(Reuters) – DreamWorks Animation SKG Inc. on Wednesday bought teen-oriented YouTube network AwesomenessTV, providing a big exit for Greycroft Partners, MK Capital, New World Ventures and angels, which invested $3.5 million in the company just nine months ago.
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FindTheBest has raised $11 million in Series B financing led by New World Ventures, with participation from Montgomery & Co. and existing investors Kleiner Perkins Caufield & Byers and Kevin O’Connor, founder and CEO of FindTheBest and formerly founder of DoubleClick. The funding brings the company’s total capital raised to $17 million.
Retrofitme.com, which dubs itself a “data-driven weight loss program for data-driven people,” has raised $2 million in a round of financing led by I2A Fund, New World Ventures and FireStarter Fund. The company previously raised $700,000 in late 2011. The company is based in Skokie, Illinois. PRESS RELEASE RETROFIT LLC (retrofitme.com) – the data-driven weight [...]
Kontiki, a provider of cloud based enterprise video technology, has raised $5.1 million in Series C financing. Existing investors MK Capital, New World Ventures, Cross Creek Capital and Hatteras Funds all contributed to the round, which will be used for growth. PRESS RELEASE Kontiki, the leading provider of cloud based enterprise video solutions and superior [...]
BeachMint has raised $35 million in a round led by Accel Partners and joined by Goldman Sachs, New World Ventures, Millennium Technology Value Partners and others. Accel’s Greg Waldorf will join BeachMint’s board. PRESS RELEASE BeachMint announced today that it has raised $35 million in financing from leading venture capital firm, Accel Partners, Goldman Sachs, [...]
BodyShopBids, a Chicago-based online and mobile platform that customers can use to solicit custom auto repair estimates, today announced that it has secured $1M in series A financing led by OCA Ventures. New World Ventures and Lightbank also participated in the round. Jim Dugan, managing partner of OCA Ventures, and Jeff Maters, vice president of [...]
Eved, a Chicago-based company developing an online marketplace for the meeting and event industry, has raised $9.5 million in Series B financing. New World Ventures and MK Capital led the round, which will be used to expand its online platform. Existing shareholder Merrick Ventures also participated in the round.
Power2Switch said it raised $1.3 million in a round led by OCA Ventures. Hyde Park Angels, New World Ventures, I2A and several private investors participated in the investment. Power2Switch of Chicago will use the financing to hire additional employees, accelerate sales and marketing, and expand the business into other deregulated states. PRESS RELEASE POWER2SWITCH RAISES [...]
Chicago-based startup Power2Switch has raised $1.3 million in capital. Power2Switch will use the financing to hire additional employees, accelerate sales and marketing, and expand the business. The investment round was led by OCA Ventures. Hyde Park Angels, New World Ventures and I2A, along with private investors, also participated in the investment. In addition to Power2Switch [...]