SoftTech VC Posts

Vidyard Raises $6 Million In Series A

Vidyard is a video marketing company that has raised $6 million in Series A funding.  OMERS Ventures led this round funding with participation iNovia Capital, SoftTech VC, and Jill Rowley.  Vidyard gives marketers actionable data for their video content.

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DeveloperAuction Raises $2.7 Million To Help Developers Get Jobs

DeveloperAuction is a company that lets you receive over 5 job offers from venture capital backed startups during a two week auction.  Each auction takes place on designated days and tend to last about a week.  The company launched in order to disrupt the recruiting industry and provide better ways for talented developers to get exposure.  So far, DeveloperAuction hosted around $225 million worth of job offers.

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TakeLessons Raises $4 Million

TakeLessons is an online marketplace for music lessons. The company has announced that they have raised $4 million in funding, thus hitting $12 million total. Triangle Peak Partners led the round of funding with participation from Siemer Ventures, Crosslink Capital, and SoftTech VC.

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Poshmark Raises $12 Million Series B Round

Poshmark is a mobile application that lets you buy and sell fashion.  Poshmark has raised 12 million in Series B funding led by Menlo Ventures.  Existing investors in this round that participated in this round include Mayfield Fund, Inventus Capital, and SoftTech VC.

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isocket Raises $8 Million In Series A Financing

isocket is a company that serves as a direct sales platform for premium online advertising.  isocket has received $8 million in Series A financing, led by Foundry Group. Costanoa is a new investor in this round and they are joining existing investors like Tim Draper of Draper Fisher Jurvetson, Jeff Clavier (SoftTech VC), Accelerator Ventures, Quest Venture Partners, and Blumberg Capital.

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Gigwalk Raises $6 Million, Partners With Microsoft Bing

Gigwalk is a mobile application company where users can post “gigs” or jobs from companies based on their location.  Gigwalk has raised a $6 million Series A round of funding from August Capital along with existing investors Greylock, Harrison Metal, SoftTech VC, Founder Collective, and AdMob founder Omar Hamoui.

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Fab.com Raises $40 Million, Now Valued At Over $200 Million


When Fab.com originally started, it was a social network for the LGBT community. Now the website is a flash sale website with 72-hour deals. The company has just raised $40 million in funding from Andreessen Horowitz and is now valued at over $200 million. It was only about 6 months ago since Fab.com switched from being a gay social network.
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“YouTube For Businesses” Service Vidyard Raises $1.65 Million


Vidyard is a company that is considered a “YouTube for Businesses.” The company has raised $1.65 million from SoftTech VC, Jawed Karim (YouTube co-founder), Y Combinator, SV Angel, iNovia Capital, Andreessen Horowitz, Paul Buchheit, Vivi Nevo, David Nizkad, Dennis Kavelman, and several others.
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