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.
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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.
General Catalyst Partners has led a $4 million series A round for Locu. Chris Sacca’s Lowercase Capital, Lightbank and SV Angel participated, while Naval Ravikant and Babak Nivi of AngelPool, Quotidian Ventures, and Matt Ocko of Data Collective also took part in the round. With offices in Cambridge, Mass. and San Francisco, Locu is building [...]
An earlier version of this statement contained inaccurate information that was provided to peHUB. According to the VC’s site, “Menlo Ventures leads a $32m Series B investment in Uber, an on-demand car services company that is revolutionizing personal transportation.” An earlier version of this story mis-stated the round and value of the investment.
Music Site Turntable.Fm has raised $7.5 million and is adding Union Square Ventures’ Fred Wilson to its board. Union Square Ventures led the round in Turntable, which was widely rumored earlier. Other investors include First Round Capital, Polaris, Lowercase Capital, Benchmark, and angels including Troy Carter, Tim Kendall, Guy Oseary and Vivi Nevo.
Cambridge, Mass.-based Backupify has closed on $5 million in a Series B round led by Avalon Ventures. The company provides data protection and management services for cloud-based applications. General Catalyst and Lowercase Capital also contributed to the round, bringing the company’s total financing to date to $10.4 million.
Ellie Wheeler thought she’d be a doctor one day. Instead, she’s just become the newest member of Greycroft Partners in New York. It’s been a circuitous journey. After one semester at UMass’s medical school, Wheeler, who’d majored in psychology at Georgetown, realized she’d rather put her old finance classes to use instead. A posting she [...]
Zencoder, a four-year-old startup that transcodes videos for media content owners and that raised an undislosed amount of seed funding last year from Y Combinator and several angel investors, has just raised an additional $2 million in funding, including from Andreessen Horowitz, Ignition Partners, and SV Angel. The company is based in Madison, Wis. PRESS [...]
San Francisco-based UberCab, founded by Stumbleupon co-founder Garrett Camp and entrepreneur-angel Travis Kalanick, has closed a $1.25 million seed round led by First Round Capital, and joined by Founder Collective, Lowercase Capital and numerous individual investors. UberCab is an on-demand car service that works via the iPhone and SMS. Techcrunch has the story here.
Rob May didn’t intend to start a company. It was late in 2008, and May, an electrical engineer by training, was traveling through New York with the CEO of a startup that was unsuccessfully looking for a new round of funding. Over drinks with May’s friend Charlie O’Donnell of First Round Capital, O’Donnell told May he thought there [...]