Here’s a roundup of some companies in the mobile, video, digital media,
social network, and advertising sectors that raised money this past
week.
Fitbit raised a healthy $2 million round from True Ventures and SoftTech VC, according to CNET. Fitbit is a wireless miniature device that tracks your movement, calorie intake, and sleep to meet your fitness goals.
BlackArrow Inc. secured $20 million from Cisco Systems, Inc., Comcast Interactive Capital, Intel Capital, Mayfield Fund
and Polaris Venture Partners, according to a press release.The San Mateo, California-based advertisement-technology company provides multiplatform ad-management for viewer-controlled video.
Oberon Media Inc, a casual gaming company, received $20 million from the Infinity I-China Fund, according to CNet.The casual gaming platform’s headquarters are based in New York with office locations around the world. Oberon Media is known as “the world’s top provider of game solutions”.
Kineto Wireless Inc. raised $15.5 million from Oak Investment Partners, Sutter Hill Ventures, Venrock, Seapoint Ventures and
InterDigital according to a press release. The California-based company enables mobile operators to harness the power of the
Internet to lower service delivery costs while improving service performance.
Intrepid Equity Finance Ltd. raised a $12 million
financing package for SCI Ltd. according to Marketwire. The round came from VentureLink Funds and RBC. SCI is the leading provider of leads management solutions to the North American
automotive industry. Intrepid Equity Finance Ltd. specializes in advising and investing in growth
companies.
Trilibis Mobile Inc. raised $5.7 million from Altos Ventures and ATA Ventures, according to a press release. The San Mateo, California-based start up is the leading publisher of interactive network applications for mobile phones.
Savings.com secured $4 million from US Venture Partners, according to VentureWire. The Santa Barbara, California-based company that lets shoppers search for coupons and discounts on the Web.
Appssavvy Inc., a direct sales team for social-media applications raised $3.1 million from True Ventures, according to a press release. The New York-based start up provides advertisers with targeted media opportunities reaching an audience of more than 50 million unique online consumers enjoying social media applications.
ReverbNation raised $3 million from ETF Venture Funds, Novak Biddle Venture Partners, and Southern Capitol Ventures, according to a press release. The promotional technology company is a marketing platform for record labels, performing artists, and venues.
