German start-up SponsorPlay has raised $5 million in a Series A2 round from Nokia Growth Partners and other undisclosed investors. The company, a provider of a monetization platform for online publishers, will use the funds to expand its mobile technology.
2 min read · 24 February 2011
London-based data storage start-up Acunu has closed on 2.2 million pounds ($3.6 million) in Series A financing. The company will use the new funds to launch its first product, the Acunu Storage Platform. Eden Ventures, Oxford Technology Management, Pentech Ventures LLP and the European Investment Fund contributed to the found. Acunu was formed in 2009.
2 min read · 24 February 2011
Toronto-based social-media company Syncapse Corp. has closed on $20 million of a $25 million investment from growth equity firm ABS Capital Partners. The round marks the first institutional funding for Syncapse, which develops cloud-based software and services to help enterprises build, manage and measure their social media presence. The company raised $2 million last year from the Business Development Bank of Canada.
3 min read · 24 February 2011
MediaTrust, a digital performance marketing start-up based, has raised $3 million in financing led by Ropart Asset Management Funds. The new financing will help the company launch its announced real-time performance-based advertising exchange, which is currently in beta testing. MediaTrust has offices in New York and Los Angeles.
2 min read · 24 February 2011
Online textbook platform BookRenter has raised $40 million in Series C financing from Adams Capital Management, Comerica Bank, Focus Ventures, Lighthouse Capital Partners, Norwest Venture Partners, and Storm Ventures. The company launched in 2008 and allows college stores to launch their own textbook rental sites. BookRenter, based in San Mateo, Calif., closed a $10 million Series B round in June 2010.
3 min read · 23 February 2011
SeatGeek Inc., a New York-based secondary ticket market for sports and concert tickets, has raised an undisclosed amount from actor-turned-investor Ashton Kutcher and Guy Oseary's A Grade Investments.
1 min read · 23 February 2011
Sprout Social, a company that helps businesses manage customer relations across social networking tools like Facebook, Twitter and LinkedIn, has raised $10 million in Series B financing. New Enterprise Associates led the round, which will go toward business development and product strategy, the company said. Sprout Social is based in Chicago.
3 min read · 23 February 2011
AppSense, which makes user virtualization software for enterprise and government customers, has raised a whopping $70 million from Goldman Sachs. AppSense says it will use the money to expand its position in the virtualization market. Pete Perrone, a managing director at Goldman, will join the company’s board.
3 min read · 23 February 2011
CapLinked, whose collaborative platform is aimed at helping entrepreneurs, private investors and advisors build relationships and interact online, has raised $525,000 in angel funding, bringing its total financing to $900,000. The money comes from well-known Silicon Valley investors including PayPal founder Peter Thiel and 500 Start-ups founder Dave McClure. Palantir Technologies co-founder Joe Lonsdale; Aman Verjee, CFO of Sonos; and David Anderson, managing partner of 7th Rig, also contributed. CapLinked is based in Los Angeles.
3 min read · 22 February 2011
Boston-based mobile payment start-up Paydiant has raised $7.6 million in a Series A financing led by North Bridge Venture Partners and General Catalyst Partners. The company will use the new cash for development, sales and marketing as it plans for a public launch later this year. Jim Moran, a general partner at North Bridge, and John Simon, a managing director at General Catalyst, will join the company’s board.
3 min read · 22 February 2011
