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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Professional social network LinkedIn has confirmed that they have acquired the popular news reading application called Pulse. LinkedIn acquired Pulse for $90 million in stock and 10% cash. We wrote about the rumor last month. So why did LinkedIn buy a media company?
Based in Reykjavik, Iceland, Plain Vanilla is the developer of QuizUp, the world’s first real-time social trivia platform for mobile devices. Plain Vanilla has raised $2.4 million in Series A funding led by Greycroft Partners, Tencent, IDG Ventures, BOLDStart Ventures, Crunchfund, Mesa Global, Brandon Beck (Riot Games CEO), and David Helgason (Unity CEO) .
Fortumo is a mobile carrier billing company that lets you pay for apps without having to provide a credit card number. The company has raised around $10 million in funding led by Intel Capital and Greycroft Partners. The company is expanded with two new carriers as well: China Mobile and Vodafone. Fortumo is integrated with 300 carriers across over 80 countries along with over 81,000 developers. This includes agreements to provide carrier billing services to companies like Pop Cap Games, Rovio, and Badoo. The company also powers the in-app purchases for Windows 8 apps.
Nomi is a startup that was started by former Buddy Media and Salesforce.com executives. The company has raised $3 million in seed funding led by First Round Capital. Other executives that participated include Greycroft Partners, SV Angel, Ralph Mack, Forerunner Ventures, Dave Tisch, Andy Dunn, and Sam Decker.
Maker Studios is a company that has raised $36 million in funding led by Time Warner Investments. Other investors that participated in this round include Greycroft Partners, GRP Partners, Downey Ventures, Elisabeth Murdoch, FUEL, Jon Miller, M+C, Ynon Kreiz, Daher Capital, and Jon Landau.
NuORDER is a Los Angeles-based startup that is revamping the wholesale fashion business. NuORDER Has raised $3 million led by GRP Partners, Greycroft, Aileen Lee, David Tisch, Creative Artists Agency, Brian Spaley, Mortimer Singer, and Rachel Zoe.