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Venture capital deals

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
July 19, 2012, 2:22 PM ET

Bitly, a New York-based URKL shortening service, has raised $15 million in new VC funding. Khosla Ventures led the round, and was joined by return backers RRE ventures and O’Reilly AlphaTech Ventures. The company previously raised around $13 million. www.bit.ly

Racemi, an Atlanta-based provider of software that automates migration of existing workloads to major cloud platforms, has raised $7 million in Series B funding co-led by Paladin Capital Group and Harbert Venture Partners. www.racemi.com

Fab, a New York-based flash sales site, has raised $105 million in Series C funding. Atomico led the round, and was joined by Pinnacle Ventures, ru-Net Technology Partners, Mayfield Fund, DoCoMo Capital and return backers Andreessen Horowitz, Menlo Ventures, Baroda Ventures and First Round Capital. Fab previously raised around $50 million. www.fab.com

SAY Media, a San Francisco-based digital publishing company, has raised $27 million in new VC funding from New Enterprise Associates, Shea Ventures and Correlation Ventures. www.saymedia.com

Edmodo, a San Mateo, Calif.-based K-12 social learning network, has raised $25 million in Series C funding. New Enterprise Associates led the round, and was joined by return backers Greylock Partners, Benchmark Capital, Union Square Ventures and Learn Capital. The company previously raised $22.5 million. www.edmodo.com

33Across, a New York-based social targeting platform, has raised $13.1 million in new VC funding. Pelion Venture Partners led the round, and was joined by return backers Flybridge Capital, Greycroft Partners, First Round Capital, iNovia Capital, Panorama Capital, QED Investors, Metamorphic Ventures and Great Oaks Venture Capital. The company has now raised a total of around $26 million. www.33across.com

Obalon Therapeutics Inc., a San Diego-based developer of gastric balloon technology for weight loss therapy, has raised $16.5 million in Series C funding. InterWest Partners led the round, and was joined by return backers Domain Associates and Okapi Venture Capital. www.obalon.com

Firespotter Labs, a Pleasanton, Calif.-based tech lab whose products include audio conferencing effort UberConference, has raised $15 million in Series B funding. Andreessen Horowitz led the round, and was joined by return backer Google Ventures. www.firespotter.com

Neuros Medical Inc., a Cleveland-based developer of neurostimulation devices, has raised $3.5 million in new VC funding. Boston Scientific and Glengary LLC co-led the round, and were joined by RiverVest Venture Partners, Blue Tree Allied Angels, ModelVest and return backers Case Tech Ventures, JumpStart Ventures, NorthCoast Angel Fund, Ohio Tech Angel Fund, Queen City Angel Fund III, Physician Investment Group. www.neurosmedical.com

Bomoda, an online community focused on curating luxury fashion and lifestyle for Chinese shoppers, has raised $1.4 million in seed funding. iNovia Capital led the round, and was joined by individual investors like Terry Semel and Ed Goodman. www.bomoda.com

DraftKings, a Boston-based online fantasy sports startup, has raised $1.4 million in seed funding. Atlas Venture led the round, and was joined by groups like Boston Seed Capital, Hub Angels, Angel Street Capital. www.draftkings.com

Privcap, a digital media company focused on the private capital markets, has raised an undisclosed amount of seed funding from investors like Noson Lawen Partners. www.privcap.com

IntelliBatt, a San Francisco-based provider of UPS and battery monitoring systems and services, has raised $22 million in new equity funding. Columbia Capital led the round, and was joined by CBC-Capital, angel investors and incoming executives like CEO Tom Barton (ex-CEO of Rackable Systems) and co-CEO and COO Todd Ford (ex-Rackable president). www.intellibatt.com

Boom Financial (f.k.a. M-Via), a mobile banking, payments and money transfer service for the U.S. immigrant population, has raised $17 million in new VC funding. Digicel Group led the round, and was joined by existing backers RRE Ventures and MATT.org. The company previously raised around $13 million. www.m-via.com

Stoke Inc., a Santa Clara, Calif.-based provider of mobile broadband gateways, has raised $5 million in strategic funding from Samsung Venture Investment Corp. The company previously raised $92 million from Focus Ventures, DAG Ventures, Integral Capital Partners, Pilot House Ventures, Net One Systems Co., DoCoMo Capital, Mobile Internet Capital, Sequoia Capital and Kleiner Perkins Caufield & Byers.www.stoke.com

Source4Style, a New York-based online B2B marketplace for fashion designers, has raised $500,000 in Series A funding co-led by Golden Seeds, Landis Capital and Great Oaks Capital.www.source4style.com

Juventas Therapeutics, a Cleveland-based regenerative medicine company, has raised $22.2 million in Series B funding. Triathlon Medical Venture Partners and New Science Ventures co-led the round, and were joined by Takeda Ventures, Venture Investors, Global Cardiovascular Innovation Center, Tri-State Growth Fund, Glengary and return backers Fletcher Spaght Ventures, Reservoir Venture Partners and Early Stage Partners. www.juventasinc.com

Totsy, a flash sales site for mothers, has raised $18.5 million in Series B funding. Rho Ventures led the round, and was joined by DFJ Gotham. www.totsy.com

Egnyte, a Mountain View, Calif.-based provider of cloud and hybrid cloud file sharing solutions for businesses, has raised $16 million in Series C funding. Google Ventures led the round, and was joined by return backers Kleiner Perkins Caufield & Byers and Polaris Venture Partners. www.egnyte.com

Kiip, a San Francisco-based mobile rewards network for virtual achievements, has raised $11 million in Series B funding. Relay Ventures led the round, and was joined by return backers Hummer Winblad Venture Partners and True Ventures. www.kiip.com

Openbucks, a Mountain View, Calif.-based gift card-based payment network, has raised $4.8 million in Series A funding. Yahoo co-founder Jerry Yang led the round, and was joined by CrunchFund, Greycroft Partners, BV Capital, Clearstone Venture Partners, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, SV Angel, TiE Angels and Terry Semel. www.openbucks.com

Tapingo, a San Francisco-based mobile commerce platform for college students to purchase goods on campus, has raised $3.5 million in first-round funding from Carmel Ventures. www.tapingo.com

BioSurplus Inc., a San Diego-based provider of equipment management services and pre-owned laboratory instruments, has raised $2.4 million in Series A funding from SJF Ventures and KI Investment Holdings. www.biosurplus.com

Domain Therapeutics SA, a French developer of new drug candidates targeting G-protein coupled receptors, has raised €2 million in new VC funding. Seventure Partners led the round, and was joined by SODIV and return backers AIRFI, IP Growth and Auriga. www.domaintherapeutics.com

DocuSign, a Seattle-based electronic signature company, has raised $47.5 million in Series D funding.Kleiner Perkins Caufield & Byers led the round, and was joined by Accel Partners, Comcast Ventures, SAP Ventures, Salesforce.com and the National Association of Realtors. www.docusign.com

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By Dan Primack
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