154 Views

Spark leads Series A for Andela

Spark Capital has led a Series A round of funding for Andela. Financial terms weren’t announced. Additional investors include Omidyar Network, LearnCapital and other leading investors from North America and Africa. Andela, of Lagos, Nigeria, is a selective technology training program in Africa.

103 Views

Sourcepoint scores $10 mln Series A

New York-based Sourcepoint, a content compensation platform for premium publishers, has raised $10 million in Series A funding. Spark Capital and Foundry Group led the round with participation from Greycroft and Accel Partners Europe.

162 Views

Therapy startup Talkspace snaps up $9.5 mln

Online therapy platform Talkspace has secured $9.5 million in Series A funding. Spark Capital and SoftBank led the round with participation from return backers Metamorphic Ventures and TheTime.

128 Views

Cybereason nabs $25 mln

Cambridge, Massachusetts-based cybersecurity company Cybereason has secured $25 million in Series B funding. Spark Capital led the round with participation from CRV and Lockheed Martin. In conjunction with the funding, Santo Politi, founder and general partner at Spark Capital, has been appointed to Cybereason’s board.

122 Views

Interactive Brokers to buy VC-backed Covestor

Interactive Brokers has agreed to acquire online investing marketplace Covestor. No financial terms were disclosed. Covestor’s backers included Union Square Ventures,Spark Capital, Amadeus Capital and Bay Partners.

400 Views

Hello Alfred collects $10.5 mln Series A

Boston and New York City-based subscription errand service Hello Alfred has raised $10.5 million in Series A funding. New Enterprise Associates and Spark Capital led the round with participation from Sherpa Ventures and CrunchFund.

192 Views

Socratic nets $6 mln Series A

New York City-based education company Socratic has secured $6 million in Series A funding. Shasta Ventures led the round with participation from Spark Capital and Omidyar Network. According to the company, the capital infusion will be used for growth.

284 Views

Splash inks $6 mln

Event-planning company Splash has raised $6 million in funding. Spark Capital led the round. Also, Splash has named Melissa Wallace as vice president of marketing.

164 Views

Spark Capital backs on-demand delivery service Postmates

San Francisco-based Postmates, an on-demand delivery service, has raised $16 million in Series B funding. Spark Capital led the round. In conjunction with the funding, Nabeel Hyatt of Spark Capital has been added to Postmates’ board of directors.

417 Views

Union Square Ventures leads $20 mln growth investment in Work Market

Union Square Ventures has led a $20 million growth investment in Work Market, which provides software-as-a-service for companies to help manage and pay freelance and independent contractors from a single platform. Other investors in the funding include Spark Capital, SoftBank Capital, Industry Ventures and Silicon Valley Bank.

Andreessen Horowitz backs Stack Exchange

Stack Exchange, a network of question and answer websites, has secured $40 million in funding, the company announced in a blog post on its site. The bulk of that funding comes mostly from Andreessen Horowitz. In addition to the funding, the venture firm’s Chris Dixon will be joining Stack Exchange’s board of directors as an observer. Previous backers of Stack Exchange are Union Square Ventures, Index Ventures, Spark Capital and Bezos Expeditions. To read the announcement, visit here.

 

184 Views

PeerTransfer nets $22 mln

PeerTransfer, a Boston-based provider of payment solutions for the education sector, has received $22 million in funding. Bain Capital Ventures led the round with participation from previous backers that included Spark Capital, Devonshire Investors, Accel Partners and QED Investors.

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