Here are today’s funding announcements:
PlaceIQ gets $15M
If there’s one thing marketers can’t seem it get enough of, it’s data on how to better target potential customers. And it seems investors can’t get enough companies that aim to do just that. PlaceIQ, a New York City-based startup that’s developed a mobile location intelligence platform, has raised $15 million in a third round of funding led by Harmony Partners. The company has now raised around $28 million in total. Get the full story on VentureBeat.
Splice Machine scores $15M
Monte Zweben, chief executive and a cofounder of big data startup Splice Machine, believes his team has a good thing going on: software that can let applications take advantage of lots of different kinds of data, right as it comes in. Read the rest on VentureBeat.
Kantox raises $8.9M
Today London-based FinTech firm Kantox has secured €6.5 million ($8.87 million) in its first round of institutional funding. The finance company hopes to challenge banks in the currency exchange game. Founded in 2011 by former Deloitte employee Philippe Gelis, Kantox enables small to medium-size enterprises and mid-cap companies to avoid bank and brokerage fees of to business foreign currency exchange. Read more in the press release.
Calpont takes $7.5M
These days, database companies seem to have little trouble raising capital. If they can help businesses organize and mine trends from big data, they’re as good as gold. Or at least a few million in cash, anyway. Today it’s funding day for the company behind open-source analytics database InfiniDB. The company has taken on $7.5 million in a new funding round led by McDonnell Ventures. Get the full story on VentureBeat.
iSocket raises $5M
Digital advertising startup iSocket has closed a fresh $5 million round of funding today. ISocket’s platform helps digital publishers bring in advertising sales from high-end clients by automating the process. ISocket gives those advertisers a fixed price rate sheet and online form for placing their ads on a particular site. Publishers then review those ads before they go live to ensure they’re a good fit. (Think of the platform as selling an elevated version of programmatic ads.) Read the rest on VentureBeat.
iDevices gets $4.25M
iDevices, a company known for its Apple-focused hardware, has raised $4.25 million in a new round led by Connecticut Innovations and Stonehenge Capital. Its products include the iGrill and the iShower. The company says it plans to use these funds to grow its inventory, add 20 new hires this year and expand its current office space. Read the press release.
Rocketrip raises $2.6M
You can earn $1 for every $2 you save your company on travel plans. That’s the basic idea behind Rocketrip, a New York-based startup incubated in the latest Y Combinator batch. Rocketrip today announced that it has raised a $2.6 million funding round led by venture firm Canaan Partners, with participation from Genacast Ventures and other investors. The company previously raised a $575,000 seed round from Genacast and others, so its total financing stands at a bit over $3 million. Read more on VentureBeat.
Naehas aims for $2M
In an SEC Form D filing today, we learned that marketing startup Naehas has secured just over $1 millon of a proposed $2 million funding round. The company claims its Fortune 100 clients have fund great success with its big data-driven marketing platform.
CoPromote gets $1.8M
Headliner.fm, a site where users promote each other’s content, is taking on a new name, CoPromote, and announcing that it has raised $1.8 million in seed funding. Read more on TechCrunch.
ArborMetrix takes $1.3M
ArborMextrix, a provider of real-time health care analytics, has taken a $1.3 million add-on to its second round of institutional funding. Renaissance Venture Capital Fund and Detroit Innovate joined RPM Ventures in the Series B. Get the rest of the story in the press release.
Splice Machine’s Hadoop RDBMS, is designed to scale real-time applications using commodity hardware without application rewrites. The Splice Machine database is a modern, scale-out alternative to traditional RDBMSs, such as Oracle®,... read more »
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