Funding roundup - week ending 02/25/11

Ronny Kerr · February 25, 2011 · Short URL: https://vator.tv/n/1780

Over $268 million raised by 16 startups: three seed, nine early-stage and four late-stage

Seed

CapLinkeda free online platform that connects private companies with their investors and advisors, completed a $525,000 angel funding round.

Social fundraising startup Fundly closed a $2 million seed funding round led by several Silicon Valley investors.

 

Payment technology platform Fuze Network raised $1.2 million in seed funding led by Metamorphic Ventures, Kickstart Seed Fund, and several angel investors.

 

 

 Early-stage

User virtualization company AppSense raised a $70 million first round of funding led by Goldman Sachs.

 

 

Emdigo raised $1.1 million in a round of financing led by Javelin Venture Partners, bringing the startup's total raised to more than $7 million.

Paydiant, a stealth mobile payments startup, closed a $7.6 million Series A round of funding led by North Bridge Venture Partners and General Catalyst Partners. 

Cloud storage system provider Scality secured a $7 million Series B round of funding led by IdInvest Partners (formerly AGF Private Equity). The company has raised $13 million to date.

 

SeatGeek, a ticket search site for sport, concert and theater events, raised an undisclosed amount from celebrity-turned-angel Ashton Kutcher and Guy Oseary through their investment fund A-Grade Investments.

SnapRetail, an online/social marketing company that works specifically with Internet retailers, raised $6 million in a Series A round led by Adams Capital Management. 

 Sprout Social, provider of social media management tools for business, closed a $10 million Series B funding round led by New Enterprise Associates (NEA). 

Syncapse, a social media management platform for the enterprise, closed $20 million of a promised $25 million round from ABS Capital Partners, the company’s first institutional investor.

Mobile gaming startup TinyCo raised $18 million in Series A funding led by Andreessen Horowitz with participation from Ron Conway, Keith Rabois, and several other angels.

Late-stage

Online textbook platform Bookrenter received $40 million in Series C financing from new and existing venture partners.

Box.net, providing cloud storage for the enterprise, raised $48 million in a Series D funding round led by Meritech Capital Partners, with participation from existing investors Andreessen Horowitz and Emergence Capital Partners and prior investors Draper Fisher Jurvetson, Scale Venture Partners and US Venture Partners.

Social game developer Digital Chocolate secured $12 million in a Series D round of funding led by Intel Capital, with help from existing investors Sutter Hill Ventures and Bridgescale Partners.


Transphorm raised a $20 million Series C round led by Google Ventures, with help from existing investors Kleiner Perkins, Foundation Capital, and Lux Capital.

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Related Companies, Investors, and Entrepreneurs

Digital Chocolate

Startup/Business

Joined Vator on

Digital Chocolate is a developer of games and applications for mobile phones. Based in San Mateo, California, Digital Chocolate offers many of the world's most popular games including Scarlotti's Mafia Wars 2, Mobile League WordJong, Bubble Ducky, and Johnny Crash. Digital Chocolate products are available through more than 200 operator and distribution partners, including Cingular, Orange, Sprint, T-Mobile, 3, Verizon Wireless, and Vodafone in over 60 countries worldwide.

SeatGeek

Startup/Business

Joined Vator on

SeatGeek forecasts the price of sports and concert ticket on the secondary market, analogous to what Farecast (now Bing Travel) does for airline tickets. For ticket buyers this helps determine whether to buy a ticket immediately or wait for a price drop. For sellers it helps identify the optimal time to unload their tickets.

SeatGeekā€™s crawlers have compiled millions of ticket transactions and have also aggregated other factors that influence prices. SeatGeek's patent-pending technology uses this data to accurately predict prices.

SeatGeek offers a free version for buyers and will soon release a premium version for brokers and other sellers.