Funding roundup - week ending 07/29/11

Ronny Kerr · July 29, 2011 · Short URL: https://vator.tv/n/1d4c

Two seed-stage, three late-stage and a whole lot of early-stage deals this week

Seed-stage

LucidChart, a Web-based diagramming application with real-time collaboration features, raised $1 million in seed financing from 500 Startups and others.

TribeHR, a startup that develops human resources software for SMBs, closed a $1 million round of seed funding from Matrix Partners.

 

 

 

Early-stage

AHAlife.com, an editorialized commerce platform for curated lifestyle products, raised $6 million in new funding led by DCM with existing investor FirstMark Capital contributing.

Human authentication service Are You a Human raised $750,000 in Series A funding led by Detroit Venture Partners with participation from the First Step Fund, itself a partnership of the Invest Detroit Foundation, TechTown, Ann Arbor SPARK and Automation Alley. This also marks the sixth investment by the Ross School of Business’ Frankel Commercialization Fund.

Azumio, creator of biofeedback smartphone apps for Android and iOS, raised $2.5 million in Series A funding from Founders Fund, Accel Partners and Felicis Ventures.

 

 

 

 

Crowdtap, the network for brand influencer communities, secured $7 million in Series A funding led by Foundry Group, with participation from GSA Venture Partners and Mr Youth.

Fab.com, a website featuring daily design inspirations and flash sales at up to 70 percent off retail, secured $8 million in Series A financing led by Menlo Ventures, with participation from First Round Capital, Baroda Ventures, The Washington Post Company, Fab.com's founder and CEO Jason Goldberg and more.

Hearsay Corporation, creator of the enterprise social marketing tool Hearsay Social, closed an $18 million Series B round of funding led by NEA, with help from existing investor Sequoia Capital.

Retail investment startup Motif Investing secured $20 million in a Series B round led by Ignition Partners.

 

 

Nodeable, provider of a cloud-based social platform for systems data, closed its $2 million Series A funding led by True Ventures.

Read It Later raised $2.5 million in funding from Foundation Capital, Baseline Ventures, Founder Collective, Google Ventures, and others.

Online rental marketplace Rentcycle secured $300,000 of a slated $1.4 million funding round, according to an SEC filing.

 

Shooger, a Miami-based company that has developed a mobile community for local deals, secured $5 million in its first outside round of funding from Hudson Capital Group (HCG).

Daily deals and online shopping site Snapdeal.com raised $40 million in Series B funding from Bessemer Venture Partners, with participation from existing investors Nexus Venture Partners and IndoUS Venture Partners.

Taulia, a cloud-based dynamic discounting solution provider in the SAP space, closed its Series B round of funding totaling $8.5 million. Existing investors Matrix Partners and Trinity Ventures invested above their pro-rata to increase ownership and were joined by new investor DAG Ventures, who led the round.

Totango, provider of a real-time customer usage analysis platform for SaaS applications, secured $3.8 million in Series A financing led by Pitango Venture Capital which joined existing investor Gemini.

Military daily deals site TroopSwap.com raised $925K in funding from prominent angel investors.

 

Visual Revenue, provider of predictive analytics for online media, secured $512K in funding led by Lerer Ventures, SV Angel, Kima Ventures and NYC Seed and joined by 10 individual angel investors.

 

Late-stage

Intelligence software company Quid secured $10 million in a Series C round from Atomico, Ron Conway, Endeavor Vision, Infocomm Investments, with follow-on investments from Peter Thiel’s Founders Fund and Amicus Group CEO Charles Lho.

Web security company WhiteHat Security raised an $8 million round of funding from Investor Growth Capital (IGC), bringing the company’s total raised to $22 million.

 

Yext, a business listings company, raised a $10 million round of financing led by WGI Group, with full participation from existing investors Sutter Hill Ventures and Institutional Venture Partners (IVP).

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