PersistIQ fetches $1.7 mln seed

Outbound sales platform PersistIQ has secured $1.7 million in seed funding. The investors included Point Nine Capital, Salesforce and Y Combinator.

Point Nine Capital collects 55 mln euros for third fund

Berlin-based early-stage venture firm Point Nine Capital has raised 55 million euros for its third fund, according to a blog post by Christoph Janz, a managing partner at the firm. The limited partners of Point Nine Capital III include Horsley Bridge Partners, Sapphire Ventures, Flossbach von Storch and Vintage Investment Partners. To read the post, visit here.



Accel Partners leads $18.3 mln round for Algolia

San Francisco and Paris-based Algolia, a provider of search solutions for developers, has secured $18.3 million in Series A funding. Accel Partners led the round with participation from other investors that included Alven Capital, Point Nine Capital, Storm Ventures and Lead Edge Capital.


Automile nabs $5 mln Series A

Stockholm-based Automile, a platform that connects cars and their data to the cloud, has raised $5 million in Series A funding. Dawn Capital and Point Nine Capital led the round.

Enterprise social platform Honey pulls in $1 mln

Point Nine Capital has provided $1 million in funding to Honey, the latter company announced in a blog post on its site. According to Honey, the capital will be used to grow its product and support staff. Based in New York City, Honey is an enterprise social platform. To read the post, visit here.


112 Views rakes in $9 mln

San Francisco-based, a cloud-based workforce management platform, has closed $9 million in Series B funding. MHS Capital led the round with participation from Point Nine Capital, Klever Internet Investments, Team Builder Ventures and Boku CEO Mark Britto.

ChartMogul grabs $600K seed

ChartMogul, which provides advanced subscription analytics, has received $600,000 in seed funding, the company announced in a blog post on its site. Point Nine Capital led the round with participation from angel investors Michael Hansen and Tom James. To read the announcement, visit here.



General Catalyst leads $9 mln round for homework startup Brainly

Brainly, a social learning network that allows students to help each other with homework, has received $9 million in Series A funding. General Catalyst Partners led the round with participation from other investors that included Point Nine Capital, Learn Capital and Runa Capital. In addition to the funding, Adam Valkin and Nitesh Banta from General Catalyst Partners have been appointed to Brainly’s board of directors. According to the company, the capital infusion will be used to expand its U.S. business and open an office in New York City.


ShiftPlanning nabs $3.2 mln

ShiftPlanning, a San Francisco-based employee scheduling application, has received $3.2 million in funding. Investors in the round included Point Nine Capital and MHS Capital.

Storm leads expanded seed round for search company Algolia

Algolia, which said it provides a developer-friendly SaaS API for database search, has announced the close of its seed round with an additional $1.2 in funding led by Storm Ventures. Additional investors in the expanded seed round include individual investors from Box, Eventbrite, Google, Microsoft and Stripe. The financing brings the company’s total funding to $2.8 million. Algolia also announced that Chrisoph Janz of Point Nine Capital has joined the Board. Algolia, founded in 2012 in France, initially raised $1.6 million in seed-stage funding from 500 Startups, Alven Capital, Index Ventures and Point Nine Capital.


Clio nets $20 mln Series C funds

Clio has closed $20 million in Series C financing. Bessemer Venture Partners led the round with participation from Acton Capital Partners, Point Nine Capital and Version One Ventures. According to the company, the capital will be used for product development and international expansion. Based in Vancouver, British Columbia, Clio is a cloud-based practice management platform for the legal sector.

Contentful Secures Seed Funds from Balderton and Point Nine Capital

Contentful, a new content management platform for web and mobile applications, has secured seed funding from Balderton Capital and Point Nine Capital. Contentful has also established a global advisory board of content and technology specialists including Alexander Bruehl, former partner at Atlas Capital; Francesco Cesarini, founder & technical director at Erlang Solutions; Daniel Heaf, chief digital officer at BBC Worldwide; Karen McGrane, CEO of Bond Art + Science; Todd Tran, head of advertising EMEA & APAC at Rovio and Michael Wolfe, serial entrepreneur and former EIR at Benchmark.

new dawn

peHUB First Read

This morning First Read brings you news of Tetraphase’s plans for IPO, Point Nine Capital’s fund for start-ups in Europe and beyond and those states where people cannot get a mortgage.

Point Nine Capital Backs App Maker Cibando

Point Nine Capital, an early stage venture firm based in Berlin, has put an undisclosed amount of seed financing into Cibando, an Italian developer of an iPhone app for finding the best restaurants. The deal is Point Nine’s first investment in Italy. Terms of the investment were not released.

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