TuneIn is an online radio service that has raised $25 million in funding led by Institutional Venture Partners (IVP). Existing investors Sequoia Capital, Google Ventures, and General Catalyst Partners also participated in this round. IVP general partner Jules Maltz is going to be joining the TuneIn board of directors. TuneIn has hit over 1 billion listening hours for the year this past April, which makes them the top live audio content provider.
Datalogix is a company that has the ability to target, measure, and optimize performance. Datalogix has raised $25 million in Series B round of equity financing led by Institutional Venture Partners (IVP). IVP joins existing investors General Catalyst, Sequel Venture Partners, and Costanoa Venture Capital. The company’s measurement solutions are applied across display, mobile, video, social, and search channels. Based in Denver, Datalogix has about 250 employees.
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Supercell is known for developing the popular mobile games Hay Day and Clash of Clans. Supercell has raised $130 million in February based on a valuation of $770 million, according to Forbes.com. Last month, Pulse2 reported on a rumor about the funding. The funding was from Institutional Venture Partners, Index Ventures, and Atomico Partners. Accel Partners and other shareholders sold 16.7% of their holdings in the company to new investors.
Business Insider has raised $5 million in funding led by Jeff Bezos, the founder of Amazon.com. Business Insider was co-founded by formet Internet analyst Henry Blodget. Bezos reads the website often and he is making the investment through Bezos Expeditions. This brings Business Insider’s total funding to $18.3 million. RRE Ventures and Institutional Venture Partners also participated in this round. Some of Business Insider’s earlier investors include Marc Andreessen and Ken Lerer, the co-founder of the Huffington Post.
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Supercell is a Finland-based startup mobile gaming company that is known the games Clash of Clans and Hay Day. Supercell generats around $1.3 million per day from the games, up from the $500,000 per day figure that was reported as of this past October. According to sources with TechCrunch, the company is expected to raise around $100 million at a valuation of $800 million.
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AppDynamics is an application performance monitoring company that has raised $50 million in a Series D round of funding led by Institutional Venture Partners (IVP). Other investors that participated in this round include Greylock Partners, Kleiner Perkins Caufield & Byers, and Lightspeed Venture Partners. AppDynamics raised a total of $86.5 million and they plan to go public. AppDynamics manages the scaling, monitoring, troubleshooting, and user experience. AppDynamics has grown 300% in the past year as they now have 500 customers. This is up from 250 customers last year.
One Kings Lane (OKL) is an online home furnishing company that has raised $50 million in a round led by Institutional Venture Partners. The company has raised a total of around $117 million. HGTV operator Scripps Interactive also participated in this round along with current investors Kleiner Perkins, Greylock Partners, and Tiger Global Management. One Kings Lane is valued at higher than $440 million based on this last round. These investors will receive board observer status, but is not getting full board seats.
Wikia is a web-hosting service for wikis to host all types of content. It is especially popular for gamers. Wikia has raised over $10.8 million in Series C funding. The financing was led by Institutional Venture Partners (IVP). Existing investors that participated in this round include Bessemer Ventures and Amazon.com.
