Funding Roundup


Funding roundup - week ending 6/20/14

Instacart, Saltside, Greycroft, Shasta, Algolia, ForgeRock, Puppet Labs, NIMBOXX, ProjectManager, Yo

Innovation series by Steven Loeb
June 20, 2014
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Seed stage, an that provides mini-relaxation sessions, raised $578,000 from Launch fund, AngelList syndicate, Matt Mullenweg, and Matt Cheng. 

Earshot, a location-based social media engagement and intelligence platform, raised $1.7 million in funding from Mohr Davidow Ventures, TriplePoint Ventures, Birchmere Ventures, Serra Ventures, Point B Capital and Centerboard Group.

Guesty, a property management service for Airbnb hosts, raised $1.5 million from Magma Venture Partners, Y Combinator and other angels 

Algolia, a provider of  a developer-friendly SaaS API for database search, raised $1.2 in seed funding led by Storm Ventures. Individual investors from Box, Eventbrite, Google, Microsoft and Stripe also participated.

Yo, an app thats sends a push notification that says, "Yo," raised $1 million in seed funding from co-founder Moshe Hogeg’s angel fund.

KEYPR, which provides a cloud-based management solution that integrates the hotel experience for both guests and hotel management, raised $1.3 million in seed capital from undisclosed investors. 

CozyCloud, a startup building an open-source platform for personal cloud storage, raised $1.1 million (£800,000).

CubeSensors, maker of air monitoring Cubes packed with smart sensors, raised a seed round from the founders of Bitstamp.


Early stage

IOCS, a provider of electronic contract processing technology, raised a £2 million Series A funding led by Notion Capital and supported by a group of specialist FinTech angel investors.

SIM Partners, a provider of local and social marketing automation SaaS technology, raised $8 million in funding led by River Cities Capital Funds and Jump Capital.

Mantis Vision, a developer of 3D enabling technologies and solutions, raised $12.5 million from Qualcomm Ventures, Flextronics Lab IX, Samsung Ventures and Sunny Optical Technology.

Advertising technology startup Appier raised a $6 million Series A round from Sequoia Capital.

VeloCloud Networks, a provider of Cloud-Delivered WAN, raised $21 million in funding from New Enterprise Associates, Venrock and The Fabric.

Email encryption startup Virtru raised a $6 million round of financing led by Bessemer Venture Partners (BVP), bringing the total raised to $10.3 million.

SavingGlobal, an online marketplace for savings accounts in Europe, raised €7.5 million in funding led by Index Ventures.

Walker & Co., the companty behind the Bevel, a shaving solution for men with coarse and curly hair, raised $6.9 million led by Andreessen Horowitz with participation from Upfront Ventures, Collaborative Fund, Daher Capital and Johnson + Partners.

BioCatch, a provider of behavioral biometric authentication and threat detection, raised a $10 million round led by Blumberg Capital and OurCrowd. Existing investors also participated in the round.

WeLab, a Hong Kong based  internet finance tech firm, raised $14 million in Series A funding from TOM Group and Sequoia Capital.

Bitcoin security platform BitGo raised $12 million in Series A financing led by Redpoint Ventures, with participation from Bridgescale Partners, Radar Partners, Founders Fund, Bitcoin Opportunity Corp., Liberty City Ventures, Crypto Currency Partners and A-Grade Investments.

Cloud software review management platform Review Trackers raised $2 million funding round led by CSA Partners, along with American Family Ventures, Jeff Rusinow, and SymphonyAlpha Ventures. 

Saltside Technologies, a classifieds platform aimed at emerging markets, raised $25 million from Investment AB Kinnevik.

NIMBOXX, creator of a hyper-scale computing model, raised $12 million in Series A funding from SMC Holdings., an online project management software for professionals, raised $3.5 million led by Zeus Management Limited.

Compliant Innovations, the company behind the DocSpera platform, raised an undisclosed amount of funding from investors that include Lifeforce Ventures and Attractor Ventures.

Galvanize, a network of urban campuses for entrepreneurs, raised $18 million in Series A funding from University Ventures Fund.

Rhiza, a provider of marketing analytics tools that make Big Data actionable for marketers and salespeople, raised$3 million led by Draper Triangle Ventures with participation from Arthur Ventures, and Camp One Ventures.

Cloud Elements, which offers a single API that can collaborate between multiple cloud service, raised $3.1 million in a Series A round of funding from Grotech Ventures, Icon Venture Partners, and Galvanize Ventures.


Late stage

Grocery delivery company Instacart raised $44 million in a Series B round of funding led by Andreessen Horowitz, with participation from Sequoia Capital, Khosla Ventures and Canaan Partners, as well as Aaron Levie and Sam Altman. 

Namely, a cloud-based human capital management platform, raised $4.7 million from True Ventures, Lerer Ventures, Bullpen Capital, and VaynerRSE, 

ClearCare, a software platform for home care agencies, raised an $11 million round led by Bessemer Venture Partners. Cambia Health Solutions, Voyager Capital, Qualcomm Ventures, and Harbor Pacific Capital also participated.

Kony, a provider of mobile and multichannel application platforms, raised $50 million in a round led by SoftBank Capital, with participation from Insight Venture Partners, Telstra Ventures, Georgian Partners, Delta-V and Hamilton Lane. 

HelloFresh, an e-Commerce service for cooking ingredients, raised $50 million in Series D funding led by Insight Venture Partners, with participation from Phenomen VC.

Zerto, a software-based platform for workload mobility, raised $26 million in Series D financing led by Harmony Partners, with participation from Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners.

Venture capital firm Bain Capital Ventures raised a combined $850 million for its two latest funds.

ThoughtSpot, a provider of search and data analysis, raised $30 million led by Khosla Ventures, along with Aaron Levie.

Ostrovok, a Russian accommodation booking startup, raised a $12 million financing round investment led by Vaizra Capital Russia.

Mobile couponing app Ibotta raised $20 million in Series B funding led by Jim Clark. Tom Jermoluk also participated. 

Clari, a mobile-first sales productivity platform, raised$20 million Series B funding round led by Bain Capital Ventures. Northgate Capital and Sequoia Capital also participated.

Chinese cloud provider UCloud raised $50 million in a round led by Bertelsmann Asia Investments and Legend Capital.

Later-stage venture capital firm Greycroft Partners closed on $200 million for its first growth fund.

Shasta Ventures, a boutique, early-stage venture firm, raised a $300 million fund, its fourth fund overall.

ForgeRock, an open platform provider of identity relationship management solutions, raised $30 million round led by Meritech Capital Partners, with Accel Partners and Foundation Capital also participating.

Puppet Labs, a provider of IT automation software, raised a $40 million round from Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Peak Partners, True Ventures and VMware.

Latino digital multichannel network MiTú raised $10 million in a funding round led by Upfront Ventures.

BucketFeet, a footwear and design startup, raised $3.7 million in funding led by Bridge Investments and Jumpstart Ventures, with participation from investors that included Levy Family Partners and Listen Ventures.

Lucid, which is behind the BuildingOS platform, raised $8.2 million led by Formation 8 Partners, along with Zetta Venture Partners.

ounterTack, which delivers real-time endpoint threat detection, context and visibility around targeted attacks, raised $5 million from Razor’s Edge Ventures.

Dynamic Yield, developer of a real-time website optimization and personalization platform, raised a $12 million Series B funding round led by Marker LLC, with participation from Bessemer Venture Partners, Innovation Endeavors, the New York Times Company and ProSiebenSat.1 Media AG.

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