Startups fundings: MomentFeed, Yodo1, Egnyte now can fund their international expansion and strategic product development.
If unfamiliar,
Connectikpeople recalls that, this rubric is intended to help organizations,
and investors to live in real-time what happens in the startups world; in terms
of fundings, acquisitions, strategic alliances and more. Regarding the emerging
countries, and startups, this is an instrument for them to discover which
Venture Capital or Business angel can fund their projects.
In this momentum, MomentFeed (Founded in 2012, Santa Monica-based mobile marketing
platform ),has raised $5.5 million in a Series A round led by Signia Venture Partners with participation from Draper Nexus, DFJ Frontier, Double M Partners, and Daher Capital. This company helps brands engage with mobile consumers through integrated
marketing platforms. MomentFeed has raised over $8 million in
funding to date.
funding to date.
Yodo1 ( Founded in 2013 a Beijing-based mobile game publishing platform), has raised $11 million in
funding led by GGV Capital with participation from Pavillion Capital, Iris Capital, and SingTel Innov8. If unfamiliar, Connectikpeople recalls that Yodo1 co-produces localized
games with art and music tailored to local tastes.
With about 90 million active
monthly users in China, has raised a total of $18 million and will use the
latest funding to expand its model to Japan and Korea.
Egnyte ( Founded in 2006, a Mountain
View-based hybrid cloud file sharing company), has raised $29.5 million in
Series D funding from Northgate Capital Group, Seagate Technology, and CenturyLink, with
participation from previous investors Google Ventures, Kleiner Perkins Caufield & Byers, and Polaris Partners. Egnyte, claims over 40,000 customers, and plans to use this recent capital
to fund international expansion and strategic product development. Egnyte has
raised nearly $67 million in funding to date.