REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Sponsorfied, a San Francisco, CA-based marketplace for sponsorships, recently raised $98.4k in funding. Twenty-nine investors have backed the startup via FundersClub. Backed by YCombinator and started by CEO Baldwin Cunningham, CPO Cullen Wilson, CTO Stuart Ross, who were frustrated by the state of the current sponsorship process (for both brands and the opportunity side), Sponsorfied […]
Tracks.by, a San Francisco, CA-based company that creates marketing campaigns between brands and artists around the world, has raised $87.5k in funding. Twenty-eight investors backed the company via FundersClub. Co-founded by Erik Smith, Chase Sechrist, Matt Schlicht, and Mazy Kazerooni, Tracks.by operates a platform that allows artists to launch new music and videos, get likes […]
Coinbase, a San Francisco, CA-based startup that is developing a wallet for the digital, decentralized currency bitcoin, has raised $165k in funding. Thirty-one investors have backed the company via FundersClub. Led by founder and CEO Brian Armstrong (Twitter: @brian_armstrong), and also backed by Y Combinator, Coinbase aims to be “the paypal of Bitcoin”. Commenting on […]
Prudential Capital Partners has raised $1.15bn for its fourth mezzanine fund, Prudential Capital Partners IV, L.P., which exceeded its $1 billion target, has been supported by public and corporate pension funds, insurance companies, fund-of-funds managers, foundations, and family offices. Led by Jeffrey Dickson, Mark Hoffmeister, Paul Meiring, Charles King, Allen Weaver, Robert Derrick and Scott […]
Maker Studios, a Culver City, Calif.-based YouTube multi-channel network, has closed $36m in the initial closing of its Series C financing. The round was led by Time Warner Investments, with participation from Greycroft Partners; GRP Partners; Downey Ventures; Elisabeth Murdoch; FUEL: M+C; Ynon Kreiz; Daher Capital; and Jon Landau. In conjunction with the funding, Rachel […]
Pluribus Networks, a Palo Alto, CA-based developer of hardware-accelerated network virtualization solutions for private and public cloud datacenters, has raised a $23m Series C funding. The round was led by Menlo Ventures, with participation from existing investors New Enterprise Associates, Mohr Davidow Ventures and others. The company, which closed a $17.5m Series B round in […]
IFTTT, a San Francisco, CA-based startup that is developing a service to connect web sites, apps and the Internet of Things, has raised $7m in funding. The round was led by Andreessen Horowitz, with participation from Lerer Ventures and New Enterprise Associates. The company intends to use the capital to continue simplifying its design, extend its service […]
Within3, a Cleveland, OH-based provider of digital collaboration solutions for the pharmaceutical and life sciences industries, has secured a new round of equity financing. The investment, which brings the company’s aggregate funding to $20m, was led by Easton Capital. Within3 intends to use the capital to continue to expand its customer base and supporting infrastructure. […]
Cloud Sherpas, an Atlanta, GA-based cloud services brokerage, has completed a $40m Series B funding. Backers include existing investors Columbia Capital and Delta-V Capital and new investor Greenspring Associates, and Queensland Investment Corporation. The company intends to use the funding to continue to grow organically, expanding in key geographic regions and into emerging technology categories, […]
Appconomy, Inc., an Austin, TX-, and Shanghai, China-based developer of the Appconomy Commerce Cloud platform and mobile apps, has raised an additional $6m and completed a $16m Series A funding. The company, which has just launched its JinjinTM mobile marketplace in Beijing and Shanghai, China, intends to use the capital to continue the rapid introduction […]
Medrobotics Corp., a Rainham, MA-based medical robotics company, has raised $33.6m in Series D funding. Backers include existing shareholders and undisclosed new investors. The company intends to use the capital for regulatory preparations and submissions and for anticipated commercial launches next year in Europe and the United States. Led by Samuel Straface, Ph.D., president and […]
Vantrix, a Montreal, Canada-based provider of optimized mobile content delivery solutions, has received US$13.5m in Series D funding. The round was led by existing investors Summerhill Venture Partners, JK&B Capital and Tudor Ventures, with pro rata participation from BDC Venture Capital, Innovacom and Entrepia Ventures. The company intends to use the capital to grow their […]
Yoics, Inc., a Palo Alto, CA-based cloud service provider for the Internet of Things (IoT), has closed a $1M angel funding. The investment, which was done as a convertible note, in anticipation of a larger financing targeted for early 2013, was led by CrunchFund, with participation from Core Ventures and Passport Capital as well as […]
CROSSMARK, a Plano, Texas-based sales and marketing services company for the consumer goods industry, has received a majority investment from Warburg Pincus. The amount and terms of the transaction were not disclosed. Following the deal closing, the management owners (led by CEO John Thompson) of CROSSMARK will maintain a “significant” equity position and continue to lead […]
FTTH Communications, LLC, a Minneapolis-area, facilities-based fiber optic network, has received an investment from enVision Capital. enVision, a mid-stage venture capital firm and division of management consulting firm, enVision Business Consulting, is taking a minority stake in FTTH. The company plans to use the funding, whose amount was not disclosed, for network expansion and upgrades […]