The company is already available in 83 countries and plans to double its transactions this yearRead more...
Over $450 million raised for over 25 startups from the seed to late stage
Kohort raised a $3 million seed round led by IA Ventures with participation from RRE Ventures, Countour, FF Venture Capital, and both David Cohen and David Tisch of TechStars.
Adaptly, a platform for social media site advertisements, raised $2.7 million in seed and Series A funding from First Round Capital, Charles River Ventures, Kirschenbaum Bond Senecal & Partners and Lerer Ventures, along with several angels.
Big Switch Networks, building a platform to bring the benefits of virtualization and cloud architecture to enterprise networks, secured $13.75 million in a Series A financing led by Index Ventures and Khosla Ventures.
BUMP.com, a social network for your car (and so much more), completed a $1.2 million Series B-1 round from Wilson Sonsini Investment Co., DLA Piper Venture Fund, Hany & Summer Girgis and others. The company also announced the launch of its first Android app.
CrowdOptic, a mobile app that that allows smartphone owners to tag, track, and get information on a moving object using only their phone, has raised $1 million in a Series A round led by co-founder and CEO Jon Fisher, with help from several angel investors and an institution that is also a customer.
Decide.com, a pre-launch consumer electronics shopping service, raised a $6 million Series B round led by Maveron, with Madrona Venture Group and angels participating.
HipGeo, helping people automatically record places they've been to, raised $500,000 in initial funding from Morado Venture Partners as well as Mike Marquez, and other angels.
Listia raised $1.75 million in funding led by Andreessen-Horowitz with participation from SV Angel, Founder Collective, High Line Venture Partners, Max Levchin, Naval Ravikant, Alex Zubillaga, James Hong and others.
Localytics closed a $2.5 million Series A funding round led by existing investors Launchpad Venture Group and New York Angels.
Nutanix, developer of a converged compute and storage appliance for virtualized data centers, received $13.2 million in Series A funding.
Pixable, developer of an application for discovering and categorizing photos, closed $3.6 million in Series B financing led by Menlo Ventures with participation from existing investor Highland Capital Partners.
Discount ticketing service ScoreBig raised $14 million in Series B financing led by U.S. Venture Partners, with participation from Bain Capital.
SilverRail, provider of passenger rail ticketing solutions, announced Monday that it has secured $5 million in Series B funding led by PAR Capital with participation from Sutter Hill, Grandbanks Capital, Brook Ventures and Accel Partners.
Ticketing and social marketing company Ticketfly raised a $12 million Series B funding round led by Mohr Davidow Ventures with participation from existing investors, including High Peaks Venture Partners, Contour Venture Partners and angel investors Roger Ehrenberg and Howard Lindzon.
Channel sales management solution provider Channelinsight raised $10 million in a Series C round led by Rho Ventures, with help from others.
Concur, provider of integrated travel and expense management solutions, entered into a marketing partnership with and invested $40 million in privately held Cleartrip, an India-based online travel portal.
Digby, provider of mobile commerce solutions, raised $8 million in Series C funding led by Battery Ventures and with participation from current investors including BlackBerry Partners Fund, S3 Ventures and Daylight Partners.
Digital Signal Corporation (DSC), provider of three dimensional (3D) long-range facial recognition solutions, secured a $15 million Series C led by Columbia Capital.
Publicly-owned mutual fund investment firm T. Rowe Price invested $190.5 million in Facebook, paying $25 a share.
Groupon filed an SEC form for $6 million in equity financing.
eBooks company Kobo closed a $50 million round of funding by an undisclosed “leading institutional investor.” Existing investors also participated in the round.
Lijit Networks, Inc., provider of website search engines, blog search tools and online advertising solutions, closed a $10 million financing round led by new investor Highway 12 Ventures, with participation from existing investors Foundry Group, Boulder Ventures and Colorado Fund I, managed by High Country Venture.
Lymbix, developer of real-time sentiment analytics technology, raised $1.35 million from the GrowthWorks Atlantic Venture Fund.
Online marketing technology company Media Ingenuity raised a $28.4 million round of funding led by Scottish Equity Partners (SEP).
Metaforic, provider of software to combat piracy and hacker attacks, raised an $8 million round of funding led by SEP.
Sequoia Capital made a multi-million dollar investment in China-based retailer and wholesaler Milanoo.com's business operations fund.
Scanbuy, provider of mobile barcode solutions, raised an additional $5 million to complete its latest round of funding.
Read more from our "Trends and news" series
The company bought Brand New Day, a Medicare insurance plan, earlier this monthRead more...
The company has a partnership with UPS to provide drone services to hospitalsRead more...
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Joined Vator onThe PurePlay Story PurePlay was founded by two entrepreneurs who were frustrated with the unrealistic game play at multi-player online games sites. At most of these sites, players don't play competitively because there's no incentive to win and there's nothing at stake. At sites where there is an incentive to win, such as gambling sites, players can lose a lot of money. PurePlay's patented business model was developed to encourage people to play competitively to win prizes without requiring them to risk losing money. PurePlay plans to apply its unique approach to many types of online multi-player games, enabling players to "Win Big without the Risk". PurePlay's launch in 2005 was kicked off with the rollout of one of the largest poker sites on the web. With the incredible rise in the popularity of poker, and PurePlay's unique approach, PurePlay has already attracted hundreds of thousands of customers. The company is funded by several prominent Silicon Valley angel investors and venture capitalists, and is located in San Francisco. The Anti-Gambling Site PurePlay is committed to responsible game-play and is not a gambling site. Because we do not offer gambling, we make it impossible for players to lose money, but still provide an exciting and entertaining experience. Our goal is to maintain the thrill of online games while keeping it safe for everyone. We are partnering with agencies, groups and associations to help promote safe and responsible game play and to provide a conduit to assistance for those with gambling addictions. We look forward to bringing you more PurePlay products that allow you to "win big without the risk".
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HipGeo is a secure way to record all the moments in your day using smart phones through photos, video, audio and more. It enables you to archive your life including your routes and places, and share with family and friends, or colleagues. HipGeo is a mobile social network integrated with popular social networks. HipGeo is pioneering continuous location services.
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Events.com is a mobile-first, socially-focused suite of cloud-based applications that provides an ideal solution for event organizers and event goers alike. Organizers benefit from a dashboard that features the necessary tools to manage, market and monetize their events—including detailed analytics, robust reporting with actionable insights, integrated marketing and outreach tools, enhanced payment options, and comprehensive functionality to create interactive communities and affinity around their brands. Event goers get access and inspiration via the Events.com site—a place to explore experiences based on interests, discover aggregated social content and share the experiences that matter most to them.
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