August 25, 2015
In today’s funding roundup we have some bigger name companies like Coursera, BlueData, and Nok Nok Labs all raising double digit millions. Amongst these bigger players are also Charge Messenger and Causemo, holding it down for the earlier stage companies. Point Judith Capital also announced that they’ll be starting their fourth fund to invest in other startups.
Make sure to sign up to have our roundup delivered directly to your inbox, and if we missed any big news be sure to drop us a line.
Charge Messenger Raises $1.7 Million
The team at Charge Messenger today officially launched their web platform, rolled out major updates to their iOS and Android apps, and closed a $1.7 million seed funding round: it’s been a busy day for them. When the team first started out there were only three employees, but they’ve since grown to eight: the new funding will help them continue to grow to their next big milestone.
Causemo Raises $4 Million
Causemo is a software platform that enables donations to various causes digitally, and they’re currently partnered with about 20 organizations like the Boys & Girls Clubs of America, Children’s Miracle Network Hospitals, City Year, and Save the Children. Their recent bout of $4 million was thanks to participation from Accomplice – via their BOSS Syndicate, Furneaux Capital, Park Vale Capital, and Real Ventures.
Coursera Raises $49.5 Million
Billed as an online education service, Coursera brought in $49.5 million in their Series C round specifically because they want to enact global expansion efforts. Original investor of the platform New Enterprise Associates was joined by a host of other investors like KPCB, GSV Asset Management, and Learn Capital.
BlueData Partners with Intel, Raises $20 Million
If partnering with Intel wasn’t enough, BlueData was excited to announce that they’ve also raised an additional $20 million in funding. Intel Capital, an existing investor, led the new funding round and was joined by Amplify Partners, Ignition Partners, and Atlantic Bridge.
Nok Nok Labs Raises $16.25 Million
Nok Nok Labs is known for supplying biometric ID tech, and they were beyond excited to raise their $16.25 million to close out a successful Series C round. They’ve only been around for two years or so at this point, but in total they’ve hauled in $51.8 million. This new bout of funding will be used specifically to spawn growth in Asian markets.
Point Judith Capital
The firm has officially filed plans for a new fund with a total offering of $100 million. However, it’s important to note that Point Judith Capital hasn’t raised any money as of yet. The fund would be Point Judith’s fourth to date, and they’re aiming to invest between $500,000 and $3 million into different companies.
Did you like this article?
Get more delivered to your inbox just like it!