Editor’s Note: The following is an excerpt from Onswipe CEO Jason L. Baptiste’s new book The Ultralight Startup: Launching a Business Without Clout or Capital.
If you pay attention to the headlines about startups getting millions of dollars of funding from investors, venture capitalists, or partnerships, you might think the fund-raising process happens overnight. It all sounds so easy: Some… → Read More
BrightEdge, a startup that offers tools for large companies to manage their search engine rankings, has raised $12.6 million in a Series C round of funding.
The round was led by new investor Intel Capital, with participation from existing backers Battery Ventures, Altos Ventures, and Illuminate Ventures. CEO Jim Yu says that brings BrightEdge’s total funding to a little more than $21 million… → Read More
Instagram, the photo touch-up and sharing app, doesn’t make a penny in revenue from consumers, but it’s picking up users faster than you can click on a point-and-shoot camera, and the app is, well, just kind of great. Now, Instagram is poised to pick up another round of funding worth about $40 million, which will value the startup at $500 million, according to reports.
According to the WSJ… → Read More
Eye-Fi, the maker of those nifty, wireless memory cards that automatically sync digital camera photos to your devices, as well as to cloud services like Facebook, Flickr, Picasa and YouTube, is today announcing it has raised $20 million in Series D funding. The round was led by NTT DOCOMO, the largest mobile operator in Japan, something which hints at the company’s plans towards further… → Read More
Durham (a city in North Carolina) is looking to vitalize their already burgeoning startup scene by giving away the “World’s Smallest Office,” a moniker I once reserved for my attic bathroom but can now be rendered unto a bit of space in the front of a Cafe in Durham’s beautiful Downtown.
Although the office shown above appears to be more like a monkey cage than a formal workspace, the… → Read More
OpenLabel, a startup that wants to augment everyday products’ barcodes with crowd-sourced information that helps you decide whether to buy, has raised $80,000 in seed funding in a round led by Peter Kirwan, also an investor in IFTTT. Also participating in the round were Tim Drees and Doug Taylor. According to OpenLabel co-founder Scott Kennedy, this $80K is just the first part of a larger $300,000… → Read More
Got FOMO? (That’s “fear of missing out” for those of you who don’t do slang.) There will soon be an app for that, or so says the $3.4 million in angel funding the stealthy D.C.-area startup called timeRAZOR has raised. In its pre-launch state, the curious company is already lining up brand partnerships with big names like Marriott and L’Oreal in preparation for its March debut.
But what the… → Read More
Leads360, a consumer sales automation and telephony platform, announced today it has completed a $15 million round of new funding. The round was led by Volition Capital and saw participation from existing Leads360 investor Rustic Canyon Partners.
The company plans to use the funding to expand its product lineup, pursue strategic relationships and raise awareness about its platform. → Read More
Conceptboard, a virtual whiteboard startup, which was in the news recently with their G+ Hangout feature, just announced that’ve raised “a 6-figure funding round” from two German investors. Details of the investment have not been shared publicly, but TechCrunch has learned that it was around 500.000 euros.
It’s the startups series A round, and was led by Germany’s HighTech Gründerfonds and… → Read More
Cloud computing software and service provider Joyent has secured an $85 million round of new funding, the company is announcing today. The round was led by European group Weather Investment II. It also included Telefónica Digital, the growth arm of global telecom giant Telefónica, which participated as a strategic investor. → Read More
Trion Worlds, a lesser known game development company headquartered in Silicon Valley, yesterday gave even further evidence that the “deep end” of online gaming is alive and well, announcing that it has raised an $85 million round of strategic growth equity financing from Ontario Teachers Pension Plan and Bertelsmann Digital Media Investments. The round adds to the $100 million the startup has… → Read More
This is a guest post by Ryan Spoon (@ryanspoon), a principal at Polaris Ventures. Read more about Ryan on his blog at ryanspoon.com.
When raising capital, a combination of your company’s product, vision, team and execution are what ultimately attract investment. And while the pitch deck is ultimately less important than vision and product, it exists to convey both elements and consequently get… → Read More
Personalized web search tool Trapit, often called the sister to Apple’s Siri because both were built on the same artificial intelligence project from DARPA and SRI, has just raised $6.2 million in Series A funding. The round was led by Horizons Ventures, the Hong Kong-based venture fund that manages the investments for Facebook and Spotify investor Li Ka-shing. Horizons also previously invested… → Read More
Chicago-based Eved, an online marketplace for the meeting and events industry, has raised $9.5 million in a Series B round by New World Ventures and MK Capital. The funding will be used to scale and expand the company’s proprietary platform which provides those in the event industry supply chain with a sourcing, marketing and e-commerce solution. → Read More
Enterprise cloud file sharing company Accellion has raised $12 million in a new Series 3 round from private equity firm Riverwood Capital. The company will use the additional funding to accelerate growth, invest in enterprise mobile file sharing products, pursue partnerships and international expansion. → Read More
Today, content discovery platform Outbrain is announcing it has secured $35 million in Series D funding in a round led by Index Ventures. Existing investors Carmel Ventures and Lightspeed Venture Partners also participated in the round. As a part of the deal, Dominique Vidal, partner at Index Ventures, will join the company’s Board of Directors. → Read More
Cloud application services provider Iron.io has just closed a $1.4 million round of seed funding, led by Baseline Ventures, the same investors who led the seed rounds for Instagram, TaskRabbit, Heroku, Weebly and many others. Additional investors participating in this round are Ignition Partners, Cloud Capital Partners, Citrix Systems, Jonathan Siegel, Matt Ocko, Jared Kopf and Lance… → Read More
The discussion regarding copycats of US startups in europe is still an ongoing one, and largely due to the fact that the copycats are often heartless rip-offs. DaWanda, a marketplace for DIY goods, took the successful concept of Etsy, which was founded in 2005, to Europe and has since then grown into a company with 65 employees and 1,9 million products for sale.
But in contrast to other “clones”… → Read More
Virident, a company that offers flash-based storage solutions for enterprise, announced today that it has closed a $21 million series C funding round. The investment was led by Globespan Capital Partners, with strategic investments from Intel Capital, Cisco and contributions from existing investors, Sequoia Capital and Artiman Ventures. The series C round brings Virident to a total of $37 million… → Read More
For SMBs, managing banking and payment processes is not as easy — or as secure — as it should be. So, coming out of stealth today is a Boston-based startup called MineralTree that is looking to fix both of these problems. Tomorrow, at the Small Business Banking Conference in Scottsdale, Arizona, MineralTree will officially launch its first product: A cloud-based banking and payment solution… → Read More
Editor’s note: This guest post is authored by Adeo Ressi, who is the founder of The Founder Institute and TheFunded.com. You can follow him on Twitter here.
Every investor and entrepreneur knows there is something scary about the current startup economy. There is an enormous amount of angel capital available, while at the same time there is a small amount of Series A and a large and… → Read More
Mobile device management company Zenprise, Inc. today announced it has raised $30 million in new financing. The round was led by Silicon Valley-based Greylock Partners, with participation from all of Zenprise’s existing investors.
The investment will be used to support the company’s growth and accelerate product development, sales and marketing efforts. → Read More
ReportGrid, a recent graduate form the 2011 TechStars Boulder class has just raised a seed round in the amount of $750,000. The company, a data analytics as a service offering, is notable for powering its API for analytics and reporting through a cloud-scalable database and visualization engine.
Principal investors in the round included Launch Capital, David Cohen, Walt Winshall, Doug Derwin… → Read More
Slowly, but surely, Vienna is building its own reputation as a startup hotspot and eventually there might be a fight between Berlin, London, Copenhagen and Vienna, although London and Berlin are ahead at the moment. There have been a number of large exits driven by Austrian-born founders (exits from UCP, Jahjah, 3united and last.fm exceed 1 billion USD). Companies such as Wikitude, Runtastic and … → Read More
Stealthy consumer Internet startup Dashlane is announcing today that it has closed $5 million in Series A funding led by New York City-based firms Rho Ventures and FirstMark Capital. Also participating in the round is Dashlane co-founder Bernard Liautaud.
Dashlane won’t say much about its product offering just yet, only that it’s designed to eliminate the hassles involved with filling in… → Read More
MakerBot Industries, creator of home 3D printers, has announced a total of $10 million in funding from a number of investors, the bulk coming from Foundry Group. Also included in the round were Bezos Expeditions, True Ventures, and RRE, along with a dozen or so angel investors.
The company started in 2009 with around $75,000 in seed money, and since then has put together and sold some 5200 of… → Read More
As Groupon’s business in India continues to hit snags, a homegrown daily deal company is quickly snatching up market share in the local deal space. New Delhi-based Snapdeal.com, which, like Groupon features daily deal coupons at discounted rates, announced today that it has raised $40 million in series B funding from Bessemer Venture Partners, along with contributions with existing investors Nexus… → Read More
Totango, a realtime platform that allows software-as-a-service (SaaS) companies to better understand their customers, announced today that it has closed a $3.8 million round of Series A funding, led by Pitango Venture Capital and Gemini Ventures. The Israeli startup will use its latest infusion of capital to ramp up hiring and marketing efforts.
The company is also officially announcing the… → Read More
Crowdtap, a service that allows marketers to easily collaborate with and mobilize targeted crowds of influential consumers, announced today that it has raised $7 million in series A funding. The round was led by Foundry Group, with participation from GSA Venture Partners and social media agency Mr. Youth.
Mr. Youth invested $3 million of seed funding in Crowdtap back in 2009 (and served as an… → Read More
Nodeable, a startup building a cloud-based social platform for systems data, announced today that it has raised $2 million in series A financing, led by True Ventures. The startup will use this infusion of capital to ramp up hiring efforts and continue building its platform, as it moves into private beta. → Read More
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