877 posts and columns on funding
News Byte
Knewton Raises $51M for Personalized Learning
Education technology startup Knewton, which makes tools that adapt to each student’s learning style, has raised $51 million led by Atomico, along with GSV Capital and existing investors Accel Partners, Bessemer Venture Partners, First Round Capital, FirstMark Capital and Founders Fund. This doubles the New York-based company’s funding and is meant to help it expand around the globe with schools and academic publishers.
Big Money for Mobile Crowdsourced Transit App Moovit, With Sequoia Leading $28M Round
The stakes go up for a previously small company that had called itself “Waze for transit.”News Byte
HealthLoop Raises $10M for Online Doctor Follow-Ups
HealthLoop, which provides tools for doctors and patients to stay connected to monitor signs and symptoms between visits, has raised $10 million in Series A funding. The Mountain View, Calif.-based company is the first recipient of investment from the new Canvas Venture Fund, formerly known as the early-stage part of Morgenthaler Ventures.Homejoy Raises $38M to Bring $20/Hour Home Cleaning to the Masses
Venture capitalists like Homejoy. They really like it.During Drones’ Big Week, Drone-Maker 3D Robotics Discloses Some More Funding
3D Robotics and one of its VCs are piggybacking on the Amazon Prime Air news, but it appears that the flying drone delivery scheme may be reciprocally piggybacked on their technology.Misfit Wearables Raises $15.2M on Back of Shine, Even as Founder Dismisses Activity Trackers
“Activity trackers will go the way of MP3 players and GPS units,” said Sonny Vu, whose company still sees a good business there, for now.Profitable for Three Years, Apartment List Raises $15M Series A Round
Unlike some other up-and-comers in the space, Apartment List never scraped Craigslist to boost its inventory.Former Googlers’ Would-Be WebEx Killer Highfive Gets $13.5M Before Even Launching
Highfive CEO Shan Sinha wants to “reimagine the way we communicate at work.” Details to come.News Byte