134 Views

Formation 8 Hardware Fund leads $7 mln funding in Augury

Formation 8 Hardware Fund led a $7 million Series A funding round in Augury, a predictive machine diagnostics company. Other investors in the funding include Pritzker Group Venture Capital, as well as existing investors First Round Capital and Lerer Hippeau Ventures.

VC-backed GumGum hires SVP of sales

Santa Monica, California-based digital marketing platform GumGum has named John Weisgerber as senior vice president of sales. Previously, Weisgerber worked at Hearst Corp where he served as executive director of digital advertising in its fashion and luxury collection. GumGum’s backers include Morgan Stanley Expansion Capital, New Enterprise Associates, Upfront Ventures, First Round Capital and Crosscut Ventures.

209 Views

August Capital leads funding round for Massdrop

San Francisco-based Massdrop, a provider of online communities for enthusiasts and hobbyists, has raised a $40 million Series B round of funding. August Capital led the round, which included returning investors First Round Capital, Mayfield Fund and Cowboy Ventures. The company previously raised about $8 million in Series A and seed-stage funding. As part of the Series B, David Hornik, general partner of August Capital, has joined the company board.

189 Views

Lending platform Upstart grabs $35 mln

Upstart has secured $35 million in Series C funding, according to a blog post by CEO Dave Girouard. Third Point Ventures led the round with participation from other investors that included Khosla Ventures, First Round Capital and Collaborative Fund. Based in Palo Alto, California, Upstart is a lending platform that aims to finance people based on signs of their potential including employment history and academic performance.

 

Canadian advocate marketing company Influitive snags $30.5 mln

Toronto-based advocate marketing company Influitive has raised $30.5 million in Series B funding. Georgian Partners led the round with participation from other investors that included OurCrowd, Atlas Venture, Docomo Capital, BDC Capital IT Venture Fund, Hummer Winblad Venture Partners, Illuminate Ventures, Resolute Ventures, Relay Ventures and First Round Capital. In conjunction with the funding, Simon Chong of Georgian Partners has been added to Influitive’s board of directors.

161 Views

Kentik scores $12.1 mln

San Francisco-based Kentik (formerly CloudHelix), a network visibility and analytics solutions provider that has launched from stealth, has raised $12.1 million in Series A funding. August Capital led the round with participation from return backers First Round Capital and Data Collective.

127 Views

Jelli scoops up $21 mln in funding

Jelli, a San Mateo, Calif.-based provider of an ad platform for the radio industry, announced it has raised a $21 million Series B round of funding from Relay Ventures, Intel Capital, First Round Capital, iHeartMedia and Universal Music Group.

189 Views

LiveIntent scores $32.5 mln

New York e-mail marketing company LiveIntent has secured $32.5 million in funding. FTV Capital led the round with participation from other investors that included Battery Ventures, First Round Capital and Shasta Ventures. In addition to the funding, Liron Gitig, a partner at FTV, has been added to LiveIntent’s board of directors.

267 Views

Path sells to Daum Kakao

San Francisco-based Path Inc, which was rumored to be an acquisition target of Apple last fall, has been scooped up by the South Korean Internet corporation Daum Kakao. Path founder CEO Dave Morin, a former Apple employee, blogged about the sale late Thursday.

177 Views

GumGum rakes in $26 mln Series C

Advertising platform GumGum has raised $26 million in Series C funding. Morgan Stanley Expansion Capital led the round with participation from other investors that included New Enterprise Associates, Upfront Ventures and First Round Capital.

144 Views

Mobcrush nets $4.9 mln seed

Santa Monica, California-based Mobcrush, a mobile games’ live streaming platform, has secured $4.9 million in seed funding. The investors included Raine Ventures, First Round Capital, Lowercase Capital, CrunchFund, Rincon Venture Partners, Crosscut Ventures, Lionsgate, Advancit Capital, CAA Ventures, BAM Ventures and MTGx Ventures.

165 Views

Vouch grabs $6 mln Series A

San Francisco-based Vouch, a social network for credit, has raised $6 million in Series A funding. The investors were Core Innovation Capital, Data Collective, Stanford StartX Fund, Cooley LLP, First Round Capital, Greylock, IDG Ventures and AngelList.

198 Views

Lightspeed leads funding for marketing software developer Percolate

New  York-based Percolate, which provides a marketing software platform, announced it has raised a $40 million Series C round of funding led by Lightspeed Venture Partners. Existing investors Sequoia Capital, GGV Capital, First Round Capital and Lerer Hippeau Ventures also participated in the round. The company, founded in 2011, has now raised $74.5 million in total venture funding.

127 Views

Scale Venture, Next World lead $15 mln funding in Aviso

Scale Venture Partners and Next World Capital have led a $15 million Series B funding in Aviso, which makes software for sales management, operations and forecasting. Other participants in the funding include Shasta Ventures, First Round Capital, Bloomberg Beta and Cowboy Ventures, as well as existing angel investors. Stacey Bishop from Scale Venture Partners and Craig Hanson from Next World will join Aviso’s board. The funding brings Aviso’s total capital raised to $23 million.

132 Views

Engagio seals $10 mln Series A in FirstMark-led round

San Mateo, California-based Engagio, a provider of account based marketing solutions, has secured $10 million in Series A funding, according to a blog post on its site. FirstMark Capital led the round with participation from Storm Ventures and First Round Capital. Also, Amish Jani, founder and managing director of FirstMark, has been added to Engagio’s board of directors. To read the announcement, visit here.

 

135 Views

Online furniture marketplace Move Loot nets $9 mln

Metamorphic Ventures has led a $9 million funding round for Move Loot, an online furniture marketplace. Other investors included First Round Capital, Index Ventures, Great Oaks, IDG, Sherpa Ventures, Y Combinator and Google Ventures.

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