Start Up

Sounday, a venture-backed Italian digital music ecosystem startup, reached a consolidated turnover of €3m in 2013. The amount represents an over 10X increase year on year (€260k in 2012). The company also recorded a 50% growth in the number of subscribers on Sounday Music (from 20,000 a 30,000). Founded in 2009 by CEO Giuseppe Ravello, […]

Trendrating, a London and New York-based provider of proven market and portfolio analytics to global investment managers, raised $1m in seed financing. Backers included New York based Angelic Ventures, a family office headed by former Thomson Reuters CEO, Tom Glocer, who is also Chairman of the Trendrating Advisory Board, with participation from a group of […]

Lisnr, a Cincinnati, OH-based provider of an audio-based marketing and content distribution platform, closed a $3.5m Series A financing round. The round was led by Progress Ventures with participation from Jump Capital, CincyTech, Serra Ventures and Mercury Fund. Led by Josh Glick, Nikki Pfahler, Chris Ridenour, Chris Ostoich, and Rodney Williams Lisnrprovides a mobile engagement […]

Streetline, a Foster City, CA smart parking company, closed $10m financing. Backers included Citi, Fontinalis Partners, RockPort Capital Partners, Sutter Hill Ventures, True Ventures, and Qualcomm Incorporated, acting through its venture investment group, Qualcomm Ventures. In conjunction with the funding, Abe Yokell, a partner with RockPort Capital Partners, joined the company’s Board of Directors. The […]

GenePeeks, Inc., a Cambridge, MA and New York, NY-based genetic information company focused on reproductive risk prediction, received a $3m venture loan from Horizon Technology Finance Corporation (NASDAQ: HRZN). The company intends to use the proveeds to support its growth. Led by Anne Morriss, CEO, GenePeeks is a genetic information company focused on identifying inherited […]

Wasatch Microfluidics, a Salt Lake City, UT-based company dedicated to the advancement of label-free biomolecular interaction analysis, closed a $2m funding round. Backers included existing investors and Kirk Ririe, founder of BioFire Diagnostics. The funding will be used to expand sales and marketing activity. Led by Josh Eckman, CEO, Wasatch Microfluidics provides label free analysis […]

SavvyCard, a St. Petersburg, Florida-based startup developing a web application platform for mobile devices, closed a $1.5m Series A funding round in May 2014. Backers included accredited investors by Florida Funders, who committed $80k. Other investors were not disclosed. The company intends to use the funds plans to use the funding for expanding sales and R&D activities […]

Last week, LA-based online flower delivery service The Bouqs Company raised $6m in Series A financing (read here). CEO and Founder John Tabis answered our questions about the company, the service, the team, the funding and future plans. FinSMEs: Hi John. First, can you tell us a little bit more about you? What’s your background? […]

Databricks, a Berkeley, CA-based provider of a cloud platform for analyzing and extracting value from big data, closed a $33m Series B funding. The round was led by New Enterprise Associates (NEA) with follow-on investment from Andreessen Horowitz. Led by Ion Stoica, CEO, and Matei Zaharia, CTO, Databricks provides has launched Databricks Cloud, a platform built around […]

Flikdate, a Los Angeles, CA-based mobile video dating app, raised $350k in funding. mbloom, backed by the Hawaii Strategic Development Corporation (HSDC), made the investment along with two other parallel investments. The company intends to use the funds to launch the second version of the app incorporating a new video platform, real-time chat, and video […]

Seriously, a Helsinki, Finland and Los Angeles, CA-based creator of mobile games, raised $2.65m in its second seed funding. The round was led by existing investors Sunstone Capital and Upfront Ventures, with participation from new investor Daher Capital. The company, which has now raised $5m in seed funding, intends to use the capital for content […]

Osper, a London, UK-based banking app for young people, closed more than $10m in funding. Backers included Index Ventures, Horizons Ventures, Peter Jackson (CEO of Travelex), and Darren Shapland (ex-Chairman of Sainsbury’s Bank). Led by Alick Varma, Founder, Osper has just launched a MasterCard® Prepaid Debit Card and mobile banking app which comes with separate […]

Seal Innovation, Inc., a Raleigh, NC-based wearable technology startup commercializing a swim safety monitor, raised nearly $2m in Series B financing. In addition to the funding, seasoned business and aquatics leaders Jan Davis and David Fox have joined its board of directors. The company intends to use the capital to accelerate geographic, market segment and […]

Cidara Therapeutics, Inc., a San Diego, CA-based biopharmaceutical company, completed a $32m Series A financing. The round was led by 5AM Ventures, Aisling Capital, Frazier Healthcare and InterWest Partners and also included select institutional cross over investors. In connection with the financing, Steve Elms, Patrick Heron and former Trius board member Nina Kjellson have also joined […]

CoreOS, a San Francisco, CA-based Linux operating system for massive server deployments, raised $8m in Series A funding round. The round was led by Kleiner Perkins Caufield & Byers, with participation from existing investors Sequoia Capital and Fuel Capital. The company intends to use the funds to grow the company, product development, and expand globally. Led […]