Funding roundup - week ending 8/29/14

Steven Loeb · August 29, 2014 · Short URL:

Snapdeal, DreamsCloud, The Honest Company, Dynamic Signal, DraftKings, Brandnew, Bizible, Wakie

Seed stage

Brandnew, a startup that connects brands with Instagram and Pinterest influencers to deliver native ads, raised $845,000 from a network of investors including Berlin Ventures, PubliGroupe and Lukas Kirche. The company also received a $1.1 million grant from the city of Berlin.

Wakie, a wake-up call app, raised $1 million in funding from LETA Capital and Titanium Venture Capital.

Rockbot, a virtual jukebox solution for businesses, raised an undisclosed amount of funding from Universal Music Group, 

Jukedeck, creator of software that can write music, raised £500,000 from Cambridge Enterprise and Cambridge Innovation Capital.

Zuli, creator of a low-energy smartplug, raised a $1.65 million seed round of funding from Menlo Ventures, Winklevoss Capital, Logitech, DeNA, XG Ventures, FreedomPop CEO Stephen Stokols, and Hossein Eslambolchi. 

 Strut, a social shopping app, raised $1.5 million in seed funding in a round led by Khosla Ventures.

College counseling service Admittedly raised a $1.2 million seed round from Quotidian, RRE, Correlation, Joanne Wilson, and Shawn Byers.

Traklight, a provider of cloud-based software for identifying and protecting IP, raised $350,000 in angel funding from private investors, primarily based in New York.

 NeoReach, has developed a platform that rewards people on a pay-per-click (PPC) basis for sharing links through blogs, social media or other means. It is emerging from a trial period and formally launching this week.

Influence marketing company NeoReach raised $1.5 million seed round led by, with Greg Slyngstad and Bill Veghte participating. 

Sales prospecting tool Datanyze raised $2 million in a seed funding round led by IDG Ventures, with Google VenturesMark CubanAngelListGil Penchina, Neeraj AgrawalJeff Epsteinand Kyle York participating. 

BugHerd, a bug tracker for Web developers and designers, raised $1 million from Tank Stream Ventures and Starfish Ventures, in conjunction with 500 startups.


Early stage

DreamsCloud, an online dream resource, raised a $2 million round from Sphere Capital Holding.

Korbit, a Korean bitcoin exchange, wallet and merchant processor, raised a $3 million Series A funding round led by SoftBank Ventures Korea and Pantera Capital, with participation from BAM Ventures, Bitcoin Opportunity Corp., Tim Draper, Pietro Dova and Strong Ventures.

Feedvisor, an algorithmic pricing and business intelligence platform for online retailers, raised $6 million in Series A funding, led by Square Peg Capital, along with JAL Ventures, Oryzn Capital and Micro Angel Fund.

Job recruiting website ZipRecruiter raised $63 million in Series A funding from IVP,  Basepoint, and Industry Ventures.

AirStrip, a provider of mobile healthcare apps, raised a $25 million round led by the Gary and Mary West Health Investment Fund, Sequoia Capital and Wellcome Trust.

Glassbeam, a machine data analytics company in the Internet of Things space, raised $2 million in a funding round led by VKRM Group.

Enevo, a provider of trash bin sensors, raised $8 million in funding from Earlybird, Lifeline Ventures, Finnish Industry Investment and Draper Associates. 

Ybrain, the creator of wearables for Alzheimer’s patients, raised $3.5 million in Series A funding led by Stonebridge Capital.

Plasticity Labs, which uses data analytics to measure workplace morale, raised $2.1 millionin a round led by Fibernetics Ventures. 


Late stage

Indian online marketplace Snapdeal received a personal investment of an undisclosed amount from Ratan Tata.

The Honest Company, a subscription service that offers eco-friendly baby and family products, raised $70 million in a round led by funds associated with Wellington Management Company, along with other leading public market institutional investors, and Lightspeed Venture Partners, Institutional Venture Partners, General Catalyst Partners and ICONIQ Capital also participating.

Dynamic Signal, an employee advocacy solution, raised $12 million in a round led by Rembrandt Venture Partners, with participation from Venrock, Trinity Ventures, Time Warner Ventures and Cox Enterprises.

Daily fantasy sports website DraftKings raised $41 million in a round led by The Raine Group, with participation from existing investors Redpoint Ventures, GGV Capital, and Atlas Venture.

Bizible, a provider of marketing performance management software, raised $8 million in funding led by Scale Venture Partners, with participation by Tim Kopp, Madrona Venture Partners, MHS Capital, Investment Group of Santa Barbara, and Rob Glaser.

Wikia, a web hosting company of community-based websites, raised $15 million in Series D funding from Digital Garage, Amazon, Bessemer Venture Partners and Institutional Venture Partners, as well as a group of additional investors "with strategic strength in Japanese and Asian expansion."

Nutanix, a Web-scale converged infrastructure company, raised a $140 million Series E funding round led by "two premier Boston-based public market investors."

Pluralsight, a provider of online training for technology professionals, raised $135 million in a Series B funding round led by Insight Venture Partners, with ICONIQ Capital and Sorenson Capital participating. 

Artiman Ventures, an early stage investment firm, raised $350 million in two funds, an early stage fund and a captive growth fund. 

Sofatutor, a German online learning platform, raised €3.5 million in a round led by Cornelsen, along with Acton Capital Partners, JCMB Beteiligungs GmbH and IBB Beteiligungsgesellschaft mbH.

Iyzico, a Turkish platform for e-commerce sites to accept online payments raised a $1.4 million series B round led by 212 Invest, along with Pahicle and Speedinvest .

GoEuro, a multi-mode travel search engine, raised $27 million in a Series A funding round led by New Enterprise Associates, with Battery Ventures, Hasso Plattner Ventures and Lakestar also participating.

Lumiata, a provider of predictive analytics around medical science and patient data, raised $5 million  

Ticket search engine SeatGeek raised a $35 million Series B round of funding led by Accel Partners. Other participants included Causeway Media Partners, Peyton Manning, Eli Manning, Stanford University Athletics, Rob Glaser, Shane Battier, Mike Dunleavy Jr., Nas, Melo7 Tech Partners and existing investors, including Mousse Partners and Thomas Lerhman.

Subscription e-commerce company JustFab raised $85 million in a round led by Passport Special Opportunity Fund, with participation from Matrix Partners and Shining Capital.

IFTTT, a platform for controlling how iOT devices communicate with each other, raised $30 million in Series B funding led by Norwest Venture Partners with participation from Andreessen Horowitz.

Asian music streaming service provider KKBOX raised $104 million from from Singapore GIC. 

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SeatGeek forecasts the price of sports and concert ticket on the secondary market, analogous to what Farecast (now Bing Travel) does for airline tickets. For ticket buyers this helps determine whether to buy a ticket immediately or wait for a price drop. For sellers it helps identify the optimal time to unload their tickets.

SeatGeekā€™s crawlers have compiled millions of ticket transactions and have also aggregated other factors that influence prices. SeatGeek's patent-pending technology uses this data to accurately predict prices.

SeatGeek offers a free version for buyers and will soon release a premium version for brokers and other sellers.



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Rockbot disrupts traditional out-of-home music services ($2bn industry) such as Muzak and the jukebox at restaurants, bars and businesses by combining custom streaming music and a jukebox app that lets customers engage from their smartphones.

Consumers get to:

  • Pick the songs playing at businesses that have Rockbot
  • Vote on upcoming music to impact the order of what's played 
  • Share your plays on Facebook & Twitter with photos and tag friends
  • Discover and download songs that are playing at the venue
  • Sync favorite music from your device, Facebook, and
  • Unlock rewards, enter giveaways, and view food & drink specials at the venue

Businesses get to:

  • Easily customize and control the vibe of their locations 
  • Access 4 times more variety than existing solutions with over 13 million songs and over 500 playlists
  • Engage their customers with an exciting mobile app experience
  • Increase dwell time (avg. Rockbot user stays 27 mins longer) and check-ins (Rockbot drives 4x more check-ins per location than Foursquare)
  • Set playlists to automatically change by time of day or day of week, and assign admin access to managers and staff
  • Increase their brand social media buzz as users share their plays and check-ins
  • Activate Rockbot's free Automated Social Marketing suite -- the first of its kind in the industry -- with advanced features for enterprise and SMB
  • Run the Rockbot TV channel at their venues, displaying the music playing, user engagement, promotions and social media content
  • On-screen platform is built in HTML5 to run in the browser, on digital media players like Roku, or on popular digital signage platforms

Our patent-pending platform is the only out-of-home streaming solution that works across platforms to serve any size or type of business. 

Rockbot is currently working with brands and enterprise chains such as Miller Lite, Buffalo Wild Wings, Burger King, JetBlue, Caesar's Entertainment, LuckyStrike, The Melt, and many more, as well as SMBs across the U.S. Rockbot is the #1 rated consumer jukebox app with ratings of 4.5 stars on both the iPhone App Store and Google Play.



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Jukedeck provides unique, personalised music at the touch of a button. Our technology composes original music based on a user's settings, giving video creators, games developers and other users a simple way of sourcing music. Our mission is to give every experience the perfect soundtrack.



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JustFab ( is an online fashion styling service and
lifestyle fashion brand that offers members a fun and engaging personalized
shopping experience. Members of the fashion service are given the celebrity
treatment every month as they receive a customized selection of shoes and
handbags, handpicked by stylists, along with the JustFab basics of denim and
other fashion essentials. VIP members can purchase items for $39.95 and
shipping is always free.

The Honest Company


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The Honest Company (, founded by Jessica Alba, Christopher Gavigan, Brian Lee and Sean Kane, was created to ensure that parents have access to non-toxic, eco-friendly, effective and beautiful family products that don't break the bank. offers essentials for every family member including diapers, wipes, bath, skin care, home cleaning and health & wellness products conveniently door-delivered through a monthly subscription service of customized product bundles or single item purchase. As a certified B Corporation, The Honest Company strives to promote sustainability, engage employees and community, and support non-profit initiatives working to solve critical health and social issues affecting children and families. Available in the U.S. and Canada.



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ZipRecruiter offers the fastest and easiest way to get a job listing in front of millions of candidates. ZipRecruiter's web-based platform streamlines the hiring process by enabling companies to post a job on 25+ leading job boards with one click and manage all applicants through a simple online interface. By providing a central location for finding, screening and tracking applicants, ZipRecruiter empowers employers to quickly make the best hiring decisions, at a fraction of the cost of traditional job boards.



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Datanyze provides actionable insight on your lead’s technology footprint.

Datanyze’s unique discovery tool continuously examines millions of websites to determine which technologies are being used. Datanyze’s customers can set up custom alerts and get notifications whenever a website starts or stops using a particular web technology.

Datanyze has integrated with 3rd party solutions to provide information about leads and contacts directly in the web app. Customers also have access to all of Datanyze’s information right from their accounts.

The company was started in 2012 and is already used by a number of well-known companies such as KISSmetricsBrightcoveEdgecast and Dyn.

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