This Tuesday morning find out what lenders may know that borrowers may not, how to really access value in venture capital and what the top jobs in tech are this week.
1 min read · 17 December 2013
Education startup Koru has announced $4.35 million in funding. Investors are Maveron, who led the round, Battery Ventures, First Round Capital and a16z seed as well as a small number of individual investors.
4 min read · 12 December 2013
Littlejohn & Co has completed a significant equity investment in Newgistics, a provider of e-commerce solutions and services for brands and retailers. Newgistics will continue to operate as an independent entity, and the executive and management team will remain in place.
2 min read · 12 December 2013
Loop has secured more than $10 million in funding. Loop is a Boston, MA startup that allows consumers to securely store and organize all their plastic cards (payment, gift, loyalty, membership, etc.) and use them virtually everywhere (works at 90% of retailers) with the device of their choice.
3 min read · 12 December 2013
XL Hybrids has raised $3 million in a pre-Series C debt financing round from WindSail Capital Group. XL Hybrids is a developer of a low-cost hybrid electric powertrain designed specifically for class 1 to 4 commercial fleet vehicles.
3 min read · 12 December 2013
Principal Enterprise Capital has appointed David Gottschall and Emily Slovitt to the firm as managing director and investment manager, respectively. Principal Enterprise Capital is a real estate private equity investment manager and subsidiary of the Principal Financial Group.
3 min read · 12 December 2013
Instacart, a service that can deliver groceries from multiple local stores within an hour, has expanded to Boston. In June, Instacart raised $8.5 million in Series A funding and announced its intention to expand to 10 additional major cities by the end of 2014. Chicago and now Boston are the first of those ten cities.
3 min read · 12 December 2013
Private enterprise mobile platform company KidoZen, has received a $5 million Series A financing from Third Point Ventures. KidoZen is a next generation enterprise mobile application platform that provides enterprise-ready backend capabilities to mobile applications.
3 min read · 12 December 2013
Quadro Capital Partners and FOREX CLUB founders Vyacheslav Taran and Oleg Reps have announced the launch of the FXC-QCP VC venture capital fund. The fund will be focused on investments in the area of online financial services and adjacent fields.
2 min read · 12 December 2013
Wedding Spot, an online site to help future brides and grooms search, price, and compare wedding venues, has raised $225,000 in seed funding. Investors include Internet veterans Erik Blachford (former CEO of Expedia), Eric Liaw (Institutional Venture Partners), and David Rodnitzky (Founder & CEO of 3Q Digital).
4 min read · 12 December 2013
