Runkeeper, a workout tracking app, has been acquired by ASICS Corp, a Japanese sportswear company. Runkeeper’s Chief Executive Officer Jason Jacobs announced the news in a statement on blogging platform Medium. Financial terms were not disclosed. The company has raised over $11 million in funding from investors including Spark Capital and O’Reilly AlphaTech Ventures.
1 min read · 12 February 2016
Boston-based Jisto, a provider of solutions to extract value from data centers and clouds, raised $2.45 million in a seed financing round led by .406 Ventures. As part of the financing, Greg Dracon, partner at .406 Ventures, and Maria Cirino, managing partner at .406 Ventures, will join Jisto’s board.
3 min read · 12 February 2016
ATX Seed Ventures led a $1 million seed round for IdealSpot, a commercial real estate analysis startup based in Austin, Texas. Several angel investors also participated in the round.
3 min read · 12 February 2016
Tencent and Felicis Ventures led a $10 million Series A funding round for artificial intelligence startup Diffbot. Investors in the round include Amplify Ventures, Valor Capital, Andy Bechtolsheim, co-founder of Sun Microsystems and others. Palo Alto, California-based Diffbot is attempting to build the world’s largest database of knowledge.
3 min read · 11 February 2016
Upfront Ventures led a $5 million seed funding round for Alexandria, Virginia-based Power Supply, a delivery service for chef-made meals. Investors in the round include Hanson Li of Salt Partners Group, former Blackboard Chief Executive Officer Michael Chasen, The Motley Fool and others.
3 min read · 11 February 2016
Payleven closed a $10 million Series D growth financing round with the addition of Seventure Partners as an investor. Holtzbrinck Ventures, ru-Net, B Cinque, New Enterprise Associates and MePay also participated in the round, which brings the company’s total funding to $51 million. Based in London and Berlin, Payleven is a mobile payments company serving European businesses.
3 min read · 11 February 2016
Renew Financial, a clean energy finance company based in Oakland, California, raised $70 million in growth capital. Investors in the funding round include Angeleno Group, Apollo Capital Management, Claremont Creek Ventures, LL Funds Inc, NGEN Partners, Prelude Ventures and others.
5 min read · 11 February 2016
New Enterprise Associates led a $33 million Series B funding round in machine learning company DataRobot Inc. Accomplice, Intel Capital, IA Ventures, Recruit Strategic Partners and New York Life also participated in the round. Boston-based DataRobot has raised more than $57 million to date.
3 min read · 11 February 2016
Accomplice invested an additional $1 million in DataCamp’s seed funding round after investing $1 million in the round in July. Cambridge, Massachusetts-based DataCamp, an online data science school, has raised $2.3 million to date.
3 min read · 11 February 2016
Verizon Ventures led a $22 million Series B funding round for Veniam, a startup aiming to turn vehicles into WiFi hotspots. Current backers True Ventures, Union Square Ventures and Cane Investments participated in the round along with new investors Cisco Investments, Yamaha Motor Ventures and others.
4 min read · 11 February 2016
