Funding Roundup


Funding roundup - week ending 8/15/14

BuzzFeed, FoodPanda, Traitify, Greenhouse, AuditFile, AdStage, RelayRides, Lookout, Axial, Zubie

Innovation series by Steven Loeb
August 15, 2014
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Seed stage

Beautified, a booking app for last minute hair and beauty appointments, raised $1.2 million in seed from NEA, Manzanita Capital, Carmen Busquets and various angel investors.

Indian Bitcoin service provider Unocoin raised $250,000 in a seed funding round from Barry Silbert. 

Conversion Logic, a provider of analytics for video ads, raised $1.1 million from investors that included Brian Baumgart, Kim Perell, Evan Rifkin, and Clark Landry.

Beacon transmitter company Ifinity raised an undisclosed amount of seed fundinf from SpeedUp Venture Capital Group.

Vadio, a distribution platform for music video content and online ads, raised $2 million in seed funding from Ed Wilson, Robin Richards, Marc Geiger, Irwin Federman, Mucker Capital and Amplify.LA.

Virtual infrastructure management company StrataCloud raised $2 million from Hallett Capital and BLH Venture Partners.

Digital textbook rental service Packback raised $1 million from Mark Cuban, along with Howard Tullman, Mark Achler, Mark Tebbe, Rishi Shah, and several other angel investors.

Education software provider FreshGrade raised $4.3 million in seed funding from NewSchools Venture Fund, Emerson Collective, Accel Partners and Social Capital.

Bearch, the company behind anonymous photo-sharing app Unseen, raised $2.1 million in seed funding from Dirk Elmendorf, Rony Kahan, Doss Cunningham, and several other angel investors.

OKpanda, a language learning app that helps those living in Asia learn, raised a $1.6 million seed funding round led by Resolute Ventures, woith East Ventures, Beenos, Innovation Endeavors, Kapor Capital, 500 Startups and angels including Matthew Romaine and Jonathan Swanson  also participating.

Early stage

Personality mining platform Traitify raised $4 million in a Series A funding from Heritage Capital, Charles Morris, Thomas Hitchner and other individual investors.

AuditFile, which helps CPA firms run more efficient auditsraised $3 million in a round led by Banneker Ventures, along with Tim Draper, Nas, Rothenberg Ventures, and Ray Tonsing.

Greenhouse, a provider of recruiting performance improvement systems, raised a $7.5 million series A led by Social+Capital Partnership. 

Ad management platform AdStage raised $6.25 million in Series A funding from Verizon Ventures, Digital Garage, Newbury Ventures, Freestyle Capital, Chris Noble and Neal Dempsey.

Zubie, a connected car company, raised $8 million in a round led by NGP and Magna International, with Castrol innoVentures, Comporium and OpenAir Equity Partners also participating. 

CyberLightning, a big data platform provider, raised $4.2 million from Inventure, TEKES, the Finnish Funding Agency for Innovation, and EU-sponsored funds.

Private cloud startup Platform9 raised $4.5 million in Series A funding from Redpoint Ventures.

Social music discovery company Muzooka raised $3 million in a Series A-1 round from unnamed investors.

Weddington Way,  an online boutique for brides and their wedding parties, raised $9 million in a Series A round led by Javelin Venture Partners, with  Battery Ventures, Felicis Ventures and Trinity Ventures also participating. 

Coffee subscription service Pact Coffee raised a £2 million Series A round led by MMC Ventures, with Connect Ventures, Ian Hogarth, Robin Klein and Rowan Gormley also participating. 

Bizzabo, a networking platform and event app, raised $2.5 million in funding from Kaedan Capital, AfterDox, OurCrowd and Massa Group. 

Predictive analytics platform EverString raised $12 million in Series A funding led by Lightspeed Venture Partners, with participation from Sequoia Capital and IDG Ventures. 

Selection management platform Hireology raised a $10 million round of Series B funding from Bain Capital Ventures.

Acupera, a provider of population health and workflow technology for health systems, raised $4 million from Lightspeed Venture Partners and The Whittemore Collection.

RadPad, a mobile rental marketplace, raised $2 million led by SG VC with participation from Social Leverage, Michael Huffington, Queensbridge Venture Partners and Happy Walters.

TelePharm, a digital healthcare company, raised a $2.5 million Series A funding round led by John Pappajohn and Bruce Rastetter.

GoGoVan, which connects van drivers and users for on-demand delivery services, raised a $6.5 million Series A led by Centurion Private Equity.

DataRobot, a cloud service for comparing algorithms for building predictive models, raised $21 million led by New Enterprise Associates, with tlas Venture, IA Ventures, and New York Life Insurance Co. also contributing. 


Late stage

Online news aggregator and media website BuzzFeed raised $50 million in funding from Andreessen Horowitz.

Online takeout ordering platform FoodPanda raised $60 million from existing investors, including Falcon Edge Capital and Rocket Internet AG.

Mobile security company Lookout raised a $150 million round led by investment funds managed by T. Rowe Price Associates, and includes participation from Morgan Stanley Investment Management, Wellington Management Company, Goldman Sachs, Bezos Expeditions, Mithril Capital Management, Khosla Ventures, Accel Partners, Index Ventures and Andreessen Horowitz.

Axial, a network for professionals who run private companies, raised $11 million in a Series B funding led by Comcast Ventures, along with Redpoint Ventures and First Round. Select Axial members also joined the new round, including Thomas W. Courtney, Jr.

Windsor Circle, a customer retention software company, raised $5.25 million in Series B financing led by Comcast Ventures, with IDEA Fund Partners, Triangle Angel Partners and Steve Case also participating. 

ATHOS, which offers a wearable technology that is fully integrated in workout clothing, raised $12.2 million in a Series B round led by DCM, with participation from True Ventures, Joe Lacob, Jermaine O’Neal and The Social+Capital Partnership.

Electric Imp, a platform for connecting devices to the Internet, raised $15 million in Series B funding from Foxconn Technology Group, PTI Ventures, Rampart Capital, Redpoint Ventures and Hugo Fiennes.

Peer-to-peer car rental service RelayRides raised $10 million from Canaan Partners, August Capital, Google Ventures and Shasta Ventures. 

Online-education startup Desire2Learn raised $85 million from existing investors, including NEA, as well as new investors, including Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group and Aurion Capital.

Luminal, a developer of next-generation solutions for cloud operations and management, raised a $10 million Series B financing round, led by New Enterprise Associates, with Core Capital Partners and the Maryland Venture Fund, also participating,

DripDrop, a medical-grade rehydration solution, raised a $5.6 million round from investors that include funds affiliated with owners of the San Francisco 49ers, Seth Taube, Sammy Hagar, Joe Satriani, and Bob Weir.

Consumer taxi app GetTaxi raised $150 million from Vostok Nafta Investment, among others., a framework for developers to build apps with 3D physics-driven animation, raised $25 million in a round led by Insight Ventures and Javelin Venture Partners.

Fiverr, an online services marketplace, raised $30 million in Series C funding from Bessemer Venture Partners, Accel Partners and Qumra Capital. 

360fly, a single-lens camera and software platform that captures stitch-less 360-degree video, raised$17.8 million Series B financing round led by Catterton, with Qualcomm Ventures, Voxx International, and Steve Altman.

Nasuni, a provider of enterprise storage as a service, raised $10 million from Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners, as well as a strategic investor.

Navent, a real estate and jobs classifieds company, raised $20 million Series C round of funding from Riverwood Capital.

Related companies, investors and entrepreneurs

Description: Traitify is disrupting the market of personalization by providing a platform upon which personality can be applied in a visual, mobi...
Description: Bizzabo helps professionals discover new business opportunities at meet-ups and conferences and enables event organizers to engage more e...
Description: Name of the company
Description: Name of the company
Description: AdStage is an all-in-one self-serve online advertising platform to manage Google, Bing, Facebook & LinkedIn ad campaigns in one pla...
Description: Find Buzz: We show you what’s buzzing on the web. Our technology, human editors, and trend spotters help you find your new favorite thing...

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