Seed
Button, a New York-based customer acquisition and engagement startup, has raised a $2.25 million seed round led by Atlas Ventures. DCM, Greycroft Partners, MESA+ and VaynerRSE all participated, as did a number of angel investors. The company’s platform is currently in private beta and will use the funds to hire new staff and continue product development.
Series A
New York-based restaurant payments app Cover has raised a $5.5 million Series A round led by Spark Capital. O’Reilly AlphaTech Ventures, Lerer Ventures and a number of angel investors also participated. Cover, which is currently available in New York and San Francisco allows users to easily pay a restaurant bill, leave a tip and split payments between diners.
Series E
Video conferencing platform Vidyo has raised a Series E round of funding worth $20 million from Sevin Rosen Funds, Menlo Ventures, Rho Ventures, QuestMark Partners, Saints Capital, Four Rivers Group ORR Ventures, Triangle Peak Partners and Juniper Networks. The Vidyo solution is aimed at enterprise customers and the company has now raised over $135 million to date. The latest funds will be used to develop sales and marketing.
Funding
D-Wave Systems, a quantum computing technology company, has raised $28.4 million in new funding. Investors in the latest round included Fidelity Canada Fund, Draper Fisher Jurvetson, Goldman Sachs and the Business Development Bank of Canada. D-Wave Systems had previously raised a $30 million round in October 2012 and its total backing now comes to approximately $160 million.