Startups fundind: AgLocal, Synack , ShopKeep, Stitch, Peloton, Wish can now accelerate their expansions.
AgLocal (Founded in 2011, San
Francisco-based meat marketplace), has raised $1.3 million in new funding;
round led by Chicago Ventures with participation from Sam Yagan, Bob Trahan, and all prior investors. Connectikpeople.co recalls that, AgLocal is a consumer-facing service
for online shoppers to browse meat products from family-operated farms. AgLocal
has raised $3.8 million to date and will begin offering its consumer subscription
service in
May 2014.
Synack ( Founded in 2013, Menlo
Park-based security startup), has raised $7.5 million in a Series A round led
by Kleiner Perkins with participation from Google Ventures, Greylock Partners, Allegis Capital and Derek Smith. This startup helps businesses secure their data and networks through its
crowdsourcing platform for identifying cyber-security holes. Synack will use the new funds to expand
its network of security experts and hire a sales and marketing team.
ShopKeep (Founded in 2008, New
York-based point of Sale Company) has raised $25 million in a Series C funding.
Round led by Thayer Street Partners with participation from previous investors Tribeca Venture Partners, TTV Capital, Contour Ventures, and Canaan Partners along with individual investors Tom Glocer and Matt Coffin. ShopKeep is a cloud-based
point of sale system and data analytics platform for merchants. ShopKeep has raised $38 million to date
and will use the new cash to fund geographic expansion and consumer
acquisition.
Peloton (Founded in 2012, New York-based fitness startup) has
raised $10.5 million in a Series B round led by Tiger Global Management with participation from angel investors. This startup
sells tablet-equipped, interactive exercise bikes online and through three
stores in the New York metropolitan area. Peloton
has raised more than $14 million to date and will use the new funds to ramp
up production and open its first indoor cycling studio.
Stitch (Founded in 2013, San
Francisco-based sales productivity platform),has raised $3.25 million in seed
funding from Google Ventures, SoftTech VC, Freestyle Capital, Foundation Capital, ENIAC Ventures and a handful of angels. Stitch provides salespeople with data and information to improve
response times and close more deals. Stitch
is currently in private beta.
Wish (Founded in 2011, San Francisco-based mobile shopping
app), has raised a $19 million round led by GGV Capital and Formation 8 with participation from Jerry Yang and existing seed investors. With Wish, you can view a personalized feed
of goods and create lists. In fact, Wish
provides shopkeepers with a platform to run highly targeted offers. Wish will use the new cash to fund
international expansion.