Series A
Mobile measurement and analytics company AppsFlyer has received $7.1 million in a Series A round from Pitango Ventures and Magma Venture Partners. The Israeli company’s Software Development Kit has been installed on upwards of 800 million mobile devices, according to a company blog post. Customers of AppsFlyer, which crossed into profitability last year, include Glassdoor, Kaspersky Lab, Foursquare, Kingsoft and Baidu.
Berlin-based TVSMILES, which leverages an app that rewards users for watching TV advertising, has raised $7 million in a Series A funding. Ventech S.A., e.ventures, German Startups Group, Brandenburg Ventures, Magix AG and angels invested in the round. Among the companies customers: Wrigley, Johnson & Johnson and Mitsubishi.
Series C
Raleigh, North Carolina-based Aseptia, the “food processing technology company” that owns Wright Foods, has wrapped up a $28 million Series C Preferred Stock financing. Lookout Capital, SJF Ventures, the F.B. Heron Foundation and Prudential invested in the round. The funding is earmarked for backing expansion of Wright Foods’ Troy, NC-based operations.
Clinicient, which provides technological solutions to outpatient rehabilitation therapy businesses, has secured $15 million in Series C funding from Catalyst Investors. The Portland company leverages revenue cycle management software and clinical services, and is handling close to $1 billion in payments, according to a press release. Clinicient has also appointed Rick Jung chairman and CEO.
Enterprise Platform as a Service (PaaS) company CloudBees has gained $11.2 million in a Series C round led by Verizon Ventures. Previous investors Matrix Partners and Lightspeed Venture Partners, plus fresh investor Blue Cloud Ventures, participated in the funding. Backing behind the Woburn, MA-based company now comes to $25.7 million. MarketsandMarkets forecasts the worldwide PaaS market will swell to $6.94 billion by 2018.
Funding
Field service management company ServiceMax has raised $71 million in a Series E funding led by Meritech Capital with contributions from Kleiner Perkins. Cross Creek Advisors, Sozo Ventures and QuestMark Partners joined prior backers Emergence Capital Partners, Trinity Ventures, Mayfield Fund, Crosslink Capital, salesforce.com and Adams Street Partners in the round. The Pleasanton, CA-based company serves more than 300 customers such as Kodak Alaris and Canon U.S.A., Inc., and is expanding with triple digit revenue growth, according to a press release.
DocuSign has gained $85 million in funding. The lion’s share came from big institutional public funds, with current investors contributing. The San Francisco company helps companies digitally handle transactions and counts upwards of 95,000 companies as clients. Funding behind the company now comes to $210 million.
Irvine-based online real estate platform Auction.com has gained $50 million in funding from Google Capital. Shareholders in the company include Starwood Property Trust, Starwood Capital Group, Stone Point Capital and funds handled by affiliates of Fortress Investment Group, according to a press release. Auction.com’s CEO said in the same release the company’s marketplace hosted trading for $7 billion of commercial and residential real estate last year.
Menlo Park, CA-based employee communications company GuideSpark has secured more than $15 million in funding. New Enterprise Associates, Storm Ventures and IDG Ventures led the round. The company’s customer list includes L’Oreal USA, 7-Eleven, Adobe and BOX. Enterprises drop upwards of $62 billion on training in America, and more than half of that heads into technology, coaching, tools, and alternative non-instructor lead solutions, according to Bersin by Deloitte. GuideSpark seeks to “disrupt this market in the HR communications space,” according to a company press release.
M&A
Austin-based vacation rental platform HomeAway has picked up Santa Rosa Beach, Florida’s Glad To Have You, “creator of the vacation rental industry’s leading mobile guest management solution.” Right now, more than 300 American property management companies employ the GladProfessional mobile app.
Palo Alto-based media aggregator Flipboard has acquired San Francisco’s mobile magazine company Zite from CNN. The broadcast network reported the transaction could grow in value to $60 million. “Adding Zite’s expertise in personalization and recommendations to Flipboard’s product experience and powerful curator community will create an unparalleled personal magazine for our millions of readers,” writes Flipboard’s CEO Mike McCue in a Flipboard blog post. Atlanta-based CNN has now launched on Flipboard as well.
San Francisco-based Beats Music, which recently deployed its own music-streaming app, has bought Santa Monica’s Topspin Media, the “software for musicians” company. Beats Music’s CEO Ian Rogers used to serve as Topspin’s chief executive.
Allen Park, Michigan engine tech company EcoMotors is teaming with First Auto Works subsidiary First Auto Works Jingye Engine Company (FAW JY) to “develop, manufacture, sell and service” EcoMotors’ opposed-cylinder engine technology in China. FAW JY is providing more than $200 million to build a plant that will have a production capacity gauged at 100,000 engines per year starting 2015, according to a press release. EcoMotors will take 49 percent of the venture, while FAW JY will be the majority partner.