E la Carte, which makes a tablet for the restaurant and hospitality industry for patrons to order and pay for food and drinks at their seats, has raised $13.5 million in a Series B round led by Intel Capital and including Romulus Capital and several other past investors. The Palo Alto, Calif.-based company, a graduate of the Y Combinator program, had previously raised more than $4 million in seed and Series A rounds in 2011, according to Thomson Reuters. Previous investors include SV Angel, Lightbank (the Chicago fund started by Groupon co-founders) and several angel investors, including Dave McClure and Skip Sack (the former chairperson of the National Restaurant Association).
3 min read · 24 June 2013
Surge Performance Training, which helped Robert Downey Jr. get in shape for "Iron Man 3," emerged from stealth today and announced it has raised $750,000 in seed-stage funding. Angel investors behind the Austin, Texas-based company include Greg Waldorf, CEO-in-Residence at Accel Partners, and Philip Cannon, Trustee of PIMCO Funds and Princeton University.
4 min read · 20 June 2013
Cloud service provider CloudByte has raised a $4 million Series B round of funding that was led by Fidelity Growth Partners India and included existing investors Nexus Venture Partners and Kae Capital. The Campbell, Calif.-based company has now raised $6.1 million in total funding, following a $2.1 million Series A round that was led by Nexus in June 2012.
4 min read · 18 June 2013
Accel Partners has allocated another $100 million for its Big Data Fund 2, and the firm has added Anthony Deighton, CTO of Qlikview, and Shlomo Kramer, CEO of Imperva, to its advisory council.
2 min read · 18 June 2013
Early-stage investor Hyde Park Venture Partners announced this morning that it has wrapped up its inaugural fund with $25 million in commitments. The firm, which did not disclose LPs, was founded in late 2011 by a team of area angel investors to invest in early-stage technology companies in the Midwest, with a focus on Chicago. The firm aims to back tech-enabled business, consumer services and healthcare IT companies that are raising a first or second round of institutional capital. Hyde Park list seven companies in its portfolio.
3 min read · 13 June 2013
Big data company GoodData has raised a big round of $22 million, led by TOTVS Ventures, the investment arm of the big Brazilian enterprise software company TOTVS S.A. Also participating in the round are existing GoodData investors Andreessen Horowitz, General Catalyst Partners, Next World Capital and Tenaya Capital. San Francisco-based GoodData, which helps corporations crunch data generated by SAP and other enterprise software programs, has now raised about $75 million in total funding.
4 min read · 13 June 2013
San Francisco-based Compass Quality Insight announced it has raised $2 million in funding from Bain Capital Ventures and XSeed Capital. The company, which develops quality assurance software, was founded in 2012. Board members include Ben Nye of Bain Capital Ventures and Robert Siegel of XSeed Capital.
3 min read · 11 June 2013
Cloud communications company Twilio has raised a $70 million Series D round co-led by Redpoint Ventures and Bessemer Venture Partners, with Draper Fisher Jurvetson also participating. As part of the deal, Scott Raney, a partner with Redpoint, has joined the board. The San Francisco-based company has now raised about $103 million n total funding.
4 min read · 07 June 2013
RockHealth, the San Francisco-based incubator focused on healthcare IT, announced this morning in a blog post that it has chosen its next class of startups, it plans to move to new space later this year and it has added new corporate sponsors to its roster of supporters. The new class of startups to join the accelerator are RockHealth's fifth such class since the organization was launched in June 2011.
3 min read · 05 June 2013
Fastly, a San Francisco-based provider of a content delivery network, has raised a $10 million Series B round of funding from August Capital. The company, founded in 2011, previously raised more than $1 million in Series A and seed-stage funding from such investors as Battery Ventures, Reilly AlphaTech Ventures and individual investors, including Sunil Dhaliwal, now a founder of Amplify Partners.
3 min read · 05 June 2013
