Cord Project ropes in $1.8 mln seed

New York-based voice startup Cord Project said Thursday that it has closed $1.8 million in seed funding. Metamorphic Ventures and Lerer Hippeau Ventures led the round with participation from other investors that included Google Ventures, Greycroft, Dave Morin of Slow Ventures, Gary Vaynerchuk of Vayner/RSE and Carmelo Anthony and Stuart Goldfarb of Melo7 Tech Partners.


Safeguard Scientifics leads $11 mln Series D funding in Transactis

Safeguard Scientifics has led an $11 million Series D funding round in Transactis, which provides electronic billing and payment solutions. Other participants in the funding round include existing investors StarVest Partners, senior management and the board. To date, Transactis has raised a total of $40 million from investors including Metamorphic Ventures, Vermont Information Processing and Harland Clarke.


Voyat nets $1.8 mln seed funds

Voyat, a CRM platform for hotels that is launching out of beta, said Tuesday that it has raised $1.8 million in seed funding. The investors included Metamorphic Ventures, Eniac Ventures, BoxGroup and Brett Crosby, co-founder of Google Analytics.


Fuisz Media snags $2.1 mln seed funds

Fuisz Media has closed $2.1 million in seed funding. Metamorphic Ventures and Lerer Hippeau Ventures led the round with participation from other investors that included Michael Lazerow, founder of Buddy MediaWGI Group and Brian Lee, co-founder of LegalZoom and The Honest Company. Based in Santa Monica, Calif., Fuisz Media is a provider of interactive video experiences.

Bindo raises $1.8 mln seed funding round

Bindo, a developer of a cloud-based system that enables 24/7 online shopping, has raised a $1.8 million seed funding round. The seed round is co-led by Gary Vaynerchuk and Singapore and Tokyo-based East Ventures. Other investors include New York City-based Metamorphic Ventures and other angel investors.

VC-backed PageScience names new advertising sales VP

PageScience, a New York-based provider of contextual advertising technology, has hired Steve McEvoy as a vice president of advertising sales. Previously, McEvoy worked at Mochilla and Jumpstart. The company’s backers include Metamorphic Ventures and Cava Capital.


Metamorphic Ventures raises second fund, expands advisory board

Metamorphic Ventures announced today on its blog that it has raised “just shy” of $70 million for its second fund. The New York-based seed stage firm, which has invested in crowdfunding site Indiegogo and credit scoring service Lenddo, among others, had raised about $22 million for its first fund. The firm said it will continue […]

Mass Relevance Raises $3.3M From Austin, Battery, Floodgate, Allegro, Metamorphic

Mass Relevance said it raised a $3.3 million Series A round of funding led by Austin Ventures and including new investor Battery Ventures. Existing investors Floodgate Fund, Allegro Venture Partners and Metamorphic Ventures participated. The Austin, Texas, company will use the new money to expand in the media, entertainment, consumer brands and retailing industries. PRESS […]

Precision Health Media Inks $1M

Precision Health Media, a developer of contextual advertising technology, has raised $1 million in fresh capital. Investors include Cava Capital, the Conyers Group, Metamorphic Ventures, and angels including Geoff Judge, partner in iNovia Capital; David Arcara; Jamie Driver; and Richard Forman of Health Venture Group. PRESS RELEASE With its Condition Match(TM) contextual advertising technology continuing […]

Nearbuy Systems Inks $1M

Nearbuy Systems has raised $1 million from Motorola Solutions Venture Capital, Eric Schmidt’s Innovation Endeavors and Metamorphic Ventures. The company, which makes indoor “mico-location” marketing software, will use the money for continued development of its system, and to get the technology into retail stores. Nearbuy is based in Menlo Park, Calif.

Encoding.com Inks $2M From Shareholders

Encoding.com, a San Francisco-based video encoding service provider, has raised $2 million in fresh capital from its current investors. Metamorphic Ventures led the round, which included participation from individual investors Patrick Condon, John Engates and Dave Morgan. The money will be used for expansion, the company said in a written statement.

VC-Backed LocalResponse Launches Public Beta

Earlier this week, Nihal Mehta (pictured) announced he launched LocalResponse, a New York-based developer of a Web-based tool that allows local businesses to respond to check-in posts on social media sites with tailored marketing campaigns. Mehta co-founded the company, previously known as Buzzd, as a social city guide for location-based services. The company had raised about […]

VCs Cashing In On Payments Companies

Thanks to a convergence of trends–smartphone penetration, growing virtual goods transactions, short-range wireless technology and a heightened demand for electronic payments worldwide–it is becoming easier for consumers to part with their cash. And VCs are noticing. In the last year, venture firms have invested more than $440 million in companies developing technologies and services tied […]

Chango Closes on $4.25M Series B

Toronto-based search marketing startup Chango has raised $4.25 million in Series B financing. Rho Canada, a division of NY-based Rho Capital Partners, led the round, which included participation from iNovia Capital, Metamorphic Ventures, Extreme Venture Partners and 24/7 Media co-founder Geoff Judge. As a result of the funding, Rho Canada’s Roger Chabra will join the Chango board.

Transactis Adds $7 Million Series B

Electronic billing and payment company Transactis has raised $7 million in a Series B financing round led by New York-based StarVest Partners. Existing shareholders and the company’s management also contributed to the round, which will help Transactis expand sales of its software-as-a-service. In March, Transactis said it had raised $2.5 million in VC funding led by New York-based Metamorphic Ventures.

GSI Commerce Buys VC-Backed FetchBack

GSI Commerce Inc. (Nasdaq: GSIC) has acquired FetchBack Inc., a Tempe, Ariz.-based provider of re-targeting solutions for online advertisers. No financial terms were disclosed. FetchBack had raised VC funding from Metamorphic Ventures.

Metamorphic Ventures Backs OfferIQ

OfferIQ, a New York-based developer of a mobile customer reward redemption solution for retailers, has raised an undisclosed amount of new VC funding. Metamorphic Ventures led the round, and was joined by ff Asset Management, Transactis CEO Joseph Proto and other individual angels.

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