Funding roundup - week ending 4/17/15

Steven Loeb · April 17, 2015 · Short URL:

Sprig, Planet Labs, Courion, NEA, Ascend, Snaps, Acorns, Skyport, 99designs, Adallom, Ticketbis, Ola

Seed stage

Financial technology startup Ascend Consumer Finance raised $1.5 million in seed funding, The round was led by Mucker Capital, with participation from OCA Ventures, Birchmere Advisors and Securian Financial Group.

Poachable, an anonymous talent marketplace, raised $750,000 in seed funding from "several new investors" including. Dawn Lepore.

Spanish ticketing startup Ticketbis raised €3 million in a round led by ACTIVE Venture Partners, Fabrice Grinda and José Marín.

Frenzoo, a developer of 3D lifestyle games for women and girls, raised $1 million in a round led by Fresco Capital, K5 Ventures and Anshe Chung.

Social video player provider Videoo raised $1.625 million in seed funding from Aggressive Growth Partners, other prominent funds and angel investors in the US and Brazil. 

Private music messaging Musicyou raised €300,000 in seed funding from Smart Equity and Brains2Market.

The SquareFoot, an online platform for commercial real estate, raised $2 million in seed funding in a round led by Primary Venture Partners, with participation from RRE Ventures and Triangle Peak Partners, along with unnamed angel investors.

Security software company Phantom Cyber raised $2.7 million in seed funding from Foundation Capital, Rein Capital, Zach Nelson and John W. Thompson.

PepperTap, an Indian grocery delivery startup, raised a $10 million Series A from SAIF Partners and Sequoia Capital.

Muzzy Lane Software, which creates and deploys 3D educational games, received $450,000 from the Massachusetts Growth Capital Corporation.

Hotel search engine Commeasure raised a seed funding round of $1 million led by Jungle Ventures.

Wingz, an airport ridesharing startup, raised a $2 million round led by Florence Venture Partners, Binux Capital, Blue Angel Ventures, and Larry Marcus/

Indian services marketplace UrbanClap raised $1.6 million in funding from Flipkart backer Accel Partners, SAIF Partners, and Snapdeal founders Kunal Bahl and Rohit Bansal.

COBI, developer of a smart connected biking system, raised more than $4 million from Capnamic Ventures, Iris Capital and Creathor Venture. Private investors from COBI's seed round of financing also participated., a platform for building and sharing SaaS integrations, raised a seed round of $2.2 million led by True Ventures, with participation from Redpoint Ventures and Angelpad.


Early stage

Courion, a provider of intelligent identity governance and administration solutions, raised an undisclosed amount of funding from K1 Investment Management/

Snaps, a platform for connecting advertisers with consumers across messaging applications and devices, raised $6.5 million in a Series A round from a number of investors in the technology, media and entertainment industries.

LOVEThESIGN, an Italian home design e-commerce platform, raised more than $4 million in a Series A round led by United Ventures, along with "some very well known families in the Italian fashion and design industry."

Subscription errand service Hello Alfred raised a $10.5 million Series A round led by New Enterprise Associates and Spark, with participation from Sherpa Ventures and CrunchFund.

UniKey, a developer of a smart lock, raised $10 million in a Series A round from Asset Management Ventures, AXCIT, Broadway Angels, CBRE, ff Venture Capital, Samsung, Haas Portman, Oriza Ventures and other global investors. 

Mobile wallet startup Yoyo raised a $10 million Series A round by led by Imperial Innovations, along with Taavet Hinrikus, Philip Riese, and Michael Tobin.

Baofeng Mojing, a Chinese video streaming company, raised $10 million  from Huayi Brothers, Tianyin, Aisidi, and Green Pine Capital Partners. 

Food delivery startup Take Eat Easy raised €6 million in Series A funding from Rocket Internet, DN Capital and Piton Capital.

On-demand marijuana delivery startup Eaze raised $10 million in Series A funding led by DCM Venture, with Fresh VC, 500 Startups and other strategic investors participating. 

Pocket, a platform that helps users save online content, raised $7 million from New Enterprise Associates, with participation from Axel Springer, Digital Garage, Ashton Kutcher and Sound Ventures.

iPad POS startup TouchBistro raised $6 million in a Series A round from Kensington Capital Partners, Relay Ventures, Difference Capital, and JUST EAT, among others. 

Life science data management and collaboration platform Benchling raised $5 million in a round led by Andreessen Horowitz with participation from Thrive Capital.

Mobile bank account app Number26 raised $10.6 million from Valar Ventures, along with Daniel S. Aegerter, Earlybird and Redalpine.

Personal finance service MoneyStream raised $3.2 million in a round led by H&R Block as well as notable angel investors, including Bruno Bowden and Kim Polese.

Brain training company Peak raised a $7 million Series A round led by Creandum, with participation from DN Capital, London Venture Partners and Qualcomm Ventures.

Online health platform meQuilibrium, raised a $9 million Series B round led by Safeguard Scientifics, with participation by Chrysalis Ventures and other investors.

CurrencyFair, a person-to-person currency exchange marketplace, raised €10 million in a round led by Octopus Investments, along with Frontline Ventures.

Attivo Networks, an advanced threat detection technology company, raised an $8 million Series A round led by Bain Capital Ventures.


Late stage

Sprig, an on-demand meal service, raised $45 million in a Series B round led by Social Capital and Greylock Partners, along with Accel Partners, Battery Ventures, Pascal Levy-Garboua, 500 Startups, Ludlow Ventures, Haroon Mokhtarzada, Russ Fradin, Jim Payne, Justin Waldron, Sozo-Truebridge, Lumia Capital, IDG Ventures, CAA Ventures, Fabrice Grinda, Sam Kass, Jed York, Marc Lasry, Karen Francis, Stewart Butterfield,Brian Spaly, Mark Ayzenshtat, Bryan Goldberg and Amitt Mahajan.

Planet Labs, a space and analytics company that has designed its own fleet of satellites, raised $23 million from the International Finance Corporation.

Venture capital firm New Enterprise Associates closed its fifteenth fund with $2.8 billion in committed capital to its core fund, along with an additional $350 million for its NEA 15 Opportunity Fund.

Acorns, a micro-investing mobile platform, raised $23 million in Series C funding in a round co-led by Greycroft Partners and, with participation from Sound Ventures,Garland Capital, and MATH Venture Partners.

Skyport Systems, the developer of Hyper-Secured Infrastructure, raised a $30 million Series B round led by Index Ventures, with participation from Intel Capital and Sutter Hill Ventures.

99designs, a marketplace for graphic design, raised $10 million in a Series B round led by Recruit Strategic Partners, along with Accel.

Cloud access security broker Adallom raised $30 million from Hewlett Packard Ventures, Rembrandt Venture Partners, Sequoia Capital and Index Ventures.

PrimeRevenue, an SaaS-based working capital finance solution, raised $80 million a round co-led by BBH Capital Partners and Battery Ventures.

RetailNext, a provider of applied Big Data for physical retail, raised $125 million led by Activant Capital, along with August Capital, StarVest Partners, Nokia Growth Partners, Commerce Ventures, American Express, Pereg Ventures, Qualcomm Ventures and Siguler Guff & Company.

Personal transportation mobility company  Ninebot raised $80 million in funding from investors including Xiaomi, Sequoia Capital, and Shunwei Foundation.

Online financial services platform Policybazaar raised around $40 million in Series D round from Premji Invest with participation from Tiger Global, Ribbit Capital, Steadview Capital and ABG Capital.

NSS Labs, an information security research and advisory company, raised $7 million from LiveOak Venture Partners and Chevron Technology Ventures. 

Solar design and permitting company GreenLancer raised $5 million from a syndicate of new and existing investors.

Tonara, an nteractive sheet music app, raised $5 million from Baidu and Carmel Ventures. Lool Ventures also participated.

Grofers, an Indian on-demand delivery service, raised $35 million from Sequoia Capital and Tiger Global.

EarlySense, a contact-free monitoring solution, raised $25 million from Mitsui, Samsung, Pitango Venture Capital, Welch Allyn, JK&B, Proseed and Noaber

Duo Security, a cloud-based access security provider, raised $30 million in a Series C round led by Redpoint Ventures, with participation from Benchmark, Google Ventures, Radar Partners and True Ventures

Movidius, a vision processor company, raised $40 million in a round led by Summit Bridge Capital, along with ARCH Venture Partners, Sunny Optical Technology Group, Atlantic Bridge Capital, AIB Seed Capital Fund, Capital-E, DFJ Esprit and Robert Bosch Venture Capital. 

Security startup Illumio raised a $100 million Series C round from BlackRock Funds, Accel Partners, Formation 8, Andreessen Horowitz, General Catalyst, John W. Thompson, Marc Benioff and Jerry Yang.  

Stem, a provider of intelligent energy storage, raised a $12 million Series C round from Mitsui.

CrossChx, a global patient identification solution, raised $15 million in Series B funding led by Khosla Ventures and Drive Capital. 

Cradlepoint, a provider of 4G LTE networking solutions, raised a $48 million Series B round led by Sorenson Capital, with participation from Delta-v Capital and The CAPROCK Group.

Workplace collaboration tool Slack raised a $160 million round from Horizons Ventures, Digital Sky Technologies (DST Global), Index Ventures, Spark Capital Growth, Institutional Venture Partners, Accel Partners, Andreessen Horowitz, The Social+Capital Partnership, Google Ventures, and Kleiner Perkins Caufield & Byers.

On-demand cab service giant Ola raised a $400 million Series E funding round led by DST Global, along with GIC, Falcon Edge Capital, SoftBank Group, Tiger Global, Steadview Capital and Accel Partners.

Mobile shopping app Spring raised $25 million in a Series B round led by Box Group, with participation by Yuri Millner, Groupe Arnault, Google Ventures, and Thrive Capital.

Pepperdata, a provider of Hadoop cluster optimization software, raised more than $15 million in a round led by Wing Venture Capital, wth Signia Venture Partners, Maynard Webb, Citi Ventures and Silicon Valley Data Capital.

Vlocity, a cloud software company, raised $42.8 million in a round led by Salesforce Ventures, with Accenture also participating. 

Cloud-services provider Appirio raised $35 million in funding led by Fidelity Management & Research Company.

Peloton, a stationary bike startup with a built-in tablet for live streaming cycling classes, raised $30 million in Series C funding led by Tiger Global Management, along with True Ventures.

The Flatiron School, which teaches web and mobile software development, raised $9 million in a round led by Thrive Capital, with participation from CRV and Matrix.

Subcription video platform Vessel raised $58 million in a round led by Institutional Venture Partners, along with Benchmark, Greylock Partners, and Bezos Expeditions.

Support VatorNews by Donating

Read more from our "Funding Roundup" series

More episodes

Related Companies, Investors, and Entrepreneurs

99 Designs


Joined Vator on

Name of the company



Joined Vator on

Ascend believes that a less than perfect credit score shouldn’t lock borrowers into a high interest rate. The company’s pioneering product, RateRewards, enables borrowers to earn up to 50% off their interest expense by making responsible financial choices throughout the life of their loan. Through proprietary technology called Adaptive Risk Pricing, Ascend is able to offer loans at rates that reflect real-time performance instead of past behavior. Based in San Francisco, the Ascend team has significant experience in consumer lending, data analytics, and consumer technology. The company is funded by Mucker Capital, OCA Ventures and the venture arm of Securian Financial Group. Learn more at   


Angel group/VC

Joined Vator on

NEA is the entrepreneur’s venture capital firm.

When it is time to take a promising business or business idea to the next level, entrepreneurs want a venture partner who understands and believes in the power of big dreams, bold visions and fresh ideas that have the power to change an industry, a sector, the world.

Moreover, entrepreneurs want a venture partner who knows what it takes—through first-hand experience and carefully nurtured relationships—to make a company succeed, to turn an idea into an action, and to make a plan a reality.

For more than 30 years, NEA has been helping to build great companies. Our committed capital has grown to $13 billion, including a $2.6 billion fourteenth fund closed in 2012. We invest across stage and geography in technology, healthcare and energy.

Remaining nimble as we’ve grown—with more than 65 investment professionals working out of our offices in the US, India, and China and investing across the globe—NEA is the entrepreneur's venture capital firm, consistently ranking among the top firms in portfolio IPOs each year. Since its founding, the firm has backed more than 175 companies that have gone public and invested in more than 290 companies that have been successfully merged or acquired—more liquidity events than any other venture capital firm.

Whether you are seeking investment to get your idea off the ground or looking to propel a proven idea toward greatness, NEA is the venture partner who will be there—because we’ve been there—every step of the way.



Joined Vator on

Anonymous talent marketplace.



Joined Vator on

Name of the company