CircleUp takes in $30 mln Series C

By Iris Dorbian — 3 months ago

Equity crowdfunding platform CircleUp has secured $30 million in Series C funding. Collaborative Fund led the round with participation from Capital One co-founder Nigel Morris, and former CEOs and presidents of Goldman Sachs, Thomson Reuters and the Stanford Endowment. CircleUp’s other backers include Union Square Ventures, Canaan Partners, Maveron and Rose Park Advisors. According to the company, the capital infusion will be used for product development and personnel hiring.

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Velocity grabs $12 mln Series A

By Iris Dorbian — 7 months ago

Diner rewards app Velocity has raised $12 million in Series A funding. The investors include former Thomson Reuters CEO Tom Glocer and Shukri Shammas, a partner at Initial Capital.

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Tamr raises $25.2 mln in Series B funding

By Chris Witkowsky — 8 months ago

Data analytics business Tamr, Inc. raised $25.2 million in Series B funding from Hewlett-Packard Ventures, Thomson Reuters, MassMutual Ventures, the corporate venture arm of Massachusetts Mutual Life Insurance Company, Sinewave Ventures and Work-Bench Ventures. Existing investors New Enterprise Associates and Google Ventures also participated in the funding round.

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Experfy collects $1.5 mln seed

By Iris Dorbian — 8 months ago

Big data consulting marketplace Experfy has secured $1.5 million in seed funding, according to a source at the company. XPRIZE Chairman and CEO Peter Diamandis led the round with participation from other investors that included Harvard Business School Professor Tarun Khanna; Intrado President George Heinrichs; and Thomson Reuters Global Head of Trading Compliance Miftah Khan.

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OpenFin snags $3 mln

By Iris Dorbian — 10 months ago

New York and London-based OpenFin, a provider of HTML5 runtime technology for the financial sector, has secured $3 million in funding. Bain Capital Ventures, Pivot Investment Partners and Nyca Partners led the round with participation from other investors that included Tom Glocer, former Thomson Reuters CEO. According to the company, the capital infusion will be used for product development and to expand its engineering team in both New York and London.

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Legal research site Casetext fetches $7 mln

By Iris Dorbian — 1 year ago

Legal research website Casetext has secured $7 million in Series A funding. Union Square Ventures led the round with participation from Formation 8 and former Thomson Reuters CEO Tom Glocer. In addition to the funding, John Buttrick, a partner at Union Square Ventures, has been added to Casetext’s board.

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Venture funds rake in $5.6 bln for fourth quarter 2014 – Thomson Reuters/NVCA

By Iris Dorbian — 1 year ago

According to a report issued by Thomson Reuters and the National Venture Capital Association, U.S. venture firms raised $5.6 billion from 75 funds during the fourth quarter of 2014. This figure marked an increase of 14 percent versus the number of funds raised during the the third quarter of 2014. Yet it was a nine percent decrease by dollar commitments. However, for the entire year of 2014, venture firms racked up $29.8 billion from 254 funds, a 69 percent increase by dollar commitments as opposed to 2013. This was the strongest annual period for fundraising dollars since 2007. To read the release about the report, visit here.

 

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