April 2011 was another busy month for most investors. Some startups secured funding for resource expansion, increase in workforce to secure strategic partners to expand to new markets. The following startups recorded various rounds of funding in the month of April 2011.
- San Mateo-based video search site VideoSurf secured $16M in a Series C funding round. The round came from Pitango Venture Capital.
- Ticketfly, which operates a social event ticketing service, scored $12M more in funding. The Series B round was led by Mohr Davidow Ventures.
- Mobile Spinach, a developer of a mobile service which provides discounts from local merchants, raised $1M. The funding was led by Blumberg Capital.
- Qwiki, the developer of visual search tools, added $1M in financing. The new funding came from Lightbank, the investment fund of Groupon co-founders bRad Keywell and Eric Lefkofsky.
- San Francisco-based Cloudwords, a developer of online, software-as-a-service to manage and source translation projects for technical writers, marketing managers, and others raised $3M in a funding round. The round was led by Salesforce.com founder Marc Benioff.
- Marin Software secured $16M in a Series E financing round. The round was led by Crosslink Capital.
- Rocket Fuel, a provider of a digital advertising network, raised $6.6M in a Series C funding round. The round was led by Northgate Capital.
- Gold Spot Media, a developer of mobile and video advertising technology sealed $12.05M in a Series B funding round. The round came from Exa Ventures and Berg Enterprises.
- San Francisco-based Sneakpeeq, a social commerce and shopping startup, raised $2.67M in a funding round, according to a regulatory filing by the firm.
- Sugar, the online publisher and blog network focused on women and fashion, scored $15M in new funding. The round was led by Institutional Venture Partners.
- GoBalto, a startup developing web-based software for managing clinical trials, raised $2.87M out of a $3.5M fundraising round.
- Palo Alto-based Flipboard, the developer of apps for viewing content on the iPad, secured a whopping $50M in a funding from Insight Venture Partners, Kleiner Perkins Caufield & Byers, Index Ventures, and Comcast.
- Singly, which is developing software to back up your online web activity,increased its seed funding round to $1.975M, according to a regulatory filing form the firm.
- BuySight, a provider of Internet advertising retargeting technology, raised $4.0M in a new funding round, according to a regulatory filing from the firm.
- Humble Bundle, a Y-Combinator startup which allows users to name their own price on videogames, scored $4.48M in a funding round, according to a regulatory filing from the firm.
- Encoding.com, an operator of an online, service for encoding videos into different web and mobile formats, raised $2.0M in a new funding round. The round was led Metamorphic Venturs.
- San Francisco-based DoubleDutch, a developer of mobile social business applications, secured $1.2M in a new funding round. The round was led by Lightbank, the investment fund of Groupon co-founders brad Keywell and Eric Lefkofsky.
- PayayaMobile, the Android social gaming firm which has offices in San Francisco, scored $18M in a Series B round of funding. The round was led by Keytone Ventures, and also included DCM.
- Evolv On-Demand, a developer of talent matching software, raised $15.75M in a Series C financing round. The round was led by GGV Capital.
- Australia-based 99designs, an online marketplace for crowdsourced graphic designs, secured $35M. The round was led by San Francisco-based Accel Partners.
Via Silicontap
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