Luxury consignment site The RealReal, which focuses on authenticated, high-end resale items for women, men, and the home, announced this morning it has raised an additional $40 million in Series E financing. The round, led by Greenspring Associates, comes on top of a $40 million investment from new and existing investors announced just one year ago. Besides Greenspring, other new… Read More
from TechCrunch
In-memory database platform MemSQL today announced that it has raised a $36 million Series C funding round. The round was led by new investors REV and Caffeinated Capital and existing investors Accel Partners, Khosla Ventures, Data Collective, IA Ventures and First Round Capital also participated. MemSQL, which graduated from Y Combinator back in 2011, is plays in the same real-time big… Read More
from TechCrunch
Preempt Security, a startup still in stealth, came out of hiding today enough to announce an $8 million Series A round. Beyond that we know only a limited amount about what makes them worth such an investment. The round was led by General Catalyst with participation from Mickey Boodaei and Rakesh Loonkar, the founders of Trusteer, and Paul Sagan, the former CEO of Akamai Technologies.… Read More
from TechCrunch
Fraud prevention company Forter today announced a $32m series C funding led by Scale Venture Partners and with follow-on funding from Sequoia and NEA. The company uses its Decision as a Service algorithms to help online retailers analyze their exposure to fraud at the time of check-out. It is so sure of its accuracy that it offers retailers a 100% guarantee against chargebacks after the fact. Read More
from TechCrunch
Online custom framing company Framebridge is continuing to take its market square on and is expanding growth with a Series B round of investment announced today. NEA and Revolution are back for a follow-up round, while SWaN & Legend Venture Partners are new in the picture for this round of funding. “We were attracted to how Framebridge has reinvigorated the custom framing industry… Read More
from TechCrunch
Belgium’s Tricount offers an app to help groups of friends or couples share and settle expenses, and counts the likes of Splitwise, and Splittable as competitors. Read More
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Another day, another new European VC fund. This time it’s the turn of London-based Backed VC, which today is officially outing its €30 million pan-European seed-stage fund, although it’s been active since last year and has already made several investments. The aim, founding partner Andre de Haes tells me, is to bring a more “community-driven” approach to VC. Read More
from TechCrunch
Mindie does with soundtracks what Instagram did with filters: it makes boring imagery interesting. And with the insane amount of video that teens are sharing, the music video making app seemed too useful to die when its creators shut down Mindie in December. So Mindie’s technology is getting dug out of its grave thanks to an acquisition by Shots, the selfie app turned comedy feed backed… Read More
from TechCrunch
Helsinki-based mobile gaming startup Armada Interactive, which is still a way off from launching its first title, has closed a $3 million seed round. Investment is being led by Initial Capital, with participation from Index Ventures, PROfounders Capital, Backed VC, Reaktor Ventures, Sisu Game Ventures, Chris Lee, Reynir Hardarson, and Ben Feder. That’s a pretty decent line up for the… Read More
from TechCrunch
DoorDash, for better or worse, has become an example of the 2016 VC funding environment. After reportedly failing to raise at a $1 billion valuation, the company had to settle for a flat round. So what happened, and how will it affect the company going forward — and other companies in the on-demand space, too? So we’re excited to announce that DoorDash CEO Tony Xu, along with… Read More
from TechCrunch