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After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

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Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 3, 2012, 3:45 PM ET
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SoundCloud, a Germany-based online audio platform for music professionals, has raised an undisclosed amount of Series C funding. TechCrunch pegs the round amount at $50 million, with a $200 million pre-money valuation. Kleiner Perkins Caufield & Byers led the round, and was joined by GGV Capital. SoundCloud previously raised capital from Doughty Hanson Technology Ventures, Union Square Ventures and Index Ventures. www.soundcloud.com

Renmatix, a King of Prussia, Penn.-based maker of cellulosic sugars, has raised $50 million in Series C funding. BASF led the round with a $30 million commitment, and was joined by firms like Kleiner Perkins Caufield & Byers. www.renmatix.com

Blippar, a British mobile image recognition platform, has raised an undisclosed amount of seed funding from Qualcomm Ventures. www.blippar.com

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By Dan Primack
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