35 posts and columns on SV Angel
Red Hot Labs, the gaming development startup founded by two ex-Zynga engineers who helped create FarmVille, announced Thursday it raised $1.5 million in seed funding. Investors include Andreessen Horowitz, Greylock Partners, SV Angel, General Catalyst Partners, Japan’s IT-Farm and others. The six-person outfit is currently working on a number of games under the Red Hot Labs banner.
Rather than compete with Amazon on price alone, Nomi wants to help retailers provide better service by tracking consumer behavior across in-store and online channels. It is announcing a $3 million round today, led by First Round Capital. Other investors include Greycroft Partners, SV Angel, Forerunner Ventures and several angels. The New York company was founded by former Salesforce.com and Buddy Media executives, including CEO Marc Ferrentino, who served as Salesforce’s chief technical architect.
News Bytethe 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 ByteRecent Twitter defector Ian Ownbey will soon join Branch, the New York-based start-up aimed at curating “high-quality public discourse.” Engineer Ownbey will move to the East Coast to join Branch’s eight-man outfit, which is backed and mentored by the Obvious Corporation, a group composed of ex-Twitterers Biz Stone, Evan Williams and Jason Goldman. Branch’s other investors include SV Angel, Betaworks and Lerer Ventures (and more), with advisers such as Jonah Peretti of BuzzFeed.
News ByteKabbage, which helps small online merchants obtain working capital, has raised $30 million in a third round of capital. The Atlanta-based company will use the funding to fuel growth opportunities. The round was led by Thomvest Ventures. Other investors, including UPS Strategic Enterprise Fund, Mohr Davidow Ventures, BlueRun Ventures, Warren Stephens, David Bonderman and Ron Conway’s SV Angel, also participated. To date, Kabbage has raised $56 million. Since launching two years ago, the company says it is now lending money to companies, which earn a combined $800 million in annual sales.
News ByteWarby Parker, which aims to build a trendy brand selling eyeglasses, has raised $36.8 million in venture capital, according to a regulatory filing. The filing was first noticed by Fortune, which reports that General Catalyst Partners appears to have led the round. Warby Parker previously raised about $12 million from Tiger Global Management, First Round Capital, Lerer Ventures, SV Angel, Menlo Ventures and Thrive Capital. The round, which is expected to close later this year, could increase to as much as $40 million.