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Some startups get the opportunity to get absorbed into Google. Take Songza, for example. News hit today about the search giant’s acquisition of the streaming music service, following reports last month about such a deal going down.
But not every startup has that destiny. Far from it. Funding rounds can keep startups buzzing and turning out products. Good thing VentureBeat has a bad, bad habit of rounding up this news for you. Here’s your latest hit:
The virtual network infrastructure company Plumgrid announced last week that it was raising a $17.2 million round of venture capital funding. The company filed a document with the Securities and Exchange Commission today indicating that it has now raised $16.2 million of the total. Longworth Venture Partners led the Series new round, with participation from U.S. Venture Partners, Hummer Winblad Venture Partners, Qualcomm Ventures and Swisscom Ventures.
Read more on VentureBeat: Plumgrid raising $17.2M for cloud-based infrastructure service
Job listings search site Simply Hired has simply landed a $12 million funding round. This brings the total raised so far to $34 million over five rounds. The new financing, announced Tuesday, will be used to back R&D in vertical search technology, data sciences and job seeker user experience, as well as to boost sales growth in the U.S. The new funding, from existing investors Foundation Capital and IDG Ventures plus City National Bank, is a combination of equity and debt financing.
Read more on VentureBeat: Simply Hired simply scores a funding round of $12M
For many startups, fundraising is a long and arduous process, with more obstacles that foreseen, and with disappointing results. But for web dev analytics startup Keen IO, this round was the opposite. Keen IO develops application programming interfaces (APIs) for custom analytics so that its customers can easily set up what they want to measure and let Keen IO handle the back-end infrastructure for it. Today, the company is announcing its first round of institutional funding, to the tune of $11.3 million. Sequoia Capital led the round, with additional participation from previous investors Pelion Venture Partners, Amplify Partners, Rincon Venture Partners, Morris Wheeler, and Cloud Power Capital.
Read more on VentureBeat: Keen IO builds your custom analytics infrastructure so you don’t have to
Racemi picks up $10M
Racemi, a company that specializes in helping people move software to clouds or from one cloud to another, has raised $10 million in new funding. The company can bring applications to Amazon Web Services, IBM’s SoftLayer, and GoGrid. It also has partnerships with CenturyLink Savvis, HP, Rackspace, and VMware. Customers include the Phoenix NAP. Milestone Venture Partners led the round. Harbert Venture Partners and Paladin Capital Group also participated. Atlanta-based Racemi started in 2001.
Tinder may be getting lots of attention for having reduced romantic interaction down to the swiping of a screen, but Hinge has shaking things up by adding an element of trust: The mutual connection. And it might be onto something, as the company announced today that it has raised a fresh $4.5 million for its dating app. Founders Fund and Lowercase Capital led the round. CAA Ventures, Lumia Capital, Middleland Capital, and Great Oaks also participated.
Read more on VentureBeat: With new money in tow, Hinge wants to be the fast-forward button of meeting people
VB's research team is studying web-personalization... Chime in here, and we’ll share the results.