Funding roundup - week ending 05/06/11

Ronny Kerr · May 6, 2011 · Short URL: https://vator.tv/n/1a21

Slim week: nearly $130 million for 17 startups (two seed, nine early-stage, six late-stage)

Seed-stage

AppDirect, a new way for businesses to find, buy and use Web-based software, raised a $3.25 million seed round led by iNovia Capital.

Mobile developer NoiseToys raised $1.2 million in seed funding from several investors, including DCM, former Playdom Chairman Rick Thompson, and Guitar Hero co-creator Charles Huang.

 

Early-stage

COLOURlovers raised $1 million from a long list of investors.

 

Personalized video advertising company EyeView raised a $1 million round of funding led Eric Schmidt's Innovation Endeavors.

 

Firespotter Labs, an idea and product accelerator, announced Thursday that it has launched with $3 million in Series A funding from Google Ventures.

Y Combinator graduate Grubwithus, a Web service for finding people to dine with, raised a $1.6 million round from Andreessen Horowitz, First Round Capital, NEA, SV Angel, Ashton Kutcher, Guy Oseary, Vivi Nevo, Maynard Webb, Matt Cutts, Elad Gil, Paul Buchheit, Alexis Ohanian, Start Fund, and Y Combinator.

 

Peel closed a $16.7 million Series B round of financing led by Ravi Mhatre from Lightspeed Venture Partners, with help from Redpoint Ventures and several existing angels.

The Resumator, simplifying applicant tracking and social recruiting, raised $700,000 in funding led by Rincon Venture Partners.

Send the Trend, an e-commerce company site for women’s fashion accessories, raised $3 million in Series A funding led by Battery Ventures.

TaskRabbit, a networking platform that helps busy people get things done, secured $5 million in Series A financing led by Shasta Ventures.

Social marketing platform Tigerlily raised €900,000 ($1.3 million).

 

Late-stage

Helium, a self-publishing site that bills itself as a “citizen journalism” hub, has raised $10 million in debt financing according to a recently filed SEC form, bringing the company’s total raised to $27 million.

 

 

Location-based mobile media company JiWire raised $20 million in Series C funding.

 

 

Jumptap, provider of targeted mobile advertising, completed a $25 million financing round. Existing investors including AllianceBernstein, General Catalyst, Redpoint Ventures, Summerhill Ventures, Valhalla Partners and WPP, as well as several new investors, participated in the round.

Kaminario, provider of high performance SSD storage, closed a $15 million Series C from Globespan Capital Partners, Sequoia Capital and Pitango Venture Capital.

Mashery, provider of API management tools and services, raised $11 million in funding led by OpenView Venture Partners. Existing investors Cisco, Formative Ventures, First Round Capital and .406 Ventures also participated in this funding round.

 

 

PowerReviews, a social commerce SaaS solutions provider, secured a $10 million round led by Four Rivers Group.

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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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