Minno is Minno no more. The online payments company raised $700,000 in the form of a seed round from investors including GRP Partners and Farhad Mohit, the Shopzilla founder, and is rebranding itself as well. According to its blog posting, Minno will rebrand as BuySimple. Specifics on the funding or personnel moves were not made public.Continue
Marketing company RingRevenue has rased $4 million in venture capital financing, bringing its total financing to $7.5 million. Los Angeles-based GRP Partners and Santa Barbara, Calif.-based Rincon Venture Partners led the latest round, which will be used to bolster its customer development and support teams. Santa Barbara, Calif.-based RingRevenue develops call performance marketing technology, as well as tracking and analytics technology for advertising campaigns.Continue
Wave Crest Holdings Ltd., a Gibraltar-based provider of epayment solutions, has raised $8.5 million in Series B funding. GRP Partners led the round, and was joined by Park Ventures.Continue
Mark Suster is a venture capitalist, serial entrepreneur and owner of one of the best office views in Los Angeles. He also has become a blogging phenomenon, joining the pantheon of VCs whose every word is devoured by startup CEOs.
He and I have spoken a few times informally, but it was about time to put something on the record. So what follows are 5 Questions for Mark Suster:
I’d love to set the record straight on this. We did a lot of that retail and consumer stuff in the 1980s and early 1990s, but our first independent fund was in 1996. Since then, We’ve backed Overture, CitiSearch, LastMinute.com, DealerTrack, Bill Me Later and more. We invested in HealthDataInsights, which is just ripping it up. We also did Qualys, a software-as-a-service company that’s got double-digit millions in revenue run rate.Continue
RingRevenue Inc., a Santa Barbara, Calif.-based provider of a pay-per-call platform for the affiliate network market, has raised $3.5 million in Series A funding. GRP Partners led the round, and was joined by Rincon Venture Partners and Great Pacific Capital.Continue