Startups fundings: Shake, Locality and CoachUp can now expand their activities.



As usual, for those who unfamiliar, Connectikpeople can recall that, fundraising is often needed to scale the company and generate exponential growth. This rubric also aims to help organizations, governments and techpreneurs, to knock the right door when they are looking for funds.

In this dynamic, Shake (Founded in 2012, New York-based legal agreement platform), has raised $3 million in a Series A round led by SoftBank Capital with participation from existing investor RRE Ventures and new investors BoxGroup, ENIAC Ventures, Mesa+, WGI Group, and Patrick Keane. For those who unfamiliar, Shake allows users to create, sign, and send legally binding agreements from their phones through its mobile app, aiming to simplify the legal agreement process. Shake first launched for
iPhone two months ago and has already seen 80,000 downloads.

Locality(Founded in 2011, New York-based local search engine formerly Centzy), has raised $4.3 million in new funding led by Matrix Partners with participation from Cowboy Ventures and ff Venture Capital. Locality aims to make every local business searchable online, and currently covers 10,000 U.S. cities with over 60 services in 15 categories. Locality has raised over $7 million in funding.

CoachUp (Boston-based private coaching platform), has raised $6.7 million in a Series A round led by Point Judith Capital and General Catalyst Partners with participation from Data Point Capital, Suffolk Equity Partners, Breakaway Ventures, and a handful of individual investors.
CoachUp is private coaching company, connecting athletes with private coaches in sports ranging from basketball and football to yoga and dance. CoachUp will use this capital to build out a national brand presence and to expand CoachUp's customer base and product offering.

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