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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Top 10 posts

Trending on peHUB this week: Job openings at GE Capital and Fortress, keynote video of MDB’s John Canning, and Tim Draper’s big breakup plan.


VC Draper wins bitcoin auction: Reuters

Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to a statement emailed to Reuters on Wednesday.

Tim Draper, After Founding “Draper University,” Announces Heidi Roizen Scholarship

Earlier this month, venture capitalist Tim Draper announced he was launching “Draper University,” a boarding school for entrepreneurs aged 18 to 26, who will come to San Mateo for one of the school’s four eight-week-long sessions each year. Now, Draper University has announced a Heidi Roizen scholarship for female applicants. Roizen, a longtime venture capitalist and former Stanford classmate of Draper, will fund the scholarships. The “university” opens its doors April 17.

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