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At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details for the funding deals of the day and serving them up here in our new “Funding daily” column.
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PromoJam raises first round of funding
Social marketing service PromoJam snagged $1.2 million in its first round of funding Wednesday. True to its name, PromoJam helps businesses run promotions online and on mobile phones. Its clients include Rock the Vote, Avon, and Blackberry. Investment firms Golden Seeds and Band of Angeles led the round.
SilverRail grabs $15 million for train travel (that’s right, train travel)
SilverRail, a company trying to bring back the popularity of train travel, raised $15 million today. The company offers online services to railways and travel agents to manage train and high speed rail travel. Canaan Partners led this second round of funding, with participation from Sutter Hill, Accel Partners, GrandBanks Capital, and Brook Ventures.
ItsOn files a form D
From the Securities and Exchange Commission, ItsOn filed a form D Wednesday for $7.9 million in equity financing. ItsOn, which has a stealthy-looking website, is a mobile network technology company. It looks like this is the third round of institutional funding for the company, which is based in Redwood City, Calif.
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