News Byte

Freshdesk Nabs $7 Million Series C

Customer support startup Freshdesk announced on Thursday it had raised $7 million in a Series C round of venture funding. Existing investors Accel Partners and Tiger Global Management participated in the round. Freshdesk has raised $13 million in venture funding since its launch in mid-2011.

Greylock Leads $12 Million Round for Big-Data Startup Trifacta

If Big Data is going to be really big, it also has to be useful.
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News Byte

In-Store-Tracking Startup Nomi Confirms $10 Million Investment Led by Accel

Nomi, the startup that tracks shoppers’ mobile phones to help retail shops gather data on customer activity in their stores, has confirmed last week’s AllThingsD report that it had landed $10 million in a round led by Accel Partners. First Round Capital, Greycroft Partners, and Forerunner Ventures also participated.

In-Store Tracking Isn’t Going Anywhere: Nomi Close to Landing Around $10 Million Series B Investment

An attempt to bring more intelligence to the still-dominant offline retail industry.
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Videoconferencing Startup Blue Jeans Network Raises $50 Million

Building out to stream a billion minutes worth of videoconferences every year.
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CrowdStrike Lands $30 Million Series B Led by Accel Partners

The firm figures out who’s hacking you in real time.
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News Byte

HotelTonight Books $45 Million Investment, Led by Hedge Fund Coatue Management

Last-minute hotel-booking service HotelTonight has landed a huge Series E funding round of $45 million to help spur geographic and staff expansion, with the hedge fund Coatue Management leading the round. GGV Capital is investing in HotelTonight for the first time, while past investors Battery Ventures, First Round Capital and Accel Partners participated, as well. This is the first lead investment for Coatue’s new fund focused on privately held technology firms, after building its name on investments in publicly traded companies. HotelTonight has now raised more than $80 million.

News Byte

Collegefeed Snags $1.8 Million in Seed Round

Collegefeed, a site that pools resources for students looking to join the workforce in first jobs after college, announced it closed a $1.8 million seed round on Tuesday. Participation in the round included Accel Partners, Mark Stevens of S-Cubed Capital, and other angel investors. The news comes in the wake of LinkedIn launching its University Pages initiative on Monday, which seems to offer similar features.

News Byte

MyFitnessPal Raises $18M to Count More Calories

Calorie counter and diet community MyFitnessPal raised $18 million in its first round of funding from backers Kleiner Perkins and Accel Partners. Though the eight-year-old company has one of the cheesier names in the biz, it is adding 1.5 million users per month and is widely integrated into other fitness-tracking tools.

Yahoo Paid $60M to $70M for Rockmelt — Will Dump Browser and Use Tech to Better Deliver Its Media and Mobile Properties

Big money for tech that essentially failed to find customers.
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