Startups and funding ecosystems: Octro, Gild, Kobalt Music Group, Offerpop, Invaluable and Zenefits can now hire and expand their product offerings.
As, a unique must-attend
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companies of all sizes, Connectikpeople.co, recalls that, this rubric is intended to help
organizations, investors, enterprises and public sectors to live in real-time
what happens in the startups world, in terms of innovations, funding, acquisitions,
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which Venture Capital or Business angel can fund your projects.
Octro (Founded in 2006, India-based mobile gaming company), has
raised $15 million in Series A funding from
Sequoia Capital. Octro creates mobile, multiplayer versions of
popular local games such as Indian Rummy or Tambola. Octro has multiple titles
among the top 5 games in India on Google Play and will use the new funds to
scale the company.
Gild ( Founded in 2011, San
Francisco-based tech hiring startup has raised $13.5 million in a Series B
round led by Menlo Ventures with participation from Globespan Capital Partners, SAP Ventures, Correlation Ventures, Steve Anderson, and Mark Kvamme.
With, companies
can find and hire software engineers with software that analyzes developers'
actual work. Gild has raised over
$23 million to date and will use the latest cash to expand its product
offerings and grow its headcount.
Kobalt Music Group (founded in 2001, New York-based independent music
publisher and music services company has raised $140 million in new funding
from Balderton
Capital, MSD Capital, and other unnamed investors. Kobalt helps artists and songwriters collect royalties on streamed
music, providing clients with a dashboard that detects and reports song plays
and sampled tracks. Founded in 2001, Kobalt currently collects royalties on
behalf of over 2,000 high-profile clients including Paul McCartney and Disney,
and will use the new funds to attract more musicians to its service and make
business deals with additional music streaming platforms.
Offerpop ( Founded in 2009, New York-based digital marketing platform), has raised a $15 million
Series C round led by Edison Ventures with participation from Salesforce.com and Hearst Ventures. Offerpop develops software to help brands turn social media posts into
marketing material and consumer intelligence. Founded in 2009, Offerpop has
raised nearly $25 million to date and will use the new funds to hire 100
additional employees, develop and release new software tools, and scale
operations overseas.
Invaluable ( Founded in 1989, Boston-based online auction marketplace) has raised
$33.8 million in a Series D round led by Insight Venture Partners with participation from Ascent Venture Partners and Commonwealth Capital Ventures. Invaluable is the world's largest online auction marketplace of art,
antiques, collectibles, and estate auctions. Invaluable plans to use the new cash to accelerate growth, hire
additional employees and develop strategic partnerships.
Zenefits ( Launched in 2013, San Francisco-based HR and benefits startup), has raised $66.5 million in
a Series B round led by Andreessen Horowitz and IVP with participation from SV Angel, Hydrazine Capital, Elad Gil, and Jared Leto. Zenefits simplifies the HR
process for companies by providing a simple SaaS platform that manages payroll,
benefits, HR, and compliance all in one place. Zenefits has now raised $84 million in funding to date.