Funding this week in digital-based services.
We are far away from the ($1.394 Billion) grab last week. About $ 404 million have been generated
this week from exciting investors progressively aware of the potential of the
digital economy.
Major firms like
Accel Partners, Matrix Capital Management, Google Ventures and angel investor Michael Dell have
been more actives with a global amount of $ 171 Million invested respectively
in cloud accounting software and in digital music services.
Series A and C
have been the most actives funding levels, including services like: smart motorcycle helmet, digital
music services, online home-selling and more.
Overall Connectikpeople.co
observes that:
Skully ($11M / Series A) is a smart motorcycle helmet maker that
raised $2.5 million last year in one of Indiegogo's most successful campaigns
ever. The company will use the funding to hire new engineers and speed up
manufacturing of Skully's first smart helmet, the AR-1.
Kobalt ($60M / Series C) helps music rights holders collect royalties across different digital music services. Kobalt's music tracking today covers 400 million people, and the company aims to expand to additional streaming services to 1.5 billion people in the next six months.
Nasty Gal ($13M / Series C) is an online fashion site that sells vintage clothing, shoes and accessories. Founded in 2006, Nasty Gal will use the new funding to open a second retail store and grow the business.
Lytro ($50M / Series C), creates light-field camera technology to enable
photographers to capture the entire light field around a picture, all in one
shot taken on a single device. Founded in 2011, Lytro will use the new $50
million to bring its unique camera tech to video and virtual reality.
Luxe Valet ($20M / Series A) is a valet parking service powered by mobile app. Launched in San Francisco
last October; Luxe will use the funding to expand both its availability on new
devices and in new cities.
Opendoor ($20M / Series B) is an online home-selling service aimed at
streamlining the sales process down to a few days. Launched in Pheonix in
December, Opendoor is purchasing about one home each day and will use the new
capital to expand quickly into Portland and Dallas.
Mack Weldon ($4.0M / Series A), is a basics brand for men that offers
socks, underwear and undershirts. Launched in 2012, Mack Weldon sees 6,000
orders coming in each month and will put the latest funding toward marketing
and building out its website and app.
GuideSpark ($22M / Series C), helps HR organizations deliver
communications and training solutions by turning paper-based employee
communications into mobile, interactive content and video. Founded in 2008,
GuideSpark has raised $42 million to date and will use the new round to hire
more staff and further develop its product.
DriverUp ($50M / Series A) is an online marketplace built
exclusively for automotive financing. Founded in 2012, DriverUp is using the
new funding to launch and scale its financing marketplace for individual
accredited investors.
LoungeBuddy ($3.0M / Series A) is a resource for travelers to
be able to locate, review, and access airport lounges around the world. Founded
in 2013, LoungeBuddy has raised $4 million to date and is now valued at $18
million.
Telltale Games ($40M / Series D) is a digital publisher that develops interactive episodic video game series. Founded in 2005,
Telltale has produced hits including The Walking Dead and Game of Thrones, and
will use the new cash to create an original TV show/video game hybrid.
Xero ($111M / Post IPO
Equity) is a cloud accounting Software
Company, listed on the NZ Stock Exchange that counts over 400,000 small
business customers. Xero will use the new money to grow its business in the
North American market.