Blumberg Capital related stories
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Blumberg Capital leads funding of ApesterNew York-based Apester, which provides a storytelling platform for publishers, announced it has closed on $12 million, the second tranche of its Series A round of funding. The funding was led by Blumberg Capital and includes Mangrove Capital, former AOL CMO Tal Simantov, Wix co-founder Gigi Kaplan, Silverstein Properties President Tal Kerret and Wellborn Ventures. The company, founded in 2014, has now raised $17 million to date, following a first tranche to the Series A of $5 million nine months ago.
Data Spotlight: U.S. VC firms post strongest quarter in 10 yearsDavid Blumberg says LPs are long-term oriented and believe in the future
- Kreditech raises $11.2 mln
Kreditech said Thursday it raised 10 million euros (US$11.2 million) in funding from International Finance Corporation (IFC), part of World Bank Group, bringing its total Series C round to 92.7 million euros ($103.6 million). Hamburg-based Kreditech in September raised 82.5 million euros as part of the Series C led by J.C. Flowers & Co. and including Peter Thiel, Amadeus Capital Partners, as well as existing shareholders Värde Partners, Blumberg Capital and HPE Growth Capital. Kreditech is a consumer finance technology company.
- Mariana raises $2 mln in seed funding
Mariana, a Palo Alto, California-based marketing startup, raised $2 million in a seed funding round led by Bruce Taragin, managing director of Blumberg Capital, with participation from angel investors including Gokul Rajaram, Gerri Elliott and Semil Shah. Mariana also announced the launch of its targeted B2B demand generation platform.
Worldwide fundraising recapFrom DFJ and Brooklyn Bridge to iNovia and Index, a summary of recent fundraising activity from around the globe
- Blumberg Capital raises $177.1 mln toward fourth fund
Blumberg Capital has raised $177.1 million toward a fourth early stage fund, according to an SEC filing.
- Trulioo snaps up $15 mln
Vancouver, British Columbia-based Trulioo, a provider of identity verification solutions, has secured $15 million in funding. The investors included American Express Ventures, BDC Capital, Blumberg Capital and Tenfore Holdings. In conjunction with the funding, Andrew Lugsdin, a partner at BDC Capital, is joining Trulioo's board of directors.
Trulioo secures $15 mln to bring identify verification to banksTrulioo has raised $15 million in follow-on financing. The investors in the round included American Express Ventures and Trulioo's existing backers: BDC Capital, Blumberg Capital and Tenfore Holdings. With the deal, BDC's Andrew Lugsdin will join the company's board of directors, Based in Vancouver, Trulioo is a provider of identity verification for the online payments industry. It said the new funds will help it grow to support banks in meeting cross-border compliance requirements. To that end, Trulioo will expand its sales team, technical infrastructure and customer support, and acquire data. In 2014, Trulioo raised US$6 million in Series A financing /canada/2014/03/12/identity-verification-platform-trulioo-nets-6-mln-in-series-a-round/ and a strategic investment /canada/2014/08/26/ust-global-makes-strategic-investment-in-vc-backed-trulioo/ from UST Global.
- AT Capital and Life.SREDA leads Series B round for Lenddo
Lenddo, a provider of data for credit scoring and online verification, has secured an undisclosed amount of Series B funding. AT Capital and Life.SREDA led the round participation from return backers Omidyar Network, Blumberg Capital and Golden Gate Ventures.