Funding roundup - week ending 5/9/14

Steven Loeb · May 9, 2014 · Short URL: https://vator.tv/n/36d5

LiquidPlanner, Kabbage, Predictry, Prosper, Shakr, iZettle, LimeRoad, FieldLens, Maxta, Metacloud

Seed stage

Vaurum, a cryptocurrency company developing bitcoin exchange software for financial institutions, raised $4 million in seed funding from Battery Ventures and angel investors, including Tim Draper and Steve Case.

AdYapper, a provider of analytics for display and mobile ad campaigns, raised $1 million from angel investors, including Jack Giarraputo.

 Hopscotch, an app that helps children learn to code, raised $1.2 million in seed funding from Resolute Ventures, Collaborative Fund, Kapor Capital and other unnamed investors.

Fever, an event discovery app, secured $3 million in seed funding from Jeff Pulver, Bernardo Hernandez, Gary Shainberg, Sergio Ramos and Alejandro Sanz. 

Smore, a platform for creating single-page promotional websites, raised a $1.7 million seed round led by Founder’s Co-op, with participation by Greylock Israel and various angels.

Recommendation engine Predictry raised $230,000 in seed funding from the Malaysian Development Corporation’s (MDEC) Big Data Product and Commercialization Fund.

Education startup Allclasses raised a $1.5 million round of funding from Floodgate, Great Oaks, Atlas Venture, Designer Fund, Maiden Lane, and others.

LanternCRM, a customer relationship management solution, raised $250,000 in funding from angel investors Jason Cohen, Rob Taylor, Mikey Trafton, Bill Boebel, Pat Matthews and Joshua Baer.

Area 1 Security, a provider of cyber security solutions, raised $2.5 million in seed funding from Ted Schlein, Cowboy Ventures, Data Collective, First Round Capital, Allegis Capital, Derek Smith and Ray Rothrock. 

 

Early stage

Hassle.com, an online marketplace that connects busy people with local, trusted cleaners, raised a $6 million Series A investment from Accel Partners.

Layer, a communications platform for mobile and web apps, raised $14.5 million in Series A funding from Homebrew, AME Cloud Ventures, CrunchFund, Fuel Capital and other investors.

Delectable, an app for learning about and buying wine, raised a $3 million Series A round of funding led by Deep Fork Capital, DN Capital and Ceyuan Ventures. David Sacks, Max Levchin, Joe Lonsdale, and Gary Vaynerchuk also participated.

TrademarkNow, a search and risk analysis company, closed a Series A round worth $3.5 million led by Balderton Capital. 

VSCO, an art and technology company building an ecosystem of digital tools, services and community for modern creatives, raised a $40 million Series A led by Accel Partners, with participation from Goldcrest Investments.

Flux, which provides collaborative design software for the building construction industry, raised $8 million from DFJ, with participation from Borealis Ventures.

Planday, a software-as-a-service solution for employee scheduling, raised $3.75 million from Creandum.

Online video company Shakr Media raised a $3 million Series A funding round led by POSCO Venture Capital.

FieldLens, a mobile field management tool for the construction industry, raised $8 million in a Series A round led by OpenView Venture Partners.

Data center infrastructure company Igneous Systems closed$23.6 million Series A financing round led by New Enterprise Associates, with participation from Madrona Venture Group, Redpoint Ventures and Sujal Patel.

Metacloud, which deploys and operats OpenStack as a service, raised a $15 million Series B from Pelion Venture Partners, Silicon Valley Bank, UMC Capital, AME Cloud Ventures, Canaan Partners, and Storm Ventures.

Restaurant booking platform Table8 raised $4.6 million led by Angel investors and the Concur Perfect Trip Fund.

Mobile games company Boomlagoon raised a $3.6 million Series A round led by Northzone. Additional investors included Inventure and 360 Capital Partners, Jari Ovaskainen and London Venture Partners.

 

Late stage

Chinese Internet giant Tencent agreed to spend 1.17 billion yuan ($187 million) to buy 78 million shares of  mapping service NavInfo for an 11.3% stake.

A/B testing platform Optimizely raised $57 million in a Series B round led by Andreessen Horowitz, with participation by Benchmark Capital and Bain Capital Ventures.

LiquidPlanner, creators of a priority-based, predictive project management solution, raised $8 million in Series B funding from TVC Capital.

Top Hat,  a mobile and web-based teaching platform, raised $10 million in a round led by Georgian Partners, with participation from Emergence Capital Partners, iNovia Capital, SoftTech VC, Version One Ventures, Golden Venture Partners and Felicis Ventures.

Perfecto Mobile, provider of an integrated mobile application quality suite, raised a $20 million growth equity investment from FTV Capital, with participation from Carmel, Vertex and Globespan Capital Partners.

Stock investment and wealth management service Motif Investing raised $35 million in funding from JPMorgan Chase & Co., Wicklow Capital, and Balderton Capital. Goldman Sachs, Foundation Capital, Ignition Partners, and Norwest Venture Partners also participated.

Udemy, a marketplace for learning and teaching online, raised $32 million Series C financing round led by Norwest Venture Partners, with Insight Venture Partners and MHS Capital participating. 

Flatiron Health, which organizes real-time oncology data to help cancer patients and doctors, raised $130 million in Series B funding led by Google Ventures, with participation from First Round Capital, Laboratory Corporation of America, and angel investors. 

Workshare, a provider of secure enterprise file sharing and collaboration apps, entered into an $8.4 million credit facility with the Technology Finance Division of Wells Fargo Capital Finance.

The RealReal, a resale site for luxury fashion, raised $20 million in Series C funding from DBL Investors, Canaan Partners, InterWest Partners, eVentures, Greycroft, and Expansion Capital.

Automattic, the company behind WordPress, raised a $160 million Series C round from Insight Ventures, True Ventures, Chris Sacca, Endurance, Tiger and Iconiq.

French ride-sharing service Drivy raised a Series A round of $8.3 million from Index Ventures and Alven Capital.

DFJ Growth, which focuses on later-stage investments in technology startups, closed a fund of $470 million. 

Mobile ad targeting company UberMedia raised $8 million in new funding from Blue Chip Ventures and Gordon Crawford.

Kabbage, an online provider of working capital for small businesses, closed a $50 Million Series D equity round led by SoftBank Capital, with participation from TCW/Craton, Lumia Capital, David Bonderman, Warren Stephens, UPS’ Strategic Enterprise Fund, Peter Thomson’s Thomvest, BlueRun Ventures, and Mohr Davidow Ventures.

Prosper, a peer-to-peer lending company, raised $70 million in a round led by Francisco Partners.

Swedish mobile payments company iZettle closed a €40 million Series C funding round led by Zouk Capital, with participation from Dawn Capital and Intel Capital.

Indian online commerce company LimeRoad raised $15 million in a round led by Tiger Global, with participation from Lightspeed Venture Partners and Matrix Partners India.

Storage platform Maxta raised a $25 million Series B funding round led by Tenaya Capital and Intel Capital. Andreessen Horowitz also participated.

Smartsheet, a collaborative work management tool, raised $35 million led by Sutter Hill Ventures.

PEAR Sports, designer of personalized coaching technologies, raised $5 million led by Innovate Partners and Nordic Ventures, along with private and family office investors, as well as strategic investor VIZIO.

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