At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in our “Funding daily” column.
Evernote may be grabbing $100M
File that in your Evernote notebooks, with the tag “that’s a lot of cash.” The popular note taking/organization service is apparently raising a new round of $100M at a $1 billion valuation. Meritech Capital partners is said to be leading the round. Evernote has already raised $95.5 million in funding, so this new round would double its total funding.
Get social and chatty with Tango — it just raised $40M
Th video chat app that could rival Apple’s Facetime, Tango, just raised $40 million from Qualcomm Ventures and Access Ventures. The cross-platform app has snatched up 45 million users in the 18 months it’s been available.
Lifecrowd parties with a new $5M investment
Social events startup Lifecrowd has raised $5 million in its first round of funding from Lightbank, Bullpen Capital, Baroda Ventures, and Prism VentureWorks. Lifecrowd lets anyone create a social event, but curates its social calendar so only the best ones show up — no more lame meetups in someone’s parent’s basement.
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BranchOut grabs $25M for a better LinkedIn
If you hate LinkedIn but like Facebook, BranchOut has you covered. The service has the same functionality as LinkedIn but operates on Facebook, so you can share business contact information and find jobs. BranchOut raised $25 million from Mayfield Fund, with participation by Accel, Norwest Venture Partners, and Redpoint Ventures.
Robot vacuum producer Neato Robotics gets funding
Neato Robotics has just snagged $12.2 million in fourth-round funding for its robot vacuum cleaner. Vorwerk Ventures and Noventi Ventures led this fourth round, which will be used to grow the company’s business and launch a new vacuum model.
Insieme gets a $100M investment from Cisco
Cisco has invested $100 million in a networking startup called Insieme that was started by three Cisco employees. The company also has the option to pay $750 million more to buy Insieme, should Cisco choose. Insieme tackles issues in software-defined networking (SDN), a somewhat easier and less expensive way to deploy cloud computing systems.
NComputing raises $21.8M for desktop virtualization
Desktop virtualization and thin-client computing firm NComputing has raised $20 million in a new round of funding. QuestMark Partners led the round with existing investors Menlo Ventures, Scale Venture Partners, and Daehong Technew. The company has raised a total of $57.8 million to date.
Greenlight Planet raises funds for solar lights
Greenlight Planet has raised $4 million. The company provides solar lights for rural villages in Africa and India, hoping to replace the kerosene lanterns most off-the-grid villages use. ZA Associates led the round.
Treehouse snags $4.75M to teach you how to code
Codecademy competitor Treehouse has raised $4.75 million for its online coding school. The company offers classes on how to do web design, write JavaScript, and build iOS apps. The Social + Capital Partnership led the round, with Reid Hoffman and David Sze from Greylock Discovery Fund participating.
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