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Funding Roundup of The Week: 12 Startups Secured Over $78 Million This Week

  • Thomas Oppong
  • Mar 24, 2012
  • 2 minute read

Funding is a startups’ dream. Every startup need funding to expand and grow as fast possible. Lean startup advocates would argue that it is better to bootstrap and grow without funds you may not even need. A lot of startups have their own visions and goals and funding happens to be one of the means to achieve it. These startups raised over $78 million in funding this week and it may not have been an easy task.

# StormPath, a developer of unified identity management software for the enterprise,  raised $1.5M in a seed funding round. The round was led by Flybridge Capital and New Enterprise Associates.

# StyleSeat, a developer of online schedule booking services for hair stylists and salons, raised $775,000 in a new, seed funding round. The round came from Ashton Kutcher, A-Grade, Founders Fund, and Sophia Bush.

# Averail, a stealth mode developer of enterprise mobility software,  raised $6M in a funding round. The round came from Foundation Capital and Storm Ventures.

# ClearStory Data, a developer of big data visualization tools, scored a funding round from Google Ventures, Andreessen Horowitz, Khosla Ventures, and angels.

# Wantful, a startup developing a service to deliver custom, curated gifts to gift recipients, secured $5.5M in a funding round, the firm said today. The round was led by Polaris Venture Partners.

# Integrate, a developer of performance marketing optimization and analytics services, scored $11M. The Series B funding round came from Comcast Ventures, Liberty Global, and Foundry Group.

# Red Robot Labs, the developer of mobile games which is headed by Mike Ouye, secured $5M in funding, as it enters the Asian market. The funding came from strategic partners Next Media.

# Buysight, which provides advertising retargeting and performance display advertising services, raised $8M in a Series B funding round. The round came from existing investors ONSET Ventures and Rembrandt Venture Partners.

# Yummly.com, the online recipe search site founded by David Feller and Vadim Geshel, scored $6M in a Series A round. The round was led by Physic Ventures.

# PubNub, a developer of real-time messaging software for the mobile and web application market, scored $4.5M in a Series A funding round. The round came from Relay ventures and the Silicon Valley TiE Angels.

# oDesk  raised $15M in a funding round, led by T. Rowe Price. oDesk said this morning that it has raised $15M in a funding round, led by T. Rowe Price.

# Spigit, a developer of enterprise collaboration tools which use game mechanics and social algorithms,  raised $15.2M in a Series E funding round. The round came from private equity firm Warburg Pincus.

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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