ff Venture Capital promotes two to partner

ff Venture Capital has promoted Adam Plotkin and Michael Faber to partners, a spokesperson for the New York City-based venture firm confirmed.  Plotkin originally joined ff Venture Capital as an entrepreneur-in-residence in June 2013 while Faber came to the firm as a senior advisor in May 2014.

Distil Networks pulls in $10 mln Series A

Distil Networks said Wednesday that it has closed $10 million in Series A funding. Foundry Group and Techstars’ Bullet Time Ventures led the round with participation from ff Venture Capital, IDEA Fund Partners and Militello Capital. In conjunction with the funding, Ryan McIntyre of Foundry Group and Bullet Time Ventures’ David Cohen have been named to Distil Networks’ board of directors. Based in Arlington, Virginia, Distil Networks is a provider of bot detection and mitigation solutions.

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Elicit raises total Series A round to $2.025 mln

Elicit said Friday that it has secured a total of $2.025 million in Series A funding and added Chicago Ventures as an investor. According to the firm, the capital infusion will be used to expand Elicit’s marketing and sales efforts. Based in Chicago, Elicit is a provider of tech solutions that help marketers improve on-site search conversion. Its backers include Greycroft Partners, First Round Capital, ff Venture Capital and Lazerow Ventures.

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Lithium Technologies acquires VC-backed Klout

Lithium Technologies has acquired Klout. No financial terms were disclosed. Based in San Francisco, Klout measures social web influence. Its backers include KPCB, Venrock, IVP, ff Venture Capital, Greycroft Partners, Lucid Ventures, Draper Nexus Ventures, Mayfield Fund and Zelkova Ventures.

Klout reportedly acquired by Lithium for $100 mln

San Francisco-based Klout has reportedly been acquired for $100 million by Lithium Technologies. The companies have not yet announced a deal, but online publications, including re/code reported last week that the deal is closed. Klout, which measures the influence of users on social media, has raised at least $40 million in known financing since it was founded in 2008.

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peHUB First Read

Take a break this morning and read all about the latest PE news including ff venture capital’s first fund to be raised under the JOBS Act; Maine committing to GTCR and Onex funds and investors flocking to Britain’s Royal Mail.

Adcade Secures Seed Funds Led by ff Venture Capital

Adcade, an NYC-based startup in the mobile advertising market, has closed over $1.5 million in seed stage funding led by ff Venture Capital. Other participants in the round include Quotidian Ventures, BHV, Great Oaks VC and a handful of angel investors.

Job of the Week: New York-based Seed Firm is Hiring

New York-based seed investment firm ff Venture Capital is expanding its acceleration team to include an in-house designer, hacker and public relations specialist. The positions are based in midtown Manhattan. The new team members will work both on in-house ff projects and also work with portfolio companies.

VolunteerSpot Inks $1.5m Funding Led by ff Venture Capital

VolunteerSpot has secured an investment of $1.5 million. The funding was led by ff Venture Capital of New York, with participation from members of the Central TX Angel Network, Nebraska Angel Network, Angel List and Baylor Angel Network. Launched in 2009, VolunteerSpot provides online volunteer tools designed to help busy moms, teachers and nonprofit organisers […]

Klout Acquires Blackboard

Online reputation company Klout has acquired Blockboard. This is Klout’s first acquisition. Klout’s backers include Kleiner Perkins Caufield & Byers, Greycroft Partners and ff Venture Capital. PRESS RELEASE We’re only a few weeks into 2012 and already have more great news. Klout has acquired Blockboard! This is Klout’s first acquisition, and it’s a very important […]

Livefyre Gets More Funds

Livefyre, a provider of social commenting and real-time applications, has announced the release of its second-generation conversation platform along with a Series B round of financing. The $4.5M investment was led by Greycroft Partners and included digital media investors Cue Ball, HillsVen Group, and ff Venture Capital. The funding round allows Livefyre to scale engineering and sales efforts, as well as accelerate development of its aggressive innovation roadmap.

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