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These 15 Companies Raised Over $190 Million In Funding This Week

  • Thomas Oppong
  • Jan 27, 2012
  • 2 minute read

A lot of successful entrepreneurs have built businesses and great companies with little or no money. By most of them along the way secured or raised a lot more money to expand, hire more or to acquire more clients. Finding the cash to expand your business takes time and perseverance. Luckily, there are still options for funding new and existing companies, but finding and securing the cash takes careful research, good negotiating skills, and, above all the passion to launch your new business or grow that startup into a high growth company. The following startups raised over $ million this week.

  1. TRUSTe, which provides privacy management services to businesses,  raised $15M in a Series C funding round. The round was led by Baseline Ventures.
  2. Joyent, which develops cloud computing software, closed an $85M investment round. The round was led by European investment group Weather Investment II.
  3. Fitbit, the maker of fitness tracking devices,  raised $12M more, in a Series C funding round. The round came from its existing investors, including Foundry Group, True Ventures, SoftTech VC and Felicis Ventures.
  4. San Francisco-based Mykonos Software, a developer of web intrusion prevention software, raised $4M in a Series A round. The round was led by Paychex founder Tom Golisano.
  5. Recurly scored $6M in a Series A round, for the firm’s subscription billing services. The round was led by BV Capital.
  6. Polyvore, an online, social shopping and fashion website, raised $14M in a new funding round, the firm said Tuesday. The Series C funding was led by DAG Ventures.
  7. Talari Networks, a provider of WAN virtualization products used in corporate networks,  raised $4.5M in funding. The round came from existing investors Menlo Ventures, Silver Creek Ventures, along with others.
  8. Elance, which operates an online marketplace for finding freelancers, scored $16M in an expansion capital round. The round was led by the Stripes Group.
  9. Skyfire, the developer of mobile video optimization technology for mobile operators, plus the developer of a mobile browser for iPhone and Android, secured $8M in a third round of funding. The round was led by Verizon.
  10. ModeWalk, an online shopping site focused on luxury retail products,  raised $1.8M in a funding round. The round was led by Merus Capital, as well as a number of angel investors.
  11. Adara Media, which provides e-commerce marketing campaigns for the travel and hospitality market, raised $12.4M in a funding round. The round was led by August Capital.
  12. 955 Dreams, a mobile publishing and application developer, raised $3.25M in a funding round. The round came from 500 Startups and CrunchFund.
  13. San Francisco-based signature Labs, a developer of mobile shopping applications, launched its services, after raising $1.1M in a seed funding round. The round came from Draper Fisher Jurvetson, Amicus Capital, Triangle Peak Partners, Don Hutchison, and Dave Pell.
  14. UrbanSitter, an online service which uses Facebook to connect parents with babysitters, scored $1.75M in a funding round, according to a regulatory filing from the firm this week. The filing indicates thirteen investors participated in the funding.
  15. Stretch, a developer of reconfigurable processors for the high speed video and imaging processing market, raised $5.0M, the first part of an ongoing Series C funding round.
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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