ff Venture Capital leads Series A round for Socure

Socure has raised $2.5 million in Series A funding. ff Venture Capital led the round with participation from Founder Collective and Two Sigma Ventures. Based in New York City, Socure is a provider of online identity verification solutions that protect businesses against identity fraud.

New York City startup Authorea inks $610K

Authorea has received $610,000 in funding, the company announced on its site. The investors were ff Venture Capital and NY Angels. In conjunction with the funding, John Frankel, CEO of ff Venture Capital and Brian Cohen, chairman of NY Angels, will join Authorea’s board of directors. Based in New York City, Authorea helps scientific researchers write and manage scholarly documents. To read more about the funding, visit here.


ff Venture Capital promotes two to partner

ff Venture Capital has promoted Adam Plotkin and Michael Faber to partners, a spokesperson for the New York City-based venture firm confirmed.  Plotkin originally joined ff Venture Capital as an entrepreneur-in-residence in June 2013 while Faber came to the firm as a senior advisor in May 2014.

Distil Networks pulls in $10 mln Series A

Distil Networks said Wednesday that it has closed $10 million in Series A funding. Foundry Group and Techstars’ Bullet Time Ventures led the round with participation from ff Venture Capital, IDEA Fund Partners and Militello Capital. In conjunction with the funding, Ryan McIntyre of Foundry Group and Bullet Time Ventures’ David Cohen have been named to Distil Networks’ board of directors. Based in Arlington, Virginia, Distil Networks is a provider of bot detection and mitigation solutions.


Elicit raises total Series A round to $2.025 mln

Elicit said Friday that it has secured a total of $2.025 million in Series A funding and added Chicago Ventures as an investor. According to the firm, the capital infusion will be used to expand Elicit’s marketing and sales efforts. Based in Chicago, Elicit is a provider of tech solutions that help marketers improve on-site search conversion. Its backers include Greycroft Partners, First Round Capital, ff Venture Capital and Lazerow Ventures.


Lithium Technologies acquires VC-backed Klout

Lithium Technologies has acquired Klout. No financial terms were disclosed. Based in San Francisco, Klout measures social web influence. Its backers include KPCB, Venrock, IVP, ff Venture Capital, Greycroft Partners, Lucid Ventures, Draper Nexus Ventures, Mayfield Fund and Zelkova Ventures.

Klout reportedly acquired by Lithium for $100 mln

San Francisco-based Klout has reportedly been acquired for $100 million by Lithium Technologies. The companies have not yet announced a deal, but online publications, including re/code reported last week that the deal is closed. Klout, which measures the influence of users on social media, has raised at least $40 million in known financing since it was founded in 2008.

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