December 1, 2015
Daily funding roundup - December 1, 2015
AppDynamics raised $158M; Symic secured $25M; Deskbookers announced $1.6M funding
- Deskbookers, an online platform for booking work and meeting spaces, today announced that it has secured $1.6 million in seed funding from Point Nine Capital and a couple angel investors with experience in the booking and travel space--Arthur Kosten (former CMO of Booking.com) and Marcel Beemsterboer (co-founder and former CEO of Emesa.nl). The seed funding will be used to “double down on expansion and growth,” says Deskbookers founder Jeroen Arts.
- Today PeopleSpark announced the closing of a $1 million seed funding round led by founder Mitchell Harper that will be used to build the platform, accelerate customer acquisition and help grow the team. Given that the round was led by the founder, the wording of today’s announcement has raised a few eyebrows, but it shows that Harper is all in on the platform. PeopleSpark launched in Australia last month, aiming to make people happier in their everyday jobs by improving culture and transparency in the workplace.
- Singapore-based social food review app Burpple expects to raise up to $6 million in series A funding from Tembusu Partners, SPH Media Fund, and Triumph Capital, it announced today. Chan says they will use the money to enhance Burpple’s features, particularly the one that was designed to help restaurant owners track their performance on Burpple, manage their pages, and connect with users. They also plan to introduce complimentary dining services and hire engineers and product development staff in preparation for a regional rollout.
- Edison Partners announced an $8 million Series A financing of New York City-based Clearpool Group, an electronic trading software provider for institutional sell-side and professional trading firms. Edison’s investment will bolster continued product innovation and expansion of the company’s go-to-market capabilities. With this investment, Chris Sugden joins the company’s board of directors. Edison Director Network member Joe Mrak, FolioDynamix chairman and CEO, has also joined the board.
- Nestio, a leasing and marketing platform for residential landlords and brokers, announced today that it has raised $8 million in Series A funding led by Trinity Ventures. Investors from Nestio’s previous financing, including Freestyle Capital, Joanne Wilson, David Cohen, and Mike Lazerow, also participated. With the additional funding, Nestio plans to invest in advancing its product roadmap; growing its existing engineering, product and sales teams; and accelerating expansion into new markets next year, including Boston, Chicago, Miami, and Washington, D.C.
- Progressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced today that it has closed an $11.4 million Series A equity & debt financing round led by Cypress Hills Partners and Conconi Growth Partners. With the Series A financing complete, the company plans to grow its consumer loan portfolio and strengthen its position in the Canadian online and peer-to-peer lending space.
- ThreatConnect Inc., creator of Threat Intelligence Platform (TIP), today announced it has closed Series B Funding at more than $16 million. SAP National Security Services, Inc. (SAP NS2), subsidiary of the leading global enterprise software company SAP, led the round. Grotech, the lead investor in ThreatConnect’s Series A, also participated in this round along with other strategic investors.
- Symic, a clinical-stage biotherapeutics company developing multiple compounds that target and affect the extracellular matrix (ECM), today announced that it has secured $25 million in a Series A-2 financing to advance the company's pipeline, including its lead candidates SB-030 and SB-061. The financing was led by Lilly Ventures and includes the participation by all existing major investors, as well as several new investors. This new funding brings the total capital raised by Symic to over $43 million since being founded in 2012.
- AppDynamics, a maker of software to manage and analyze applications, has raised $158 million from investors, showing that some highly valued companies are still earning investor enthusiasm despite indications of a pullback in late-stage venture capital. The new funding round, announced by the company on Monday, puts AppDynamics total financing at roughly $450 million. The round was led by General Atlantic and Altimeter Capital, with participation from Adage Capital, Industry Ventures, Goldman Sachs and Cross Creek Advisors.
- Greycroft Partners has closed a fourth early stage fund at $200 million, the firm announced on its website. Greycroft IV brings capital under management to $800 million. The fund is a modest increase from the firm’s $175 million third core fund and matches in size its $200 million Greycroft Growth fund. As part of the announcement, Ellie Wheeler was promoted to partner from principal, joining the firm’s five other investing partners in managing the new fund.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to mitos@vator.tv.
Image source:
Mitos Suson
I produce Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and loving every moment of it!
All author posts