Here are the day’s funding stories:
Tradeshift raises $75M
Tradeshift, a company that provides free electronic invoicing along with tools for managing payments and buyer-seller relationships, is announcing today a new $75 million funding round. The fresh money comes from Scentan Ventures, based in Singapore. It will help Tradeshift expand in Asia and set up an office in Tokyo. To date, Tradeshift has raised $112 million; Intuit and PayPal are among the companies that have previously invested. Get the scoop on VentureBeat.
Shape Security secures $40M
Shape Security adopts one of malware’s key strategies — altering its code to avoid detection — to protect enterprises from cyberattacks. It calls its product ShapeShifter. The cybersecurity startup has raised $40 million to continue building its ShapeShifter tech and sales team, the company announced today. Read the rest on VentureBeat.
D.light raises $11M
D.light, a designer and manufacturer of solar-powered lights, has raised a $11 million Series C round led by DFJ, Omidyar Network, and Nexus India Capital. Targeting developing markets and areas without access to reliable electricity, D.light has so far sold 6 million solar lights. Read more on VentureBeat.
Spree Commerce raises $5M
Spree Commerce announced today a new round of funding in the amount of $5 million. This is the company’s first institutional round. Thrive Capital led this Series A, with participation from Zappos founder Tony Hsieh’s Vegas Tech Fund, Red Swan Ventures, and existing investors True Ventures and AOL Ventures. Spree Commerce makes open-source software that helps online retailers quickly build out full-featured, customized storefronts on the web. Get more info on VentureBeat.
Wordboard takes $2.75M
Workboard, which makes software for enterprise managers, has just announced a $2.75 million round of funding. This is the startup’s first round of institutional funding, and it was co-led by Granite Ventures and Opus Capital with participation from Crosslink and Shea Ventures. Read the rest on VentureBeat.
Casper raises $1.6M
Meet Casper, the friendly mattress. Nighttime lifestyle brand Casper is raising $1.6 million from Lerer Ventures and Norwest Venture Partners. The round, which also includes capital from Crosslink Partners, Vaizra Investments, and Correlation Ventures, is a slap in the face to traditional mattress retailers, such as Sleepy’s Mattress Discounters. Get the details on VentureBeat.
Crowdnetics takes $1.6M
CrowdWatch aims to make the crowdfund investing landscape a lot more digestible. Rather than scouring individual crowdfunding portals for investment opportunities, you can visit CrowdWatch to see them all in one place. These aren’t Kickstarter or Indiegogo campaigns; every deal on CrowdWatch is a real investment opportunity made possible by the JOBS Act. Read the rest on VentureBeat.
Knightscope raises $1M
Knightscope, a Silicon Valley and Tokyo-based startup specializing in robotics, has raised a $1 million seed round from NTT DOCOMO Ventures and unnamed angel investors. Read more on VentureBeat.
Kanvas pulls in $1M
Sometimes, a spinoff app ends up becoming even more successful than its parent company. That was was the case for Twitter, and it’s also true New York City-based Tracks. After launching the photo sharing spinoff app Kanvas last year, Tracks is announcing today that it’s completely rebranding to Kanvas. The goal: Doubling down on that app’s success. Additionally, the company is announcing that it has received $1 million in seed funding from KEC Ventures, Scout Ventures, Dace Ventures, and others. Read the whole story on VentureBeat.
Globevestor starts a $500K raise
Globevestor, a network for investing in emerging markets, is jump-starting a $500K funding round. According to a recent SEC filing, the California-based company has so far raised $25,000 from institutional investors. Read the rest on VentureBeat.
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