New York-based Lot18 has raised $30 million in Series C financing for its invitation-only site, which provides access to rare and hard-to-find wines and artisanal foods. Accel Partners led the round, which included backing from New Enterprise Associates and FirstMark Capital. Accel’s Sameer Gandhi will join the company’s board.
3 min read · 04 November 2011
San Francisco-based Gogobot, a social travel site, has raised $15 million in financing led by Redpoint Ventures. Battery Ventures and Michael Arrington's CrunchFund also participated. The company will use the capital to expand its marketing, partnership and outreach efforts.
3 min read · 04 November 2011
2 min read · 04 November 2011
Redwood City, Calif.-based Coraid Inc. has added $50 million in a new round led by Crosslink Capital. Existing investors Menlo Ventures, Allegis Capital, Azure Capital Partners and affiliates of Silver Lake, as well as new investors Seagate Technology and Kinetic Ventures also contributed. Coraid is a developer of Ethernet SAN technology.
3 min read · 03 November 2011
Arboretum Ventures and Flagship Ventures co-led a $4.5 million Series A round for medical device startup Tangent Medical Technologies Inc. Osage Ventures and several undisclosed angel investors also contributed. Tim Petersen of Arboretum and Harry Wilcox of Flagship have joined Tangent’s board.
3 min read · 03 November 2011
Prolacta Bioscience, maker of nutritional products designed for critically ill, premature infants in neonatal intensive care units, has closed on an undisclosed amount of Series D financing from Health Evolution Partners. The money will be used to bolster sales, among other expansion efforts. Prolacta is based in Monrovia, Calif.
5 min read · 03 November 2011
Edison Ventures has put $6.5 million into Columbus, Ohio-based software company CallCopy Inc. CallCopy provides call recording, performance management, and analytics software. The financing, the company’s first institutional round, will help support sales expansion, product development and founder liquidity.
3 min read · 03 November 2011
Delivery Agent Inc., provider of multi-channel commerce technology, has raised $35.5 million in new funding led by Intel Capital with strategic investors Liberty Global and Grazia Equity. The Series E round, which also included backing from Bessemer Venture Partners, brings the company’s total funding to $107.3 million.
3 min read · 03 November 2011
Flywheel Ventures has put an undisclosed amount into AfterCollege, the creator of a professional talent network for college students and recent graduates. No terms of the round were released. AfterCollege says that its service is used by more than 3 million students and recent grads.
2 min read · 02 November 2011
The Portland Seed Fund is announcing its first eight investments. The companies are: 4-Tell, a developer of e-commerce recommendation software; Audioname, which allows users to record their name in their own voice and add it to their email signature and social profiles; Comic Rocket, a digital reader for back-issue comic books; location-based tech company Geoloqi; Hively, a maker of real-time customer feedback tools; clothing company Homeschool Snowboarding; LaunchSide, which is focused on connecting companies with new customers online; and Vizify, a company that helps you build your online profile.
5 min read · 02 November 2011
