The Northern Lights should make a rare appearance in parts of the U.S. tonight. The location and duration of the lights are unknown, and they only last for five to ten minutes. So if, fair Funding Daily readers, you are anywhere near the Northern Plains, the Great Lakes region, and Northeast, go take a gander and hope for a glimmer. In the meantime, here is some funding news.
Radius takes $13M to spot great sales leads and add salespeople of its own
Lead-generation startup Radius scored $13 million from Formation8 Partners, BlueRun Ventures, and Radius CEO Darian Shirazi also participated. Radius tracks lots of different kinds of data on businesses and makes them available for customers to search through, to indicate which ones should be contacted. This funding will help Radius slurp in more data sources and hire people/ This brings the total capital raised to $28 million. Read more on VentureBeat.
Axtria helps businesses analyze their customers with $4.8M
Axtria wants your company to run on data. The company, which creates analytics tools to that end, received $4.8 million in funding today. Axtria builds sales, marketing, and customer management data analytics tools that help companies analyze their current customers to find out how to get more and how to keep the ones they have. Today funding comes from Richard Braddock of the Aspen Institute and Amarpreet Sawhney. The company is headquartered in Berkeley Heights, N.J.. Read more on VentureBeat.
Bee Cave Games hits jackpot with $1.9M in additional seed funding for its social casino games biz
Developer Bee Cave Games revealed today that it has raised $1.9 million in additional seed funding. Investment firm Dragonrise Capital joined with previous investor Matrix Partners to inject the cash into the social-casino studio. The studio produces things like the free-to-play Bee Cave Blackjack Casino for Facebook and mobile. Read more on VentureBeat.
Smartvue sets its sights on $1.8M
Video surveillance firm Smartvue has raised $1.8 million, according to an SEC filing. The company makes cloud-based software that enables its customers to view and manage surveillance networks from their computers, tablets, or phones. It also offers cloud storage for video and consulting services. Smartvue previously raised a $250,000 seed round in February 2010.
Bookmarklet company Chnl received $1.5M to help you save sites
Chnl is another one of those services that lets you bookmark content to be revisited and shared. It received $1.5 million in funding, according to a filing with the Securities and Exchange Commission. Chnl puts your favorited content in to a landing page, which you can then share with other people. Chnl is based in Santa Monica, Calif. and was founded in 2010. The funding was provided by Dale Okuno.
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