August is a home automation startup that is known for making a “smart” lock product. The smart-lock uses virtual keys. August has raised $8 million in Series A so that they can bring the product to the market next spring. August’s Series A round of funding was led by Maveron with participation from Cowboy Ventures, Industry Ventures, Rho Ventures and SoftTech VC.
SoftTech VC Posts
GiftCards.com, one of the top gift card websites, has acquired a startup called Giftly. The terms of the acquisition was undisclosed. Based in San Francisco, California, Giftly lets users send gift credits to recipients based on their location when redeeming a gift rather than issuing plastic cards.
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.
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.
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.
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.
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.
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.