Venture Capital Update

Beijing, China - OrderWithMe, a daily inventory deals from China and managed and monitored by an American team and the winner of Disrupt Beijing has raised $3 Million of series A funding from Infinity Venture Partners and SOSventures Investments.

OrderWithMe helps merchants bypass middlemen when it comes to purchasing or making deals that comes in bulk in China. The service is currently offered for American merchants and it is expected to help small businesses in the U.S. increase their growth and save money.

San Francisco, California - Plum District, a daily deal site geared towards smart and savvy moms has raised $30 million of series C funding from General Catalyst Partners. Aside from the funding, Plum District also announced its acquisition of 2 daily deal sites; the mobile centric platform Chatterfly and its competitor, DoodleDeals which is a parent focused daily deals site.

According to Megan Garnder, the CEO of Plum District, the additional money from the Series C round is being used to expand the relationship between moms and local merchants.

Silicon Valley, California - Bill.com, a service provider that streamlines and automates vendor bill payment and customer invoicing has raised a series D funding amounting to $15 million. The new funding was led by Financial Partners Fund, a new funding firm from Citi Capital company and was backed up by its former financiers Emergence Capital Partners, August Capital, JAFCO Ventures and Total Technology Ventures.

The funding will be used to support its expanding network and services. this year, the company has a 300% growth and has tens of thousand of new customers and vendors and $3 billion under its management and services.

Pacific Palisades, California - Burstly, an in-application advertising management tool to help mobile app developers optimize their ad space and inventory has raised $5.5 M of series B funding from GRP Partners, Rincon Venture Partners and Softbank Capital.

Burstly's prime product called Burstly Rewards is in beta testing and is open for other mobile developers to pitch in their talents. Burstly promises to offer multiple products related to ads optimization before the Christmas season ends.

Zaragosa, Spain - Zentyal, Linux Small Business Server for small and medium scale businesses has raised $1 M of series A funding from Finland-based venture capital firm Open Ocean Ventures.

Zentyal after its conceptualization 3 years ago has now more than 30,000 monthly downloads. Open Ocean ventures is the first major shareholder of the open source mySQL which was acquired by Sun Microsystem and now is worth $1 billion.

Fremont, California - LawPivot, the largest marketplace for businesses to receive crowdsourced legal advice from lawyers has received $1 million of seed funding from Vairza Seed Fund, Venture 51, Quotidian Ventures and from angel investors. LawPivot was previously backed by Google Ventures.

Just in time with the funding, LawPivot is launching a new service called the Legal Services Marketplace. The new service allows businesses to post inquiries for legal services, and participating lawyers can advise these businesses for a fixed fee.

Santa Clara, California - Spotzot, a mobile deal hub that helps merchants and brands reach millions of shoppers by location and intent through popular mobile shopping apps has raised $2.2 M of series A funding from Cervin Ventures, Inventus Capital Partners and TiE Angels.

The funding will be used for talent acquisition especially in the engineering department and improving its mobile app flagship product.

Palo Alto, California - Rapid7, the leading provider of security risk intelligence solutions has raised $50 M of series C funding from Technology Crossover Ventures (TCV) and now brings the company’s total funding to $60 million.

Rapid7's technology has been providing security against attack to more than 1,700 customers and with a revenue of 900% increase. Their flagship product Nexpose has been the leading choice for Web, network, applications and database security.

The new funding will be used for additional employees, acquisition and global market expansion.

California - Postcard On The Run, a mobile application that allows users to take a photograph from their mobile phone, personalize it with a message and their own signature, and send it as a physical postcard has raised $750,00 of seed funding from Crosscut ventures and other angel investors. The most surprising part of the seed funding is one of the Angel investors is the A-list celebrity Selena Gomez.

The singer / actress and disney star Selena Gomez has now joined other celebrities like Justin Timberlake, Leonardo DiCaprio and Lady Gaga as investors of tech firms.

Aside from the new seed funding, Postcard On The Run also announced that they will be launching Smell Mail where recipients can Scratch-n-sniff with scents like Baby Powder, Holiday Spice, Pine, Flowers, Chocolate, Popcorn, Suntan Lotion, or Teen Spirit for an additional fee of 50 cents.

New York, New York - Kontagent, leading enterprise user analytics platform for application developers, marketers and product managers and winner of the fbFund has raised $12 million of series B funding from Battery ventures, Maverick Capital and Altos Ventures.

The new funding will be used for research and for the development and expansion of their mobile products. The startup will also use the financing for data mining and predictive analysis services in their future products.