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act-on

Fastest Growing Marketing Automation Company Secures $42 Million in Venture Financing Led by Technology Crossover Ventures

BEAVERTON, OR--(Marketwired - Apr 15, 2014) - Act-On Software, the leading marketing automation provider for small and mid-market enterprises, today announced it has secured $42 million in new venture financing. Technology Crossover Ventures (TCV) led the round, with existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners, and Voyager Capital also participating. Act-On will use the new capital to accelerate its business on all fronts, including new product development, sales expansion, and brand recognition.

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Venture capital money

US venture capitalists breaks fundraising record in 2014's first quarter

Venture capital firms in the US have raised a record-breaking total funding amounting to $8.9 billion in the first quarter of 2014, according to Thomson Reuters and the National Venture Capital Association.

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Brickstream

US behavior intelligence firm Brickstream raises $8.7M in funding to track shoppers

Norcross, US-based behavior intelligence firm Brickstream raised $8.7 million in a new funding round to track and analyze the behaviors of shoppers in brick-and-mortar stores.

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Chubbies

Men's shorts manufacturer and retailer Chubbies receives USD4 million investment

Men's shorts manufacturer and retailer Chubbies has received USD4 million investment, reported TechCrunch.

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Bauer Media

Lifesum receives investment from Bauer Media Group and SparkLabs Global Ventures

Startup Lifesum has taken in investment from Bauer Media Group and SparkLabs Global Ventures valued USD6.7 million, reported Bloomberg.

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Sean Parker

Startup Brigade Media raised USD9.3 million

Startup Brigade Media has raised USD9.3 million from Sean Parker, Marc Benioff and Ron Conway, reported TechCrunch.

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Julep

Tech-beauty brand Julep bags USD30 million funding

Technology-first beauty brand Julep has taken in USD30 million funding, reported TechCrunch.

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Lamudi

Real estate listing platform Lamudi gets USD7 million funding

Rocket Internet's Lamudi has received USD7 million funding from Tengelmann Ventures and other new investors left undisclosed, reported TechCrunch.

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Airbnb

Airbnb’s Storefront receives additional USD7.3 million funding

Airbnb’s Storefront has received additional USD7.3 million funding led by Spark Capital, reported TechCrunch.

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Loomio

NZ-based tech startup Loomio launches $100K crowdfunding campaign for mobile collaborative decision-making tool

Wellington, New Zealand-based tech startup Loomio launched a $100,000 crowdfunding campaign on its own website to develop a mobile version of its open-source collaborative decision making tool.

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Unitus Seed Fund

Unitus backs Indian dental chain Smile Merchants' seed round

Unitus Seed Fund backed Mumbai, India-based dental clinic chain Smile Merchants with an undisclosed investment to develop the latter's hub-and-spoke system and fund its national expansion.

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Kaitek Labs

Chilean government grants $350K to Kaitek Labs to develop red tide detector

The government of Chile gave $350,000 in funding to tech startup Kaitek Labs to develop prototype of a device that detects red tide in a bid to reduce the costs of testing for toxins.

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Giraffe-Friend

Chinese posture-correcting wearable device Giraffe Friend launches crowdfunding campaign on DemoHour

Giraffe Friend, a wearable device that reminds the user to correct bad posture to prevent backaches, launched a crowdfunding campaign on DemoHour and has already raised $14,000 (CNY87,527).

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Tachyus

Silicon Valleys startup Tachyus lands $6M in funding to optimize oil and gas production

Silicon Valley, US-based tech firm Tachyus landed $6 million in a venture round led by Founders Fund to expand its workforce and use data to optimize oil and gas production.

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Runscope

California-based API debugging tool provider Runscope nabs $6M in Series A round

San Francisco, US-based application programming interfaces (APIs) debugging and testing tool provider Runscope nabbed $6 million in its first funding round led by General Catalyst Partners to start selling its products.

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