Funding roundup - week ending 04/22/11

Ronny Kerr · April 22, 2011 · Short URL: https://vator.tv/n/199e

Over $450 million raised for over 25 startups from the seed to late stage

Seed-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.

Early-stage

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.

MMJK, parent company of online poker site PurePlay, raised $2.8 million of a $4.8 million round.

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.

 

Late-stage

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.

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Ronny Kerr

I am a professional writer with a decade of experience in the technology industry. At VatorNews, I cover the zero-waste economy, venture capital, and cannabis. I'm also available for freelance hire.

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