Funding Roundup


Funding roundup - week ending 8/16/13

Apsalar, Looker, StyleSeek, Arkami, Cyvera, Roombeats, AnsibleWork, Sosh and Fab all raised money

Innovation series by Steven Loeb
August 16, 2013
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Seed Stage

Intuitive site search engine Swiftype raised $1.7 million in seed funding from Andreessen Horowitz Seed, NEA, Kleiner Perkins, and Ignition, along with angel investors Sam Altman, SV Angel, CrunchFund, Alexis Ohanian, Paul Buchheit, DST/StartFund, Garry Tan, Harj Taggar, Jared Kopf, William Morris Endeavor, Data Collective, Scribd founders Jared Friedman and Trip Adler, and Tikhon Bernstam.

Younity, which allows users to access their content  from one device to another, received $3.5 million in seed funding from Crosslink Capital, Draper Associates, PROfounders Capital, Lowercase Capital, Michael Birch, Tekton Ventures and Knight & Bishop.

Marketing startup 4th Aspect closed a new investment of £400,000 in seed funding from Angel CoFund, Rivers Capital Partners & Tweed Renaissance Investors Capital. 

Indian Big Data Biology company InterpretOmics raised $1.7 million from unnamed investors. 

Drync, a wine app developer, raised $900,000  from angel investors, including Mark Hastings, Jack Remondi and Andrew Moss.

Tapastic, a portal for comic books and visual stories, raised an additional $650,000 in seed funding from Adam D’Angelo, 500 Startups, and Strong Ventures.

ThirdLove, a  vertically integrated fashion brand, raised a $5.6 million funding round from investors including NEA, Andreessen Horowitz, Felicis Ventures, Novel TMT, Yuri Milner, Keith Rabois, Nasir Jones (NAS) & Emagen Entertainment, and others. 

eShares, which electronically issues and manages equity shares and options for private companies, raised $1.8 million from a group of investors that include Draper VC, Expansion VC, k9 Ventures, Elefund, Subtraction Capital, Scott Banister, XG Ventures, Kima Ventures, Andy Palmer and Structure Capital. 

E-commerce recommendations service StyleSeek has raised $750,000 from investors that included Cedar St Capital, Jumpstart Ventures, Padova Investments, Trebuchet Fund, and angels Jeff Cantalupo, Dave Hoover, Hunter Hillenmeyer, Sam Guren, Owen Shapiro and others.

Roombeats, which turns every image into an interactive display window, raised a €500,000 ($666,000) seed round from Creathor Venture and High Tech Gruenderfonds.

Speek, a conference call solution, secured $1.1 million in financing in advance of its Series A. The round was oversubscribed and led by existing investors.

Fashioholic,  which develops and deploys Fashion Serious Games, raised $1 million in seed funding. The funding came from private investors and micro funds.

Mobile social gaming and entertainment network Gramble World closed $2 million in seed funding from undisclosed investors. 

Punchh, a provider of mobile solutions for the restaurant industry, raised $3 million in venture capital funding from Cervin Ventures, Green Span Ventures, VKRM, Sandhill Group, Garnett Ventures, and multiple other leading Silicon Valley angel investors.

Sportsmanias, a real-time team news aggregator, raised $1 million from Mas Equity Partners.

Early Stage

Syntellia, the maker of the virtual keyboard app Fleksy, raised a $3 million Series A round from Highland Capital Partners, Kleiner Perkins Caufield & Byers, Middleland Capital and other institutional and angel investors. 

Online diet and fitness community MyFitnessPal raised $18 million in Series A funding, led by Kleiner Perkins Caufield & Byers, with help from Accel Partners., a subscription-based social feed and API, raised $2.5 million from Andreessen Horowitz.

InstaEDU, an online service for on-demand tutoring, closed a $4 million Series A financing led by Battery Ventures, along with The Social+Capital Partnership.

Fashion startup StyleSaint raised $4.3 million in Series A financing from General Catalyst Partners and e.Ventures.

Woofound, developer of an image-based personality platform, raised $2 million from the Propel Baltimore Fund, Heritage Capital, Vince Talbert and Charles Morris.

Looker, a Business Intelligence software company, raised $16 million Series A round led by Redpoint Ventures, with contributions from First Round Capital and previous seed-round investors.

AnsibleWorks, the company behind Open Source IT automation solution Ansible, raised a $6 million Series A round of funding led by Menlo Ventures.

Wearable tech company InteraXon raised $6 million in a Series A round of funding from OMERS and FFEC.

Arkami, creator of myIDkey, raised a $1.8 Million Series A round of financing from Gordon Clemons, McNeel Capital and Mark Swanson as well as a number of other veteran angel investors.

Travel startup Wanderu raised a $2.45 million Series A round from Alta Ventures Mexico, along with Jeff Clarke, Bill Kaplan and Semyon Dukach, amongst others.

In-app video ad platform Vungle raised a $6.5 million Series A round of funding led by Crosslink Capital with participation from Google Ventures, AOL Ventures, 500 Startups, SV Angel, Maynard WebbScott McNealyTim Draper, and others.


Late Stage

Tastemade, whose mission is to connect the world through food, raised $10 million in a Series B round led Raine Ventures, with help from Redpoint Ventures.

Fitbit, the creator of a line of mobile health devices, raised $43 in Series D funding from Qualcomm Ventures, SAP Ventures, SoftBank Capital, Foundry Group and True Ventures.

CRM software provider InsideView raised $19 million in a round led by Split Rock Partners, with participation from Emergence Capital, Foundation Capital, and Rembrandt Venture Partners.

Fresh meal kit provider Blue Apron raised $5 Million in a round of funding led by Bessemer Venture Partners. First Round Capital, along with other previous investors, also participated.

AvantCredit, an analytics-based online personal lender, raised a $20 million equity round led by August Capital and Victory Park Capital.

Digital media company Glam Media raised $25 million from Keating Capital, along with Hubert Burda Media. 

CloudPhysics, provider o intelligent operations management for virtualized workloads, closed $10 million in Series B funding led by Kleiner Perkins Caufield & Byers. The Mayfield Fund, Mark Leslie, Peter Wagner, Carl Waldspurger, Nigel Stokes, Matt Ocko and VMware co-founders also participated.

Activity concierge Sosh raised $10.1 million in Series B financing. Khosla Ventures led the round, along with Battery Ventures.

Mobile ad/reward network Kiip, which provides  rewards to casual mobile gamers for in-game achievements, raised an undisclosed amount of funding from American Express Ventures

CareCloud, provider of cloud-based practice management, electronic health records, and medical billing software and services, secured $9 million in Series B funding from Adams Street Partners.

Apsalar, a mobile advertising and analytics company, closed a $9 million Series B round of financing. The round was led by DCM, with participation from Correlation Ventures, Thomvest Ventures and DN Capital.

Cyvera, which provides cyber defense solutions to stop zero-day attacks, raised $11 million in venture capital funding led by Battery Ventures. Serial entrepreneurs Prof. Ehud Weinstein and Dr. Ofir Shalvi joined the round as well.

Design website Fab raised an additional $5M investment in its Series D financing round today. The latest investment comes from ITOCHU Corporation of Japan.

Change Healthcare, which provides consumer engagement and cost transparency in healthcare, closed a $15 million funding round, led by HLM Venture Partners, along with Noro-Moseley Partners, and includes all existing investors.

Tegile Systems, a  provider of hybrid storage arrays for virtualized server and virtual desktop environments, raised$35 million Round C funding led by Meritech Capital Partners with additional investment by August Capital and Western Digital.

SilkRoad, a global provider of cloud-based talent management solutions, raised $16 million. Investors include Foundation Capital, Intel Capital, Azure Capital Partners, Keating Capital and Crosslink Ventures.

VeliQ, the creator of the mobility Platform as a Service, closed a $9 million Series B round of financing. The round was led by Northcap, with T-venture participating. 

Restorando, provider of online restaurant reservations in Latin America, closed $13.3 million in Series B funding led by Flybridge Capital Partners. Emergence Capital Partners, Kaszek Ventures, Atomico, Storm Ventures and The Endeavor Catalyst Fund also participated. 

Related companies, investors and entrepreneurs

Glam Media
Description:   <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves /> <...
Description: Did I get enough exercise today? How many calories did I burn? Am I getting good quality sleep? How many steps and miles did I walk toda...
Description: Fab is on a mission to help people better their lives with design. Fab was founded by serial entrepreneur Jason Goldberg in February 2011...
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Description: Kiip lets premium brands provide rewards to casual mobile gamers for in-game achievements. Their platform is designed for in-game engagem...
eShares, Inc.
Description: eShares eliminates paper stock certificates and options by replacing them with a fully electronic workflow for the issuance, signing, an...
Description: Apsalar provides Mobile Engagement Management solutions for mobile apps. Mobile app marketers can acquire, analyze, and re-market to enga...
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