VENTURE CAPITAL POST

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.

New York, US-based social media management startup Percolate landed $24 million in a Series B funding led by Sequoia Capital to help companies monitor conversations and create content on social media.

San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.

Lerer Ventures led the first institutional funding round for tuxedo rental business The Black Tux which raised $2.6 million to offer clients cheaper yet higher quality suit and tie, TechCrunch reported.

New York, US-based lending platform Fundera raised $3.4 million in funding from a recent venture round to help connect small businesses to a network of certified lending alternatives to banks.

Isabel Lerer, the daughter of Huffington Post co-founder Ken Lerer, launched her new animal-focused news site The Dodo after securing $2 million in a seed funding round led by Lerer Ventures.

New York, US-based firm Floored Inc has raised $5.3 million in a Series A funding round led by RRE Ventures for its technology that allows real estate professionals to create a 3D model of properties.

New York-based web tools and service maker Betaworks is raising a new USD20 million round of financing to build more useful services, according to the company's Chief Executive Officer.