Ribbit Capital and Felicis Ventures back Activehours app

Activehours said Wednesday that it has raised $4.1 million in seed funding. Ribbit Capital and Felicis Ventures led the round. Based in Palo Alto, Calif., Activehours is a mobile app that gives hourly workers access to their earned wages.

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.


DCM leads Series B round for Matterport

Matterport said Monday that it has closed $16 million in Series B financing. DCM Ventures led the round with participation from AME Cloud Ventures. Other investors include Lux Capital, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, Qualcomm Ventures and Rothenberg Ventures. Based in Mountain View, Calif., Matterport develops cloud-based 3D models of interior spaces.


Men’s clothing brand Bonobos picks up $55 mln Series D

Bonobos said Thursday that it has closed $55 million in Series D funding. Coppel Capital led the round with participation from investors that included Accel Partners, Lightspeed Venture Partners, Nordstrom, Mousse Partners, Glynn Capital Management, Forerunner Ventures and Felicis Ventures. Based in New York City, Bonobos is a men’s clothing brand.

Newegg forms partnership with VC-backed BitPay to accept bitcoins

Electronics retailer Newegg has formed a partnership with BitPay to accept bitcoin payments on Newegg.com. In May, BitPay announced it had secured $30 million in Series A funding from Index Ventures, Horizon Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Sir Richard Branson and AME Cloud Ventures. BitPay’s total capital raised at the time was $32.7 million.


Upfront Ventures leads seed round for Grove Labs

According to a blog post on its site, Grove Labs has raised over $2 million in seed funding. Upfront Ventures led the round with participation from Gary Vaynerchuk’s Vayner RSE, Felicis Ventures, Galvanize VC, author Tim Ferriss and his AngelList syndicate. Headquartered in Somerville, Mass., Grove Labs is a provider of sustainable farming solutions. To read the funding announcement, visit here.


Shasta Ventures leads $4 mln Series A funding round in Survios

Shasta Ventures has led a $4 million Series A funding round in Survios, which has a technology platform for virtual reality and entertainment. Additional investors included Renata Quintini of Felicis Ventures and Gen Isayama of World Innovation Lab. Rob Coneybeer, managing director at Shasta Ventures, will join the board.


Index Ventures leads $30 mln Series A for BitPay

BitPay said Tuesday it has raised $30 million in Series A funding led by Index Ventures. Horizons Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Sir Richard Branson and AME Cloud Ventures also participated. Atlanta-based BitPay said it processes $1 million per day in bitcoin payments for over 30,000 merchants. Bit Pay, payment service provider, said total accumulated investment has reached $32.7 million.


3D printing company SOLS Systems raises $6.4 mln

SOLS Systems, a maker of 3D printing technology focused on orthotics, has announced it has raised a $6.4 million round of funding led by Lux Capital. Also participating in the Series A round is new investor Founders Fund as well as existing investors RRE Ventures, Rothenberg Ventures, Felicis Ventures, FundersGuild and Grape Arbor VC. The New York-based company has now raised just over $8.1 million in total funding since it was launched in 2013.


VCs launch into new space: VCJ

Welcome to the era of “New Space,” where a small, but growing number of emerging hardware companies – many venture backed – are starting to take over the reins of space exploration as Washington, D.C., and other government agencies worldwide, shift the financial burden to private enterprise, affiliate magazine Venture Capital Journal reports.


RentPath buys VC-backed Lovely for $13 mln

RentPath said Wednesday that it has acquired Lovely for $13 million in cash. Based in San Francisco, Lovely is a marketplace for renters, property owners and managers. Its backers included Felicis Ventures, Founder Collective, S-Cubed Capital and FundersClub.

Practice Fusion Buys Venture-Backed 100Plus

Electronic medical records management company Practice Fusion has made its first acquisition, scooping up 100Plus for an undisclosed amount. 100Plus, which was launched in Practice Fusion’s health tech incubator in San Francisco, previously raised $1.25 million in seed-stage funding from Founders Fund (which is also a Practice Fusion investor), Greylock Discovery Fund, Felicis Ventures (another Practice Fusion investor) and the Band of Angels. 100Plus was co-founded by CEO Chris Hogg, a health care data analytics expert formerly with Gilead Sciences, who will join Practice Fusion’s data and product development group.

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