Seed funding
Food testing company 6SensorLabs has raised $4 million in seed funding, TechCrunch reports. Upfront Ventures led the round, with participation from SoftTech VC, Lemnos Labs, Mitch Kapor, SK Ventures and Xandex Investments. The company is building a device to alow users to test foods for allergens. 6SensorLabs will use the new funds to build out the mobile app used to view the results and to launch the device.
Series A
European personal finance app Tink has secured $4 million in Series A funding, in a round led by Sunstone Capital. Existing investors also participated. Tink will use the funds to expand internationally and expand its team. The app is available on both Android and Apple and has over 200,00 account holders since launching in September 2013., according to a company press release. “Personal finance doesn’t have to be boring or time consuming. We make something that in just seconds gives you valuable, fun and actionable information about your spending” said Tink CEO Daniel Kjellén. “The fact that Tink is fully automated and everything is presented in a feed format makes it useful even if you only have 2 minutes to spare. We think this is key to why the typical users is a 23 year old female, using Tink 2-3 times per week.”
Series C
Snowball, a social network for investors in China has raised a $40 million Series C round, led by Renren, with participation from Sequoia Capital and Morningside Capital, Sina Tech has reported. The platform allows users to track data across U.S and Chinese stock markets, and communicate with fellow traders. Users cannot yet use it to trade stocks.
Series E
Ifbyphone, a voice-based marketing company, has raised a Series E round of funding worth $30 million, led by NewSpring Capital. Apex Venture Partners, SSM Partners, Origin Ventures, River Cities Capital Funds, I2A Illinois Accelerator Fund and Spring Mill Venture Partners all participated. The company has now raised $60 million to date and will use the funds to develop its platform and to fund the acquisition of Mongoose Metrics, a call tracking, measuring and attribution company. “Thanks to smartphones, phone calls have become the most powerful vehicle for driving revenue in virtually every industry, andbusinesses and agencies that generate, measure and optimize these high-value calls now have a tremendous competitive advantage,” said Irv Shapiro, CEO of Ifbyphone.
Funding
Employee health management platform Keas has raised a funding round worth $7 million from Atlantic Ventures and Ignition Partners. The company’s platform encourages good health and wellness within employees by collating data from health apps and creating a social community. Keas, which was founded in 2008, will use the latest funds to expand.