Lightbank Posts

Contently raises $9 million in Series B funding

contently logo
Contently is a New York based startup that has raised $9 million in Series B funding. Contently has 30 employees that licenses software to brands, agencies, and publishes.
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TalentBin Raises $2 Million Led By Lightbank

TalentBin
TalentBin
is a San Francisco based startup that develops tools made for tech recruiters.  The company has raised $2 million in a round of funding led by Lightbank, the venture capital firm run by Groupon co-founders Eric Lefkofsky and Brad Keywell.  New Enterprise Associates also participated in this round as they have a close relationship with Lightbank.

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SpotHero Raises $2.5 Million

SpotHero is an online parking garage reservation startup that has raised $2.5 million in funding led by Battery Ventures, 500 Startups, Bullet Time, e.Ventures, OCA Ventures, New World Ventures, Lightbank, and Draper VC.  SpotHero is spinning out of the Chicago startup accelerator program Excelerate Labs.  SpotHero has a mobile app and website that lets drivers reserve the perfect parking spot while on the go.  After opening the app, the service will show you nearby spots that are open in parking garages.

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Udemy Raises $12 Million In Series B

Udemy has raised $12 million in Series B funding led by Insight Venture Partners after surpassing 5,000 courses offered in their app.  Other investors in this round include Lightbank, MHS Capital, and Learn Capital.

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AOL Acquires Photo-Sharing App Hipster


AOL has acquired Hipster and their five-person team will be working at the company’s mobile team in Palo Alto, California. They will be reporting to Sol Lipman. Hipster CEO Doug Ludlow will be the director of mobile product management. Hipster will not be shut down.
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Lightbank Invests $1 Million Into Belly


Belly is a Chicago-based customer rewards and loyalty service for SMBs. Belly has received over $1 million in seed funding from Lightbank. Lightbank was founded by Groupon co-founders Brad Keywell and Eric Lefkofsky.
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Social Location Based Service WhosHere Raises $1.5 Million


WhosHere is a social location based mobile app that has raised their first round of institutional funding. WhosHere has raised $1.25 million in funding led by Lightbank. Lightbank is a Chicago-based fund that was started by Groupon co-founders Eric Lefkofsky and Brad Keywell.
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OnSwipe Raises $5 Million In “Series Awesome”


OnSwipe is a tablet publishing company that has raised $5 million in “Series Awesome.” This past January OnSwipe raised $1 million in seed funding. This round of funding was led by Spark Capital and followed on by Lightbank. Yuri Milner, Lerer Ventures, SV Angel, Betaworks, Morado, Eniac Ventures, and Thrive Capital also participated in this round.
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