Series A
Crowdfunding platform Patreon has raised $15 million in Series A funding. Backers included Index Ventures, Reddit co-founder Alexis Ohanian and David Marcus, former president of PayPal. Patreon was founded in 2013 and has attracted more than 25,000 users to its platform.
Series B
Healthcare management platform Grand Rounds has secured a $40 million Series B funding round led by Greylock Partners. Venrock and Harrison Metal also participated. Grand Rounds has raised a total of $51 million since it was founded in 2011 and covers around 1 million patients.
Kreditech, a Hamburg, Germany-based enterprise credit rating service, has raised $40 million in a Series B round led by Varde Partners, with participation from Blumberg Capital and Point Nine Capital. Kreditech was founded in 2012 and currently operates in 7 countries. The company uses data from social networks and e-commerce records to generate consumer credit scores for retailers.
RelayRides, a peer-to-peer car sharing marketplace, has finalized a $25 million Series B round, led by Canaan Partners. Existing investors August Capital, Google Ventures and Shasta Ventures also participated. The San Francisco-based company has raised over $40 million to date, and plans to use the new funds to launch a mobile app for Android and expand into new markets.
Toronto-based visual recognition search platform Slyce has raised a $12 million Series B round of funding. Canaccord Genuity Corp. led the round, with participation from Salman Partners, Cormack Securities and Beacon Securities. Slyce which provides its platform to retailers, has raised a total of $27 million to date.
Series C
Aerospike, a NoSQL database startup, has raised a $20 million Series C funding round led by NEA. Columbus Nova Technology Partners, Alsop Louie Partners and Regis McKenna all participated in the round. Aerospike was launched in 2011 as Citrusleaf, and previously raised an undisclosed amount of Series B funding in August 2012.
CloudPhysics, a provider of analytics for data center operators, has raised a $15 million Series C round of funding. Jafco Ventures, Kleiner Perks Caulfield & Byers and Mayfield Fund all participated. The company has now raised a total of $27.5 million and also announced the release of the latest version of its CloudPhysics platform.