Startup Fundings: Ranku, Futurelytics and The Honest Company have raised +$26 million.

For those unfamiliar, Connectikpeople can recall that, fundraising is often needed to scale the company and generate exponential growth.

In this case, we can observe that, Ranku  (founded in June 2013, New York-based online degree discovery engine), has raised $650,000 in additional seed funding from Microsoft Ventures. Backed by Mark Cuban, Connectikpeople has observed that, Ranku aims to help students find and compare online degree programs from non-profit universities. Ranku will use the new capital to continue building out its university

search platform.

Futurelytics (Czech data analytics startup), has raised $800,000 in a seed round led by Index Ventures and Credo Ventures with participation from Kima Ventures and business angel Rob Keve.

Connectikpeople has observed that Futurelytics aims to make big data easily accessible to small businesses, providing prescriptive analytics for small enterprises primarily in CRM and the e-commerce sector. Futurelytics will use the capital to build out its platform that already has 40 companies signed up with 250 more on the waiting list.

And finally, The Honest Company ( founded in 2011, Santa Monica-based clean-living startup), has raised $25 million in a funding round led by Institutional Venture Partners and Iconiq Capital with participation from existing investors Lightspeed Venture Partners and General Catalyst Partners. For those who unfamiliar, The Honest Company is a subscription e-commerce service that sells eco-friendly, non-toxic family oriented products such as diapers, skin care and cleaning products.

Connectikpeople has observed that, with over $50 million in total funding raised, the startup plans to use the latest capital to fund international expansion and new product development.