193 Views

Thrive Capital leads Series A round for Spring

Spring has secured $7.5 million in Series A funding. Thrive Capital led the round with participation from investors that included Founder Collective, Google Ventures, Groupe Arnault, Lerer Hippeau Ventures, Novel TMT, Plus Capital, Slow Ventures and SV Angel. Spring is a mobile marketplace set to launch later this summer.

101 Views

Bally agrees to buy VC-backed Dragonplay

Bally Technologies has agreed to buy Israeli social casino firm Dragonplay for approximately $100 million. The transaction is expected to close in July 2014. The Raine Group provided financial advice to Dragonplay on the deal. Dragonplay was backed by Accel Partners, Entrée Capital and Founder Collective.

106 Views

BookBub scores $3.8 mln

BookBub said Thursday that it has closed $3.8 million in Series A financing. The investors included NextView Ventures, Founder Collective, Avalon Ventures and Bloomberg Beta. Headquartered in Cambridge, Mass., BookBub helps readers find ebook deals.

VC-backed SHIFT hires MD for UK and Europe

SHIFT has named Kate Burns as managing director of its UK and European operations. Burns is the former CEO of AOL Europe. Headquartered in Los Angeles, SHIFT is a provider of marketing solutions for social advertisers. It is backed by Lerer Ventures, Thrive Capital, Founder Collective, Rincon Venture Partners, Baroda Ventures, Crosscut Venture Partners and DN Capital.

127 Views

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.

Tulip Retail raises $2.4m seed investment

Waterloo, Ontario based tech startup Tulip Retail has announced a $2.4 million investment led by SoftTech. Others investors include Founder Collective, BoxGroup, Lerer Ventures, iNovia, Promus Ventures, KIMA Ventures, Matt Mullenweg (founder of Wordpress), the founders of Bufferbox, and Greg Kidd (early investor in Twitter and advisor to Square).

Cendana Has Final Close On Institutional Seed Fund Of Funds

Cendana Capital announced the final close of a pair of seed-based fund of funds on Friday. The institutional seed investor now has raised $88.2 million and taken a position with nine investment partnerships. The final close announced Friday in a document filed with Securities and Exchange Commission was on $28.2 million raised by Cendana Capital L.P.

Sample6 Technologies Hires Tim Curran as CEO

Sample6 Technologies, a Boston-based developer of a so-called bacterial monitoring platform, has appointed Tim Curran as CEO. Curran was previously CEO of Vela Systems, which sold to Autodesk last year; he was also CEO of Eleven Technologies, acquired by Trimble Navigation in 2006. Sample6 is backed by Flybridge Capital Partners, Chevron Tech Ventures, The Kraft Group, Founder Collective and Boston University, among others.

Getable Closes Second Funding Round

Getable has closed a second financing, totaling $1.8 million. This brings total funding for the company to $3.2 million. Investors include Andreessen Horowitz, Founder Collective, Promus Ventures and Chris Sacca of Lowercase Capital.

Infinio Inks $10m from Highland Capital and Bessemer Venture Partners

Infinio (formerly known as SilverLining Systems) has closed a $10 million Series A investment from Highland Capital Partners and Bessemer Venture Partners, bringing total funding to date to $12 million. The firms join earlier investors Lightspeed Venture Partners, Cambridge’s Founder Collective, the NYC Seed Fund, and a group of angel investors. As part of the financing, Highland’s Sean Dalton and Bessemer’s Felda Hardymon have joined the company’s board of directors.

Blue Box Brings Series A Total To MoreThan $4.3M

Blue Box said it added to its Series A funding, bringing the round to a total of more than $4.3 million. The company in October announced a first closing on $3.5 million in a deal led by Voyager Capital. Founder Collective led the secondary closing.

Kawola Joins Harvest Automation as CEO

Harvest Automation, a company developing practical robots for the agriculture industry, has appointed John Kawola as CEO. Current CEO Charles Grinnell will assume the role of COO. Backed by Entrée Capital, Founder Collective, Life Sciences Partners, Cultivian Ventures, and Massachusetts Technology Development Corporation, Harvest Automation is headquartered outside of Boston, Mass.

Bill Trenchard Joins First Round Capital as Partner in San Francisco

 Bill Trenchard has joined the early-stage venture capital firm First Round Capital as a partner. Trenchard, who informally joined First Round in June, was previously investing on behalf of the early-stage, entrepreneur-led venture capital fund Founder Collective. Before becoming an investor, Trenchard was a founder at CallCast (which was later merged to form LiveOps) and Jump Networks (acquired by Microsoft).

Ancestry.com Purchases 1000memories

Online family history resource Ancestry.com has acquired San Francisco-based startup 1000memories. Founded in 2010, 1000memories makes it easy to digitize and share photos and stories from the past. The business was funded by angel and institutional investors, including Greylock Partners, Y Combinator, SV Angel, Founder Collective, and Lowercase Capital.

TestFlight Live is Born Via Start-Up Merger

Burstly has acquired TestFlight and the start-ups are joining forces to launch TestFlight Live. TestFlight Live is a real-time dashboard that highlights actions and revenue for iOS apps. Burstly’s backers include SoftBank Capital, Founder Collective, Rincon Venture Partners and GRP Partners. PRESS RELEASE We are excited to announce that Burstly has acquired TestFlight, and we […]

Paddle8 Snaps up Funding

David Frankel is leading a group of investors to back New York-based startup Paddle8, the online art market. Founder Collective is joining the round, as is Mousse Partners. Frankel will join Paddle8’s board. PRESS RELEASE: NEW YORK, Feb. 9, 2012 — Founder Collective, one of the most reputed early-stage venture capital funds, with previous successful […]

Ridejoy Raises $1.3M From Freestyle, Lerer, SV Angel, Y Combinator, Others

Ridejoy said it raised $1.3 million in a seed round led by Freestyle Capital and followed by Lerer Ventures, Start Fund, SV Angel, Founder Collective and Y Combinator. Also joining the round in the ride sharing company are individual social technology investors Ben Ling, Owen Van Natta and Joshua Schachter. PRESS RELEASE Social Ridesharing Pioneer […]

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