Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
Technology impacts more and more facets of our lives each day. Doctors now provide specialty services for edgy startup types. Public transit and even sidewalks now have technological elements. Even talk radio is being squeezed into mobile apps.
Startups enabling all these technological shifts have revealed new funding in recent hours, and we’ve got the scoop.
One Medical Group has closed a fresh $40 million round of funding, the startup announced today. One Medical operates a chain of high-end doctor’s offices that allow patients to book same-day appointments online, track their personal health between doctor visits, and get lab test results back sooner than usual by running the tests on site. One Medical charges a $200 annual fee for access to its doctors, and that’s on top of whatever you’re paying for insurance. Redmile Group let the new round of funding, with participation from existing investors.
Read more on VentureBeat: One Medical Group nabs another $40M to expand its chain of high-end doctor’s offices
SpringCM CEO Greg Buchholz really, really wants you to know his company’s name. The “content cloud services” company based in Chicago today announced $18 million in new financing that it will use primary to rev up its sales and marketing engine. SpringCM is about much more than sync and storage. From day one, it’s catered to enterprise customers, with a focus on security and document management features. SpringCM has a document workflow “engine,” version control tools, document check-in, and so on.
Read more on VentureBeat: SpringCM: With this $18M, we ‘want to be in every fight’ with Dropbox & Box
Urban transportation tracker Citymapper just racked up a fresh $10 million to keep helping people take advantage of public transit, sidewalks, and everything in between. Balderton Capital led the round. Connect Ventures, Index Ventures, Greylock Partners, and a host of angels also chipped in. Citymapper is currently only available in New York, Paris, London, and Berlin, but it is actively seeking user input as to where they should launch next. The company is based in London, and this is its first found of funding.
Read more on VentureBeat: Citymapper just got off the funding bus and is now $10M richer
Volar Video hits play on $10M
Volar Video, a digital video technology company, is in the process of raising a $10 million funding round, according to an SEC filing. “We have developed a proprietary online video platform and content management system (CMS), giving our clients the ability to broadcast and distribute digital content at a limited cost,” the company’s website states. Its clients include the Kentucky Speedway, the USA Swimming Network, and others.
Volar Video is based in Lexington, Ky. It promoted its chief sales and marketing officer, David Bertram, to the chief executive role on February 1 of this year. The company has raised $1.33 million in debt to date.
Read the SEC filing.
Social recruiting site Work4 raises $7M
Work4, a company that bills itself as a leader in social and mobile recruiting, has picked up a $7 million series B funding led by Serena Capital, with participation from Matrix Partners. This brings the company’s total funding to $18 million. The company includes PepsiCo, Staples, Unilever, and Michelin on its list of clients, and says that more than 12 million jobs have been shared to social networks through Work4’s tools to date. The company, founded in 2010, is based in San Francisco and Paris.
Read the press release: Work4 Closes $7 Million in Series B Funding
OwnZones Media Network picked up $5.9 million in new funding. The company wraps a paywall around newspaper and magazine articles, music, videos, images, and even e-books. Clearly some investors think it’s wise to monetize in that way, in addition to or instead of packaging up valuable content with ads. In announcing the news earlier today, OwnZones didn’t name its latest investors.
Read more on VentureBeat: Look, Ma, no ads. OwnZones, which prefers paywalls, gets $5.9M
Streaming radio startup Stitcher has raised $3 million of a possible $5.1 million round, according to an SEC form D filed earlier this month. Stitcher confirmed the raise to VentureBeat but decline to comment about what it plans to do with the additional capital. Founded in 2008, the San Francisco startup has raised a total of $24.7 million in funding to date from New Enterprise Associates, Benchmark, New Atlantic Ventures, and others.
Read more on VentureBeat: News & talk radio service Stitcher secures $3M
Enplug displays $2.5M
Enplug, a company that makes high-definition smart displays for business to display their social media, just announced a $2.5 million round of seed funding from Justin Caldbeck (Lightspeed Venture Partners), Bill Gross (Idealab), Hossein Eslambolchi (formerly of AT&T), Larry Keele (Oaktree Capital), and StartEngine, a Santa Monica, Calif. accelerator. Enplug’s display screens range from 32 to 80 inches, and can be easily managed through various apps.
Read more on Enplug’s blog: Enplug launches company and raises $2.5 million seed round
Nervana Systems, announced $600,000 in seed funding today to help build hardware that could function more like human brains to solve complex problems by deducing information, recognizing patterns, and gradually becoming smarter over time.
Read more on VentureBeat: Nervana takes $600K to build hardware for deep learning
VentureBeat’s VB Insight team is studying marketing analytics...
Chime in here, and we’ll share the results