International Funding Roundup 1st-7th December

The week (Dec 1-Dec 7) was marked with some very prominent and high valued funding rounds with the involvement of some of the well-known brand personalities like Mark Zuckerberg and Bill Gates.

The major segments which drove fundings in this week include Big data analytics, online education, mobile, and wearables. Here is a brief overview:

Clever                                                                                                            

It raised USD 10 Mn in a recent funding round led by Sequoia. The company is a developer of standardized API for K-12 schools to help make online learning easy.

Trifacta                                                                                                           

It is a platform designed for business analysts and data scientists for making data analysis. Trifacta raised USD 12 Mn in Series B round led by Greylock Partners and Accel Partners. The company has now raised a total of USD 16.3 Mn.

Monetate                                                                                                         

The platform basically helps companies in increasing their sales online by analysing information from multiple resources such as website, email, etc. The current round of funding led by OpenView Venture Partners, Common Fund and Lead Edge Capital, infused USD 8 Mn into the company. The total funding raised till date is USD 43 Mn.

Bloc                                                                                                                

It is an online school teaching the web development fundamentals to students around the globe. Bloc raised USD 2 Mn in seed funding in a round led by Harrison Metal, with First Round Capital, Baseline Ventures, and Learn Capital also participating.

Homejoy                                                                                                         

It raised USD 38 Mn across two rounds — a Series A led by Google Ventures and a Series B led by Redpoint Ventures. The startup is working around making home cleaning facilities available at a relatively cheaper cost.

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Carambola                                                                                                     

An Israel based video ad tech startup, Carambola raised USD 4 Mn in Series A round. The funding was led by Pitango Venture Capital, along with 2B Angels, Plus Ventures and Rutledge Vine Capital.

Wywy                                                                                                              

Based out of Germany, the company aims to help monetize TV activities on mobile devices. It raised USD 7 Mn in Series B round of funding with investors name remain to be undisclosed.

Snapsheet                                                                                                      

Originally known as BodyShopBids, the company raised USD 10 Mn in a new funding round. Snapsheet is the maker of mobile car insurance app and has created white-label apps for a number of major car insurance providers, including AIG, MetLife, National General, and USAA.

Ticketland                                                                                                       

A Russian e-ticketing startup, Ticketland raised USD 10 Mn in a funding round led by iTech Capital. The company claims that more than 2 Mn tickets for more than 40,000 events are marketed annually via its outlets and Internet platforms.

Yetu                                                                                                                

A German startup, Yetu raised USD 8 Mn in Series A round led by Bilfinger Venture Capital and KfW. It aims to connect all in-home devices using the same standard, creating a sort of full-home operating system.

 

EducationSuperHighway                                                                                

The startup is a non-profit which provides schools access to check their Internet broadband speeds and guide them to get better and secured connections. It attracted USD 9 Mn in funding from Mark Zuckerberg’s education fund and Bill Gates’s charity fund, Gates Foundation.

Misfit Wearables                                                                                       

The company raised USD 15.2 Mn in a growth round from Horizons Ventures. Misfit is a player in the field of wearable computing and is known for its activity tracker, Shine. Recently, it has also launched an Android app for the same.

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Trufa                                                                                                          

Launched recently, the German based startup is a part of IT company VMS and deals in real time analytics. It aims at improving enterprises operational efficiency and has raised USD 4.5 Mn in series A round of funding by Accel Partners.

Sweetgreen                                                                                               

Based in Washington DC, Sweetgreen is a local organic salad chain catering to the need of finding a better, organic and healthy fast food. It raised USD 22 Mn in funding from Revolution Growth, the investment fund founded by Steve Case, Ted Leonsis, and Donn Davis.

PSafe                                                                                                          

A free antivirus software, particularly for Brazilian market raises USD 30 Mn in series C funding. The investment round was led by Chinese antivirus company Qihoo 360 and the existing investors, Redpoint e.ventures and Pinnacle Ventures.

DataSift                                                                                                           

It raised USD 42 Mn in Series C round led by Insight Venture partners along with existing investors Scale Venture Partners, Upfront Ventures, IA Ventures, Northgate Capital and Daher Capital. DataSift provides a cloud platform to the brands and enterprises for extracting value from their social data.

SumAll                                                                                                         

A business data analytics company for marketers, SumAll raised USD 4 Mn from existing investors, Battery Ventures and Wellington Partners. As a part of additional funding, it also raised USD 1 Mn in debt from Silicon Valley Bank.

Wedo                                                                                                              

A London based online furniture retailer, Wedo raised GBP 3 Mn (USD 4.9 Mn approx.) from MMC Ventures, with participation from existing seed backers Passion Capital and a number of unnamed private equity investors.

Navabi                                                                                                             

An online retailer for plus size fashion, has raised EUR 10 Mn (USD 13.69 Mn approx.) in Series C round. The investors include Seventure Partners and Dumont Venture with the funding round led by Index Ventures.

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Sketchfab                                                                                                       

It raised USD 2 Mn from unnamed investors. The startup provides 3D designers a platform to share their creations online via an in browser viewer.

Swarm Mobile                                                                                                 

It raised USD 3.5 Mn in its first round of funding led by Icon Ventures as disclosed in an SEC filing. Headquartered in San Francisco, the company aims at tracking customer shoppers in traditional brick and mortar stores in order to compete with emerging eCommerce players.

To contact the author, email at meha@wirefootindia.com

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