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.


Dining app Reserve books $15 mln

Dining app Reserve has raised $15 million in Series A funding, the company announced in a blog post on its site. Human Ventures Capital led the round with participation from other investors that included First Round, Lowercase Capital, Advancit Capital, Sherpa Ventures, SV Angel, Venture51, Visionnaire Ventures, Jared Leto, Jon Favreau and Will.i.am. To read more about the funding, visit here.


VHX reels in $5 mln in Comcast Ventures-led round

According to a blog post on its site, VHX has raised $5 million in Series B funding. Comcast Ventures led the round with participation from backers that included Union Square Ventures, Keith Calder, Lerer-Hippeau Ventures, Lowercase Capital and Alexis Ohanian. In addition to the funding, the company has added Comcast Ventures’ Sam Landman to its board. VHX is an online digital distribution platform that helps artists sell video content and connect with their fans. To read the announcement, visit here.



Parenthoods picks up more than $1.3 mln

San Francisco-based local parenting community Parenthoods has received more than $1.3 million in funding, a company spokesperson confirmed. Slow Ventures led the round led by with participation from other investors that included Lowercase Capital, Liberty City Ventures and 500 Startups.


Job-matching platform Jobr rakes in $2 mln

According to a blog post on its site, Jobr, a job-matching platform, has raised $2 million in seed funding. The investors included Lerer Ventures, Redpoint Ventures, Eniac Ventures, Lowercase Capital, The Hive, Tekton Ventures, Structure Capital, Tim Draper and Fabrice Grinda. Also, the firm has named Ellen Levy, who is also investing in Jobr, as an advisor. To read further details about the funding, visit here.


Hinge app picks up $4.5 mln

Hinge, a NYC-based app that helps users meet new people through friends, has received $4.5 million in funding. The investors included Founders Fund, Lowercase Capital, CAA Ventures, Lumia Capital, Middleland Capital and Great Oaks.


Real-time analytics startup Chartbeat garners $3.1 mln

According to a blog post on its site by CEO Tony Haile, Chartbeat has raised $3.1 million in funding. Previous backers Draper Fisher Jurvetson and Index Ventures led the round with participation from Lerer Hippeau Ventures, Freestyle Capital, LAUNCH Fund, SoftTech VC and Lowercase Capital. Based in New York City, Chartbeat is a provider of real-time analytics. To read more about the funding, visit here.


Upfront Ventures leads Series A round for MakeSpace

New York-based storage startup MakeSpace has closed $8 million in Series A funding. Upfront Ventures led the round with participation from Founders Fund, OATV, Lowercase Capital, High Peaks Venture Partners and Collaborative Fund.

428 Views 2 Comments

Venture’s social media superstars: VCJ

Which venture capitalists have the most followers on Twitter, the highest Klout scores, more tweets than anyone else? Refinements in both the sites and how we use social media are increasingly turning it into a targeted marketing tool for communicating with entrepreneurs, building relationships, creating personal brands and improving portfolio company visibility.

Finland-based Next Games snares $6 mln

Next Games has received $6 million in Series A funding. IDG Ventures and Jari Ovaskainen led the round with participation from Lowercase Capital, AMC Networks Ventures and York Ventures. Based in Finland, Next Games is a games developer.

Getable Closes Second Funding Round

Getable has closed a second financing, totaling $1.8 million. This brings total funding for the company to $3.2 million. Investors include Andreessen Horowitz, Founder Collective, Promus Ventures and Chris Sacca of Lowercase Capital.

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.

Locu Raises $4 Mln Round led by General Catalyst Partners

General Catalyst Partners has led a $4 million series A round for Locu. Chris Sacca’s Lowercase Capital, Lightbank and SV Angel participated, while Naval Ravikant and Babak Nivi of AngelPool, Quotidian Ventures, and Matt Ocko of Data Collective also took part in the round. With offices in Cambridge, Mass. and San Francisco, Locu is building […]

Menlo Ventures Leads Uber Series B–CORRECTED

An earlier version of this statement contained inaccurate information that was provided to peHUB. According to the VC’s site, “Menlo Ventures leads a $32m Series B investment in Uber, an on-demand car services company that is revolutionizing personal transportation.” An earlier version of this story mis-stated the round and value of the investment.

Turntable.fm Bags New Round

Music Site Turntable.Fm has raised $7.5 million and is adding Union Square Ventures’ Fred Wilson to its board. Union Square Ventures led the round in Turntable, which was widely rumored earlier. Other investors include First Round Capital, Polaris, Lowercase Capital, Benchmark, and angels including Troy Carter, Tim Kendall, Guy Oseary and Vivi Nevo.

Backupify Secures $5M Series B

Cambridge, Mass.-based Backupify has closed on $5 million in a Series B round led by Avalon Ventures. The company provides data protection and management services for cloud-based applications. General Catalyst and Lowercase Capital also contributed to the round, bringing the company’s total financing to date to $10.4 million.

PE HUB Community

Join the 12519 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget