Funding Roundup


Funding roundup - week ending 5/2/14

Blue Apron, Understory, Mig33, Trippy, Tidemark, SOLS, Brightpearl, LendUp, Youku Tudou, Kamcord

Innovation series by Steven Loeb
May 2, 2014
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Seed stage

Halo, a company that is developing a wearable device to “boost brain function," raised $1.5 million in a round led by Marc Andreessen and Jeff Clavier.

Waggl, a communication and crowdsourcing startup, raised $1.1 million in seed funding from individual investors Jeff Snipes, Robert Hohman, Joe Abrams, James Gutierrez, Ignace Goethals, and Rob Bernshteyn.

Liquid, an app analytics and personalisation startup, secured $1 million in seed funding from Faber Ventures and Portugal Ventures.

Photo backup service Shoebox raised a $1.2 million seed round led by BDC Venture Capital, along with angel investor Mario Pozzuoli.

Electric Objects, which is developing Internet-connected displays, raised $1.7 million led by RRE Ventures and First Round Capital, with participation from SV Angel, Dennis Crowley, Alberto Ibarguen, Scott Belsky, Kal Vepuri, Scott Birnbaum, Rich Greenfield, Matt Witheiler, Betaworks, Strauss Zelnick, Nate Westheimer, and Alex Rosen.

Augment, an app that allows users to visualize products in augmented reality, received $1.5 million in funding from  unidentified investors. 

Understory a provider of weather sensor hardware and data networks, closed $1.9 million in seed funding led by True Ventures, with participation from RRE Ventures, Vegas Tech Fund, SK Ventures and Andrew C. Payne.


Early stage

Tresorit, a secure cloud storage and sharing service, raised $3 million in Series A funding from Euroventures, Andreas Kemi and Marton Szoke.

URX, a mobile deeplinking provider, raised a $12 million Series A led by Accel Partners with First Round Capital, Google Ventures and SV Angel participating.

MakeSpace, an on-demand storage provider, raised $8 million in Series A funding led by Upfront Ventures, with participation from Founders Fund, OATV, Lowercase Capital, High Peaks Venture Partners, and Collaborative Fund.

Tealium, an enterprise tag management solution, raised $20 million in a round led by Silver Lake Waterman.

EVRYTHNG, a Web of Things software company, raised a $7 million Series A investment round from Atomico, BHLP LLC, Dawn Capital and Cisco.

ZeroFOX, a provider of solutions that combat social cyber attacks, raised $10.7 million in Series A funding led by New Enterprise Associates, with participation from Genacast Ventures, Core Capital and the State of Maryland.

Online moving company Moveline raised a $3 million Series A round led by ff Venture Capital, with participation from Vegas Tech Fund, Tony Hsieh, and Quotidien Ventures, as well as existing investors.

Social travel planning service Trippy raised $3.5 million in Series A funding led by eVentures. True Ventures and Sequoia Capital also participated.

Tidemark, provider of cloud-first business planning and enterprise analytics solutions, raised $32 million from Silicon Valley Bank, Greylock Partners, Andreessen Horowitz, Redpoint Ventures and Tenaya Capital. 

SOLS, maker of 3D printed custom orthotics, raised a $6.4 million round of funding led by Lux Capital. Founders Fund, RRE Ventures, Rothenberg Ventures, Felicis Ventures, FundersGuild and Grape Arbor VC also participated.

Brightpearl, a cloud-based multi-channel retail management system, raised $10 million in a funding round led by MMC Ventures, with Quayle Munro, Eden Ventures and Notion Capital also participating. 

Kamcord, which helps players record and share video game playing, raised $7.1 million in a round led by TransLink Capital, with SV Angel, DeNA, KLab, M&Y Growth Partners, Innovation Works, XG Ventures, and Mark Williamson also participating. 

E-book deals service BookBub raised $3.8 million in a round led by NextView Ventures and Founder Collective, along with Avalon Ventures and Bloomberg Beta.

CloudGenix, a company that virtualizes enterprise networks, received $9 million in Series A funding from Charles River Ventures and Mayfield Fund. 

Portfolio management company Aviso raised $8 million in Series A funding led by Shasta Ventures, First Round Capital, Cowboy Ventures, Bloomberg Beta, Subrah Iyar, Dave Hersh and Ron Gill.

Vorstack, aprovider of enterprise security products, raised a $5.2 million round of funding led by Glenn McGonnigle and Tom Noonan, along with EMC Ventures and Aligned Partners.


Late stage

Apigee, a provider of an API platform, raised $60 million from Pine River Capital Management, Wellington Management Company, Norwest Venture Partners, Bay Partners, Third Point LLC, SAP Ventures, funds managed by BlackRock, Focus Ventures, and Accenture.

Doximity, a  network for physicians to share information, raised a $54 million Series C round co-led by DFJ and T. Rowe Price, with participation from Morgan Stanley.

App performance solution New Relic raised $100 million from funds that are affiliated with BlackRock, Inc. and Passport Capital with T. Rowe Price Associates, Inc. and Wellington Management also participating.

 Equity-crowdfunding platform OurCrowd raised a $25 million Series B round from Geoff Levy and Andrew Heyer, along with other, undisclosed, investors. 

Local discovery shopping network Wanderful Media raised $14.5 million from existing investors.

Social media management system Sprinklr raised $40 million a round led by ICONIQ Capital, with Battery Ventures and Intel Capital also participating.

Undo Software, a provider of solutions for reversible debugging of Linux and Android software, raised $1.25 million from backers within the Cambridge Angels group, along with Jaan Tallinn., a cloud-based sales acceleration technology company, raised $100 million led by Polaris Partners, along with Kleiner Perkins Caufield & Byers, Acadia Woods, EPIC Ventures, and Zetta Venture Partners, Hummer Winblad and U.S. Venture Partners. Individual investors, including Fraser Bullock, also participated.

Cloud-storage solution CertiVox, raised $8 million in Series B funding from NTT DOCOMO Ventures and Octopus Investments.

Farfetch, a global e-commerce site for independent boutiques, raised $66 million, in a round led by Vitruvian Partners. Condé Nast International, Advent Ventures and Richard Chen also participated. 

PunchTab, an omni-channel engagement and insights platform, raised $6.25 million led Mohr Davidow Ventures. 

Ambri, developer of an electricity storage solution, closed a $35 million round from KLP Enterprises and Building Insurance Bern, as well as Khosla Ventures, Bill Gates and Total. 

Online food subscription delivery service Blue Apron raised $50 million in a round led by Stripes Group, with Bessemer Venture Partners and First Round Capital also participating. 

Project Goth Inc, the company behind social entertainment platform company Mig33secured a $2.2 million investment from FIH Mobile Limited.

Payday loan disruptor LendUp raised a $50 million credit debt facility from Victory Park Capital.

E-commerce giant Alibaba invested $1.22 billion into Chinese video service Youku Tudou, for a 16.5% stake.

Orbotix, make of robotic toys that can be controlled with smartphone apps, raised $20 million from unknown investors. 

Lecorpio, a provider of cloud-based Intellectual Property (IP) management and analytics, raised $10 million in Series B funding led by M2O. 

EnergySavvy, a provider of energy efficiency cloud solutions to utilities and state programs, raised $7 million in funding led by Prelude Ventures, with participation from previous backers including Pivotal Investments. 

PayScale, a cloud compensation data company, received a $100 million investment from an affiliate of Warburg Pincus for a majority stake in the company.

Related companies, investors and entrepreneurs

Description: Doximity is the largest and fastest growing verified network for physicians. It’s a secure place for doctors to collaborate with ea...
Description: Founded in January of 2011 by YouSendIt founder Ranjith Kumaran and early YouSendIt team member, Mehdi Ait Oukfir, PunchTab is the world'...
Description: Mig33 is a mobile download application that brings a potent mix of social networking, IM and VoIP features to your mobile phone. Any mobi...
Wanderful Media
Description: With access to almost 100 million unique visitors per month throughout its network, Wanderful Media is helping retailers by eng...
Description: PayScale is a market leader in global online compensation data. With the world's largest database of individual employee compensation pro...
Description: Apigee helps businesses develop, deliver and manage APIs and the applications or "apps" built on them. Apigee's flagship product is Apige...

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