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Well, look at this – only yesterday, API management platform Mashery announced its close of an additional $10 million in Series D funding, and today competitor Apigee is announcing a $20 million round led by new investor Focus Ventures. Also participating in the round were existing investors Bay Partners, Northwest Venture Partners, SAP Ventures and Third Point Ventures.
APIs are marching into education, and it’s about time. Education is rife with legacy infrastructure, with one of the primary offenders being Student Information Systems (SIS). Schools use these systems to store huge amounts of sensitive student information (class lists, attendance, grades and allergies, etc.), but they differ widely from school to school, which, among other things, forces developers to manually integrate with each unique system, making it difficult for their cool educational software or apps to achieve any kind of scale.
And now, we interrupt our regularly scheduled programming of mobile and social startups to bring you an urgent and breaking news announcement: a bass fishing startup. Mystery Tackle Box , which launched last week, is an online subscription service that sends customers 3-5 unique lures per month.
Design-oriented flash sales site Fab has raised $105 million in new funding, the company announced today.
Edmodo , the collaborative learning network for teachers and students, is announcing today it has closed a $25 million Series C round of funding. The round was led by new investor New Enterprise Associates, Inc. (NEA), and included participation from Edmodo’s existing investors Greylock Partners, Benchmark Capital, Union Square Ventures, and Learn Capital.
3D visualization technology has been around for some time, so Real5D closing a $1.2 million Seria A rund from the U.S. venture fund DoubleRock might look out of place to some.
In a doubling-down by existing investors, Pocket , the content-shifting company formerly known as Read It Later , has raised a $5 million series B round led by Foundation Capital, while Baseline Ventures and Google Ventures also participated. This follows a previous funding round of $2.5m, which all three VC firms participated in (along with Founder Collective, and several angel investors) — so effectively this is a follow on round. The company plans to use the new funds to bring its “save for later” experience to more devices and platforms, expand its team, and improve its services for developers and content partners.
Although it was only a month ago that Firespotter Labs CEO Craig Walker was telling us how his company (the folks behind UberConference , Nosh , NoshList and Jotly ) wasn’t in urgent need of funding, today they’re announcing the close of a good-sized round – a $15 million Series B.
Social travel site Gogobot has been on a roll lately. Just two months ago, the company announced that it had passed 1 million registered users. Today, Gogobot announced that it now has more than 2 million users, up 100% in the past 60 days.
Another milestone for online publishing company SAY Media , just 10 days after it had announced that Time Magazine publisher Kim Kelleher would be coming on board as president in September: today it confirmed that it has raised $27 million in funding, which it will use to make acquisitions and enhance its publishing platform.
Twist Aims To Replace Those Annoying Text Messages About Running Late, Raises $6M Led By BridgescaleAs many of my friends and colleagues will tell you, I’m someone who’s perpetually running late. As a result, I’m constantly sending out text messages that offer some variation on, “Running 5 minutes late, sorry!” A new startup called Twist promises a smarter, easier approach to sending those messages.
Lord knows niche and independent online publishers can sometime struggle to monetize what they do and over the last few years we’ve seen the rise of startups to address those problems in the market, from companies like SAY Media to Federated Media. In general they offer baked-in ad networks and publisher platforms.
AppDirect , a company that offers white-label cloud-based app stores, has today announced $8.5 million in funding to ride the wave of interest in cloud services and continue its expansion in partnership with third parties. And today the company also announced a new customer in that strategy: Rackspace, which has launched the Rackspace Cloud Tools Marketplace , an online store for cloud-based software and services to more than 180,000 Rackspace customers worldwide. The Series A round was led by iNovia Capital with participation from existing investors, and comes on the back of a seed round of $3.25 million raised last year.
Bottled water is 2,900 times more expensive than tap water and burdens America’s environment and oil market with the equivalent of 37,800 gas guzzling delivery trucks .