Funding Daily: The $40M cab ride

This post is by J. O'Dell from VentureBeat

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Here are the day’s funding stories:

Easy Taxi catches $40M

Insta-cab mobile app Easy Taxi just raised $40 million in its fourth round of funding to make its service more widely available. The Berlin-based company launched in 2011 out of tech incubator Rocket Internet, known for creating clones of successful tech products. Easy Taxi is one of the main go-to apps for people in search of a quick ride in Latin America, Africa, Asia, and the Middle East. The company has roughly 185,000 drivers in its network and operates in more than 160 cities worldwide.

Read more on VentureBeat: Cab hailing app Easy Taxi raises $40M so you catch a ride in more places around the world

Bright Computing raises $14.5M

Bright Computing, which helps companies manage Linux clusters, has picked up $14.5 million in Series B funding. Founded in 2009, Bright says it now has more than 400 customers worldwide, including 20 in the Fortune 500. The backers include Draper Fisher Jurvetson (DFJ) and DFJ Esprit, with participation from Prime Ventures and existing shareholder ING Corporate Investments. This brings the company’s total money raised to $17.5 million.

Read more on VentureBeat:  Bright Computing raises $14.5M to expand services for Linux cluster management

Leanplum nabs $4.8

Imagine being able to control all aspects of your mobile app remotely from one central place, including push notifications, updates, A/B testing, and more. One company, Leanplum, is making that possible. Today it announced it has closed a $4.8 million first round of institutional funding. In short, Leanplum is a one-stop shop to manage your app. The company offers content management, A/B testing, analytics, and now, marketing automation as well (in-app messages and push notifications).

Read more on VentureBeat: Leanplum’s one-stop shop for mobile app management and marketing nabs $4.8M

Thinknum gets $1M

Financial analysts pour hours of their time into updating spreadsheets in Excel, or they spend time sitting at pricey Bloomberg terminals. Thinknum founders Justin Zhen and Gregory Ugwi have lived through these horror stories and cooked up a web-based tool that could bring analysts into the 21st century. Today Thinknum announced a $1 million seed round that will help it hire more engineers and build its service, which already has a whole bunch of features.

Read more on VentureBeat:  Thinknum’s web-based financial modeling gets $1M in validation

Birdi raises $700K

CNRY, Inc. announced today that it has raised $700,000 in new seed funding. The company, better known as Birdi, is dedicated to building a “better” smoke alarm. This alarm will be connected to mobile devices via Wi-Fi to give users updates on air quality. Birdi’s smoke alarm is still in the testing phase, but it is available for preorder. The smart alarm is not only designed to detect a fire but carbon monoxide fumes, as well, which can be fatal if inhaled. Additionally, the Birdi alarm tracks the air quality inside of the home, giving users information on temperature, humidity, pollen, particulates and pollution. People who have an iOS or Android device will be able to access this data directly on their phones.

Read more on VentureBeat: Birdi raises $700K to begin manufacturing a ‘smart’ smoke alarm

Funding Daily: A big day for financial software

This post is by J. O'Dell from VentureBeat

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Funding Daily: A big day for financial software
Image Credit: Shutterstock

Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.

Here are the day’s funding stories:

Freshbook gets $30M

Cloud accounting services firm Freshbooks just claimed $30 million in its first round of funding — not too shabby. The invoicing service lets small businesses manage their network of contractors via web and mobile and rate them. Cloud accounting is a vibrant field with lots of competitors, the most notable of which is the well funded Xero, which at last check had $150 million in funding and was aiming to rival Intuit’s Quickbooks. So Freshbooks has its work cut out for it.

Read more on VentureBeat: Freshbooks gets $30M for its cloud accounting services

Social Point raises $30M

Gamers rejoice! Social Point, mobile game developer, just landed $30 million in funding to build additional games and expand into the Asian market. Breeding games are Social Point’s specialty, including the likes of Monster Legends and Dragon City. The new funding will allow the company to expand the breeding game category into something called Mobile Action Social Strategy, or MASS, games, which allow players to play for greater lengths of time and with more social interaction. Three new titles are expected to launch this year and four more in 2015.

Read more on VentureBeat: Mobile game developer Social Point raises $30M to go to Asia

Taluia grabs $27M

Financing and managing supply chains can be challenging for some business, but one startup is providing them with an alternative means to keep the balance sheets going. Taulia is a San Francisco-based provider of software for helping suppliers manage their financing, and today it announced it has raised $27 million in new funding, the company’s fourth round.

Read more on VentureBeat: Taulia gives businesses discounts for paying their invoices early, gets $27M

Airware takes $25M

Drone systems startup Airware just snagged $25 million to launch a cloud operating system for drones networks. The company’s aerial OS allows autonomous commercial drones to legally collect, analyze, and distribute data within its platform. Basically it’s infrastructure in a box. What it does is create a cloud-based network where all your drone applications live and connects them to whatever hardware components you want.

Read more on VentureBeat: Startup Airware raises $25M to help bring more commercial drones to market

Quandoo raises $25M

If you want to select a restaurant, make a reservation, and pay your bill all within the same service, Quandoo offers a solution. And the company just closed a round of growth financing amounting to $25 million that will allow it to expand across Europe and establish a presence in the Asia-Pacific and additional Latin markets. The Series C financing round was led by Piton Capital. Previous investors also participated: The Sixt family (which led the seed round), Holtzbrinck Ventures and DN Capital (which led the A and B rounds), and Texas Atlantic Capital, all contributed to this growth round.

Read more on VentureBeat: Quandoo gets $25M to extend restaurant reservation platform to new markets

Synapsify takes $850K

Synapsify, a startup with the ability to rank the most important statements in a sea of text, has brought in $850,000 in new funding. In addition to announcing the funding today, Synapsify also launched a new web-based “virtual analyst” that recommends the specific text that’s worth paying the most attention to. People can upload a spreadsheet, and the service can analyze the data and allow for filtering, prioritizing, and reporting. From there, things really get interesting, as the system can suggest what to focus on when people upload similar data sets in the future, Synapsify co-founder and chief executive Stephen Candelmo said in an interview with VentureBeat.

Read more on VentureBeat: Text-analysis startup Synapsify slurps up $850K

Screen Shot 2014-07-15 at 10.53.56 AMOur upcoming GrowthBeat event — August 5-6 in San Francisco — is exploring the data, apps, and science of successful marketing. Get the scoop here, and grab your tickets before they’re gone!  

Funding Daily: Should I stay or should I go now?

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Funding Daily: Should I stay or should I go now?

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Searching for an apartment or getting away on a vacation — either way, VCs gotcha covered. Here are the day’s funding stories:

Urban Compass nabs $40M

Home buying and apartment rental company Urban Compass just raised $40 million from investors, bringing its total valuation to $360 million. Urban Compass streamlines the apartment renting process. Prospective renters and home buyers can search listings and arrange viewings on the website and mobile app. When the company first started its brokers worked on salary, not commission. The hope was that brokers would be more inclined to find the right apartment for you rather than pressing you to sign a lease. However, they’ve since moved to a commission based model. “We wanted to recruit the best, most experienced agents out there. And to attract the best and the brightest, we changed our compensation model to that of commission-based,” says Sofia Song, head of research and external affairs at Urban Compass.

Read more on VentureBeat: Urban Compass nabs $40M to take personalized apartment search national

Intent Media raises $22.7M

Advertising firm Intent Media has raised a fresh $22.7 million in funding, the company announced today. Intent Media focuses on advertising and marketing in the travel industry, specifically for travel-related tech companies. It’s clients include Orbitz, Expedia, Hotwire, Travelocity, and Hipmunk. Intent said it plans to use the additional capital to continue its international expansion, having already launched into Europe earlier in the year. It also plans to use the money to hire more engineers and data scientists to boost its ad platform.

Read more on VentureBeat: Travel advertising firm Intent Media raises $22.7M

Supersonic scores $15M

In the busy mobile monetization space, advertising platform developer Supersonic (based in Tel Aviv and San Francisco) has closed a $15 million in its second round of institutional funding. Supersonic’s chief product is a cloud-based software development kit that enables mobile application developers to include robust streaming interactive ads inside their apps. Among its uses, the SDK enables online monetization by engaging mobile users in games and virtual worlds as well as social networks. Virtual currency is earned when mobile users watch branded ads, play a game, or complete offers.

Read more on VentureBeat: Supersonic scores $15M, begins Asia Pacific expansion

Threadflip grabs $13M

Fashion marketplace Threadflip today announced a $13 million funding round to expand its online consignment shop. Founded in 2012, Threadflip is a marketplace where women, for a fee, can list fashion items they’d like to sell, as well as purchase items from other sellers, like a fashion Craigslist. The company also offers a concierge service, launched a few months ago, that takes care of the entire selling process for its customers, and takes 40 percent of the sale, a bigger cut than the 20 percent it otherwise takes. The concierge service really took off around March, co-founder Manik Singh told VentureBeat, prompting the company to raise new funding in order to grow the service.

Read more on VentureBeat: Threadflip sells fashionistas’ clothes for them, grabs $13M to scale

ParkWhiz snares $10M

Looking to secure its share of the estimated $30 billion US parking industry, Chicago-based ParkWhiz hauled in a $10 million second round of funding Monday. Jump Capital led the round. Other investors include Hyde Park Venture Partners, Reddit co-founder Alexis Ohanian, former Nokia/Navteq CTO Amreesh Modi, former Technology Crossover Ventures Partner Henry Feinberg, and Hyde Park Angels. “With our Series B round, we can give drivers one-touch access to low-priced options through our free mobile app, with a secure, frictionless parking experience,” Aashish Dalal, ParkWhiz chief executive and co-founder, said in a statement on the news.

Read more on VentureBeat: ParkWhiz makes parking easy, snares $10 million

Epion health scores $4.5M

Epion Health sells a patient engagement platform (as a software as a service) that replaces clipboards with iPads and can send patient information into the electronic health record. This is more fun for the patient and improves record accuracy and compliance. Patients can even take care of their payment using the iPad.

Epion has its believers. The company has taken a $4.5 million funding round, its first, from Deerfield Management Company, a New York City based investment firm.

Read more on VentureBeat: Epion Health puts iPads in the waiting room, scores $4.5M

Canva raises $3.6M

Apparently, people like being able to create attractive graphics without a design degree. Canva, the web-based graphic design platform, has just raised an additional $3.6 million in funding. Canva makes it simple for people without a design background to create high-quality graphics using a drag-and-drop tool and its robust gallery of photos, illustrations, and fonts. The end result can be used in print or online.

Read more on VentureBeat: Graphic-design-for-anyone tool Canva raises additional $3.6M, launches plugin for third-party sites

Nerd cribs: Linux creator Linus Torvalds shows off his office

This post is by J. O'Dell from VentureBeat

Click here to view on the original site: Original Post

Nerd cribs: Linux creator Linus Torvalds shows off his office
Image Credit: YouTube

It’s a slow news day. It’s Saturday, what did you expect?

So instead of infuriating you with a ranty op-ed or rehashing last night’s news leavings, I bring you this nugget of delight: a Linus-led tour of the Linux BDFL‘s office.

Get ready for four minutes and twenty-three seconds in heaven.


  • “Zombie shuffling” treadmill desk — CHECK.
  • Sh*t-strewn second desk — CHECK.
  • 3D printer — CHECK.
  • Socks with sandals — CHECK.
  • Hard-disk graveyard — CHECK and RIP!
  • A sword, obviously.
  • This, on the closed blinds: “I don’t want the sun to come in and disturb me. … I do NOT want to see outside.”

I, for one, feel that. The best SPF is tin foil over the windows and a deadbolt on the door, right?

Funding Daily: What the actual, literal Shyp

This post is by J. O'Dell from VentureBeat

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Funding Daily: What the actual, literal Shyp

Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.

Here are the day’s funding stories:

Tado raises $13.6M

Intelligent climate control technology is set to see greater global availability. High-tech startup Tado has now closed a round of funding totaling $13.6 million with the goal of expanding the reach of its smart thermostat tech to a wider audience. Tado is currently the leader in the European market when it comes to climate control. The company’s thermostats adjust to your preferences over time and allow you to reduce energy costs. Its smartphone app can tell when you’re about to leave or about to come home and will adjust the temperature accordingly. It can also adjust the temperature based on the weather outside to maximize efficiency.

Read more on VentureBeat: Europe’s home-temp control leader Tado raises $13.6M to keep up worldwide expansion

Zooz raises $12M

Via Reuters: “Zooz, an Israel-based provider of smart payment technology, said on Wednesday it has closed a $12 million round of investment, led by Blumberg Capital.”

IIX raises $10.4M

IIX, a startup that provides direct interconnection technology, has just come out of stealth mode, and it wants to bring peering to another level, with help from the money it just raised and the colocation companies in its ecosystem. The startup announced a new $10.4 million funding this morning. The name IIX (pronounced eye-eye-ex) stands for International Internet Exchange.

Read more on VentureBeat: IIX raises $10.4M to bring peering to everyone

Shyp raises $9.2M

Shyp, a service that sends a friendly guy or gal to your house to take care of your shipping needs, just raised $9.2 million, according to a filing with the U.S. Securities and Exchange Commission. The startup, which officially launched in San Francisco in late March, lets people who need to ship something simply request a “Shyp hero” (read: friendly person that will do the errand for you) to come pick up their items for a small $5 fee. Shyp then takes care of packing and shipping the items, and bills the customer. Customers can also track their items through the app. It’s currently available only in San Francisco, where the company is based.

Read more on VentureBeat: Shyp raises $9.2M to make shipping more expensive & more convenient for you

Airphrame secures $4.2

Aerial imaging and mapping is about to become more accessible. Airphrame, aerial imagery provider and drone creator just secure $4.2 million in startup funds, according to an SEC filing dated for today. The total offering was for just under $5 million, leaving $750,000 remaining to be sold as of this writing. Airphrame is a service that uses a network of “remote sensing devices” it calls Airphrames to provide people with aerial data — including digital images, orthographic maps, 3D models, and visual analysis — without having to think about operating a drone. All you have to do is point and click on a map to obtain the info you want.

Read more on VentureBeat: Aerial drone maker Airphrame secures $4.2M in startup funding

5th Planet pulls in $3M

Jupiter is the fifth planet from the sun. It has 63 moons. 5th Planet Games is a developer of mobile games. It now has $3 million. The studio revealed today that it secured $3 million in its first funding round. 5th Planet develops deep role-playing games as well as collectible-card games for mobile and the Web, and that experience convinced DCA Capital Partners to lead the investment with participation from Moneta Ventures. Gamers spent $16 billion on mobile in 2013, and that number will likely surpass $20 billion this year.

Read more on VentureBeat: 5th Planet Games pulls in $3 million in its first funding round

HandUp closes $850K

Social entrepreneurism at its finest right here: HandUp, a site that allows people to donate to homeless people in their neighborhoods safely, just closed its first seed round of $850K. The new funds will allow the company to expand across more of the San Francisco Bay Area and to the East Coast. Rose Broome, CEO and co-founder of HandUp, got the idea for the app while out walking on a cold night in San Francisco. After walking past a homeless woman sleeping out in the cold she “wondered why we can press a button on our smartphone to call an Uber or order dinner, but that we have no similarly convenient way to help someone in need right here in our own community,” she said. And with that thought in mind, she set to work.

Read more on VentureBeat: App for helping the homeless, HandUp, closes first seed round at $850K

Funding Daily: Want to know a Secret? Promise not to tell?

This post is by J. O'Dell from VentureBeat

Click here to view on the original site: Original Post

Funding Daily: Want to know a Secret? Promise not to tell?
Image Credit: Shutterstock

Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.

Here are the day’s funding stories:

SV Angel is raising $70M

SV Angel, the seed-stage VC firm founded by Ron Conway and ex-Googler David Lee, is raising a fifth, $70 million fund. Revealed in a public SEC filing, no limited partners (LPs) have officially committed to the new fund, but its projected size is certainly noteworthy; the fifth fund is 75 percent larger than SV Angel’s last two funds, both $40 million in size — announced August 2012 and May 2011 respectively. SV Angel’s second fund, raised in 2010, was $20 million, and the size of its first fund, raised in 2008, is unknown.

Read more on VentureBeat: SV Angel is raising a fifth, $70M fund — its largest to date

Secret grabs $25M

Apparently, creating apps for anonymous gossip is a lucrative affair: Secret has just raised a new round of funding from a crop of esteemed investors and is releasing two new features for an enhanced gossiping experience. After raising its first round of institutional funding back in March, Secret has just pocketed a new round co-led by Index Ventures and Redpoint Ventures, which gives it a $100 million valuation.

Read more on VentureBeat: Secret grabs $25M, lets you add Facebook friends to your gossip circle

Rocketrip raises $3M

Y Combinator grad Rocketrip just picked up some more cash to kick its “everybody wins” business model into action. The New York-based startup, which rewards employees with gift cards or cash equivalents for saving their companies money with thrifty travel plans, has raised another $3 million in funding, it announced today.

Read more on VentureBeat: Google-inspired Rocketrip raises $3M to pay employees for traveling cheap

Toonimo takes $2.5M

From an email sent to VentureBeat: “On Monday, we are announcing that Toonimo just raised $2.5M so businesses can easily harness the power of animations to help their websites. … We are building a platform for website owners to create their own customized animations so they can help guide and convert their site visitors. … We are backed by a group of rock-star investors, led by Tuvia Barak, who is associated with the Carlyle group – the biggest asset management group in the US.”

Learn more on the Toonimo website.

Upside takes $1.1M

Real, human investment advisers have be quietly suffering in recent years as younger investors have flocked to web-based, automated investment advisers like Betterment and Wealthfront. A new startup called Upside has built a white-label platform through which personal investment advisors can offer some automated investment services of their own. These include paperless account opening, portfolio selection, automated trading and portfolio rebalancing, client and advisor portals, and practice analytics. These features are delivered to clients through a user interface similar to the ones offered by the robo-advisor sites.

Read more on VentureBeat: Upside takes $1.1M to arm investment advisors against ‘robo-advisors’

Funding Daily: French girls & cheap hotels

This post is by J. O'Dell from VentureBeat

Click here to view on the original site: Original Post

Funding Daily: French girls & cheap hotels
Image Credit: Shutterstock

Here are today’s funding deals:

NewVoiceMedia takes $50M

NewVoiceMedia, a company that sells cloud-based software for sales, marketing, and service employees in contact centers, has raised $50 million in new funding. The company’s technology takes care of organizing, recording, and analyzing all of a business’ inbound phone calls. That way, there’s no need to run software like that in an on-premises data center, and there’s no need for everyone to work out of a central call center. Instead, they can take calls on their own smartphones. The software can hook in with customers’ existing software for tracking sales leads and customers.

Read more on VentureBeat: Fielding all calls from the cloud, NewVoiceMedia tacks on $50M

Duetto raises $21M

Hotel profit optimization company Duetto has taken $21 million in new funding to market its service worldwide. Duetto sells subscriptions to its cloud-based software, which helps hotels sell all of their rooms for the highest possible profit. Duetto does this by gathering and analyzing lots of disparate data sets — things like flight times, air traffic, weather patterns, and Internet hotel shopping behavior, co-founder Marco Benvenuti told VentureBeat. Based on this information, hotels can predict demand levels for a certain time period and set prices accordingly.

Read more on VentureBeat: Duetto takes $21M to expand hotel profit optimization service

Scytl gets $20M

Scytl is trying to modernize elections by killing the ballot box and moving the voting process online. SAP Ventures just handed the startup another $20 million to help the company expand. The software focuses on providing voter registration and voting services, as well as election night reporting. The company also offers election planning. It’s goal is to make elections efficient, accessible, and transparent, but what Scytl really offers is security — a crucial component for high stakes elections. It has developed “election-specific cryptographic security technology protected by more than 40 international patents and patent applications,” according to the company’s press release.

Read more on VentureBeat: Scytl snags another $20M to put secure elections on the Web

Moven raises $8M

Last week money-management service Moven raised $8 million at an undisclosed valuation in a round led by SBT Venture Capital, the venture arm of Russia’s national savings bank Sberbank. Virginia-based Route 66 Ventures, South-African Standard Bank, and London-based Anthemis Group also took part in the round of funding. The New-York based startup had already attracted Russian money in a previous round last year, with the Life.SREDA fund investing $2 million as the service was still in beta. All told, Moven now boasts $12.41 in financial-backing.

Read more on VentureBeat: Russia’s Sberbank leads $8M round in US money management startup Moven

mNectar takes $7M

mNectar has raised $7 million in funding for its new ad platform dubbed Playable, which lets gamers try out a mobile game before they decide to download or buy it. The “playable ads” are a new form of advertising for games that allows potential purchasers to have a better shopping experience as they browse for new games, according to founder and chief executive Wally Nguyen. By transforming the mobile ad from the staid banner to something much more enticing, mNectar hopes to solve the problem of getting apps discovered amid a sea of millions of rivals in the app stores.

Read more on VentureBeat: mNectar raises $7M for mobile ads that let you play a game before downloading it

French Girls raises $500K

On French Girls, users snap selfies and draw strangers. The app just crossed one million downloads, and its creator, Appek, today announced a $500,000 seed round led by actress-singer Christina Milian and American football player Larry English. The French Girls app first made its debut in January and was named in reference to the famous “draw me like one of your French girls” line from the film Titanic. The app lets users turn selfies into hand-drawn portraits and, in exchange, tasks users with drawing (or tracing) selfies taken by strangers.

Read more on VentureBeat: ‘Draw me like one of your French girls,’ says app that raised $500K

Funding Daily: Boxes of cash

This post is by J. O'Dell from VentureBeat

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Funding Daily: Boxes of cash
Image Credit: Shutterstock

Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.

Here are the day’s funding stories:

Box lands $150M

Online storage startup Box just raised $150 million from private-equity firm TPG, reports the Wall Street Journal. The investment firm was reportedly in talks with Box in June about potential funding. The funding comes ahead of the company’s initial public offering, which has already been pushed back. Box was slated for its IPO in April, but decided to hold off. This round of funding is much needed — the company spends a lot of money. According to its S-1 filing, it had a net loss of $168 million from the fiscal year that ended on January 31.

Read more on VentureBeat: Cloud storage company Box lands $150M & delays IPO

mBlox borrows $25M, raises $43M

From an email statement sent to VentureBeat: “Horizon Technology Finance Corporation, a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries, today announced it led a $25 million venture loan for mBlox, Inc., the largest global provider of A2P (application-to-person) text messaging. The venture loan was fully funded at closing, with Horizon funding its commitment of $10 million. mBlox will use the funds to support its continued growth.”

From a separate statement on the mBlox website: “mBlox, the largest global provider of application-to-person (A2P) text messaging, today announced the completion of a new capital raise of $43.5 million to fund the continued growth of its global business. … Armentum Partners advised mBlox during this round of financing. Comerica and Horizon Technology Finance Corporation (Nasdaq: HRZN) were among the participants, in addition to some of mBlox’s largest investors including Norwest Venture Partners, Scale Ventures, Avanti, Trident, Stratem and Saints Capital.”

Read more on the mBlox website.

Matterport grabs $16M

Matterport, a startup that has designed a physical camera for creating three-dimensional models of rooms and a cloud service for storing and sharing models, has raised $16 million in new venture funding. The startup is one of many building technology that could lead to more immersive experiences for a wide range of applications. Amazon has incorporated 3D elements and motion sensing into its new Fire Phone. And Apple bought 3D imaging startup PrimeSense.

Read more on VentureBeat: 3D-sensing camera startup Matterport grabs $16M

Opendoor closes on $10M

It’s official: Keith Rabois’s new startup, Opendoor, has closed its first round of funding with $9.95 million. As VentureBeat first reported, the company quietly filed a legal document in late May, in the process revealing the company’s name and co-founder, Eric Wu. Now the company, which aims to help homeowners sell their houses with “just a few clicks,” is making its existence official. It’s also got a laundry list of big-name Silicon Valley investors.

Read more on VentureBeat: With $10M and a long list of big-name investors, Opendoor is almost open for business

Regent locks in $9M

College enrollment and financial aid management tool Regent Education has raised $9 million in its latest round of funding to help colleges handle student enrollment and process the many ways they pay for school. “Increasingly, all types of institutions are turning to non-traditional enrollment models such as non-term, self-paced, and competency-based education to meet students’ changing needs,” Robb Doub, General Partner at New Markets Venture Partners, which has invested in the company, said in a press release. “Regent’s financial aid management system, Regent 8, is the only solution on the market today that can fully support these models.”

Read more on VentureBeat: Regent Education locks in $9M to help students enroll in college

What to Think, Ep. 11: That game was fixed!

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What to Think, Ep. 11: That game was fixed!
Image Credit: J. O’Dell / VentureBeat

Google’s new design language is a rip-off! Twitter is small potatoes! These and other rosy little rays of sunshine in this episode of What to Think. Plus, we delve into a culture clash between SF politicians and the app that’s changing urban car-parking.

In this edition, we’ll tell you what to think about:

Listen below, or right-click/control-click to download the MP3!

You can also subscribe to us! Follow What to Think on iTunes — or get the What to Think RSS feed.

Or listen to us on Stitcher:
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Use a free or cheap marketing automation system? Tell us what’s great about it (and not so great), and we’ll share survey data from everyone else with you.

Funding Daily: BlaBlaCar bags big bucks

This post is by J. O'Dell from VentureBeat

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Funding Daily: BlaBlaCar bags big bucks
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Here are the day’s funding stories:

Kleiner Perkins takes in $1.2B

That was fast. Just one week after disclosing that it was raising $1.2 billion for two new funds, longstanding venture capital firm Kleiner Perkins Caufield & Byers has finished that work, Fortune’s Dan Primack reported today. The first fund, totaling $450 million, is for early-stage deals. The remaining $750 million is for the firm’s new digital growth fund.

Read more on VentureBeat: <a href=””Kleiner Perkins raises two new funds totaling $1.2B

BlaBlaCar raises $100M

Don’t let BlaBlaCar‘s ridiculous name fool you. The French carsharing company just raised a sizable $100 million round from Index Ventures, Accel Partners, and more to “transform city-to-city travel.” Unlike Uber, Lyft, Sidecar, and other startups lumped into the ridesharing genre, BlaBlaCar doesn’t intend to enlist full-time, or even part-time drivers. Founded in 2006, BlaBlaCar considers itself an alternative to city-to-city travel and claims it does not want to challenge the taxi industry. Rather than taking the Eurostar train system from London to Paris, you can book a seat in the car of someone who already plans to drive there.

Read more on VentureBeat: French ridesharing giant BlaBlaCar raises $100M, may actually take over the world

CTERA bags $25M

Cloud storage carries inherent security risks, but private cloud solutions can drastically reduce those risks. They’re a safer option than cloud storage services like Box or Dropbox — and CTERA just raised a substantial funding round to make that process easier for security-conscious enterprises.

Read more on VentureBeat: Private cloud firm CTERA bags $25M to wean enterprises off Dropbox & Box

Luminoso gets $6.5M

“Big data” isn’t just numbers – companies have oodles of text-based data they need to make sense of and put to good use, and Luminoso is on the case. Today, Luminoso announced that it has raised $6.5 million as its first found of institutional funding. Luminoso is like a translation service; it takes a bunch of unstructured text and turns into numbers and trends for its customers. As it currently works with large companies, mostly in food, retail, and some tech such as REI, Sony, and General Mills, it’s been helping them analyze customer sentiment.

Read more on VentureBeat: Luminoso gets $6.5M to turn unstructured text into actionable data

Inkling takes $6M

According to an SEC filing today, we learn that Inking Systems has raised $6 million in equity funding. The Form D listed Sequoia Capital’s Bryan Schreier, Tenaya Capital’s Thomas Banahan, and Silicon Valley “wise man” Peter Currie as investors on the board of directors. Inkling is a cloud-based platform for creating and distributing content.

Read the filing.

Pogoplug raises $2M

Cloud Engines, Inc., creators of the Pogoplug device, just raised another $2 million, according to an SEC filing dated today. Pogoplug allows users to automatically backup their most important files and data wherever they go thanks to unlimited cloud storage. As a matter of fact, Cloud Engines is all about the “unlimited” part of that sentence. Case in point, the company recently partnered with Sprint to offer unlimited cloud storage to users for $5 a month, falling right in line with the mobile service provider’s “unlimited” everything plans.

Read more on VentureBeat: Pogoplug raises an extra $2M of debt

Entytle is hunting down $2M

According to a filing with the SEC today, Entytle is in the process of raising a round $2 million in equity funding. Around $1.14 has been confirmed so far; the company is waiting to sell a further $800,000. Jones Day partner Bob Clarkson is listed as a director. Entytle does analytics across an entire app or service’s userbase, combining information from a variety of systems.

Read the filing.

What to Think, Ep. 10: Ditching the corporate Internet

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What to Think, Ep. 10: Ditching the corporate Internet
Image Credit: J. O’Dell / VentureBeat

Between Amazon’s phone and Microsoft’s tablet, we’re diving into the gadgety deep end this week. But what will those devices do with all your delicious data? We bring special guest Kevin Marks in to talk about the balance between utility and privacy within computer-based social systems. He also dishes the dirt on his Google I/O talk. It’s a gas!
In this episode, we tell you what to think about:

Listen below, or right-click/control-click to download the MP3!

You can also subscribe to us! Follow What to Think on iTunes — or get the What to Think RSS feed.

Or listen to us on Stitcher:
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Funding Daily: Let’s get Sapphic

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Funding Daily: Let’s get Sapphic

Here are the day’s funding stories:

Vessel raises 475M

Jason Kilar, the well-regarded former chief exec of streaming TV service Hulu, has secured a fat $75 million round of funding for his new startup Vessel. News of Kilar’s new startup first popped up last year under the nickname the Fremont Project, as the company slowly hired several other former Hulu execs, including former CTO Richard Tom, former ad head Jean-Paul Colaco, former senior software dev Zachary Pinter, former VP of product Loon Lee, and others. And yesterday, Kilar released a brief statement on Vessel’s website with more details about the company — specifically, what the startup plans to do and who is cutting the checks.

Read more on VentureBeat: Former Hulu boss raises $75M for new video startup Vessel

mCube gets $37M

In its third round of institutional financing, mobile sensor-maker mCube has announced that it has raised $37 million. The company’s existing investors, Kleiner Perkins Caufield & Byers, MediaTek, iD Ventures America and DAG Ventures, all participated in the financing round. Additionally, new investors including Keytone Ventures, SK Telecom (China) Ventures and Korea Investment Partners joined the effort as well. “mCube is well positioned with the world’s smallest MEMS motion sensors to enable this high-growth new market we refer to as the Internet of Moving Things,” said Ben Lee, mCube president and CEO.

Read more on VentureBeat: mCube raises $37M to prepare the way for the Internet of Things

Meet You announces $35M

Meet You, a Chinese app for females to track their periods, announced yesterday $35 million in funding led by SIG. Matrix Partners China and China Renaissance K2 Ventures also participated. New funds will be injected in the construction of the team and its female community, the company said.

Read more on VentureBeat: Period tracker Meet You announces $35M in fresh funding

Fingerprint pulls in $11M

Fingerprint makes the type of apps parents love — and DreamWorks Animation is a big fan of them, too. Kids’ app developer Fingerprint has raised $10.85 million in new funding, the company announced today. Its press release declined to mention the investors by name, but DreamWorks led the round.

Read more on VentureBeat: Fingerprint pulls in $10.9M from DreamWorks to build educational apps for kids

Sapho gets $3M

Investors have just bankrolled Sapho, a stealthy startup with mobile apps that aggregate alerts and basic functions from lots of enterprise software companies already use. With the new $3 million in seed funding, Sapho intends to bolster its development team and expand its range. One key objective: supporting more tools out there, including cloud-based software, Sapho co-founder and chief technology officer Peter Yared told VentureBeat in an interview. [Editor’s note: In case you were wondering, as we did, why the company’s name is a misspelling of ancient-Greek lesbian poet’s name, Yared revealed, “It’s named after a Dune reference — sapho, the juice of mentats!” Hope that clears everything up.]

Read more on VentureBeat: Sapho has visions of a Google Now for enterprise software, grabs $3M

Parko gets $1M

Israeli startup Parko successfully raised $1.1 million in seed funding for its API, which uses crowdsourced data to help drivers find available parking spots in real time. SparkLabs, Global Ventures, OurCrowd, and European angel investors participated in the round. VoIP pioneer and Vonage co-founder Jeff Pulver also joined Parko’s board of advisors.

Read more on VentureBeat: Parko seed round raises $1.1M for car-parking guidance API using crowdsourced data

Funding Daily: Three’s a crowd

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Funding Daily: Three’s a crowd
Image Credit: Shutterstock

Here are today’s funding stories:

Tanium secures $90M

Andreessen Horowitz is betting big on Tanium, a company that lets IT professionals manage hundreds of thousands of devices in real-time. The venture capital firm is investing $90 million in Tanium, co-founder and general partner Marc Andreessen announced on Twitter tonight. The investment values the company at $900 million, sources (which we’ll pretend aren’t connected to any of the firms involved) tell the Wall Street Journal.

Read more on VentureBeat: Tanium, a powerful IT management tool, gets $90M from Andreessen

Skyhigh takes $40M

“Shadow IT,” a term for the unauthorized use of external apps by employees, is a major problem for enterprises — and Skyhigh Networks is out to solve it. That mission has drawn a lot of attention and capital for the company, which today announced $40 million in new funding from Greylock Partners, Sequoia Capital, and cloud giant Salesforce (Salesforce’s contribution was “strategic”).

Read more on VentureBeat: Sequoia & Greylock bet $40M on cloud security startup Skyhigh Networks

AnyPerk gets $3M

AnyPerk, a company that helps other companies create employee incentive programs, announced this morning that it’s picked up an additional $3 million in investment, bringing its seed round to a total of $4.5 million. “We founded AnyPerk because employee happiness is undervalued,” said chief executive Taro Fukuyama, in a statement. “Happy employees are twice as productive at work, but only one in five employees reports being happy at their job,” he continued.

Read more on VentureBeat: Employee benefits, anyone? AnyPerk picks up another $3M

You’ve never heard of ProjectManager? Startup gets $3.5M to fix that & expand into the U.S.

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You’ve never heard of ProjectManager? Startup gets $3.5M to fix that & expand into the U.S.

It’s a good day to be part of New Zealand-based company The company announced it has recently secured $3.5 million in new funding to help fuel the growth of the business in the United States.

In addition to the new funding, has also established a top-notch executive board of directors to lead the charge in the U.S.. is project management software that comes with social, video, mobile, and content tools already built into its platform. This allows users to collaborate while managing, tracking, and organizing projects.

Companies and organizations like NASA, Volvo, and the United Nations have already joined the more than 15,000 users worldwide, with an additional 150,000 users on the mobile app.

The new funding will allow the company to continue to grow and nurture its U.S. market.

“The next step in our journey is to establish a US sales and marketing operation, to better support our customers,” stated Jason Westland, CEO, in an interview with VentureBeat. “Our U.S. customers want local assistance when training, rolling out, and migrating new users onto our platform. This funding round will help us achieve that goal.”

The funding will be instrumental in establishing the U.S. office and recruiting new staff. Having an additional $3.5 million in the bank allows to recruit high-caliber senior management and take the next step towards evolving the business into a worldwide project management platform.

As part of the investment round, is also establishing a new board of directors. Three technology entrepreneurs with decades of collaborative experience are joining forces to create’s first board of directors.

Guy Haddleton, co-founder of Anaplan; Herb Hunt, former IBM executive and director of the Wynyard Group; and Graham Shaw, director of Xero, bring their experience and drive to the table to help grow. The three men will extend the business strategy to focus on the enterprise market and help the company further scale its fast-growing user base.

The board will also be responsible for strategy to bring in an extensive network of contacts and partnerships.

“Their combined wealth of knowledge will be invaluable as we scale the company to greater heights,” says Westland. started operations in 2008 and was recently named a Deloitte Fast 50 Company. is headquartered in New Zealand with offices in the Silicon Valley. More than 80 percent of its users are currently based in the United States.

Funding Daily: Hope you like food delivery startups

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Here are the days funding stories:

HelloFresh raises $50M

Despite its decidedly low-tech premise, meal delivery service HelloFresh has captured the interest of several prominent high-tech investors. The food-centric startup has raised $50 million in a new funding round, the company announced today. New York-based Insight Venture Partners led the round, adding HelloFresh to its list of portfolio companies, which includes Indiegogo, Hootsuite, and Shopify. Existing investor Phenomen VC also participated in the funding.

Read more on VentureBeat: HelloFresh’s $50M round shows that all these food-delivery startups are onto something

ThoughtSpot finds $30M

ThoughtSpot, a company that’s built business-intelligence (BI) software that accepts analysts queries in regular words instead of technical query language, announced $30 million in fresh funding this morning. The startup can now add more sales and marketing people to help expand its customer base. And if ThoughtSpot’s experience working with big companies thus far is any indication, sales into more companies shouldn’t be too difficult.

Read more on VentureBeat: ThoughtSpot’s Google-style search for business intelligence finds $30M

Zerto gets $26

Zerto, a startup with software for copying data to multiple storage media in order to simplify disaster recovery, has raised $26 million in new funding. Now Zerto, which has offices in Boston and Herzliya, Israel, will be able to keep expanding around the globe and continue product development, the startup said in a statement on the news.

Read more on VentureBeat: Disaster recovery ain’t hip, but it’s important. So Zerto gets $26M more

ClearCare raises $11M

With an aging population and out-of-control healthcare costs, home care has become seen as a bright spot — part of the solution to the problem. That’s part of the reason companies like ClearCare are finding funding these days. ClearCare has a front- and back-office solution for private duty home care agencies that the company delivers as a software-as-a-service. The web and mobile platform enables paperless scheduling, integrated telephony, two-way caregiver messaging, and marketing functions.

Read more on VentureBeat: ClearCare raises $11M to further develop home care cloud service

Galvanize lands $18M

Whoever said education is entirely moving onto the Internet and our devices might need to hold that thought. Today, Galvanize, a network of urban campuses focused on education for tech and Internet entrepreneurs, is announcing it has landed $18 million as its first round of funding. The company said it plans to use the funds to launch new campuses across the U.S., starting with building out its San Francisco location and new education offerings.

Read more on VentureBeat: Galvanize’s urban campus for digital entrepreneurs just landed a fresh $18M

Namely raises $4.7M

From the press release: “Namely, the cloud-based human capital management platform, today announces $4.7 million in additional financing, bringing their total raised to date to $10 million. The raise comes from True VenturesLerer VenturesBullpen Capital, and VaynerRSE, all of whom contributed to their Series A in June of 2013. With the additional funding, the New York-based startup is launching payroll, benefits administration, and time management throughout the United States.”

Read more on Namely’s blog.

Rhiza takes $3M

Rhiza, founded by Josh Knauer, just closed a $3 million funding round. The startup makes marketing analytic tools that helps bridge the gap between big data and companies, marketers and salespeople, the products are extremely user friendly and 100 percent intuitive. Notably behind the latest funding round is Draper Triangle Ventures, also out of Pittsburgh, along with Camp One Ventures and Arthur Ventures. According to Knauer, the new capital will help expand sales while focusing on marketing and top notch customer service. It couldn’t have happened at a better time as market demand for Rhiza products grows.

Read more on VentureBeat: Rhiza’s fresh $3M could help bridge the gap between big data & big sales

Keypr raises $1.3M for hotel cloud solution

Keypr, a Los Angeles based technology start-up announced today that it has raised $1.3M in seed capital to finish developing its cloud-based software solution for hotels. Keypr says its system will allow guests to have “instant mobile check-in/check-out capabilities, keyless entry via smartphone and the ability to schedule, order and track service requests such as cleaning and room service,” as well as entertainment options.

Read more on the company’s web site.

Funding Daily: A big day for Instacart

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Funding Daily: A big day for Instacart
Image Credit: Shutterstock

Here are the day’s funding stories:

Instacart takes $44M

Grocery delivery startup Instacart just raised $44 million from Andreessen Horowitz. Apoorva Mehta founded the company in 2012 to help city dwellers shop for groceries from home. On paper, Instacart’s valuation sits around $400 million, a VentureBeat source claims. This valuation mirrors a figure previously cited by TechCrunch.

Read more on VentureBeat: Andreessen Horowitz bets $44M on Instacart

BitGo gets $12M

It’s becoming increasingly clear that this Bitcoin thing is for real, but security remains a barrier to its mainstream adoption as a currency. Some smart people are betting money that the security problem can be solved. A group of them have put $12 million into a Palo Alto, Calif.-based Bitcoin security startup called BitGo.

Read more on VentureBeat: Valley vets bet $12 million on Bitcoin security company BitGo

Lucid adds $8M

Believe it or not, businesses, colleges, cities, and states like seeing how much energy all their buildings use. The growth of a software company called Lucid proves that. Lucid announced $8 million in new venture funding today. The company plans to bolster its cloud-based software and hire the kinds of people who can get lots more businesses using the software, which analyzes usage from lots of devices and systems to produce simple applications and dashboards.

Read more on VentureBeat: Companies and cities sign on to Lucid’s energy-tracking apps as the startup adds $8M

mNectar is seeking $8M

In an SEC regulatory filing today, we learned that mNectar has raised $7 million and is in the process of rustling up another million to add to the pile. According to the company’s website, it “revolutionizes app discovery by letting users sample apps before downloading. Funded by app developers, we take a grassroots approach to solving the mobile app ecosystem’s biggest problem: discovery. With 2M+ apps in the market and hundreds being added every single day, users don’t know which to buy or download.”

Read the SEC filing.

CounterTack raises $5M

CounterTack, which provides information about and protection against targeted attacks against commercial and government networks, says it’s taken another $5 million in investment money to continue scaling its business. The new funding comes from Razor’s Edge Ventures and brings the CounterTack’s total investment take to $34.5 million.

Read more on VentureBeat: Security startup CounterTack takes $5M more to meet demand for attack-detection systems

Vinja takes $1M

In a filing with the SEC, we learn that Vinja has raised just over $1 million in venture capital. Vinja is based in San Mateo, Calif., and the startup tries to make videos more engaging by making clips within videos taggable and shareable and my tracking video metrics.

Read the full SEC filing.

CommitChange gets $700K

From a statement sent to VentureBeat: “CommitChange, a new platform for nonprofit fundraising, has closed a $700,000 seed round led by Tim Draper and Mark Cuban to reinvent digital philanthropy. The company plans to turn the $217 billion U.S. charitable giving market on its head by offering free tools and focusing heavily on the donor experience. CommitChange is also announcing the acquisition of Connect for a Cause, a nonprofit fundraising platform based out of New Orleans.”

Visit the CommitChange website to learn more.

Follow former VB reporter Bekah Grant as she ‘chases change’ around South America

This post is by J. O'Dell from VentureBeat

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Follow former VB reporter Bekah Grant as she ‘chases change’ around South America
Image Credit: Bekah Grant/Chasing Change

We like to keep tabs on our VentureBeat alums, and here’s a report from former VB startup beat reporter Bekah Grant: She’s traveling around South America “chasing change.”

And she’s doing a really cool subscription journalism project along the way. (More on that in a bit.)

So, what does it mean to chase change? Here’s Grant’s thesis:

I spent 2.5 years in the Peace Corps where I experienced how difficult it is for a minimally-resourced outsider to create change. I then spent two years as a reporter at tech news site VentureBeat where I covered thousands of startups trying to “disrupt” things for the better. In both cases, I found people obsessed with solving important problems, but using dramatically different approaches.

“Social innovation” or “social enterprise” sits between these two worlds. It is a movement built on the idea that innovation can save the world. Beacon will help fund reporting trips to developing countries where I will cover these ideas.

Currently, Grant and her partner, Cullen Wilson, are en route to Chile, where they’ll be participating in the upcoming Startup Chile accelerator batch. Their startup is Lomaki, a mobile, social platform for personal philanthropy. Ultimately, it’s perfectly in line with the idea of bringing change to far-flung parts of the world — and using simple technologies to do so.

“More people than ever before are dedicating their lives to making a difference, and technology is changing the way we address tough problems,” Grant writes.

“There has never been a more interesting time to cover the solutions, and yet we are rarely presented with thoughtful commentary on the why and how of change.”

As both a change agent and a skilled writer, Grant is using publishing/crowdfunding platform Beacon to serialize her experiences during her travels and startup-building. Her stories will be “about the solutions, experiments, lessons, successes and failures that happen when striving for social change.

“I hope that by telling these stories, people will not only be more aware of these problems, but more empowered to start solving them,” she writes.

Beacon itself is an interesting use of technology to support this kind of journalism. Grant’s missives can come via low-costs subscription, or you can make a larger contribution toward a short documentary and longer feature-length articles.

Side note: As Grant’s former colleague and editor, I can vouch for her: These articles are not something you want to miss. I’m already a backer, myself, and I can’t wait to see what stories she has to tell.

We want hands-on expert reports on common marketing automation systems. If you use marketing automation, share your story … and set your own price for others to learn from it. (Here’s an example.)

Funding Daily: It’s good for your health

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Funding Daily: It’s good for your health
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Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.

Here are the day’s funding deals:

Declara takes $9M

Education tech startup Declara has secured a fresh $9 million in funding, the company announced today. The additional capital is actually an extension of the $16 million round Declara raised back in April, bringing the total amount to $25 million.

Read more on VentureBeat: Education startup Declara nabs another $9M to expand into Asia

Weave secures $5M

Weave, a VoIP service for doctors that also helps manage patient records, today announced a $5 million funding round led by A Capital. Weave shares that it has developed a phone and text service for doctors (below) that lets them communicate with patients, track patient records, and manage customer relations. Homebrew, SV Angel, and Y Combinator — among others — also took part in this funding round.

Read more on VentureBeat: Weave changes the way doctors talk to patients, secures $5M in funding

Fitbay raises $2M

From an email sent to VentureBeat: “Fitbay, the discovery platform that solves the problem of buying clothes online in the wrong size or style, has closed a $2 million USD seed funding round, lead by New York-based Steadfast Venture Capital and Stockholm-based VC firm, Creandum, an early investor in Spotify. This $2 million USD investment comes just 6 months after Fitbay closed an angel round with Jesper Buch (Founder of Just-Eat) and Creandum.”

(Note: At press time, the company website was not operational. That’s worth $2 million.)

FightMe gets $1.35M

From an email sent to VentureBeat: “FightMe, a collaborative social video network that invites users to join in challenges and create their own, is set to expand to new platforms after raising $1.35 million in a further seed investment round.”

Visit the FightMe website.

TeamSupport raises $1.25M

From a press release: “TeamSupport, the creator of award-winning customer support software for B2B technology companies, announced today that is has raised $1.25 million in funding led by leading technology investors from Dallas, New York, Atlanta and Toronto.”

Read the press release.

Health Integrated takes $1M

Health-focused big data company Health Integrated has borrowed another million from its backer, Western Technology Investment (WTI). Health insurance companies and risk-bearing health providers use Health Integrated’s software to understand and more profitably manage demand for health services among specific patient populations — people with chronic illnesses, for example.

Read more on VentureBeat: Health Integrated takes another million in venture debt financing

What to Think, Ep. 8: The Godfather

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What to Think, Ep. 8: The Godfather
Image Credit: J. O’Dell / VentureBeat

As eBay and Aol struggle to learn expensive lessons about how they are NOT startups anymore, civic planning experts like Ron Conway are heckling progressive technologists at conferences.

Join startup godfather Steve Blank as we discuss the crazybananas issues of the day: the SF housing crisis, startups getting gobbled up by monster companies, and Silicon Valley’s “me, too” syndrome.

Listen below, or right-click/control-click to download the MP3!

[iTunes | RSS]

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Funding Daily: Washio? Are you freaking kidding me?

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Funding Daily: Washio? Are you freaking kidding me?
Image Credit: Shutterstock

Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.

Here are the day’s funding stories:

Affirm raises $45M

Max Levchin put his name on the map by being on PayPal’s cofounding team, and now he’s turning his attention to a new payments company, Affirm. Today, Levchin and Affirm announced that they’ve raised $45 million in funding over the past year, and have already grown to a team of 32, including Palantir cofounder Nathan Gettings. Khosla Ventures, Lightspeed Venture Partners and Nyca Partners participated in this funding round.

Read more on VentureBeat: ‘Affirm’ is PayPal cofounder Max Levchin’s second take on online commerce — and it just raised $45M 

Washio gets $10.5

This is just ridiculous. From an email sent to VentureBeat: Washio, the leading app for on-demand dry cleaning and laundry service, today announced the closing of their $10.5 million Series A investment led by Canaan Partners. Existing investors including Pejman Mar Ventures, Yahoo co-founder Jerry Yang, Sherpa Ventures, Ashton Kutcher’s A Grade Investments, Troy Carter, and others also participated in the round.”

Visit the Washio website for more.

Mesosphere takes $10M

Mesosphere, a company aimed at simplifying management of server resources inside data centers, has raised a hefty $10 million round. The investment, led by key Silicon Valley VC firm Andreessen Horowitz, shows the continuing importance of data center technologies, even in a world when many companies are moving to cloud infrastructures that replace or complement their own data centers.

Read more on VentureBeat: Mesosphere gets $10M from Andreessen Horowitz for data center management tools

PicFair raises $520K

Sent via email to VentureBeat: “PicFair is a brand-new stock image service and just raised a seed round of $520,000 from several investors, including Reddit co-founder Alexis Ohanian. Unlike other stock photo services, PicFair aims to pay photographers a large percentage of the fees it collects from customers: 80 percent.”

Visit the PicFair website for more.