Startups funding: Rocketmiles, CloudLock, and Medium can now expand their activities and strengthening its technology.



If unfamiliar, Connectikpeople.co 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 funding, 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.

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.

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