REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
StackAdapt, a Toronto, Canada-based provider of native advertising technology, raised $900k in seed funding. The round was led by IAF (Investment Accelerator Fund), Slaight Communications, with debt financing provided by from BDC (Business Development Bank of Canada). The company intends to use the funds to grow the development team in Toronto and in their satellite […]
The Credit Junction, a NYC-based online marketplace lending platform, secured $2m in seed funding. The round was led by GLI Finance Limited, a specialist lender to small and medium sized businesses, with participation from several strategic individual investors. The company will use use the funds to expand operations. Led by Michael Finkelstein, CEO, The Credit […]
Alberto D’Ottavi, 48, co-founder of Blooming, a venture-backed social commerce startup, died of a stroke today. An entrepreneur, book author, journalist and blogger (http://www.infoservi.it/), startup mentor and advisor, he was an expert of culture, society, technology, media, and the Internet. He won several awards. D’Ottavi was a partner and advisor at the recently launched Fashion Technology […]
Buck Mason, a Los Angeles, CA-based ecommerce startup, raised $300k in seed funding. Backers included Innovation Global, Finn Capital Partners, Simplepitch Ventures and Kristina Chang of Westlake International. The company intends to use the funds to continue to scale operations by focusing on product development, expanding the collection into additional categories with an emphasis on […]
Fundrise, a Washington, D.C.-based real estate crowdfunding platform, raises an additional $7m in Series A funding. The company has now raised $38m in the round, having announced a $31m close in May 2014 (read here) Backers in the new tranche included Debbie Ratner Salzberg of Forest City, Terrence Rohan of Index Ventures, Onyx Equities co-founder […]
Cynny, a Menlo Park, Calif.-based service that lets users make personal mobile web pages, reportedly raised €2.5m in funding. According to BeBeez (read here), about 60 private investors invested in the company during an 8 month period. Led by Stefano Bargagni, founder and CEO, and Renato Iwersen, CBO, Cynny provides LIVETAGs, a consumer service that allows users […]
Array Health, a Seattle, WA-based provider of private health insurance exchange technology, closed a $13m funding round. The round was Led by Noro-Moseley Partners with participation from Vocap Investment Partners. The company intends to use the funds to accelerate product development, sales and marketing teams. Founded in 2006 and led by CEO Jonathan Rickert, Array […]
DynAdmic, a Mougins, France-based video technology startup and ad platform, raised $3m in Series A funding. Backers included XAnge Private Equity. The company intends to use the funds to roll out in North and South America and consolidate its market position in Europe. Founded in 2012 by Stephane Bonjean and Bruno Champion, DynAdmic leverages an advertising technology […]
Lodgeo, a London, UK-based hotel price comparison app, raised £2m in funding. Backers included Javest Investment Fund and three unnamed angel investors. The company intends to use the funds to further enhance the technology and to launch international marketing initiatives. Led by Ines Djelassi, founder, Lodgeo has developed a mobile metasearch app that aggregates data from […]
A/B Tasty, a Paris, France-based A/B testing and website optimization solution for data-driven marketers, raised €1.1m in funding. Backers included Kima Ventures and XAnge. The company intends to use the funds to hire new people and expand adoption of its platform in Germany, UK, Italy and Spain. Launched in 2011 by Alix de Sagazan and […]
Skillz, a San Francisco, CA- and Boston, MA-based provider of a tournament platform where mobile gamers can use their skills to compete for cash and prizes, raised $6m in venture debt and equity financing. The round was led by Atlas Venture. The company, which has raised $13.3m to date, intends to use the capital for […]
Context Relevant, a Seattle, WA-based provider of automated predictive analytics software for Big Data 2.0 applications, completed a $13.5m in Series B-1 funding. Backers included Goldman Sachs, Bank of America Merrill Lynch, Formation 8, New York Life, and Bloomberg Beta. In conjunction with the funding, Bina Kalola, Managing Director at Bank of America Merrill Lynch and […]
Sendwithus, a Victoria, BC, Canada- and San Francisco, CA-based email marketing startup, closed a $2.3m seed funding. The round was led by Steve Anderson of Baseline Ventures, with participation from Initialized Capital, SV Angel, Maiden Lane, Acequia Capital, and other angel investors. The company intends to use the funds to hire new people to continue […]
Loxysoft Group, an Östersund, Sweden-based newly formed provider of support systems for contact centers and contact-intensive activities with focus on sales, received a SEK25m investment from Inlandsinnovation. The company used the funds to acquire Dolphin Software from Verdane Capital and Via Venture Partners and further expand into additional markets. Led by Tobias Sjölander, CEO, Loxysoft Group provides […]
F.W. Davison & Company, a Framingham and Plymouth, Massachusetts-based provider of software solutions for the Professional Employer Organization (PEO) and Administrative Service Organization (ASO) industries, received a minority growth equity investment from Accel-KKR. In conjunction with the investment, Greg Williams, managing director at Accel-KKR and David Cusimano, vice president at Accel-KKR, will join F.W. Davison […]