The Funding Box provides information on venture capital/private equity and startup funding. Here’s a list of top startup funding stories.
EventBoard, a Salt Lake City-based developer of cloud-based meeting tools and analytics that help companies reclaim meeting productivity, has raised $6.5 million in Series A funding round.
Greycroft Partners led this funding round, with participation from Origin Ventures and existing investor Zetta Venture Partners. EventBoard, which has $8 million in capital to date, plans to use the funds to expand its operations. Based in Salt Lake City, Utah, Eventboard is a cloud-based software and analytics platform for meeting management and analysis. It provides employee-focused meeting tools and activity-driven insights, which include conference room displays, streamlined visitor management, and detailed space use analytics.
Fiverr, a New York-based freelance services marketplace has raised $60 million in funding round. Square Peg Capital led this funding round, with participation from existing investors Bessemer Venture Partners, Accel Partners and Qumra Capital. Fiverr, which has raised $110 million in total funds, plans to use the fresh capital to increase adoption among freelancers and to continue to roll out new services and packages. Founded in 2010 and based in New York City, Fiverr is a marketplace for digital services which allows buyers to choose from a large catalog of pre-packaged services ranging from blogging to graphic design and copywriting. Fiverr has offices in New York City, Chicago, Miami and Tel Aviv.
CircleUp, a San Francisco-based equity crowdfunding platform, has raised $30 million in Series C funding led by Collaborative Fund, with participation from Capital One co-founder Nigel Morris, and former CEOs and presidents of Goldman Sachs, Thomson Reuters, and the Stanford Endowment. The new funds will be used to further develop product and expand data teams. Based in San Francisco, California, CircleUp provides a marketplace for equity investments in private companies. Currently, more than 120 companies have raised funds totaling over $135 million.
Eyefluence, a Milpitas-based developer of an eye-interaction technology platform for augmented reality (AR), virtual reality (VR) and mixed reality (MR) devices, has raised $14 million in Series B funding round led by Motorola Solutions Venture Capital, with participation from Jazz Venture Partners, NHN Investment, and Dolby Family Ventures, as well as other strategic and existing investors. Based in Milpitas, California, Eyefluence is advancing technology going beyond traditional eye-tracking, harnessing natural eye movement, enabling users to do anything they can do with fingers on a mobile device with their eyes on smart glasses.
TigerText, a Santa Monica-based provider of secure communications and workflow platform for the enterprise, has raised $50m in Series C funding led by Norwest Venture Partners, with participation from Invus Group and Accolade Partners, as well as existing backers Shasta Ventures, OrbiMed, and Reed Elsevier. The fresh capital will be used to accelerate market adoption of its messaging app and the build-out of its Platform-as-a-Service. Based in Santa Monica, California, TigerText provides real-time mobile encrypted messaging for the enterprise to keep communications safe, improve workflows, and comply with industry regulations. TigerText’s solution is used by more than 5,000 facilities, including four of the top largest for-profit health systems in the United States.
Shop.Co, a San Francisco-based developer of a browser extension that allows consumers to buy online via a smart button, has raised an additional $2 million in seed funding. Investors include Silicon Valley Bank, Commerzbank, Seed Capital Dortmund, and Tripos. Based In San Francisc$o, California, Shop.Co provides consumers a personal Buy Button that uses Artificial Intelligence (AI) to compare and automatically complete any purchase transaction on any website.
Swrve, a San Francisco-based marketing automation platform, has $21.3 million funding round led by Evolution Media Partners, TPG Growth and Participant Media, and the Ireland Strategic Investment Fund. Existing investors Acero Capital, Atlantic Bridge, Enterprise Ireland and Enterprise Equity also participated in the funding round. In addition, Swrve announced that it has acquired Adaptiv.io, a data-automation platform for mobile. Swrve will use the Adaptiv technology to launch a new product called Swrve Amplify, which enables mobile marketers to build cross-channel campaigns based on real-time targeting data.
Founded in 2010 and based in San Francisco, California, Swrve is a leading mobile marketing engagement platform. Swrve provides the marketing tools required to drive meaningful user engagement, retention, and revenue. The company has about 100 employees and offices in Dublin, Ireland; New York; Prague; and London. Customers include Warner Bros., The Guardian, Condé Nast, Microsoft, Glamsquad, Travelex, Salesforce, and Oracle.Swrve had previously raised $24 million; its latest financing round together with the Adaptiv.io acquisition brings the value of its Series C funding round to $30 million.