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Spark Capital leads Series A round for StorefrontStorefront said Monday that it has closed $7.3 million in Series A funding. Spark Capital led the round with participation from investors that included Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel and Vikram Pandit. In addition to the funding, Mo Koyfman has been added to Storefront's board. Storefront is an online marketplace that helps designers and artists find retail space to sell their products.
Fund briefs Apr 1, 2014Singh of Crystal Tech aims to raise $50 million, Metamorphic wraps up second fund and RRE begins raising its sixth
BBVA’s new venture program looks for financial services innovationFintech-focused BBVA has invested in early-stage firms and directly backed companies
- Heyo closes Series A round with Valleys' Ventures
Heyo has closed its Series A financing, a $2 million round from Valleys' Ventures, LP of Radford, VA. Heyo will use the investment proceeds to accelerate its product development initiatives and user growth, by allowing the company to increase its hiring of developers.
- Bessemer Venture Partners backs cloud platform Nitrous.IO
Nitrous.IO said Tuesday that it has secured $6.65 million in Series A funding. Bessemer Venture Partners led the round with participation from investors that included 500 Startups, Crunchfund, Facebook co-founder Eduardo Saverin and Golden Gate Ventures. In addition to the funding, Sunil Nagaraj of Bessemer Venture Partners has been added to the Nitrous.IO board. Based in Menlo Park, Calif., Nitrous.IO is a cloud-based developer platform.
- Crowdfunding platform Fundable buys VC-backed LaunchRock
Business crowdfunding platform Fundable has acquired LaunchRock. No financial terms were disclosed. Based in Walnut, Calif., LaunchRock helps startups launch their businesses. Its backers include 500 Startups, Venture51, Quotidian Ventures and Trinity Ventures.
- Speek racks up $5.1 mln
Speek has closed $5.1 million in Series A funding. The investors included 500 Startups, Edward Norton, Crystal Tech Fund, CNF Investments and Middleland Capital. Based in Ashburn, Virginia, Speek is a provider of free and visual web and mobile conference calling solutions.
Fund briefs Mar 1, 2014In recent weeks, Aspect launches and Mayfield closes Indian fund
Honing your bitcoin strategyBitcoin investing appears ready to rise this year as VCs step up their search for next-gen applications
Former 500 Startups partner nears first close for Crystal Tech FundNew venture fund plans to raise $50 million to invest in ”post-seed” Internet companies stuck between the gap between seed and Series A rounds.