Funding news was buzzing and the cash was flowing today, so we have plenty of big dollar stories for you. If you want funding news throughout the day, check our deals channel feed by clicking the RSS logo above.
Pinterest-esque Wanelo gets $2 million in its shopping cart
Shopping for the next e-commerce hit, investors have spent $2 million on budding startup Wanelo, an online shopping community where regular people share their uncommon finds. This $2 million round of funding was Wanelo’s first. Floodgate, First Round Capital, Naval Ravikant, Forerunner Ventures, Roger Dickey, Aayush Phumbhra, Andy Dunn, and other angels all participated. Read more on VentureBeat: Investors spend $2M on Wanelo, a social store that looks a lot like Pinterest.
Hail a cab in the 21st century with GetTaxi, which raised $20 million today
Israel-based GetTaxi has raised $20 million to take the hassle out of hailing a cab. GetTaxi places GPS components into taxi cabs, and provides customers with an application to flag down a cab using their mobile phones. Read more on VentureBeat: GetTaxi CEO actually a cab driver, sets sights on NYC.
Cloud computing gets a new chunk of money, $25M
Delphix, a startup that exists at the boring-to-consumers-but-otherwise-a-total-goldmine intersection between cloud computing and big data, has just dried the ink on a healthy funding deal — one that brings tech heavyweights like Battery, Greylock, and Lightspeed to the table. This is the startup’s third round of institutional funding, and it’s a whopper — $25 million and oversubscribed. Read more on VentureBeat: Big data + cloud computing = $25M from Silicon Valley’s biggest VCs.
Read all about it: Wattpad raises $17.3 million in capital
Six-year-old, storytelling and reading community Wattpad has raised the eyebrows of investors anxious to see how the startup’s plot unfolds. The cost for penning Wattpad’s next chapter? Just $17.3 million in cash. Khosla Ventures led the $17.3 million Series B round in Wattpad, the companies announced today. Yahoo co-founder Jerry Yang, Union Square Ventures, and Golden Venture Partners also participated in the round. Read more on VentureBeat: Storytelling service Wattpad raises $17.3M for next chapter.
Fanatics grabs money for foam fingers and stadium gear
Sports-centered e-commerce site Fanatics, owned by Kynetic, grabbed the attention of Silicon Valley venture capital firms Andreessen Horowitz and Insight Venture Partners to raise a $150 million round of funding at a $1.5 billion. Read more on VentureBeat: Fanatics shows its team spirit with $150M investment.
Threadflip gets $6.5 million in a first round of funding
Online consignment store Threadflip grabbed $6.5 million first round of funding. Much like a traditional consignment store, the website lets you buy and sell gently used women’s clothing. Shasta Ventures led the round, with participation from Lowercase Capital, First Round Capital, Baseline Ventures, Slow Ventures, Forerunner Ventures, Greylock Discovery Fund and Andreessen Horowitz. Read the press release.
Magnetic attracts $10 Million for ad targeting
Search retargeting company Magnetic grabbed $10 million funding Wednesday. Magnetic does ad targeting related to search terms. Edison Ventures led the round.
Makie raises $1.4 million seed round for creepy custom dolls
Make a computer model of an alien-looking doll and have it printed in 3-D; that’s the premise behind Makie’s business. You can design a doll in your likeness and print it in 3-D so you can hold in your hand. The company raised $1.4 million in seed money from Lifeline Ventures and Sunstone Capital. Matthew Wiggins, Daniel James, and Cedric Littardi also participated.
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