Upfront Ventures

After robust phase, venture capital heads to pre-recession level

Venture capital (VC) funding activity seems to be heading towards pre-recessionary mark. The VC activity recorded robust growth phase for over seven years. The sluggish financial markets are discouraging VC funding and raising money.

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Texas-based Waldo Photo Closes $5 Million Seed Funding

Austin-based tech company, Waldo Photos closes its $5 million seed funding on Thursday. The seed funding round was led by California's venture capital firm Upfront Ventures.

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Retention Science's "retention marketing technology" gets $7 million in Series A

Retention Science managed to raise $7 million in Series A funding, backed by Upfront Ventures, and earlier investors including Baroda Ventures, Forerunner Ventures, Mohr Davidow Ventures as well as so-called angel investors. With the recent funding, the company reportedly plans to hire sales and marketing staff, as well as more data scientists who can demonstrate "retention marketing" beyond retail.

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New York physical storage startup MakeSpace lands $8M in funding

New York, US-based physical storage provider MakeSpace landed $8 million in funding from Upfront Ventures, OATV, Founders Fund, and other investors, to model its service after Uber and Dropbox and expand its workforce.

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Unified acquires Awe.sm, financial terms undisclosed

Unified has acquired Awe.sm without disclosing the financial terms of the deal while the latter has received $5.3 million from Upfront Ventures, Foundry Group and other investors.

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New York's Javelin lands $1.5M funding to teach big firms to innovate like a startup

New York, US-based business workshop Javelin Inc landed $1.5 million in a funding round led by Mark Suster and Upfron Ventures to teach big companies to innovate like a startup.

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US-based call marketing firm Invoca secures $20M in Series C funding

California, US-based call marketing company Invoca raised $20 million in a Series C funding round led by Accel Partners for its workforce expansion and product development.

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TrueCar nabs $30 million from Paul Allen's Vulcan Capital

Car pricing information website TrueCar.com has received a $30 million investment from Vulcan Capital. Vulcan Capital is controlled by Microsoft Corp. co-founder Paul Allen and has been investing in Internet and technology firms.

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