Algorithmia closed $10.5 million in Series A financing. GV, Madrona Venture Group, Rakuten, Osage Partners, and Work-Bench Ventures participated in the funding. Algorithmia is an open marketplace for algorithms, helping developers create tomorrow’s smart applications. The company aims to give developers the ability to turn
Farfetch announced it has closed $397 million in financing from JD.com, China’s ecommerce behemoth, going head-to-head with Alibaba. Farfetch is a global community of more than 400 boutiques that offer an inspirational shopping experience to fashion-forward consumers. The independent boutiques are carefully selected for their
Nuvolo announced the close of $10 million in Series A financing. Three investors participated in the round: GE Ventures, ServiceNow, and New Enterprise Associates. Nuvolo plans to revolutionize enterprise asset management (EAM) by innovating on ServiceNow, the world’s leading enterprise cloud platform. The company’s vision is
Blockchain announced the completion of $40 million in Series B financing. Seven investors participated in the round, including Lakestar, GV, Digital Currency Group, Lightspeed Venture Partners, Mosaic Ventures, and Prudence Holdings. Blockchain is a web-based Bitcoin platform that makes using Bitcoin safe, easy, and secure for
Calient Technologies announced the completion of $1.3 million in financing from an undisclosed investor. Calient, based in Santa Barbara, CA, seeks to be the global leader in adaptive photonic switching. It builds systems that enable dynamic optical layer optimization, dramatically improving utilization rates of computing resources
Silvernest closed $1.3 million in seed financing. Four investors contributed to the round: Halogen Ventures, Circle Ventures, 500 Startups, and Rockies Venture Club. Silvernest is an online home sharing service that pairs aging homeowners with qualified housemates, giving Baby Boomers and empty nesters an aging-in-place alternative.
According to an SEC filing, on-demand contractors startup Sweeten has raised $1.4 million in a new round of financing. Sweeten is an award-winning website that matches homeowners with renovation needs to certified general contractors selected from a carefully screened and curated network. The site currently facilitates more
Deliver announced it has secured $8 million in seed financing. Three investors participated in the round: Inventure, A&NN Group, and Amereus Group. Deliver is a Moscow-based startup that has developed a web-based platform to help calculate pricing and order the transport of goods by various modes. The
Tantan announced the close of $70 million in financing. Three investors participated in the round, among them Genesis Capital Advisors and SAIF Partners. Tantan is a mobile dating app that works much like a Chinese version of Tindr. Users can swipe to like or pass on
Software startup AproPLAN announced the completion of $5.6 million in Series A financing. Fortino Capital, Inventures Group, and other investors participated in the funding. AproPLAN is a free service that aims to make construction easier for everyone involved, from the first drawing to the project