Trustpilot has secured 10 million euros ($13 million) in venture capital. Index Ventures and existing investors, Northzone and SEED Capital have also invested in the business.
3 min read · 12 December 2012
Jibe Mobile, a Silicon Valley cloud-based global communications provider, has closed $8.3 million in financing with investments by Vodafone Ventures (the U.S. investment arm of Vodafone Group), Tokyo-based game creator MTI, and other investors.
2 min read · 12 December 2012
Circulomics has been awarded two Small Business Innovative Research Phase I awards, totaling $800,000 over two years. The biotechnology spin-off from Johns Hopkins University has also been awarded $75,000 by Maryland TEDCO.
2 min read · 11 December 2012
Brazilian fashion online retailer Dafiti has secured a fourth round of investment worth $65 million. The new round is led by New York-based Quadrant Capital Advisors, which committed $32 million. Additional funding will come from AB Kinnevik, Summit Partners and other investors through a German holding company.
3 min read · 11 December 2012
Mobile merchant platform Cardfree has launched following a $10 million in Series A funding round closed last month. Cardfree is headquartered in San Francisco and is part of a portfolio of companies advised by investor and chairman of the board Jeffrey Katz, who founded payments processor Mercury Payments Systems.
3 min read · 11 December 2012
Search technology provider Coveo has secured $18 million in funding led by Canadian late-stage technology investment firm Tandem Expansion Fund. All major existing investors also participated in the round, including BDC Venture Capital, Propulsion Ventures SEC and Fonds de solidarité FTQ.
4 min read · 11 December 2012
Online education marketplace Udemy has completed a $12 million Series B financing round led by Insight Venture Partners, with additional support from existing investors Lightbank, MHS Capital and Learn Capital. This brings bringing Udemy's total funding to $16 million. The company has also announced the hiring of Dennis Yang as president and chief operating officer.
3 min read · 10 December 2012
OutSmart Power Systems has secured $1.5 million in new funding from private venture investors to support continued product development and commercialization efforts. With the latest round of funding, OutSmart has now raised over $9 million since its founding in 2008. The company is headquartered in Natick, MA.
2 min read · 06 December 2012
Centric Software, a provider of PLM software, has closed on $19 million in series C venture capital financing. Investors include Oak Investment Partners, which led the funding round, and Masthead Venture Partners. The most recent funding was the $11.6 million tranche of the Series C financing.
3 min read · 06 December 2012
Tech company MetroMile has launched and unveiled a first-of-its-kind car insurance product that charges drivers a per-mile rate for the miles they drive each month. The company has raised over $4 million in funding from NEA, Index Ventures, First Round Capital and SV Angel.
4 min read · 06 December 2012