San Francisco-based Bento for Business, which provides financial services for small businesses, has raised $2.5 million in funding. Anthemis Group led the round with participation from other investors that included Blumberg Capital, LionBird and Pivot Investment Partners.
4 min read · 12 February 2015
Wells Fargo has agreed to provide $100 million in funding to CarePayment, a portfolio company of Aequitas Capital. Based in Lake Oswego, Oregon, CarePayment is a healthcare finance firm that helps people manage their out-of-pocket medical expenses.
3 min read · 11 February 2015
Music discovery platform TuneGO has closed $1.2 million in funding. The investors included serial entrepreneur Chris Murray and Pasadena Angels investor Kenny Kam.
4 min read · 11 February 2015
Cambridge, Massachusetts-based MineralTree, a provider of accounts payable and payment automation solutions for growing companies, has raised $11.1 million in Series B funding. First Data led the round with participation from return backers .406 Ventures and Fidelity Growth Partners. In addition to the funding, Andrew Gelb of First Data has been added to MineralTree's board of directors.
3 min read · 11 February 2015
Zetta Venture Partners has closed its first fund at $60 million. The pool will focus on early-stage analytics companies, mostly in the enterprise and industrial sector. Mark Gorenberg and Ash Fontana are the venture firm's managing directors.
3 min read · 11 February 2015
Dining app Reserve has raised $15 million in Series A funding, the company announced in a blog post on its site. Human Ventures Capital led the round with participation from other investors that included First Round, Lowercase Capital, Advancit Capital, Sherpa Ventures, SV Angel, Venture51, Visionnaire Ventures, Jared Leto, Jon Favreau and Will.i.am. To read more about the funding, visit here.
1 min read · 11 February 2015
Datadog has bought New York-based Mortar Data, which helps companies build big data applications and data pipelines. No financial terms were disclosed. Datadog's backers include Index Ventures, RTP Ventures, Openview Venture Partners and Amplify Partners.
3 min read · 11 February 2015
Global property portal Lamudi has secured $18 million in funding. The backers were Asia Pacific Internet Group, Holtzbrinck Ventures and Tengelmann Ventures.
4 min read · 11 February 2015
According to the latest Silicon Valley Venture Capitalist Confidence Index, Silicon Valley VC confidence inched up slightly higher in the fourth quarter of '14 versus the previous quarter. This happened despite concerns over inflated valuations in some sectors. Reasons cited for the slight increase in confidence include a strong exit market and a vibrant level of entrepreneurial activity within the Silicon Valley community. But even with these positive trends, experts are still expressing caution when looking ahead. To read the report discussing the latest findings, visit here.
1 min read · 10 February 2015
Parklet, an onboarding and culture integration platform, has secured $1.5 million in seed funding, according to a blog post on its site. Jason Lemkin of Storm Ventures and Greylock Ventures' Joseph Ansanelli and Sarah Guo led the round with participation from other investors that included FundersClub, Winklevoss Capital and Western Technology Investment. Also, Parklet has appointed Lemkin to its board of directors. To read more about the funding, visit here.
1 min read · 10 February 2015
