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TransFS

TransFS Gets Seeded

TransFS

Seed: $510,000

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TransFS, a Chicago-based comparison shopping site for credit card processors, has raised $510,000 in seed funding from fellow Chicago-based Hyde Park Angels and 500Startups of Mountain View, California.

The startup aims to help merchants save money on credit card fees and also conducts reverse auctions to solicit competing bids from credit card processing companies.
C2Call

C2Call Receives $2 Million of VC funding

C2Call

A Round: $2,000,000

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C2Call, a provider of free Internet phone services (VoIP) from Germany has raised $2 million in Series A funding. Backers include Draper Investment Co., High-Tech Grunderfonds and Klaus Wecken, former founder of KHK Software.

C2Call will use the funds for expansion into international markets for its FriendCaller service, the first and only free browser-based Internet phone solution that can turn emails, social networks and any Internet-ready device, such as the iPod Touch or iPad, into a phone.
eXelate

eXelate Raises $15 Million

eXelate

B Round: $15,000,000

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eXelate, a New York-based first and largest open marketplace for audience targeting data raised $15 million in Series B funding. Menlo Ventures led the round, and was joined by existing backer Carmel Ventures.

“We’re thrilled to have the renewed support of Carmel Ventures and are excited about our new partnership with Menlo Ventures, which now provides us with deep strategic and financial roots in both Silicon Valley and the ‘far east coast’,” said eXelate CEO Meir Zohar.
Tudou

Tudou.com Raises $50 Million

Tudou

E Round: $50,000,000

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Tudou.com, a top Chinese online web video sharing platform raised $50 million in Series E funding. Temasek Holdings, a Singapore-based VC firm led the round with a $35 million investment, and was joined by return backers IDG Technology Venture Investment, Granite Global Ventures, General Catalyst Partners, Capital today, Jafco Asia, KTB Ventures and JAIC.

Tudou's aim is expanding its main advertising supported web platform and developing mobile device video technology as key future growth drivers.

Zulily

Zulily Receives $6 Million of Funding

Zulily

Seed: $4,600,000
B Round: $6,000,000

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Zulily, a children oriented ecommerce and shoppping site raised $6 million in Series B funding. August Capital led the round and was joined by return backer Maveron LLC.

Zulily will use the funds to further advance its position as the leading children’s private-sale shopping site.
WeShop

WeShop Raises $5.25 Million

WeShop

A Round: $4,250,000

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WeShop, a New York-based provider of online shopping platform start up where consumers control their data raised $4.25 million in Series A funding. VC angels include Jonathan Miller, Frank Kenny, Martin White and Carlos Sala.

Antony Lee, Founder and CEO of WeShop, describes WeShop as the world’s first consumer network where consumers utilize their own anonymized shopping data to lead retailers and brands to make them great offers through the WeShop platform. This results in drastically lower prices, and a radically improved shopping experience.
YouSendIt

YouSendIt Raises $15 Million

YouSendIt

D Round: $15,000,000

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YouSendIt Inc., a California-based and number-one secure digital file delivery solutions has raised $15 million in Series D funding. Adams Street Partners led the round, and was joined by return backers Emergence Capital, Sigma Partners and Alloy Ventures.

The funding will be used to accelerate growth and increase market share.
eWise

eWise Raises $12.1 Million

eWise

Seed: $12,100,000

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eWise, a Colorado based global provider of online payment and financial management system raised $12.1 million in VC funding. Balderton Capital led the round, and was joined by Total Technology Ventures and Patagorang.

eWise founder and chief executive Alexander Grinberg said: “eWise already operates on a global scale and this latest round of investment by Balderton and our existing investors TTV and Patagorang will enable us to accelerate the roll out of the SVP network in the US and mine new revenue streams. We are delighted to welcome Dharmash to our board of directors.”
Triangulate

Triangulate Inc. raises $750 thousand of Funding

Triangulate

A Round: $750,000

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Triangulate Inc., a Palo Alto, Calif.-based dating application developer for Facebook (”Wings”) raised $750,000 from Trinity Ventures and Playdom chairman Rick Thompson.

Founded by three Harvard graduates in 2009, Triangulate helps social citizens use their own data to improve their lives, the lives of their friends, and the world around them. Wings (www.facebook.com/wings) is the first application available from the company.
Business Insider

Business Insider Raises $3 Million from RRE Ventures

Business Insider

A Round: $3,000,000

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Jul. 28, 2010 - Business Insider a business blog, covering tech, media, law, Wall Street, investing and entrepreneurship has raised $3 Million of VC funding from RRE Ventures.

According to Business Insider, RRE investment will specifically help them in the following:

* Expand our newsroom
* Do more original reporting
* Launch new industry verticals
* Expand the amount and type of content we publish from readers and contributors
* Launch cool new tech features that will make being a member of our community a lot more fun
* Launch our professional research service
* Launch international editions

Business Insider was formerly called Silicon Alley Insider.



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