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CoverHound raises $14 mln

CoverHound said Monday it raised $14 million in Series B financing with participation from existing investors RRE Ventures, Blumberg Capital and Bullpen Capital. New investors Core Innovation Capital, Thomas Lehrman, Tugboat Ventures, Route 66 Ventures and American Family Ventures, the venture capital arm of American Family Insurance also took part. San Francisco-based CoverHound helps consumers find, compare and purchase insurance policies on one site. The company has raised over $20 million in VC funding.

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DriverUp grabs $50 mln Series A

Car financing marketplace DriverUp has raised $50 million in Series A funding for its launch. Emerald Development Managers and RRE Ventures led the round.

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Moda Operandi attracts $60 mln Series E

Online luxury retailer Moda Operandi has secured $60 million in Series E funding. Fidelity Investments led the round with participation from investors that included New Enterprise Associates, Advanced Publications Inc, the parent company of Conde Nast, New Atlantic Ventures, LVMH and RRE Ventures.

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Family robot maker Jibo raises $25.3 mln Series A

Jibo, which develops a connected, consumer robot for the home, announced it has raised $25.3 million in Series A funding. RRE Ventures led the round, with participation from CRV, Flybridge Capital Partners, Fairhaven Capital Partners, Two Sigma, Formation 8, Samsung Ventures, Osage Venture Partners and individual investors. The Cambridge, Mass.-based company had previously raised an undisclosed amount of seed funding, led by CRV. Jibo held a crowdfunding campaign on Indiegogo from mid-July to mid-September last year in which it pre-sold 4,800 units and raised $2.8 million. The product acts like a smart assistant, reminding users of tasks and interacting with the household. 

Accion Systems nabs $2 mln seed

Accion Systems has raised $2 million in seed funding. FF Science led the round with participation from other investors that included RRE Ventures, SDF Ventures, Founder Collective, Galvanize Ventures and Slow Ventures. Based in Cambridge, Mass., Accion Systems is a developer of advanced propulsion systems.

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VC-backed small biz lender OnDeck debuts IPO

New York City-based small business lender OnDeck has raised $200 million for its IPO after pricing its 10 million shares at $20 per share. The stock began trading Wednesday on the NYSE under the ticker symbol “ONDK.”

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Kik Interactive picks up $38.3 mln Series C, also acquires Relay

Kik Interactive has closed $38.3 million in Series C funding. Valiant Capital Partners led the round with participation from Millennium Technology Value Partners, SV Angel, Foundation Capital, RRE Ventures, Spark Capital and Union Square Ventures. Also, Kik has bought GIF messenger Relay. No financial terms were disclosed. Headquartered in Waterloo, Ontario, Kik is a maker of chat network Kik.

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Managed by Q nabs $1.65 mln seed

Managed by Q has secured $1.65 million in seed funding. The investors included Homebrew Ventures, RRE Ventures and Semil Shah of Haywire VC. Managed by Q is a smart office cleaning, maintenance and management platform.

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Breather app scores $6 mln Series A

Breather has raised $6 million in Series A round. RRE Ventures led the round with participation from other investors that included Vayner/RSE, Real Ventures and SOS Ventures. Based in Montreal, New York City and San Francisco, Breather is an app that lets users rent private rooms.

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BVP and Thrive Capital leads Series A round for Hightower

Hightower said Thursday that it has closed $6.5 million in Series A funding. Bessemer Venture Partners and Thrive Capital led the round with participation from previous backers that included RRE Ventures and Red Swan Ventures. Based in New York City, Hightower is an online platform for the commercial leasing sector.

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RRE Ventures leads $25 mln Series A round in Spire

RRE Ventures has led a $25 million Series A funding round in Spire, a satellite-powered data company. Other investors participating in the funding round included existing and new investors Moose Capital, Quihoo and Mitsui & Co. Global Investment. Spire has raised a total of $29 million to date. It was originally incubated in Lemnos Labs. Spire is changing its name from Nanosatisfi.

Newegg forms partnership with VC-backed BitPay to accept bitcoins

Electronics retailer Newegg has formed a partnership with BitPay to accept bitcoin payments on Newegg.com. In May, BitPay announced it had secured $30 million in Series A funding from Index Ventures, Horizon Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Sir Richard Branson and AME Cloud Ventures. BitPay’s total capital raised at the time was $32.7 million.

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RRE leads funding of VigLink

VigLink, a data analytics company that provides online link sharing services, has raised $18 million in a Series C round that was led by RRE Ventures. Also taking part in the funding is existing investors Google Ventures, Emergence Capital, First Round Capital as well as Correlation Ventures and Silicon Valley Bank. The San Francisco-based company has now raised $26 million in total funding. As part of the Series C round, Eric Wiesen, a general partner of RRE, has joined the board.

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SJF Ventures leads Series B round for Yieldbot

Yieldbot said Friday that it has closed $18 million in Series B funding. SJF Ventures led the round with participation from RRE Ventures, New Atlantic Ventures, Common Angels and City National Bank. Based in New York City and Boston, Yieldbot is a provider of real-time consumer intent to digital marketers.

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