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Spark Capital leads Series A round for Storefront

Storefront said Monday that it has closed $7.3 million in Series A funding. Spark Capital led the round with participation from investors that included Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel and Vikram Pandit. In addition to the funding, Mo Koyfman has been added to Storefront’s board. Storefront is an online marketplace that helps designers and artists find retail space to sell their products.

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Distributions from Union Square and Spark spiked last year: VCJ

Distributions from Union Square Ventures’ debut 2004 fund and Spark Capital’s initial 2005 fund spiked last year, perhaps not surprisingly, according to a recent Washington State Investment Board portfolio report, affiliate magazine Venture Capital Journal says.

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Online home decor retailer Wayfair grabs $157 mln

Wayfair said Friday that it has closed $157 million in Series B financing. T. Rowe Price Associates led the round with participation from TripAdvisor CFO Julie M.B. Bradley. Headquartered in Boston, Wayfair is an online retailer of home furnishings and decor. Its backers include Battery Ventures, Spark Capital, HarbourVest Partners and Great Hill Partners.

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Heyday app launches, reveals $2 mln in seed funding

Heyday, which makes a photo journal app for the iOS platform, officially launched today. The San Francisco-based company, which was founded last year, told peHUB that it raised $2 million in seed funding, all of which was raised in July 2012. Investors include Google Ventures, Spark Capital, TriplePoint Capital, CrunchFund, SV Angel and individual investors Shervin Pishevar, Keith Rabois, Garry Tan, Matt Ocko, Robin Chan, Kevin Chou, David Spector, Amitt Mahajan, Joel Poloney, Ben Narasin, Eric Ries, Saad Khan, Charles Moldow and Roy Sehgal.

Floral marketplace provider BloomNation raises $1.65 mln

Los Angeles-based BloomNation raised $1.65 million in funding from Andreessen Horowitz, Spark Capital, Chicago Ventures, CrunchFund and MuckerLab. BloomNation, which operates an online marketplace for florists nationwide, is a graduate of MuckerLab, a Los Angeles-based accelerator.

Qriously Raises $3.5M From Spark, Accel

Qriously said it raised $3.5 million in a Series A round led by Spark Capital and joined by Accel Partners. The company’s new product, asQvertising lets consumers self-select mobile advertisements by answering basic questions on their smartphones.

Reuters – Spark Capital Raises $450m Fund

Spark Capital raised $450 million for its fourth fund, making it the largest round for the Boston-based firm, writes Reuters. Spark, which has invested in consumer Internet companies like Twitter, Tumblr and Foursquare, will tap this fund to expand into other sectors like financial services, healthcare and education.

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peHUB First Read

This morning read all about Spark Capital’s fourth fund, what is happening in global energy markets, Japan’s deal upswing and China’s VC investment slump.

Storenvy Raises $5m

Storenvy has secured a $5 million Series A funding to fuel the growth of its social commerce platform. The round was led by Intel Capital and Spark Capital with participation by First Round Capital.

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peHUB First Read

This morning First Read brings you the latest on private equity manager bonuses, Spark Capital’s oversubscribed fund close and whether Facebook could possibly acquire LinkedIn?

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