Venture Capital Update

San Francisco, California - Zozi, a booking platform locally and worldwide has raised $7 M of series B funding from Venture Capital firms LaunchCapital, ZIG Capital, 500 Startups, the Pritzker/Vlock Family Office and VC angels Thomas & Peter Lehrman, David Tisch and other unnamed angel investors.

The services of Zozi is similar to LivingSocial which also offers daily deals on "Handpicked experiences" or activities.

Zozi also offers 100% money back returned if the customers did not enjoyed the "handpicked experience" booked and purchased.

San Francisco, California - Fotomoto, an e-commerce for photography and design has raised $1.2 M of series A funding from Adams Capital Management.

The funding will be used for additional people, securing enterprise deals and integration with other media and payment platforms.

New Delhi, India - Exclusively In, a a members-only shopping site for fashion in India has raised $16 M of series A funding from Tiger Global Management and was backed up by Venture Capital firms Accel Partners and Helion Venture Partners.

Exclusively.In plans to used the funding for new market expansion, product optimization, additional workforce and membership expansion.

Cambridge, Massachusetts - TurningArts, a startup that allows customers to rotate prints of contemporary artists in their home or office for as little as $9.99 per month has raise $750K of Seed Funding from NextView Ventures.

The funding will be used for product development as it plans to expand to larger formats. It currently supports 17 inches by 21 inches frames.

San Francisco, California - Eventbrite, a service provider which empowers event organizers to become more efficient and effective when bringing people together has raised a record breaking of $50 Million Raises of Series E Fundings from Tiger Global.

Last October Eventbrite raised $20 million which brings Eventbrite total funding of $80 Million. The new funding will be used for product development, global expansion and to scale to larger events.

Tiburon, California - WaterSmart Software, a software utility that can help customers save water and save money received a seed funding of $900,000 from venture capital firms Menlo Incubator, Sand Hill Angels, Draper Fisher Jurvetson and Physic Ventures.

The funding will be used for software development and for additional employees.

Toronto, Canada - Fuse Powered, a digital mobile game publisher has raised $2 M of seed funding from co-canadian top mobile company BlackBerry Partners Fund and NFQ Ventures. The funding is surprising for Fuse Powered is a game developer for iPhone platform through iOS and not for BlackBerry. Fuse Powered is the developer of the iOS games “Dawn of the Dead,” “Jaws,” and “Swarm Killer.”

“The Blackberry Partners Fund investment represents an affirmation of Fuse’s global thought leadership as mobile game publishers and the unique nature of our proprietary tools and position in the market,” said Jon Walsh, CEO of Fuse Powered Inc. “The investment will accelerate our progress and give us an edge in the marketplace.”

San Mateo, California - Alpine Data Labs, a scalable database system and research provider has raised $7.5 M of series A funding from Sierra Ventures, Mission Ventures, Sumitomo Corporation Equity Asia and is also backed by Stanford University.

The funding will be used for additional workforce in China and in the US and also finance product development and marketing.

Delray Beach, Florida - GridGlo, a cleantech company specializing in the aggregation and “fusion” of smart meter data with consumer data to provide solutions for utility companies has raised $1.2 M of seed funding from CUBRC, an advance and innovative research organization which specializes in medical and biotechnology.

The funding will be used in its EPM (Energy People Scoring Mechanism) which is a software that measures how consumer uses electricity and other utilities in development that will change the behavior of consumers when it comes to energy usage.

McLean, Virginia - Clearspring Technologies, the largest publisher sharing network on the web through its AddThis platform has closed a $20 M of series D funding from venture capital firm Institutional Venture Partners (IVP).

The funding will be used to accelerate Clearspring's future web products and for marketing strategies such as advertising and acquisitions.