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Funding daily: go shopping for vintage clothes and Russian furniture


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We’ve got a lot of stories this Wednesday for you. Click each link below to learn more about the day’s funding news.

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Mocavo grabs funding for its family tree

TechStars 2011 alum Mocavo has raised $4 million in its first round of funding in a bid to help people find their ancestors through its search engine. The funding comes from Foundry Group. Seth Levine, Foundry Group’s Managing Director, will join Mocavo’s board.

Wave Accounting nabs $12M

Small business startup Wave Accounting has raised $12 million in its second round of funding, the company announced today. Wave, which offers free accounting software for small companies, says managing “the books” is a complicated and dreaded task that isn’t any easier thanks to desktop accounting software. Social+Capital Partnership led the round. Charles River Ventures and OMERS Ventures also contributed.

Big data, big money for Palantir

Data analysis company Palantir has raised $56 million in its latest round of funding, through two unknown investors, according to an SEC filing today. Palantir has seemingly been very successful with its tools that analyze all sorts of data.

Bitly may have new funding in the works

Four-year-old link shortening service Bitly is reportedly working on raising a $20 million round and launching a few new products. The link shortening service also offers enterprise link analytics. So far Bitly has raised $15 million from a laundry list of investors including Ron Conway, SV Angel, and AOL Ventures.

Fotolia wins $150M

Fotolia received a $150 million growth equity investment from leveraged buyout firm Kohlberg Kravis Roberts and Co. The company claims to be the leading stock photography site in Europe.

HomeMe raises $5M

Russian home shopping site HomeMe has raised $5 million in funding. Mangrove Capital, ABRT, and AddVenture led the round for the Moscow-based company.

Vox Mobile gets funded

Vox Mobile grabbed a $7.5 million investment to help manage mobile devices for businesses. The company also helps train employees on how use mobile devices. Edison Ventures led the round and Permal Capital also participated.

Appcelerator raises $3M

App development platform Appcelerator has closed a $3 million funding round, The Next Web reported. Presidio Ventures led the round. Appcelerator helps companies build device-specific apps.

ModCloth grabs $25M funding round

Clothing and home decor site ModCloth has raised $25 million in funding. The site offers vintage inspired clothing and accessories. Norwest Venture Partners led the round.

Woman with shopping bags image via Shutterstock

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