Address change platform Updater scores $8 mln

Updater has closed $8 million in Series A funding. The investors were SoftBank Capital, Second Century Ventures, IA Ventures and Commerce Ventures. Also, the firm has named Ryan Hubbard as chief technology officer. Based in New York City, Updater is a relocation and address-change platform.

Updater Raises $5M From SoftBank, IA Ventures, Others

Updater said it raised about $5 million in a Series A round led by SoftBank Capital and IA Ventures. The company did not disclose its other investors. It said the money would be used to hired, expand technology resources and for marketing.

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.

Could New York’s Startup Scene Hit the Wall in 2013?

In recent years, buttoned-down New York City has become an epicenter of open-collared consumer Web startups, with one hot brand after another drawing in users and venture capital in tandem. But the city that doesn’t sleep may have to work through the night reinventing itself if investors’ growing infatuation with all things enterprise goes unabated.

Datadog Secures Series A

Datadog has secured a $6.2 million series A round of funding, co-led by Index Ventures and RTP Ventures, an affiliate of ru-Net Holdings. Existing investors IA Ventures, Amplify Partners, Contour Ventures and NYCSeed also participated. Datadog is an IT service based in New York City.

Magnetic Attracts $10M

Magnetic, the search retargeting company, has taken on $10 million in a Series B round led by Edison Ventures. The New York-based company didn’t have any difficulty finding VCs, however: other backers for the round included IA Capital Partners, NYC Seed, NYC Investment Fund, Jonathan Kraft, Neu Venture Capital and Charles River Ventures. PRESS RELEASE: […]

DataSift Raises $7.2M From IA Ventures, GRP Partners

DataSift said it raised $7.2 million in Series A funding from existing investors GRP Partners and IA Ventures. The social data platform company, which will move into new offices in San Francisco’s SOMA district, will use the money to increase growth. PRESS RELEASE Social Data Platform Company DataSift Secures $7.2 Million in Funding Funds will […]

PEHUB Community

Join the 12493 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget

Groups