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 Thursday, January 19, 2012 Kiwi Crate Captures $5M Mountain View-based Kiwi Crate, which operates a subscription service which delivers creative activities for kids every month to families, said today that it has raised $5M in a Series A funding. The round was led by Comcast Ventures, and also included First Round Capital, Mayfield Fund, Felicis Ventures, Forerunner Ventures, Consigliere Brand Capital, Uj Ventures and 500 Startups. Michael Yang of Comcast Ventures joins the company's board. posted on Thursday, January 19, 2012 (More)(Full story) Twitter Buys Summify Twitter has acquired a Vancouver, Canada startup, Summify, which develops software to create email summaries from social media updates. Financial terms of the deal were not disclosed. Summify was founded in Romania, and moved to Vancouver to become part of Bootup Labs. posted on Thursday, January 19, 2012(Full story) Trion Worlds Gains $85M In Strategic Funding Redwood Shores-based Trion Worlds, which develops online games, said today that it has raised $85M in a strategic funding round. The round came from the Ontario Teachers' Pension Plan, as well as Bertelsmann Digital Media Investments . The firm said the funding will go to grow its premium online games business. Trion's first title is massively multiplayer online role playing game Rift, which was launched in March of last year; the firm said its Nor (More info...) posted on Thursday, January 19, 2012(Full story) Anaplan Finds $11.4M For Planning Software San Francisco-based Anaplan, which is developing enterprise planning and performance applications, said today that it has raised $11.4M in a Series B investment round. The round came from Granite Ventures, Shasta Ventures, as well as the firm's existing investors. Standish O'Grady of Granite and Ravi Mohan of Shasta join the firm's board as part of the funding. Anaplan is headed by Guy Haddleton, who previously ran Adaytum, and sold it to Cognos in 200 (More info...) posted on Thursday, January 19, 2012(Full story) Varentec Gets $7.7M San Jose-based Varentec, which is developing smart grid control products, said today that it has raised $7.7M in a Series A funding round. The round was led by Khosla Ventures. As part of the funding, the company said it has named Dr. Deepak Divan as President and CTO. The firm said that Divan has over 35 years of experience in the field. posted on Thursday, January 19, 2012 (More)(Full story) |
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