Luisa Beltran
Silverpop said Wednesday it received $25 million in new funding from Escalate Capital Partners and Silicon Valley Bank. Silverpop, which provides digital marketing technology, has over $50 million in funding.
GroundMetrics has closed a second round of financing at $1.5 million led by the Tech Coast Angels. GroundMetrics said its "other Southern California syndicates" consisted of the Rady Venture Fund, La Costa Investment Group, Crescent Ridge Partners Ventures, and Rancho Santa Fe Partners. San Diego-based GroundMetrics was founded in 2010 to commercialize a new class of electromagnetic sensing technologies for geophysical applications.
Eventbrite said Monday that it raised $60 million in financing led by Tiger Global Management. T. Rowe Price also took part, a statement says. San Francisco-based Eventbrite, an online ticketing company, has raised $140 million in funding. Other investors include Sequoia Capital, DAG, and Tenaya.
Gizmox said Monday it closed a $7.5 million round of financing led by Atlas Venture with participation from existing investors Citrix, IVC, Consolidated Investment Group, and others. Gizmox also named Eugene Kuznetsov as ITS CEO.
Skimlinks has closed a growth financing round led by Greycroft Partners. Existing investors also participated in the round. Financial terms were not announced. London-based Skimlinks calls itself a content monetization platform that rewards publishers for the role their content plays in creating purchase intent.
Spondo has raised AU $1 million (US $1.03 million) in funding. Melbourne, Australia-based Spondo is a social broadcasting network.
NovoPedics has received a commitment of up to $500,000 from Foundation Venture Capital Group. NovoPedics will use the funds to its development of an implantable meniscus replacement/regeneration medical device.
Bitbar said Wednesday that it closed a $3 million financing round led by Creathor Venture, DFJ Esprit, Finnvera Venture Capital and Qualcomm. Based in Helsinki, Finland and Silicon Valley, Bitbar is the creator behind a cloud-based Android testing platform.
Motif Investing has raised an additional $25 million in financing from a group of investors including Goldman Sachs & Co. and existing Motif investors Foundation Capital, Ignition Partners and Norwest Venture Partners. San Mateo-based Motif is an online broker. Darren Cohen, Managing Director of Principal Strategic Investments at Goldman, is joining Motif's board as an observer.
Advanced Animal Diagnostics said Wednesday it closed a $6 million tranche of Series B financing from Intersouth Partners, Novartis Venture Funds and private investors. Durham, N.C.-based Advanced Animal Diagnostics is developing an on-farm diagnostic test to detect subclinical mastitis in dairy cows.