Flirtic.com, a dating site focused around interactive games and social networking, has closed an undisclosed amount of financing from Almaz Capital Partners. Flirtic.com was launched in Estonia and Russia in early 2011. The new capital is aimed at rolling out the site for English and Russian-speaking markets, the company said. Almaz Capital Partners is a venture capital firm that invests in Russian/CIS-related technology, digital media, and communications companies.
4 min read · 09 June 2011
San Francisco-based Bloom Studio Inc. has raised an undisclosed amount of see financing from O’Reilly Alpha Tech Ventures and Launch Capital. The money will help Bloom bolster its team of game graphics and mobile application specialists, and continue to build new apps for platforms like the iPad. The company is also backed by Betaworks, SV Angel and Stewart Butterfield.
2 min read · 09 June 2011
Hotel search engine Room 77 has closed on $10.5 million in Series B financing. General Catalyst Partners led the round, which participation from investors including PAR Capital Management; Sutter Hill Ventures; Felicis Ventures; Rich Barton, founder of Expedia and co-founder of Zillow; and Erik Blachford, former president of IAC Travel. The company is based in Sunnyvale, Calif.
4 min read · 09 June 2011
Online coupon business Coupons.com has raised $200 million from institutional investors, Reuters reported. The company declined to name investors, Reuters wrote. The money will go to expansion, funding strategic acquisitions and marketing. Some of the funding will also go to buying shares from existing investors.
3 min read · 09 June 2011
Split Rock Partners led a $12.3 million round for cloud financial management and accounting software maker Intacct. Existing shareholders Bessemer Venture Partners, Emergence Capital, Sigma Partners and Sutter Hill Ventures also participated in the round. The infusion will help Intacct bolster its team, the company said.
3 min read · 09 June 2011
Hartford, Conn.-based advertising software company ADmantX announced Wednesday that it has raised $2.8 million in funding from Atlante Ventures Mezzogiorno, the venture capital fund of Intesa Sanpaolo, an Italian bank. ADmantX’s technology is designed to analyze online reader emotions, behaviors, motivations and intentions in order to generate ads with similar emotional appeal. ADmantX was spun off last year from semantic software company Expert System.
2 min read · 08 June 2011
ServiceMax, a developer of cloud-based mobile field service applications, has raised $14 million from Mayfield Fund, Trinity Ventures, Emergence Capital and salesforce.com. Mayfield was the lead investor in the Series C round. To date the company has closed on $26 million.
4 min read · 08 June 2011
Aryaka, a provider of first cloud-based WAN optimization and application acceleration technology, has closed on $15 million in Series B financing. Nexus Venture Partners led the round, which included participation from Trinity Ventures and Mohr Davidow Ventures. The company previously raised $14 million in a first round. The new cash will help Aryaka expand marketing and sales for its software-as-a-service.
5 min read · 08 June 2011
VirtuOz Inc. has raised $7 million in financing from existing backers Mohr Davidow, Inventures Group and Galileo Partners. The money is aimed at fueling growth for VirtuOz, which develops “intelligent virtual agents” for use in online customer service. The Redwood City, Calif.-based company closed an $11.4 million Series B round in 2009.
2 min read · 08 June 2011
3 min read · 07 June 2011
