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Funding Daily: Alphabet Soup


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Today’s funding stories are about Apprenticeship, Babies, Code, Diapers, and Eating. The A,B,C,D, Es of funding if you will. Throw in a little Financing and Gadgets and the song begins to pick up steam. I could keep going, but I won’t. Hardware. Ok, now I am really done.

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Windeln brings home the gold (in baby diapers)

Windeln.de is a German online retailer for baby products, and it has tucked away $19.6 million (€15 million). In 2012, the company developed faster than a healthy toddler, and this financing will support continued growth. Known as the Diapers.com of the German-speaking world, Windeln’s inventory includes includes more than 20,000 products from 300 companies. Existing investor DN Capital and new investor MCI led this funding round, with participation from Acton Capital Partners and 360 Capital. Read more on VentureBeat.

Thinkful’s custom code tutoring may help you land a jobRead more on VentureBeat.

Thinkful’s education platform provides students and recent graduates with one-on-one training  in high-demand, practical skills. Thinkful adopts the “apprenticeship” teaching model, whereby students work with qualified mentors and gain practical experience through projects. Today, the company announced that it received $1 million in seed financing from Peter Thiel, RRE Ventures, Quotidian Ventures and others. Founder Dan Friedman was selected as one of the first 20 Under 20 Thiel Fellows in 2011, and Thinkful marks the first investment Thiel has made in a Thiel Fellows company. Read more on VentureBeat.

Codenvy raises $9M to take code for a ride in the cloud

Investors are green with Codenvy. Today, the startup which provides a cloud-based environment to code, build, and test apps, announced that it closed $9 million in its first round of funding. Toba Capital led this $9 million round, with participation from Auriga Partners and a number of angel investors. Codenvy was formerly known as Exo IDE and is based in San Francisco. Read more on VentureBeat.

Splitsecnd calls for help when you can’t in a car crash

Splitsecnd is a crash detection and emergency response system. It works through a small piece of hardware that plugs into a car’s cigarette lighter. In the event of a collision, Splitsecnd automatically calls for help. The startup’s mission is to make heightened automobile safety accessible to people without smartphones or GPS systems, who aren’t driving luxury cars, and who may not be the most tech savvy. To support its expansion, Nashville-based Splitsecnd raised $2.1 million from Tennessee Community Ventures, the INCITE co-investment fund, the Jumpstart Foundry, and a private investor. Read more on VentureBeat.

EatStreet fills its belly with Midwestern money

Online ordering site EatStreet gobbled up $2 million in funding. EatStreet offers a similar service to well-known sites like Seamless and GrubHub, but distinguishes itself by focusing on smaller markets, outside of big cities. The marketplace gives local restaurants a way to enable online ordering. It has grown into 20 cities and over 1,000 restaurants and will use the capital to continue entering new markets. The round was led by Cornerstone Opportunity Partners and includes participation from Great Oaks VC, Independence Equity, and the Wisconsin-based accelerator generator.

Photo Credit: Hobbes vs Boyle/Flickr

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