Funding roundup - week ending 4/4/14

Steven Loeb · April 4, 2014 · Short URL: https://vator.tv/n/360f

2can, OpenFin, SoFi, RABBL, Friendsurance, Bloglovin, Imgur, Boundary, Clari, Apploop, Cytox, Krablr

Seed stage

Online payments company PayStand raised $1 million in seed funding from Cervin Ventures, Serra Ventures, Central Coast Angels, and TiE LaunchPad.

Gesture control technology company 3Gear Systems raised $1.9 million in a seed round led by K9 Ventures, with participation from Intel Capital, CrunchFund, Ovo Fund, Safa Rashtchy and others. 

Same-day hotel booking company Hot Hotels raised $1 million in funding from Axon Partners Group.

Taiwanese fitness startup and online community iFit raised $900,000 in seed funding from Cherubic Ventures.

Lingvist, which applies big data analysis and mathematical optimization on the language learning process, raised a €1 million round of funding from SmartCap, Nordic VC Inventure, and several angel investors.

ClassPass, formerly Classtivity, a subscription service that gives its members access to the best studios in their city, raised a $2 million seed round from angel investors including Fritz Lanman, SV Angel, Hank Vigil, Blake Krikorian, Gordy Crawford, Owen Van Natta, Vivi Nevo & Keith Nowak, Kal Vepuri, and Dave Tisch.

ScreenHits, an online platform for the screening and selling of TV and film content, closed a $1.2 million round of funding from Angel investors, such as Rory Fleming, Lord Reay, and Flemming Lund.

RABBL, a service for crowdsourcing concerts, raised $775,000 in a seed round led by FG Angels Syndicate. 

Mobile user acquisition platform apploop raised €1 million in seed funding from HitFox Group. 

Mobile address group Triggerfox raised $1.8 million seed investment round led by a group of Toronto and Boston based angel investors, including Dharmesh Shah and Wayne Chang.

Native ads platform AdsNative raised $2 million in a round led by InterWest Partners. ONSET Ventures, Foundry Group Angel and KBS+ Ventures also participated.

Video chat marketplace LiveNinja raised $500,000 in funding from local, undisclosed angel investors.

 

Early stage

ElasticBox, which enables developers to create, deploy and manage apps, closed a $9 million Series A funding round from Nexus Venture Partners and Intel Capital. 

Indian mobile messaging app Hike raised $14 million in a funding round from Bharti SoftBank.

Creads, a Paris-based platform for creative talent, raised $4.1 million in financing from CM-CIC Capital Privé.

Somo, an independent mobile marketing agency, raised $5.5 million from MMC Ventures and other private investors.

Sookasa, a provider of compliance for popular cloud applications and mobile devices, raised $5 million led by Accel Partners, with participation from First Round Capital, SV Angel and other angel investors. 

Krablr, a real-time crab pricing engine for amateur fishermen, raised $5 million from Sequoia with Strumpo Kildare and Scranton Angels also participating. 

On-demand car service Cabify raised $8 million in a Series A round led by Seaya Ventures.

Industrial Toys, a next-generation mobile games developer, raised a $5 million Series A round from Accel Partners.

Handshake, a sales order management platform for wholesalers, raised $8 million in Series A funding led by Emergence Capital Partners, along with SoftTech VC, MHS Capital and High Peaks Venture. Partners.

On-demand services marketplace Bizzby raised $10 million in funding from an unnamed "prominent US investment fund."

OpenFin, a provider of secure HTML5 runtime technology for financial desktops, raised $4.0 million in a round was led by Bain Capital Ventures.

Peer-to-peer insurance startup Friendsurance raised an undisclosed amount of funding from Horizons Ventures and VantageFund.

Bloglovin, a platform that pulls users' favorite blogs into a single feed, raised $7 million in Series A financing led by Northzone, with participation from Betaworks, Lerer Ventures, White Star Capital, Bassett Investment Group, and personal investments from the Babble and SoulCycle founders.

Clari, a mobile-first sales productivity platform, emerged from stealth with $6 million from Sequoia.

Cytox, a developer of assays for risk assessment and prediction of dementia, raised £1.5 million from Seneca Partners, SPARK, Northwest Fund for Biomedical, Wren Capital, The Rainbow Seed Fund, as well as private investors.

Q1Media, an online advertising technology company, secured debt facilities totaling $8 million from Silicon Valley Bank and Partners for Growth.

Alignable, an online social network for locally owned small businesses, raised $3.54 million from Saturn Partners.

Community carsharing company CiteeCar raised $10 million in funding from Mangrove Capital Partners.

 

Late stage

WalkMe, which provides online publishers with the ability to create on-screen walkthroughs, raised $11 million in a round led by Scale Venture Partners, with participation from Mangrove Capital Partners, Giza Venture Capital and Gemini Israel Ventures.

Chinese e-commerce giant Alibaba spent 5.37 billion HK ($692 million) to take a 25% stake in Chinese department store operator Intime.

Wealthfront, an automated investment service, raised $35 million in funding led by Index Ventures. Ribbit Capital with The Social+Capital Partnership, Greylock Partners, DAG Ventures, Marissa Mayer, Kevin Rose, Paul Kedrosky, Mark and Ali Pincus, Alison Rosenthal and Tim Ferris also participated.

Ride-sharing service Lyft raised $250 million in funding from Andreessen Horowitz, Founders Fund, Yayfield, Coatue and Alibaba.

European venture capital firm Balderton Capital closed its fifth European fund, raising $305 million.

Enterprise analytic data management company Cloudera raised a $900 million round of financing from Google Ventures, T.Rowe Price, Intel and MSD Capital.

ClearStory Data, a Data Intelligence company, raised $21 million in a Series B funding round led by DAG Ventures leads the round, with additional investments from Andreessen Horowitz, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers.

2can, a Russian mobile payments startup, raised $5 million in Series B financing from InVenture Partners, Almaz Capital Partners and ESN Group.

Peer-to-peer social lending startup SoFi raised $80 million in a Series C round led by Discovery Capital Management, with help from Peter Thiel, Wicklow Capital and existing investors.

Boundary, which delivers modern IT Infrastructure Monitoring solutions, raised $22 million in a round led by Adams Street Partners with participation from Triangle Peak Partners, Lightspeed Venture Partners and Scale Venture Partners. 

Imgur, an entertainment and image sharing platform, raised $40 million from Andreessen Horowitz.

Foresite Capital, a growth equity firm focused on late-stage healthcare investing, closed Foresite Capital Fund II with $300 million.

Crossbar, a start-up pioneering Resistive RAM technology, raised a $25 million Series C funding from Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital, the University of Michigan, SAIF Partners, Korea Investment Partners, CBC-Capital and Tao Invest.

Kitchensurfing, a community marketplace for chefs, closed $15 million in Series B funding led by Tiger Global Management, with participation from Union Square Ventures and Spark Capital.

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