Here are the day’s funding stories:
Austin, Texas-based venture firm LiveOak Venture Partners closed a new $109 million investment fund today. The firm said the new fund makes sense because it’ll take advantage of the state’s prominence as one of the largest areas for tech employment and new innovation in the country.
Read more on VentureBeat: Good news for Texas startups: LiveOak closes $109M fund
Clarizen, an ambitious enterprise software outfit based in San Mateo, Calif., raised $35 million in an F round of funding Wednesday. Clarizen touts itself as a serious enterprise work and collaboration platform whose main competition is Microsoft-owned Yammer.
Read more on VentureBeat: Enterprise collaboration company Clarizen snares $35 million in funding
Mimosa Networks, the designer of super-fast Wi-Fi networking gear, has raised $20 million in a new round of funding from New Enterprise Associates. Campbell, Calif.-based Mimosa plans to use the upcoming 10G wireless Wi-Fi chips from Quantenna Communications to deliver Wi-Fi performance that is faster than a gigabit per second, or several times faster than many existing Wi-Fi networks.
Read more on VentureBeat: Mimosa Networks raises $20M for super-fast Wi-Fi wireless internet
FutureAdvisor raises $15.5M
FutureAdvisor, a startup with software for figuring out the best way to use people’s financial portfolios, has raised $15.5 million in new venture funding. FutureAdvisor automatically moves people’s money around, easing up the challenge of adjusting investments on the fly to make the most of market conditions. The startup’s free service now tracks $11.4 billion in assets, after coming out of beta in September. Canvas Venture Fund led the round. Sequoia Capital also participated.
Read more at Venture Capital Dispatch.
Slow apps: Nobody likes them. But an Irish startup named Golgi claims it can change that by enabling developers to speed up the load and update times of their apps. Spinning out of Openmind Networks, Golgi is coming out of stealth with $5 million in tow from its parent company, and its service is now available for both iOS and Android apps.
Read more on VentureBeat: This startup just pocketed $5M to turn your app from a snail to a gazelle
AppsBuilder today announced a $1.5 million funding round led by European-based venture capital firm United Ventures. AppsBuilder is one fish in a sea of create-your-own-app tools. Similar apps include iGenApps, MobileNation, Appscend, WebMobi, and AppMachine. Unsurprisingly, the new capital will be used by AppsBuilder to growth amidst the widespread competition.
Read more on VentureBeat: AppsBuilder, yet another code-free app creation tool, raises $1.5M
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