San Diego startup Measurabl bags $2 mln

Measurabl said Monday that it has received $2 million in Series Seed financing. Crosscut Ventures led the round. In addition to the funding, Crosscut Managing Director Rick Smith will join Measurabl’s board of directors. Based in San Diego, Measurabl is a provider of sustainability reporting solutions.

VC-backed SHIFT hires MD for UK and Europe

SHIFT has named Kate Burns as managing director of its UK and European operations. Burns is the former CEO of AOL Europe. Headquartered in Los Angeles, SHIFT is a provider of marketing solutions for social advertisers. It is backed by Lerer Ventures, Thrive Capital, Founder Collective, Rincon Venture Partners, Baroda Ventures, Crosscut Venture Partners and DN Capital.

On The Run Tech is Formed

Postcard on the Run has formed On The Run Tech, its parent company that specializes in building mobile apps that let users create customized physical products right from their mobile device. On The Run Tech recently closed a seed round of $1.3 million bringing the total amount of funding to date to $2 million. Selena Gomez, an investor and creative advisor to the company, participated in the new round along with Crosslink Capital, Crosscut Ventures, Siemer Ventures, Miramar Venture Partners, Newport Coast Investments and Double M Capital among other investors.

Connecticut Innovations, DFJ Frontier Lead Zadspace Deal

Connecticut Innovations and DFJ Frontier co-led a $3.2 million financing round for Zadspace Inc. The company’s software-as-a-service-based platform is designed to help retailers deliver highly targeted advertisements on packages shipped to consumers. New investors Cava Capital, LaunchCapital, and individual investor David Zucker joined the round along with existing shareholders Crosscut Ventures and The Gideon Hixon Fund.

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