The kitty is encouraging;
but the most exciting resides in Series A, where four startups can now accelerate their development
and expansion in terms of: marketing, product, markets and customer experience. Nearly $753M captured this
week by Connectikpeople.co.
Segments of the market
including: social bookmarking site; social media streams; Analytics, Web Development, and Business
Intelligence lead these Series
of funding.
Major Investors mostly from USA include: Sequoia Capital; DAG Ventures ; Hummer
Winblad Venture Partners ; Venrock ; Institutional Venture Partners (IVP) ;
Credit Suisse ; Bessemer Venture Partners, and Andreessen
Horowitz have been more active.
Overall, Connectikpeople.co recalls that:
Reltio ($10M / Series A), creates
applications to help business users make decisions
based on data. Reltio will use the funding to accelerate product
development and expand sales and marketing initiatives.
Favor ($13M / Series A) is a personal delivery service focused on grocery store and restaurant
delivery. Founded in 2012 and based in Austin, Favor will use the new cash to
improve customer service and expand into additional cities.
Sakti3 ($20M
/ Series C), is developing solid-state rechargeable lithium ion battery
technology to safely store more
energy in smaller spaces. $15 million of the total raised is coming from Dyson,
who will help commercialize Sakti3's batteries.
Fundbox ($40M
/ Series B), leverages deep data analytics to accelerate cash flow and clear invoices for small businesses. Founded
in 2012, Fundbox has raised $57 million to date and will use the new cash to
expand its customer base.
Remitly($12M
/ Series B) is a mobile payments service that enables users to make person-to-person international money
transfers from the United States. Remitly will use the new funding to expand to
new markets, grow its team and boost marketing.
Shuddle ($9.6M
/ Series A) is a ride hailing service focusing on children and elderly people. Shuddle will use the funding to
expand into new markets.
Quid ($39M
/ Series D) is an artificial intelligence company that allows users to search and process millions of indexed
documents and visually map answers. Quid launched its current platform in 2014
and will use the new funding to expand its product and engineering
capabilities.
Rover ($25M
/ Series E) is an online community connecting dog owners with trusted dog sitters. Founded in 2011, Rover
has raised $50 million to date and connected dog owners to more than 40,000
sitters in 10,000 U.S. cities.
Maple ($22M
/ Series A) is opening a delivery-only kitchen in New York City. Launching in the next few months, Maple will use the
funding to build out its infrastructure, marketing, and product development.
Pinterest($367M / Series G) is a social bookmarking site with a virtual pinboard interface that visually
showcases the user's interests. Founded in 2009, Pinterest has raised $1.1
billion to date and is now valued at $11 billion.
Dataminr ($130M / Series D) crawls and analyzes social media streams to create alerts for traders, reporters and
government agencies. Dataminr is now valued at $700 million and will use the
funding to expand geographically and into new enterprise verticals.
$65M / Series F, for Analytics · Web Development · Business Intelligence.
