Funding roundup - week ending 09/24/11

Ronny Kerr · September 23, 2011 · Short URL:

One Kings Lane, Practice Fusion, CrowdTwist and more receive funding


Independa, provider of a “telecare” health monitoring solution, secured $1.6 million in funding from southern California VC firms Miramar Venture Partners and City Hill Ventures.



ActivePath, developer of ActiveMail Interactive Email and Messaging solutions, secured a $10 million financing round led by Battery Ventures and Gimv NV, with participation from existing investors including Genesis Partners

CrowdTwist, a leading social loyalty and rewards platform, secured $6 million in equity financing in a Series A round led by SoftBank Capital and Fairhaven Capital.


Dashlane, a stealth startup that vaguely promises to help consumers “do more” online, raised $5 million in a Series A round co-led by Rho Ventures and FirstMark Capital. Dashlane co-founder Bernard Liautaud also participated in the round.

Dropcam, maker of a Wi-Fi video camera and streaming service, raised $5.8 million in Series A funding led by Accel Partners with participation from a long list of existing angel investors.

JustFabulous, a glitzy online subscription shopping service for women, raised $33 million in a Series A round of funding led by Matrix Partners.

Practice Fusion, an EMR and healthcare community, raised $6 million in funding with new investors, including Western Technology Investment and Scott Banister.

Email delivery platform Sailthru raised an $8 million Series A financing led by RRE Ventures, with participation from AOL Ventures, DFJ Gotham Ventures, Hatteras Funds, Lerer Ventures, Pilot Group, and Thrive Capital.

Top10, a website where you can make lists of anything, raised $3.5 million in a Series A round of financing led by Accel Partners, with participation from Founder Collective, Idealab, Forward Venture Partners and Shakil Khan.



Advertising technology company Adchemy completed a $61 million Series E financing round with Microsoft Corp., August Capital and the Mayfield Fund.

Multimedia software developer ArcSoft received a $20 million investment from Intel Capital, Intel’s global investment organization, and Tudor Ventures, a venture capital and private equity firm.


Krux Digital, provider of consumer Internet data management, raised an additional $11 million in a round led by Accel Partners and IDG Ventures, with early investors participating as well.


Lookout Mobile Security, provider of smartphone security, closed a $40 million funding round led by Andreessen Horowitz, with participation from current investors Khosla Ventures, Accel Partners and Index Ventures.

Magisto, provider of a video editing service, launched and closed a $5.5 million Series B with participation from a new investor—The Li Ka-shing Foundation.


One Kings Lane, a flash sales site in the home market, raised $40 million in Series C financing led by new investor, Tiger Global Management.


Rearden Commerce secured $133 million in private equity funding and acquired, creator of the HomeRun social-buying service and the OfferEngine platform, which powers group commerce programs.

Stitcher, a company that offers personalized Internet talk radio, closed a $10 million  Series C round of venture capital financing led by New Enterprise Associates (NEA), with participation from return investors Benchmark Capital, New Atlantic Ventures, and tech veterans including Ron Conway.


Zimride raised $6 million in a Series A round of funding led by The Mayfield Fund, with participation from Floodgate and K9 Ventures, bringing its total raised to $7.5 million.

ZocDoc, which helps patients find and book appointments with doctors, raised $25 million in Series C funding from Goldman Sachs.

Support VatorNews by Donating

Read more from our "Trends and news" series

More episodes

Related News