Funding and Acquisitions Roundup: Neo Innovation creates an investment fund for companies using Lean Startup principles
Today’s early-stage startup funding and acquisitions news:
Product design and web dev firm Neo Innovation has created an investment fund devoted to companies that are built on Lean Startup principles. The fund was developed in partnership with Eric Ries and Digital Garage, and has raised $3 million to this point.
Casabu, a UK-based flash sales site for parents, has landed £900K in Series A funding. Investors in the round were Ingeneous Ventures and Horatio Investments, which also participated in the company’s earlier funding round. Read more via TechCrunch.
Festicket is one of the recent entries in the live music ticket sales and scheduling space, a sector that is heating up. The startup has announced the closing of a $680K funding round. This looks like a Seed round, as it appears previous funding was raised from family and friends. Read more about the funding at hypebot.
Yes, there is a ‘Stealth’ category, just for funding news like this: Bitglass, a company that is apparently in complete and utter stealth mode, filed a Form D with the SEC for a $10 million first round of funding initiated in February. The filing was discovered by Venture Beat and the Silicon Valley Business Journal. Read more about Bitglass (well, not much more, really) via VentureBeat.
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