Deals That Closed


Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Arrayent, a San Francisco-based provider of virtualization technology for the Internet of Things, has raised $11.9 million in Series B funding. DCM led the round, and was joined by Intel Capital.www.arrayent.com

CustomInk, a Tyson’s Corner, Va.-based custom apparel company founded 14 years ago, has raised $40 million in VC funding from Revolution Growthwww.customink.com

FoundationDB, a Vienna, Va.-based developer of transactional NoSQL database software, has raised $17 million in Series A funding. Sutter Hill Ventures led the round, and was joined by CrunchFund and individual angels. The company was founded in 2009. www.foundationdb.com

Futurelytics Inc., a Czech Republic-based prescriptive analytics platform for businesses, has raised $800,000 in seed funding. Index Ventures and Credo Ventures c-led the round, and were joined by Kima Ventures and Rob Keve (ex-CEO of FizzBack)www.futurelytics.com

itBit, a Singapore-based global platform for trading Bitcoin with U.S. dollars, Singapore dollars and euros, has raised $3.25 million in VC funding. Canaan Partners and RRE Ventures co-led the round, and were joined by Liberty City Ventures and individual angels. www.itBit.com

LendUp, a San Francisco-based developer of an online alternative to traditional payday loans, has raised $14 million in Series A funding. Google Ventures led the round, and was joined by Data Collective and QED Investors. www.lendup.com 

Maxta, a Sunnyvale, Calif.-based developer of a virtualization-centric storage platform, has raised $10 million in VC funding from Andreessen Horowitz. www.maxta.com

Quroum, a San Jose, Calif.-based provider of one-click backup, recovery and continuity solutions for the midmarket, has raised $10 million in Series A funding. Toba Capital led the round, and was joined by Airtek Capital Group and individual angels. www.quorum.net

Ripple Labs, a San Francisco-based developer of an open-source, distributed payment protocol, has raised $3.5 million in new VC funding from Core Innovation Capital, Venture 51, Camp One Ventures and IDG Capital Partners. www.ripple.com

SmartThings, a Washington, D.C.-based developer of a platform for connecting the Internet to everyday items, has raised $12.5 million in Series A funding. Greylock Partners and Highland Capital Partners co-led the round, and were joined by seed backers like First Round Capital, SV Angel and Lerer Ventures. www.smartthings.com

Servergy Inc., a McKinney, Texas-based maker of “green” servers for datacenters, has raised $20 million in Series C funding from firms like The Williams Financial Groupwww.servergy.com

Scanadu, a personalized health electronics company, has raised $10.5 million in Series A funding.Relay Ventures led the round, and was joined by VegasTechFund and Ame Cloud Ventures.www.scanadu.com\

Happy Investing and Networking,

JD Morris

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Author: JD Morris

Learn more about JD Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

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