Fundings & Exits
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New Firm Combines Wearables And Data To Improve Decision Making
Humanyze, a unique new firm spawned in the MIT Media Lab, has developed a system that uses a smart employee badge to collect employee behavioral data, which it links to specific metrics with the goal of improving business performance. It announced $1M in seed funding today. The funding was led by Romulus Capital with contributions from Boston Seed and dunnhumby Ventures. Humanyze… Read More
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Sparta, The Gamified Sales Platform, Gets Backing From Spotify Managers And Other Swedish Angels
Sparta, the Stockholm-based startup that provides an online platform to help sales managers more easily run sales competitions, has picked up a very modest €100,000 round of funding. However, its new backers are perhaps more noteworthy. More Fear And Laundry In London As Lavanda Launches Its ‘True’ On-Demand Laundry Service
Chalk this up as the latest instalment of ‘Fear And Laundry In London‘. Lavanda, co-founded by Guy Westlake, who was previously same-hour delivery company Shutl’s Head of Marketing, is the latest startup to buy the on-demand laundry ticket and take the ride. Main Street Hub Lands $20M To Bring Social Media Marketing To Small Business
Main Street Hub, a company that helps mom and pop businesses run social media marketing, customer relationship management (CRM) and marketing automation recently announced it has received $20M in debt financing from Silicon Valley Bank. The company has raised a total of $40M. The most recent funding before this announcement was $14M in Series B in January, 2014. It has 6000 subscribers who… Read More
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RapidMiner Picks Up $15M More To Scale Its ‘Business Source’ Data Analytics Service
This week, RapidMiner announced that it has raised a $15 million Series B round of capital. The company had previously raised a total of $5 million, bringing its total capital tally to $20 million. The round was co-led by Ascent Venture Partners and Longworth Venture Partners. RapidMiner, headquartered in Cambridge, Mass., provides what it describes as “code-free” analytics tools.… Read More
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A Year Later, $19 Billion For WhatsApp Doesn’t Sound So Crazy
Messaging is the center of mobile. Snapchat is raising at around a $20 billion valuation. And no one cares who owns apps. On February 19th, 2014, we didn’t know any of these things for sure. So when Facebook announced it would pay $19 billion to acquire WhatsApp — an app most American pundits had never used — it seemed ludicrous. Zuck had to be crazy, right?
Wrong.
Without… Read More
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ArmorText Raises $2 Million For Its Secure Mobile Messaging Service For Enterprise
A company called ArmorText, which is developing a secure messaging client for the enterprise designed to meet the needs of those in regulated markets, has just raised nearly $2 million in outside funding. The round, which is still ongoing, may top that number when it fully closes. Leading the round for the Washington D.C.-based startup was the micro fund Cervin Ventures. Other private… Read More
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SkyGiraffe Raises $3M More To Help Companies Build Mobile Apps
SkyGiraffe, a startup that helps companies quickly build and deploy apps, has raised a $3 million Series A round of capital, led by Trilogy Equity Partners. Prior investor 500 Startups participated in the capital event. Trilogy, unsurprisingly, picked a board seat as part of the round. The market that SkyGiraffe focused on, custom apps for businesses, is a hot space at the moment. Earlier… Read More
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Samsung Acquires LoopPay, Maker Of An Apple Pay Competitor
Samsung has acquired LoopPay, the companies announced today. The acquisition confirms earlier rumors that suggested the two were working closely together on an upcoming project, and suggests Samsung could make use of LoopPay’s technology to offer is own Apple Pay competitor on future devices. LoopPay even advertises its solution as an alternative to Apple Pay for non-Apple device makers,… Read More
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Bessemer Looks Forward With New $1.6B Fund
Bessemer Venture Partners (BVP) announced its latest investment fund today with $1.6B in investments. It has dubbed it BVP IX. It follows a highly successful BVP VIII. Byron Deeter, a partner at BVP says this is just part of the normal fundraising cycle for the company. They are reaching the end of the previous cycle when they launched BVP VIII, and as the funds from that round have… Read More
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