Deals

Funding Daily: Fast Friday

Image Credit: Shutterstock

Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.


Fridays are usually pretty slow for funding news, but these 8 companies are raring out of the gate after the holiday lull.

Spredfast lands $32.5M to court the social enterprise

Austin, Texas-based Spredfast, which makes a social media management platform for enterprises, has raised $32.5 million in a funding round led by Lead Edge Capital. Spredfast lets companies manage their social media presence across platforms like Facebook, Twitter, LinkedIn, Google+, and others through a single dashboard. Previous Spredfast investors Austin Ventures, InterWest Partners, and OpenView Partners also participated in the $32.5 million round, which puts Spredfast’s total funding at $63.5 million. Read more on VentureBeat.

DNAnexus builds online hub for scientists to store and share genetic data

DNAnexus wrapped up $15 million for its cloud-based platform that manages and analyzes large amounts of DNA data. DNAnexus builds HIPAA-compliant solutions for genetic-sequencing facilities, diagnostic test providers, and research centers. Its technology provides a central hub where researchers can collaborate on large DNA datasets. Claremont Creek Ventures, Google Ventures TPG Biotech, and FIrst Round Capital participated in this third round of funding. DNAnexus is based in Mountain View, Calif., and has raised $31.6 million to date. Read more on VentureBeat.

Tactus Tech raises $10- $15M round for touch screens 

Tactus Technology is raising $10 million to $15 million for its touch surface technology. Its screens turn flat surfaces on mobile devices into transparent physical buttons that rise up, on-demand. New investors include Ryoyo Electric Corporation, an electronics supplier in Japan, as well as other financial investors in Asia. Existing investor Thomvest Ventures also participated in this round.

Good Technology raising $10M

Good Technology has secured $4.65 million of a $10 million round, according to an SEC filing. Good Technology works with IT departments to manage and protect sensitive data within a large enterprise or government agency. It raised $50 million in April 2013, of an intended $60 million, with rumors of an impending IPO. This brings the total capital raised to over $130 million. Read the filing. 

Maverix Biomics helps life scientists analyze genes with $7.9M

Maverix Biomics created an open-source genome analytics platform to help “life science researchers” more easily study genes. The company packs the analytics systems with information about vertebrate, viral, bacterial, and plant genomes to help give context to the researchers’ results. In December the company received nearly $8 million in funding. The company is headquartered in San Mateo, Calif.

SnapRetail’s social media marketing in a box gets $4.15M

SnapRetail received $2.65 million in December, topping off its first round of funding. SnapRetail first received $1.5 million in July bringing the total to $4.15 million. The company creates a software as a service product that retailers can use to market their products online, specifically when it comes to email and social marketing. The funding comes from Adams Capital Management and a number of SnapRetail’s customers. Read more on VentureBeat.

Glyde glides into new funding

Glyde is raising a $2 million round of funding for its marketplace where people can easily buy and sell their games, mobile devices, and more. William Tai of Charles Rivers Ventures and Marc Weiser of RPM Ventures are listed on the filing. Glyde has raised $28 million to date. Glyde cofounder Simon Rothman is also a partner at Greylock Ventures. Read the SEC filing. 

Ube raises $760K for its smart home devices

Ube closed a round of $760,650 on crowdfunding site Fundable today. Ube allows people to control and monitor their electricity with their smartphone from anywhere in the world. The company produces a line of Wi-Fi enabled smart dimmers, smart plugs and smart outlets, along with a companion iPhone app.

More information:

Glyde is an innovative peer-to-peer e-commerce marketplace that makes buying and selling new and used video games, DVDs, and consumer electronics like iPads, and Kindles simple. Glyde’s e-commerce engine absorbs complexity making the... read more »

Spredfast gives marketers the solutions needed to manage their brand and connect with consumers in an increasingly social world. The Spredfast social marketing platform sifts through millions of pieces of social content per minute, so ... read more »

Powered by VBProfiles