York and San Jose in the US, London and Manchester in the UK, and additional offices in Munich, Melbourne, Amsterdam, Paris and Oslo.

BookRenter

Startup/Business

Joined Vator on

BookRenter launched in 2008 and is dedicated to making education more affordable by allowing students to rent textbooks for up to 75% off the retail price. BookRenter's innovative pricing and operating systems provide students with the best price, highest quality books, and most flexible rental experience available today. Currently carrying over 3 million titles and serving thousands of students on over 5,000 U.S. campuses, BookRenter is one of the fastest growing startups in Silicon Valley, growing at over 400% each year. BookRenter, with offices in San Mateo, California, is a private company that is funded by prominent Silicon Valley venture capital firms. To learn more about how to use BookRenter for all of your textbook rental needs, please visit http://www.bookrenter.com.

 

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Kyle Roberts

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