An inordinate number of startups raised funding today in a variety of sectors, from the popular (such as mobile payments) to the obscure (online flower delivery?). Most of these startups are based in the U.S., but a few are in emerging markets, like Brazil’s iFood.
E-commerce and mobile-focused startups were particularly hot today, which echoes a recent trend. Crowdfunding and cloud computing startups also succeeded in raising investment.
Here’s your list of all the startups that locked down funding today:
PayNearMe nabs $20M to bring cash-lovers into the digital economy
PayNearMe has developed a solution that enables people to buy products and make payments online, using cash. The company announced today that it has raised $20 million in funding and that its payment volume tripled in 2013. Read the full story on VentureBeat.
Video ads startup Vungle raises $17M from Google, AOL, & others
Vungle, a mobile video advertising startup, raised a $17 million series B funding round today. Vungle focuses on integrating 15 second high-def video ads that play within mobile apps for iOS and Android. Read the full story on VentureBeat.
CircleCI gets $6M for its continuous integration service
These days, companies big and small want to change their websites and applications all the time. The process of making sure code works properly can be tedious. In recent years, startups have offered cloud services to do the hard testing work. That niche is getting more traction. Today CircleCI, a vendor of this sort of service — known as continuous integration (CI) — announced in a blog post that it has raised $6 million in funding from venture capital firm DFJ.
Never lose a file again: Docurated nabs its first major funding round
Nowadays, people use a bevy cloud storage services for work — Dropbox, Box, Google Drive, Egnyte, and Hightail just barely scratch the surface. That’s the problem New York City-based Docurated has set out to solve. The startup, which today announced $3.75 million in new funding, offers companies the capability to index and search for all their files, whether they’re on local servers or cloud storage services. Read the full story on VentureBeat.
Y Combinator’s BloomThat takes a tech-savvy approach to sending flowers
Flowers aren’t just about looking pretty. Americans spend $27.8 billion a year buying flowers, and BloomThat is trying to change the way they do it. This Y Combinator-backed startup has raised a $2 million seed round from a bouquet of well-known angel investors and launched a free mobile app. Read the full story on VentureBeat.
Jack Erwin nabs $2 million to become the Warby Parker for men’s shoes
Jack Erwin, a company that sells high-end shoes for men, announced that it has raised $2 million led by Crosslink Capital. Shasta Ventures and Menlo Ventures also participated in the round. The average price for a pair of shoes is about $200 — the company appears to be following a similar model to hipster eyeglass company Warby Parker.
IFood raises $2M to expand its online food delivery empire
An online food delivery startup called iFood raised $2 million in funding from Brazil’s mobile content developer, Movile. IFood is Brazil’s answer to a U.S.-based GrubHub. The company offers a service for both Android and iOS, and is present in every major city in Brazil.
Crowdfunder nabs $1 million to expand to new markets
Southern California’s crowdfunding platform Crowdfunder raised $1 million in its most recent round of seed financing. Participants in the round were mostly angel investors, including Good Worldwide’s chief executive Ben Goldhirsh. The company plans to use the funding for its international expansion efforts.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more