Funding roundup - week ending 03/25/11

Ronny Kerr · March 25, 2011 · Short URL: https://vator.tv/n/1893

The biggest: Color raises an incredible $41 million from Sequoia and others before even launching

Seed-stage

Health care and technology industry hybrid HealthTap raised $2.35 million in a Convertible Note Seed financing led by Mohr Davidow Ventures.

Early-stage

8thBridge, which bills itself as a social commerce company, secured a $10 million Series B round led by Trident Capital, with help from existing investor Split Rock Partners.

Social gaming company A Bit Lucky raised $5 million in new funding from South Korean video game developer Nexon.

Color, a social photo app, raised $41 million from Sequoia Capital, Bain Capital and Silicon Valley Bank.

DotCloud, a second-generation PaaS company that helps developers deploy their apps, closed a $10 million Series A round led by Benchmark Capital and Trinity Ventures.

Inkling raised a significant round of funding from McGraw-Hill and Pearson, two of the largest educational publishers in the world.

Motista, an on-demand and Web-based consumer intelligence application for marketers, raised $4.5 million in Series A financing from El Dorado Ventures.

Social commerce site ShopSquad scored $1.25 million in angel financing from a group of Silicon Valley investors that make up the company’s advisory board.

Voxel, provider of hybrid cloud hosting and managed services, completed a Series A $5.5 million capital raise led by Seaport Capital.

Late-stage

InsideView, a company that bills itself as a "social sales and sales intelligence leader," closed a $12 million Series C round led by Foundation Capital.

Digital advertising company SocialVibe secured a $20 million round of equity financing led by Norwest Venture Partners.

Related Companies, Investors, and Entrepreneurs

SocialVibe

Startup/Business

Joined Vator on March 22, 2011

SocialVibe is a digital advertising technology company that provides the most effective form of brand advertising for some of the world’s top brands. Unlike ad networks that simply deliver impressions through display advertising, SocialVibe provides opt-in engagements that consumers can share across their social graph. SocialVibe enables advertisers to engage at a time when consumers are most motivated to participate in brand experiences, such as while playing a social game, donating to charity or accessing premium content. SocialVibe enables engagements on the Web and on mobile, reaching a universe of more than 200 million socially-connected global consumers. Visit www.socialvibe.com or check out twitter.com/socialvibeads.

DotCloud

Startup/Business

Joined Vator on March 22, 2011

DotCloud is a second-generation application platform company that lets you mix and match pre-configured software components. Unlike cloud infrastructure providers requiring you to configure, run, and manage everything yourself, DotCloud offers flexibility and control to quickly and easily deploy apps. With DotCloud, developers and IT managers can focus on developing instead of doing sys admin work. Based in San Francisco and funded by Benchmark Capital and Trinity Ventures, DotCloud was founded by Solomon Hykes and Sebastien Pahl in 2010. For more information on DotCloud, visit www.dotcloud.com.

Inkling, Inc.

Startup/Business

Joined Vator on April 1, 2008

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