Today is Yom Kippur, the most sacred day of the Jewish year. It is the Day of Atonement, when observant Jews spend 24 hours fasting, praying, and asking forgiveness for their sins. And instead of visiting a Synagogue, calling my Bubby, or fasting, I spent the day writing technology funding news, I felt like the least I could do was dedicate this little bit of cyber space to the High Holy Day. Now it’s time to break out the Manischewitz!
Sponsored by VB
Medallia’s digital suggestion box for businesses locks up $35M
Medallia has announced raising $35 million for its Customer Experience Management platform, which analyzes customer feedback and provides insights that can serve to increase satisfaction, loyalty, and sales. Medallia is used by 50,000 businesses around the world, across a number of sectors including financial services, hospitality, and high-tech. This round of investment came entirely from Sequoia Capital and will enable Medallia to create more solutions and continue expansion. Read more on VentureBeat.
Criteo raises nearly $39M for display ads, not critters
While my inner child is disappointed that Criteo is not an online retailer of creepy crawlers, it’s still worth mentioning that the company raised $38.556 million (€30 million). Criteo helps businesses get the most out of display advertising. Its algorithms generate a personalized display banner that shows online shoppers the right ad at the right time with the right offer. SoftBank Capital led this investment, with participation from Yahoo Japan, SAP Ventures, Adams Street, and previous investors Bessemer. This brings the company’s total to just over $61 million. Read more on VentureBeat.
Duck Duck Moose puts $7M in its stew pot
Ed-tech company Duck Duck Moose collected $7 million for its educational apps for children. The company designs and develops original apps that have met with impressive success amongst parents, children, and investors. With this first round of investment, Duck Duck Moose will expand its team in order to add more apps to its library. The funding was led by Sequoia Capital and Lightspeed Venture Partners, with participation from Stanford University. Read more on VentureBeat.
Dig up buried treasure for your man on Bureau of Trade
Many men may not like to shop, but new e-commerce site Bureau of Trade slogs through the offerings across major online marketplaces, like eBay and Craigslist, to find random stuff dudes may like. Wanting to buy your boyfriend an African porcupine quill? Look no further. Items come paired with content that tells their story. After its beta launch in February, the company has closed $1.2 million in seed funding led by Foundation Capital.
GraphDive swims through your social graph searching for marketing treasure
GraphDive made two announcements today. The big data startup has opened its platform on an invite-only basis and disclosed $1 million in funding from Crosslink Capital, Correlation Ventures, and angel investors. The company’s flagship product is the Social API, which promises to monetize social data. The technology mines social graphs for information businesses can use for marketing purposes. Read more on VentureBeat.
VB’s research team is studying mobile user acquisition: Chime in here, and we’ll share the results.