Funding is a necessary evil. I prefer startups receives funding to build a company that can make a lot of difference with the right guidance and resources.But getting a startup funded isn’t easy.Multiple announcements daily of new companies getting money does not make it an easy task. The following startups received funding in the month of April to boost the development of the company and make a lot more impact.
- Sausalito-based Lifefactory, a manufacturer of fashion-oreinted, BPA-free, glass baby and adult beverage bottles, closed on $1.65M in a Series A funding with this month. News published on Silicontap
- Zenverge, chip maker for digital media products, secured a third round of funding for $30 million. The company plans to use the funding to continue production and expand marketing and sales activities. The company, founded in 2005, is based in Cupertino, California. It’s raised close to $55 million in total funding according to a Battery Ventures representative. Original news published on Venturebeat.
- MXP4, a startup that creates interactive tools that allow artists and producers to let listeners “play” and interact with digital music, raised $4 million in funding led by Paris-based Goojet funder Orkos Capital. Reported by Techcrunch
- Southern California-based Amonix has scored a major round of funding for its concentrating photovoltaic (CPV) systems. The company raised $129.4 million in a funding round led by Kleiner Perkins, according to the New York Times.
- Klout , a social media analytics company, raised $1.5 million in Series A funding. Investors include ff Asset Management, Bobby Yazdani of Saba, Allen Morgan of Mayfield Fund, Nova Spivack of Lucid Ventures, Zelkova Ventures, Grape Arbor VC, Paige Craig, Tom McInerney, Michael Yavonditte of Quigo Technologies and Ofer Ronan.News published by Mashable
- Photo sharing service TweetPhoto announced that it had secured $2.6 million in series A funding led by Canaan Partners.The company — which has already seen interest from the likes of Kodak — plans to use the money to expand its reach by offering additional APIs and becoming more accessible from mobile devices. Published by Mashable
- Thinking Screen Media, formerly Frame Media, raised $2 million in funding from Scala. This brings Thinking Screen Media’s total funding to $7 million. The startup provides a platform for delivering content to to digital frames and other screen devices wirelessly. Read full story
- Academia.edu helps researchers connect to each other and find material that’s relevant to their field of study. The site closed a $1.6 million Series A round led by Spark Ventures, with participation from angel investors including Mark Shuttleworth. Published by Techcrunch