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Funding Daily: Shaking in my boots


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Whether or not the apocalypse comes tomorrow, I am shaking in my boots in anticipation. Not only is it currently freezing, but I have a highly overactive imagination and put far too much stock in ancient doomsday prophecies. If you share my concern, check out my techie’s guide to surviving the apocalypse. There are some valuable tips and tools in there. Until tomorrow, readers. I hope.

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Cloud Sherpas nets $40M to fuel its appetite for acquisitions

Cloud Sherpas, the brokerage services company that helps its customers take advantage of the cloud, is betting that you’ll need some expert guidance. Today, the Atlanta, Georgia-based company has raised $40 million in fresh funding. Cloud Sherpas works with customers in almost every vertical to aggregate cloud applications, and enhance the capabilities of existing software. It is showing impressive signs of traction, and projects it will pull in north of $100 million in revenues next year. The company raised $40 million in second round capital from existing investors Columbia Capital and Delta-V Capital, joined by Greenspring Associates, and Queensland Investment Corporation, one of the largest institutional investment managers in Australia. Read more on VentureBeat.

VivaReal raises $15M to help people find home in Latin America

VivaReal, an online real estate marketplace for Latin America, announced a $15 million round of funding to significantly deepen its footprint on the continent. Although its major presence is in Brazil, the platform operates six separate marketplaces and listings in 20 countries. The site is comparable to other real estate sites like Zillow, Trulia, and Craigslist. The real distinguishing feature is its focus on Brazil which has a booming real estate scene at the moment. VivaReal was founded in 2007 in the US and received its first investment, of an undisclosed amount, last year. This financing came from Valiant Capital Partners, as well as Kaszek Ventures and Monashees Capital. Read more on VentureBeat.

Canada’s Business Development Bank is “bullish” about startups on the Atlantic

The Atlantic Canada Regional Venture Fund received $10 million from BDC Venture Capital, bringing its fund to almost $50 million. The ACRV funds startups from Canada’s 4 easternmost provinces. BDC is apparently “bullish” about the potential for tech in this area, particualry in the areas of IT, clear energy, and healthcare. It joins the governments of Nova Scotia, New Brunswick, and Prince Edward Island as an investor. The fund will dedicate between $1 million to $5 million to each of its portfolio companies.

Dave McClure adds first German startup into his growing international portfolio

Dave McClure’s portfolio is beginning to look a lot like the It’s A Small World ride at Disneyland. This prolific investor has put $100K into Versus IO, his first entree into the German market. Germany is taking off as a entrepreneurial hub in Europe, so it is no surprise that McClure wants to have a presence in this market.Versus IO is a comparison engine based on a natural language algorithm. It culls information from around the web to present a straightforward side-by-side perspective. This brings its total amount raised to just under $1 million. Read more on VentureBeat.

TubeMogul absorbs $20M for real-time video advertising

TubeMogul snagged $20 million in its third round of financing for its platform where brands can buy video ad opportunities in real-time. The technology was “built for branding,” meaning it was designed with marketers’ needs in mind. Advertisers maintain significant control over their campaigns and receive reports about their impact. This investment was led by Northgate Capital, with participation from existing investor Trinity Ventures and Foundation Capital. Read more on VentureBeat.

Aussie startup’s NFC tech makes touching a marketing opportunity

Tapit, an Australian startup that just pulled in $2.3 million in its first institutional round of funding, is turning that need-to-touch into a marketing opportunity. The company makes chips that can be placed on physical objects like outdoor ads. Once tapped with an NFC-enabled phone, these chips open up a world of brand-specific content that matches that tag. This Series A round was led by Monash Private Capital, an investment firm based in Sydney. Read more on VentureBeat.

Brazilian ‘Warby Parker’ lays its eyes and hands on $1.6 million 

Lema21, an online retailer of designer eyewear, closed a $1.6 million round of funding. The site offers trendy frames at a set price and for each pair purchased, donates the cost to a local non-profit. To test out the specs, shoppers can use a virtual mirror on the site or opt for a try at home kit with four different sample pairs. Lema21 is set to launch in January of 2013. Social+Capital Partnership led this round, along with Brazilian eyewear exec Luis Mario Bilenky and others.

If you get $7 million in funding from Andreessen-Horowitz, then put a paragraph in funding daily

IFTTT, a service that lets anybody code commands like, “If the weather is rainy, then text my iPhone,” received $7 million in its first round of funding from Andreessen-Horowitz along with NEA and Lerer Ventures. The company plans on using the funding to simplify its service, as well as bring more ‘if this then that’ moments to mobile phones. The company also wants to let others program on top of IFTTT. For instance, Facebook could code IFTTT features right into its social products, beating users to the punch. Read more on VentureBeat.

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