PE HUB First Read

First Read kicks off your week with news that hundreds are arrested in China for spreading rumors about the country’s stock market, Berkshire Hathaway reveals it has taken a $4.48 billion stake in Phillips 66 and legendary horror film director Wes Craven dies at 76.


Marketing automation platform Autopilot pulls in $7 mln

San Francisco-based marketing automation platform Autopilot has raised $7 million in funding. The investors were Salesforce Ventures, Stage One Capital, Blackbird Ventures, Garnett Ventures, Rembrandt Venture Partners, Southern Cross Venture Partners and Tim Draper.


DFJ Esprit rebrands Draper Esprit as Tim Draper vows more active role

DFJ Esprit has rebranded itself Draper Esprit as iconic U.S. venture capitalist Tim Draper agreed to work more closely with the firm to find, back and scale top European startups. In a press release, the firm said it will continue to operate as part of the Draper Venture Network for companies from Western Europe.


Mirror pulls in $8.8 mln Series A

San Francisco-based Mirror, a peer-to-peer trading platform that uses bitcoin, has raised $8.8 million in Series A funding. Route 66 Ventures led the round with participation from return backers that include RRE Ventures, Crosslink Capital, Battery Ventures and Tim Draper. In conjunction with the funding, Pascal Bouvier, a general partner at Route 66 Ventures, has been added to the company’s board.


NeuroVigil closes second financing round

NeuroVigil said Friday it closed a second financing round led by Dr. Howard Morgan. Financial terms weren’t announced. Co-investors include space entrepreneur Elon Musk, venture capitalist Tim Draper and Draper Fisher Jurvetson and Zone Ventures. La Jolla, California-based NeuroVigil is responsible for the iBrain™ portable brain monitor.


Meta raises $23 mln from Horizon, Draper, BOE, others

Meta said it raised $23 million in a Series A round led by Horizon Ventures, Tim Draper, BOE Optoelectronics and Y Combinator partners Garry Tan and Alexis Ohanian. Also participating in the deal were Danhua Capital, Commodore Partners and Zappos Founder Tony Hsiech’s  Vegas Tech Fund. Meta is developing augmented reality glasses.


Pillow Homes wraps up $2.65 mln seed

San Francisco-based Pillow Homes, a provider of short-term rentals, has secured $2.65 million in seed funding.The investors in this round were Homebrew, Sherpa Ventures and Tim Draper.


peHUB First Read

First Read closes out your week with news that Sotheby’s CEO is stepping down months after activist investor Loeb joined board, PCH International is in talks to buy Fab for $15 million and Tim Draper has backed 16 bitcoin startups.


Marketing startup Loopd grabs $1 mln

San Francisco and Taiwan-based Loopd, a marketing solutions tools provider, has raised $1 million in funding. The investors were Tim Draper, Salesforce.com CEO Marc Benioff and Vuclip co-founder Xinhui Nui.


Crowdfunder.com raises $3.5 mln in Series A funding

Crowdfunder.com has raised $3.5 million in a Series A funding round from VC funds and individual investors. Investors include Bridge 37 Ventures, Ideas & Capital Venture Capital, Tim Draper, William Quigley of Clearstone Partners, Maura O’Neill, former chief innovation officer at USAID, Capital Nuts, Marcus Segal, former COO business operations at Zynga, Mark Rampolla, founder of ZICO Coconut Water and David Wilner, founder of Windriver Systems.


Wearable tech startup Augmate picks up $2.8 mln

New York City-based wearable tech startup Augmate said Thursday that it has closed $2.8 million in seed funding. Tim Draper led the round with participation from UPS Strategic Enterprise Fund, Siemens Venture Capital, Simon Venture Group, Rothenberg Ventures, Excell Partners, Camp One Ventures, FP Angels and various angel investors.


Laurel & Wolf racks up $1.1 mln

Online interior design marketplace Laurel & Wolf has received $1.1 million in seed funding. Tim Draper led the round with participation from other investors that included Upside Partnership and Siemer Ventures.


Tim Draper and Kima Ventures back CrowdCurity

CrowdCurity, which is backed by Boost.vc, a bitcoin-focused startup accelerator, has received $1 million in seed funding. Tim Draper and Kima Ventures led the round. Also, FireEye CIO Julie Cullivan has been named advisor to the company. Based in San Francisco, CrowdCurity is a crowdsourced web security firm.


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.

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