Startups and funding ecosystems: Octro, Gild, Kobalt Music Group, Offerpop, Invaluable and Zenefits can now hire and expand their product offerings.

As, a unique must-attend landmark when it comes to the end-to-end digital transformation, for the companies of all sizes, Connectikpeople.co, recalls that, this rubric is intended to help organizations, investors, enterprises and public sectors to live in real-time what happens in the startups world, in terms of innovations, funding, acquisitions, strategic alliances and more. This instrument can also help you to discover which Venture Capital or Business angel can fund your projects.

Octro (Founded in 2006, India-based mobile gaming company), has raised $15 million in Series A funding from Sequoia Capital. Octro creates mobile, multiplayer versions of popular local games such as Indian Rummy or Tambola. Octro has multiple titles among the top 5 games in India on Google Play and will use the new funds to scale the company.

Gild ( Founded in 2011, San Francisco-based tech hiring startup has raised $13.5 million in a Series B round led by Menlo Ventures with participation from Globespan Capital Partners, SAP Ventures, Correlation Ventures, Steve Anderson, and Mark Kvamme.
With, companies can find and hire software engineers with software that analyzes developers' actual work. Gild has raised over $23 million to date and will use the latest cash to expand its product offerings and grow its headcount.

Kobalt Music Group (founded in 2001, New York-based independent music publisher and music services company has raised $140 million in new funding from Balderton Capital, MSD Capital, and other unnamed investors. Kobalt helps artists and songwriters collect royalties on streamed music, providing clients with a dashboard that detects and reports song plays and sampled tracks. Founded in 2001, Kobalt currently collects royalties on behalf of over 2,000 high-profile clients including Paul McCartney and Disney, and will use the new funds to attract more musicians to its service and make business deals with additional music streaming platforms.

Offerpop ( Founded in 2009, New York-based digital marketing platform), has raised a $15 million Series C round led by Edison Ventures with participation from Salesforce.com and Hearst Ventures. Offerpop develops software to help brands turn social media posts into marketing material and consumer intelligence. Founded in 2009, Offerpop has raised nearly $25 million to date and will use the new funds to hire 100 additional employees, develop and release new software tools, and scale
operations overseas.

Invaluable  ( Founded in 1989, Boston-based online auction marketplace) has raised $33.8 million in a Series D round led by Insight Venture Partners with participation from Ascent Venture Partners and Commonwealth Capital Ventures. Invaluable is the world's largest online auction marketplace of art, antiques, collectibles, and estate auctions. Invaluable plans to use the new cash to accelerate growth, hire additional employees and develop strategic partnerships.

Zenefits ( Launched in 2013, San Francisco-based HR and benefits startup), has raised $66.5 million in a Series B round led by Andreessen Horowitz and IVP with participation from SV Angel, Hydrazine Capital, Elad Gil, and Jared Leto. Zenefits simplifies the HR process for companies by providing a simple SaaS platform that manages payroll, benefits, HR, and compliance all in one place. Zenefits has now raised $84 million in funding to date.

Popular Posts