Some good souls raised money in funding land today. Ticketfly raised a third round to help people’s assaulted ears listen to better music, and Meteor brought in money to support stressed web developers everywhere. GiveForward received investment for its platform helps people crowdfund medical expenses, and EcoScraps took money for a composting scheme that cuts down on waste and greenhouse emissions. And let’s not forget GoodData, which is mainly good because it has the word in its name.
GoodData racks up $25 million in a third round of funding for its big data analytics service
GoodData offers operational dashboards, metrics and performance reports, data storage, analytics, and collaboration tools in a single platform. Since the company was founded, over 6,000 customers have adopted GoodData, and the company has seen dramatic revenue growth of 500% year over year.
The round was led by Tenaya Capital, with participation from new investor Next World Capital and existing investors Andreessen Horowitz, General Catalyst Partners, Fidelity Growth Partners, and Windcrest Partners. The company received $15 million in 2011 and has raised $53.5 million in total investment. Read more on VentureBeat.
I just wanna’ TicketFly (put your arms around me, VCs)
Online ticketing website Ticketfly today announced raising $22 million in the startup’s third round of institutional funding. Ticketfly offers its customers (promoters and event venues) ticket-selling microsites and online marketing tools. It has around 300 affiliate partners and has experienced dramatic growth during 2012.
The new money comes from SAP Ventures, which led the round. Northgate Capital, Cross Creek Capital, and second-round lead investor Mohr Davidow Ventures also participated. With $15 million in previous rounds, this brings Ticketfly’s total VC bill to $37 million. Read more on VentureBeat.
Meteor shoots across the Silicon Valley sky with $11.2M
NEA hoards the world’s money, raises fund larger than 2x the population of China
New Enterprise Associates has raised one of the largest venture capital funds ever with the closing of its $2.6 billion fund. The raise of the firm’s 14th fund brings NEA’s total committed capital to more than $13 billion. This is the third consecutive time NEA has raised more than $2.5 billion for a single fund. Read more in VentureBeat.
Backblaze at long last accepts $5M in venture capital fuel
Storage startup wild child Backblaze rebelled against itself today and announced it has raised $5 million in funding. Backblaze is an extremely easy-to-use, cheap storage service that keeps data safe by continuously and automatically backing it up to the cloud.
The company notoriously bootstrapped for years in an effort to fuel innovation and efficiency. Despite being profitable, Backblaze has pivoted its no-venture-capital policy to pursue its goal of making unlimited backup available to all PCs and Macs. The investment came from British firm TMT Investments and will be given in two equal distributions. Read more on VentureBeat.
Revinate takes $14.5M to empower the hospitality industry against angry social media attacks
Revinate is doing something interesting for the hospitality industry: it’s gathering up reviews from all over the web — Twitter, Foursquare, Facebook, places where we might not even know we’re writing a “review” — and letting hoteliers and retaurateurs sort and analyze the information in really useful ways.
The startup just took a great big Series A of $14.5 million from Benchmark Capital, which led the round, and relatively new VC firm Formation 8. The funding will be used to bring Revinate to more chains, corporate groups, hotels, and restaurants around the world. The company previously reported a $500,000 seed or angel round to the SEC; this brings the startup’s total venture capital fundraising to $15 million. Read more on VentureBeat.
GiveForward raises $2M to pay for kidneys, chemo, and Klonopin
Medical fundraising platform GiveForward closed $2 million in investment for its unique application of the crowdfunding craze. It’s like Kickstarter for medical expenses. People can use the site to seek money for friends or loved ones who have to pay out of pocket for expensive procedures or treatments. The company has 3,000+ active fundraisers on the site and is currently working with 200 health organizations and hospitals across the country to help families in times of need. The round was led by Founder Collective and First Round Capital.
GiveForward graduated from Chicago’s Excelerate Labs in 2010 and has been striving ever since to help the 72 million Americans who take on medical debt every year. Read the press release.
EcoScraps makes millions by selling stores their own garbage
Scrappy startup EcoScraps is doing its part to save the earth. The company announced today that it has raised $1.5 million in its first round of funding, which will enable the team to expand operations into more stores and regions across the United States. The concept behind EcoScraps is simple: The company takes leftover food from retail stores, turns it into compost, and sells it. The money came from KickStart Seed Fund, DBL Investors, and Peterson Ventures. Read more on VentureBeat.
Peter Thiel puts $1.2M ‘on the barbie’ for ScriptRock
Australian enterprise software provider ScriptRock today announced that Silicon Valley entrepreneur and technology investor Peter Thiel has lead the startup’s seed investment round of $1.2M. This is Thiel’s first investment in an Australian company.
ScriptRock’s technology allows companies to test complicated system configurations, (basically test how the applications are working) in an easier way. The investment will be used to grow the team and establish a US presence. It represents yet another example of venture capitalists looking beyond US borders for investment opportunities and the potential of technology markets emerging abroad. Read the press release.