Venture Capital Update

Downington, PA - ThingWorx, a complete, high-level application that provides unprecedented efficiency and reusability has raised $ 5 M of Series B Funding from Safeguard Scientifics.

The funding will be used to ramp product development as well as sales and marketing.

Beijing, China - Yoyi Media, a Chinese provider of targeted online advertising and marketing solutions for advertisers and media publishers has raised $ 20 M of series B funding from Oak Investment Partners and existing investors Steamboat Ventures and Shanghai-based Gobi Partners.

The new funding will be used to finance the video and rich-media advertising platform.

New York, New York - Kaltura, an open-source provider of online video platform has raised $ 20 M of series A funding new investors Nexus Venture Partners and Intel Capital and with the support of existing investors .406 Ventures, Avalon Ventures, and Silicon Valley Bank.

“Kaltura is disrupting the online video space in a similar way to how open-source Red Hat™ and MySQL™ have disrupted their fields of operating systems and databases,” said Ron Yekutiel, Kaltura Chairman & CEO. “We are honored to have gained the support of Intel Capital and Nexus Venture Partners who have played an important role in the success of these two open-source giants. Kaltura’s financial success and the premium investors that it attracts demonstrate once again that there is indeed no dissonance between doing good, and doing well.”

Chicago, Illinois - Abe’s Market, an online marketplace that gives natural product entrepreneurs a platform to showcase their products has raised $3.4 million of Series A funding from Accel Partners and Index Ventures with participations of unnamed VC angels.

The funding will be used for company expansion and marketing.

Sausalito, California - Glassdoor Inc., the developer of glassdoor.com has raised $ 12 Million of series C funding from Battery Ventures and participated by existing partners Benchmark Capital and Sutter Hill Ventures. The new funding will be used to expand internationally and also to expand the company's team.

Glassdoor.com is a jobs and careers community giving a free inside look at more than 110,000 companies in 100 countries.

Scottsdale, Arizona - Docufide, the leading provider of academic credential solutions to schools has raised $4.5 M of series A funding from early stage investor Novak Biddle Venture Partners and from education entrepreneur Matthew Pittinsky.

The financing is Docufide’s first institutional round. The funding will be used to add new teams and new market strategies.

Mountain View, CA – Raptr, the social platform for gamers that tracks gaming stats and connect gamers to other gamers has raised $15 M of series B funding from DAG Ventures, Tenaya Capital and previous investor Accel Partners.

“We’re excited to be backed by DAG Ventures, Tenaya Capital, and Accel Partners as we continue to grow Raptr into the preeminent gaming community worldwide,” said Dennis Fong, CEO of Raptr. “Along with the user growth of our application, we’re also now reaching over a million unique visitors a day on our website, and have expanded our presence into the mobile arena.”

New York, New York - Offermobi, the developer of a performance marketing network for mobile advertising has raised $1 million in series A funding from co New York-based ARC Angel Fund. The Chairman of ARC Angel Fund, Joseph R. Saviano will join Offermobi’s Board.

The funding will be used for Offermobi's continued development of its mobile marketing technology.

Toronto, Canada - Chango, a startup search marketing engine based in toronto, canada has raised $4.25 M Series B Funding led by Rho Canada, a division of Rho Capital Partners and was participated by iNovia Capital, Metamorphic Ventures, Extreme Venture Partners and 24/7 Media co-founder Geoff Judge.

“We are thrilled to welcome Rho as a new investor, given the firm’s successful track record in helping to build long-term value for startups like Chango. The funding will be used to further solidify our position as a leader in the fast-growing search retargeting market” said Chango’s Founder & CEO, Chris Sukornyk.

San Francisco, California - RentJuice, an online real state platform has raised $6.2 M of Series A Funding from Highland Capital Partners and with participation of Tim Draper.

David Vivero, cofounder and CEO of RentJuice stated that with the new capital, Rentjuice can speed up development of real-time rental platform and make it available to property managers and leasing agents all across the country.