Funding: SpareFoot, d.light, and Shape Security can now accelerate product development and commercial expansion.



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.

SpareFoot (Founded in 2008, Austin-based self-storage marketplace), has raised $10 million in a new funding, from Insight Venture Partners. This free online marketplace lets users find and reserve storage units in the U.S. and provides a platform for local storage facilities to list rates and availability. SpareFoot has raised about $6 million to date and will use the new funds to expand engineering teams and
continue building out its platform.

d.light ( Founded in 2007, Palo Alto-based alternative power company), has raised $11 million in Series C funding from DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures. If unfamiliar, Connectikpeople.co recalls that, d.light manufactures and distributes affordable solar lighting and power products, providing households and small business throughout the developing world with access to power and renewable energy. d.light has raised over $22 million to date and will use the latest funding to accelerate product development and expand distribution in developing markets.

Shape Security (Mountain View-based web security startup),  has raised $40 million in Series C funding led by new investors Norwest Venture Partners and Sierra Ventures with participation from Kleiner Perkins, Venrock, Google Ventures, TomorrowVentures, and Allegis Capital. With its ShapeShifter product, Shape Security fights automated malware and bots with a firewall that shifts its shape depending on the attacker. Shape has raised $66 million to date and will put the new funds toward continued development of ShapeShifter and building out its global salesforce.

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