What you need to know - 02/23/11

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

Financial trends and news by Ronny Kerr
February 23, 2011
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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 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.

Related companies, investors and entrepreneurs

Digital Chocolate
Description: Digital Chocolate is a developer of games and applications for mobile phones. Based in San Mateo, California, Digital Chocolate offers ma...
Description: BookRenter launched in 2008 and is dedicated to making education more affordable by allowing students to rent textbooks for u...
Description: SeatGeek forecasts the price of sports and concert ticket on the secondary market, analogous to what Farecast (now Bing Travel) does for ...
Description: AppSense, the leading provider of user virtualization solutions for enterprises, makes physical and virtual desktop deployment possible ...

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