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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RABBL, Inc.

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Booking and touring--matching up artists with fans at venues--is a risky, painful process, and technology changes are making it worse.  The old way of  doing live events--first you book the event, then you sell tickets and hope to cover your costs--just doesn't make sense in the internet age.

Enter RABBL. Our social booking platform takes the risk out of live music. We let fans prove real demand by reserving tickets in artist-approved “rabbls,” votes about where and when shows should happen.  In other words, RABBL reverses the old formula:  with us, first you sell the tickets, then you book the show. And only if it makes sense. 

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WalkMe

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WalkMe enables all online publishers and ISVs to create interactive on-screen 'Walk-Thrus' that assist end-users to quickly and easily complete even the most complex tasks.

Users receive clear and error-proof on screen instructions displayed as sequential balloon hints within the website or app, while they perform the actual process from start to finish.

Think of it as if you are sitting right next to your users and guiding them through each task, step-by-step, on any site platform.

 

Benefits

WalkMe eliminates end-user confusion which directly reduces the number and the length of support calls and the investment needed to create or update user manuals and instructional videos.

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Using WalkMe’s system does not require any modification or integration to the underlying software. The 'Walk Thru' creation process is simple and does not require any technical skills.

WalkMe supports all popular browsers (Chrome, Explorer, Safari etc.) and does not require end-user download.

WalkMe is a software-as-a-service product, offering a wide pricing scale. WalkMe offers its product free for “start-up” sized customers, trending upwards to our silver package for small businesses, leading to a customized quote for WalkMe’s largest customers. Self-hosting options are available.

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Managing Partner, Founders Fund