elicit, a software as a service company has secured $1.5 million in Series A Funding. Investors include Greycroft Partners, First Round CapitalPRESS RELEASE and ff Ventures. elicit, a software as a service (SaaS) company that has designed technology to help marketers easily improve the on-site search experience — and improve conversions via on-site search — [...]

Koding said it raised $2 million in Series A funding in a round led by RTP Ventures, and Greycroft Partners. The San Francisco company has a cloud-based software development environment. PRESS RELEASE KODING LAUNCHES WITH $2 MILLION IN FUNDING TO MAKE SOFTWARE DEVELOPMENT EASY AND FREE Cloud-Based Software Development Platform Company Announces Series A Funding [...]

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 [...]

Venture-backed behavioral advertising company 33Across Inc. announced this morning that it has acquired VC-backed Tynt Multimedia Inc. for an undisclosed amount. It isn’t clear if Tynt’s VCs made a profit on the sale. The company, which develops solutions to track user behavior on websites, has raised $8.3 million in venture capital since 2008, according to Thomson Reuters (publisher [...]

Performance Horizon Group, a provider of performance marketing technology, has attracted a second round of venture capital funding led by Greycroft Partners and existing investor DN Capital. PHG also welcomes John Taysom and Tom Buehlmann to its board. Established in May 2010, PHG is the latest venture of Malcolm Cowley and Paul Fellows, founders of [...]

Los Angeles-based SteelHouse has raised $6.3 million from venture investors Greycroft Partners, Rincon Venture Partners, Lighthouse Venture Group, Baroda Ventures and SV Angel. The company makes a behavioral ecommerce platform, which provides shoppers different offers based on their buying behavior.

Matchbin has closed a $10 million equity financing round from investors including Level Equity, Greycroft Partners and vSpring Capital. Simultaneously with the financing, the company announced the acquisition of NAVTEQ Media Solution’s Radio and Television Group, and the closing a $12 million credit facility with Silicon Valley Bank. The combined company, which will now be [...]

For VCs in search of the next hot investing trend, Mark Suster has two words: Internet TV.

Not that anyone has been paying much attention to him, Suster told a crowd at the Venture Alpha conference held yesterday in San Francisco. “I’ve walked up and down Sand Hill Road and not a single person agrees with me.”

Suster thinks this “means I’m on to something.” But it’s easy to see why others might not agree, beginning with the enduring popularity of good old-fashioned TV. According to the Nielsen Company, Americans watch 5.3 hours of television every single day, and every year, they watch just a tiny bit more than the year before. Indeed, in its latest report….

TagMan, maker of a tag management system, has sealed $5 million in a second round of venture capital, bringing the total raised to $10 million. Greycroft Partners and iNovia Capital led the Series B round. The company closed a $2.3 million Series A round in January.

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.