My favorite thing about Wednesday may be the airing of Top Chef, but all the funding news that comes out in the middle of the week is a close second. In true hump form, I have discovered that the number of investment announcements really does come to a peak on Wednesdays, with soft slopes down to Mondays and Fridays. Plus, camels are funny looking.
Making every gamer famous, Twitch raises $15M to expand its eSports webcasts
Twitch provides “eSports” videos and other content to more than 20 million unique viewers a month. The company is positioning itself at the forefront of the live video-game streaming community, and now it will be on the expansion path thanks to a $15 million investment led by Bessemer Venture Partners. Twitch has raised a total of about $23 million to date, including a small seed round in 2005 and a first round of $8 million in 2007, when the company was operating as JustinTV. Read more on VentureBeat.
Opus Ventures takes Space-Time Analytics into its second dimension of funding
This morning, Space-Time Insight announced its second round of funding of $14 million. Space-Time Insight uses geospatial and visual analytic technology to help businesses interpret their energy and utility data. EnerTech Capital, Novus Energy Partners, and ClearSky Power & Technology threw in for this round, as did previous investor Opus Capital Ventures and Start Up Farms International. This brings the company’s total funding to $23 million. Read more on VentureBeat.
Mobli brings the simple bare necessities of photo and video sharing
Mobli, a real-time visual media platform where users can share photos and videos from their smartphones, has raised $20 million. The company integrates topical channels and geo-location technology so content is only shared with others who may find it interesting. This Series B came almost entirely from Kazakh businessman Kenges Rakishev. It brings Mobli’s total funding to $28 million. Read more on VentureBeat.
With a veteran startup team, Scopely raises $8.5M for social mobile games
Social mobile games company Scopely is announcing an $8.5 million seed funding round today. The Los Angeles company is making simple social games such as Jewels With Buddies and Dice With Buddies. Those games are clones of other popular mobile games but are getting millions of users. The investors include Anthem Venture Partners, The Chernin Group (headed by media executive Peter Chernin), Greycroft Venture Partners, and New Enterprise Associates (NEA). Read more on VentureBeat.
The Fab Shoes sells footwear to fashionistas strolling the streets of Southern Europe
The Fab Shoes, an online fashion retailer, has raised $1.85 million to expand deeper into Southern European markets. It currently operates in Spain, France, and Belgium. The site designs, manufactures, and distributes shoes and clothing to interested consumers. Social media is a key component of the platform, which also offers styling tips. The investment was led by Blumberg Capital and Kreos Capital and will be used to add more items into the inventory and roll out a mobile app. The company also has plans for a subscription service.
Flash Valet drives off with $1.25 million in funding
Flash Valet took $1.25 million in its first round of funding. The company makes cloud-based software that helps parking providers manage their operations. Instead of relying on old-school cash registers and paper tickets, this technology takes care of communication and payment processing through mobile phones. Vehicles can be tracked in real time, as can employee attendance. The product can be used at places like hotels, condos, restaurants, bars, hospitals, airports, arenas, and shopping malls. The investors are Trellis Partners, with equal participation from Austin Ventures, G51 Capital, and 186K Ventures.
Mobile bodyguard MyForce packs $2 million in heat
MyForce secured $2 million from Greenline Ventures. MyForce is a personal security service for your smartphone. The app offers 24/7 emergency monitoring to users, who can contact a professional response team by just tapping a button. The investment will enable the company to offer the service on a large scale and embark on a nationwide marketing campaign. The app is currently available for free during a trial period and will eventually cost $11.99 a month or $119.99 a year.
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