Redpoint Ventures leads $3.5 mln round for Riffsy

Riffsy has closed $3.5 million in seed funding. Redpoint Ventures led the round. According to the company, the capital will be used for product development. Riffsy is a provider of an app that lets people find, create and share animated GIFs.


Parking valet app Luxe drives away with $5.5 mln

San Francisco-based parking valet app Luxe has received $5.5 million in seed funding, the company announced in a blog post on its site. The investors were Redpoint Ventures, Google Ventures, Sherpa Ventures, Lightspeed Venture Partners, Upfront Ventures, Foundation Capital, BoxGroup, Slow Ventures, Data Collective, Eniac Ventures and Rothenberg Ventures. To read more about the funding, visit here.


Snowflake Computing grabs $26 mln

Snowflake Computing, a Silicon Valley-based cloud data warehousing firm, has secured $26 million in funding. The investors were Redpoint Ventures, Sutter Hill Ventures and Wing Ventures. In addition to the funding, John Walecka, founding partner of Redpoint Ventures, has been added to Snowflake’s board of directors.


Beepi raises $60 mln in Series B funding

Beepi, a peer-to-peer marketplace to buy and sell cars online, has raised $60 million in Series B funding. Foundation Capital and SherpaVentures invested in the funding round, joining existing investors Redpoint Ventures, SherpaFoundry chief executive officer Tina Sharkey, OLX founder Fabrice Grinda, IG Expansion co-founder Jose Marin, Homeaway co-founder Brian Sharples, former Loopnet CEO Rich Boyle and Silicon Valley Bank.


VC-backed Moogsoft hires CMO

Moogsoft has named Rob Markovich as chief marketing officer. Previously, Markovich worked at VSS Monitoring where he served as a senior vice president. Based in San Francisco, Moogsoft provides collaborative situation management for web-scale IT operations. Its backers include Wing Venture Capital and Redpoint Ventures.


Lastline picks up $10 mln

Lastline has secured $10 million in funding. The investors were Dell Ventures, Presidio Ventures, Redpoint Ventures and e.ventures. Headquartered in Redwood City, Calif., Lastline is a malware defense platform provider.


Electric Imp scores $15 mln Series B

Electric Imp said Wednesday that it has secured $15 million in Series B funding. The investors were Foxconn Technology Group, PTI Ventures, Rampart Capital, Redpoint Ventures and Hugo Fiennes, CEO and co-founder of Electric Imp. Based in Los Altos, Calif. and Cambridge, England, Electric Imp is a platform that connects devices to the internet.


Axial racks up $11 mln Series B

Axial said Tuesday that it has secured $11 million in Series B funding. Comcast Ventures led the round with participation from previous backers Redpoint Ventures and First Round. Headquartered in New York City, Axial is a professional network comprised of members who run, advise and fund private firms.


Redpoint backs cloud company Platform9

Platform9, founded by a group of virtualization experts who previously were with VMware, announced that it has raised $4.5 million in Series A funding from Redpoint Ventures. The Sunnyvale, California-based company, which provides datacenter management technology, also came out of stealth mode today. As part of the funding, Redpoint Ventures Partner Satish Dharmaraj has joined the board.

Wing Venture leads Series B funding of Moogsoft

Moogsoft, which provides service assurance software to help companies detect anomalies in online traffic, announced it has raised $11.3 million in Series B funding. Wing Venture Capital, a new investor, led the round, which also included returning investor Redpoint Ventures. The San Francisco-based company has now raised about $18 million in total funding. As part of the latest round, Peter Wagner, founding partner of Wing Venture Capital, has joined the board.


Intent Media nets $22.7 mln Series C

Intent Media said Monday that it has raised $22.7 million in Series C financing. Insight Venture Partners led the round with participation from previous backers Matrix Partners and Redpoint Ventures. In conjunction with the funding, Bradley Twohig of Insight Venture Partners has been added to Intent Media’s board. Based in New York, Intent Media is a provider of intelligent advertising solutions for travel firms.


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.


Salesforce.com to buy VC-backed RelateIQ

According to an announcement on its site, RelateIQ will be acquired by Salesforce.com. No financial terms were disclosed. Headquartered in Palo Alto, Calif., RelateIQ is a provider of solutions that improve business relationships. Its backers include Redpoint Ventures, Kleiner Perkins Caufield & Byers, Accel Partners and Formation 8. To read the post, visit here.

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