Horizons Ventures leads $6.5 mln Series B funding in FeeX

Horizons Ventures has led a $6.5 million Series B funding round in FeeX, which finds and reduces hidden fees in investment accounts. Existing investor Blumberg Capital participated in the funding round. Horizons has raised a total of $9.6 million to date.


ZipZap nabs $1.1 mln

ZipZap has raised $1.1 million in funding. Investors included AngelList Syndicate, 500 Startups and Blumberg Capital. In addition to the funding, ZipZap has named Jim Griffin as senior vice president of currency. Headquartered in San Francisco, ZipZap is a global payment network.


Zooz closes funding round led by Blumberg Capital

Zooz, a smart payment technology provider, has closed a $12 million funding round. The financing was led by Blumberg Capital, with participation by existing investors including XSeed Capital, lool ventures and Rhodium and new investors Access Industries and Camp One Ventures.


Intel Capital and Blumberg Capital lead $10 mln round for Fortscale

Israeli data security firm Fortscale said Monday that it has closed $10 million in funding. Intel Capital and Blumberg Capital led the round with participation from Fortscale’s previous backers which include the Swarth Group. According to the firm, the capital infusion will be used to expand the firm’s R&D and analytics teams as well as relocate the company’s new headquarters to Silicon Valley.

Trulioo snags $6 mln Series A funds

Trulioo has closed $6 million in a Series A financing. Tenfore Holdings led the round with participation from BDC Venture Capital and Blumberg Capital. Based in Vancouver, British Columbia, Trulioo is a provider of identity verification solutions.


Blumberg Capital Earns 52x Return On HootSuite

Blumberg Capital said it earned a 52x return in four years from its investment in HootSuite. HootSuite today announced a $165 million Series B round led by Insight Venture Partners and joined by Accel Partners and OMERS Ventures.

CarWoo! Attracts Further Funding

Online automobile marketplace CarWoo! has closed a $6M funding round, bringing total funding to over $12M. With the funding, CarWoo! is adding industry veterans Rudi Thun, formerly general manager of AOL Autos, and Phil Yeh, previously from Dealix. CarWoo! is based in Burlingame, CA and is now funded by Blumberg Capital, Comcast Ventures and InterWest […]

Nutanix Adds $25M From Khosla Ventures, Lightspeed, Blumberg

Nutanix said it raised $25 million in Series B funding with Khosla Ventures leading the round. Existing investors Lightspeed Venture Partners and Blumberg Capital participated. The San Jose-based company sells an appliance for datacenter virtualization and storage and has now raised a total of $39 million. The new money will go toward expanding manufacturing and […]

Madvertise Celebrates Series B Close

Earlybird portfolio company madvertise has closed a $10 million Series B funding round. The company secured a new US investor, Blumberg Capital which will add strength to the business in a digital media and mobile advertising capacity.

HootSuite Raises $3 Mln Debt Financing, Buys TwapperKeeper.com

HootSuite said Friday that it has closed $3 million in debt bridge financing. The company on its blog said that the funds came from Hearst Interactive Media, Blumberg Capital, and super angel Geoff Entress, with new participation from Millennium Technology Ventures. HootSuite also said Friday that it has acquired TwapperKeeper.com, a twitter archiving service.

Mertado Inks $2.3M Series A

Social shopping company Mertado has closed on $2.3 million in Series A venture capital. Rustic Canyon Partners joined previous investors Blumberg Capital and Redpoint Ventures in the financing round. Mertado has raised a total of $3.3 million to date. The company, based in Redwood City, Calif., is focused on helping consumers discover products for the home and kitchen.

DoubleVerify Inks $33M in New Capital

DoubleVerify, a maker of verification technology for online advertising, has closed on $33 million in new capital. JMI Equity and Institutional Venture Partners led the round, which also included return backers Blumberg Capital and First Round Capital. As a result of the round, Bob Nye of JMI Equity and Dennis Phelps of Institutional Venture Partners have joined the company’s board. Formed in 2008, DoubleVerify has raised a total of $47 million to date.

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