Relay Ventures Posts

ClearFit Raises $7 Million In Series A

ClearFit is a human resources company that helps companies finding and hiring the best candidates.  ClearFit has raised $7 million in Series A funding led by GrandBanks Capital and Relay Ventures.  Currently ClearFit has over 8,000 customers and the company.  ClearFit offers a free trial that can be set up in about a quarter of the time that it takes to put together a traditional job posting.

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Influitive Raises $7.3 Million Series A

Influitive is an advocate marketing company that has raised $7.3 million in Series A funding.  Investors in this round include Hummer Winblad, Relay Ventures, Lightspeed Venture Partners, New Enterprise Associates, Illuminate Ventures, Resolute.VC, Common Angels, and several angel investors.  Lars Leckie of Hummer Winblad and Alexa Baker of Relay Ventures will be joining the Influitive board of directors.  The company plans on using the funding to ramp up their marketing, sales, and services teams.

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TribeHR Raises $2.5 Million In Funding

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TribeHR
is a company that has created a virtual HR service platform.  The company has raised $2.5 million in funding, which puts them at around $3.6 million in total funding raised.  TribeHR provides HR software for small and medium-sized businesses.

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Kiip Raises $11 Million Led By Relay Ventures

Kiip is a startup company that lets brands promote themselves using rewards and contests. Kiip believes that by offering brands a way to offer real-world rewards for achievements in apps, it will be more engaging than mobile ads.  The company has raised $11 million in funding in a round led by Relay Ventures.  Hummer Winblad Venture Partners and True Ventures participated in this round also.

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Copious Raises $5 Million In Series A

Copious is a San Francisco based company that is an online marketplace.  Copious has raised $5 million in Series A, led by Foundation Capital.  Google Ventures and Relay Ventures participated in this round.  All 3 companies previously participated in Copious’ $2 million seed funding.  Copious launched in beta around June 2011.  It is similar to eBay in the sense that people can buy and sell used items, but you have to connect your Copious account to your Twitter and Facebook.  Copious has thousands of users and their primary user base is women between the ages of 18-40.  Copious plans to use the funding to expand their team.  They currently have about 12 employees.