Tech fundings: Level, DogVacay, Lookout, LiquidM, The Fabric have bolstered their ambitions.
With this new series, we can
observe how these funds will be essentials for these companies.
Regarding Level (founded in 2012, a San
Francisco-based finance-management app), has raised $5 million in Series A
funding led by Kleiner Perkins Caufield & Byers with participation from a handful of angel investors.
For those who unfamiliar,
Level makes personal finance simple and seeks to expand to accommodate bigger
financial issues in the future, such as paying off student loans and
buying
cars.
DogVacay ( founded in 2012, a Santa Monica-based dog-sitting community ), has
raised $15 million in a Series B round led by Foundation Capital with participation from existing investors Benchmark and First Round Capital. DogVacay connects traveling pet owners with available in-home pet
sitters.
Lookout ( founded in 207, a San Francisco-based mobile security software), has
raised $55 million in strategic financing in a round led by Deutsche Telekom with participation from Qualcomm Ventures, Greylock Partners, Mithril Capital Management, Accel Partners, Andreessen Horowitz, Index Ventures, and Khosla Ventures. Lookout will use the capital to continue its international expansion and
invest in security beyond mobile devices.
LiquidM (launched last week, a San Francisco-based mobile ad management
platform), has raised $5 million in Series A funding from Blumberg Capital, Earlybird Venture Capital, and Asset Management Ventures. This platform manages everything
from premium to performance ads, serving as an agnostic technology provider.
The Fabric (launched in 2012 a Palo Alto-based startup incubator), has raised $10.5 million in funding
from a number of investors including Sand Hill Angels and Hitachi to continue
co-creating networking startups.
Connectikpeople may recall
that, The Fabric develops ideas for startups and then finds teams to carry them
out, taking a founder's stake in each project.