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.”
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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.
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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.
Amazon drone

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.
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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.
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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.
Highfive co-founder and CEO Shan Sinha

News Byte

Lookout Gets $55M More for Mobile Security

Mobile security startup Lookout raised $55 million in a round led by Deutsche Telekom and including Qualcomm Ventures, Greylock Partners, Mithril Capital Management, Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures. The company has raised $131.5 million to date, and said it plans to add security products for businesses later this year.

Narrative — Formerly Known as Memoto — Launches Life-Logging Camera, Raises $3M

“It’s fun to explore your life in hindsight,” says the maker of a tiny camera that takes a picture every 30 seconds.
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Wrike Raises $10M From Bain Capital for Project Management Tools

Uber Finally Confirms $258 Million Fundraising

With $2M From Google Ventures and Others, NoRedInk Tackles Bad Grammar

Swiftype Raises $1.7M for Smarter Site Search

Fitbit Raises $43M for Health Tracking

As YouTube Stars Invent Their Own Ways to Get Paid, Patreon Raises $2.1M

Dropcam Snaps Up $30M for Connected Video Cameras

Fast Car: Uber Funding Auction Could Reach a $3.5B Valuation

Just-Launched Swell Audio News App Backed With $5.4M

Uber Sets Out to Raise Big New Round, for Real This Time

Tomfoolery’s Anchor App Is About Workplace Social, Not Productivity

We Heart It, Image Site That’s a Favorite of Young Ladies, Raises $8M