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Funding daily: Your iPhone may never die in a toilet again


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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 about the funding deals of the day and serving them up here in our “Funding daily” column.

Ark grabs $4.2 million seed round

Less than a month after the company took the stage at Y Combinator’s Demo Day, people search engine Ark has raised an impressive $4.2 million seed round of funding. Ark works by crawling the major social networks, including Twitter, Facebook, RenRen, LinkedIn, and more, to find out all it can about you. The $4.2 million seed round is the largest that any Y Combinator company has ever received. Investors include Andreessen-Horowitz, Charles River Ventures, Greylock Partners, Intel Capital, SV Angel, Atlas Ventures, Crosslink Capital, to name a few.

SingleHop nabs $27.5 Million

Infrastructure-as-a-service startup SingleHop has raised $27.5 million in its first round of funding. The company’s proprietary management platform, called LEAP, makes it possible for its clients to deploy and manage their web infrastructure from a unified platform. Battery Ventures led the round.

BrightTag secures $15M

Digital marketing platform BrightTag has raised $15 million in funding. The company uses data tags, embedded in HTML or JavaScript, on a website to provide user analytics. Baird Venture Partners led the round, with participation from existing investors New World Ventures, TomorrowVentures, EPIC Ventures, I2A and Silicon Valley Bank.

P2i Ltd raises $6M

For a little bit of science, liquid repellent nano-coating company P2i raised $6 million in funding from Ombu Group. UK-based P2i has developed a nano-coating for electronics that makes them repel liquids, meaning the days of ruining a phone by dropping into a toilet may soon be over.

Yandex Invests in Seedcamp

Search engine giant in Russia, Yandex has invested an undisclosed amount of money in Seedcamp’s Euro micro seed round fund. Seedcamp is a mentoring program and investment company that helps startup get off the ground.

Cell phone in water image via Shutterstock