Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.
Emergence Capital raises $335M fund to invest in enterprise startups
Emergence Capital has closed its fourth fund, Emergence Capital Partners IV, with $335 million.
The venture firm plans to focus on enterprise technologies, particularly software-as-a-service (SaaS) cloud technologies, mobile tech, and tools for helping people work together better.
Jet raises $140M -- before it's even launched a site
Jet.com, which plans to launch an online e-commerce marketplace, has raised a $140 million convertible note, led by Bain Capital, that gives the company a reported post-money valuation of $600 million. And it hasn't even launched its site yet. All there is at Jet.com right now is a big "coming soon" banner. Jet is based in Hoboken, N.J.
Sigfox raises France’s biggest VC round ever at $115M
Sigfox, a startup based in the southwest corner of this country, has raised $115 million to fund a global expansion of its wireless network that is dedicated to connecting Internet of Things devices.
That amount tops the $100 million raised by Paris ride-sharing leader BlaBlaCar last summer, a round that at the time was considered the biggest ever in French history. The $115 million round not only will accelerate Sigfox’s growth, but it should cement its place at the top of any list of Europe’s hottest startups.
AppDirect raises $50M to power sales for SaaS companies
AppDirect just grabbed $50 million to grow its e-commerce platform that sells cloud products from the likes of Samsung, Comcast, and Rackspace.
Today’s raise brings the company’s total funding to $110 million. AppDirect is a cloud-based marketplace featuring hundreds of software-as-a-service apps. It connects businesses and consumers to the software they’re looking for and gives its clients a management system for handling billing, distribution, and reselling services.
Miovision secures $24M to connect traffic signals to the Internet
Internet of things company Miovision this week announced a $24 million ($30M CAD) funding round led by MacKinnon, Bennett & Co. The Ontario-based company says it plans to use the new capital to "expand its team and accelerate its vision of smart cities and cloud-based traffic management technology."
Read more: Press release
Fancy raises a reported $20M round of funding
Curated shopping site Fancy (formerly “The Fancy”) announced yesterday that it had raised a Series D round of funding led by Mexican billionaire Carlos Slim Domit, Japanese company Culture Convenience Club (CCC), and investor and America Movil executive Arturo Elias.
Reserve takes $15M to be your go-to app when you’re hungry
People are hungry for good service at restaurants, and that’s why mobile concierge app Reserve just raised $15 million. Reserve books a dinner reservation and sets up a payment option (including tip) so that when you’re done with the meal, you just get a thank you card — not a bill.
Human Ventures Capital led the syndicate round, a new firm founded by Reserve’s co-founder Joe Marchese, and Expa, a startup strategy company.
TuneGo raises $1.2M to help musicians find fans — & record deals
Las Vegas-based TuneGo, a fledgling music discovery service for indie musicians, has raised $1.2 million and is planning the official launch of its platform for later this quarter.
This list will be updated with breaking funding news all day. Check back for more.
