Startups Posts

Bitcoin developer raises $9.5 million

Screen Shot 2014-08-21 at 11.06.59 AM is a Bitcoin developer that has raised $9.5 million led by Khosla Ventures with participation from RRE Ventures, Thrive Capital, Box Group and Barry Silbert. The company helps developers build Bitcoin apps by connecting to the public ledge that records every Bitcoin transaction. Khosla partner Keith Rabois is joining’s board of directors.

vArmour raises $36 million in funding

vArmour is a stealth security company that has raised $36 million in funding. Investors in this round include Menlo Ventures, Columbus Nova Technology Partners and Citi Ventures. Pravin Vazirani of Menlo Ventures and Mohsen Moazami of Columbus Nova Technology Partners are joining vArmour’s board of directors. vArmour will be using the funding to scale development and sales.

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FarmLink raises $40 million in Series B funding

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This week, FarmLink said that it raised $40 million in Series B funding led by OpenAir Equity Partners with participation from Thorndale Farm, Early Investments, Don Walsworth and John Rose. FarmLink is a company that offers online tools to help farmers improve productivity.

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OnBeep raises $6.25 million

OnBeep Logo
OnBeep is a communications startup that was launched by Jesse Robbins and Greg Albrecht. The company has raised $6.25 million in funding. OnBeep’s device is like a badge that connects to your phone through Bluetooth and focuses on real-time group communication. The device has a clip, a mic, a speaker, and a volume button.

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AppNexus raises $60 million

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AppNexus, an advertising technology company, has raised $60 million in funding, hitting a total of $200 million in funding. This round of funding values AppNexus at $1.2 billion. AppNexus may raise an additional $40 million in funding. The company did not necessarily need the funding because it raised $75 million in January 2013. This round of funding buys AppNexus some times from going public. AppNexus is in no rush to go public, but it may happen next year.

Poppin raises $17 million in funding

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Poppin is an online workplace products company that works with clients like LinkedIn, Squarespace, and Warby Parker. Poppin has raised $17 million in Series C funding. Poppin has raised a total of $34 million thus far.

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Rethink raises $10 million in funding

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Rethink has raised $10 million in Series C funding led by Beringea and Arboretum Ventures. Rethink provides online care management tools for children that have autism and other behavioral health disorders. Michael Gross, managing director at Beringea, and Paul McCreadie, managing director at Arboretum Ventures are joining Rethink’s board of directors.

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Medallia raises $50 million from Sequoia Capital

Medallia has raised $50 million in funding from Sequoia Capital, which has created software to help corporations track and manage customer experiences. Sequoia Capital was the sole institutional investor in Medallia in this round. Sequoia has invested $105 million over three rounds. The valuation for Medallia was not disclosed, but we know it is up almost five times since the first round of funding in 2012.

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