Early-stage
Illume Software, developer of a mobile app (iZUP) designed to prevent distracted driving, secured $2.4 million in new funding from the Massachusetts Technology Development Corp. (MTDC) and prominent individual investors. Also participating are previous investors Tower Capital Partners and Rudyard Partners. Illume has raised $6.5 million to date.
Jumio, an online and mobile payment solution, closed a $6.5 million Series A round of funding led by Eduardo Saverin, co-founder of Facebook and private investor.
Pricelock, a company offering online fuel hedging and price protection for businesses across the U.S. that rely on fuel, raised over $12 million in Series B financing from Barclays, Renaissance Holdings Ltd., and others.
Spigit, provider of collaborative innovation management software for the enterprise, raised an equity investment of $10 million from Warburg Pincus, resulting in $26 million in funding overall since inception.
Late-stage
Automated social marketing solution Genius.com raised a Series E round led by Emergence Capital with help from existing investors Mohr Davidow Ventures, Accel Partners, and Deep Fork Capital.
Just-Eat, an online takeout ordering service, raised a $48 million round of funding co-led by Greylock Partners and Redpoint Ventures with substantial support from existing investor Index Ventures.
