BlueRun Ventures Posts

Joyme receives $21.5 million in funding

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Joyme is a Beijing based mobile game portal operator that has received 130 million yuan ($21.5 million) in a second round of institutional funding. This round of funding was from Fosun Venture Capital Investment with participation from BlueRun Ventures.
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Local Business Scouting Company Radius Raises $12.4 Million

Radius (formerly known as Fwix) is a startup company that helps sales people find local businesses.  Radius has raised $12.4 million in funding from American Express.  Investors that participated in this round include Comcast Ventures, Western Technology Investment, and BlueRun Ventures participating.  

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Kabbage Raises $30 Million In Series C, Helps $800 Million In Sales For SMBs

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Kabbage is an online company that provides working capital for small businesses.  Kabbage has raised $30 million in Series C funding.  Kabbage plans on using the funding to further advance their data platform and expand on their partnerships.

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Kabbage Raises $17 Million

Kabbage, an online merchant lending startup, has raised $17 million in new funding. The investors include Mohr Davidow Ventures, BlueRun Ventures, David Bonderman, Warren Stephens, the UPS Strategic Enterprise Fund, Jim McKelvey and others. Kabbage lends money to online merchants using PayPal’s Adaptive Payments API. [TechCrunch]

Architecture Directory Social Network OpenBuildings.com Raises $2 Million Series A


OpenBuildings.com has raised $2 million in a series A round of funding led by BlueRun Ventures and Index Ventures. John Malloy (BlueRun) will be joining the board of directors at OpenBuildings.
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Topsy Raises $15 Million In Third Round


Topsy is a real-time search engine that has raised $15 million in a third round of funding. Topsy allows users to search for real-time content on Facebook and Twitter. Topsy recently launched Topsy Social Modules, which lets publishers add real-time content to their websites. Social Modules are being used by websites such as Discovery Communications and The Huffington Post. Western Technology Investments, BlueRun Ventures, Ignition Partners, Founders Fund, and Scott Banister invested in this round. This puts Topsy at a total of $30 million in funding. [VentureBeat]

Online Merchant Investment Company Kabbage Raises $6.65 Million


Kabbage is a service that enables merchants to get capital to start their own online stores. The idea behind the company was so attractive that they have raised $6.65 million in a new round of funding led by BlueRun Ventures. David Bonderman, Warren Stephens, and the UPS Strategic Enterprise Fund also participated in this round of funding.
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Foodspotting Raises $3 Million From BlueRun Ventures


Foodspotting is a location based food discovery and recommendation application company that has raised $3 million in series A funding from BlueRun Ventures. Angel investors previously put in $750,000 in Foodspotting. Foodspotting plans on expanding their team from 7 people to 14.
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