MindMix Raises $4 Million of Seed Funding
Omaha, Nebraska - MindMix, a startup which connects municipal decision makers and elected officials with their constituents in a cost-effective and engaging manner has raised $4 million of seed funding led by NelNet and backed by existing investors Dundee Venture Capital and Optimas Group.
“MindMixer is an innovative approach to collaboration and engagement, allowing organizations to cultivate ideas from a broader community,” said Mike Dunlap , CEO of Nelnet.
The new capital will be used for the development of new suite of tools geared in online engagement platform and services and also to attract new customers.
“MindMixer is an innovative approach to collaboration and engagement, allowing organizations to cultivate ideas from a broader community,” said Mike Dunlap , CEO of Nelnet.
The new capital will be used for the development of new suite of tools geared in online engagement platform and services and also to attract new customers.
Foodpanda Raises $20 Million of Series B Funding
Stockholm, Sweden - Foodpanda, an innovative online food delivery business with a global market reach has raised $20 million of series B funding co-led by Investment AB Kinnevik and Phenomen Ventures.
Foodpanda which is based in Berlin, Germany is rapidly expanding in the global market servicing in 15 countries now with its tie up company Hellofood. It recently raised an iPhone Appa and Android and plans to use the new capital to be the leader in food delivery in the world.
Foodpanda which is based in Berlin, Germany is rapidly expanding in the global market servicing in 15 countries now with its tie up company Hellofood. It recently raised an iPhone Appa and Android and plans to use the new capital to be the leader in food delivery in the world.
TenFarms Raises $2.7 million from Undisclosed Investors
Los Angeles, California - TenFarms, a mobile company with the mission to invent beautiful products with substance, style and simplicity and developer of the Photopoll, the world’s first mobile app for iOS devices that allows users to group and share multiple photos into a feed for instant polling has raised $2.7 million from undisclosed investors.
“Banner ads might still function well in print and on desktop computers, but it’s clear that they just don’t work on mobile devices,” said Nils Forsblom, Founder & CEO of TenFarms.
The new funding will be used for the further development of Photopoll and other upcoming products.
“Banner ads might still function well in print and on desktop computers, but it’s clear that they just don’t work on mobile devices,” said Nils Forsblom, Founder & CEO of TenFarms.
The new funding will be used for the further development of Photopoll and other upcoming products.
Chute Raises $7 Million of Series A Funding
San Francisco, California - Chute, a cloud platform that helps apps and sites capture, manage, and display media files has raised $7 million of Series A funding led by Foundry Group and backed by previous investors Freestyle Capital and U.S. Venture Partners.
Chute is the product of the incubator program Y Combinator and has raised $3 million of funding already. The new capital will be used to expand its products line up and also to be a leader in visual ads platform and interface.
We are known for our strength in helping brands and publishers leverage owned and earned visual content. By being the first company to complete the loop and help companies leverage owned and earned media in their paid efforts as well, we are broadening brands’ visual storytelling capabilities and helping them drive deeper relationships with audiences,” said Ranvir Gujral, Co-Founder of Chute.
Chute is the product of the incubator program Y Combinator and has raised $3 million of funding already. The new capital will be used to expand its products line up and also to be a leader in visual ads platform and interface.
We are known for our strength in helping brands and publishers leverage owned and earned visual content. By being the first company to complete the loop and help companies leverage owned and earned media in their paid efforts as well, we are broadening brands’ visual storytelling capabilities and helping them drive deeper relationships with audiences,” said Ranvir Gujral, Co-Founder of Chute.
Zoobean Raises $500,000 of Seed Funding
Washington, D.C. - Zoobean, an catalog which parents can either subscribe to, or choose to just shop online like a standard e-commerce website has raised $500,000 of seed funding from Kapor Capital.
The startup was founded by Google’s head of K-12 Education Outreach Jordan Lloyd Bookey together with her former Washington, D.C., Teacher husband Felix Brandon Lloyd.
“Any kid, parent or loved one who’s coming to find the right book can find one that the child can see him or herself in,” explains Bookey of the Zoobean collection.
The company plans to raise another $250,000 of funding. Zoobean is currently in beta mode.
The startup was founded by Google’s head of K-12 Education Outreach Jordan Lloyd Bookey together with her former Washington, D.C., Teacher husband Felix Brandon Lloyd.
“Any kid, parent or loved one who’s coming to find the right book can find one that the child can see him or herself in,” explains Bookey of the Zoobean collection.
The company plans to raise another $250,000 of funding. Zoobean is currently in beta mode.
Clustrix Raises $16.5 Million of Series C Funding
San Francisco, California - Clustrix, a the leading scale-out SQL database, engineered for the cloud. Clustrix provides a radically simple SQL database that enables applications to scale to unlimited users, transactions and data, while eliminating database sharding and automating fault tolerance has raised $16.5 million of series C funding from its existing investors Sequoia Capital, U.S. Venture Partners, ATA Ventures and former CISCO executive and angel inestor Don Listwin.
“The combination of big data and cloud computing has broken the legacy database, creating an industry transition to new scale-out database platforms.” said Robin Purohit, CEO at Clustrix.
The funding will be used for the expansion of the software into public and private cloud platforms.
“The combination of big data and cloud computing has broken the legacy database, creating an industry transition to new scale-out database platforms.” said Robin Purohit, CEO at Clustrix.
The funding will be used for the expansion of the software into public and private cloud platforms.
FTBPro Raises $5.8 Million of Seed Funding
London, United Kingdom - FTBPro, the largest fan-generated media platform in online football, enabling millions of fans across destination sites, mobile apps and social networks to contribute, participate, write and share their opinions has raised has raised $5.8 million of seed funding from Battery Ventures and Gemini Israel Funds.
The sports portal has more than 20 million monthly visits and with 1,000 regular contributors, generating over 200 daily articles in English, Spanish, German and Italian. The new funding will be used to expand to its niche geographical market U.S.A, Spain, Germany and Italy and also to other countries with football huge fan base.
The sports portal has more than 20 million monthly visits and with 1,000 regular contributors, generating over 200 daily articles in English, Spanish, German and Italian. The new funding will be used to expand to its niche geographical market U.S.A, Spain, Germany and Italy and also to other countries with football huge fan base.
Foodem Raises $600,000 of Seed Funding
Baltimore, Maryland - Foodem, the only B2B online food marketplace that connects wholesale food buyers, such as restaurants, hotels, universities, hospitals, government institutions, etc. with food distribution companies, farms and specialty food manufacturers has raised $600,000 of seed funding from Pancea Capital Advisors.
“This is an industry that is ripe for disruption, and Foodem is uniquely positioned to lead as a first-mover in that initiative,” says Sam Rubenstein, President of Panacea Capital Advisors. Brian Gaister, another of Foodem’s angel investors also noted that, “We were impressed by Foodem’s ability to solve problems on both sides of the sales equation. There is a clear need in this $650B industry, and Foodem is the only solution out there.”
Foodem is a product of the Baltimore’s Emerging Technology Centers’ (ETC) business incubator program which granted the startup $75,000 of funding and also mentorship from Maryland Technology Development Corporation (TEDCO).
“This is an industry that is ripe for disruption, and Foodem is uniquely positioned to lead as a first-mover in that initiative,” says Sam Rubenstein, President of Panacea Capital Advisors. Brian Gaister, another of Foodem’s angel investors also noted that, “We were impressed by Foodem’s ability to solve problems on both sides of the sales equation. There is a clear need in this $650B industry, and Foodem is the only solution out there.”
Foodem is a product of the Baltimore’s Emerging Technology Centers’ (ETC) business incubator program which granted the startup $75,000 of funding and also mentorship from Maryland Technology Development Corporation (TEDCO).
PerspecSys Raises $12 Million of Series B Funding
San Francisco, California - PerspecSys, a leading provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted throughout the enterprise has raised $12 million of series B funding led by Paladin Capital Group and Ascent Venture Partners with the backing of existing investor Intel Capital.
The new funding will be used for the marketing and sales team expansion and also for the development of new technology for customers in different areas like banking, insurance, government/public sector, healthcare, and manufacturing markets.
The new funding will be used for the marketing and sales team expansion and also for the development of new technology for customers in different areas like banking, insurance, government/public sector, healthcare, and manufacturing markets.
Bookshout! Raises $6 Million of Series B Funding
Dallas, Texas - BookShout! i, a one-of-a-kind Christian group reading platform which can be accessed via web and through an App for both Android and iOS mobile device has raised $6 million of series B funding from Ambassador Enterprises.
“Bookshout! is reinventing how digital books are sold, shared and consumed,” said Daryle Doden, CEO of Ambassador Enterprises. “Traditional publishing is like baseball before Moneyball. The industry is guessing what people want. By serving authors and publishers in a process-oriented, measurable way, bookshout! is eliminating the guesswork and building tools that let content creators take control of their audience.”
The new capital will be used in its distribution platform in the digital market and also for opening a marketplace for authors and publishers.
“Bookshout! is reinventing how digital books are sold, shared and consumed,” said Daryle Doden, CEO of Ambassador Enterprises. “Traditional publishing is like baseball before Moneyball. The industry is guessing what people want. By serving authors and publishers in a process-oriented, measurable way, bookshout! is eliminating the guesswork and building tools that let content creators take control of their audience.”
The new capital will be used in its distribution platform in the digital market and also for opening a marketplace for authors and publishers.
