Deals

Funding Daily: April 8, 2014


Get all the tech funding news of the day delivered straight to your mailbox! Sign up for Funding Daily and never miss a deal.


Here’s our daily roundup of all the notable startup funding announcements, which we cleverly like to call “Funding Daily.”

Growing dev-tool maker Atlassian takes $150M to reward its employees

Atlassian has been in that business since 2002. Its software for collaborating on code and monitoring software issues have become more and more popular over the years. And the company has gradually added revamped its services so that non-coders can get in on conversations, too. Today it’s pulling the covers off a nice, big investment, a $150 million affair led by T. Rowe Price. Dragoneer Investment Group also participated. Read more on VentureBeat.

Social reading platform Wattpad grabs $46M

Wattpad announced a massive $46 million third round of financing this morning, saying it would use the cash to expand its team and boost product development. The social reading platform already has 25 million users who spend six billion minutes a month on the platform, the company said, which means Wattpad has doubled in size over the past year. Read more on VentureBeat.

ItsOn raises another $12.9M so you can control your own damn data plan

Flexibility has never been wireless services’ strong suit — they’re sold in bulk plans which are often too big or too small for one’s ideal usage. But Andreesen Horowitz-darling ItsOn has been working to alleviate this (and the potential overloading of our infrastructures), and it’s now $12.9 million richer. Read more on VentureBeat.

Panoramic camera maker Altia Systems raises $10.5M from Intel Capital

Intel Capital has led a $10.5 million in panoramic camera maker Altia Systems. The second round of funding will help Altia expand its development of its PanaCast Personal Panoramic Video System, which can offer a panoramic high-definition video stream with a wide field of view. The camera is part of a larger PanaCast Experience, complete with cloud and apps. Read more on VentureBeat.

Closely grabs $3M to help you ‘spy’ on rival small businesses.

Closely helps small businesses keep track of the competition with Perch, a social monitoring app for iOS and Android. Soon it’ll help them sell to each other, too. The startup raised $3 million in new funding today, which it intends to use to build out its marketplace platform for small to medium businesses. Read more on VentureBeat.

Y Combinator’s Move Loot bags $2.5M to buy your old furniture

When thinking of buying and selling your old (Ikea?) furniture, a mild feeling of nausea and immediate desire to hide in a corner are likely your first reactions, no? Luckily, brand new Y Combinator alumnus Move Loot just raised about $2.5 million to help make the process much, much smoother for everyone involved. Read more on VentureBeat.

Neura raises $2M to connect all your devices into one harmonious app

Neura, an Israeli company connecting devices to your phone, announced today that it has raised $2 million in new funding. Neura’s technology meshes together a person’s various connected devices, locations, apps, and the Web, and personalizes those connections through adaptive learning about the person’s habits and behavior. Read more on VentureBeat.

0 comments