Funambol, maker of white-label personal cloud technology for mobile providers, has raised $5.75 million in new funding. Investors include Nexit Ventures and Castile Ventures.
2 min read · 09 October 2012
FSAstore.com, an e-commerce site exclusively stocked with Flexible Spending Account-eligible products and services, has raised $2 million in VC. Originate Ventures led the round, which participation from Point Judith Capital and Columbia Business School Lang Fund, as well as additional angel investors.
3 min read · 09 October 2012
Anametrix, a San Diego-based maker of a cloud-based, real-time digital analytics platform, has raised $4.4 million in Series A financing. TVC Capital, a San Diego-based growth equity fund, provided the round. As a result, Steve Hamerslag, co-founder and managing partner of TVC Capital, is joining the Anametrix board.
4 min read · 09 October 2012
Crosslink Capital, Correlation Ventures and angel investors have put $1 million into GraphDrive, maker of an API for social data. Angel investors include Pejman Nozad, Ullas Naik, and Mohsen Moazami. GraphDrive was formed in 2011.
2 min read · 09 October 2012
Software startup ThingWorx has raised an undisclosed amount of Series C financing led by Safeguard Scientifics, the company announced Tuesday. Details of the round were not released. In 2011, Safeguard Scientific led a $5 million round for the company, whose application platform helps design apps to connect people, systems and devices.
3 min read · 09 October 2012
Seattle-based Lockerz has added $7.5 million in new financing, primarily comprised of debt and warrants, according to a recent SEC filing. Last year, the social commerce site announced a $36 million Series C round from investors including DAG Ventures, Liberty Media, Kleiner Perkins Caufield & Byers and Live Nation Entertainment. And also in the past year, the company has snatched up acquisitions including online fashion community Chick Approved and Online hotel booking site Off & Away.
1 min read · 09 October 2012
The founder, CEO and chief investment officer of Morgan Creek Capital Management explains what he calls the “new abnormal,” and “why private investments will be critical in the next few years.”
1 min read · 08 October 2012
GnuBIO has raised $10 million in Series B financing, it announced Thursday. The funding will be used to commercialize the company’s desktop DNA sequencing platform. Specifics of the round were not released. GnuBIO is based in Cambridge, Mass.
3 min read · 05 October 2012
Tactile Systems Technology Inc., a medical device maker and provider of at-home lymphedema treatment, has raised $10.4 million in Series B financing. Radius Ventures led the round. Galen Partners also participated in the round of financing. Tactile Systems is headquartered in Minneapolis.
3 min read · 05 October 2012
Trifacta Inc., a maker of productivity platforms for data analysis, has raised $4.3 million in funding from Accel Partners' Big Data Fund. Other investors include X/Seed Capital, Data Collective LLC, and angel investors Dave Goldberg, Venky Harinarayan and Anand Rajaraman.
5 min read · 04 October 2012