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	<title>Venture Capital Update &#187; Funding</title>
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		<title>Gazelle Raises $12 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/25/gazelle-raises-12-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/25/gazelle-raises-12-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

Gazelle
Seed: $12,000,000
            Founded: 07/2010
            Industry: Mobile
More Here

Gazelle, a Boston-based and US largest “re-commerce” [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/gazelle_logo.png" title="Gazelle" alt="Gazelle" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/24/gazelle.html">Gazelle</a></h4>
<p><strong>Seed:</strong> $12,000,000</p>
<p>            <strong>Founded:</strong> 07/2010<br />
            <strong>Industry:</strong> Mobile
<p><a href="http://www.venturecapitalupdate.com/company/07/24/gazelle.html">More Here</a></p>
</p></div>
<p class="funding-story">Gazelle, a Boston-based and US largest “re-commerce” startup raised $12 million in Series C funding. Physic Ventures led the round and was backed up by return backers Venrock and RockPort Capital Partners.</p>
<p>The new funding also enables Gazelle to make additional investments in key areas of the business, including its proprietary pricing technologies and processes that continue to enhance the customer experience. Gazelle will also work with existing retail partners to build an in-store experience that brings reCommerce to physical retailer sites across the nation.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $12,000,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>Seed</td>
<td>07/2010</td>
<td>$12,000,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/07/24/physic-ventures.html">Physic Ventures</a>, <a href="http://www.venturecapitalupdate.com/investor/06/03/venrock-associates.html">Venrock Associates</a>, <a href="http://www.venturecapitalupdate.com/investor/07/24/rockport-capital-partners.html">RockPort Capital Partners</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/24/gazelle.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Trada Raises $5.75 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/25/trada-raises-5-75-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/25/trada-raises-5-75-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

Trada
C Round: $57,500,000
            Founded: 09/2008
            Industry: eCommerce
More Here

Trada, a Boulder, Colorado-based revolutionary pay-per-click [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/trada_logo.png" title="Trada" alt="Trada" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/24/trada.html">Trada</a></h4>
<p><strong>C Round:</strong> $57,500,000</p>
<p>            <strong>Founded:</strong> 09/2008<br />
            <strong>Industry:</strong> eCommerce
<p><a href="http://www.venturecapitalupdate.com/company/07/24/trada.html">More Here</a></p>
</p></div>
<p class="funding-story">Trada, a Boulder, Colorado-based revolutionary pay-per-click system raised $5.75 million in Series C funding. Google Ventures led the round and was joined by return backer Foundry Group. </p>
<p>The funding will be used to for the expansion of Trada&#8217;s marketplace and be able to venture into other online marketing platforms. </p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $57,500,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>C</td>
<td>07/2010</td>
<td>$57,500,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/07/23/google-ventures.html">Google Ventures</a>, <a href="http://www.venturecapitalupdate.com/investor/06/03/foundry-group.html">Foundry Group</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/24/trada.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		</item>
		<item>
		<title>Movitas Raises $3 Million from Private Investors</title>
		<link>http://www.venturecapitalupdate.com/funding/07/25/movitas-raises-3-million-from-private-investors.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/25/movitas-raises-3-million-from-private-investors.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

Movitas Mobile
Seed: $3,000,000
            Founded: 2009
            Industry: Mobile
More Here

Movitas, a Philadelphia-based leading provider of [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/movitas_logo.png" title="Movitas Mobile" alt="Movitas Mobile" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/24/movitas-mobile.html">Movitas Mobile</a></h4>
<p><strong>Seed:</strong> $3,000,000</p>
<p>            <strong>Founded:</strong> 2009<br />
            <strong>Industry:</strong> Mobile
<p><a href="http://www.venturecapitalupdate.com/company/07/24/movitas-mobile.html">More Here</a></p>
</p></div>
<p class="funding-story">Movitas, a Philadelphia-based leading provider of mobile communication, marketing and commerce platform for location-centric businesses such as hotels, resorts and conferences has raised $3 million in VC funding from undisclosed investors.</p>
<p>Movitas will use the investment to deepen the capabilities of its mobile platform to generate new sources of revenue for the travel, tourism and meetings industries.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $3,000,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>Seed</td>
<td>07/2010</td>
<td>$3,000,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/24/movitas-mobile.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SeatGeek Raises $1 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/24/seatgeek-raises-1-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/24/seatgeek-raises-1-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

SeatGeek
A Round: $1,000,000
            Founded: 05/2009
            Industry: eCommerce
More Here

SeatGeek Inc., a New York-based ticket [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/seatgeek_logo.png" title="SeatGeek" alt="SeatGeek" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/23/seatgeek.html">SeatGeek</a></h4>
<p><strong>A Round:</strong> $1,000,000</p>
<p>            <strong>Founded:</strong> 05/2009<br />
            <strong>Industry:</strong> eCommerce
<p><a href="http://www.venturecapitalupdate.com/company/07/23/seatgeek.html">More Here</a></p>
</p></div>
<p class="funding-story">SeatGeek Inc., a New York-based ticket market forecaster for sports and concert tickets has raised $1 million in Series A funding. Founder Collective led the round, and was joined by NYC Seed.</p>
<p>SeatGeek helps ticket buyers determines whether to buy a ticket immediately or wait for a price drop.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $1,000,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>A</td>
<td>07/2010</td>
<td>$1,000,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/03/15/founder-collective.html">Founder Collective</a>, <a href="http://www.venturecapitalupdate.com/investor/03/25/nyc-seed.html">NYC Seed</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/23/seatgeek.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Validity Raises $12.6 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/24/validity-raises-12-6-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/24/validity-raises-12-6-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

Validity
D Round: $12,600,000
            Founded: 2000
            Industry: Security
More Here

Validity Inc., a San Jose, Calif.-based [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/validity_logo.jpg" title="Validity" alt="Validity" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/23/validity.html">Validity</a></h4>
<p><strong>D Round:</strong> $12,600,000</p>
<p>            <strong>Founded:</strong> 2000<br />
            <strong>Industry:</strong> Security
<p><a href="http://www.venturecapitalupdate.com/company/07/23/validity.html">More Here</a></p>
</p></div>
<p class="funding-story">Validity Inc., a San Jose, Calif.-based provider of convenient, secure and reliable identity validation solutions raised $12.6 million in Series D funding. Panorama Capital led the round, and was joined by return backers TeleSoft Partners, Crosslink Capital, Qualcomm Ventures and VentureTech Alliance.</p>
<p>This additional funding will enable the company to continue to accelerate its unique technology roadmap and aggressively pursue new market opportunities.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $12,600,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>D</td>
<td>07/2010</td>
<td>$12,600,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/07/23/panorama-capital.html">Panorama Capital</a>, <a href="http://www.venturecapitalupdate.com/investor/07/23/telesoft-partners.html">TeleSoft Partners</a>, <a href="http://www.venturecapitalupdate.com/investor/07/23/crosslink-capital.html">Crosslink Capital</a>, <a href="http://www.venturecapitalupdate.com/investor/06/03/qualcomm-ventures.html">Qualcomm Ventures</a>, <a href="http://www.venturecapitalupdate.com/investor/07/23/venturetech-alliance.html">VentureTech Alliance</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/23/validity.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		</item>
		<item>
		<title>Flipboard Flips $10.5 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/24/flipboard-flips-10-5-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/24/flipboard-flips-10-5-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

Flipboard
A Round: $10,500,000
            Founded: 2010
            Industry: Social Networking
More Here

Flipboard, a Palo Alto, California [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/flipboardlogo.png" title="Flipboard" alt="Flipboard" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/24/flipboard.html">Flipboard</a></h4>
<p><strong>A Round:</strong> $10,500,000</p>
<p>            <strong>Founded:</strong> 2010<br />
            <strong>Industry:</strong> Social Networking
<p><a href="http://www.venturecapitalupdate.com/company/07/24/flipboard.html">More Here</a></p>
</p></div>
<p class="funding-story">Flipboard, a Palo Alto, California based and first social magazine designed for the iPad raised $10.5 million of Series A funding from Kleiner Perkins Caufield &#038; Byers and Index Ventures. </p>
<p>The funding was also used to acquire Ellerdale, a web intelligence technology company that makes data more relevant and valuable. </p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $10,500,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>A</td>
<td>07/2010</td>
<td>$10,500,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/06/03/kleiner-perkins-caufield-byers.html">Kleiner Perkins Caufield &#038; Byers</a>, <a href="http://www.venturecapitalupdate.com/investor/06/03/index-ventures.html">Index Ventures</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/24/flipboard.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		</item>
		<item>
		<title>TopSchool Raises $8 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/23/topschool-raises-8-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/23/topschool-raises-8-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

TopSchool
C Round: $8,000,000
            Founded: 06/2008
            Industry: Education
More Here

TopSchool Inc., a Denver-based leading provider [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/topschool_logo.png" title="TopSchool" alt="TopSchool" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/23/topschool.html">TopSchool</a></h4>
<p><strong>C Round:</strong> $8,000,000</p>
<p>            <strong>Founded:</strong> 06/2008<br />
            <strong>Industry:</strong> Education
<p><a href="http://www.venturecapitalupdate.com/company/07/23/topschool.html">More Here</a></p>
</p></div>
<p class="funding-story">TopSchool Inc., a Denver-based leading provider of student lifecycle management SaaS for higher education raised $8 million in Series C funding from MK Capital. TopSchool&#8217;s past backers include Alsop Louie Partners and New World Ventures. </p>
<p>The new capital will be used to fund increased account management support. </p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $8,000,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>C</td>
<td>07/2010</td>
<td>$8,000,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/06/03/mk-capital.html">MK Capital</a>, <a href="http://www.venturecapitalupdate.com/investor/06/13/alsop-louie-partners.html">Alsop-Louie Partners </a>, <a href="http://www.venturecapitalupdate.com/investor/06/28/new-world-ventures.html">New World Ventures</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/23/topschool.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FanFeedr Raises $450,000</title>
		<link>http://www.venturecapitalupdate.com/funding/07/23/fanfeedr-raises-450000.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/23/fanfeedr-raises-450000.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

FanFeedr
A Round: $450,000
            Founded: 12/2008
            Industry: Community
More Here

FanFeedr, a startup provider of website [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/fanfeeder_logo.png" title="FanFeedr" alt="FanFeedr" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/23/fanfeedr.html">FanFeedr</a></h4>
<p><strong>A Round:</strong> $450,000</p>
<p>            <strong>Founded:</strong> 12/2008<br />
            <strong>Industry:</strong> Community
<p><a href="http://www.venturecapitalupdate.com/company/07/23/fanfeedr.html">More Here</a></p>
</p></div>
<p class="funding-story">FanFeedr, a startup provider of website and mobile application which connects sports fan and provide them with sports feed and news raises $450,000 0f funding. The 5 person company and leaded by Ty Ahmad-Taylor got the funding from their families and friends. </p>
<p>According to Ahmad-Taylor, the fund will be used for infrastructure, operations, and more mundane things like healthcare for the staff. He also estimates the funding will last for 12 months.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $450,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>A</td>
<td>07/2010</td>
<td>$450,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/07/23/ty-ahmad-taylor.html">Ty Ahmad-Taylor </a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/23/fanfeedr.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		</item>
		<item>
		<title>BlueSwarm received $800k in Angel funding</title>
		<link>http://www.venturecapitalupdate.com/funding/07/22/blueswarm-received-800k-in-angel-funding.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/22/blueswarm-received-800k-in-angel-funding.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

BlueSwarm
Seed: $800,000
            Founded: 03/2009
            Industry: IT
More Here

BlueSwarm, a social fundraising platform that helps [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/blueswarmlogo.jpg" title="BlueSwarm" alt="BlueSwarm" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/23/blueswarm.html">BlueSwarm</a></h4>
<p><strong>Seed:</strong> $800,000</p>
<p>            <strong>Founded:</strong> 03/2009<br />
            <strong>Industry:</strong> IT
<p><a href="http://www.venturecapitalupdate.com/company/07/23/blueswarm.html">More Here</a></p>
</p></div>
<p class="funding-story">BlueSwarm, a social fundraising platform that helps Universities, Non-profits, and political organizations leverage the existing social networks of their supporters to raise money received an $800 thousand funding from Angel investors which includes Harvard Business professor Clayton Christensen. </p>
<p>Since its launch, BlueSwarm has raised more than $172 million for fundraising campaigns, with the vast majority of those funds directed towards political election campaigns.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $800,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>Seed</td>
<td>07/2010</td>
<td>$800,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/07/23/clayton-christensen.html">Clayton Christensen</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/23/blueswarm.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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		</item>
		<item>
		<title>Pixazza Raises $12 Million</title>
		<link>http://www.venturecapitalupdate.com/funding/07/22/pixazza-raises-12-million.html</link>
		<comments>http://www.venturecapitalupdate.com/funding/07/22/pixazza-raises-12-million.html#comments</comments>
		<pubDate>Mon, 29 Nov 1999 21:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Funding]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[

            
        

Pixazza
B Round: $12,000,000
            Founded: 07/2010
            Industry: eCommerce
More Here

Pixazza, a web service platform that [...]]]></description>
			<content:encoded><![CDATA[<div id="company-information">
<div class="company-logo">
            <img src="http://www.venturecapitalupdate.com/wp-content/plugins/wp-venture/uploads/pixazza.jpg" title="Pixazza" alt="Pixazza" border="0" />
        </div>
<div class="summary">
<h4 class="summary-title"><a href="http://www.venturecapitalupdate.com/company/07/23/pixazza.html">Pixazza</a></h4>
<p><strong>B Round:</strong> $12,000,000</p>
<p>            <strong>Founded:</strong> 07/2010<br />
            <strong>Industry:</strong> eCommerce
<p><a href="http://www.venturecapitalupdate.com/company/07/23/pixazza.html">More Here</a></p>
</p></div>
<p class="funding-story">Pixazza, a web service platform that provides shoppers the chance to buy products from photos seen on websites raised $12 million in Series B funding. Shasta Ventures led the round, and was joined by return backers August Capital, CMEA Capital and Google Ventures. </p>
<p>“Images dominate the Internet and comprise the most visually appealing aspects of many websites, yet images have remained static for more than 15 years,” said Bob Lisbonne, CEO of Pixazza.</p>
<p>Pixazza plans to use its new funds to capitalize on its early market leadership position, fuel product growth, and facilitate category and geographic expansion.</p>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Funding</h5>
<p>            <span>Funding Total:</span> $12,000,000 </p>
<table class="tabledata">
<tr>
<th scope="col" width="20%">Round</th>
<th scope="col" width="20%">Date</th>
<th scope="col" width="20%">Amount</th>
<th scope="col" width="20%">Pre Amount</th>
<th scope="col" width="20%">Post Amount</th>
</tr>
<tr>
<td>B</td>
<td>07/2010</td>
<td>$12,000,000</td>
<td>&#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td colspan="5" class="bottom"><span>Investors:</span> <a href="http://www.venturecapitalupdate.com/investor/06/03/shasta-ventures.html">Shasta Ventures</a>, <a href="http://www.venturecapitalupdate.com/investor/06/03/august-capital.html">August Capital</a>, <a href="http://www.venturecapitalupdate.com/investor/07/23/cmea-capital.html">CMEA Capital</a>, <a href="http://www.venturecapitalupdate.com/investor/07/23/google-ventures.html">Google Ventures</a></td>
</tr>
</table>
<p><a href="http://www.venturecapitalupdate.com/company/07/23/pixazza.html">See all fundings here</a></p>
</p></div>
<div class="clear">&nbsp;</div>
<div class="dbdata-box dbdata-middle">
<h5>Founders</h5>
</div></div>
]]></content:encoded>
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