[FUNDING ROUNDUP] These 12 Startups Raised Over $115 Million This Week

[FUNDING ROUNDUP] These 12 Startups Raised Over $115 Million This Week


Another week is almost over. Some startups as usual were busy making presentations and meeting investors for funding. Believe it or not many startups received millions of funds to start a new business, expand customer base, employ smart people or expand to other markets. There‚Äôs no shortage of hype, and multiple announcements daily of new companies getting money.  But remember these startups have worked hard for their cash infusion. Raising money could take months.  A lot of other startups are still in negotiation stage for a lot more cash infusion after a successful first round of funding. These 12 startups raised over $ this week.

  1. Glooko, a developer of a mobile application and cables to pull and log information from glucose meters for the diabetic, has raised $3.5M in a Series A funding. The round came from The Social+Capital Partnership
  2.  drchrono, a developer of mobile healthcare software, including electronic health records, prescription, medical billing, and patient management tools,  raised $2.8M in a funding round. The round was led by Yuri Milner.
  3. Solera Network,s a developer of network forensics and capture devices  raised $20M in a funding round, led by Intel Capital.
  4. Alsop Louie Partners is the lead investor in a developer of cyber security software, Lookingglass Cyber Solutions. Lookingglass  raised $5M in funding Monday, led by Alsop Louie Partners.
  5. TrialPlay, which offers up incentives and payments to consumers to increase sales for online merchants, scored$40M in a funding round. The round came from Greylock Partners, Visa, T. Rowe Price, DAG Ventures, DFJ Growth, and QuestMark Partners.
  6. Sumo Logic, which develops log management and analytics software for the enterprise IT market raised $15M in a Series B funding round. The firm said the funding was led by Sutter Hill Ventures.
  7. UrbanSitter, which operates an online service to help connect parents to babysitters via people they know on Facebook, secured $1.75M in funding.. The round was led by First Round Capital.
  8. AlienVault, a developer of security and event management products for the cyber security market, raised $8M in a Series B financing round. The round was led by Trident Capital.
  9. CardSpring, a developer of application programming interfaces for credit and debit card payments, scored $10M in a Series A funding. The funding was led by Accel Partners and Greylock Partners.
  10. GetHired.com, a new startup using video-based resumes to power a job and recruiting site,  raised $1.75M in a seed funding. Source of the funding was not announced by the company.
  11. RiseSmart, a provider of cloud-based tools which helps in employee outplacement,  raised $2M in a financing round. The round came from Norwest Venture Partners.
  12. Looking to track into the online, personal finance market,  JemStep secured $6M in a funding round. Name of the investors in the round were not disclosed.