Funding roundup - week ending 06/03/11

Ronny Kerr · June 3, 2011 · Short URL: https://vator.tv/n/1b2c

A company from the last batch of AngelPad startups raises seed funding, and more

Seed-stage

CodeGuard, which provides malware detection and repair services to small and mid-sized businesses, raised $500,000 in seed funding from Imlay Investments.

CoverH ound, a new car insurance shopping service, raised $750,000 in seed funding from Blumberg Capital.

 

OpenChime, an Angie’s List for everything, received a $700,000 investment from Lightbank, the fund made famous for its founders’ early investment in Groupon.

PunchTab secured $850,000 in seed funds to allow any business or website owner to create a loyalty program in minutes.

 

Early-stage

App discovery startup Appsfire closed a $3.6 million Series A round led by French venture capital firm IDinvest.

 

BuySimple, formerly known as Minno, raised $700,000 from a group of investors that includes GRP Partners, Farhad Mohit, Jack Abraham, and others.

Fixmo, provider of end-to-end infrastructure management solutions for mobile devices, secured $6.5 million in Series B financing led by new investor Panorama Capital, with participation from existing investors.

Juice in the City, a company that calls itself GroupMom, raised $6 million in a round of funding led by Tandem Entrepreneurs and HU Investments.

 

 

 

 

Lendio, formerly called FundingUniverse.com, secured $2 million in debt financing from Square 1 Bank.

Mindflash, a platform for companies to share knowledge and train emjployees, raised $4 million in new capital led by the Investment Group of Santa Barbara (IGSB).

Tablet publishing company OnSwipe raised a $5 million Series A round led by Spark Capital, with hep from Lightbank, Lerer Ventures, Yuri Milner and Thrive Capital.

wooga, Europe's largest developer of online social games, raised $24 million in a Series B investment led by Highland Capital Partners. Tenaya Capital and existing investors Balderton Capital and HV Holtzbrinck Ventures also participated in the funding round

Late-stage

Act-On Software, provider of cloud-based integrated marketing platforms, closed $10 million in Series C funding with Trinity Ventures. Act-On has now raised a total of $14 million in 6 months.

Alliance Health Networks, developer of condition-specific social networks, raised $11 million in its latest round of funding, led by New World Ventures.

OpenX Technologies, Inc. (OpenX), provider of digital advertising technology, completed a $20 million Series D funding round led by SAP Ventures  with the participation of additional new investors AOL Ventures, Mitsui & Co. Global Investment, Inc., and Presidio Ventures, and existing investors.

UberMedia, an independent provider of apps for Twitter and other social media tools, raised $5.6 million from DLD Ventures.

ValueAppeal, an online property tax appeal service developed to help homeowners lower their property taxes, raised $1.6 million primarily from existing investors.

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CoverHound

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Joined Vator on

Founded in May 2010 by Basil Enan, an insurance leadgen veteran, CoverHound helps online shoppers find the best car insurance policy for them at the best price possible.

CoverHound works by taking the time to understand where shoppers are, who shoppers are, and what shoppers are looking for before matching them with car insurance providers who are good fits. CoverHound then makes it fast and easy to connect with those providers - over the phone or online - to get actionable comparison quotes.

Because of CoverHound's focus on providing a superior shopper experience, car insurance carriers and local agents find a tremendous amount of value in making their offers available to CoverHound shoppers.

UberMedia

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UberMedia was founded in early 2010 as TweetUp (later PostUp) by Internet entrepreneur, Bill Gross, in an effort to provide Twitter users with a way to find the world’s best Tweeters on topics of particular interest and at the same time enable Tweeters to increase their following among people keen to hear what they have to say.

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