Lightspeed Leads $3 Million Investment Into Mobile Confessions App Whisper

Whisper is a Los Angeles based company that has developed an iOS app that allows where users to add a confession on top of a photo anonymously.  Whisper launched this past November the app hosts millions of secrets and they have over one million users.  Although the app has not been adapted much in Silicon Valley, it is very popular on college campuses.  The one million users open the app an average of 6 times per day and spend about 30 minutes per day.  Last month, the app hit one billion pageviews.
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New Relic Raises $80 Million

New Relic is an app performance company that has raised $80 million as they look into going public.  Insight Venture Partners led the round of funding.  Other participants in this round of funding include T. Rowe Price, Dragoneer Investment Group LLC, Passport Ventures LLC, Benchmark Capital, Trinity Ventures, Tenaya Capital, and Allen & Company.
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TubeMogul Raises $20 Million

TubeMogul is a company that helps advertisers buy video ad space through real-time auctions.  TubeMogul has raised $20 million in a Series C round of funding.  This investment was led by Northgate Capital and other investors that participated include Trinity Ventures and Foundation Capital.

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Skyfire Raises $10 Million Series D

Skyfire is a mobile and video cloud solutions company that has raised $10 million in Series D funding to expand their presence in Europe and Asia.  This round of investment was led by Panorama Capital.  Other investors in this round include Matrix Partners, Trinity Ventures, Verizon Ventures, and Lightspeed Venture Partners.

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MasterCard Acquires Truaxis

MasterCard has acquired Truaxis, a company that used to be known as BillShrink.  The financial details are not known.  Truaxis raised around $9 million in funding from Trinity Ventures and Bessemer.

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IVP Leads $50 Million Round In Care.com

Institutional Venture Partners has led a $50 million round in Care.com.  Care.com now has a total of $111 million in funding and IVP’s Sandy Miller will be joining the company’s board of directors.  Care.com, Inc. was founded in 2006 and it has a directory of caregivers including child care, special needs, and pet care.  The website is used by 7 million users.  Care.com is based in Waltham, Massachusetts.  Existing venture capital companies Matrix Partners, New Enterprise Associates, and Trinity Ventures joined IVP in this round.

Samsung Acquires Mobile Entertainment Company mSpot

Samsung Electronics has acquired mobile entertainment company mSpot. The financial terms were undisclosed, but it is rumored that the company was sold for $8.8 million. mSpot allows users to stream and watch full length movies on their mobile phones and on the web. mSpot has deals with Disney, Sony, NBC, Lionsgate, Warner, and several other companies.
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