Twitter buys VC-backed CardSpring

Twitter has acquired CardSpring, the latter confirmed in a post on its site. No financial terms were disclosed. Based in San Francisco, CardSpring is a payments infrastructure firm. CardSpring’s backers included Accel Partners, Greylock Partners, Morado Venture Partners, SV Angel, Data Collective, Felicis Ventures and the Webb Investment Network. To read the announcement , visit here.

Upside snags $1.1 mln

Upside, a managed account platform provider for investment advisors, has closed $1.1 million in funding. The investors included Cultivation Capital, SixThirty, Suranga Chandratillake of Balderton Capital and Bruno Bowden of Data Collective. In addition to the funding, Cliff Holekamp of Cultivation Capital has been added to Upside’s board of directors. According to the firm, the capital will be used to further invest in its tech platform.


Amplitude grabs almost $2 mln seed funds

Amplitude, a San Francisco-based provider of mobile analytics for app developers, has closed $1.975 million in seed funding. The investors included Quest Venture Partners, Data Collective and Merus Capital.


Andreessen Horowitz powers up Mesosphere with $10 mln Series A

San Francisco-based Mesosphere announced it has raised $10 million in Series A funding from Andreessen Horowitz,with an additional $500,000 in funding from Data Collective and Fuel Capital. The company, which also has an office in Germany, provides an operating system for data centers to read the open source Apache Mesos. It previously raised $2.25 million from Andreessen Horowitz, Kleiner Perkins Caufield & Byers, Foundation Capital and SV Angel. The company was founded by former engineers from Twitter and AirBnB.


Area 1 Security bags $2.5 mln in seed funds

Area 1 Security has closed $2.5 million in seed funding. The investors included Ted Schlein of KPCB, Cowboy Ventures, Data Collective, First Round Capital, Allegis Capital, Shape Security CEO Derek Smith and RedSeal Networks CEO Ray Rothrock. Based in Menlo Park, Calif., Area 1 Security is a provider of cyber security solutions.

Cybersecurity startup Sentinel Labs attracts $12 mln

Sentinel Labs has closed $12 million in Series A funding. Tiger Global led the round with participation from Accel Partners, Data Collective, Granite Hill Capital Partners and The Westly Group. Based in Palo Alto, Calif. and Tel Aviv, Sentinel Labs is a cybersecurity firm..

GSV Capital leads Series A round for personalized learning platform Declara

Declara has secured $16 million in Series A financing. GSV Capital led the round with participation from Data Collective, Founders Fund and Catamount Ventures. In conjunction with the funding, Mark Flynn, co-managing partner of GSV Asset Management, has been added to Declara’s board. Headquartered in Palo Alto, Calif., Declara is a personalized learning platform.

Firebase Raises $5.6 Million Series A

Firebase, a three-year-old, San Francisco-based startup whose cloud service is designed to power collaborative communications in real time, has raised $5.6 million in Series A funding from Union Square Ventures and Flybridge Venture Capital. The company had raised $1.4 million in seed funding last year from Flybridge, Data Collective, Greylock Partners, New Enterprise Associates and Expansion Venture Capital.

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