Pymetrics has closed $2.5 million in seed funding. Khosla Ventures led the round with participation from angel investors Bob Pittman, Jeff Hammerbacher and Andy Palmer, as well as Terry McGuire of Polaris Ventures. In conjunction with the funding, Benjamin Ling, an investment partner at Khosla Ventures, has been named to Pymetrics' board of directors. Based in New York City, Pymetrics is a career assessment and recruiting platform provider.
4 min read · 18 December 2013
Robinhood has raised $3 million in seed funding. Index Ventures led the round, with participation from Andreessen Horowitz and Rothenberg Ventures. Based in Redwood City, Calif., Robinhood is a mobile stock brokerage. It is also backed by Google Ventures.
3 min read · 18 December 2013
PureCars has closed $5 million in funding from Gemini Investors and Stage 1 Ventures. The capital will be used for growth and expansion. Headquartered in Charleston, SC, PureCars is a provider of digital dealer solutions for the auto industry.
3 min read · 18 December 2013
Moovit said Wednesday that it has received $28 million in funding. Sequoia Capital led the round with participation from return backers BRM Group and Gemini Israel Ventures. Also, as a result of the transaction, Sequoia's Gili Raanan will join the Moovit board. Moovit is a global transit mobile service.
3 min read · 18 December 2013
Lineagen has raised $3.5 million in Series C financing. Signal Peak Ventures and Sanderling Ventures led the round with participation from PrairieGold Venture Partners, Mesa Verde Venture Partners, Archipel Capital, University Venture Fund, Hatteras Funds and KickStart Seed Fund. Based in Salt Lake City, Lineagen is a molecular diagnostics company focused on genetic disorders.
4 min read · 18 December 2013
According to an announcement on its site by CEO and co-founder Ty Amell, StackMob has been acquired by PayPal. No financial terms were disclosed. Based in San Francisco, StackMob is a mobile platform provider that helps developers create a mobile business. Its backers were Trinity Ventures, Harrison Metal Capital and Baseline Ventures. To read the post, visit here.
1 min read · 18 December 2013
Atterocor said Wednesday that it has beefed up its clinical advisory board with eight additions. Among them are Dr. Wiebke Arlt and Dr. Eric Baudin. Based in Ann Arbor, Michigan, Atterocor is a company that is focused on treating adrenal cancer. Its backers include Frazier Healthcare, Osage University Partners and 5AM Ventures.
4 min read · 18 December 2013
Minube has closed 1 million euros in funding. The investors were Kibo Ventures, Bonsai Venture Capital and Sputnik Ventures. According to Minube, the capital infusion will be used for international expansion and new business strategy. Based in Madrid, Minube is a social travel startup.
3 min read · 18 December 2013
Devicescape said Wednesday that it has hired Tim Owen as vice president of sales, EMEA. Prior to joining Devicescape, Owen worked at Telmap where he served as UK director responsible for leading commercial and sales strategy. Based in San Bruno, Calif., Devicescape is a provider of Wi-Fi software solutions. Its backers include Kleiner Perkins Caufield & Byers, August Capital, Enterprise Partners and JAFCO.
2 min read · 18 December 2013
iROKOtv said Tuesday that it has received $8 million in funding. Return backer Tiger Global led the round with participation from Kinnevik and new investor Rise Capital. Based in Africa, iROKOtv is a VOD platform for Nigerian movies.
5 min read · 17 December 2013
