August Capital Posts

Real-Time CDN Company Fastly Raises $10 Million In Series B

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Fastly
is a company that delivers the world’s only real-time content delivery network (CDN).  The company’s Fastly Caching Engine technology delivers static, dynamic, and streaming content with the lowest recorded time to first byte.  Fastly’s customers include Disqus, Twitter, Wikia, Yammer, Github, and Wanelo.  To foster the company’s rapid growth, Fastly has raised $10 million in a Series B round of funding led by August Capital.  Fastly plans to use the funding to expand their network.

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Online Legal Company Rocket Lawyer Raises $15 Million

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Rocket Lawyer is an online legal services company that has raised $15 million in funding from a strategic investor.  The company previously raised $40 million in funding from August Capital, Google Ventures, and Investor Growth Capital (IGC).

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Online Loan Company AvantCredit Raises $34 Million

AvantCredit Logo
Based in Chicago, Illinois, AvantCredit is a company that helps you find a loan upon deciding multiple factors, not just your credit score.  The company has raised $34 million in equity and debt funding from August Capital and Victory Capital.  Personal loans range at between $1,000 and $10,000.  This is the company’s first round of funding include a Series A equity investment of $9 million led by August Capital with participation from Victory Park Capital.  Victory Park also issued a $25 million credit facility to AvantCredit, bringing the total funding to $34 million.

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Rosetta Stone Acquires Livemocha For $8.5 Million

Rosetta Stone is a software company that uses images, text, sound, and video to help people learn new languages.  Rosetta Stone has acquired Livemocha for $8.5 million in cash according to a press release.  Livemocha is a Seattle-based online language training company that has over 16 million users across 195 countries.

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Urban Airship Raises $25 Million

Urban Airship is a mobile marketing solutions company that helps you improve customer engagement using push notifications and location-based marketing.  The service also offers mobile analytics.  Urban Airship recently expanded their services to help developers build an Apple Passbook app.  The company has raised $25 million in additional funding according to AllThingsD
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WePay Raises $10 Million


WePay has raised $10 million from Ignition Partners, Highland Capital Partners, and August Capital. The company launched as a way to help friends and family pool resources. Now they are offering online payment tools for merchants and non-profits.
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Rocket Lawyer Raises $18.5 Million

Rocket Lawyer has raised $18.5 million in new funding for their online legal services. The funding comes from Google Ventures, August Capital and Investor Growth Capital. Founder Charles Moore expects to reach 20 million users by the end of this year. [TechCrunch]

Reputation.com Raises $41 Million


Reputation.com is an online privacy start-up company that has raised $41 million in funding. The new round of funding was led by August Capital. Insight Capital, Jafco Ventures, Kleiner Perkins, and Bessemer Venture Partners also participated in this round. This brings the company revenues to over $65 million. This is the company’s fourth round of funding.
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