Private Equity
Logi Analytics said Tuesday that it has raised $27.5 million in funding. New investor LLR Partners led the round with participation from current investor Updata Partners. Based in McLean, Virginia, Logi Analytics, which is also backed by Grotech Ventures and Summit Partners, is a provider of embedded analytics.
3 min read · 15 October 2013
Thinking Phone Networks said Tuesday that it has closed $10 million in Series C follow-on funding. Existing investors Bessemer Venture Partners and Advanced Technology Ventures led the round. Thinking Phone Networks is a communications services provider.
4 min read · 15 October 2013
TRAFI, a Lithuania-based developer of an app that's a journey planner for commuters and travelers in emerging markets, has closed $500,000 in seed funding from Practica Capital, TechCrunch reports. In addition to the funding, Sylvain Grande, the former director of Nokia's HERE platform, is joining TRAFI's board.
1 min read · 14 October 2013
Xero has closed $150 million in funding from Matrix Capital Management, Valar Ventures and several other U.S. and New Zealand investors. Based in San Francisco, Xero is a provider of online accounting software.
5 min read · 14 October 2013
According to AllThingsD, Nomi is close to nabbing around $10 million in Series B funding from new investor Accel Partners. Based in New York City, Nomi, which is backed by First Round Capital, Greycroft Partners, Forerunner Ventures and SV Angel, is a provider of in-store customer-centric metrics.
1 min read · 11 October 2013
Newsela said Friday that it has closed $1.2 million in seed funding. The lead investors were New Schools Venture Fund and Kapor Capital. Newsela is an online platform that helps students improve their reading.
3 min read · 11 October 2013
GreenWave Reality said Thursday that it has raised $19 million in Series B funding. The Westly Group led the round with participation from Craton Equity Partners. Headquartered in Irvine, Calif., GreenWave Reality is a provider of home energy management solutions.
3 min read · 10 October 2013
Achates Power has closed $35.2 million in Series C financing. Investors included Sequoia Capital Partners, RockPort Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners. Based in San Diego, Calif., Achates Power is a maker of internal combustion engines that increase fuel efficiency and reduce greenhouse gas emissions.
4 min read · 10 October 2013
Lookout said Thursday that it has raised $55 million in financing. Deutsche Telekom was the lead investor. Qualcomm Ventures, Greylock Partners, Mithril Capital Management, Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures also participated in the round. Based in San Francisco and London, Lookout is a provider of mobile security software.
3 min read · 10 October 2013
DogVacay.com said Thursday that it has secured $15 million in Series B funding. Foundation Capital led the round with participation from Benchmark, First Round Capital, DAG Ventures and Sherpa Ventures. Headquartered in Santa Monica, Calif., DogVacay is an online community provider of pet care services.
3 min read · 10 October 2013
