What do serial entrepreneurs and breakfast cereal have in common? In both cases, one serving is not enough. Today’s funding news was riddled with companies founded by serial entrepreneurs. For these guys, one startup does not satisfy . They start companies, and then following acquisitions, consulting gigs and/or time-off, start more. This tendency is sort of how I feel about breakfast cereal. I pour a bowl of cinnamon puffins, and find myself unsatisfied after with strong cravings for more.
TOA raises $66M to eliminate hours spent waiting on the cable guy
TOA Technologies has raised $66 million to create a more efficient mobile workforce. TOA develops software-as-a-service to help businesses manage their field employees, like cable technicians or healthcare providers. It makes sure the right technician gets to the right address with the right tools at the right time. Technology Crossover Ventures led this round, which brings TOA’s total capital raised to $96.2 million. This is the company’s fifth round of funding. Previous investors include Draper Triable Ventures, Early Stage Partners, Intel Capital, and Sutter Hill Ventures. Read more on VentureBeat.
Open-Xchange opens up $20M in third round of funding
German company Open-Xchange has closed $20 million in its third round of financing to advance is cloud-based collaboration and office productivity tools. OX’s suite of apps help businesses manage files, email, pictures, music, and documents. The goal is to become the web desktop for cloud services. It gets sold and delivered through cloud and hosting providers, telcos, and local Internet services companies. United Internet Ventures, former Deutsche Bank COO Hermann-Josef Lamberti, and existing investors led this round. OX has raised $37.8 million to date.
RiskIQ puts companies in a threat-prevention state of mind with $10M
RiskIQ completed its first round of funding today for $10 million. The company has set up monitoring stations all around the world to watch a number of websites and mobile applications for any kind of weird behavior. It claims to be monitoring “tens of millions” of these properties a day. When it comes across something that seems suspicious, it alerts its clients. In January, an SEC filing revealed that the company had already raised $7.5 million with the $2.5 million still up for grabs. The round was led by Summit Partners. Read more on VentureBeat.
Web analytics startup Kissmetrics raises $7M
Serial entrepreneurs Hiten Shah and Neil Patel have raised $7 million for Kissmetrics, a web analytics startup that helps small e-commerce companies make data-driven decisions. An SEC form filed today lists True Ventures’ Tony Conrad and Azure Capital’s Cameron Lester as investors in this second round of funding. Read more on VentureBeat.
Swell raises $5.4M to ‘reinvent news radio’ around your preferences
Swell, the startup “reinventing news radio,” closed a $5.4 million round of funding, led by elite firm Draper Fisher Jurveston. Swell provides a Pandora-like service for listening to podcasts. The iOS app delivers an audio stream of up-to-date, curated news and information and learns from your behavior to make personalized recommendations. Google Ventures, InterWest Partners, Correlation Ventures, and Draper Nexus Ventures also participated in this round. Read more on VentureBeat.
Kapost gets $5.6M to help brands make the most of their content
Content marketing startup Kapost has raised $5.6 million for its software that helps brands make the most of their publishing efforts. They can manage content like blog posts, social media activity, eBooks, videos, etc… from one location. Kapost’s platform features tools for planning and organization, production, distribution, performance measurement, and analytics. The Boulder-based company is profitable and working with big brands including INtel, AT&T, Oracle, Allstate, GeneralMills, and Lenovo. Lead Edge Capital and Floodgate led this round.
Employee competition software company Objective Logistics gets $5.3M
Objective Logistics brought on a $5.3 million round today. The company created Muse, a program that helps keep your employees excited and productive at work. It focuses on hourly employees in the food industry and similar positions. The software puts these employees in competition with each other through ranking based on their performance. Prizes, such as being able to pick your favorite shift, are awarded through the software. The company plans to use the funding to bring on more customers and extend beyond the restaurant industry. Atlas Venture led the round with participation from Google Ventures and Next View Ventures.
Sindelantal raises $3.275 to fuel Mexico’s obesity problem
Online food delivery service for Mexico SinDelantal.Mx has raised $3.275 million. Along the lines of Seamless, GrubHub, Eat24, Food Panda, Delivery Hero, and Just Eat, SinDelantal powers online ordering for restaurants. Spanish venture capital firm. TechCrunch reported that Seaya Ventures led this round, the same firm that invested in Spain’s SinDelantal which sold to Just Eat in October 2012. This news is unrelated, but comes shortly after the revelation that Mexico has surpassed the U.S. as the most obese country in the world. Food for thought (ha).
Quarterly closes $3.25M to send you gifts from important people you don’t know
Quarterly has raised $3.25 million to make you feel like you do. Quarterly is a startup based in Hollywood that offers a subscription service for gifts. Upon signing up, you subscribe to any of Quarterly’s “influential contributors” you find interesting, and every few months, you will receive a package with little gifts from those people. True Ventures added $1 million to Quarterly’s previously raised $2.25 million, which came from Collaborative Fund and VegasTechFund. Read more on VentureBeat.
Founders of Hotwire, TripIt raise $3.2M for furniture resale marketplace
Chairish wants you to sit and sleep in style, without going broke. The startup has raised $3.3 million to grow its peer-to-peer marketplace for reselling furniture. Chairish is basically an online consignment store filled with Ralph Lauren chairs, mahogany tables, and handcrafted rugs. People list furniture or decor they no longer want, and others can browse through pages of furniture at reduced prices. Azure Capital Partners and O’Reilly AlphaTech Ventures (OATV) led this round, both who invested in TripIt. Read more on VentureBeat.
Real-time bidding platform AcuityAds raises $2.9M from Canadian VC
Toronto startup AcuityAds has raised $2.9 million dollars in debt financing for its platform that enables real-time bidding for display advertising. It helps brands make the most of their digital marketing efforts and works with Fortune 500 companies and large brands like Dell, National Geographic, Sears, Subway, BestBuy, GE, Gm, Popeyes, Ford, and Johnson and Johnson. Canadian VC firm BEST Funds led this round to accelerate its sales.
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