Social media superstar Gary Vaynerchuck and “superangel” offspring Ronny Conway are both kicking off their new funds. We’ve got details on those below, along with the rest of your daily funding news.
Ronny Conway raising up to $51M for a fund, plus another $19M in parallel funds
Ronny Conway, the son of star investor Ron Conway, is in the middle of raising money for a new fund. According to several SEC filings today, Conway is raising up to $51 million for a “Capital Partners” fund as well two parallel funds worth up to $5 million and $15 million. None of the filings list any participants for the funds. Read more about Conway’s new fund on VentureBeat.
Here’s what Gary Vaynerchuck is really up to with that new $25M fund
Gary Vaynerchuk, known for founding VaynerMedia and Wine Library TV, has raised a $25 million seed fund. Vayner RSE already counts Medium among its portfolio companies. That deal was temporarily attributed to Vaynerchuk himself before Vayner RSE launched publicly. Read more about Vayner RSE on VentureBeat.
Smart body scale-maker Picooc is raising $20M
Picooc, a Beijing-based smart body scale maker, is raising $20 million in its second round of institutional funding. As the round hasn’t been closed, Picooc didn’t disclose the investors. Read more about Picooc on VentureBeat.
Aquantia gets $16M of a proposed $20M round
Aquantia, a Milpitas, Calif.-based semiconductor firm that launched in 2004, raised $16 million from unnamed investors, according to an SEC document. The funding is part of a $20 million proposed round. The latest chuck of cash brings the firm’s total raised to over $140 million. Aquantia manufactures integrated circuits. Previous investors include Greylock Partners, Lightspeed Venture Partners, Pinnacle Ventures, and Venture Tech Alliance. Read more about Aquantia on its website.
UrbanSitter raises $15M to help parents ‘reclaim their spontaneity’
UrbanSitter, a service that connects families with qualified nannies, has raised $15 million in its second round of funding. This funding will extend marketing efforts and bulk up product development. DBL Investors led this round, with participation from Match Group and Aspect Ventures as well as existing investors Canaan Partners, First Round Capital, Menlo Ventures, and Rustic Canyon Partners. Read more about UrbanSitter on VentureBeat.
Betaworks gets $10M from a digital media accelerator
New York-based seed investor Betaworks received $10 million in fresh funding, primarily from the Japanese accelerator program Digital Garage. This is an extension of the $20 million that Betaworks raised in December. The terms of the deal stipulate that the two firms will jointly invest in Japanese startups that want to expand internationally. The Wall Street Journal originally reported the news.
InfoReach raising $7M, its first outside financing
Electronic trading platform InfoReach has raised $5.3 million of a $7 million funding round, according to an SEC filing. Founded in 1995, the company provides software solutions for the electronic reading of financial securities. It has never raised outside financing until this current round. It’s headquartered in Chicago and currently has around 50 employees.
Little Bird helps you find social media heavyweights
In 2011, data journalist Marshall Kirkpatrick cofounded Little Bird, which today announced $1.7 million in seed financing. The Portland-based startup offers a web application with a handful of different tools that help people find social media heavyweights in a particular field. Oregon Angel Fund led Little Bird’s $1.7 million seed round, which brings the company’s total financing to $2.7 million (it raised a $1 million round in late 2012). Read more about Little Bird on VentureBeat.
Dunwello gets $1.4M
A stealthy startup aiming to make company performance reviews more frequent, Dunwello has raised $1.4 million in seed funding. It comes from NextView Ventures, Vegas Tech Fund, and G20 Ventures. Boston-based Dunwello’s founder, Matt Lauzon, was previously chief executive of jewelry e-commerce company Gemvara. Read more about Dunwello on its website.
Intalio raises $1.15M debt round
Intalio, a company that delivers private cloud solutions and enterprise software based on open-source code, has raised about $1.15 million in debt financing, according to an SEC filing. The company has raised $22.5 million in capital to date, most recently an $8.79 million round in December 2012. Intalio was founded in 1999 and is based in Palo Alto, Calif. Read more about Intalio on its website.
Berlin fertility app Clue scores $700K seed funding round
Clue, the Berlin-based fertility tracking app, today announced a €500,000 (around $680,000) seed-funding round led by business angel Christophe Maire, with Joanne Wilson, Luminary Labs Ventures, and existing investor Thomas Madsen-Mygdal also contributing. The startup will use the fresh capital to improve its product and increase its team plus localizing the app to different markets. Read more about Clue on VentureBeat.
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