Blumberg Capital related stories
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August, Aspect, Blumberg to raise money, Cendana gets another $40 mlnAugust Capital has set out to raise a $450 million seventh fund, while Blumberg Capital, Aspect Ventures and Northern Light Venture Capital seek to raise money of their own, according to documents filed with the SEC. At the same time, Cendana Capital roped in another $40 million and Tullis Health Investors raised $21.4 million toward a $200 million fund, according to SEC documents.
Kreditech nets $200 mln from Victory Park CapitalVictory Park Capital has provided a $200 million credit facility to The Kreditech Group. Basedin Germany, Kreditech is a consumer finance tech firm.
- IT infrastructure startup Nutanix plans IPO in 9-12 months-Reuters
Nutanix, which builds server and storage systems, expects to file for an initial public offering in the United States within nine to 12 months, provided the wider economy is in good health, the company's chief executive said.
- Columbus Nova and Blumberg Capital back Credorax
Credorax has secured $40 million in funding. The investors in this round were Columbus Nova Technology Partners and return backer Blumberg Capital. Headquartered in Southborough, Mass., Credorax provides online payment processing and acquiring bank services for digital merchants.
- Appboy grabs $15 mln Series B
Appboy said Thursday that it has secured $15 million in Series B funding. InterWest Partners led the round with participation from previous backers Icon Venture Partners, Blumberg Capital, T5 Capital and IDG Ventures. In addition to the funding, Doug Pepper, general partner at InterWest, has been appointed to Appboy's board of directors. Based in New York City, Appboy is a provider of marketing automation for apps.
- VC-backed Hootsuite buys Brightkit
Vancouver-based social relationship platform Hootsuite has acquired Brightkit. No financial terms were disclosed. Brightkit is a provider of social marketing solutions. HootSuite's backers include Blumberg Capital, Insight Venture Partners, Accel Partners and OMERS Ventures.
UST Global makes strategic investment in VC-backed TruliooTrulioo Inc, an Internet identity verification company, has received an undisclosed strategic investment from U.S.-based IT services provider UST Global. As part of the deal, UST Global's managing director of global operations Saurabh Ranjan will join Trulioo's board of advisers. In March, the company raised US$6 million in a Series A financing round /canada/2014/03/12/identity-verification-platform-trulioo-nets-6-mln-in-series-a-round/ led by Tenfore Holdings and joined by BDC Capital and Blumberg Capital. Based in Vancouver, Trulioo said it has verified over 100 million online identities since its launch in 2011 and today serves more than 300 customers worldwide.
- Horizons Ventures leads $6.5 mln Series B funding in FeeX
Horizons Ventures has led a $6.5 million Series B funding round in FeeX, which finds and reduces hidden fees in investment accounts. Existing investor Blumberg Capital participated in the funding round. Horizons has raised a total of $9.6 million to date.
- ZipZap nabs $1.1 mln
ZipZap has raised $1.1 million in funding. Investors included AngelList Syndicate, 500 Startups and Blumberg Capital. In addition to the funding, ZipZap has named Jim Griffin as senior vice president of currency. Headquartered in San Francisco, ZipZap is a global payment network.
- Zooz closes funding round led by Blumberg Capital
Zooz, a smart payment technology provider, has closed a $12 million funding round. The financing was led by Blumberg Capital, with participation by existing investors including XSeed Capital, lool ventures and Rhodium and new investors Access Industries and Camp One Ventures.