Today’s technology funding and acquisitions news roundup…
Today’s funding announcements are all about companies that help the end user make the web work better (or more personally) for them. A good illustration of this is IFTTT, a startup that helps users pull together various web services and social media functions into one sharing and saving interface. The company announced today that it has raised a $1.5 million Seed round. The name stands for “if this then that”…and I love the URL for its “About” page: http://ifttt.com/wtf.
On the social media front, GrabCad, a social community and marketplace for mechanical engineers, announced today the closing of its $4 million Series A round. Niche social communities like this are not new, but are getting new attention from investors as the social media landscape shifts toward more specialization. Boston-based GrabCad was founded in 2009.
Today’s other funding and acquisitions announcements:
Web/Content
Eved Raises $9.5 Million to Expand and Scale Internet Marketplace for Meeting and Event Industry
Co-Founder of Square Jim McKelvey Joins LockerDome’s Board of Directors and Invests
Cloud
Accellion Secures $12M Investment for Expansion from Riverwood Capital
Gaming
Seismic Games Launches Social Gaming Studio, Raises $2M From DFJ Frontier (via TechCrunch)
TransGaming Acquires Oberon Media’s Interactive TV & Connected TV Division
Mobile
Spool Raises $1 Million in Seed Financing from Marquee Angel Investors
