Venture Capital Update

PubMatic, a Calififornia-based company that helps online publishers and advertisers increase their revenues and monetization was able to raise $7.5 million in new VC funding. Helion Venture Partners led the round, and was joined by Draper Fisher Jurvetson and Nexus Venture Partners. The recent funding will be used to accelerate the adoption of PubMatic’s recently announced set of new offerings, including: an impression-level ad auction with real-time bidding; global demand representation; audience analytics and monetization; enhanced brand control and data safety; guaranteed inventory yield management; and enterprise ad operations support. For the first time ever, sales and ad operations teams can manage all ad revenue from a single dashboard and gain new insights into inventory and pricing across non-guaranteed and guaranteed inventory channels.

LearnVest Inc., an award-winning personal finance website for women has raised $4.5 million in Series A funding. Accel Partners led the round, and was joined by seed backers Richmond Management, Rose Tech Ventures and members of Circle Financial Group. LearnVest plans to use the funding to meet the strong demand for its current trusted information and tools, expand on its offerings, and build on the company’s recent success.

Stitcher, The San Francisco based leader in on-demand news and talk radio for mobile devices raised $6 million in Series B funding from leading venture capital firm Benchmark Capital, return backer New Atlantic Ventures and angels Ron Conway and Ed Scott. The new funding will be used to further Stitcher’s product and platform development. Stitcher received around $1.7 million in previous funding.

NearVerse, a mobile networking startup based in Philadelphia raised $1 million in seed funding from Meakem Becker Venture Capital. NearVerse plan to use the funding tin developing its software-based networking platform to accelerate mobile Internet beyond the capabilities of existing 3G or 4G carrier networks.

Tiny Speck has raised $5 million in Series A funding from Accel Partners and was joined by Andreessen Horowitz. Tiny Speck is a San Francisco online gaming company. It previously raised $1.5 million in seed funding.

Velocity Financial Group, Inc. closed a $3 million growth capital facility to Reflexis Systems, Inc., a leading provider of solutions that help retailers turn strategy into action and increase sales. Reflexis is headquartered in Dedham, MA and is backed by FirstMark Capital.

The creator of the MMORPG (Massively Multiplayer Role Playing Game) Blue Mars raises $4.2 Million in VC fundings. Avatar Reality got the fundings from entertainment visionaryHenk Rogers - best known for introducing Tetris to the world and Honolulu based VC firm Kolohala Ventures.

The Trade Desk, an innovative online advertising exchange, has raised $2.5 million in a VC funding round co-led by Founders Collective and IA Venture Strategies. The Trade Desk is a new advertising company that promises to deliver new tools for online advertising.

BabyAge.com, Inc. ("BabyAge"), the U.S. premier online retailer of infant, toddler and juvenile products, announced that it has raised approximately $15 Million of fundings. The Fundings came from Alumni Capital Network and Brook Venture Partners. The fundings will be used by the company in their aggressive growth plans. As a part of their expansion, a new Board of Directors has been established comprised of: Walter Nollman (Chairman), Denise Kelly, and Elliott Wahle from ACN, Ned Williams from BVP and Jack Kiefer from BabyAge.

C$ cMoney, a fresh mobile technology company based in Houston, Texas, a received $15 million in funding from Kodiak Capital Group, LLC of New York City. T

The investment is for the expansion of the company and for the launching of C$ cMoney, an innovative mobile solution for the payment of goods and services while totally eliminating IDENTITY and CREDIT CARD THEFT.