This Week In Startup Funding: Over $190 Million Was Raised By These 11 Startups

This Week In Startup Funding: Over $190 Million Was Raised By These 11 Startups


Another week has ended and startups as usual were busy pitching and negotiating for funding. Some startups were successful at raising funds and others would have continue next week. Raising funds is not easy and does not come cheap. These startups were some of the few once that closed their funding round. Over $190 million was raised by a total of 11 companies.  Yammer,  a San Francisco-based company with a focus on corporate  micro-messaging  headed by former PayPal founder David Sacks, raised a whopping $85M, the highest of our list this week. The list of some of the few funded startups this week includes:

# Wayin, an online social polling and entertainment site which was founded by Sun Microsystems’ Scott McNealty,  raised $14M in a Series B funding. The new round came from U.S. Venture Partners and Others.

# GameClosure, which develops JavaScript game SDK’s which help customers develop HTML5 games, scored $12M in a funding round. The round was led by Highland Capital.

# Ruckus Wireless  raised $21.7M in a funding round. The funding was led by Meritech Capital Partners and SingTel Innov8.  Ruckus Wireless develops indoor and outdoor Wi-Fi equipment.

# Duo Security, a provider of phone-based, two factor authentication software and services, raised $5M in a funding from Google Ventures, True Ventures, and Resonant Venture Partners.

Tello, the developer of mobile applications and software to gather instant customer service feedback from customers using mobile devices,  raised $2.7M in a funding round.

# Amplidata, a developer of petabyte-scale, object data storage products, secured $8M in a Series C round of funding. The funding came from Big Bang Ventures, Endeavour Vision, Intel Capital and Swisscom.

# Kontiki, a provider of video content delivery services to enterprises, raised $5.1M in a Series C funding round. The  funding came from existing investors MK Capital, New World Ventures, Cross Creek Capital and Hatteras Funds, along with its Chairman, Todd Johnson.

# SugarSync, which operates a file synchronization and online backup service,  raised $15M in a Series D round. The round was led by Coral Group, and included prior investors Draper Fisher Jurvetson, Sigma Partners, Hatteras Venture Partners and Hercules.

# Eye-Fi, the developer of wireless memory cards which synchronize digital photos with cloud photo services, scored $20M in a Series D funding. The funding was led by NTT DOCOMO.

# San Francisco-based Yammer, the corporate-focused micro-messaging firm headed by former PayPal founder David Sacks, raised $85M in a new funding round, its fifth round of funding. Yammer has now raised $142M in funding. The round was led by DFJ Growth.

# Omidyar Network, the investment firm of eBay founder Pierre Omidyar, along with ACCION International,  backed Mobile Transactions International, a Zambia-based company which is enabling mobile financial payments and transactions. The two investors said they invested $3.2M in the firm.