May 16, 2013

Dan Anderson

TAGS

RPM Ventures, Ali Pincus, Kleiner Perkins, Marissa Mayer, Jim Lanzone

Luvocracy Raises $11 Million

Luvocracy is a social shopping service that has a similar user interface as Pinterest. Luvocracy allows users to buy products recommended by friends. The company has raised $11 million in funding from Kleiner Perkins, Google Ventures, Marissa Mayer, Ali Pincus, Jim Lanzone, Tony Robbins, CrunchFund, RPM Ventures and XG Ventures. Bing Gordon of Kleiner Perkins is joining the Luvocracy board of directors. Luvocracy was co-founded by Nathan Stoll and Roger Barnett.

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May 15, 2013

Amit Chowdhry

TAGS

Liberty City Ventures, Vast Ventures, Bitcoin Opportunity Fund, Google Ventures, FF Angel

Bitcoin Exchange Company OpenCoin Raises Funding From Google Ventures

Google Ventures has invested in OpenCoin, a company that created a Bitcoin exchange platform called Ripple. Ripple is considered the “world’s first open payment network.” Ripple can also be used to exchange other currencies besides Bitcoin.

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May 15, 2013

Dan Anderson

TAGS

Google Ventures, August Capital, Rocket Lawyer, Investor Growth Capital, Startups

Online Legal Company Rocket Lawyer Raises $15 Million

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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May 7, 2013

Noah Long

TAGS

Digg, Tony Conrad, WeFollow.com, America Online, AOL

About.me Acquires Social Media Directory Wefollow

About.me is a website where users can create a landing page profile with a large background image and links to their social media profiles. The founders of About.me, including Tony Conrad, bought the company back from AOL for around $5.7 million three years after the acquisition took place. Today About.me announced that they have acquired Wefollow.

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May 7, 2013

Noah Long

TAGS

Startups, Google Ventures, Maveron Venture Partners, Union Square Ventures, Rose Park Advisors

Crowdfunding Startup CircleUp Raises $7.5 Million

CircleUp is a company that focuses on helping passionate consumer entrepreneurs to find support needed to grow their brand. CircleUp believes that great entrepreneurs deserve funding from passionate investors so they have built a crowd-funding platform that connects product businesses with accredited investors. CircleUp has raised $7.5 million in funding led by Union Square Ventures. Google Ventures, Rose Park Advisors, and Maveron Venture Partners also participated in this round.

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May 1, 2013

Annie Baker

TAGS

On Deck, Google Ventures, Peter Thiel, Industry Ventures, Noah Breslow

On Deck Raises $17 Million From Google Ventures, Industry Ventures, and Peter Thiel

On Deck has announced that they have raised a $17 million expansion for their Series D round led by Google Ventures. PayPal co-founder Peter Thiel and Industry Ventures also participated in this round. On Deck previously closed $42 million in Series D funding led by Institutional Venture Partners (IVP), RRE Ventures, SAP Ventures, and First Round Capital. This brings the total Series D funding to $59 million total. On Deck plans on using the funding for growth, hiring new talent, and developing new products.

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Apr 26, 2013

Amit Chowdhry

TAGS

Startups, Google Ventures, SV Angel, Menlo Ventures, Ilya Sukhar

Facebook Acquires Mobile App Development Company Parse

Facebook has acquired Parse, a mobile backend-as-a-service startup. Parse is a company that sells tools and services that helps build mobile apps. The deal was worth around $85 million and includes retention, according to TechCrunch. Facebook had to outbid multiple Silicon Valley companies for the deal.

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Apr 11, 2013

Amit Chowdhry

TAGS

Google Ventures, InterWest Partners, Pete Koomen, Dan Siroker, Battery Ventures

Optimizely Raises $28 Million In Series A

Optimizely is an A/B testing company that has raised $28 million in Series A funding led by Benchmark Capital. New investor Bain Capital Ventures participated in this round with existing investors Battery Ventures, InterWest Partners, and Google Ventures. Through the funding, Peter Fenton (Benchmark) has joined Optimizely’s board of directors.

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