Investor Growth Capital is backing Web security company WhiteHat Security with $8 million in fresh capital, the company announced Tuesday. The money will help WhiteHat expand its presence globally and will help with growth efforts. Founded in 2001, WhiteHat is based in Santa Clara, Calif.
2 min read · 26 July 2011
Are You a Human LLC, a developer of online human verification tools, has wrapped up $750,000 in Series A financing. Investors include Detroit Venture Partners, the Frankel Commercialization Fund, and the First Step Fund. The money will help Are You a Human with continued development and beta testing, the company said. The Frankel Commercialization Fund is a student-led pre-seed investment fund run out of the University of Michigan Ross School of Business.
4 min read · 26 July 2011
San Francisco-based Quid, which develops information analytics software, has closed on a $10 million Series C round. Investors include Skype co-founder Niklas Zennstrom's firm Atomico; Ron Conway; Endeavour Vision; Infocomm Investments, the venture arm of IDA Singapore; and Founders Fund. PayPal co-founder Max Levchin has recently joined the Quid board.
2 min read · 26 July 2011
Germany’s Crealytics has sealed an undisclosed amount of funding from early stage investors Bayern Kapital, LBBW Venture Capital and Mountain Super Angel. The search engine marketing company will use the funding for growth.
3 min read · 26 July 2011
New Orleans-based NuMe Health, which is developing prebiotic products for the dietary supplement and health food markets, has closed on $675,000 in Series A-1 financing. BVM Capital led the round, which is the company’s first close of its Series A financing. The money will help NuMe continue product development.
5 min read · 26 July 2011
San Carlos, Calif.-based Complete Solar Solution, a seller of residential solar power systems, has closed on an undisclosed amount of Series A funding from FLOODGATE. The money will help the company expand its sales efforts and continue development of its solar electric design and sales platform.
2 min read · 26 July 2011
Kleiner, Perkins, Caufield & Byers' Green Growth Fund, and August Capital have poured $37 million into Kirkland, Wash.-based traffic data company Inrix. The Series D round is aimed at fueling acquisition efforts, as well as expansion and continued research and development.
5 min read · 25 July 2011
CEVEC Pharmaceuticals, a maker of technology used for the manufacture of complex biologics and therapeutic antibodies, has inked $8.6 million in financing from NRW.BANK, Creathor Venture Fonds, and other undisclosed investors. The money will help with continued development. CEVEC is based in Cologne, Germany.
4 min read · 25 July 2011
Boston-based start-up CloudBees has closed on $10.5 million in Series B financing led by Lightspeed Venture Partners. Matrix Partners also participated in the round. The company, which develops a platform-as-a-service for running applications in the cloud, previously nabbed $4 million in Series A financing. The money will help bolster marketing and sales efforts, as well as to expand product capabilities, the company said. John Vrionis, managing director at Lightspeed, will join the board.
4 min read · 25 July 2011
Andreessen Horowitz, DST Global, and General Catalyst have poured $112 million into online property rental company Airbnb, bringing the total raised by the company to $119.8 million. The money will go to growth efforts, including expanding the staff. San Francisco-based Airbnb was formed in 2008.
4 min read · 25 July 2011
