August Capital Posts

Paperless Post raises $25 million in funding

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Paperless Post is an online startup that offers invitations and cards. Paperless Post has raised $25 million in a third round of institutional funding. August Capital led this round of funding and several existing investors participated in this round. This round of funding will be used for accelerating development of online and mobile products to increase engagement with its growing base of 45 million users.

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Report: PubMatic is preparing for an IPO

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PubMatic is an online advertising company that has hired a couple of banks for preparing an initial public offering, according to The Wall Street Journal. PubMatic’s platform makes it possible to buy and sell ad spaces using real-time bidding.
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PubMatic raises $13 million

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PubMatic is an online programmatic advertising company that has raised $13 million in funding led by Nokia Growth Partners. John Gardner of Nokia Growth will be joining the board of directors at PubMatic as an observer. Existing investors August Capital, Draper Fisher Jurvetson, Helion Ventures and Nexus Venture Partners also joined this round.
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Rocketmiles raises $6.5 million in Series A

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Travel booking website Rocketmiles has raised $6.5 million in Series A funding led by August Capital with participation from Peterson Ventures, Link Ventures, Atlas Venture, Chicago Ventures and Sam Yagan ( CEO). Rocketmiles lets you search for top hotels in thousands of cities and the website will automatically post new miles to the account of your choice. You can use the miles to go to dream destinations.
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WePay raises $15 million in Series C funding

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WePay is a payment gateway company that has raised $15 million in Series C funding. WePay will be using the funding to accelerate their growth, expand internationally, and further invest in their payment API. WePay’s revenue has increased over 600% this last year and now the company has over 300 platform partners. WePay is going to discontinue their direct to consumer offering to focus exclusively on the payments API built for platform businesses.
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Integral Ad Science raises $30 million in funding led by August Capital

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Integral Ad Science is a company that runs does ad placement evaluations. Integral Ad Science has raised $30 million in Series D funding as disclosed in a regulatory filing. This round of funding was led by August Capital with participation from Atlas Venture and Pelion Venture Partners. Eric Carlborg of August Capital is joining Integral’s board of directors. Integral Ad Science used to be known as AdSafe, but rebranded in order to separate themselves from ad verification and focus more on media valuation. Integral has a scoring system called “TRAQ Score.” A TRAQ Score includes brand safety, page content, and ad viewability.
[Source: TechCrunch]

Zulily Has Filed For A $100 Million IPO

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Zulily has revealed that they are filing for an initial public offering of up to $100 million.  Based in Seattle, Zulily made a filing with the Securities and Exchange Commission (SEC) earlier this year.  Zulily was founded in 2009 and is expected to report their first annual profit this year.  For the first six months of this year, Zulily reported $2.4 million in profit as their sales more than doubled (compared to a year ago) to $272 million.  Zulily is known for selling clothing for women and children.

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Hybrid Flash Storage Company Tegile Systems Raises $35 Million

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Tegile Systems is a hybrid flash and hard drive storage company that has raised $35 million in Series C funding.  This round of funding was led by Meritech Capital PartnersAugust Capital, Western Digital, and SanDisk also participated in this round.  Paul Madera (Meritech managing director) is joining Tegile’s board of directors as a result of the funding.
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