MessageMe said it raised $10 million in a deal led by Greylock Partners. The round was joined by previous investors, the company said in a blog post. The company received a seed investment in March from True Ventures, First Round Capital, Google Ventures, SV Angel, Resolut.vc, Andreessen Horowitz, Greylock and The Social+Capital Partnership. The company had previously received angel money.
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Crocodoc, an angel-backed startup that offers document-viewing software to enterprises, announced Thursday that it has been purchased for an undisclosed amount by Box Inc., a venture-backed cloud storage company. An alumnus of incubator Y Combinator, Crocodoc has raised about $1 million in angel funding, according to Reuters.
CircleCI has secured $1.5 million in seed funding from investors in the cloud and agile development space. Backers include Heroku founder James Lindenbaum, SV Angel, 500 Startups, Hiten Shah from Kissmetrics, Jason Seats, founder of Slicehost, and Eric Ries.
Big data means big business for venture investors. Venture capital going to startups with big-data-related business plans came close to $1.4 billion last year and accounted for more than 5% of all venture dollars placed with young companies.
SV Angel acknowledged two weeks ago that it raised a $30 million fund called SV Angel III-Growth P. It turns out the new fund is a special purpose vehicle for investing in secondary shares of Pinterest,
Tech company MetroMile has launched and unveiled a first-of-its-kind car insurance product that charges drivers a per-mile rate for the miles they drive each month. The company has raised over $4 million in funding from NEA, Index Ventures, First Round Capital and SV Angel.
Poshmark said it raised $12 million in a Series B financing led by Menlo Ventures and joined by existing investors Mayfield Fund, Inventus Capital, SoftTechVC, and SV Angel. The new round brings the company’s funding to $15.5 million. Poshmark will use the capital to support its online community, expand to new platforms and make new hires.
Spindle Labs Inc., a developer of search technology, has raised $2.3 million in venture funding, and recently released the company’s app in iTunes. The company is backed by Polaris Ventures, Greylock Partners, Lerer Ventures, SV Angel, Atlas Ventures, Broad Beach Ventures, Project 11, Ray Ozzie and Raman Narayanan. Spindle Labs is based in Boston.
FundersClub, a marketplace for private investing, has closed a significant round of seed funding. Investors in the round included First Round Capital, Y Combinator, Draper Associates, Felicis Ventures, Spark Capital, Digital Garage, Intel Capital, Y Combinator-affiliated funds (Andreessen Horowitz, Start Fund, SV Angel, and General Catalyst Partners), Investmon Sarl, NetPrice, Global Venture Alliance and Plug and Play Tech Center.
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.