Funding roundup - week ending 6/20/14

Steven Loeb · June 20, 2014 · Short URL:

Instacart, Saltside, Greycroft, Shasta, Algolia, ForgeRock, Puppet Labs, NIMBOXX, ProjectManager, Yo

Seed stage, an that provides mini-relaxation sessions, raised $578,000 from Launch fund, AngelList syndicate, Matt Mullenweg, and Matt Cheng. 

Earshot, a location-based social media engagement and intelligence platform, raised $1.7 million in funding from Mohr Davidow Ventures, TriplePoint Ventures, Birchmere Ventures, Serra Ventures, Point B Capital and Centerboard Group.

Guesty, a property management service for Airbnb hosts, raised $1.5 million from Magma Venture Partners, Y Combinator and other angels 

Algolia, a provider of  a developer-friendly SaaS API for database search, raised $1.2 in seed funding led by Storm Ventures. Individual investors from Box, Eventbrite, Google, Microsoft and Stripe also participated.

Yo, an app thats sends a push notification that says, "Yo," raised $1 million in seed funding from co-founder Moshe Hogeg’s angel fund.

KEYPR, which provides a cloud-based management solution that integrates the hotel experience for both guests and hotel management, raised $1.3 million in seed capital from undisclosed investors. 

CozyCloud, a startup building an open-source platform for personal cloud storage, raised $1.1 million (£800,000).

CubeSensors, maker of air monitoring Cubes packed with smart sensors, raised a seed round from the founders of Bitstamp.


Early stage

IOCS, a provider of electronic contract processing technology, raised a £2 million Series A funding led by Notion Capital and supported by a group of specialist FinTech angel investors.

SIM Partners, a provider of local and social marketing automation SaaS technology, raised $8 million in funding led by River Cities Capital Funds and Jump Capital.

Mantis Vision, a developer of 3D enabling technologies and solutions, raised $12.5 million from Qualcomm Ventures, Flextronics Lab IX, Samsung Ventures and Sunny Optical Technology.

Advertising technology startup Appier raised a $6 million Series A round from Sequoia Capital.

VeloCloud Networks, a provider of Cloud-Delivered WAN, raised $21 million in funding from New Enterprise Associates, Venrock and The Fabric.

Email encryption startup Virtru raised a $6 million round of financing led by Bessemer Venture Partners (BVP), bringing the total raised to $10.3 million.

SavingGlobal, an online marketplace for savings accounts in Europe, raised €7.5 million in funding led by Index Ventures.

Walker & Co., the companty behind the Bevel, a shaving solution for men with coarse and curly hair, raised $6.9 million led by Andreessen Horowitz with participation from Upfront Ventures, Collaborative Fund, Daher Capital and Johnson + Partners.

BioCatch, a provider of behavioral biometric authentication and threat detection, raised a $10 million round led by Blumberg Capital and OurCrowd. Existing investors also participated in the round.

WeLab, a Hong Kong based  internet finance tech firm, raised $14 million in Series A funding from TOM Group and Sequoia Capital.

Bitcoin security platform BitGo raised $12 million in Series A financing led by Redpoint Ventures, with participation from Bridgescale Partners, Radar Partners, Founders Fund, Bitcoin Opportunity Corp., Liberty City Ventures, Crypto Currency Partners and A-Grade Investments.

Cloud software review management platform Review Trackers raised $2 million funding round led by CSA Partners, along with American Family Ventures, Jeff Rusinow, and SymphonyAlpha Ventures. 

Saltside Technologies, a classifieds platform aimed at emerging markets, raised $25 million from Investment AB Kinnevik.

NIMBOXX, creator of a hyper-scale computing model, raised $12 million in Series A funding from SMC Holdings., an online project management software for professionals, raised $3.5 million led by Zeus Management Limited.

Compliant Innovations, the company behind the DocSpera platform, raised an undisclosed amount of funding from investors that include Lifeforce Ventures and Attractor Ventures.

Galvanize, a network of urban campuses for entrepreneurs, raised $18 million in Series A funding from University Ventures Fund.

Rhiza, a provider of marketing analytics tools that make Big Data actionable for marketers and salespeople, raised$3 million led by Draper Triangle Ventures with participation from Arthur Ventures, and Camp One Ventures.

Cloud Elements, which offers a single API that can collaborate between multiple cloud service, raised $3.1 million in a Series A round of funding from Grotech Ventures, Icon Venture Partners, and Galvanize Ventures.


Late stage

Grocery delivery company Instacart raised $44 million in a Series B round of funding led by Andreessen Horowitz, with participation from Sequoia Capital, Khosla Ventures and Canaan Partners, as well as Aaron Levie and Sam Altman. 

Namely, a cloud-based human capital management platform, raised $4.7 million from True Ventures, Lerer Ventures, Bullpen Capital, and VaynerRSE, 

ClearCare, a software platform for home care agencies, raised an $11 million round led by Bessemer Venture Partners. Cambia Health Solutions, Voyager Capital, Qualcomm Ventures, and Harbor Pacific Capital also participated.

Kony, a provider of mobile and multichannel application platforms, raised $50 million in a round led by SoftBank Capital, with participation from Insight Venture Partners, Telstra Ventures, Georgian Partners, Delta-V and Hamilton Lane. 

HelloFresh, an e-Commerce service for cooking ingredients, raised $50 million in Series D funding led by Insight Venture Partners, with participation from Phenomen VC.

Zerto, a software-based platform for workload mobility, raised $26 million in Series D financing led by Harmony Partners, with participation from Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners.

Venture capital firm Bain Capital Ventures raised a combined $850 million for its two latest funds.

ThoughtSpot, a provider of search and data analysis, raised $30 million led by Khosla Ventures, along with Aaron Levie.

Ostrovok, a Russian accommodation booking startup, raised a $12 million financing round investment led by Vaizra Capital Russia.

Mobile couponing app Ibotta raised $20 million in Series B funding led by Jim Clark. Tom Jermoluk also participated. 

Clari, a mobile-first sales productivity platform, raised$20 million Series B funding round led by Bain Capital Ventures. Northgate Capital and Sequoia Capital also participated.

Chinese cloud provider UCloud raised $50 million in a round led by Bertelsmann Asia Investments and Legend Capital.

Later-stage venture capital firm Greycroft Partners closed on $200 million for its first growth fund.

Shasta Ventures, a boutique, early-stage venture firm, raised a $300 million fund, its fourth fund overall.

ForgeRock, an open platform provider of identity relationship management solutions, raised $30 million round led by Meritech Capital Partners, with Accel Partners and Foundation Capital also participating.

Puppet Labs, a provider of IT automation software, raised a $40 million round from Cisco, Google Ventures, Kleiner Perkins Caufield & Byers, Triangle Peak Partners, True Ventures and VMware.

Latino digital multichannel network MiTú raised $10 million in a funding round led by Upfront Ventures.

BucketFeet, a footwear and design startup, raised $3.7 million in funding led by Bridge Investments and Jumpstart Ventures, with participation from investors that included Levy Family Partners and Listen Ventures.

Lucid, which is behind the BuildingOS platform, raised $8.2 million led by Formation 8 Partners, along with Zetta Venture Partners.

ounterTack, which delivers real-time endpoint threat detection, context and visibility around targeted attacks, raised $5 million from Razor’s Edge Ventures.

Dynamic Yield, developer of a real-time website optimization and personalization platform, raised a $12 million Series B funding round led by Marker LLC, with participation from Bessemer Venture Partners, Innovation Endeavors, the New York Times Company and ProSiebenSat.1 Media AG.

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ForgeRock is the global open source vendor behind the I³ Open Identity Platform. ForgeRock identity-oriented technology powers solutions for thousands of the worlds largest companies and government organizations. The I³ vision is to deliver a fully open source platform for the creation of interactive web and cloud solutions using identity throughout. I³ products currently include: OpenAM (Access Manager) for Authentication, SSO, and Cloud-enabled Federation; OpenIDM (Identity Manager) the ultimately scalable identity lifecycle management and provisioning solution and OpenDJ (Directory Java) the leading next gen identity repository. ForgeRock technology is built on open standards and deployed by a global network of system integrator, consulting and training partners. I³ products are supported for mission-critical operations by ForgeRock enterprise lifecycle subscriptions. 



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BucketFeet is Artist Designed Footwear.  We provide a manufacturing, distribution, and social media platform for artists to directly connect with consumers from around the world.  People are passionate about our brand story and how world-travel, volunteering, and working with street artists from the favelas of Rio de Janeiro inspired us to start a footwear brand focused on connecting people, spreading art, and giving back.



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Aaron Levie

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CO-Founder and CEO of Box.