Alastair Goldfisher
San Francisco-based PubNub announced it has raised an $11 million Series B round that was led by Scale Venture Partners. Existing investors Relay Ventures and TiE Angels also participated in the round. PubNub has now raised $15.5 million in total funding. As part of the investment, Andy Vitus, a partner at ScaleVP, has joined the board. The company provides a cloud infrastructure for apps to enable dashboards and streams, collaboration and 2nd screen synchronization on iOS, Android and other platforms.
Cloud-based collaboration service provider Convo has raised $5 million in a Series A funding round from Morgenthaler Ventures. The San Francisco-based company, formerly known as Scyrbe, had previously raised seed funding from Adobe, LMKR and angel investors. As part of the Series A, Morgenthaler Managing Director Rebecca Lynn and Venture Partner Alex Nigg have joined the board. Morgenthaler said that its investment in Convo is the last new IT deal from its ninth fund.
Management entity retains Morgenthaler name, but new fund is called Canvas Venture Fund to reflect firm’s focus on early stage tech deals
Voxel, which launched Monday at TechCrunch Disrupt in San Francisco, has raised $1.6 million in seed funding from First Round Capital, Pinnacle Ventures, Sherpalo Ventures and individual investors Sanjay Jha (former Motorola CEO), David Limp (vice president of Kindle at Amazon) and Joyo Wijaya (co-founder of Tandem Ventures). The company was co-founded by Y Combinator alumni David Zhao and Russ d’Sa.
Ad optimization startup BoostCTR has raised an $8 million Series B round led by Battery Ventures. Existing investors Javelin Venture Partners and Western Technology Investment also participated in the round. As part of the deal, Battery General Partner Brian O’Malley has joined the board. The San Francisco-based company has now raised more than $12 million in funding, including a $2 million Series A round earlier this year.
HotelTonight, maker of an app to help users with last-minute hotel bookings, has raised a $45 million Series D round that was led by Coatue Management. GGV Capital joined the round along with existing investors Battery Ventures, Accel Partners, U.S. Venture Partners and First Round Capital. The company has now raised $80.35 million since it was founded in 2011, including most recently a $23.5 million Series C round in June 2012.
AdYapper, which provides analytics for display and mobile ads, has raised $1.2 million in a seed funding round led by KGC Capital and including numerous angels. Investors include David Cohen of Techstars, Laurel Touby of mediabistro.com, Paul Sethi, Sameer Jagetia, Ari Newman, Vip Sandhir of Brown Capital and Dave Lerner of Rugged Ventures.
Stanford University and Stanford Hospital & Clinics have pledged a three-year $1.2 million annual grant and created a new venture fund to invest in StartX companies. Stanford is also creating an uncapped fund to invest in companies that emerge from the program. StartX is a Palo Alto, Calif.-based student-run nonprofit that operates a startup accelerator for Stanford-affiliated entrepreneurs. StartX says that since it was launched in 2009, 10 startups that have gone through the program have been acquired, including seven in the past year.
SwiftKey, a maker of a keyboard app primarily used by Android devices, has raised $17.5 million in Series B funding led by return investor Index Ventures. Also participating in the round is previous investor Octopus Investments and a number of individuals, including Nick Hynes, Carl Uminski, Jon Craton, as well as the Cambridge Capital Group. SwiftKey says it has now raised $21.5 million in total equity funding. The London-based company, which also has offices in San Francisco and Seoul, provides a keyboard app for smartphones and tablets that learns from users to offer better auto-corrections and next-word predictions.
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