Sphere Capital Holding leads $2 mln funding in DreamsCloud

Sphere Capital Holding has led a $2 million Series A funding round in DreamsCloud, which the company will use to further expand its platform, mobile app and hire additional engineers and developers. DreamsCloud was founded in 2010 and gives users a platform to collect, analyze, record and share their dreams through tools like an online dream journal and access to professional dream analysis.

365Scores gets $5.5 mln in funding from investor group

LETA Capital, Cedar Fund, Titanium Investments and other private investors have provided $5.5 million in new investments to 365Scores, a mobile sports application company. 365Sports alerts fans to important moments of their favorite teams and players by sending more than 2 billion notifications to users each month.


Credit Karma raises $75 mln in growth round

Google Capital, Tiger Global Management and Susquehanna Growth Equity have provided a $75 million add-on growth round in Credit Karma, a consumer finance and technology company. Google Capital’s portion of the funding is subject to regulatory approval and is expected to close in the fourth quarter. Credit Karma has raised a total of $193.5 million from Google Capital, Tiger, Susquehanna, Ribbit Capital, Felicis Ventures, QED Investors, Founders Fund and SV Angel.


Huy Vietnam Group gets funding

Huy Vietnam Group has secured a $15 million equity financing from institutional investors and family offices from Malaysia, Korea and Hong Kong. The Series B round of funding will be used to support the company’s network expansion in Ho Chi Minh City and Hanoi.


peHUB First Read

To end your week, First Read has news about anti-Facebook social network Ello, Google’s efforts to increase diversity and why Hong Kong couples are being encouraged to get frisky.


Maveron, Madrona Venture Group lead $14 mln Series A funding in Pro.com

Maveron and Madrona Venture Group have led a $14 million Series A funding in Pro.com, a pricing engine for estimating the cost of a home project. Some previous investors joined the funding round. Pro.com previously raised $3.5 million in seed funding from investors including Andreessen Horowitz, Madrona, Redpoint, Bezos Expeditions, Two Sigma Ventures and Sherpa Ventures. Dan Levitan, co-founder and partner of Maveron, and Scott Jacobson, managing director of Madrona Venture Group, will join Pro.com’s board of directors.


PowWow raises $2.5 mln in Series A funding

PowWow, Inc., an application delivery platform, has raised $2.5 million in Series A funding. Investors include OurCrowd, Vertical Venture Partners, IT-Farm, Julien Nguyen, Prabhu Goel and Kumar Malavalli.


Atlas Ventures, KEC Ventures lead $3 mln funding in Wedding Spot

Atlas Ventures and KEC Ventures have led a $3 million funding round in Wedding Spot, an online marketplace for future brides and grooms to search, price and book wedding venues. Other participants in the funding included Great Oaks Venture Capital, Maiden Lane, Canyon Creek Capital, former chief executive officer of Expedia Erik Blachford, Eric Liaw […]


NexSteppe raises $22 mln in new funding

NexSteppe, a seed company that develops crops that provide raw materials for biofuels, biopower and bio-based products, has raised $22 million in funding. The funding round included new investors Total Energy Ventures and ELFH Holding, a vehicle of the Berninghausen family in Germany. Existing investors Braemar Ventures, CYM Ventures, DuPont Ventures and others also joined in the funding.

TVC Capital leads $9.5 mln Series A funding in Centage Corporation

TVC Capital has led a $9.5 million Series A funding in Centage Corporation, which provides budgeting and forecasting software for small and medium-sized businesses. Other participants in the funding included Northgate Capital. Jeb Spencer of TVC Capital and Jared Stone of Northgate also will join the company’s board of directors.


Accel, Ribbit Capital invest $35 mln in Invoice2go

Accel Partners and Ribbit Capital have invested $35 million in funding in Invoice2go, a mobile app to manage cash flow through invoicing, expense tracking and reporting tools. Along with the funding, Invoice2go is opening an office in Palo Alto, California and has named Greg Waldorf, CEO-in-Residence at Accel, as its new chief executive officer.

First read 24 Sept

peHUB First Read

Catch up on the midweek news including a record year for venture capital in Asia, what funds are doing it for Oregon, Mizuho selling buyout fund stakes and an insight into an American Islamic growth equity transaction.

A security guard walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

peHUB Second Opinion

In Second Opinion, Silver Lake stands to make 5x its money with the Alibaba IPO, Rob Ford has been diagnosed with a rare type of cancer and NFL Commissioner Roger Goodell says the NFL will overhaul how it deals with player behavior.


peHUB First Read

To end your week, First Read has news about the rise of the dark web’s newest black market Evolution, the Home Depot data breach may be the worst of all time and a whole lotta Alibaba news.

Aglaia launches Aglaia Oncology Fund II with $65 mln

Aglaia has launched Aglaia Oncology Fund II with a total of $65 million, with a target of $80 million to $100 million. The fund is being backed by high net worth families as well as several institutional investors, including the European Investment Fund. Aglaia also was selected under the Dutch Venture Initiative, a fund launched by the Netherlands Ministry of Economic Affairs.

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