Harrison.ai raised $92.3 million USD, Droplette secured $15.4M,Read more...
Credit Benchmark raised $20M; Zesty landed $17M; Aveni secured $13.5M
- Virtuous Software LLC, an enterprise generosity platform raised $700,000 in seed funding to further its customer relationship management software, which helps nonprofits raise more money. The $700,000 funding for Virtuous closed earlier this month, with investments from private investors and Louisville, Kentucky-based Access Ventures.
- room.me, a Berlin, Germany and San Francisco, California-based roommate matching service, raised $1.1million in funding.Backers included Axel Springer Plug and Play, Grazia Equity Partners and international business angels.The company is using the funds to expand the service. Led by Max Kersting, CEO & Co-Founder, room.me allows people to upload a room to room.me, answer a few standard questions and then have the opportunity to set a deal breaker. The matching algorithm then goes to work to find potential matches.The service is launching in Silicon Valley.
- Mobikon, a customer engagement and marketing platform for restaurants, secured $2.3 million growth funding, led by Singapore-based Jungle Ventures. Mobikon plans to use the funds to fuel rapid growth across markets such as India, Manila, Singapore & Dubai. With the latest round, Mobikon’s total funding to date touches US$5 million.
- Robocog known for its flagship recruitment search engine HiringSolved, is releasing their latest creation Expanded.IO, a data mining platform for lead generation, in beta July 15. In addition, they recently closed on $2.5 million round led by private investors outside of Arizona, bringing their total funding to $3.5 million. Co-founder Robocog, Shon Burton, said the raise will be used for sales and marketing expansion for HiringSolved and a good chunk for Expanded.IO development.
- Busuu — a social network for language learning announced a $6.7 million funding round from McGraw-Hill Education, a learning science company in return for a minority equity stake. But the deal is not just for cash. McGraw-Hill will now get exclusive global rights to distribute busuu to its B2B customers, including schools, private language institutions and corporations.
- Omaze, a charity platform that democratizes traditionally pricey prizes so that everyone can participate, closed a $9 million Series A led by FirstMark Capital. This latest round of funding will help the company expand beyond blow-out campaigns to offer a self-serve model, allowing any charity, school, or individual to raise funds on the platform.
- TRACE Live Networks, developer of The TRACEr1 – a visually intelligent SmartCamera capable of following its owner almost anywhere and live-streaming captured footage to the Internet - announced a $7 million ‘B’ financing round bringing the company’s total funding-to-date to $10 million. The round was led by Salman Partners and Varo Capital.
- Mailjet, one of many email providers, bagged an $11 million Series B funding round, bringing its total to $17.5 million from Iris Capital, Alven Capital, and new investor, Seventure. The company is using the funds to expand globally and continue adding to their suite of tools for better personalized emails.
- CircleBack, Inc., a contact intelligence platform closed a $12 million funding round led by TDF Ventures, with participation from existing investors Grotech Ventures, Syncom Venture Partners, and CNF Investments. As part of the investment, TDF’s Jim Pastoriza will be joining CircleBack, Inc’s Board of Directors.
- AeroFS, a provider of private cloud collaboration solutions for the enterprise, closed $10 million in Series B financing. The new round, which was led by Avalon Ventures and NHN Investment, will be used to expand product development and marketing for the company's latest private cloud workgroup collaboration offering.
- Zesty, a healthy office catering service scored a $17M Series A funding round led by Index Ventures, with participation from Founders Fund and existing investor Forerunner Ventures. The funding round will enable Zesty to many other markets outside San Francisco and more than double their current team of 30 over the next 12 months.
- Scale Computing, an Indianapolis, IN-based provider of hyperconverged solutions, closed on an $18 million funding round. The round was led by ABS Capital Partners and, in conjunction with the funding, ABS Capital general partners Laura Witt and Bobby Goswami will join Scale’s board of directors. The company intends to use the funds to launch new products to global customers.
- Credit Benchmark, an independent source of consensus credit risk information, announced new Series B funding and its expansion into the US. It also launches its service to contributing banks, with the first release of its consensus data. The $20 million round was led by new investor Balderton Capital with participation from existing partner Index Ventures.
- Cloud-based leasing management company VTS landed $21 million in a Series B financing round. OpenView Venture Partners led the round, which brings the total investment in VTS to $34 million and illustrates venture capital’s continued zeal for commercial real estate.
- Alchimer S.A., a leading provider of metallization technologies for damascene, through silicon vias (TSVs), MEMS and other electronic applications, today announced that the company has been renamed Aveni. The company also secured $13.5 million in funding from a variety of sources, including a semiconductor chipmaker, ALIAD (Air Liquide Venture Capital), Idinvest Partners, CEA Investissement, Auriga Partners, Panasonic and a private investor.
- Arivale has a big bankroll and backers to expand from Seattle into San Francisco and beyond. The company has secured a $36 million Series B round from Arch Venture Partners, Polaris Partners, and Maveron, a fund cofounded by Starbucks mogul Howard Schultz. As Xconomy reported last month, the for-profit Arivale is being spun out of a not-for-profit long-range health study, the 100,000 Wellness Project, that originated at Seattle’s Institute for Systems Biology.
- Ticketfly, a San Francisco-based software company reimagining the live event experience for promoters and fans, closed its $50 million Series D financing. The round was led by Riverwood Capital, a globally-focused private equity firm that invests in fast-growing, late-stage technology companies. Ticketfly will use the funds to accelerate development of its industry-leading cloud-based live events platform, including new products and services for its existing client base.
- Bengaluru-based on-demand shipping services startup Parcelled.in has secured an undisclosed amount of funding from logistics firm Delhivery and Tracxn Labs, according to a press release. The startup would utilise the money received to strengthen its technology and back-end infrastructure. The company will also use the funds to expand services to at least eight cities over the next six months, it said.
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to firstname.lastname@example.org.
Image source: venturebeat.com
Support VatorNews by Donating
Read more from our "Daily Funding Roundup" series
Amazon Health sells healthcare services to Hilton; Athenahealth acquired for $17 BillionRead more...
How Microsoft can transform healthcare delivery; Trusted has raised $94M; Aptihealth landed $50Read more...
Related Companies, Investors, and Entrepreneurs
Joined Vator on
Many venture firms would be best described as a collection of free agents who pursue their own deals and share offices and overhead with their partners. They are more mercenary than missionary and will tell you to focus more on the individual partners and less on the partnership. We hope to have the opportunity to show you how we are different.
We are true partners who have built our own firm together, brick by brick; the same way you are building your company. When we commit to supporting your company, each and every partner in our firm commits to contributing his or her network, creativity and resources towards achieving your success. We are big believers in the power of teams.
We believe you will want an investor with whom you can build a close, supportive relationship over a number of years, yet who will be bold enough to challenge your thinking and your expectations. If Index looks like a good fit, we encourage you to learn about us through the stories and news articles on this website. We invite you to read about the companies we have invested in, and to speak to the entrepreneurs we have partnered with. Their experience is our best reference.
Joined Vator on
Avalon’s long-standing and successful focus has been on seed and early stage companies, including many it formed in the life science and information technology sectors. We believe this is the most challenging and rewarding period of company creation – we are former entrepreneurs driven by passionate people pursuing disruptive ideas in ever changing market environments.