REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
PrimeStone S.A.S., a Bogotá, Colombia-based company that develops and supplies smart grid applications and solutions for data collection, validation, management, control and data exchange between meters and other devices for the power industry, received an investment from Promotora Venture Capital Fund. The amount of the transaction was not disclosed. The company intends to use the […]
According to TechCrunch, SeatGeek, a NYC-based provider of a ticket search engine, raised $2.2m in funding. Backers included existing investors. The company used the funds to acquire ticketing competitor Fansnap (read the post here) from its parent company Wize Commerce. Led by Jack Groetzinger and Russ D’Souza, SeatGeek leverages patent-pending technology to forecast the price of event ticket on the […]
According to Fortune, Warby Parker, a NYC-based online eyeglasses company, raised $60m in funding. The round was led by Tiger Global Management, with participation from General Catalyst Partners, Spark Capital and First Round Capital. Led by co-CEOs Neil Blumenthal and Dave Gilboa, Warby Parker sells boutique-quality prescription eyewear and sunglasses through its website (www.warbyparker.com), and […]
Startup Compass Inc., a San Francisco, CA-based provider of a new big data benchmarking tool, raised $700k in funding. Backers included Amir Banifatemi, Anil Sethi, Ben Congleton, Christopher Grey, Clemente Germanetti, Daniel Recanati, Erik Jansen, etc. The company intends to use the funds to hire data scientists for its research project Startup Genome and engineers for […]
iROKOtv, a Lagos-based VOD platform for Nigerian movies, raised $8m in funding. The round, which brought the total raised to $21m, was led by existing investor Tiger Global with participation from Kinnevik and new investor Rise Capital. The company intends to use the funds to increase the audience, transition from an ad supported model to […]
CSA Medical, Inc., a Lutherville, Maryland-based provider of advanced spray cryotherapy technology, closed a $16m Series C financing. The round was led by Ascension Ventures (AV) with participation from existing investors SV Life Sciences, Intersouth Partners, First Analysis, Blue Heron Capital, Rose Park and Guide Medical Ventures. In conjunction with the funding, Tara Butler, MD, Managing […]
According to a blog post, Cyanogen, a creator of Android software, raised a Series B funding of undisclosed amount. Backers included new investors Andreessen Horowitz and Tencent, which joined existing investors Benchmark and Redpoint Ventures. In conjunction with the funding, Andreessen Horowitz’s Peter Levine will join Cyanogen’s board. The company intends to use the funds […]
Knewton, a New York-based an online education company, raised $51m in funding. The round was led by Atomico with participation from GSV Capital, Accel Partners, Bessemer Venture Partners, First Round Capital, FirstMark Capital and Founders Fund. Silicon Valley Bank provided debt financing. The company intends to use the funds to invest in product enhancements and […]
StreetHub, a London, UK-based local online marketplace for independent shops, raised $1.2m (approximately £750k) in seed funding. The round was led by Index Ventures and Octopus Investments with participation from Playfair Capital and Avonmore Developments and angel investors and advisers from the technology, retail and logistics sectors. The company intends to use the funds to […]
Taxibeat, an Athens, Greece-based mobile taxi-hailing startup, closed a $4m funding. Hummingbird Ventures made the investment. The company intends to use the funds to expand in its current markets (Athens, Paris, Mexico City, Rio de Janeiro and Sao Paulo) and in new markets in South America and Southern Europe. Founded in May, 2011 by Nikos […]
Zentrick, a Lochristi, Belgium-based video engagement platform, closed a $3m Series A financing. Investment company Fortino provided the funds. In conjunction with the funding, Duco Sickinghe, Managing Partner at Fortino, will join the Zentrick Board of Directors. The company intends to use the funds to accelerate growth and international expansion. Founded in 2010 by CEO […]
According to a post on the company’s blog, Foursquare, a New York-based mobile network for location, raised $35m in Series D funding. The round was led by DFJ Growth with participation from Capital Group (via their SMALLCAP World Fund). In conjunction with the funding, Barry Schuler, Managing Director of DFJ Growth and former CEO of […]
eHi Auto Services, a Shanghai, China-based car rental company, received an investment of over $100m. Backers include Ctrip.com International Ltd. (CTRP), a large online travel agency in China, and other existing investors. Ctrip will become the second largest strategic partner after Enterprise Holdings, which invested in eHi in 2012. Led by Ray Zhang, CEO and […]
Retrofit, a Chicago, IL-based provider of a personalized weight loss program, raised an additional $5m in financing. The round was led by Cambia Health Solutions with participation from previous investor Draper Fisher Jurveston (DFJ). Other investors in the company include Correlation Ventures, Hyde Park Angels, Pritzker Group Venture Capital, Chicago Ventures, and Firestarter Fund. Led […]
Hightower, a NYC-based mobile technology startup operating in the commercial real estate (CRE) industry, secured $2.12m in seed funding. The round was led by Bessemer Venture Partners (BVP) and Thrive Capital with participation from RRE Ventures and Red Swan, and angel investors David Tisch (Boxgroup), Aaron Levie (Box.com), Joe Lonsdale (Formation 8), Jason Tan (Sift […]