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10 Startups Raise $170 Million In Funding This Week

  • Thomas Oppong
  • Mar 11, 2011
  • 2 minute read

A lot of startups have received investor confidence this week. These companies received cash infusion to improve their services, expand product to other platforms, increase user base and expand operations to other locations. Together the startups raised $170M in funding.

MindSnacks, a developer of educational games for mobile devices, announced that it has raised $1.2M in a funding round. The round was led by Felicis Ventures (Aydin Senkut), as well as angels Dave McClure (500 Startups) and Mitch Kapor.

Salesforce.com, Sequoia Capital, and Google Ventures invested in HubSpot, a developer of online marketing and content management software, to the tune of $32M. According to HubSpot, the fourth round of funding for the company brings its total raised to $65M.

DailyBooth, an online photo and life-blogging web site raised $6M. The round was led by Ignition Partners, and also included prior investor Sequoia Capital. DailyBooth’s web site allows users to share photos of themselves in a real time stream.

Offermatic, which operates a service which helps consumers save money on purchases, has raised $4.5M. The funding was led by Kleiner Perkins Caufield & Byers, and also included SV Angel (Ron Conway), Omar Hamoui (Admob), and un-named angels from Facebook and Mint.com.

Widgetbox, the developer of mobile application software, renamed itself Flite, and raised a $12M Series C funding round. The new funding comes from General Catalyst Partners, Sequoia Capital, Hummer Winblad, and NCD Investors.

Rovio, the developer of the popular “Angry birds” mobile game scored $42M in a Series A funding. The round came from Accel Partners, Atomico Ventures and Felicis Ventures. Niklas Zennstrom, the founder of Skype, joins Rovio’s board as part of the funding.

StumbleUpon raised $17M in a Series B funding round. The round came from Accel Partners, August Capital, DAG Ventures, First Round Capital and Sherpalo Ventures. StumbleUpon was previously part of eBay, which acquired the firm in May of 2007.

RadiumOne, an advertising network focused on social data, raised $21M in a Series B funding round. The round was led by Crosslink Capital, and also included DFJ Espirit, Adams Street Partners, and Trinity Ventures.

Topsy Labs, which operates a real time, social search site raised $15M in a Series C funding round. The round came from BlueRun Ventures, Ignition Partners, Founders Fund, Scott Banister, as well as Western Technology Investments.

GrubHub raised $20 million in funding, which will help the restaurant location directory grow its existing technologies and expand into new cities.

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

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1 comment
  1. Shane Delnegro says:
    Jan 6, 2012 at 2:16 pm

    Handy writing

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