Funding roundup - week ending 2/28/14

Steven Loeb · February 28, 2014 · Short URL: https://vator.tv/n/354e

Bitium, Skillshare, Piazza, ClearSlide, Snapdeal, Smarterer, Nok Nok Labs, Knox Payments, Credible

Seed stage

Photo-sharing app Kanvas, formerly Tracks, raised $1 million in seed funding from KEC Ventures, Scout Ventures, Dace Ventures, and others.

UK-based accelerator Ignite100 raised £700,000 from Northstar Ventures and Hotspur Capital. Angel investors Laurence Marlor, Jonathan Forster, Steve Pankhurst, Neil Hutchinson, Doug Scott, Duncan Jennings, Gerry Boon, and Simon Bichara also participated. 

Casper, developer and seller of a new type of mattress, raised a $1.6 million seed round led by Lerer Ventures, along with Norwest Venture Partners, Crosslink Partners, Vaizra Investments, and Correlation Ventures.

HackerEarth, a technical recruiting solutions for talent sourcing and skill assessment, received $500,000 in funding. Investors included Angelprime and GSF Superangels.

AdStage, a self-serve cross-network advertising platform, raised $1 million in seed funding from Digital Garage.

Crowdnetic, which operates the CrowdWatch market data platform, raised $1.6 million in seed funding from the Seraph Group. 

Knightscope, a startup specializing in robotics, raised a $1 million seed round from NTT DOCOMO Ventures and unnamed angel investors.

Little Borrowed Dress, which designs and makes bridesmaid dresses for rental, raised a seed round of $1.25 million. Investors include Index Ventures, a16z, Launch Capital, Neu Venture Capital, NYC Seed, Charles Smith, David Tisch, Rett Wallace and Joanne Wilson.

Dash, an app that lets customer pay their bar or restaurant tab via their smartphone, raised $1.2 million from New York Angels, Caerus Ventures, Jonathan Segal and Mike Germano. 

Knox Payments, which allows merchants to accept payments directly from their customer’s bank accounts, raised $900,000 from undisclosed, Virginia-based angel investors, 

Credible, a way for graduates to switch lenders and save on their student loans, closed a $500,000 seed round from Carthona Capital, Cthulhu Ventures, Orrick, Cap-Meridian Ventures, Simon Franks, Trevor Loewensohn, Mitch Zuklie and Peter Gammell.

 

Early Stage

Kahuna, which helps brands get their mobile houses in order, raised an $11 million Series A round from Sequoia Capital.

Collaborative Fund raised $33 million for its second fund, called Fund 2, from existing LPs, along with new investors Tom McMurray and Shepard Fairey.

If You Can Company, which uses gameplay to teach children social and emotional learning skills, raised $6.5 million from G reylock Partners, along with Almaz Capital and other investors.

Tuxedo and suit rental company Black Tux raised $2.6 million led by Lerer Ventures, along with First Round Capital, RRE, Founder Collective, Crosscut, Menlo Ventures, and Raine.

Spree Commerce, provider of an open-source software for online retailers, raised $5 million in Series A funding led by Thrive Capital. Vegas Tech Fund, Red Swan Ventures, True Ventures and AOL Ventures also participated.

Workboard, a provider of execution intelligence solutions for managers, closed $2.75 million in Series A financing led by Granite Ventures and Opus Capital. Crosslink and Shea Ventures also participated.

Bitium, an enterprise software company that provides app management, single sign-on and analytics for cloud-based apps, raised $6.5 million in Series A funding from Polaris Partners.

TVbeat, formerly Iptvbeat, a start-up that provides real-time television ratings, secured $2 million funding from Episode 1 and Credo Ventures.

Skillshare, a provider of community online classes, raised a $6 million round of financing co-led by Union Square Ventures and Spark Capital.

 

Late Stage

Piazza, the social learning platform for college students, raised an $8 million Seres B round led by Khosla Ventures, with help from Bessemer Venture Partners.

Distributed database technology company NuoDB raised $14.2 million from Dassault Systèmes, with help from Morgenthaler Ventures, Hummer Winblad Venture Partners, and Longworth Venture Partners.

eCommera, which helps its retail clients improve their customer service experience, raised a Series C round of $41 million from Dawn Capital, West Coast Capital, Frog Capital, ePlanet Capital, WPP and Wti.

ZEFR, a software platform for brand and content management on YouTube, raised $30 million in funding led by Institutional Venture Partners. U.S. Venture Partners, Shasta Ventures, First Round Capital, and Richmond Park Partners also participated.

Tradeshift, an all-in-one e-business solution for companies, raised $75 million in its Series C funding from Scentan Ventures.

Cyber security company Shape Security raised $40 million in Series C funding led by Norwest Venture Partners, along with Kleiner Perkins, Venrock, Google Ventures, Eric Schmidt's TomorrowVentures, and Allegis Capital.

Same day delivery service Deliv raised $4.5 million from Simon Property Group, General Growth Properties, Macerich, Westfield, Upfront Ventures and RPM Ventures.

D.light, a designer and manufacturer of solar-powered lights, raised an $11 million Series C round led by DFJ, Omidyar Network and Nexus India Capital. 

SpareFoot, which operates an online marketplace for self-storage, raised $10 million in venture capital from Insight Venture Partners.

ClearSlide, a platform used by sales teams at large corporations, raised $50 million in Series C round of funding, led by Social+Capital Partnership, with Greylock Partners, Bessemer Venture Partners and Felicis Ventures also joining. 

Indian online marketplace Snapdeal raised $133.77 million in new funding from eBay.

Smarterer, a provider of skills assessment solutions, raised $1.6 million in funding from Rethink Education and Deborah Quazzo.

Nok Nok Labs, a provider of alternatives to passwords for ID authentication, raised $16.5 million in Series B funding from Lenovo Group Limited, DCM and ONSET Ventures. 

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