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Funding Daily: Ohm $hanti


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With all the hullaballoo that has been going on this week, today felt delightfully zen. No companies used loud music, bright colors, or sugar to attract my attention, and I was able to cover their funding in a sea of calm. And dollars.

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Zendesk unveils a new app and a new, huge chunk of VC change

Customer service software maker Zendesk has raised $60 million in new funding. The company also presented a brand new version of its interface and features today, and recently announced that it will soon offer mobile apps.

Redpoint Ventures led the round, with participation from Index Ventures and GGV Capital as well as Goldman Sachs and Silicon Valley Bank. Existing Zendesk investors Charles River Ventures, Benchmark Capital, and Matrix Partners also joined in. This round marks the startup’s fourth round of institutional funding and brings its total VC money raised to date to a healthy $85.5 million. Read more on VentureBeat.

Edo nets $15M to bring card-linked offers to small- and medium-sized businesses

Edo has raised $15 million in third-round funding to bring its local-offers technology to small businesses across the country. Edo delivers offers through credit cards, debit cards, and mobile devices. The round was led by VantagePoint Capital Partners, with participation from Baird Venture Partners and other existing investors. Edo has raised a total of $54.3 million to date. Read more on VentureBeat.

Stealth startup Linqia pulls in $3.4M to connect community managers with brands

Linqia, a stealth startup that describes itself as a pay-for-performance network for advertisers, has pulled in its first round of funding. The securities and exchange filing shows that the startup has raised $3.4 million. Javelin Venture Partners’ managing director, Jed Katz led the round. From what we have gathered, Linqia connects companies and brands with community managers. The basic idea is that brands are looking for an audience and community managers have an audience, perhaps the two should work together. Read more on VentureBeat. 

SendtoNews sends its sports syndication network onto the field

SendtoNews has procured $3 million in seed funding to launch its sports video network. The company strives to establish “the continent’s first expansive sports video distribution network for the digital age.” Its platform is a central hub for multimedia sports content to be gathered and distributed. Read more on VentureBeat.

Carbon Design System munches $4M from Samsung for its chip development technology

Samsung Venture Investment Corporation has put $4 million into Carbon Design Systems and announced the formation of a strategic partnership. CDS develops virtual prototypes for companies that focus on wireless networking and consumer electronics. These prototypes cut down on manufacturing time for chips that power electronics. The money will fuel Carbon’s design efforts, which Samsung will use to build its products. Read the press release.