Foundation leads $70 mln funding of digital ad company AdRoll

AdRoll, which helps brands with online targeting of ads, has raised a $70 million funding round led by Foundation Capital. Previously, the company raised $19 million in funding. The latest round also included new investors Institutional Venture Partners, SAB Capital, Northgate Capital, Performance Equity and Glenmede, as well as existing investors Merus Capital, Accel Partners and Peter Thiel. As part of the round, Eric Liaw of IVP has joined the board.

Tenaya leads funding round for AgileOne

AgilOne, which provides a cloud-based predictive intelligence application for marketers, has raised a $25 million Series C round led by Tenaya Capital. The funding included participation from Next World Capital and Four Rivers Group, as well as existing investors Sequoia Capital and Mayfield Fund. The Mountain View, Calif.-based company previously raised $16 million in funding. As part of the latest deal, Tom Banahan, managing director of Tenaya, has joined the board.


One Medical raises a healthy $40 mln in growth funding

One Medical Group, a San Francisco-based provider of healthcare services, has raised $40 million in growth capital in a round led by Redmile Group. Current investors also participated in the round. One Medical previously raised $76.5 million in funding from Benchmark Capital, DAG Ventures, Oak Investment Partners, Google Ventures and Maverick Capital.


Act-On raises $42 mln in deal led by TCV

Act-On Software, a developer of marketing automation software, has raised $42 million in new funding led by Technology Crossover Ventures. Existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners and Voyager Capital also participated. Act-On previously raised $32 million in funding since it was founded in 2008. As part of the funding, David Yuan, general partner at TCV, has joined the board.


Mobile app Snupps launches, announces previous $5 mln seed round

London-based Snupps launched its app on the iOS platform today and disclosed that it previously raised $5 million in seed funding from Amr Zedan. Zedan has made early-stage bets in such companies as Jumio and Palantir Technologies, among others. Snupps provides a way for users to take mobile pics of their stuff and personal belongings (from wine to knickknacks in the home).

Kabbage raises $270 mln in cabbage

Kabbage, an online lender for small businesses, announced today that it has raised a $270 million revolving line of credit. The debt round, which goes directly into the company’s lending operations to provide funding to its customers, was oversubscribed. Investors were undisclosed, but a Kabbage spokesperson said they include major banks, pension funds and insurance companies. Previously, the Atlanta-based company raised $97 million in debt, including a $75 million credit facility through Victory Park Capital and Thomvest Ventures in 2013.

Silicon Valley-based Guericke named partner of Earlybird

Berlin-based venture firm Earlybird Venture Capital announced today it has named Konstantin Guericke a partner. He becomes the fifth partner at the firm, which in mid-2013, raised $200 million for its fourth early-stage fund. Guericke has been in Silicon Valley for some 20 years and is co-founder and former VP of marketing of LinkedIn. He joined Earlybird nearly two years ago as a venture partner.


Accel backs mobile game developer Industrial Toys

Accel Partners, which is no stranger to the gaming sector, having backed Playfish, Rovio, Supercell and others, has announced it led a $5 million Series A investment in Industrial Toys. This is the first institutional round raised by the Pasadena, Calif.-based company, which is led by CEO Alex Seropian, a video game veteran and former president of Bungie.

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