Here’s today’s heap of funding news.
Jafco raises a new $260M fund
Jafco Ventures has closed a fifth fund — its biggest yet. The tech-focused venture capital firm cobbled together $260 million for its latest investment fund, Jafco Technology Partners V, the it announced today. More than 20 new limited partners chipped in, including institutional investors, endowments, foundations, and families. Previously, Jafco had just one limited partner: the Japanese venture firm Jafco Co. Now Jafco will continue its core strategy of investing between $4 million to $8 million in mid-stage IT companies. Read more on VentureBeat.
AppDirect signs on to a $35M round
AppDirect, a cloud service marketplace that aggregates hundreds of software-as-a-service (SaaS) apps into a single platform that independent consultants can sell, announced it has raised $35 million. Peter Thiel’s Mithril Capital led the round. Existing investors iNovia Capital and Foundry Group also participated. AppDirect provides both a marketplace and a management platform. SaaS providers integrate once to AppDirect, which enables single sign-on, user management, and centralized billing. Then they’re available in private white-label app stores. Read more on VentureBeat.
Munchery slurps up $28M
Munchery, a company that serves up meals from local chefs, has closed a $28 million round of new funding, it announced today in a blog post. Shervin Pishevar and Scott Stanford’s SherpaVentures led the round. “Chef” director Jon Favreau and chef Roy Choi also participated. The company does business in the Bay Area, and now it wants to expand outward, with Seattle being the next destination. To date the company has raised $32.21 million.
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Fundbox takes on $17.5M to help small businesses get their own money
A startup called Fundbox is coming out of stealth today and revealing its capability to pay small and medium-sized businesses for their invoices within a day. It’s also announcing a $17.5 million round of funding. Khosla Ventures led Fundbox’s funding round. Former Citigroup chief executive Vikram Pandit, Ron Conway’s SV Angel, former Thomson Reuters chief executive Tom Glocer, Boku chief executive Mark Britto, Imperva chief executive Shlomo Kramer, Uber senior vice president of business Emil Michael, Inveshare chairman David Krell, and former JPMorgan Chase strategy and e-commerce head Jay Mandelbaum also participated. Read more on VentureBeat.
Slidely slides in $7.3M
Slidely, a service for making photo and video slideshows, has raised a $7.3 million funding round led by Benson Oak Capital. Tel Aviv-based Slidely may be gearing up for an Android debut later this year, and it’s preparing to open offices in the U.S. Read more on VentureBeat.
Runscope boots up $6M
Runscope, a startup that lets companies make sure their application programming interfaces (APIs) work the way they’re supposed to, has taken on a $6 million round led by General Catalyst Partners. True Ventures and Lerer Ventures also participated. General Catalyst investor and former VMware executive Steve Herrod joins Runscope’s board, as the company aims to start selling tools to monitor the usage of companies’ API-based services running in on-premises data centers and in the cloud. Read more on Runscope’s blog.
Tachyus tacks on $6M
Tachyus, a startup that wants to use data to improve the production of oil and gas, has raised $6 million in venture funding, founder and chief executive Dakin Sloss confirmed in an email to VentureBeat. The New York Times reported on the deal earlier today. Tachyus installs sensors and sets up wireless networks for sensors associated with production equipment, which can then feed data into applications, eliminating manual data entry. Founders Fund led the round. Formation 8 and Streamlined Ventures also participated.
Drchrono brings in $2.69M
Drchrono, a startup that devised a way to view electronic health records on mobile devices, said today it has brought on $2.69 million worth of convertible debt funding, according to a statement that Drchrono sent to VentureBeat via email. The startup is now expanding its reach and developing a new marketplace for patients and doctors. Runa Capital led the funding round. Bruno Bowden, Box, FundersClub, Maxfield Capital, and Silicon Valley Bank also participated. To date, Drchrono has raised $6.99 million in funding.
Crew ties on $2.1M
Gig-matching service Ooomf is changing its name to Crew and announcing a new funding round of $2.1 million with participation from AngelList founder Naval Ravikant. Rather than permitting open bidding on projects like other gig-finding services, Crew matches projects and teams according to its own internal standards. And it can handle jobs for a single developer or an entire team. The lead investor in the round was Atlas Ventures. Other investors included AngelList founder Naval Ravikant, Real Ventures, iNovia Capital, and Boldstart Venture Capital. Read more on VentureBeat.
DataFox adds $325K to its seed round
DataFox, a startup with a subscription-based website full of many kinds of data points on public and private companies, has increased its seed round by $325,000, with new funding from the angel fund Social Leverage and StockTwits co-founder Howard Lindzon. The startup’s seed round is now $1.8 million. Former Dun & Bradstreet chief executive Steve Alesio has joined the DataFox’s advisory board, according to information a statement a spokesman sent in an e-mail to VentureBeat.
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