500 Startups Posts

Storefront raises $7.3 million in funding

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Storefront has raised $7.3 million in funding led by Spark Capital. Mohr Davidow Ventures, Great Oaks Venture Capital, 500 Startups, Box Group, SV Angel, Gary Vaynerchuk, Nas, Tom Glocer, Vikram Pandit and Troy Carter participated in this round.

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Speek raises $5.1 million in Series A

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Speek is a conference calling startup that offers online and mobile tools for making it easier to jump on calls despite the type of device that you have. Speek has raised $5.1 million in Series A funding. This round includes $2.7 million in convertible notes.
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Crowdfunder has raised $1 million in seed funding

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Crowdfunder is a crowd funding platform that has raised $1 million in seed funding. The startup has raised a total of around $2 million. Investors in this round include 500 Startups / 500 Mexico, Rob Nail, K5 Ventures, Ben Goldhirsh, Sharon Chang, and personal investments from U.S. and Latin American based entrepreneurs, fund managers, and investment bankers.
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Vungle Raises $6.5 Million, Hits 2 Billion Video Views

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Vungle is a leading in-app video advertising platform company.  The company has hit 2 billion video views since being founded last year.  The company also announced today that they have raised $6.5 million in Series A funding.  This round of funding was led by Crosslink Capital.  Existing investors Google Ventures, AOL Ventures, 500 Startups, SV Angel, Maynard Webb, Scott McNealy, and Tim Draper also participated in this round.  Over the past year, Vungle opened offices in San Francisco, London, and Berlin.
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Bleacher Report Co-Founder Bryan Goldberg Raises $6.5 Million For Bustle

Bryan Goldberg
Bryan Goldberg is on fire.  He sold sports media company Bleacher Report to Turner Media last year for over $200 million.  Now he is starting a new company called Bustle.  Bustle has raised $6.5 million in seed and Series A funding.  Investors that participated in this round include Social + Capital Partnership, Time Warner Investments, Google Ventures, 500 Startups, Rothenberg Ventures, and several angel investors.
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Yahoo! Acquires E-Commerce Company Lexity [Updated]

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Yahoo! has acquired the e-commerce app platform company Lexity.  Lexity said that the service will continue to run under Yahoo! branding.  Lexity chief executive officer and founder Amit Kumar used to work at Yahoo!  He worked on search and semantic advertising at Yahoo!

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The IdeaLists Raises $1.7 Million

The IdeaLists
The IdeaLists
is an online marketplace for creative talent that has raised $1.7 million in a seed round of funding.  The funding was provided by Double M Capital, Pegasus Capital, Siemer Ventures, 500 Startups, Clark Landry, Paul Bricault, and several other investors.  Founded by Adam Glockman, The IdeaLists plans on using the funding for automating sales and marketing.
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InternMatch Raises $4 Million From Artis Ventures, Subtraction Capital, Others

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InternMatch is a startup that helps students find employment.  The startup has raised $4 million in a Series A round of funding led by Artis Ventures and Subtraction Capital.  Previous investors that participated in this round include 500 Startups, Kapor Capital, Rudy Gadre, and several others.  Paul Willard, former marketing exec at Atlassian, Practice Fusion, and Coupons.com is joining the company’s board of directors.

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