Highland Capital Posts

Handybook Raises $10 Million

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Handybook is a startup that helps users book preapproved cleaners and handy workers.  Handybook has raised $10 million in funding mostly from existing investors led by General Catalyst Partners and Highland Capital Partners.
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Aereo Raises $38 Million In Series B

Aereo is a web TV service company that has raised $38 million in Series B funding.  Aereo plans on rolling out to 22 more U.S. cities this year starting in the late spring.  This round of funding was led internally by Barry Dillar’s IAC.  Previous investors Highland Capital Partners, FirstMark Capital, and First Round Capital also participated in this round.

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Leap Motion Raises $30 Million In Series B Funding, Signs Deal With Asus

Leap Motion has announced today that they have raised $30 million in Series B funding.  Leap Motion co-founder and CEO Michael Buckwald said that the company will be shipping a gesture-based controller in Q1 of this year.  The company also signed a partnership with Asus.  Asus is expected to bundle the Leap Motion controller with All-In-One PCs and high-end notebooks.  The company will have other bundling partnerships to announce soon.  “That’s a huge part of our distribution strategy.”

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Security Solutions Company Bit9 Raises $34.5 Million

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Bit9
 has raised $34.5 million in a round of funding led by Sequoia Capital.  Bit9 provides security solutions to companies that need to detect cyber threats.  Previous investors Atlas Venture, Highland Capital Partners, Kleiner Perkins, and .406 Ventures also participated in this round.  Bit9 will be using this funding to fund new product development efforts and expand their sales/marketing.  Bit9 believes that traditional security solutions are not sufficient at protecting organizations from next-generation targeted attacks.  Bit9 protects over 700 organizations across the education, finance, government, healthcare, and retail sectors.  Bit9 is based in Waltham, Massachusetts and secured a total of $82.5 million in funding since they launched in 2002.

Mobile Ads VP Leaves Apple

Apple’s VP of mobile advertising, Andy Miller, has decided to leave the company to become a partner at Highland Capital. Miller has been with Apple since early 2010.

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Web Advertising Company CampusLIVE Raises $3.1 Million


CampusLIVE is a web advertising company that is based in Boston, Massachusetts. CampusLIVE raised $3.1 million in funding from Highland Capital Partners, Charles River Ventures, and other angel investors. Last year CampusLIVE raised $340,000 in funding. [Xconomy]

Bamboom Labs Raises $4.5 Million In Seed Funding


Bamboom Labs is a company that develops technology for watching live TV on the Internet. Bamboom Labs has raised $4.5 million in seed funding led by FirstMark Capital. Other investors include High Line Venture Partners, SV Angel, Highland Capital Partners, and First Round Capital.
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2tor Raises $32 Million In Series C


2tor is an online education website that is based in New York City. The company has raised $32 million in Series C funding led by Bessemer Venture Partners. Previous investors that participated in this round include Highland Capital, Redpoint, City Light, and Novak Biddle. 2tor has raised a total of $65 million. 2tor is pursuing the higher education market and is partnering with graduate programs. 2tor plans on providing a technology platform for higher graduate programs to offer classes online.
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