CrunchBase Monthly Investor Leaderboard

CrunchBase Monthly Investor Leaderboard

VCs got lazy in the final month of the summer, committing nearly $4.5 billion in capital in 558 August venture deals. In comparison to the $7 billion invested in July and $8.4 billion in June, it seems investors have finally taken a break to enjoy the dog days of summer.

Investments spiked in the final week of the month, however, with Wednesday fundings alone totaling nearly $600 million. Massive rounds announced on Wednesday include storage infrastructure provider Nutanix’s $140 million Series E round, online tech training service Pluralsight’s new $135 million round, and Taiwanese music streaming service KKBOX’s $104 million Series B round.

Kimora Lee Simmons’ fashion site JustFab joined the $1 billion club this week, while both Pluralsight and Jessica Alba’s eco-friendly products startup The Honest Company just missed with valuations approaching $1 billion. Time to update the list again.

Participation in the Pluralsight funding was enough to boost Insight Venture Partners and ICONIQ Capital onto the monthly Investor Leaderboard, capturing the 7th and 8th spots in terms of total amount invested in August.

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CrunchBase Daily Featured Fundings

CrunchBase Daily Featured Fundings

JustFab, an online fashion retailer based in Manhattan Beach, CA, has raised $85 million in a Series D round led by new investor Passport Capital with participation from existing investors Shining CapitalMatrix Partners and Technology Crossover Ventures. JustFab is a subscription-based fashion retailer that offers members a personalized shopping experience based on their individual style. Founded in 2010, JustFab is now valued at just over $1 billion and will use the latest funding to back international expansion of new product lines.

SeatGeek, a ticket search engine headquartered in New York, has raised $35 million in a Series B round led by Accel Partners with participation from Causeway MediaMelo7 Tech PartnersMousse PartnersStanford University Athletics, and a list of individual investors including athletes Peyton ManningEli ManningShane BattierMike Dunleavy Jr., and musician Nas. SeatGeek provides a platform for users to search for tickets to events such as sports games or concerts across multiple resale sites to find the best value. Founded in 2009, SeatGeek has raised $41 million to date and will use the new cash to accelerate development of its mobile apps and ramp up marketing.

IFTTT, a consumer Internet connectivity startup, has raised a $30 million Series B round led by Norwest Venture Partners with participation from existing investor Andreessen Horowitz. IFTTT stands for “If This Then That” and provides a platform for people to control communication between their Internet-connected services and devices. Launched in 2010 in San Francisco, IFTTT has raised $39 million to date and will use the new funds to introduce premium accounts and add new services to the platform.

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CrunchBase Weekly Market Momentum

CrunchBase Weekly Market Momentum

It’s been a big news week for tech as Twitch and Snapchat have stirred up enough interest to distract us even from Burning Man. Twitch, the video platform for gamers, along with the social messaging Snapchat app are just two pieces of a notable trend in the gaming and social markets that venture investors poured their cash into this week.

Social media made the strongest comeback this week, with nine companies totalling $44.7M in funding. Rumors that social media management startup HootSuite may be closing a pre-IPO round from Fidelity could significantly increase that figure, which is already up over 15x from last week. The trend in social media this week has had a clear theme, favoring very specific vertical social platforms. Wikia, a user-generated pop culture publishing site, raised $15M to try to expand the business into Asia. The Series D was led by Tokyo-based Digital Garage and included seven other investors including BessemerAmazon and IVP. Similarly, Chinese company Xingyun.cn took in a $6.5M Series A from Shenzen Capital Group for their social media platform geared towards the cultural entertainment vertical.

Social finance service Ayondo of Frankfurt also took $4M in funding from Luminor Capital for their social trading platform enabling members to follow and monitor top stock traders. In the U.S., Boston startup Fancred took in a $3M seed round for their social app targeting sports fans and Vegas company EastMeetEast raised $480k to launch a dating platform for Asians in English-speaking countries. Finally, AdmitSee secured a $250k convertible note as part of the Founder.org program for their crowd-sourced platform to bring transparency to college admissions.

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Startup Calendar for August 26th

Five events are featured in this week’s Startup Calendar:

And three accelerator programs are currently accepting applications:

Read the weekly newsletter for more… To take part in this program as an organization that hosts startup events, visit the Startup Calendar page for guidelines and send us an email at events@crunchbase.com. We look forward to hearing from you!

CrunchBase Weekly Investment Map

CrunchBase Weekly Investment Map

As August comes to a close, venture capitalists still aren’t ready to slow up the pace on a summer-long investment marathon, shoveling nearly $1.2 billion into 164 companies worldwide last week.

Weekly totals for amount invested and number of rounds have continued at a regular pace since the end of last month, with number of investments this week just slightly lower than last week’s total of 193.

U.S.-based companies raised 108 of these rounds and nearly $900 million of the cash total, dominating last week’s international venture capital scene. Aside from the 8 venture fundings announced in the U.K. and China and 7 rounds out of India, no other country saw more than 3 funding rounds. Continue reading

South Korean Startups from Rocketpun.ch

South Korean Startups from Rocketpun.ch

CrunchBase has partnered with Korean startup database RocketPun.ch to showcase startups from Seoul and the broader South Korean marketplace.

RocketPun.ch, launched in January 2013, also provides a job platform with the goal to connect Korean talent to a broader global tech market. More than 1,200 startups have registered, posting 50 open job positions every week according to Minhee Cho, CEO of Rocketpun.ch.

In a country with deep penetration of smartphones and high speed LTE access, whose capital boasts a population of more than 15M, there is a big opportunity to provide mobile services to this geographically concentrated population. In Silicon Valley the population is 3.5 to 4M by comparison.

On TechCrunch, Sebastian Park writes about the developing tech scene in South Korea with news of smartphone messaging & games platform Kakao Talk‘s plans to merge with Daum, the largest South Korean Internet portal, later this year. Additionally, fast growing e-commerce company Coupang is slated to go public late this year.

Concurrent with Silicon Valley, there are interesting startups in the mobile delivery space. Woowa Brothers, with its app Baedalui Minjok, is a food delivery service that recently received $12M in funding in March 2014 from CyberAgent Ventures, Altos Ventures and IMM Investment. Other delivery apps which are taking off are Yogiyo, a local restaurant delivery and ordering platform; Stonykids, which allows one to discover local shops, order and get delivery; and finally Hey! Bread, a popular Korean bread delivery service.

The most active investors in the region based on the number of investments in CrunchBase include Samsung Ventures, Softbank Ventures, D.CAMP, Stonebridge capital and K Cube Ventures.

Rocketpun.ch has partnered from the start with the top 3 South Korean tech news sites VentureSquare, Platum and beSUCCESS. They are supported by both the Korean Government’s Small and Medium Business Administration (SMBA) and Seoul National University Techno Holdings.

Image by Clint Sharp/Flickr

CrunchBase Weekly Investor Leaderboard

CrunchBase Weekly Investor Leaderboard

Venture investments rode the summer wave back over the billion dollar mark this week, with nearly $1.5B invested over 194 rounds. The 15 Series C growth rounds accounted for over $400M of the total venture investments this week, signalling a pronounced trend towards later stage deals recently.

Sequoia claimed double honors for the most active investor of the week with five venture deals, and also topped the list of total capital committed with $221M in funding. The $100M Series D for Thumbtack was their biggest bet, and enough for Tiger Global, Google Capital and Javelin Venture Partners to also join the Top 4 in capital committed as co-investors in the round.

Accel Partners led a $30M Series C round in TaxiForSure.com, based in India, and also participated in a Series D for Alfresco this week that was led by Sageview Capital. The $75M in total funding between the two rounds was good for the fifth spot.

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