Funding roundup - week ending 06/10/11

Ronny Kerr · June 10, 2011 · Short URL: https://vator.tv/n/1b75

Online video, marketing 2.0 and travel make big shows this week

Seed-stage

EDITD, provider of automated retail monitoring and analytics for the fashion industry, raised a $1.6 million seed round led by Index Ventures.

Pusher raised $1 million in seed funding led by Passion Capital, with participation from the Heroku founders, angel investor Bill Lee, MI Ventures and Greg Marsh (formerly of Index Ventures).

Social news site XYDO raised a $1.25 million round of seed funding led by EPIC Ventures, with contributions from several angel investors.

 

Early-stage

 buuteeq, a Digital Marketing System (DMS) for independent hotels, closed a $3.5 million Series A investment round led by angel investors Mike Galgon and Geoff Entress led the round, along with Benaroya Capital Company and other angels.

Embedly raised another $450,000 from Howard Lindzon, Social Leverage, Venture 51, Adam Schwartz; and a follow-on investment from Betaworks and Chris Sacca. Adam.

Infineta Systems, a provider of Hyper-scale WAN optimization systems, closed a $15 million Series B funding round led by Rembrandt Venture Partners, with participation from Alloy Ventures and North Bridge Venture Partners.

JouleX, provider of enterprise energy management systems for data centers, distributed office environments, and facilities, received $17 million in investment capital from new investors Sigma Partners, Flybridge Capital Partners and Intel Capital, in addition to existing investors Target Partners and TechOperators.

MovieClips, the Pandora for short-form movie clips, filed an SEC form for $6 million in equity financing out of a total $7 million sought.

Room 77, a search engine for personalized hotel room recommendations, raised $10.5 million in a Series B round led by General Catalyst Partners, with participation from existing institutional and angel investors PAR Capital Managment, Sutter Hill Ventures, Felicis Ventures, Rich Barton (founder of Expedia and Zillow) and Erik Blachford (former president of IAC travel).

 

Sapato.ru, a Russia-based online shoe retailer, raised $12 million led by Intel Capital, with participation from existing investors Direct Group, eVenture Capital Partners and Kinnevik.

Just-launched online advertising platform Taykey closed $9 million in Series B Funding from Sequoia Capital, Softbank Capital and Crescent Point.

 

VideoGenie, a startup that curates customer-generated video, raised a $2 million Series A of venture financing led by Blumberg Capital. Previous investors, including Google Chairman Eric Schmidt’s Innovation Endeavors, also participated.

Virsto Software, developer of software for virtual machine storage, raised $12 million in a Series B round of funding led by InterWest Partners, with participation from previous investors August Capital and Canaan Partners.

Stealth startup WayIn raised $6.4 million.

 

 

Late-stage

Birch Communications, an IP-based telecommunications and managed services provider to small- and medium-sized businesses, secured a $77.5 million finance package to repay outstanding indebtedness, fund future acquisitions, fund network build-out and for general corporate purposes.

 

Coupons.com, provider of digital coupons, received an investment of $200 million from institutional investors, said to value the company at $1 billion.

 

eWise, a global payments and online financial management solutions provider, closed a $14 million financing round, led by venture capital firm Wellington Partners. Previous investors also participated in this round, including Balderton Capital, TTV Capital and Patagorang.

 

Custom men’s clothing company J. Hilburn raised a $5 million Series C round.

Rally, provider of Agile application lifecycle management (ALM), secured $20 million in funding led by Meritech Capital Partners.

 

 

Prosper.com, a social lending marketplace that brings together creditworthy borrowers with individual and institutional investors, raised over $17 million in funding from new investors Draper Fisher Jurvetson, Crosslink Capital and others.

ServiceMax, a suite of cloud-based, collaborative and mobile field service applications, raised a $14 million round of Series C funding led by Mayfield Fund.

Violin Memory, provider fast and scalable memory arrays, raised a $40 million Series C funding round which includes existing strategic investors and new cross-over public market investors.

YapStone, provider of Electronic Payments as a Service (ePaaS) for property management and other vertical market segments, raised a $50 million minority investment led by Accel Partners.

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