Floodgate related stories
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SpareFoot.com Inks $1.5M Series BSpareFoot.com, an online marketplace for consumers looking for self-storage, has inked $1.5 million in Series B financing. Austin, Texas-based Silverton Partners and Silicon Valley firm FLOODGATE co-led the round with participation from Capital Factory. SpareFoot.com, which was formed in 2008, will use the money to expand its product offerings, the company said. The new round brings its total raised to $3.5 million.
- Egnyte Closes on $10M from Kleiner Perkins
Mountain View, Calif.-based Egnyte, which provides cloud file server technology, has raised $10 million in Series B financing. Kleiner Perkins Caufield and Byers led the round, which included participation from existing shareholders Floodgate and Polaris. Egnyte said it would use the cash infusion to expand into international markets and increase domestic engineering, sales and marketing efforts.
- Socialware Inks $3M in New VC
Austin-based Socialware has inked $3 million in new financing from investors including Palo Alto, Calif.-based firm Floodgate, Austin-based G-51 Capital and Austin-based Silverton Partners. The company will use the money to expand its technology platform for corporate social networking.
- ConnectAndSell Inks $7.5M in New Financing
ConnectAndSell, whose technology is designed to provide on-demand telephone conversations with prospects and customers, has closed on $7.5 million in new funding. Institutional Venture Partners led the round. Steve Harrick, General Partner of IVP, joins the company’s board as a result. Founded in 2006, the company is headquartered in Redwood City, Calif. The company is also backed by venture firm Floodgate.
- Mass Relevance Inks Nearly $2 Million in Series A
Mass Relevance has raised $2 million in a first round from venture capital firms Floodgate and Austin Ventures for its new service, designed to help consumer brands market their products using real-time social content. Floodgate’s Mike Maples will join the company’s board as a result of the funding. Mass Relevance is based in Austin, Texas.
- Photo Tagging Start-up Stipple Inks $2 Million
San Francisco-based Stipple has raised $2 million in a seed round co-led by Kleiner Perkinds Caufield & Byers and Floodgate. The company, which launched in August, provides technology to label and monetize photos on the web. Other investors in the round include Naval Ravikant, Global Brain Corporation, Quest Venture Partners, Parkview Ventures and Justin Timberlake.