Biden doubts Medicare benefits expansion; SonderMined acquires predictive analytics platform QntfyRead more...
FAASOS raised $30M; Shoes of Prey landed $15.5M; Gousto secured $13.6M funding
- Zenatix Solutions, an internet-of-things (IoT) driven energy-data analytics startup has raised an undisclosed amount of follow-on funding led by seed focused fund Blume Ventures. This comes about five months after the Gurgaon-based startup raised Rs 1.27 crore from angel investors including Google country chief Rajan Anandan, along with Snapdeal Cofounders Kunal Bahl and Rohit Bansal, and Trifecta Capital's Rahul Khanna Founded by three IIT-Delhi classmates.
- Feeligo, a Paris, France-based provider of a native advertising solution targeting mobile conversations, raised €1.5 million (approximately $1.6 million) in funding. Iris Capital made the investment. The company intends to use the funds to accelerate its ongoing international development and open an office in New York. Led by Jonathan Levy-Bencheton and Davide Bonapersona, Feeligo provides a platform to create and manage native ad campaigns with rich media content (Stickers, Gifs, Videos) inside mobile and social conversations.
- Gimlet Media, a US podcast network started by former National Public Radio producer Alex Blumberg, has raised $6 million in funding that values the company at $30 million in a round led by Graham Holdings, a former owner of the Washington Post. The investment comes at the end of a year that has seen a resurgence in the decade-old podcasting format, spurred by breakout shows including Serial and NPR’s Invisibilia and by a business model driven by native advertising.
- Gigster, a San Francisco, CA-based on-demand software development and design provider, raised $10 million in Series A funding. The round was led by Andreessen Horowitz with participation from Y Combinator’s Y Combinator Continuity Fund I, Ron Conway of SV Angel, Ashton Kutcher of Sound Ventures and Jason Calacanis of Launch Fund. In conjunction with the funding, Andreessen Horowitz Partner and former SuccessFactors CEO Lars Dalgaard will join Gigster’s Board of Directors. The company intends to use the funds to invest in its core technology and grow its market position.
- Masabi, a mobile ticketing and innovative fare collection for transportation, today announced a $12 million funding round with investment from leading international public transport operator Keolis, Lepe Partners, MasterCard, and existing investor MMC Ventures. This latest round, including corporate partners for the first time, marks a step change in Masabi’s growth and speed to market.
- UK-based Gousto, a recipe box delivery company, has secured £9 million ($13.6 million) in funding. Gousto’s backers include BGF Ventures, MMC Ventures, Unilever Ventures and the Angel Co-Fund. In conjunction with the funding, Simon Calver, a partner in BGF Ventures, has been added to Gousto’s board of directors. The new funding will be used to drive amazing product improvements in 2016.
- The latest to take its turn on the fashion catwalk is Shoes of Prey, the Khosla Ventures-backed, on-demand customized shoe retailer, which has raised $15.5 million from a syndicate of investors including the retail giant Nordstrom. The round was led by the Australian firm Blue Sky Capital, with participation from Greycroft Partners and previous investor Khosla Ventures. Part of the funding will be used to firmly entrench the Sydney-based startup in its new home in Los Angeles, according to the company’s co-founder Jodie Fox. The money will also be used to add new products to the Shoes of Prey roster (the company intends to roll out a line of boots next winter).
- MD Revolution, a chronic care management (CCM) and patient engagement solutions has completed a $23 million financing round, co-led by Chicago-based Jump Capital and a leading global healthcare technology company. This brings their total raised to over $30 million. MD Revolution’s first CCM customers enrolled in February 2015 when the first payments were made for the new Medicare Part B CCM code. MD Revolution now serves over 100 practices and plans to add hundreds of additional practices representing several hundred thousand patient users next year.
- Faasos has raised $30 million from Russian firm ru-Net. Existing investors including Sequoia Capital and Lightbox Ventures also participated in the funding round. The raised funds will be used to expand operations and make acquisitions. The company also plans to expand the range of its in-house brands and launch new services like Faasos Daily, a mobile application for time-slotted food deliveries. The Pune based startup currently operates in 15 cities and has more than 160 distribution centres. Earlier, the company had raised $20 million led by Lightbox.
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Image source: venturebeat.com
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