bMobilized Raises $2.5 M of Series A Funding
New York, New York - bMobilized, a pioneer in website mobilization and provider of HTML 5 conversion services has raised $2.5 million of series A funding from Norwegian BC firms Alliance Venture and Investinor and also backed by Alden AS.
The new funds will be used to expand its market share and to develop a new API to solve problems of large volume customers.
The new funds will be used to expand its market share and to develop a new API to solve problems of large volume customers.
ParkWhiz Raises $2 M of Series A Funding
Chicago, Illinois - ParkWhiz, an online car park reservation tool that can provide assured parking to its subscribers has raised $2 million of series A funding from Hyde Park Angels and Amicus Capital. The funding was also backed by angel investors Alexis Ohanian, Garry Tan, Henry J. Feinberg and Amreesh Modi.
ParkWhiz uses the Open Table model to reserve parking to its customers. The new funding will be used to develop its system and acquire more customers.
ParkWhiz uses the Open Table model to reserve parking to its customers. The new funding will be used to develop its system and acquire more customers.
Grockit Raises $20 M of Series E Funding
San Francisco, California - Grockit, a pioneering online social learning company has raised $20 million of series E funding led by Discovery Communications and backed by a number of top venture capital firms including Summit Group, Atlas Venture and Benchmark Capital.
Aside from the funding, Discovery Communications will also market Learnist, a service launched by Grockit last May. Discovery Communications owns the leading learning channel Discovery Network.
Aside from the funding, Discovery Communications will also market Learnist, a service launched by Grockit last May. Discovery Communications owns the leading learning channel Discovery Network.
Vivino Raises $1 M of Series A Funding
Copenhagen, Denmark - Vivino, an online social app for wine enthusiasts has raised $1 million of series A funding from the Nordic venture capital firm Creandum.
“Vivino has all the characteristics of a great investment: seasoned team, innovative technology, elegant product, viable business model, and a very large market ripe for disruption,” said Creandum General Partner Martin Hauge.
As part of the funding deal, Martin Hauge will join the board of Vivino.
“Vivino has all the characteristics of a great investment: seasoned team, innovative technology, elegant product, viable business model, and a very large market ripe for disruption,” said Creandum General Partner Martin Hauge.
As part of the funding deal, Martin Hauge will join the board of Vivino.
SpotHero Raises $2.5 M of Seed Funding
Chicago, Illinois - SpotHero, a platform that allows parking lots and garages to drive extra customers to their existing locations has raised $2.5 million of seed funding from various VC firms. The funding was led by Battery Ventures and backed by 500 Startups, e.Ventures, OCA Venture Partners, New World Ventures, Lightbank and Draper Associates and also by David Cohen's VC wing The Bullet Time Ventures.
The new funding will be used to expand its services in other states and also to hire new developers to enhance its services. The company was profitable in the 2nd quarter of 2012.
The new funding will be used to expand its services in other states and also to hire new developers to enhance its services. The company was profitable in the 2nd quarter of 2012.
Easilydo Raises $4.3 M of Venture Round Funding
Mountain View, California - Easilydo, a free mobile productivity app designed for iPhone and iPod touch and integrates well with social sites has raised $4.3 million of seed funding from U.S. Venture Partners and Mayfield Fund and also backed by unnamed individual investors.
“Easilydo has built a disruptive new application that will re-shape the way people get things done, which will be essential in our mobile-driven world,” says Robin Vasan, Managing Director at Mayfield Fund. “Our investment in the Easilydo team underscores our belief in the talent and determination that have always brought their ideas to fruition.”
The funding will be used to accelerate the growth of the company and to develop new features for the app.
“Easilydo has built a disruptive new application that will re-shape the way people get things done, which will be essential in our mobile-driven world,” says Robin Vasan, Managing Director at Mayfield Fund. “Our investment in the Easilydo team underscores our belief in the talent and determination that have always brought their ideas to fruition.”
The funding will be used to accelerate the growth of the company and to develop new features for the app.
Stipple Raises $3 M of Seed Funding
San Francisco, California - Stipple, an image-based data tagging system and e-commerce platform has raised $3 million of seed fundingled by Sands Capital and backed by Kleiner Perkins Caulfield & Byers, Floodgate Fund, Relevance Capital and popstar Justin Timberlake.
“Since the explosion of Pinterest, the entire advertising industry has been captivated by the idea of being able to advertise, buy and sell products inside a photo on any website or device,” said Rey Flemings, founder and CEO, Stipple.
The new fund will be used to accelerate the companies growth and product innovations.
“Since the explosion of Pinterest, the entire advertising industry has been captivated by the idea of being able to advertise, buy and sell products inside a photo on any website or device,” said Rey Flemings, founder and CEO, Stipple.
The new fund will be used to accelerate the companies growth and product innovations.
Gravy App Raises $6.4 Million of Seed Funding
Washington, D.C. - Gravy App, the mood-based what’s going on app that shows users things they love to do near where they live, work and play has raised a new funding from its existing investor Piedmont Investment Advisors amounting to $6.4 million.
Gravy has demonstrated an amazing trajectory since launch,” said Bill Militello, Founder of Piedmont Investment Advisors. “Very few companies have the ability to develop disruptive technology, gain user momentum and attract top tier brand partnerships in the time Gravy has achieved these feats. We’re excited to continue the journey with Gravy’s world-class team.”
The new funding will be used to expand the features of the mobile app and also for marketing strategy.
Gravy has demonstrated an amazing trajectory since launch,” said Bill Militello, Founder of Piedmont Investment Advisors. “Very few companies have the ability to develop disruptive technology, gain user momentum and attract top tier brand partnerships in the time Gravy has achieved these feats. We’re excited to continue the journey with Gravy’s world-class team.”
The new funding will be used to expand the features of the mobile app and also for marketing strategy.
Powtoon Raises $600,000 of Seed Funding
Stanmore, UK - Powtoon, a brand new presentation software that allows anyone to easily make animated presentations and short videos that compel and inspire has raised $600,000 of seed funding from the new accelerator program Startup Minds.
“We took the smallest amount of funding we possibly could to grow the company while maintain a bootstrapping style and corporate philosophy. We only wanted one single investor and we had term sheets on our table for a multiple of the investment amount from different sources – but we finally decided on StartupMinds because they seem to be a great fit for us,” says Iiya Spitalnik, Powtoon CEO.
The new funding will be used to develop new feature of Powtoon and also to create new versions of the software.
“We took the smallest amount of funding we possibly could to grow the company while maintain a bootstrapping style and corporate philosophy. We only wanted one single investor and we had term sheets on our table for a multiple of the investment amount from different sources – but we finally decided on StartupMinds because they seem to be a great fit for us,” says Iiya Spitalnik, Powtoon CEO.
The new funding will be used to develop new feature of Powtoon and also to create new versions of the software.
Canopy Lab Raises $1.5 M of Series A Funding
San Francisco, California - Canopy Labs, a powerful platform for businesses wanting to build and apply customer models has raised $1.5 million of series A funding from BDC Venture Capital IT Fund and Valar Ventures.
Canopy Labs plans to use the fund to double the size of the team. It currently has 4 team members and aside from the announcement of the new funds, the company also released a free version of its services.
Canopy Labs plans to use the fund to double the size of the team. It currently has 4 team members and aside from the announcement of the new funds, the company also released a free version of its services.
