31 posts and columns on Series A
News Byte
Jelly, Biz Stone’s Startup, Raises a Round (With a Little Help From Friends)
Jelly, the stealthy startup founded by Twitter co-founder Biz Stone, announced Thursday that the company just closed its Series A round of venture capital. The round was led by Spark Capital; Bijan Sabet — an early Twitter investor — will join Jelly’s board. Other noteworthy investors include Jack Dorsey, U2’s Bono, Reid Hoffman, Steven Johnson, Evan Williams and Jason Goldman, Roya Mahboob, Greg Yaitanes and former vice president Al Gore.
News Byte
App Discovery Startup AppGratis Nabs $13.5 Million
AppGratis, a discovery platform to help users find mobile apps more easily amid a crowded app marketplace, announced on Thursday the closing of its $13.5 million series A round of financing. Iris Capital led the round, with participation from the Orange Publicis Fund. AppGratis claims a strong footing in the space, with more than seven million users globally, and upward of $1 million in monthly revenue.
News Byte
Motivational App Lift Closes $2.5 Million Round
Lift, the personal motivational mobile app that helps users set and achieve goals for themselves, closed a $2.5 million Series A investment round, the company announced Tuesday. The round was led by Bijan Sabet of Spark Capital, who will join the board of the six-person start-up, reuniting with former Twitter board member and co-founder Evan Williams, whose Obvious Corp. has also invested in the company. Also involved in the round are SV Angel, Adam Ludwin from New York VC firm RRE and, appropriately enough, motivational speakers Tony Robbins, Tim Ferriss and David Allen.
News Byte
Mobile App Platform BiNu Raises $4.3 Million
BiNu, the mobile app platform that brings Web-based apps and social functions to low-cost feature phones, announced Wednesday that the company raised $4.3 million in venture capital. Joining the series A round were investments from 500 Startups and PanAfrican Investment Co., among others, following previous participation from Eric Schmidt’s TomorrowVentures and the Savannah Fund. The company is currently focused on developing its business in emerging markets such as East Africa, South America, parts of Asia and other areas in which citizens access the Internet primarily through a low-end mobile device.
News Byte
Viddy Raises $30 Million in Series B Financing Round
Social video application Viddy has raised $30 million in venture capital in a Series B round of financing, the company announced on Friday morning. Investors in the round include NEA Ventures, Battery Ventures, Goldman Sachs and Vinod Khosla of Khosla Ventures. The additional funds come after an initial $6 million Series A raised in February, which was led by Battery Ventures and included Qualcomm and Greycroft Ventures.
