Postmaster Raises $600K Seed Round To Expand Its Smart Shipping API, Partners With Lone Star Overnight
Postmaster, an Austin-based startup that aims to simplify shipping and parcel tracking through an easy to use REST API, launched earlier this year and today, the company announced that it has raised a seed investment round of $600,000 led by Capital Factory, Cloud Power and Zelkova Ventures, as well as a consortium of angel investors. The Postmaster team plans to use this additional funding - it launched as a member of the last TechStars Cloud class - to expand its development team and build additional carrier integrations.
BDC Venture Capital Partners With Government-Funded Accelerators To Inject More Canada Into The U.S. Startup Scene
BDC Venture Capital, the leading major investment firm for accelerators in Canada, announced today that it would add its financial and expert support to ongoing Canadian Technology Accelerator programs being run in the U.S. by the Canadian government. The programs, spread across various major tech hubs including Boston, Philadelphia, New York and San Francisco, give Canadian startups the U.S. face time they need to make connections and product sales.
OUYA Closes $15 Million In Funding Led By Kleiner Perkins, Boasts 12,000 Game Developer Sign-Ups
Today, gaming console and software company OUYA announced that they have closed a $15 million round led by Kleiner Perkins, and with participation from the Mayfield Fund, NVIDIA, Shasta Ventures and Ocean Partners. This marks one of the largest institutional investments to go to a project that had its humble beginnings on Kickstarter. OUYA is a company that launched back in 2012 on Kickstarter under the guiding hands of Julie Uhrman, a video game industry veteran who believes that gaming should be affordable and enjoyable for everyone. She and the team developed a $99 Android gaming console, which hooks into the TV and comes with automatic access to free-to-try games. It launched on the crowdfunding site to much fanfare, scoring $8.6 million in funding, which ends up being around 9x more than OUYA asked. Along with the $15 million round, which brings OUYA’s total amount of funding to $23.5 million, the company will also be bringing KPCB General Partner Bing Gordon on to the board of directors. ...
Movable Ink Gets $11 Million Series B Led By Intel Capital For Real-Time Email Marketing Tech
Movable Ink, a New York City-based company whose technology lets clients create more relevant email marketing campaigns, has taken on $11 million in a fresh round of funding. The funding, which serves as Movable Ink's Series B, was led by Intel Capital with the participation of previous investors Contour Venture Partners, Metamorphic Ventures, ff Ventures, Silicon Valley Bank, and Wilson Sonsini Goodrich & Rosati. This round was significantly more sizable than the $1.3 million Series A it launched with back in 2011, bringing Movable Ink's total VC investment to $12.3 million.
Good Technology Raises $50M On Its Road To An IPO
Mobile device management company Good Technology has raised $50 million, according to a Securities and Exchange (SEC) filing. A company spokesperson confirmed the fundraising but had no comment about the purpose of the raise. The SEC document says the company is seeking a total of $60 million. Founded in 1996 and headquartered in Sunnyvale Good Technology is backed by Oak Investment Partners, Draper Fisher Jurvetson, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, Allegis Capital, GKM and Blueprint Ventures. Good Technology plays in the fast consolidating MDM market. It provides enterprise mobility technologies across multiple platforms and security and management software. Its product offerings include Good for Enterprise, Good for Government, Good for OEM Device Manufacturers/Carriers and Good Dynamics. Good puts an emphasis on providing a platform that allows enterprise developers and ISVs to create secure mobile applications. It has been ...