Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.
While our San Francisco colleagues enjoyed their balmy, 64-degree commutes, the VentureBeat New York crew huddled indoors as a half-foot of snow blanketed the city.
But in between cups of tea and prayers to Ullr — the only god cool enough to rock a pair of skis — we caught wind of these seven funding stories.
Earlybird VC heads east with new $130M fund
Earlybird Venture Capital, a Berlin-based investor, has raised $110 million toward the completion of a $130 million fund. The new Earlybird Digital East Fund is for early stage and early growth startups in Turkey and Central and Eastern Europe. Earlybird has raised over $900 million since its founding in 1997. Read more on Earlybird’s blog.
Kareo nabs $30M to bring cloud tools to medical practices — starting with a free EHR
Kareo, which sells cloud-based medical-office software and services, has secured $29.5 million in growth capital funding led by Greenspring Associates, with participation from OpenView Ventures and Silicon Valley Bank. An estimated 30,000 medical practitioners and administrators use it daily. Read the full story on VentureBeat.
BuildDirect secures $27M to challenge Lowe’s, Home Depot
BuildDirect has raised $30 million Canadian (about $27.3 million U.S.) in its second institutional funding round, the company announced today. The Canadian company plans to use the cash to boost its team — from 175 people now to more than 400 by the end of the year — and add about 20 new product categories to the site. Mohr Davidow Ventures led the funding round, and BDC Venture Capital also participated. Read the full story on VentureBeat.
Mobile security startup Bluebox grabs $18M
Bluebox, an enterprise security startup, has secured a fresh $18 million round of funding, the company announced today. The round itself, Bluebox’s second, came from new investor Tenaya Capital as well as existing investors Andreessen Horowitz, Sun Microsystems cofounder Andreas Bechtolsheim, and SV Angel. Read the full story on VentureBeat.
Yet another social analytics deal: $5M for 4C
Carats, color, cut, and clarity? Nope, those aren’t the four Cs we’re talking about today. For now, the gem in question is a $5 million second round of institutional funding for 4C, a social media analytics company. The new round of cash comes from Jump Capital, a Chicago-based firm specializing in early stage and lower-middle market startups. Read the full story on VentureBeat.
Virtru snags $4M for encrypted email service
Virtru, an encrypted email service headed by a former National Security Agency cloud security architect, has raised $4 million from various angel investors. The service launched today, enabling people to encrypt their email and attachments in Gmail, Yahoo, Outlook, and Mac Mail. Read more on Virtru’s blog.
Pet-feeding robot startup gets $1.1M
Here’s one to put the petsitters out of business: Petnet, a remote pet-feeder company, has garnered $1.125 million in a seed round. The L.A.-based startup makes a glorified food bowl (called the SmartFeeder) and companion mobile and web apps that help you kinda-sorta take care of your companion animal from afar. Backers include Grishin Robotics, Kima Ventures, SparkLabs Global Ventures, and Launch Capital. Read the full story on VentureBeat.
VentureBeat is studying social media marketing
, and we’ll share the data with you.