Quirky Raises $68 Million Series C Led by Andreessen Horowitz

The New York-based Quirky, a three-year-old product development company that relies on the wisdom of crowds, has raised $68 million in Series C funding led by Andreessen Horowitz, with “significant participation” from new investor Kleiner Perkins Caufield & Byers. Previous investors Norwest Venture Partners and RRE Ventures also participated in the round, which has brought […]

On Deck Founder Named Co-Chair of One in Three

Technology platform On Deck has announced that its founder and former chief executive officer Mitch Jacobs has been named co-chairman of the One in Three Leadership Council, a non-profit initiative of the Association for Enterprise Opportunity. The council’s goal is to create new jobs by reaching 1 million microbusinesses throughout the US. On Deck is […]

Copiun Secures $5m Led by Novak

Copiun, a provider of secure mobile collaboration solutions has closed the final tranche of its $5 million Series A funding led Novak Biddle Venture Partners. Additional investors include RRE Ventures and local angel investors. Headquartered in Marlborough, Mass, Copiun was founded in late 2008. PRESS RELEASE Copiun Inc., provider of the first and only secure […]

Ember Renews Venture Debt Financing

Boston-based Ember, a provider of low-power wireless mesh networking technology has renewed its 2009 US$5 million venture debt financing. Wellington Financial arranged the financing for the original transaction which provided the company with additional working capital to accommodate its growth strategy. Venture capital backers include Polaris Ventures, GrandBanks Capital, RRE Ventures, Vulcan Capital, DFJ ePlanet […]

Flash-Based Storage Startup WhipTail Lands Series B

WhipTail, a Whippany, N.J.-based flash based storage company, has raised a Series B round of funding led by RRE Ventures. Ignition Partners and Spring Mountain Capital also participated in the round, the amount of which was not disclosed. PRESS RELEASE: Today WhipTail, maker of the world’s first and most widely deployed all-flash enterprise class storage […]

GetGlue Raises $12M From Rho, Union Square, Others

GetGlue said in a blog post it closed a $12 million round of financing led by Rho Ventures and joined by existing investors TimeWarner Investments, RRE Ventures, and Union Square Ventures. The social TV company also said it reached the 2 million user milestone and saw more than 100 million check-ins in 2011. BLOG POST […]

BuzzFeed Inks $15.5M

BuzzFeed has sealed $15.5 million from investors including New Enterprise Associates, Lerer Ventures, Hearst Media, Softbank and RRE Ventures. NEA and Lerer led the round. As a result of the round, Patrick Kerins, a general partner at NEA will join BuzzFeed’s board. Kenneth Lerer, manager of Lerer Ventures and co-founder of The Huffington Post, will expand his role, becoming executive chairman.

BestVendor Closes $3M Series A

BestVendor has closed a $3 million Series A round co-led by RRE Ventures and SoftBank Capital. Additional investors include Lerer Ventures, who invested in the company’s seed round, along with David Tisch, Founder Collective and Old Willow Partners, the company announced Tuesday. New York-based BestVendor is an online resources where users share and recommend work-related applications.

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