Here are today’s tech funding stories.
VCs raise $5B
For the final three months of 2013, venture capital firms raised a big ol’ $4.9 billion for their funds. In all of 2013, VC firms raised a total of $16.6 billion. According to the National Venture Capital Association and Thompson Reuters, this figure represents a 12 percent increase in dollar amounts over the third quarter. Read the rest on VentureBeat.
Wandoujia closes $120M
One of China’s leading app stores — Wandoujia — raked in $120 million in new funding today to support its strong growth and fuel its efforts to rise above that crowded market. Wandoujia runs an Android app store featuring over a million apps, with categories for games, videos, music, and more. Read the whole post on VentureBeat.
Delivery Hero raises $88M
Delivery Hero, a Berlin-based startup that operates in 14 countries, announced today that it has raised a whopping $88 million in a fifth round of funding led by Insight Partners. The latest investment brings Delivery Hero’s total funding to nearly $200 million. Read the full story on VentureBeat.
Volusion raises $35 million in debt financing
The Austin, Texas-based Volusion, which operates a platform for merchants that want to create online stores, has raised $35 million in debt financing from Silicon Valley Bank, the company announced today. The $35 million debt round is the first outside funding the company has raised since its founding in 1999, and it may pave the way for a future IPO, according to a company representative. Read the full story on VentureBeat.
TrustPilot nabs $25M
A startup called TrustPilot wants to bring transparency to e-commerce with its online reviews service. Today, the Copenhagen-based company raised $25 million to expand its service to international markets. TrustPilot is currently hiring staff for its new offices in London and New York.Read more on VentureBeat.
Certain takes $17.8M
Event management software maker Certain has taken $17.8 million in funding, according to a regulatory filing with the SEC. In addition to the company’s founders, the Form D also names wealth management exec Morton Pactor. Read the rest on VentureBeat.
Upland gets $15M
Enterprise startup Upland Software has raised a $15 million growth equity round from Activant Capital. Trying to parse the Upland press release is a migrain-inducing giggle fit. In a word, we can say with certainty that Upland makes products for employees at huge companies to manage their work. Read the whole story on VentureBeat.
Sonian adds $8M
Email storage startup Sonian has taken a follow-on sum of $8 million to augment its Series C, which now totals $21.6 million. The cash comes from existing investors OpenView Venture Partners, Summerhill Venture Partners, and Prism Venture Partners. Read the rest on VentureBeat.
OpenSesame gets $8M
Online learning platform OpenSesame has taken $8 million in its first institutional funding round. The Portland, Ore.-based startup offers online training courses for the workplace. This financing comes from Partech Ventures.
Quandoo closes $8M
Restaurant-tech startup Quandoo has taken $8 million in funding. The cash comes from DN Capital and Holtzbrinck Ventures. The online restaurant reservation software challenges incumbent OpenTable and includes tools for yield management and cashier counters. The funding will be used to grow Quandoo’s presence in Europe. Read the full post on VentureBeat.
SNUPI gets $7.5M
Millions of people have to deal with water damage each year, and Snupi thinks it can make some big cash preventing that damage from happening in the first place. The company’s investors seem to agree and have given Snupi $7.5 million to help bring the WallyHome, Snupi’s first product, to market by March. Read more on VentureBeat.
Kontangent closes $5M
In an SEC filing, we learn that mobile analytics startup Kontangent has taken $4.8 million in a third institutional round of funding. To date, this brings the company’s total VC funding to more than $22 million. Read the rest of the story on VentureBeat.
Keen takes $3M
Keen, a startup for print-to-web ecommerce for print shops, has raised a $3M in Series A funding. Previously, the company had taken $1.73 million in seed and angel rounds. The new money comes from IDG-Accel and existing investor 500 Startups. Read the whole post on VentureBeat.
Mindie gets $1.2M
French iPhone app Mindie has taken $1.2 million. The app lets users create music videos, and backers include SV Angel, Lower Case Ventures, David Tisch, Dave Morin and Slow Ventures, Nick D’Aloisio, Betaworks, and a few celebrity managers.
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