Series A
Storefront, a San Francisco-based online marketplace enabling merchants to discover locations, has gained $7.3 million in a Series A funding round led by Spark Capital. The company is also debuting in Los Angeles. Storefront had previously raised $1.6 million in seed funding. Mohr Davidow Ventures, 500 Startups, Great Oaks Venture Capital, Box Group, SV Angel, Gary Vaynerchuk, Nas, Troy Carter, Tom Glocer, and Vikram Pandit all contributed.
According to TechCrunch, digital health company Lifesum has raised $6.7 million in Series A funding. Bauer Media Group and SparkLabs Global Ventures led the investment. Lifesum, which is based in Stockholm, leverages 4.5 million members.
Series B
San Carlos food company NatureBox Inc. has gained $18 million in a Series B investment led by Canaan Partners. Current backers SoftBank Capital and General Catalyst Partners also participated. “The company shipped 50K orders in its first year and experienced 20X growth in 2013 with 1 million orders shipped,” according to a press release.
Series C
Julep Beauty has secured $30 million in a Series C funding round from new backers Madrona Venture Group, Azure Capital and Altimeter Capital. Current funders Maveron and Andreessen Horowitz contributed. Total backing behind the Seattle-based beauty company comes to $56 million. Julep’s revenues from e-commerce sales increased by 3x last year, according to a press release.
Rocket Internet’s real estate company Lamudi has raised $7 million in funding, according to Tech in Asia. Tengelmann Ventures invested. According to a recent press release, Lamudi has racked up more than 1 million monthly visitors.
Funding
Wireless network antenna technology company Quintel has received $10 million in funding led by Trillium International. A “key strategic partner” contributed as well. The new funding for the Rochester-based company will help the company speed up growth and escalate delivery competency to hit its 400 percent year over year growth rate, says a press release.
M&A
Ipreo Holdings LLC will be picked up by private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division, according to a press release. The seller: Kohlberg Kravis Roberts & Co. L.P., which will keep a minority share of Ipreo. The New York company delivers marketing intelligence and workflow services. Terms of the deal were not revealed.