vc funding
2 result(s) displayed (11 - 12 of 12):
Loopfuse Gets Series A Funding from True Ventures
True Ventures got our attention by closing a Series A deal in the dark days just after the financial meltdown, funding Syncplicity. It has just announced that it is funding LoopFuse, a late entrant to the very crowded marketing automation space. Sean Dwyer, CEO of LoopFuse, confirms that the Series A investment is $1.4 million. This puts True Ventures into the very elite class of VCs that have sealed two Series A deals in web technology since the financial meltdown (the other VC is Emergence Capital).
Geni Gets Another $5 Million for Social Networking and Genealogy Site: What About Yammer?
According to Dan Primack on peHub, Geni, the popular genealogy and social networking site founded by PayPal's David Sacks, just raised another $5 million in a Series C round backed by Charles River Ventures and The Founders Fund. In early 2007, Geni raised a total of $1.5 million in a series A round led by The Founders Fund and another $10 million is a series B round led by Charles River Ventures.
While Geni itself is a popular service, a lot of attention has lately gone to Yammer, a side project that grew out of the same company and which is a Twitter-like service geared towards enterprise users. It is not clear if any of the money raised in this latest round will go towards expanding Yammer.
