Bessemer Venture Partners racked up a huge win today. Two years ago it invested $6 million in exchange for nearly half the equity of Israeli startup Intucell, whose networking tech lets carriers handle more mobile traffic.
Betterment, an investment platform for your savings, has raised $10 million in financing led by Menlo Ventures with Bessemer Venture Partners and Anthemis Group also participating in the round.
European online footwear and bag retailer, Spartoo — the ‘Zappos of Europe’ — has raised €25 million ($32.5 million) in Series C funding led by Belgian investment holding company Sofina. Existing investors A Plus Finance, CM-CIC Capital Privé, Highland Partners and Endeavour Vision also participated in the round.
Extole, a startup offering tools for brands to manage their “social advocacy” programs, has raised $7.5 million in new funding.
The round is a follow-on to the $10 million Series C that Extole raised about a year ago, and it comes from existing investors, including Shasta Ventures, Norwest Venture Partners, Redpoint Ventures, and Trident Capital.
Gridstore has raised $12.5 million in Series A funding for its scale-out storage offering. The round was led by GGV Capital and Onset Ventures along with participation from existing investors.
San Jose-based SaaS/cloud financial management company Intacct has raised $13.5 million in a new funding round from existing investors, with Split Rock Partners leading the round with a $7.5 million investment. Bessemer Venture Partners, Emergence Capital, Sigma Partners, and Sutter Hill Ventures also participated.
Global expansion doesn’t come cheap, and to that end, mobile app marketing platform, Trademob, has raised a Series B of $15 million led by Kennet Partners. Specifically, Kennet has invested $12.5 million into the Berlin-based startup, with additional funds coming via what is effectively a follow on round from existing investors, Tengelmann Ventures, and High-Tech Gründerfonds.
Edo, a card-linked local offers platform which targets customers based on their real-world spending behavior, has closed a $15 million Series C round of funding, the company announced today.
Evolv, a startup that develops science-based, on-demand talent matching and intelligence software, has raised another $15 million in Series D financing, led by VantagePoint Capital Partners with existing investors GGV Capital, Lightspeed Venture Partners, and Khosla Ventures also participating in the round.