Infinio Inks $10m from Highland Capital and Bessemer Venture Partners

Infinio (formerly known as SilverLining Systems) has closed a $10 million Series A investment from Highland Capital Partners and Bessemer Venture Partners, bringing total funding to date to $12 million. The firms join earlier investors Lightspeed Venture Partners, Cambridge’s Founder Collective, the NYC Seed Fund, and a group of angel investors. As part of the financing, Highland’s Sean Dalton and Bessemer’s Felda Hardymon have joined the company’s board of directors.

Blue Box Brings Series A Total To MoreThan $4.3M

Blue Box said it added to its Series A funding, bringing the round to a total of more than $4.3 million. The company in October announced a first closing on $3.5 million in a deal led by Voyager Capital. Founder Collective led the secondary closing.

Kawola Joins Harvest Automation as CEO

Harvest Automation, a company developing practical robots for the agriculture industry, has appointed John Kawola as CEO. Current CEO Charles Grinnell will assume the role of COO. Backed by Entrée Capital, Founder Collective, Life Sciences Partners, Cultivian Ventures, and Massachusetts Technology Development Corporation, Harvest Automation is headquartered outside of Boston, Mass.

Bill Trenchard Joins First Round Capital as Partner in San Francisco

 Bill Trenchard has joined the early-stage venture capital firm First Round Capital as a partner. Trenchard, who informally joined First Round in June, was previously investing on behalf of the early-stage, entrepreneur-led venture capital fund Founder Collective. Before becoming an investor, Trenchard was a founder at CallCast (which was later merged to form LiveOps) and Jump Networks (acquired by Microsoft).

Ancestry.com Purchases 1000memories

Online family history resource Ancestry.com has acquired San Francisco-based startup 1000memories. Founded in 2010, 1000memories makes it easy to digitize and share photos and stories from the past. The business was funded by angel and institutional investors, including Greylock Partners, Y Combinator, SV Angel, Founder Collective, and Lowercase Capital.

TestFlight Live is Born Via Start-Up Merger

Burstly has acquired TestFlight and the start-ups are joining forces to launch TestFlight Live. TestFlight Live is a real-time dashboard that highlights actions and revenue for iOS apps. Burstly’s backers include SoftBank Capital, Founder Collective, Rincon Venture Partners and GRP Partners. PRESS RELEASE We are excited to announce that Burstly has acquired TestFlight, and we […]

Paddle8 Snaps up Funding

David Frankel is leading a group of investors to back New York-based startup Paddle8, the online art market. Founder Collective is joining the round, as is Mousse Partners. Frankel will join Paddle8’s board. PRESS RELEASE: NEW YORK, Feb. 9, 2012 — Founder Collective, one of the most reputed early-stage venture capital funds, with previous successful […]

Ridejoy Raises $1.3M From Freestyle, Lerer, SV Angel, Y Combinator, Others

Ridejoy said it raised $1.3 million in a seed round led by Freestyle Capital and followed by Lerer Ventures, Start Fund, SV Angel, Founder Collective and Y Combinator. Also joining the round in the ride sharing company are individual social technology investors Ben Ling, Owen Van Natta and Joshua Schachter. PRESS RELEASE Social Ridesharing Pioneer […]

BestVendor Closes $3M Series A

BestVendor has closed a $3 million Series A round co-led by RRE Ventures and SoftBank Capital. Additional investors include Lerer Ventures, who invested in the company’s seed round, along with David Tisch, Founder Collective and Old Willow Partners, the company announced Tuesday. New York-based BestVendor is an online resources where users share and recommend work-related applications.

CustomMade Gets $2.1M From Google Ventures, First Round, Others

CustomMade.com said it raised $2.1 million in a Series A round of financing led by First Round Capital and Google Ventures. Also participating were Founder Collective, Launch Capital, NextView Ventures, Andrew McCollum, David Tisch of TechStars and other investors. The company runs a market place connecting shoppers and artisans. PRESS RELEASE CUSTOMMADE RECEIVES FUNDING FROM […]

Codecademy Closes Series A

Codecademy, a site that teaches people how to become computer programmers, has sealed a Series A round from investors including Union Square Ventures, O’Reilly, SV Angel, Yuri Milner, Social+Capital Partnership, Thrive Capital, CrunchFund, Collaborative Fund, Founder Collective, and individual investors including Joshua Schacter, Vivi Nevo, Naval Ravikant and Sam Altman. The company reportedly sealed $2.5 million in the round, which will be used to bolster the development and design team.

AI Exchange Lands $1.5M

AI Exchange has raised $1.5 million in a financing round led by General Catalyst and CommonAngels. Founder Collective and LaunchCapital also contributed to the round. The company is a developer of a web-based technology and investment advisory platform designed to bridge the alternative investment and Investment Advisor markets.

Novophage Lands Series A Round

Early-stage industrial biologics company Novophage completed a $5.7 million Series A round of financing. The round was led by Flybridge Capital Partners and included Chevron Technology Ventures, Founder Collective, The Kraft Group and Boston University. As part of the funding, Founder Collective’s Micah Rosenbloom has joined the company as CEO.

Send the Trend Nets Series A Funding

Battery Ventures led a group of investors that put $3 million in Series A funding into Send the Trend, an e-commerce company. Founder Collective participated in the round as well. Send the Trend has been operating since October 2010.

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Eric Paley: Conviction’s Role in the VC Process

The currency of the startup and venture capital community is conviction. Startups are born out of the conviction to leave a job and start a company that most people think will never get a customer. They are built on the conviction of talent to join a startup, which has little or no traction, purely based […]

Eric Paley: Conviction’s Role in the VC Process

The currency of the startup and venture capital community is conviction. Startups are born out of the conviction to leave a job and start a company that most people think will never get a customer. They are built on the conviction of talent to join a startup, which has little or no traction, purely based […]

Cloud-Based Video Encoder Zencoder Raises $2 Million from SV Angel, Lowercase Capital and Others

Zencoder, a four-year-old startup that transcodes videos for media content owners and that raised an undislosed amount of seed funding last year from Y Combinator and several angel investors, has just raised an additional $2 million in funding, including from Andreessen Horowitz, Ignition Partners, and SV Angel. The company is based in Madison, Wis. PRESS […]

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