Startups fundings : Formlabs, Funding Circle, Pinterest, Handybook, Outbrain and Bromium have raised about $366 million.
From Boston-based
3D printing startup Formlabs to New
York-based content discovery platform Outbrain, these fundings will help these startups:
·
Expand
technical infrastructure, to develop and improve their products and services.
Formlabs( founded in 2011, Boston-based 3D printing
startup), has raised
$19 million in Series A funding led by DFJ Growth with participation from Pitango
Venture Capital,
Innovation
Endeavors, and
returning angel investors. For those who unfamiliar, Formlabs is developing an
affordable high-resolution 3D printer. This startup has raised over $22 million
in funding to date.
Funding Circle ( founded in 2009, a London-based
peer-to-peer lending platform), has raised $37 million in Series C funding led
by new investor Accel Partners with participation from Ribbit Capital, Union Square
Ventures, and Index Ventures. This startup allows people to directly lend online
to small businesses in the UK. Funding Circle has raised $58 million in funding
to date.
Pinterest ( founded in 2009, San Francisco-based social
network ),has raised $225 million in Series E funding led by Fidelity
Investments
with participation from current investors Andreessen
Horowitz, FirstMark
Capital, Bessemer
Venture Partners,
and Valiant
Capital Management.
Pinterest will use the capital to accelerate international expansion, develop
monetization strategies, and continue to expand technical infrastructure. Pinterest
has raised over $330 million in funding and is now valued at $3.8 billion.
Handybook ( launched in Jun 2013, Cambridge-based household services provider ),
has raised $10 million in Series A funding from General Catalyst Partners, Highland Capital Partners, and BoxGroup's David Tisch. Handybook will use the funding to expand
outside of New York into Dallas, San Diego, Houston, Atlanta and Seattle.
Outbrain (founded in 2009, New
York-based content discovery platform), has raised $35 million in Series E
funding led by HarbourVest with participation from Carmel Ventures, Index Ventures, Gemini Israel Ventures, GlenRock Israel, Rhodium, Lightspeed Venture Partners, and Vintage Partners.
Connectikpeople may recall
that, Outbrain provides publishes a service for recommended links to increase
traffic and generate revenue. Outbrain has raised nearly $100 million in funding
to date.
Bromium ( founded in 2010, Cupertino-based
micro-virtual enterprise security startup), has raised $40 million in a Series
C round led by new investor Meritech Capital Partners with participation from existing investors Andreessen Horowitz, Ignition Partners, Highland Capital Partners, and Intel Capital. For those who unfamiliar, Bromium's technology captures and stores every
web page, email message, and instant message in their virtual machine, allowing
IT admins to examine malware once an attack has taken place. Bromium has raised
over $75 million to date.