REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
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 […]
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 […]
“Our job is to sift through a funnel of 2,000 to 3,000 opportunities per year, invest in 15, help them staff up, launch their product, and build their sales and marketing engine to successfully raise follow on rounds from the best VC firms“ Jeff Clavier, founder and managing partner, SoftTech VC, on the raise of Fund […]
Rakuten Ventures has launched a US$100m global investment fund. Building on the Southeast Asia fund, which was originally launched in 2013, the fund will target investments in tech startups and companies that can enable better user experience and facilitation in Israel, Asia Pacific, and the USA. It will focus broadly on early stage investments in […]
Yik Yak, an Atlanta, GA-based social messaging app for private, localized engagement, secured $10m in funding. The round was led by DCM with participation from Azure Capital Partners, Renren Inc. (NYSE: RENN), a social networking company in China, and venture capitalist Tim Draper. Alan Masarek, co-founder and former CEO of Quickoffice, and David Chao of […]
According to a post, Susa Ventures has launched a $25m early stage technology fund to invest in data-centric founders and businesses. The fund focuses on companies that leverage the power of data to create platforms, tools, and analytics with inherent network effects. Led by operating partners Seth Berman, Leo Polovets, Eva Ho, and Chad Byers, […]
MapR Technologies, Inc., a San Jose, CA-based provider of a distribution platform for Apache™ Hadoop®, completed a $110m equity and debt financing. The $80m equity round was led by Google Capital with participation from Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and existing investors Lightspeed Venture Partners, Mayfield Fund, New Enterprise Associates and […]
FreeGameCredits.com, a Santa Monica, CA-based user acquisition platform, which focuses on delivering active and engaged mobile users to game developers worldwide, received a seed investment from Science Inc. The company intends to use the funds to accelerate its growth. Founded by Joe Bayen, FreeGameCredits.com offers a web app and an upcoming iPhone app that delivers […]
SoftTech VC announced the closing of an $85m venture capital fund. Backers included 20 institutional LPs and 40 individuals (43% Fund of Funds, 23% Family Offices, 15% Endowments & Pension Funds, 10% Foundations, 9% Individuals). SoftTech VC IV focuses on seed stage opportunities in B2B and B2C technology. In details, investment areas include Software-As-A-Service (SaaS) […]
According to a post by CEO Danielle Morrill, Mattermark, a San Francisco, CA-based provider of a data platform for venture capital companies, has raised $2m in second seed funding. Backers included existing investors Andreessen Horowitz and Ullas Naik as well as new investors Version One Ventures, Felicis Ventures, Flybridge Capital Partners, Slow Ventures, Gramercy Fund, Armando […]
Coursmos, a San Francisco, CA-based micro-learning platform, raised $530k in seed funding. Backers included Eugene Medvednikov and venture capital firm Imperious Group. The company, which has raised a total of $680k, will use the funds to expand the team and develop new features including: – A course recommendation system based on users’ history and interests […]
CrowdTwist, a New York City-based provider of omnichannel loyalty and analytics solutions for the marketing industry, raised $9m in Series B funding. The round was led by NYC-based StarVest Partners, with participation from existing investors Fairhaven Capital and SoftBank Capital. The company, which has now raised $20m, intends to use the funds to scale and […]
Chloe + Isabel, a New York-based social retail jewelry company, closed a $15m Series C equity funding. The round was led by SoftBank Capital, with participation from existing investors General Catalyst Partners, First Round Capital, Forerunner Ventures, and Floodgate Fund. The company intends to use the fubds to grow and increase its community of micro-entrepreneurs […]