Funding roundup – week ending 08/19/11

Seed-stage

drchrono closed an additional $650,000 in seed funding from prominent startup investor Yuri Milner, founder of DST Global, and venture capital firm General Catalyst.

Early-stage

Birchbox, which provides access to a high-end beauty subscription, closed a $10.5 million Series A round of funding led by Accel Partners.

Cinchcast, a service that allows businesses to create and share audio content, raised a $6 million round of Series B funding led by Guggenheim Partners.

Social stock market Empire Avenue locked in $1.2 million in funding led by Crosslink Capital, along with iNovia Capital and BioWare co-founders.

Kabbage, a provider of working capital for online merchants, secured $17 million in Series B funding, led by Mohr Davidow Ventures. Existing investors and several individuals also participated in the round.

peerTransfer, provider of global payment solutions for international education, closed a $7.5 million Series A financing round led by Spark Capital

QuickMobile, developer of mobile solutions for the meetings and events industries, secured $2.3 million in a combination of debt and equity from angel investors.

RelayRides, a peer-to-peer marketplace for car sharing, increased its total Series A.2 funding to $10 million, with the help of Shasta Ventures and entrepreneur and environmentalist Lisa Gansky.

Late-stage

Allocade, provider of technology solutions to coordinate care in hospitals, has raised $3.2 million, according to an SEC filing published this week.

Brighter.com, an online consumer resource that makes quality dental care accessible and affordable for the millions of uninsured Americans, secured $8 million in Series B funding led by Benchmark Capital.

Buddy Media, provider of social media management software, raised $54 million in Series D funding from a group of leading late-stage investors.

GoodData, provider of a cloud business intelligence (BI) platform, closed $15 million in new venture financing, bringing the total raised to date to $28.5 million.

Socialware, provider of social media compliance and engagement, secured $7 million in Series C funding led by Morgan Stanley Expansion Capital.

Thought Equity Motion, provider of video platform and footage licensing services, closed a $25 million investment from Shamrock Capital Advisors.

China fashion e-tailer Xiu.com raised $100 million worth of joint funds from US private equity fund Warburg Pincus and venture capital KPCB China.

Zoove closed a $15 million round of Series D funding led by new investor Panorama Capital. Existing investors also participating in the round included: Cardinal Venture Capital, Highland Capital Partners, and Worldview Technology Partners.