RRE Ventures

Understory bags $1.9M in seed round for ground-level weather detection in the US

Madison, US-based weather forecasting and analytics startup Understory bagged $1.9 million in a seed funding round led by True Ventures to build software and a forecasting model that will be able to generate weather data through ground-level observation.

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Paperless Post receives USD25 million Series C funding

Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.

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US news site Business Insider raises $12M in round led by Jeff Bezos

New York, US-based news website Business Insider raised $12 million in a funding round led by Amazon chief Jeff Bezos for the expansion of its workforce and subscription service.

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Business Insider to raise new funds from existing investors- report

After saying no to an informal acquisition bid worth $100 million from AOL last year, Business Insider is likely set to raise new funds from its existing backers, re/code reported.

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NYC's Floored secures $5.3M in Series A round to develop 3D modeling tech for real estate professionals

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.

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New York's Betaworks raising USD20M to make more web tools

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.

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TapCommerce raises USD 10.5 million to compete in the mobile ad retargeting

Mobile ad retargeting startup TapCommerce's USD 10 million funding was raised via an investing round led by Bain Capital Ventures and RRE Ventures, with a strategic investment from Nielsen Ventures and participation from existing backers.

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Shake receives USD 3 million in Series A round led by SoftBank Capital

Legal-focused startup Shake received USD 3 million in its Series A funding round led by SoftBank Capital. Shake is an iOS app that allows users to make and sign effective legal agreements on the go.

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itBit debuts bitcoin exchange with USD3.25 million in funding

Singapore-based Bitcoin exchange startup itBit secured USD3.25 million in a new funding round to be used for the launching of its Bitcoin exchange currency and the expansion of its operations worldwide.

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