The RealReal Raises $14 Million In Series B

The RealReal is an online luxury resale store where designer items are selected by stylists.  The company has raised $14 million in Series B funding led by InterWest.  Canaan Partners, e.ventures, Greycroft Partners, Novel TMT Ventures, Panarea Capital, Suzy Welch, and Sukhinder Singh Cassidy also participated in this round.  The RealReal plans to use the funding to expand their technology and infrastructure by introducing search, a mobile app, and personalization.

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Stealth Travel Website Stayful Raises $2.4 Million

Based in New York, Stayful is a website that has raised $2.4 million in funding according to an SEC filing.  Stayful was co-founded by Cheryl Rosner, the former CEO of BuyWithMe.  John Balen of Canaan Partners was listed as a director of the company in the filing, which implies that the company invested in the startup.  Stayful co-founder Shariq Minhas, former VP of engineering at FanIQ and Expedia/Hotwire.com manager, was also listed as a director at the company.

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ShopKeep Raises $10 Million

ShopKeep is a New York based startup company that has built a point-of-sales app for the iPad.  The company has raised $10 million in a second round of funding.

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UrbanSitter Raises $6 Million For Parents and Babysitters To Connect

UrbanSitter is an online service for parents and babysitters to connect.  The company has raised $6 million in Series A funding led by Canaan Partners.  First Round Capital, Menlo Ventures, Rustic Canyon Partners, and several angels are participating.  UrbanSitter uses the power of social recommendations to connect the parents with the babysitters.

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SOASTA Raises $12 Million In Funding

SOASTA is a cloud-based testing company that has raised $12 million in funding led by The Entrepreneurs’ Fund. Canaan Partners, Formative Ventures, and Pelion Venture Partners have participated in this round of funding. Now SOASTA has raised a total of $33 million.
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Social Gaming Company Kabam Raises $30 Million In Series C

Kabam is a massively multiplayer social gaming company based in California. Kabam used to be named Watercooler and they have raised $30 million in Series C funding. The Series C was led by Redpoint Ventures and Intel Capital with participation from Canaan Partners. Kabam launched in 2006 and they plan to use the funding to expand their gaming studio. Below is the full press release:
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PrimeSense Raises Undisclosed Amount Of Funding From Silver Lake

Private equity firm Silver Lake is known for their investments in Skype and other technology companies. Now Silver Lake has invested an undisclosed amount in PrimeSense Inc. PrimeSense is the company responsible for designing some of the components that went into the Microsoft Kinect. Microsoft has shipped about 8 million Kinects thus far.
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