Iris Dorbian

Index Ventures and Credo Ventures back Futurelytics

Futurelytics said Monday that it has raised $800,000 in seed financing. Index Ventures and Credo Ventures led the round with participation from Kima Ventures and Rob Keve, former CEO of FizzBack. Based in Wilmington, Delaware, Futurelytics is a prescriptive analytics platform.

Dallas-based Servergy grabs $20 mln in Series C funds

Servergy said Monday that it has closed $20 million in Series C funding. The investors were unidentified clients from The Williams Financial Group. According to the company, the capital will be used to launch its "new class of Cleantech Servers." Based in Dallas, Servergy is a provider of clean and green data center technologies.

Horizon Ventures and Pelion leads $11 mln round for Bitcasa

Bitcasa said Monday that it has received an additional $11 million in its series A funding. Horizons Ventures and Pelion Venture Partners led the round. Based in Mountain View, Calif., Bitcasa, which is also backed by Samsung Ventures, Andreessen Horowitz and First Round Capital, is a provider of cloud storage solutions.

Starfish Ventures backs Australia-based DesignCrowd - TechCrunch

According to TechCrunch, DesignCrowd has closed $3 million in funding. Starfish Ventures was the lead investor. The site also reports that DesignCrowd will use the capital to open a U.S. office as well as "scale its international marketing." Based in Sydney, Australia, DesignCrowd is a crowdsourcing marketplace for freelance designers.

China-based travel platform Yododo nets $4 mln from Gobi Partners

Yododo said Monday that it has secured $4 million in Series A financing from Gobi Partners. According to the company, the capital will be used for growth and expansion. Yododo is China's leading travel platform.

Don't dismiss the unusual when it comes to picking deals

When John Frankel, founding partner at the New York-based venture firm ff Venture Capital, first heard about UniKey, developer of the Kevo app that lets smartphone users unlock doors, he was shocked, even incredulous that an LP would suggest he consider it for an investment.

Ecovative Design snags $14 mln

Green Island, NY-based Ecovative Design has received $14 million in financing. Investors included the DOEN Foundation and 3M Company. Ecovative Design is a materials science company.

Inventus Capital leads $1.6 mln round for Espresso Logic

Espresso Logic has raised $1.6 million in seed funding. Inventus Capital led the round with participation from angel investors that include Raju Reddy, Lee Nackman, Gokul Rajaram and Anurag Jain. Based in Silicon Valley, Espresso Logic is a provider of reactive programming solutions.

Guggenheim Partners backs CardCash

CardCash.com has raised $6 million in financing from Guggenheim Partners. Based in Brick, NJ, CardCash.com is a provider of online gift cards.

Accel Partners leads Series B round for Jut

San Francisco-based Jut has closed $20 million in series B financing. The lead investor was Accel Partners with participation from LightSpeed Venture Partners and Wing. Jut, which is still in stealth mode, is a provider of big data solutions.