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 Monday, May 13, 2013 Plastic Jungle Pulls Back From Retail Market San Mateo-based Plastic Jungle, the venture backed operator of an online gift card exchange and marketplace, has pulled back from the retail market. The company, in an email to customers, said that it we will no longer be buying and selling gift cards on its website, effective today. The company said, instead, that it will be working through its partners--such as Best Buy, CVS Pharmacy, Zeevex, and others--directly. Plastic Jungle is backed by J (More info...) posted on Monday, May 13, 2013(Full story) Twitter Buys Data Analytics Startup Lucky Sort San Francisco-based Twitter has acquired data visualization and analytics firm Lucky Sort, Lucky Sort said Monday. Size of the buy was not announced. Twitter will be moving much of Lucky Sort's team to San Francisco, to bolster its revenue engineering department, according to Lucky Sort. Lucky Sort was based in Portland, Oregon, and had raised around $600,000 in angel funding. posted on Monday, May 13, 2013(Full story) Rocket Lawyer Finds $15M More San Francisco-based Rocket Lawyer disclosed Monday that it has raised $15M in a funding round. Source of the new funding was not announced. Rocket Lawyer offers up an online legal documents and referral service. Rocket Lawyer was founded by Charley Moore, and is headed by Dan Nye. The firm's investors include Google Ventures, August Capital, Investor.AB, and Industry Ventures. posted on Monday, May 13, 2013 (More)(Full story) Radius Gets Funding From BBVA San Francisco-based Radius, a developer of technology to help small businesses with lead scoring and sales and marketing, has raised a round of funding from BBVA Ventures. BBVA Ventures is the venture arm of BBVA Group, the Spanish banking giant. Financial details of the funding were not disclosed. Radius is headed by Darian Shirazi. BBVA says it has an initiative ot invest $100M in the financial services industry, and first made an investment in Silico (More info...) posted on Monday, May 13, 2013 (More)(Full story) Bloom Energy Snags $130M More Sunnyvale-based Bloom Energy, a developer of fuel cell power equipment, has raised $130M more in funding, according to reports today, bringing its total raised to over $1.1 billion. Details on the funding have not yet been announced by the company. Bloom Energy's fuel cells convert natural gas into electricity, and are being used to provide lower carbon--and cheaper--energy to customers like data centers. The funding was More)(Full story) |
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