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Telstra Ventures leads funding round for MATRIXX

MATRIXX Software has secured an undisclosed amount of funding. Telstra Ventures led the round with participation from previous backers Swisscom Ventures, Innovacom, Greylock Partners, Adams Street Partners and Tugboat Ventures. In addition to the funding, Mark Sherman of Telstra Ventures has been named to the MATRIXX board of directors. Headquartered in Mountain View, Calif., MATRIXX is a provider of real-time policy and charging solutions.

Universum Buys Doostang

Universum Development has acquired career networking platform Doostang, the company announced Tuesday. Doostang, based in Palo Alto, Calif., had raised venture funding from Shasta Ventures and Tugboat Ventures and individual investors. Formed in 2005, the company targets young business professionals and has about 900,000 members, it says. Terms of the deal were not released.

Ifeelgoods Secures $6.5M from Idinvest Partners and Tugboat Ventures

Ifeelgoods, a Menlo Park, Calif.-based startup that helps brands implement incentive programs, including on Facebook, using its Facebook Credits virtual currency, has landed a $6.5 million Series A round led by the European venture firm Idinvest Partners, formerly known as AGF Private Equity. Tugboat Ventures, which led a $1.5 million seed investment in Ifeelgoods last […]

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