Weekly Funding Roundup: 13 Tech Startups Raised Over $134 Million


Raising funds takes time and persistence and you must be doing something really good to win investor confidence. But with or without investment from an angel investor or venture capitalist you can develop a an idea into a viable business. Launching a new business requires much skill and preparation. Before an entrepreneur can raise capital for a startup, he or she must first identify the different sources of funding, find one that is most compatible with your needs, and then meet the given criteria of the investor. These 13 startups secured funds this week for the

# Bidgely, a developer of energy analytics software used to help consumers better understand their energy usage on an appliance-by-appliance level,  raised $3M in a Series A funding. The funding came from Khosla Ventures.

# AutoGrid, a developer of software for analyzing smart meter and energy usage information for utilities, scored $9M in a funding round. The round came from Foundation Capital, Voyager Capital, and Stanford University.

# WalkMe, a developer of software to develop online, on-screen walkthrough guides for websites,  raised $5.5M. The  round was led by Gemini Israel Ventures also included Mangrove Capital Partners and Giza Venture Capital.

# Mobiplex, a developer of golf motion analysis software and accessories, said this morning that it has raised $3.1M in a Series A funding round. Name of its investors were not disclosed.

# Helpshift, a new startup focused on mobile customer support, scored $3.2M. The seed financing round was led by True Ventures and Nexus Venture Partners.

# ItsOn, a developer of mobile technology whose team helped developed the LTE and WiFi 802.11N standards, raised $15.5M in a Series B funding round. The round was led by Andreessen Horowitz, and also included SV Angel and Silver Lake Partners.

# Glassdoor, which operates an online service that lets people browse and anonymously provide information about salaries and benefits at companies, has raised $20M. The firm said the new funding was led by DAG Ventures, and also included prior investors Benchmark Capital, Sutter Hill Ventures and Battery Ventures.

# iSocket  raised $8M in a Series A round.  iSocket’s software tools are used by online publishers to manage premium display advertising on their web sites. The round was led by Foundry Group, and also included Costanoa, Draper Fisher Jurvetson, SoftTech VC, Accelerator, Quest, and Blumberg Capital.

# LocBox, a developer of email marketing software for small businesses, secured $5.1M in a Series A funding round, the firm said today. The round was led by InterWest Partners, and also included Google Ventures, Accel Partners, and 500 Startups.

# Big Switch Networks, a startup providing virtual infrastructure which lets customers define their networks using software, raised $25M in a Series B funding, the company said today. The funding was led by Redpoint Ventures, and also included Goldman Sachs, Index Ventures, Khosla Ventures, and others.

# Y Combinator graduate Zapier scored a $1.2M, seed funding round, which came from Bessemer Venture Partners and Draper Fisher Jurvesten, along with angels.

# Flurry, the mobile analytics and advertising firm headed by Simon Khalaf,raised $25M in a funding round. The round was led by Crosslink Capital and also included former investors Menlo Ventures, Draper Fisher Jurvetson, InterWest Partners, Union Square Ventures, First Round Capital and Draper Richards.

# Neo Technology, which develops open source database tool Neo4j,  raised $11M in a Series B funding round. The funding came from its existing investors, which include Fidelity Growth Partners Europe and Conor Venture Partners.