REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Energy-focused venture capital firm Braemar Energy Ventures has closed its third fund at $300m. Backers include existing limited partners such as MassMutual, Alpinvest Partners, Morgan Stanley Alternative Investments, Macquarie and GIC Special Investments — the Government of Singapore, as well as new investors such as Munich Re, HarbourVest, the State of Rhode Island, RIT (Rothschild […]
Psykosoft, a distrubuted startup that has created the web app Psykopaint, has secured $500k in seed funding. Backers include Atlas Venture and Balderton Capital and angel investors from executives at Harmonix (Guitar Hero) and Brightcove. The company intends to use the funding to accelerate development focusing on the Apple iPad and Windows 8 platforms, including […]
Chill, a Los Angeles, CA-based social video discovery platform, has raised $8m in equity funding. Backers include Kleiner Perkins Caufield & Byers, William Morris Endeavor, Atlas Venture and Chris Sacca’s Lowercase Capital, which join existing investors Troy Carter, 500 Startups, Science Media, Michael Arrington’s CrunchFund, Mike Jones and Redpoint Ventures. The company intends to use […]
Avalara, a Bainbridge Island, WA-based provider of sales tax automation services in the cloud, has raised $20m in growth financing. The round was led by Battery Ventures. In conjunction with the funding, Chelsea Stoner, Battery Ventures Partner, will join the company’s Board of Directors. Founded in 2004 by CEO Scott McFarlane, Avalara , Avalara provides […]
Affinity Solutions, a NYC-based provider of card-linked offers and transaction-enabled marketing programs, has received a $14.5m equity financing from Chestnut Hill Ventures. The company intends to use the proceeds from the investment to fund product innovation, business development, and technology initiatives. Led by president and chief executive officer Jonathan Silver, Affinity Solutions leverages proprietary analytics, […]
Solum Inc., a Mountain View, CA-based developer of advanced field measurement technology for commercial agriculture, has completed a $17m funding. The round was led by Andreessen Horowitz, with participation from Khosla Ventures. In conjunction with the funding, Andreessen Horowitz’s General Partner John O’Farrell is joining the company’s board. Solum intends to use the funding to […]
Sykio, a Montreuil, France-based software developer, recently raised €1m in funding from Newfund. Co-founded in 2006 by Henri Salle, Didier Humbert and Karim Abichat, Sykio provides SMEs with Ogust www.ogust.com, a SaaS-based suite dedicated to Personal Services management which allows businesses to manage many aspects of their activity, including client lists, plannings, quotes, invoices and […]
LinkSmart, Inc., a Boulder, Colorado-based provider of text linking optimization solutions for web publishers, has launched its platform and raised $4.7m in funding. Backers include Foundry Group, Sutter Hill Ventures, and Costanoa Venture Capital. Founded in 2009 by CEO Pete Sheinbaum, LinkSmart also launched its Total Link Management (TLM) platform, an in-text link analytics, management, […]
CloudByte Inc., a San Mateo, CA-based developer of next generation storage virtualization products, has raised $2.1m in Series A funding. The round was led by Nexus Venture Partners, with participation from Kae Capital. The company intends to use the funding to expand sales efforts in the US and Asia markets and for ongoing product development. […]
Nara Logics, a Cambridge, Mass.-based builder of a fully automated engine for organizing the web’s information, has launched with $4m in Series A financing. Backers include Peter de Roetth and other angel investors. In stealth mode since it was founded in 2010 by CEO Thomas Copeman, Nara Logics is developing Nara, a personal Internet platform […]
Accion Microfinance China (AMC), a microfinance institution delivering financial services to microentrepreneurs in Chifeng Prefecture, Inner Mongolia, has received a RMB 140m (approximately US $21.9m) equity investment from Sagamore Investments. The investment will be made by Sagamore’s Grassland Finance Ltd., which aims to take stakes in microfinance organizations in China. The initial commitment amounts to […]
Softbank Capital, The Buffalo News, Campus Labs, PC Business Solutions and Synacor have partnered to sponsor the Downtown Buffalo-based Z80 Labs Technology Incubator. Z80 Labs, which will launch on Monday, July 23 at The Buffalo News building in Downtown Buffalo, will focus on digital media, mobile and Net-based companies, providing support across a wide range […]
Skyonic Corporation, an Austin, Texas-based company that has developed a carbon capture technology designed to capture carbon dioxide (CO2) emissions by mineralizing the gas into baking soda, has received the first portion of $9m as part of a committed $35m Series C funding. Backers include Northwater Capital Management, ConocoPhillips (NYSE: COP), BP (NYSE: BP), and […]
Rally.org, a San Francisco, CA-based social fundraising platform that helps users with a cause raise money, share their story, and connect with supporters, has raised $7.9m in Series A venture funding. Backers include Relay Ventures, Mike Maples of Floodgate Fund, Reid Hoffman of Greylock Partners, Kevin Rose of Google Ventures, Craig Shapiro of Collaborative Fund, […]
Topsfield, a Berlin, Germany-based start up developer of a next generation shoulder replacement system, has raised seed funding from High-Tech Gründerfonds. The amount of the deal was not disclosed. The company intends to use the funding for initial prototypes, verification and validation testing, clinical review, “first-in-man” and preparation for regulatory application. Founded in February 2012 […]