• IT Venture Capital Investment News Round Up – 27 March 2012

    by  • March 27, 2012 • IT Venture Capital News

    Highlights from recent IT venture capital investment activity.

     

    North America

    First Venture Round

     

    24.03.2012 – Los Angeles, CA

    The Honest Company Completes $27M Series A Financing

    The Honest Company, a Los Angeles, CA-based e-commerce site that offers non-toxic and natural baby and family products, has completed $27m Series A financing. Backers include General Catalyst, Lightspeed Venture Partners and Institutional Venture Partners. http://www.finsmes.com/2012/03/honest-company-completes-27m-series-financing.html

     

     

    Secondary Venture Round

     

    21.03.2012 – Pleasanton, CA

    Spigit Closes Series E Financing Led by Warburg Pincus

    Spigit, the leader in social innovation software and services, announced today that it has secured $15.2 million in a Series E financing, led by global private equity firm Warburg Pincus, bringing total amount raised since Company inception to $41.2 million. http://www.spigit.com/press-releases/spigit-closes-series-e-financing-led-by-warburg-pincus

     

    22.03.2012 – Redwood City, CA

    oDesk Receives $15M in Series D Funding

    Redwood City, CA-based online workplace oDesk has received $15m in Series D funding. The round was led by T. Rowe Price Associates, with participation from Benchmark Capital, Globespan Capital Partners and Sigma Partners. In addition to the funding, Gregory Stanger, former CFO of both Expedia and Chegg, has joined oDesk as Chief Financial Officer. http://www.finsmes.com/2012/03/odesk-receives-15m-series-funding.html

     

    20.03.2012 – Austin, TX

    Achieve Financial Services Closes $12.5M Financing

    Achieve Financial Services, LLC, an Austin, Texas-based marketer of general-purpose reloadable (GPR) prepaid debit cards and related financial services, has closed a $12.5m debt and Series B equity financing. The round was led by Escalate Capital Partners, with participation from existing institutional investors. http://www.finsmes.com/2012/03/achieve-financial-services-closes-12-5m-financing.html

     

    21.03.2012 – San Francisco, CA

    Integrate Closes $11M Equity Financing

    Integrate, the award-winning, multi-channel performance marketing technology and solutions provider, has closed an $11 million growth equity investment from Comcast Ventures and Liberty Global. Existing Integrate investor Foundry Group also participated in the round. The Series B financing will help drive the next phase of product development and also get the company closer to their goal of connecting every channel of advertising into one unified platform. http://www.marketwatch.com/story/comcast-ventures-leads-11-million-investment-in-integrate-2012-03-21

    Europe

    Secondary Venture Round

    20.03.2012 – Danderyd, Sweden

    Tobii closes $21M funding round led by Intel Capital

    Tobii Technology, the global leader in eye tracking and gaze interaction, announced today that it has closed a USD $21M funding round. New investor Intel Capital joins existing investors Amadeus Capital, Investor Growth Capital and Northzone Ventures. The funding will be used to continue R&D investments in core technology and to take eye tracking and gaze interaction to mainstream computers and other mass-market applications. http://www.tobii.com/en/group/news-and-events/press-releases/tobii-closes-funding-by-intel-capital/

     

    20.03.2012 – London, UK

    myThings Raises $15M in Funding

    myThings, a global provider of personalized display ad solutions, has raised $15m in funding. The round was led by Iris Capital, the manager of the Orange-Publicis Venture (OPV) Fund, with participation from Accel Partners, Carmel Ventures and T-Venture. http://www.finsmes.com/2012/03/mythings-raises-15m-funding.html

     

    21.03.2012 – London, UK

    SilverRail Technologies Raises $15M in Series B Funding

    SilverRail Technologies, a London, UK and Boston, MA-based operator of a global rail ticketing platform, has raised $15m in Series B funding. The round was led by Canaan Partners, with participation from existing investors Sutter Hill, Accel Partners, GrandBanks Capital and Brook Ventures. http://www.finsmes.com/2012/03/silverrail-technologies-raises-15m-series-funding.html


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