Funding roundup - week ending 04/01/11

Ronny Kerr · April 1, 2011 · Short URL: https://vator.tv/n/18cc

No April Fool's jokes here, just good old funding for up and coming startups

Early-stage

 Apperian, provider of mobile application management solutions, closed a $9.5 million round of venture financing, with investments from North Bridge Venture Partners, Bessemer Venture Partners, Kleiner Perkins Caufield & Byers’ (KPCB) iFund, CommonAngels and LaunchCapital.

Open app marketplace Appia secured a $10 million investment from Venrock.

 

Bubble Motion, provider of a service that's like "Twitter with a voice," has raised $10 million in new funding led by SingTel Innov8 with participation from Singapore’s Infocomm Investments, Sequoia Capital, Palomar Ventures and NGC.

CertiVox, a new information security company, received £900,000 ($1,460,000) in Series A funding from Pentech Ventures, which led the round, and Octopus Investments, both based in the UK.

Cheapflights Media completed an investment in the travel meta-search site momondo.com and its parent company Skygate International.

 

GameSalad, developer of a free game creation tool, raised $6.1 million in Series B funding led by Steamboat Ventures, with participation from Greycroft Partners, DFJ Mercury, DFJ Frontier and ff Asset Management.

Games2win, a Mumbai, India-based online gaming company, raised a $6 million Series B round of funding from Clearstone Venture Partners and Silicon Valley Bank (SVB India Capital Partners.

Email ad network ividence raised a $4.2 million round of financing from A Plus Financing. The new funds will be used to power ividence's international expansion and hiring efforts.

Limos.com raised $10 million from Austin Ventures and released its new corporate travel management product, Limos.com for Business.

 LivingSocial has raised an additional $2.9 million in equity funding, according to an SEC form filed Monday by LivingSocial's parent company Hungry Machine.

 

Social gaming developer MegaZebra raised a multi-million-euro investment from Doughty Hanson Technology and previous backer Kizoo Technology Ventures.

 

Message Bus, message delivery for the next generation, completed a $3 million Series A financing with True Ventures.

Newsy, a mobile news video site, raised $1.5 million in funding from an unnamed St. Louis-based private equity firm.

 

OfficeDrop raised a $1 million round of angel funding led by White Owl Capita, for the company’s digital filing and scanning software.

Prolexic Technologies, an IT security provider of cloud-based cyber defense solutions, completed a $13.9 million financing led by Kennet Partners, a leading technology growth equity investor.

 

Qwiki, the rich media site that seeks to “forever improve the way people experience information," added another $1 million to its previous $8 million Seres A round, bringing the company's total raised to $10.5 million.

Sundrop Mobile, boosting customer loyalty for client companies, closed a $900,000 Series A funding round, led by Vocap Ventures.

Startup incubator TechStars raised $8 million in new funding for its programs in Boston, Boulder, New York, and Seattle. The new funding comes from more than fifty venture funds and over 25 individual angel investors.

 

 

Upstream Commerce, provider of a cloud-based pricing and product analytics solution for online retailers, raised $1.25 million in funding from YL Ventures,

Visible Technologies, provider of "social intelligence" solutions, secured $6 million in financing from existing investors Investor Growth Capital (IGC), Centurion Holdings, Ignition Partners, In-Q-Tel and WPP.

Late-stage

Online video advertising company Adap.tv closed $20 million in Series C financing led by Bessemer Venture Partners, with participation from existing investors Gemini Israel Funds, Redpoint Ventures and Spark Capital.

Aerohive Networks, provider of controller-less Wi-Fi and cloud-enabled networking, raised an additional Series D round of $25 million in financing.

 

Video ad technology company TidalTV raised more than $30 million in financing led by New Enterprise Associates with participation from Comcast Interactive Capital and Valhalla Partners.

Free website builder Wix raised $40 million in Series D funding led by Insight Venture Partners and DAG ventures, with Benchmark Capital, Bessemer Venture Partners and Mangrove Capital Partners participating.

Related Companies, Investors, and Entrepreneurs

Techstars

Angel group/VC

Joined Vator on

TechStars is a different. It’s a mentorship-driven seed stage investment fund located in Boulder, Colorado which is quickly becoming one of the country’s top startup hubs.

Visible Technologies

Service provider

Joined Vator on

Visible Technologies is a leading provider of online brand management solutions for companies and individuals in today's rapidly changing new media environment

 

We provide our customers with high-value strategic solutions supported by proprietary world-class technology and measurable results. Whether it's building or managing reputations across popular search engines, or helping companies track and participate in influential consumer created content channels, we empower brands to do more online to build their businesses and bottom lines.

 

Visible Technologies has grown rapidly since it was founded in 2003. With offices in New York, Seattle, and Boston, the company employs a diverse group of over 70 professionals, with decades of online technology and social media skills. Our collaborative client approach and focus on customer service guarantee satisfaction and results.

 

In 2006, Visible Technologies formed a strategic partnership with WPP, one of the world's largest communications firms. The two companies continue to collaborate to create technology-driven marketing and communication services to meet the needs of clients.

 

Bubble Motion

Startup/Business

Joined Vator on

Bubble Motion is pioneering voice messaging and social communication for mobile phones.  Bubble Motion’s products include BubbleTalk™, an asynchronous person-to-person voice messaging service (also known as VoiceSMS), BubbleCast™, an integrated text and audio content broadcasting service, and now Bubbly™, a community-building voice-blogging phone service where people share recorded voice updates with friends, family, fans and followers. Bubbly is like Twitter with a voice and is bringing social networking to mobile phones.

 

Adap.tv

Startup/Business

Joined Vator on

Adap.tv: Leadership and Innovation for the New World of Online Video Advertising

Adap.tv helps publishers capitalize on the soaring popularity of online video among viewers and advertisers. Our flagship offering, Adap.tv OneSource, provides a single point of control to serve and manage ads from in-house and third party sources, in all major video formats, using your existing display ad server. OneSource streamlines ad operations, supporting efficient scalability for any online video business, from startups to major media companies.

As the first open and universal video ad sourcing and management platform, the powerful yet simple to use OneSource system has already gained broad industry support. More than 300 publishers in 71 countries use OneSource to monetize hundreds of millions of video streams each month. Whether an already established leader in video publishing—or a publisher determined to become one—Adap.tv provides the tools they need to achieve their online video goals.