Startups funding: Rocketmiles, CloudLock, and Medium can now expand their activities and strengthening its technology.
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and investors to live in real-time what happens in the startups world; in terms
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can
fund their projects.
Rocketmiles (Founded in 2012, Chicago-based travel rewards startup), has
raised $6.5 million in a Series A round led by August Capital with participation from past investors Peterson Ventures, Link Ventures, and Atlas Venture, new investors include: Chicago Ventures and Match.com CEO Sam Yagan. This startup helps frequent fliers earn additional miles by booking hotel
stays through its site, offering an average of 7,000 miles per hotel booking. Rocketmiles has raised $8.5 million to
date, and will use the latest funds to conquer new customers and for international
expansion.
CloudLock ( Founded in 2007, Massachusetts-based cloud data
security startup), has raised a $16.5 million Series C round led by Bessemer Venture Partners with participation from previous investors Cedar Fund and Ascent Venture Partners. CloudLock helps enterprises secure data on Google Apps and Salesforce.com
but will use the new funds to expand beyond these two platforms. CloudLock has
raised $28.2 million in funding to date.
Medium ( founded in 2012, San
Francisco-based blogging platform), has raised $25 million in a round led by Greylock Partners with participation from Google Ventures and a variety of angels including Chris Sacca, Ron Conway, and Peter Chernin. Medium will use the funds to expand its content strategy and
strengthening its technology.