Bitbar Raises $3 Million of Funding
Helsinki, Finland - Bitbar, a technology and services company that provides high-performance mobile software development and testing solutions based on widely adopted open standards has raised $3 million from Creathor Venture Management, DFJ Esprit, Finnvera Venture Capital and Qualcomm.
The new funding will be used for expanding its mobile development tools aside from the current Android, iOS and HTML5 products. The company will also release new tools that are not only for testing mobile apps.
The new funding will be used for expanding its mobile development tools aside from the current Android, iOS and HTML5 products. The company will also release new tools that are not only for testing mobile apps.
Booker Raises $27.5 Million of Series B Funding
New York, New York - Booker, a startup which provides a unified web-based platform, accessible from any device and replaces the manual methods to help small and multi-location businesses run and grow successfully has raised $27 million of series B funding led by Bain Capital Ventures and backed by existing investors Revolution Ventures, Grotech Ventures, TDF Ventures, and Vital Financial.
“We give local service businesses the technology they need to succeed,” said Josh McCarter, CEO of Booker. “Our technology helps these businesses connect consumers with services as seamlessly as Amazon connects buyers to products. And this round of financing, along with adding Bain Capital Ventures to our team, will ensure we continue empowering our clients to grow in ways they never could before.”
The new funding will be used to expand the technology and hire new manpower to develop more enterprise technology and venture into the market with affordable tools and services.
“We give local service businesses the technology they need to succeed,” said Josh McCarter, CEO of Booker. “Our technology helps these businesses connect consumers with services as seamlessly as Amazon connects buyers to products. And this round of financing, along with adding Bain Capital Ventures to our team, will ensure we continue empowering our clients to grow in ways they never could before.”
The new funding will be used to expand the technology and hire new manpower to develop more enterprise technology and venture into the market with affordable tools and services.
Fits.me Raises $7.6 Million of Series A Funding
Tallinn, Estonia - Fits.me, a developer virtual fitting room solutions for online clothing retailers has raised $7.6 million of series A funding led by existing investor SmartCap from Estonia and backed by new investors Conor Venture Partners, Fostergate Holdings Limited and The Entrepreneur’s Fund.
The new funding will be used in expanding its sales and marketing efforts and for reaching to new markets in France, Germany, other EU countries and the USA.
The new funding will be used in expanding its sales and marketing efforts and for reaching to new markets in France, Germany, other EU countries and the USA.
SocialFlow Raises $10 M of Series B Funding
New York, New York - SocialFlow, a social media optimization technology which apply a scientific approach to understanding the real-time value of content on the social graph has raised $10 million of series B funding led by Fairhaven Capital and backed by previous investors SoftBank Capital, RRE Ventures, AOL Ventures and Betaworks and participated by 2 new investors in the round kbs+ Ventures and Rand Capital .
“In the past year, we have seen a significant change as companies integrate social media marketing into their overarching business goals and make it a lynchpin of their ongoing customer acquisition, engagement and loyalty programs,” said SocialFlow CEO Missy Godfrey.
The new funding will be used to accelerate the growth of the company and also to reach new customer base and develop new products and services.
“In the past year, we have seen a significant change as companies integrate social media marketing into their overarching business goals and make it a lynchpin of their ongoing customer acquisition, engagement and loyalty programs,” said SocialFlow CEO Missy Godfrey.
The new funding will be used to accelerate the growth of the company and also to reach new customer base and develop new products and services.
The RealReal Raises $14 Million of Series B Funding
San Francisco, California - The RealReal, an eCommerce store offering pre-owned authentic luxury and designer brands like Chanel, Hermes, Louis Vuitton , Gucci and Cartier in discounted prices even up to 90% off has raised $14 million in series B funding led by InterWest Partners and backed by existing Canaan Partners, e.ventures, Greycroft Partners, Novel TMT Ventures, Panarea Capital and individual investors Suzy Welch and Sukhinder Singh Cassidy.
“We’re changing the way people view their designer wardrobe and luxury items,” said The RealReal founder and CEO Julie Wainwright . “We offer consignors a way to get a return on what they originally paid for their designer items, effortlessly and lucratively. And, we offer shoppers a fun way to shop.”
The new capital will be used for growth and expansion and for new product development like search, a mobile app and personalization functions.
“We’re changing the way people view their designer wardrobe and luxury items,” said The RealReal founder and CEO Julie Wainwright . “We offer consignors a way to get a return on what they originally paid for their designer items, effortlessly and lucratively. And, we offer shoppers a fun way to shop.”
The new capital will be used for growth and expansion and for new product development like search, a mobile app and personalization functions.
Optimizely Raises $28 Million of Seed Funding
San Francisco, California - Optimizely, a world-class website optimization platform, providing A/B and multivariate testing that is incredibly powerful and easy-to-use has raised an astonishing $28 million of seed funding led by Benchmark Capital with the participation of Bain Capital Ventures and backed by existing investors Battery Ventures, InterWest Partners, and Google Ventures.
As part of the funding deal, Peter Fenton of Benchmark Capital will join the board of directors of Optimizely.
Optimizely previously raised $3.2 million and the new funding of $28 million is a huge jump from the previous funding. The startup boasts high-profile clients including both Obama and Romney presidential campaigns last year.
As part of the funding deal, Peter Fenton of Benchmark Capital will join the board of directors of Optimizely.
Optimizely previously raised $3.2 million and the new funding of $28 million is a huge jump from the previous funding. The startup boasts high-profile clients including both Obama and Romney presidential campaigns last year.
Bypass Mobile Raises $3,5 M of Seed Funding
Austin, Texas - Bypass Mobile, a simplified eCommerce solution for the entertainment and sports industry has raised $3.5 million of seed funding from the ecommerce giant eBay and the leading entertainment and sports media provider AEG worldwide along with angel investors Nolan Ryan, Red McCombs (former owner of the Vikings, Nuggets and Spurs), Casey Wasserman, the Chairman and CEO Of Wasserman Media Group, and Capital Sports and Entertainment.
The new funding will be used to expand its eCommerce entry points in the entertainment and sports industry and represents top brands like NFL, NBA, NCAA and music concerts and venues.
The new funding will be used to expand its eCommerce entry points in the entertainment and sports industry and represents top brands like NFL, NBA, NCAA and music concerts and venues.
Walkby Raises $650 K of Seed Funding
Chicago, Illinois - Walkby, a mobile app which provides you recommendations on what you want in real-time from local stores and boutiques has raised $650,000 of seed funding from Lightbank.
The idea is that this app will evolve into a communication channel directly between the merchants and customers,” says Josh Hernandez., Founder of Walk.by
The iPhone app is now live and can be downloaded in the iTunes store.
The idea is that this app will evolve into a communication channel directly between the merchants and customers,” says Josh Hernandez., Founder of Walk.by
The iPhone app is now live and can be downloaded in the iTunes store.
Foursquare Raises $41 Million of Seed Funding
San Francisco, California - Foursquare, a geographical location based social network that incorporates gaming elements has raised $41 million of seed funding led by Silver Lake Partners and backed by existing investors Andreessen Horowitz, Union Square Ventures, O’Reilly AlphaTech Ventures, and Spark Capital.
With the new funding, the geo-social networking site has now a total of $112.4 million of equity funds.
With the new funding, the geo-social networking site has now a total of $112.4 million of equity funds.
Razorsight Raises $3 Million of Loan Venture Funding
Fairfax, Virginia - Razorsight, an On-Demand software allows communications service providers optimize network costs has raised $3 million of seed funding from Horizon Technology Finance Corporation.
"Razorsight is a pioneer in cloud-based business intelligence and analytics solutions," stated Gerald A. Michaud, President of Horizon. "The company's platform technology has helped its customers capture valuable marketing information and increase operating efficiencies. We are pleased to provide Razorsight with a venture loan facility, which will enhance the company's ability to maintain its strong market momentum on a global basis."
The new capital will be used for the expansion plans in the commercial market.
"Razorsight is a pioneer in cloud-based business intelligence and analytics solutions," stated Gerald A. Michaud, President of Horizon. "The company's platform technology has helped its customers capture valuable marketing information and increase operating efficiencies. We are pleased to provide Razorsight with a venture loan facility, which will enhance the company's ability to maintain its strong market momentum on a global basis."
The new capital will be used for the expansion plans in the commercial market.
