Funding roundup - week ending 07/08/11

Ronny Kerr · July 8, 2011 · Short URL: https://vator.tv/n/1c86

Lots of early-stage and seed-stage startups, but only one major late-stage company

Seed-stage

Mobile advertising company Kickanotch Mobile raised a $500K seed round led by six angel investors.

Nestio, trying to make it easier to find apartments, raised a $750,000 seed funding round led by Quotidian Ventures, with participation from several angel investors, including Joanne Wilson, Rick Webb, Josh Auerbach, and David Tisch.

Student Q&A forum Piazza raised $1.5 million in seed funding from Sequoia Capital, Felicis Ventures, Kapor Capital, and SV Angel.

 

Early-stage

BlueCava, improving online advertising and fighting fraud, raised $1.5 million in debt funding.

Clean Urban Energy (CUE) raised a $7 million Series A funding round led by Battery Ventures and Rho Ventures.

 

 

 

Cloud computing provider CloudShare closed a $10 million funding round led by Globespan Capital Partners and joined by existing investors Sequoia Capital, Charles River Ventures and Gemini Israel Funds.

 

dealisedDealised, provider of a group buying platform, raised S$6.5 million (US$5.3 million) in a Series A funding round led by SingTel Innov8.

 

HitFix, an entertainment news and local events hub, closed a $2 million investment round led by Golden Seeds with participation from Tech Coast Angels.

Motif Investing, for those who want to invest in ideas, which closed a $6 million Series A round led by Norwest Venture Partners and Foundation Capital.

 

 

PetFlow.com raised a $10 million Series B round of funding led by LightSpeed Venture Partners.

 

Motion sensor technology developer Qualtre raised a $10 million round of funding from existing investors Matrix Partners and Pilot House Ventures, bringing the company’s total funding to $23 million to date.

 

Virtustream, provider of cloud services and next generation infrastructure solutions, raised $10 million of Series B round financing to complement the company’s previous Series A round for a total of $59 million in equity capital raised to date.

 

Late-stage

LightSquared, the first open, nationwide, wholesale-only 4G-LTE broadband network, raised $265 million in a round of funding led by new and existing investors, bringing the company’s total raised over the last year to $2.3 billion.

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