SoftTech VC Posts

ClassDojo raises $8.5 million

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ClassDojo is a mobile-education platform company that has raised $8.5 million in funding from Shasta Ventures, Yuri Milner, General Catalyst, SoftTech VC, and SV Angel. ClassDojo previously raised $1.6 million in seed funding back in August 2012 along with resources from the K12 accelerator.
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August Raises $8 Million In Series A

August
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.

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GiftCards.com Acquires Online Card Company Giftly

Giftly Logo

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.

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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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