Venture Capital Update

San Francisco, CA - Topsy Labs Inc., a real-time search engine, with a focus on social media sites like Twitter has raised $ 15 M of series C venture capital funding. The funding came from top venture capital firms BlueRun Ventures, Ignition Partners, Founders Fund and Western Technology Investments and from angel investor Scott Banister.

The new venture capital funding will be used to fund in the expansion of its scalable architecture.

New York, New York - 2tor, a company that partners with universities to build, administer, and market online degree programs has raised $32.5M of Series C Funding from Bessemer Venture Partners and was backed by existing investors Highland Capital, Redpoint, Novak Biddle and City Light Capital. 2Tor has raised a total of $65 million since its formation on 2009.

The new funding will be used to support 2tor in expanding to more programs faster. 2tor is already offering in USC Master of Teaching and Social Work programs and will also launch a nursing program with Georgetown and an MBA program at UNC-Chapel Hill.

Mountain View, California - Jumio, a quick payment platform and one-click solution for individuals and businesses has raised $6.5 M of series A funding from the co-founder of Facebook Eduardo Saverin.

As part of the funding, Saverin will be joining as part of the board. The fact that the VC angel is the co-founder of Facebook, Jumio is drawing attention now in the market.

“I’m usually a critical person, but the last time I have seen such a disruptive idea was actually Facebook” - Eduardo Saverin

Washington, D.C. - Sponto, A social-local-mobile platform exclusively for college students to publish, discover and even detect social events and parties in secure private groups around campus has raised a seed funding of 200K from Virginia-based Amplifier Venture Partners. The funding will be used to support the launching of Sponto in different campuses and for the expansion of the development team.

New York, New York - MediaMath, a provider of cross-exchange advertising management services and technology has raised $ 14 M of series B funding from QED investors, SJS invest, European Founders Fund and Safeguard Scientifics.

The new funding is planned to be used in international expansion and tactical acquisitions.

Richmond, Virginia - SnagAJob, a portal for jobseekers looking for hourly work in their area has raised $27 M of Series C Funding from August Capital with support from existing investors Adams Street Partners, Baird Venture Partners and C&B Capital.

SnagAJob will use the funding for product portfolio expansion, marketing strategy and fund for hiring new employees. The company expects to add 300 more people in the team.

Espoo, Finland - Rovio Mobile, the develop of the very popular mobile game Angry Bird has raised $42 M of series A funding from Accel Partners, Atomico Ventures and Felicis Ventures.

Rovio will use the investment to increase its reach internationally, and across markets including mobile, social media and other platforms, and via merchandising and media production and partnerships.

Angry Birds is currently being played by 40 million monthly active users.

Reston, Virginia – ZoomSafer, a mobile solution provider specializing in risk management software has raised $ 1.1 M of series B funding from White Birch Capital and SugarOak Holdings. The funding will be used to expand marketing and development of their patented and award-winning mobile risk management analysis software products.

Boston, Massachusetts - Clovr Media, a company that delivers Loyalty 2.0 to the financial services and digital media ecosystems has raised $ 8.5 M of series A funding from Bain Capital, Kepha Partners and Common Angels and was also supported by angel investor Mark Right.

“We believe that card linked offers will soon become ubiquitous,” said Jeffrey Glass, Managing Director at Bain Capital Ventures. “Our investment in Clovr reflects our confidence that the card linked offer is the next step in the evolution of digital coupons and loyalty programs. This platform will eliminate the need for paper coupons and elevate the personalization of savings for every participating consumer.”

Red Bank, New Jersey - Opinionaided, a platform that helps users get opinions from friends, family, and the public in the flow of everyday life has raised $1 Million of Seed Funding for their new mobile services. The funding came from General Catalyst, SoftBank Capital, Draper Fisher Jurvetson, ENIAC Ventures and from angel investors Mark Wachen, Jonah Goodhart, Karl Jacob, and Vince Monical.

Opinionaided will use the new funding to expand the service beyond the iOS platform.