According to an SEC filing, Folloze has raised $1.97 million in Series A funding. The targeted amount for the round is $3.5 million. No investors were identified in the Form D document. Headquartered in Palo Alto, Calif., Folloze, which is in stealth mode, is a company that seeks to "democratize content contribution and distribution in the enterprise."
1 min read · 20 December 2013
According to a blog post on its site, Foursquare has raised $35 million in Series D funding from DFJ Growth and Capital Group's SMALLCAP World Fund. Also, Barry Schuler, managing director at DFJ Growth and ex-AOL CEO, has been named to Foursquare's board. Based in New York and San Francisco, Foursquare is a mobile app that lets users meet up with friends. To read the post, visit here.
1 min read · 20 December 2013
According to a blog post on its site, Cyanogen has raised Series B funding. No financial terms were disclosed but some outlets report the amount to be $23 million. New investors Andreessen Horowitz and Tencent join return backers Benchmark and Redpoint in the round. Andreessen Horowitz's Peter Levine will join Cyanogen's board. Cyanogen is an Android software developer. To read the post, visit here.
1 min read · 20 December 2013
According to a blog post on its site, Knewton has secured $51 million in funding. Atomico led the round with participation from GSV Capital, Accel Partners, Bessemer Venture Partners, First Round Capital, FirstMark Capital and Founders Fund. Silicon Valley Bank provided the debt financing. Based in New York, Knewton is an online education company. To read further details about the funding, visit here.
1 min read · 20 December 2013
Taxibeat has closed $4 million funding from Hummingbird Ventures. The capital will be used for expansion and growth in major international markets. Headquartered in Athens, Greece, Taxibeat is a taxi-hailing startup.
3 min read · 20 December 2013
Global media company News Corp has acquired Storyful for approximately $25 million. Storyful CEO Mark Little and executive editor David Clinch will continue to lead the company’s operations while Rahul Chopra, senior vice president of video for News Corp, has joined Storyful as chief revenue officer. Based in Dublin, Ireland, Storyful is a social news agency. Its backers included SOS Ventures and ACT Ventures.
3 min read · 20 December 2013
Lucibel has raised 15 million euros in financing. The investors were Bpifrance, Aster Capital and CM CIC Capital Innovation. Based in France, Lucibel is a provider of LED lighting solutions.
3 min read · 20 December 2013
Symphogen, a Copenhagen-based biopharmaceutical company, has named Annika Espander Jansson as a non-executive director of the board. The appointment was effective December 19, 2013. Jansson is currently the founder and CEO of Asperia. Symphogen's backers include Novo, Essex Woodlands Health Ventures and PKA.
3 min read · 20 December 2013
Toronto-based venture capital firm Pinetree Capital has purchased 1 million common shares of Integra Gold Corp. No financial terms were disclosed. As a result of this transaction, Pinetree now holds an aggregate of 12,327,850 common shares of Integra. Based in Québec, Integra Gold Corp is focused on exploring and developing its high-grade Lamaque Gold Project.
2 min read · 20 December 2013
Hightower has raised $2.12 million in seed funding. Bessemer Venture Partners and Thrive Capital led the round with participation from RRE Ventures and Red Swan. Hightower is a commercial real estate leasing platform.
5 min read · 20 December 2013
